One year after the medical device tax, as part of the Affordable Care Act went into effect, the financial impact on the medtech industry is not as bad as industry lobbyists feared, but it is still concerning to the industry. According to a recently analysis completed by MassDevice.com, … Read More
MassDevice.com has reported that Medtronic is receiving over $1 million in repayments from a New Zealand doctor after forensics revealed the surgeon faked invoices to avoid debt. A New Zealand judge ordered surgeon Gregory Dale Finch to pay overdue invoices after ruling the doctor forged documents in order … Read More
The FDA put its highest-risk Class I label on a fracture risk recall of Johnson & Johnson subsidiary DePuy Orthopaedics’ LPS LPS Lower Extremity Dovetail Intercalary Component. According to a report released today by MassDevice.com, federal healthcare regulators put their highest-risk Class I label on a recall of … Read More
Johnson & Johnson (NYSE:JNJ) is pulling the plug on its troubled metal-on-metal hip implant business, effective Aug. 31. In a statement released by JNJ subsidiary DePuy Orthopaedics, the healthcare giant said it would halt all sales of its Ultamet metal-on-metal articulation and Complete ceramic-on-metal acetabular hip system because … Read More
