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  • J&J looks to sell off Cordis for as much as $2B

    Johnson & Johnson is reportedly seeking a buyer for its Cordis unit, which is focused on vascular medical devices. This would be the second major divestiture for the conglomerate this year, it sold Ortho-Clinical Diagnostics to private equity firm The Carlyle Group in June for $4.2 billion.

FDA clearance of Medtronic's scoliosis implant a much-needed victory for pediatric devices

Pediatric devices are in short supply because of the prevalence of rare diseases in children, as well as their unique physiology. So, FDA's 510(k) clearance of Medtronic's Shillla Growth Guidance System for the treatment of scoliosis in children less than 10 years old has particular significance.

Transcranial magnetic stimulation can improve memory, study shows

Researchers used transcranial magnetic stimulation to stimulate the hippocampus region in the brain. This resulted in increased connectivity in related regions and improved memory that persisted in healthy volunteers for more than 24 hours after stimulation, according to a study in the latest issue of the journal Science.

Bayer's startup accelerator funds 5 device, healthcare app companies

Fresh off the sales of its interventional device unit to Boston Scientific, Bayer Healthcare is showing renewed interest in med tech via its startup accelerator.

New imaging system uses biomarker to guide brain cancer surgery

Brain surgeons have long relied on a pathology analysis to determine if they have completely removed a tumor. This can be a time-consuming and inaccurate process. Results of a study for a new imaging system that detects a molecular marker found in brain gliomas suggest it could improve upon that surgical practice.

Attorney: Latest UDI guidance unhelpful, many questions left unanswered

The latest in a series of guidances explaining and implementing last year's Unique Device Identification final rule is "little more than a regurgitation of information contained in the rule itself, the preamble to the rule, the UDI website, and the Global Unique Device Identification (GUDID) guidance document," wrote medical device law attorney Jennifer Newberger.

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