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Medical device jobs grow overseas while hiring focuses on specialists
Medical device jobs are growing. However, much of the job growth is being seen overseas, according to American recruiters. Also, companies developing new innovative medical devices expect a medical device sales specialist to come with contacts in hand.
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Kips Bay Medical working to gain foothold in Europe but not there yet
Kips Bay Medical is moving closer to its IPO (it now plans to raise $21.2 million instead of $57.5 million). But in the meantime the company carries on, trying to get a foothold in Europe. It won approval to sell its eSVS Mesh vein support system in Europe in May, but had only sold 165 units in its first seven months after approval.
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Payer’s Place: Dawn Maroney
Dawn Maroney, President, Markets of Alignment Health and CEO of Alignment Health Plan, to discuss how they are using technology to provide better service and care to consumers.
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Mayo Clinic announces $100 million gift for proton beam therapy program
The Mayo Clinic Proton Beam Therapy Program will use an advanced type of proton beam therapy known as pencil beam scanning, which uses a narrower beam. Developed at a Swiss physics institute about a decade ago, it’s still only in use at a few centers. The MD Anderson Cancer Center at the University of Texas in Houston became the first U.S. clinic to begin using the treatment in 2008. Harvard’s Massachusetts General Hospital announced the addition pencil-beam scanning at its center in 2009.
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Vascular Solutions reports seventh year of double-digit revenue growth
Vascular Solutions makes new innovative medical devices for peripheral and coronary arteries. Net revenue for the fourth quarter ending Dec. 31 increased 15 percent compared to last year’s fourth quarter. Net revenue for the year was also up 15 percent to a record-setting $78.4 million.
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An obesity medical device lost its Gruve. Can it get it back?
Muve was Minnesota’s “breakthrough business idea” of 2007. The obesity-fighting fitness device concept was the unanimous winner of that year’s Minnesota Cup contest, earning it prize money and piles of positive press. Not only that, the startup had a big-name partner behind it in the Mayo Clinic. So why did the company fail?
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Court sides with St. Jude Medical in Volcano unfair competition case
The litigation was filed by LightLab Imaging, which St. Jude acquired last year, against one of its suppliers, Axson Technology, as well as Volcano Corp., a San Diego company that bought Axson in 2008. Axson and LightLab are both based in Massachusetts.
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Are insurers becoming a pain in the neck for spine surgery device makers?
Are spinal fusion procedures on the way out? Health plans and a growing number of doctors think too many patients are getting lumbar fusions without first exhausting less expensive non-surgical options such as exercise, physical therapy and epidural steroid injections.
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CEO: Uroplasty’s Q3 performance ‘began to reflect potential’
Uroplasty‘s performance finally “began to reflect the potential of the company” in the third quarter, […]
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New SurModics CEO looks to focus on a ‘secret sauce’ after Ramius drama
SurModics hosted its first earnings call since naming a new CEO in December and resolving a brief standoff with activist shareholder, Ramius LLC. The loss was expected, and the earnings call instead centered on the newly appointed CEO Gary Maharaj, who spoke about a need to identify and refocus on the company’s efforts on a “well-defined core.” What exactly that core is, however, is yet to be defined.
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Applying Remote Patient Monitoring to Surgery Prep and Recovery, Oncology and Women’s Health
Join us to learn about the latest trends in remote monitoring and how to extend its benefits beyond chronic conditions to more patients – all while using fewer staff resources.
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FDA’s Minneapolis office sent one device-related warning letter in 2010
The U.S. Food and Drug Administration’s Minneapolis District Office generated just a single device-related warning letter in 2010 after more than 140 inspections in Minnesota, Wisconsin and the Dakotas.
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Urologix blames turnover, economy, reimbursement confusion for Q2 loss
The Plymouth-based company develops devices for treating enlarged prostate, or benign prostatic hyperplasia. Its Targis System uses microwave energy to heat and destroy enlarged prostate tissue as an alternative to pharmaceutical treatment. “The second quarter’s results are disappointing and inconsistent with the efforts towards sustained, sequential revenue growth,” CEO Stryker Warren Jr. said during the company’s conference call.
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Mayo Clinic center to promote best practices for health care delivery
The Mayo Clinic wants a lead role in helping the nation improve health care quality while lowering costs, and it continued to signal that ambition on Tuesday by announcing the launch of a new Center for the Science of Health Care Delivery.
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Minnesota angel tax credit helps spur $30 million in investment
Minnesota’s angel tax credit has helped loosen investors’ checkbooks to the tune of $30 million so far, including more than $10 million for medical-related startups.
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St. Jude Medical to sell deep brain stimulation device in Australia
St. Jude Medical says it’s won approval to begin selling its Athena deep brain stimulation programming device Down Under.