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NeuroMetrix stock surges on distribution agreement in China

After a long, slow stock slide this year following a February report of lower year-over-year revenue, NeuroMetrix share prices have more than doubled in the past month after the company launched a website, and today announced a new distribution agreement to help … More…


J&J DePuy Synthes Arm Commits More Than $36M To Ramp Up Irish R&D Facility

Johnson & Johnson’s ($JNJ) DePuy Synthes arm plans to spend more than $36 million to build up a research-and-development operation in Ireland. The operation should create 38 research level positions at the company’s plant in Ringaskiddy, and will focus on development work … More…

501k FDA

FDA Asserts Support for Consumer Genetic Tests Despite 23andMe Crackdown

The FDA backs a market that lets consumers easily gain information about their genomes and genetic risks, an agency official said, despite aggressive action that stopped 23andMe from selling its direct-to-consumer health-related genetic tests until they obtain formal regulatory approval. Rather than … More…


Covidien is Acquiring Given Imaging, maker of the ‘PillCam’ oral endoscope, for $860M

Given Imaging ($GIVN) makes “PillCam,” a pill containing a tiny, disposable camera that patients swallow to give GI doctors an endoscopic view of their small bowel, esophagus and colon. Irish medical device giant Covidien ($COV) over the weekend announced a definitive agreement to acquire … More…


Pulse of the industry: medical technology report 2013

The medical technology sector is weathering a perfect storm caused by three concurrent trends: the move toward value-based health care, growing regulatory pressures, and resource constraints within the industry itself. Medtech’s customer base is shifting, too: payers, health systems and … More…

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