MassDevice.com +5 | The top 5 medtech stories for August 9, 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. Presbia acquires Neoptics assets for $2m Presbia said yesterday that its Irish subsidiary agreed to pay about $1.5 million to acquire some unspecified assets from Neoptics AG. The CHF 1.5 million buyout includes Neoptics current and pending patents, trademarks, equipment, inventory, technical and other related documents, Presbia said. Hünenberg, Switzerland-based Neoptics makes the Icolens device, a lens designed to be implanted into the cornea to treat presbyopia. Read more 4. Synthes sales consultants win $5m class action settlement Outside sales reps for Johnson & Johnsonsubsidiary Synthes who accused the company of failing to cover business expenses and illegal wage deductions last week won a $5 million settlement in their class action lawsuit. Lead plaintiff Troy Lindell was an outside sales rep for Synthes from 1999 until 2011 in Fresno County, Calif., according to his December 2011 complaint. Although Synthes pledged to reimburse him for the 200 miles a week he spent on the road and for the office supplies and equipment he needed to do the job, the company ...
Source: Mass Device - Category: Medical Equipment Authors: Tags: News Well Plus 5 Source Type: news