MassDevice.com +3 | The top 3 medtech stories for November 12, 2015

Say hello to MassDevice +3, a bite-sized view of the top three medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.   3. SurgiQuest files for $75m IPO SurgiQuest this week registered for an initial public offering estimated at $75 million. Milford, Conn.-based SurgiQuest makes the AirSeal device for use in minimally invasive abdominal surgeries. AirSeal is designed to insufflate the rectum and provide continuous smoke evacuation. Read more 2. Boston Scientific dips on Medicare reimbursement hit for Watchman anti-stroke device Boston Scientific shares took a hit yesterday after a Centers for Medicare & Medicaid Services proposal that would limit coverage for the Watchman anti-stroke device. Investors also likely reacted to a pair of Class II recalls from the FDA, sending BSX shares down -4.2% to $18.01 apiece yesterday. Watchman, a transcatheter implant designed to seal off the left atrial appendage to prevent the formation of blood clots that could cause stroke, was approved by the FDA in March and asked for a CMS coverage decision in May. The federal health insurer proposed to limit coverage for Watchman to patients in approved clinical trials who can’t take warfarin, an anti-coagulant drug. Read more 1. Apple CEO teases new medical product A...
Source: Mass Device - Category: Medical Equipment Authors: Tags: News Well Plus 3 Source Type: news