Medtronic gets FDA warning on heart implant unit AP (November 18, 2009) MINNEAPOLIS (AP) - Medtronic says it is responding to a warning letter it received from the Food and Drug Administration about procedures at the Minnesota headquarters of its heart implants division.
Sonova to buy Advanced Bionics for $489M AP (November 09, 2009) STAEFA, Switzerland (AP) - Swiss hearing aid firm Sonova Holding AG said Monday it is buying cochlear implant maker Advanced Bionics Corp., based in California, for $489 million in cash.
Boston Scientific paying $296 million settlement AP (November 06, 2009) NEW YORK (AP) - Medical device maker Boston Scientific Corp. said Friday it will pay $296 million to settle a Department of Justice investigation into the company's Guidant unit.
Osiris gets $15M milestone payment from NuVasive AP (November 03, 2009) NEW YORK (AP) - Osiris Therapeutics Inc. said Tuesday it received a $15 million payment from NuVasive Inc., the final milestone fee linked to the sale of Osiris' bone graft stem cell business.
New Boston Scientific stent approved in Europe AP (November 02, 2009) NATICK, Mass. (AP) - Medical device maker Boston Scientific said Monday it received European marketing approval for its latest drug-coated stent technology, which prevents blocked arteries.