By BRAD PERRIELLO Writer, Mass Device WARSAW — Medtronic last week challenged a pair of Masimo patents covering pulse oximetry technology, filinginter partes reviews with the U.S. Patent & Trademark Office. The petitions allege that claims in one of the patents, covering “signal processing apparatus,” are obvious due to prior art that the patent office “did not fully consider …read more.

When Johnson & Johnson (NYSE:JNJ) agreed to a $2.5 billion settlement to close some 8,000 cases over its metal-on-metal hip implants, about 1/3 of that money went to the lawyers and legal teams representing the cases. Lawyers took an average of $90,000 of each patient’s $250,000 award, according to a New York Times report, a …read more.

Biomet prepares to close doors on a 230-employee manufacturing facility in Switzerland, citing a global dip in medical device prices and ongoing economic challenges. MassDevice.com reports today that Biomet is letting go of a Swiss manufacturing facility where 230 workers will be dismissed. The company blames the decision on “declining global prices for medical devices …read more.