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Stryker has publicly denied any immediate plans to acquire British devicemaker Smith & Nephew, but left open the door for a future takeover bid. Read More
The Obama administration has radically reinterpreted the doctrine of preemption in pressing the Supreme Court not to hear a case involving a Medtronic pain pump, attorneys familiar with the U.S. solicitor general filing say. Read More
Massachusetts-based Fresenius Medical Care North America has issued two voluntary recalls of a concentrate used in dialysis machines over fears of bacterial contamination, the FDA said. Read More
Medtronic has settled a long-running global patent dispute with Edwards Lifesciences related to transcatheter aortic valve replacement programs, allowing the company to sell its CoreValve transcatheter valve. Read More
Abbott’s efforts to work with the Centers for Medicare & Medicaid Services to improve reimbursement for its MitraClip transcatheter mitral valve repair system have paid off with an advisory panel’s recommendation to cover the procedure. Read More
Sen. Patrick Leahey (D-Vt.) effectively killed any chance at patent reform legislation last week by removing H.R. 1720 from the agenda of the Senate Finance Committee, which he chairs. Read More