Recent Press Releases

Johnson & Johnson Announces Acceptance of Binding Offer From Cardinal Health To Acquire Cordis

NEW BRUNSWICK, N.J. - May 28, 2015 — Johnson & Johnson (NYSE: JNJ) today announced the acceptance of the March 1, 2015 binding offer from Cardinal Health to acquire its Cordis business for...

FTC Challenges Merger of Companies That Provide Sterilization Services to Manufacturers

Merger of Steris Corporation and Synergy Health plc Would Harm Competition for Contract Radiation Sterilization Services FOR RELEASE May 29, 2015 TAGS: Bureau of Competition Competition The Federal...

Corindus Vascular Robotics Announces Pricing of Public Offering of Common Stock

May 28, 2015 07:48 PM Eastern Daylight Time WALTHAM, Mass.--(BUSINESS WIRE)--Corindus Vascular Robotics, Inc. (OTCQB: CVRS), a leading developer of precision vascular robotics, today announced the...

In New Cardiac Surgery Study NephroCheck® Kidney Biomarkers Rise To The Occasion

JAMA-Published Study Shows Significant Reduction in Acute Kidney Injury; Supports Utility of TIMP-2 AND IGFBP-7 SAN DIEGO, May 29, 2015 /PRNewswire/ -- An intervention known as remote ischemic...

Zimmer Announces Agreements in Furtherance of Pending Biomet Merger

WARSAW, Ind., May 28, 2015 /PRNewswire/ -- Zimmer Holdings, Inc. (NYSE and SIX: ZMH) ("Zimmer") announced today that it has finalized agreements with buyers to divest in the United States...

SurgiQuest's AirSeal® System Receives FDA 510(k) Clearance for Transanal Endoscopic Surgery

MILFORD, Conn., May 28, 2015 /PRNewswire/ -- SurgiQuest, Inc. ("SurgiQuest", the "Company"), a leading provider of innovative access technologies for minimally invasive surgery...

Cambia Health Solutions Leads New Round of Investment in lifeIMAGE

Enabling better quality care at a lower cost through the secure, electronic exchange of medical images Newton, Mass. (PRWEB) May 28, 2015 lifeIMAGE announced today that it has closed a $17.5 million...

Jury Finds Boston Scientific Liable For Woman's Two Defective Transvaginal Mesh Devices, Says Motley Rice LLC

Jury Finds Boston Scientific Liable For Woman's Two Defective Transvaginal Mesh Devices, Says Motley Rice LLC Victim awarded $100 million in damages MT. PLEASANT, S.C., May 28, 2015...

Penumbra ACE64 Cleared for Marketing by U.S. Food & Drug Administration for Acute Ischemic Stroke Patients

New Advancement in Intra-Arterial Treatment of Stroke May 27, 2015 09:00 AM Eastern Daylight Time ALAMEDA, Calif.--(BUSINESS WIRE)--Penumbra, Inc., a global interventional therapies company and...

Viveve Announces $12M Private Placement of Common Stock

Financing Strengthens the Balance Sheet to Support the Company's OUS Commercial Launch SUNNYVALE, CA -- (Marketwired) -- 05/13/15 -- Viveve Medical, Inc. ("Viveve") (OTCQB: VIVMF), a...

Vital Access Receives $10 Million Financing Commitment from Deerfield

SALT LAKE CITY, May 27, 2015 /PRNewswire/ -- Vital Access Corp. announced today that it has closed on a $10 million credit facility with Deerfield Management, a healthcare investment firm. Proceeds...

StimGuard Announces Positive Long Term Patient Outcomes For World's First Wireless Microsize Permanent Injectable OAB Tibial Stimulator

Regulatory Studies for Office Procedure Treatment of Incontinence To Take Place This Year May 28, 2015 09:00 AM Eastern Daylight Time MIAMI--(BUSINESS WIRE)--StimGuard LLC, a medical device...

Freedom Meditech Raises $4.8 Million and Appoints John Gerace as Chief Executive Officer

SAN DIEGO, May 28, 2015 /PRNewswire/ -- Freedom Meditech, Inc., a medical device company transforming the diagnosis and monitoring of chronic diseases from current blood-based standards to early and...

CAREFUSION PROVIDES UPDATE ON VOLUNTARY GLOBAL RECALL OF AVEA® VENTILATOR

Contact: Consumer: 888-562-6018 Technical Support: 888-231-2466 Media: Troy Kirkpatrick (858) 617-2361 Email: troy.kirkpatrick@carefusion.com FOR IMMEDIATE RELEASE — May 27, 2015 — San...

LumiThera Receives LSDF Commercialization Grant Award

SEATTLE, May 27, 2015 /PRNewswire/ -- LumiThera Inc., a developmental stage medical device company creating a non-invasive photobiomodulation (PBM) treatment for ocular disorders and disease,...

Myomo, Inc. Partners with Paralyzed Veterans of America

Organizations Join Together to Provide Veterans with Arm Paralysis Resources and Educational Programs May 27, 2015 09:00 AM Eastern Daylight Time CAMBRIDGE, Mass.--(BUSINESS WIRE)--Myomo, Inc., a...

Study Shows Sorin Group's Phospholipid Reduction Treatment Significantly Reduces Calcium Absorption in Tissue Heart Valves to Help Enhance Valve Durability

New data presented at the 64th European Society for Cardiovascular and Endovascular Surgery in Istanbul May 27, 2015 08:00 AM Eastern Daylight Time MILAN--(BUSINESS WIRE)--Sorin Group (MIL:SRN),...

UMD Researcher Developing Virtual "CyberHeart" for Testing & Improving Implantable Cardiac Devices

MAY 19, 2015 Contacts: Abby Vogel Robinson 301-405-5845 Tom Ventsias 301-405-5933 Lee Tune 301-405-4679 COLLEGE PARK, Md. - A University of Maryland expert in the model-based testing of embedded...

NSF supports projects to design virtual heart models and robot-cell hybrids

May 12, 2015 Today the National Science Foundation (NSF) announced two, five-year, center-scale awards totaling $8.75 million to advance the state-of-the-art in medical and cyber-physical systems...