Tag:

Covidien

Latest Headlines

Latest Headlines

Med tech megamergers haven't translated to massive layoffs--at least not yet

None of the giant med tech acquisitions that have closed recently have resulted in a reduction in employee count yet. Not Medtronic-Covidien, Zimmer-Biomet, nor Becton Dickinson-CareFusion. But the rumors are already swirling on where all the anticipated cost savings and reduduncies will be found. That's according to the latest jobs data from  EP Vantage.

Medtronic plays both sides: a new varicose vein adhesive found comparable to its ablation treatment

The latest data from Medtronic demonstrate just how wide its market reach extends. It found that a recently approved adhesive treatment for chronic venous insufficiency is comparable to radiofrequency ablation via a device that it also markets. That makes it seem like a win-win for the medical device giant, which now offers two equivalent, but distinct, treatment modalities.

Covidien settles the score in more than 11,000 vaginal mesh cases

Medtronic's Covidien unit is settling more than 11,000 claims related to transvaginal mesh devices, months after a judge urged companies facing litigation over the products to resolve cases with plaintiffs rather than battling it out in court.

Medtronic recalls tracheotomy tubes due to problem that could result in difficulty breathing

Medtronic announced a large voluntary recall of its Shiley neonatal and pediatric tracheostomy tubes is underway due to a wider angle bend among affected models than in those manufactured after Nov. 29, 2012. It has suspended shipments of the faulty tubes.

Medtronic vein closure device recalled in Europe, Asia right around time of its U.S. launch

Medtronic's Covidien was hit with a recall of 1,661 units of its VenaSeal Sapheon Closure System, a procedural delivery system for an adhesive that treats venous reflux disease by closing the affected veins in the lower leg.

First adhesive varicose vein treatment wins FDA approval

With the FDA approval of Covidien's VenaSeal closure system, medical professionals can for the first time treat varicose veins in the legs by using an adhesive to cut off blood supply.

Launches lead the way as Medtronic beats the Street

Medtronic added 2% in early trading after it reported its first earnings since the close of the Covidien acquisition. Recent product launches across business groups helped push it to beat consensus earnings for the quarter by $0.04 at $1.01 and top revenue estimates at $4.32 billion versus the $4.26 billion expectation.

New studies show that devices, not just drugs, can help treat strokes

Groundbreaking studies offer more evidence that revascularization devices that physically remove blood clots from the brain are a valuable and potentially lifesaving addition to pharmaceutical therapy in stroke patients.

Medtronic gains first FDA approval for Covidien device: Pipeline Flex for brain aneurysm

Medtronic scored its first new FDA approval resulting from the acquisition of Covidien, which closed less than two weeks ago. The nod is for Pipeline Flex, a next-generation minimally invasive flow diversion device for unruptured aneurysm. It comes from Covidien's fast-growing, but tiny, neurovascular group.

Welch Allyn adds Nonin to partner trio for next-gen vital sign device

Welch Allyn has partnered with Nonin Medical for its blood oxygen level measurement technology, PureSAT SpO2. It plans to use this technology alongside others to create a next-generation vital sign device that's intended to enable customized vital sign capture, interval monitoring and wireless transfer of patient data to an electronic medical record.