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April 11, 2005

Vol. 2 No. 71

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St. Jude Completes Acquisition of Velocimed

St. Jude Medical announced it has completed the acquisition of the business of Velocimed, a privately owned company that develops, manufactures and markets specialty interventional cardiology devices.

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Appeals Court Rejects Pacemaker Fraud Case

A federal appeals court rejected a claim by two lawyers who argued that the federal Medicare program was defrauded by a company that made defective wires for heart pacemakers.

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Boston Scientific Receives CE Mark for New DES Sizes

Boston Scientific announced that it has received CE Mark for three large vessel sizes (4.0 mm, 4.5 mm and 5.0 mm) of its Taxus Express2 paclitaxel-eluting coronary stent system in Europe and other international markets.

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FDA Clears Novare's EndoLink Articulating Instruments

Novare Surgical Systems announced that it has received clearance from the FDA to market its family of EndoLink surgical instruments, single-use hand-held instruments that incorporate six degrees of articulating freedom.

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Bio-Rad Makes $82 Million Bid for BioSource

Bio-Rad said it has made an $82 million unsolicited offer to buy BioSource International.

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Utah Medical Updates Status of FDA Lawsuit

Utah Medical Products continues its efforts to discover the basis for a lawsuit filed eight months ago by the FDA in the U.S. District Court in Salt Lake City, alleging failure to comply with the FDA Quality System Regulation (QSR).

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MIVT Expands Delivery Systems With Two New Patents

MIV Therapeutics, a developer of next-generation biocompatible coatings and drug delivery technologies, has filed two new patent applications that will enable the development and manufacture of an advanced new class of drug-eluting coatings capable of delivering multiple medicines from a cardiovascular stent or other implanted medical devices.

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Biophan Announces New SQUIGGLE Motor for Medical Uses

Biophan Technologies has announced the development of a new, ultra-small model of the implantable and wearable, highly precise ceramic SQUIGGLE motor that's half the size of previous models, with significant improvements in precision and electrical efficiency compared to electromagnetic motors.

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CardioTech Announces CE Mark Application Submission

CardioTech International announced that it has submitted to its European Notified Body an application to obtain CE Marking approval of its CardioPass Artificial Coronary Artery Graft.

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Varian Announces Unique Probe Technology

Varian has introduced a revolutionary, new design for nuclear magnetic resonance probes used to determine the molecular structures of proteins and other biomolecules in the solid state.

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XDx Launches Test to Enable Better Management

XDx, a molecular diagnostics company, announced the launch of an innovative test for the management of heart transplant patients.

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Norwood Receives TGA for Laser Vision Correction Technology

Richard Walmsley, Chief Executive Officer of Norwood Devices, a division of medical technologies group Norwood Abbey, announced the company had received Therapeutic Goods Administration (TGA) approval for its Centurion SES Epikeratome — the key component of Epi-LASIK technology, the next generation of vision correction surgery.

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Sonic Introduces Premium Digital Hearing Aid Line

Sonic Innovations, a producer of advanced digital hearing aids, announced the release of its Innova product family.

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