Sandvik Medical Solutions, a medical device manufacturer, has announced plans to lay off 55 employees, according to a Memphis Daily News report.
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DJO Global, a provider of medical device solutions for musculoskeletal health, vascular health and pain management, has signed an agreement to purchase Dr. Comfort for approximately $254.6 million, according to a company news release.
Medical device company Smith & Nephew has filed a lawsuit against nine former employees, accusing them of conspiring to use confidential company information to start a competing business, according to a Memphis Daily News report.
Namal Nawana has been appointed to the position of worldwide president of DePuy Spine, according to a company news release.
The earthquake and tsunami in Japan could cause major sales disruptions for medical device companies, according to a Reuters news report.
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The Food and Drug Administration has sent a warning letter to Anulex Technologies, a medical device company specializing in spinal products, regarding clinical trials of its Xclose tissue repair system.
Orthofix has introduced three new sports medicine devices, including a post-op shoulder brace, a rigid ligament knee brace and walker boots for pediatric patients, according to a company news release.
Medtronic has launched its VERTEX SELECT CHROMALOY Plus Rods, serving as a supplement to the VERTEX SELECT Reconstruction System, according to a company news release.
Action Products has introduced the Action Orthopedic Hip Positioner, according to a news release.
The Food and Drug Administration has rejected Medtronic's Amplify spinal product, citing cancer development in some patients during clinical trials, according to a Reuters news report.