Medtronic's (Minneapolis) Infuse bone graft application has been sharply criticized by a group of spine specialists who are repudiating the research of experts that have backed the widespread use of the product. (Medical Device Daily)
With an emphasis on stringent quality measures, and steady growth, it was only a matter of time before World Micro (Atlanta) delved into the med-device sector. The electronics distributor, which is a private company and serves the military/aerospace sector, said earlier today that it was going to roll out a new business sector to serve the unique requirements of the medical device market. (Medical Device Daily)
Last week, the Advanced Medical Technology Association (AdvaMed; Washington) put on its Superman cape and unveiled a set of policy recommendations that it hopes will preserve America's position as a leader in medical technology innovation. Dubbed the Competitiveness Agenda (which can be seen in more detail by clicking here), AdvaMed is issuing out a call to arms to the government to not overlook the med-tech industry. Here's the problem that the med-tech industry is facing. Imagine for one moment that you're on the brink of not being able to pay your mortgage. Slowly and steadily you're getting behind on the bills...
Cordis (Bridgewater, New Jersey), the stent making arm of Johnson & Johnson (J&J; New Brunswick, New Jersey), is pulling out of the drug-eluting stent (DES) business, as tougher competition and a flat market have eroded sales of these once top products. (Medical Device Daily)