Medical Devices Today

Health Care Trends: Payment Bundling--The Future of Reimbursement?

Article preview reprinted from Medtech Insight - June 2009

A number of industry experts have long believed that any significant change in health care must be tied to reimbursement, and the Centers for Medicare and Medicaid Services (CMS) has begun a pilot project that will test that theory. Under a three-year plan called the Acute Care Episode (ACE) demonstration, five sites in the US have been selected to use a single, bundled-payment system for hospital and physicians services associated with 28 cardiac and nine orthopedic inpatient surgical services and procedures. Read on...

AccessClosure: FDA Clearance--Yes; Product Launch--Not Yet

Article perview reprinted from IN VIVO - June 2009

Sometimes just getting FDA approval isn't enough. AccessClosure got FDA clearance of its PMA vascular closure device, only to delay the product's launch in order to develop an improved version. The company forestalled one-and-a-half years of revenue to address physicians' concerns and introduce an improved product. This was particularly wise in the field of vascular access closure devices, where previous devices have disappointed. The decision appears to be paying off as the company is seeing rapid adoption even though its product is priced at a premium. Read more...

Given To Launch Next-Gen Colonoscopy PillCam In Europe In November

Full article reprinted from 'The Gray Sheet" - July 20, 2009

Given Imaging expects its PillCam COLON 2 endoscopy capsule will overcome many of the limitations identified in a recent clinical trial comparing its first-generation PillCam COLON to standard colonoscopy. Find out more...

DoJ Targets Five Cardiac Ablation Device Makers In False Claims Probe

Full article reprinted from 'The Gray Sheet" - July 20, 2009

Medtronic, Boston Scientific, St. Jude Medical and AtriCure are targeted in an ongoing Justice Department probe into alleged off-label promotion of cardiac ablation devices for atrial fibrillation. Find out more...

House Health Reform Bill Calls For Sweeping National Device Registry

Full article reprinted from 'The Gray Sheet" - July 20, 2009 Medical device manufacturers are trying to prevent the creation of a National Medical Device Registry as proposed in a health care reform bill introduced in the House July 14. Find out more...

Baxter Buys Edwards' CRRT Product Line

Deal summary reprinted from Strategic Transactions - July 2009

Edwards Lifesciences has agreed to sell its hemofiltration product line (also called continuous renal replacement therapy (CRRT)) from its Critical Care unit to Baxter International, its long-term supplier.  Find out more...

Meet Medical Device Development's Dynamic Duo

Fred Khosravi & Amar Sawhney: Dynamic Device Development Duo

Article perview reprinted from IN VIVO - June 2009

Located on opposite coasts and with complementary skill sets, Fred Khosravi, founder of EndoTex, teamed up with Amar Sawhney, founder of Confluent Surgical, to form Incept, which has become a powerful device company creation engine. Using a unique formula that launches new companies building on previous successes, Incept has compiled an enviable record, starting nine companies in 11 years with three exits and no failures. Read more...

Introducing the 2009 Medical Device Funding Review

A Special 2009 Mid-Year Look at the Medical Device Start-Ups
that Will Win the Funding in Tough Times
More than 70 pages of business critical insight and analysis from Start-Up including 8 recent full feature articles worth $1000 plus 10 Medical Device Start-Ups to Watch!

• Medtech Investing 2009: What's Changed? Start-Up, May 2009 (pg. 5)
• Has VC Lost Its Appetite for Risk? Start-Up, May 2009 (pg. 16)
• Corporate Venture Captial Takes Center Stage Start-Up, May 2009 (pg. 19)
• Covidien Set to Compete in Vascular Business IN VIVO, May 2009 (pg. 26)
• Health Care Reform Targets Medical Devices IN VIVO, May 2009 (pg. 27)
• Device CEOs Who Find the Funding IN VIVO, April 2009 (pg. 36)
• A New Chapter for Device VCs? Start-Up, March 2009 (pg. 42)
• Corporations Chiming in On Device Financings Start-Up, March 2009 (pg. 49)
• Medical Device Investing: Financing in an Economic Crisis IN VIVO, Jan. 2009 (pg. 50)
• The A-List: 2008's Trend Shaping Series A Financings Start-Up, Jan. 2009 (pg. 58)
• Device VCs not Immune to Crisis Start-Up, Oct. 2008 (pg. 70)

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CardiAQ Valve Technologies

Article preview reprinted from Start Up - June 2009

Today, mitral valve repair and replacement procedures involve opening the chest and stopping the heart. Hence, many patients who might otherwise benefit from therapy are excluded because they are either too ill or not ill enough to justify the risk. A percutaneous mitral valve replacement system in development from CardiAQ Valve Technologies intends to significantly reduce that risk by using a catheter to deliver a new mitral valve.

Boston Sci, St. Jude, Medtronic Accused In Suit Of Doctor Kickbacks

• Boston Sci, St. Jude, Medtronic Accused In Suit Of Doctor Kickbacks
• Boston Scientific’s Longer Taxus Stent Gets FDA Nod
• Royal Philips To Buy Cardium’s InnerCool For $12.8 Million
• Abbott Looks To Devices Growth To Offset Declines At Drugs Business
• Boston Sci, Datascope Endoscopes Questioned In New Study
• J&J Unit Gets Canadian Approval To Market Glucose-Delivering Device
• Medtronic Said To Lose Investor Confidence With Adverse Events
• J&J CFO Says Hospital, Dr. Agreements With Obama Cut Device Sales
• J&J Ortho Unit Says Economy Continues To Defer Joint Replacements