Market & Industry Briefs: GAO, Cordis, Atritech, Zimmer, Abbott
Article preview from Medtech Insight - September 2008
Brief summaries of recent medtech market and industry developments. This month we cover a new GAO report that ups the pressure on the medical imaging market; Cordis Corp.'s suspension of its PFO closure device program; Atritech's PMA for stroke prevention; Zimmer's acquisition of Abbott Spine; and the US market for contraception devices and procedures.
Article preview from Medtech Insight - September 2008
GAO Report Ups Pressure on Medical Imaging Market
Diagnostic imaging studies have been under scrutiny for some time now, as payors and regulatory bodies debate whether such scans are overused by physicians. (See "Diagnostic Imaging: Screening Faces Scrutiny," Medtech Insight, January 2008.)
Cordis Shelves Plans for PFO Closure Device, Focuses in Other Areas
Johnson & Johnson's (J&J) Cordis Corp. division is suspending efforts to develop a catheter-based patent foramen ovale (PFO) closure device, the company announced during its Analyst Day presentation in June.
Atritech Files PMA for Stroke Prevention Device
Atritech Inc. filed a PMA in August for its WATCHMAN device, a percutaneously placed implant designed to close the left atrial appendage (LAA), the site in the heart's left atrium believed to generate the majority of stroke-causing clots in patients with atrial fibrillation (AF).
Zimmer Rounds Out Spinal Offerings with Abbott Spine Acquisition
Zimmer Holdings Inc.'s $360 million acquisition of Abbott Laboratories Inc.'s Abbott Spine spinal surgery Brief summaries of recent medtech market and industry developments.
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Companies mentioned in this article:
Abbott Laboratories Inc.
Abbott Spine
Spine Next SA
Adiana Inc.
American Medical Systems Holdings Inc.
Atritech Inc.
Barr Pharmaceuticals Inc.
Biomet Inc.
Conceptus Inc.
Conceptus SAS
Globus Medical Inc.
Hologic Inc.
Cytyc Corp.
Johnson & Johnson
Cordis Corp.
Ensure Medical Inc.
DePuy Spine Inc.
Ortho-McNeil Inc.
Medtronic Inc.
Medtronic Sofamor Danek
NuVasive Inc.
Ovion Inc.
Stryker Corp.
Synthes Inc.
US Department of Health and Human Services
Watson Pharmaceuticals Inc.
Watson Pharma Inc.
Wyeth
Zimmer Holdings Inc.
Centerpulse AG
Endius Inc.
ev3 Inc.
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