Industry News

Medtronic Sales Fall Short But Beats Earnings Expectations

Posted by rsteeber on August 22, 2017
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Category: Industry News
DUBLIN - August 22, 2017 - Medtronic plc (NYSE: MDT) today announced financial results for its first quarter of fiscal year 2018, which ended July 28, 2017. The company reported first quarter worldwide revenue of $7.390 billion, compared to the $7.166 billion reported in the first quarter of fiscal year

Osprey Medical raises $26 Million to grow …

Posted by rsteeber on August 10, 2017
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Category: companies hiring, Industry News
Minnetonka-based Osprey Medical has raised about $26 million to bolster its U.S. sales force and ramp up efforts to sell medical devices that reduce the amount of chemical agents used during millions of live-motion X-rays to treat vascular problems. Earlier this year, the U.S. Food and Drug Administration cleared a

Catheter Ablation Procedures is expected to fuel growth of the atrial fibrillation market

Posted by rsteeber on June 22, 2017
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Category: Industry News
According to CDC, it is estimated that 2.7–6.1 million individuals in the U.S. alone suffer from atrial fibrillation. The report further states that the number is likely to increase with the aging of the population in this region. Roughly 2% of the population who are younger than 65 years of

FDA grants 510(k) clearance to Meditech’s new lumbar fusion device

Posted by rsteeber on June 21, 2017
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Category: Industry News
The US Food and Drug Administration (FDA) has granted 510(k) clearance to market spinal implants provider Meditech’s new Talos Lumbar (HA) Peek IBF lumbar fusion device. The Talos Lumbar (HA) Peek IBF is indicated for use in skeletally mature patients suffering from degenerative disc disease (DDD), which is characterised by