WASHINGTON— Federal health officials on Thursday approved an innovative new option for Americans struggling with addiction to heroin and painkillers: a drug-oozing implant that curbs craving and withdrawal symptoms for six months at a time. The first-of-a-kind device, Probuphine, arrives as communities across the U.S. grapple with a wave of addiction tied... » Read More
St Jude Medical Inc said the FDA has issued a Class I recall on faulty parts of its devices implanted into patients to control irregular heartbeats.
The company said on Tuesday that it expected to record pre-tax restructuring charges of $2.0 billion to $2.4 billion in connection with these plans, of which about $600 million will be recorded in the fourth quarter of 2015.. The restructuring is expected to result in annualized pre-tax cost savings of $800 million to $1 billion, J&J said.
In connection with its plans, J&J said it expected to record pre-tax restructuring charges of $2 billion to $2.4 billion, of which about $600 million will be recorded in the fourth quarter of 2015..
Jan 15- The U.S. Food and Drug Administration on Friday issued draft guidelines to medical device makers on how to protect patients from cybersecurity vulnerabilities in their devices. Joshua Corman, founder of I Am The Cavalry, a cybersafety advocacy group who worked with the FDA on the guidance, said he was extremely encouraged by the agency's action.
Jan 15- The U.S. Food and Drug Administration on Friday issued draft guidelines to medical device makers on how to protect patients from cybersecurity vulnerabilities in the devices. "Cybersecurity threats to medical devices are a growing concern," the agency said in a statement. "The exploitation of cybersecurity vulnerabilities presents a potential risk to...
Jan 11- Medical device maker Medtronic Plc said it planned to buy back shares worth up to $5 billion over the next couple of years. The company said on Monday an internal reorganization in September had resulted in cash and cash equivalents of $9.3 billion, which would be used to fund the buyback and to repay debt. Medtronic also raised the lower end of its full-year...
Mount Sinai Hospital's CEO told CNBC that while Obamacare survived a repeal attempt, it's locked in a tough game of numbers.
Jan 8- Breast implant maker Sientra Inc said its medical implants were found to be safe during a third-party testing, three months after it suspended sales of the devices to ensure technical compliance. In a letter to plastic surgeons dated Thursday, Chief Executive Jeffrey Nugent said the regulatory bodies had reviewed the device and found it to be safe and...
The recent criticism surrounding $9 billion diagnostics firm Theranos has been unfair, Theranos board member Richard Kovacevich tells CNBC.
Over the past several years, the FDA has received thousands of reports of complications, including bleeding, organ perforation and urinary problems, involving the use of mesh for transvaginal POP repair, the agency said. The FDA noted that an advisory panel of experts in 2011 recommended that more data was needed to establish their safety.
China's capital Beijing issued its second smog red alert of the month on Friday, triggering vehicle restrictions and forcing schools to close.
Dec 3- Medical device maker Medtronic Plc reported a better-than-expected quarterly profit, helped by higher sales in all divisions. The Dublin- based company said adjusted profit per share included a 4- cent charge from integrating Covidien Plc, which Medtronic bought in January for nearly $50 billion. Medtronic said its net profit fell to $520 million, or 36...
Dec 3- Medical device maker Medtronic Plc reported a 62 percent jump in quarterly revenue, helped by higher sales in all divisions. The Dublin- based company's net profit fell to $520 million, or 36 cents per share, in the second quarter ended Oct. 30 from $828 million, or 83 cents per share, a year earlier, mainly due to higher restructuring charges.
Medtronic Plc, Abbott Laboratories, Edwards Lifesciences Corp and HeartWare International Inc in recent months have spent a total of $2 billion to buy young companies developing versions of the technology. Nearly 6 million people in the United States may suffer from mitral disease, and Wall Street analysts say it could be the next multibillion-dollar...
Rising demand for IVF in China will strain already-crowded state-run hospitals but create opportunities for overseas health centers.
Theranos only uses its finger-prick technology in one test after pressure from regulators, The WSJ reports.
As baby boomers age, UPS, FedEx and DHL expect health-care logistics to become a more important part of their future.
Teen creates cheaper way to test for Ebola
Reckitt Benckiser, the maker of Durex condoms, is calling on India to axe price controls on its products, the FT reports.
These wearables can read your mind and mood. Companies like Interaxon, Thync and Scanadu are leveraging EEG sensors to help users control their thoughts.