Latest Headlines

Latest Headlines

First adhesive varicose vein treatment wins FDA approval

With the FDA approval of Covidien's VenaSeal closure system, medical professionals can for the first time treat varicose veins in the legs by using an adhesive to cut off blood supply.

Launches lead the way as Medtronic beats the Street

Medtronic added 2% in early trading after it reported its first earnings since the close of the Covidien acquisition. Recent product launches across business groups helped push it to beat consensus earnings for the quarter by $0.04 at $1.01 and top revenue estimates at $4.32 billion versus the $4.26 billion expectation.

New studies show that devices, not just drugs, can help treat strokes

Groundbreaking studies offer more evidence that revascularization devices that physically remove blood clots from the brain are a valuable and potentially lifesaving addition to pharmaceutical therapy in stroke patients.

Medtronic gains first FDA approval for Covidien device: Pipeline Flex for brain aneurysm

Medtronic scored its first new FDA approval resulting from the acquisition of Covidien, which closed less than two weeks ago. The nod is for Pipeline Flex, a next-generation minimally invasive flow diversion device for unruptured aneurysm. It comes from Covidien's fast-growing, but tiny, neurovascular group.

Welch Allyn adds Nonin to partner trio for next-gen vital sign device

Welch Allyn has partnered with Nonin Medical for its blood oxygen level measurement technology, PureSAT SpO2. It plans to use this technology alongside others to create a next-generation vital sign device that's intended to enable customized vital sign capture, interval monitoring and wireless transfer of patient data to an electronic medical record.

Labeling mix-up leads to serious recall of Covidien's (now Medtronic's) infusion system

More than 1,000 of Medtronic's Trellis Peripheral Infusion Systems have misidentified balloon ports on the device itself, which could result in fatal errors, leading the FDA to issue its most serious type of recall on both models of product.

With Covidien deal in the bag, Omar Ishrak urges Medtronic employees to stay focused on the company mission

In the wake of the closure of Medtronic's mega, nearly $50 billion purchase of Covidien, CEO Omar Ishrak announced that the company will give $10 to charity for every email he receives from an employee containing reflections on the company's mission to restore health, alleviate pain and extend life.

Medtronic and Covidien to close $43B merger today with Irish High Court approval

Weeks after Medtronic and Covidien won shareholder approval for their $43 billion merger, the companies expect to finalize the deal today after the Irish High Court signed off on the pending acquisition.

In a win for Spectranetics, Covidien's to-be-divested drug-coated balloon earns CE mark

Covidien today announced the CE mark granted for its Stellarex drug-coated balloon for peripheral artery disease. In addition to physically displacing the lesion with angiopolasty, Stellarex delivers the drug paclitaxel like many of its European competitors.

Medtronic and Covidien win shareholder approval for proposed $43B merger

Medtronic and Covidien are nearing the finish line of their pending $43 billion merger as Medtronic shareholders voted on Tuesday to approve the deal, following in the footsteps of a similar vote from Covidien shareholders.