MassDevice.com +5 | The top 5 medtech stories for April 11, 2016

Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 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. Get this in your inbox everyday by subscribing to our newsletters.   5. Grifols puts up $100m for a 49% stake in Interstate Blood Bank Grifols said that it agreed to pay $100 million for a 49% stake in plasma collector Interstate Blood Bank. The deal includes an option to buy the remaining 51% for another $100 million and a $10 million call option, Barcelona-based Grifols said. Read more 4. Vascular Solutions initiates voluntary recall of Guardian II valve Vascular Solutions said today it initiated a recall of its Guardian II hemostasis valves designed for use in catheterization procedures over an increased risk of air leakage that could lead to air embolism. The Minneapolis, Minn.-based company said the FDA labeled the recall as a Class I, the agency’s most serious classification of recall, which is used when there is a reasonable probability that product use could cause serious adverse health consequences or death. Read more 3. St. Jude Medical’s Axium chronic pain device makes its U.S. debut St. Jude Medical today announced the U.S. debut of its Axium neurostimulator system, after the device won FDA approval in February for trea...
Source: Mass Device - Category: Medical Equipment Authors: Tags: News Well Plus 5 Source Type: news