MassDevice.com +5 | The top 5 medtech stories for June 27, 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.
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5. Report: CVRx CEO Yared tapped for AdvaMed chairman
Nadim Yared, the CEO of CVRx, is reportedly slated to replace Becton Dickinson chief executive Vincent Forlenza as chairman of AdvaMed, the medical device industry’s national lobby in Washington. It’s the 1st time the Advanced Medical Technology Assn. will have a small company’s leader at the head of the board, according to the healthegy website. Read more
4. Zimmer Biomet clears U.S. anti-trust waiting period on LDR Holding acquisition
Zimmer Biomet said today that its pending, $1 billion acquisition of LDR Holding cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
The $37-per-share offer for LDR, which makes the Mobi-C cervical disc replacement and Mivo lumbar and cervical fusion devices, is slated to expire at midnight July 13; today Zimmer said it expects to close the deal during the 3rd quarter. Read more
3. Shareholders sue TransEnterix over shelved SurgiBot
TransEnterix said today that it’s being sued by a pair of shareholders over its failure to win FDA clearan...
Source: Mass Device - Category: Medical Equipment Authors: MassDevice Tags: News Well Plus 5 Source Type: news
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