Maureen Martino

Articles by Maureen Martino

FDA unveils streamlined de novo guidelines

The FDA has proposed new guidelines for the de novo clearance process that the agency says could shave 90 days off approval period of some devices. Currently, only devices that have already been

With inexpensive materials, iPhone becomes imaging device

UC Davis researchers have turned an iPhone into a medical device capable of performing detailed microscopy. By attaching an inexpensive ball lens to the iPhone's existing camera, the scientists

Getinge buys Atrium Medical for $680M

Maquet Cardiovascular, a subsidiary of Sweden's Getinge Group, is paying $680 million to acquire U.S.-based medical device company Atrium Medical. The move marks Getinge's largest acquisition in four

Boston Scientific to cut 1,400 jobs

Boston Scientific will cut up to 1,400 jobs by the end of 2013 to save $275 million, the company revealed in its second quarter earnings report. The cuts will be achieved through a combination of

Nevro lands $58M for pain device

Johnson & Johnson Development Corporation led a $58 million financing for Nervo Corp., a pain management company that's developing a new spinal cord stimulation (SCS) therapy intended to provide

King's College spins out Centron Diagnostics

King's College London has spun out Centron Diagnostics, a start-up that will use new technology to measure central blood pressure. The device, which is worn on the arm, will measure both traditional

Boston Scientific's CEO pay nosedived in 2010

Reductions in stock options and bonuses caused Boston Scientific CEO Ray Elliott's pay to plummet 86 percent in 2010 to $4.7 million. The CEO earned $33.4 million the previous year. Elliott, the

CryoLife buys Cardiogenesis for $22M

Atlanta-based CryoLife has inked a deal to buy Cardiogenesis Corporation for $22 million--a 43 percent premium to Cardiogenesis' closing price on March 28. The Irvine, CA-based developer makes

GI Dynamics advances weight loss advice

GI Dynamics has a fresh set of positive clinical results from three studies of its EndoBarrier Gastrointestinal Liner, a device used to treat type 2 diabetes, weight loss and other metabolic factors.

Device uses submarine tech to detect stroke

A device developed by retired U.S. Navy sonar experts could allow physicians to better diagnose and monitor potential stroke victims. At the Society of Interventional Radiology's 36th Annual