Medical Devices

Downward trend expected to continue for life sciences VC
By Rene Letourneau | 01:48 pm | October 04, 2012
Venture capital (VC) funding in the life sciences sector, which includes the biotechnology and medical device industries, decreased 39 percent in dollars and 22 percent in number of deals in Q2 2012 compared with Q2 2011, according to PricewaterhouseCoopers' recent MoneyTree report. Many industry analysts think this downward trend is likely to continue.
FDA offers four-pronged plan to strengthen postmarket device surveillance
By Rene Letourneau | 02:15 pm | September 07, 2012
In a report released Thursday, the FDA outlined a four-step plan to better monitor and report on the effectiveness and safety of medical devices.
FDA proposes unique ID system for medical devices
By Rene Letourneau | 03:54 pm | August 08, 2012
The Food and Drug Administration (FDA) released a proposed rule on July 3 that most medical devices distributed in the United States carry a unique device identifier (UDI).
Cardiac device market growth rate to reach 9 percent in U.S. by 2015
By Erin McCann | 01:18 pm | July 23, 2012
The cardiac medical device market is projected to reach a compound annual growth rate of an estimated 9 percent by 2015 in the U.S., according to a recent report from research and consultancy firm RNCOS.
FDA mobile medical app guidelines on the way
By Eric Wicklund | 12:34 pm | July 12, 2012
Guidelines on how certain mobile medical apps will be governed by the U.S. Food and Drug Administration may be released as soon as the end of the year.
FDA releases proposed UDI rule; reaction generally positive
By Rene Letourneau | 08:06 am | July 06, 2012
The Food and Drug Administration (FDA) released a proposed rule that most medical devices distributed in the United States carry a unique device identifier (UDI).
House approves bill to increase FDA user fees
By Rene Letourneau | 09:45 am | May 31, 2012
The U.S. House of Representatives approved a bill Wednesday to increase user fees paid by pharmaceutical and medical device manufacturers looking to bring new products to the market. The bill passed easily by a vote of 387-5.
Social media becomes a business intelligence strategy
By Kelsey Brimmer | 02:45 pm | April 25, 2012
According to a recent report by the Health Research Institute at PwC U.S. regarding the use of social media in healthcare, one-third of consumers use sites such as Facebook, Twitter, YouTube and online forums to find health-related information.
5 largest medical device M&A deals of 2011
By Michelle McNickle | 11:50 am | March 13, 2012
In 2011, the medical device sector posted a total of 170 deals, according to Deal Search Online, the M&A database from Irving Levin Associates. And according to revealed prices, 2011 had a grand total of $63.5 billion in medical device merger and acquisition transactions. We delved a bit deeper into the five largest medical device M&A deals of 2011, as outlined by Irving Levin Associates.
Medical device companies feel economic pressure, see record M&A levels
By Rene Letourneau | 10:00 am | March 01, 2012
Medical device manufacturers are feeling the effects of a sluggish economy and a revamped reimbursement model, which are leading to slow growth and record levels of mergers and acquisitions activity.