MassDevice.com +5 | The top 5 medtech stories for June 29, 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. ‘Donnie Brasco’ brother sues Zimmer A former sales rep for Zimmer Biomet – who is the brother of the FBI agent on whom the movie “Donnie Brasco” is based – yesterday filed a $15 million lawsuit accusing the orthopedics giant of firing him for his grand jury testimony against a doctor who was allegedly performing unnecessary knee replacements. Dominick Pistone, the brother of former FBI legend Joseph Pistone, spent 25 years selling Zimmer products before the company fired him in June 2015, according to the lawsuit. In 2007, Dominick Pistone became aware that an unnamed physician, referred to as “Dr. X” in his complaint, was “performing numerous double knee replacements, well above the average … primarily for financial gain and not in the best interest of the patients,” using the OtisKnee implant then made by OtisMed. Read more 4. Entellus Medical pays $11m for Cogent’s XeroGel Entellus Medical said it paid $11 million in cash to acquire the XeroGel surgical sinus packing from Cogent Therapeutics. “We are pleased to secure ownership of this best-in-...
Source: Mass Device - Category: Medical Equipment Authors: Tags: News Well Plus 5 Source Type: news