Tag: Medtronic
WINONA LAKE — Fourth through 12th-grade students in Kosciusko County are invited to submit artwork for the Lilly Center Art Contest. The theme is “Life at the Lake.” Submissions are open until Wednesday, April 15, said a news release from the Lily Center for Lakes and Streams. The Lilly Center Art Contest is an annual …read more.
WARSAW — The Salvation Army served 140 families through Christmas Eve with its Angel Tree program. This year, 289 children ages 12 and under were given a gift, book, as well as a hat and gloves according to Ken Locke, Salvation Army Administrator for Kosciusko and Whitley Counties. Sixty teens were given gift cards from …read more.
WARSAW — Former Warsaw surgeon and inventor Dr. Rick C. Sasso has filed a lawsuit against Warsaw Orthopedic Inc., Medtronic PLC and Medtronic Sofamor Danek Inc. in Kosciusko County Superior Court I. The lawsuit revolves around access to a sales ledger to determine royalties owed following the 2018 lawsuit granting Sasso $112.5 million in damages. Dr. Rick C. Sasso …read more.
PLYMOUTH — A surgeon and inventor, formerly from Warsaw, was awarded $112.5 million in damages stemming from a lawsuit that began in Kosciusko County and moved to neighboring Marshall County. Dr. Rick C. Sasso, emerged triumphant from the nearly month-long jury trial after it was decided he was entitled to money he earned during a …read more.
WARSAW — Officials at Medtronic have confirmed that a “reduction of force” took place at the Warsaw facility today, Friday, Feb. 10. Medtronic is the world leader in the spinal implant market, and its principal manufacturing facility for those products is in Warsaw. More than 600 employees work in the Warsaw facility producing implants for …read more.
DUBLIN — Medtronic plc announced financial results for its first quarter of fiscal year 2017, which ended July 29, 2016. The company reported first-quarter, worldwide revenue of $7.166 billion, a decrease of 1 percent, or an increase greater than 5 percent on a constant currency, constant weeks basis. Foreign currency translation had a negative $7 …read more.
DUBLIN — Medtronic plc today announced U.S. Food and Drug Administration 510(k) clearance of the CD Horizon Fenestrated Screw Set, which can be used for patients diagnosed with advanced stage tumors involving the thoracic and lumbar spine. This marks the first U.S. clearance for cement-augmented pedicle screws. The CD Horizon Fenestrated Screws are used with …read more.
DUBLIN — Medtronic plc, the global leader in medical technology, today announced it has received CE Mark for its new Guardian Connect mobile continuous glucose monitoring system for people with diabetes using insulin injection therapy. Guardian Connect is the first smartphone-enabled CGM system from Medtronic to receive CE Mark and further demonstrates the company’s intent …read more.
WARSAW — Medtronic employees who were part of a volunteer team called “Mission in Motion”, were on hand to deliver a check to the K21 Health Foundation for the Cancer Care Fund of Kosciusko County. During the month of April, many employees participated in purchasing t-shirts, satisfying their sweet tooth with the candy sales, throwing …read more.
WARSAW — The U.S. FDA is defending its response to a delay in reporting by MedTronic of injuries allegedly caused by its Infuse bone growth product. MassDevice cites a recent article by the Minneapolis StarTribune, which took an in-depth look at the situation and reported on MedTronic’s delay in reporting. The company disputed the story …read more.
WARSAW — “There is a whole social dynamic in going on break and buying a soda,” said Jay Tate, CCI general manager. People with intellectual disabilities enjoy the same things everyone else does and want the same opportunities to work and make money, like everyone else, and CCI Manufacturing, an extension of Cardinal Services, helps …read more.
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.
By DAVID YOUNG Public Relations, Medtronic WARSAW — Medtronic plc announced Monday, Sept. 28, it has acquired Lazarus Effect, a Campbell, Calif.-based, privately-held medical device company focused on acute ischemic stroke products that facilitate the capture and removal of clots. The Lazarus Effect acquisition is an all-cash transaction of $100 million at closing. “With this …read more.
By BRAD PERRIELLO MassDevice.com WARSAW — Medtronic said Tuesday, Sept. 15, that the FDA granted pre-market approval for its Evera MRI SureScan device, touting it as the first MRI-safe implantable cardiac defibrillator to win U.S. approval. Fridley, Minn.-based Medtronic said the Evera device is approved for MRI scans of any body area. The device is expected …read more.
By JENNIFER DIAL St. Vincent, Indianapolis INDIANAPOLIS – Dr. Albert Lee, neurosurgeon with Goodman Campbell Brain and Spine, St. Vincent, Indianapolis, is the first in Indiana – and among a select group of physicians in the United States – trained in a new surgical procedure by Medtronic called deep brain stimulation therapy for advanced Parkinson’s …read more.
By BRAD PERRIELLO Writer, Mass Device WARSAW — Medtronic is recalling some 6,900 EnVeo R loading systems for its CoreValve Evolut R replacement heart valve after particulate matter turned up in some lots. The FDA gave the 6,912-unit recall Class I status, denoting a problem that could lead to serious injury or death. Fridley, Minn.-based Medtronic …read more.
By BRAD PERRIELLO Writer, Mass Device WARSAW — Medtronic‘s Covidien subsidiary wants the U.S. Supreme Court to hear its appeal in a patent infringement case against Johnson & Johnson‘s Ethicon Endo-Surgery unit over surgical shears. In December, 2014, the U.S. Court of Appeals for the Federal Circuit overturned a decision granting a $177 million award to Covidien in the U.S. …read more.
WARSAW — A ribbon cutting is set for July 15 at the Warsaw Certified Technology Park. The event will be held at 1:30 p.m. at 1445 Polk Drive, Warsaw. The park, consisting of 95 acres, is north of the US 30 and Silveus Crossing intersection, behind Ivy Tech Community College. Zoned industrial, the new park …read more.
A recent study conducted by “NerdWallet” analyzed 99 locations in Indiana to determine which cities are best suited for entrepreneurs. After analyzing locations with a population of at least 5,000 and at least 500 businesses, NerdWallet ranked Warsaw as the fifth best place in Indiana to start a business. According to the website, this ranking …read more.
By TAMMY ALLEN OrthoWorx Director of Marketing Over 60 summer interns and co-ops from OrthoWorx member companies recently attended an after-work social program to connect with other interns/co-ops from local medical device companies. Attendees included individuals from Biomet, DePuy Synthes Joint Reconstruction, Medtronic, OrthoWorx, Paragon Medical and Zimmer. The purpose of the event was to …read more.
Medtronic plc (NYSE: MDT) yesterday announced financial results for its fourth quarter and fiscal year 2015, which ended April 24, finalizing the preliminary revenue issued by the company on May 19. Unless otherwise noted, all revenue growth rates in this press release are stated on a comparable, constant currency basis, which includes Covidien plc in …read more.
Medtronic plc (NYSE: MDT) announced this week its preliminary revenue results for the fourth quarter and fiscal year 2015, which ended April 24. As this is the first quarter where the company is reporting results that include its recent acquisition of Covidien, full financial results are expected to be reported on June 2, two weeks …read more.
Medtronic plc (NYSE: MDT) announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market the ZEVO(TM) Anterior Cervical Plate System. This system is now commercially available for the treatment of cervical degenerative disc disease, trauma, tumors, deformity, pseudoarthrosis, and/or failed previous fusions. The ZEVO System represents Medtronic’s latest technology …read more.
US Food and Drug Administration announced the filing of a consent decree against Medtronic – and two of the company’s officers – for violations related to the Synchromed II system.
By BRAD PERRIELLO Editor MassDevice Medtronic (NYSE:MDT) said Thursday, it’s launching a study of a new, combination treatment for atrial fibrillation using renal denervation and cardiac ablation. The Fridley, Minn.-based medical device giant said the 245-patient Symplicity AF trial is a prospective, randomized, multi-center feasibility study. It’s designed to compare RDN and pulmonary vein isolation …read more.
The U.S. Justice Department announced last week that Medtronic PLC and affiliated Medtronic companies, Medtronic Inc., Medtronic USA Inc., and Medtronic Sofamor Danek USA Inc., have agreed to pay $4.41 million to the United States to resolve allegations that they violated the False Claims Act by making false statements to the U.S. Department of Veterans …read more.
Medtronic (NYSE:MDT) announced in a press release today that it has bought out the remaining 70% share of NGC Medical S.p.A. in a deal valuing the Italian hospital management provider at $350 million. NGC Medical manages the cardiovascular suites, operating rooms and intensive care units at nearly 30 hospitals in Italy and is “rapidly expanding its service …read more.
The mega-merger of medtech titans Medtronic (NYSE:MDT) and Covidien (NYSE:COV) has some of Medtronic’s shareholders angry that they are being stuck with a tax penalty because of the structure of the $43 billion merger. MassDevice.com reports that some long-time backers of Medtronic have filed a lawsuit to block the merger and others appeared at the company’s …read more.
Johnson & Johnson (NYSE:JNJ) and Medtronic (NYSE:MDT) agreed to a confidential settlement of a lawsuit brought by Medtronic MiniMed accusing J&J’s Animas diabetes business of infringing patents, according to a regulatory filing. MiniMed sued Animas in May 2012, alleging that the Animas OneTouch Ping glucose management system and the IR 1250, IR 2020 and IR 2000 insulin pumps …read more.
Medtronic (NYSE:MDT) could get a big hit if some Democrats in Congress are successful in their quest to pass a bill banning inverters from bidding for or winning federal contracts. Such companies have claimed as much as $1 billion in government dollars in the past 5 years. Hoping to curb what is being deemed a corporate exodus of …read more.
According to Brad Periello of MassDevice.com, Medtronic released information today that it would pay out $112 million for the medical device tax during the 2014 fiscal year, which would represent nearly a 4 percent loss to the company’s bottom line. MassDevice notes that the company paid a total of $21 million during 2013’s fiscal year, which …read more.
Medtronic Inc. (NYSE: MDT), a global leader in medical technology, services and solutions, and Covidien plc (NYSE: COV), a global healthcare technology and medical supplies provider, today announced they have entered into a definitive agreement under which Medtronic has agreed to acquire Covidien in a cash-and-stock transaction valued at $93.22 per Covidien share, or a …read more.
Medtronic Inc. (NYSE: MDT) has announced the final follow-up results from its CoreValve® CE Pivotal Study, which looks to be good news for heart patients. In a press release, Medtronic said the CoreValve System demonstrated excellent long-term durability at four years in patients with severe aortic stenosis who were treated with the self-expanding CoreValve System. …read more.
One year after the medical device tax, as part of the Affordable Care Act went into effect, the financial impact on the medtech industry is not as bad as industry lobbyists feared, but it is still concerning to the industry. According to a recently analysis completed by MassDevice.com, the medtech industry paid at least $500 …read more.
MassDevice.com has reported that Medtronic is receiving over $1 million in repayments from a New Zealand doctor after forensics revealed the surgeon faked invoices to avoid debt. A New Zealand judge ordered surgeon Gregory Dale Finch to pay overdue invoices after ruling the doctor forged documents in order to dodge his debt. Finch attempted to …read more.
Medtronic announced it has landed a 1 year, $58 million extension of its U.S. Defense Department contract for radiology equipment. The U.S. Defense Department extended the deal with Medtronic for another year, the agency said yesterday. The contract extension, worth $58 million for the Fridley, Minn.-based medical device company, is for radiology systems, subsystems and …read more.
An accident involving two semis and at least one other vehicle east of the Medtronic on U.S. 30 in Warsaw had closed both eastbound lanes of the highway for about an hour. Emergency personnel from Warsaw Fire Department, Warsaw Police Department and Multi-Township EMS responded to the crash site just before 3 p.m. The accident …read more.
Medtronic has received news that the U.S. Supreme Court will hear its appeal over a long-running dispute between rival Boston Scientific over patent infringements. In September, the U.S. Court of Appeals for the Federal Circuit overturned a Delaware court’s decision that Medtronic had not infringed on Boston Scientific’s patents. The appeals court found that the …read more.
[youtube http://www.youtube.com/watch?v=R68VNkGqEpU] Approximately 1,300 seventh and eighth grade students attended the Kosciusko Career Expo Wednesday held by the Workforce Development Committee of the Warsaw/Kosciusko County Chamber of Commerce. The event featured approximately 50 exhibitors who set up tables with hands on demonstrations for students to partake in. The goal in the event was to expose the …read more.
A representative for Medtronic today has confirmed that the orthopedics company will be reducing its Warsaw workforce leaving approximately 50 full-time workers without jobs. Eric Epperson, senior director of communications for the company, told StaceyPageOnline.com today that Medtronic made its employees aware of restructuring plans on April 4 saying changes would occur as the company …read more.
Indiana’s life sciences industry has a $50 billion total impact on the state’s economy, according to recently updated data gathered by the Indiana Business Research Center at the Indiana University Kelley School of Business and BioCrossroads, Indiana’s initiative for investment, development and advancement of the state’s signature life sciences strengths. Now with a workforce of …read more.
MINNEAPOLIS – Medtronic, Inc. (NYSE: MDT) today announced financial results for its fourth quarter and fiscal year ended April 27, 2012. The company reported worldwide fourth quarter revenue of $4.297 billion, compared to the $4.167 billion reported in the fourth quarter of fiscal year 2011, an increase of 4 percent on a constant currency basis …read more.