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Johnson & Johnson (J&J) has won a recent antitrust lawsuit by Applied Medical Resources alleging anticompetitive business practices by J&J in connection with trocar and clip applier products.
Federal prosecutors will be more aggressively enforcing anti-kickback laws for deals between industry sales reps and hospitals in Medicaid device and drug negotiations, according to a high-ranking Department of Justice (DOJ) official.
Olympus Corporation, which recently acquired shares worth approximately $11 million in San Diego based Cytori Therapeutics, has announced plans to accelerate investment and expand its partnership with the American company.
St. Jude Medical Inc. said Monday it is merging two of its units to create a new division focused on developing medical devices used to treat heart problems.
IDEV Technologies, Inc., an emerging leader in the development and marketing of minimally invasive stent technologies, announced that the company received a 510(k) clearance from FDA for the first interwoven nitinol self-expanding stent available in the United States.
Zogenix, a privately held pharmaceutical company, raised $60 million in financing Monday to help it bring a device to market that migraine sufferers can use to self-inject medicine without a needle.
The U.S. Court of Appeals for the Federal Circuit recently overturned the verdict reached by a jury in the Federal Court for the Northern District of Indiana concerning biomaterials derived from bladder tissue for use as medical products.
In an advance that speeds up diagnosis of the most dangerous avian flu, scientists have developed a detailed influenza test that takes less than 12 hours, federal health officials said yesterday.