Recently added articles from Medical Product Outsourcing:
Don't tread on us.(Editor's Letter)
Oct 01, 2009; Delporte, Christopher ... We've all heard the old saying that nothing is certain except death and taxes. Well, to monkey with the adage a bit, a proposed tax could be the death of innovation in the medical device sector if left unchecked. As part of his $900 billion proposed healthcare reform ...
Institute of medicine to examine CDRH's 510(k) review process.(Top of the News)
Oct 01, 2009; ... The U.S. Food and Drug Administration (FDA) is getting introspective. This bit of self-inflicted organizational soul searching comes in the form of a review of the agency's 510(k) review process by the Institute of Medicine (IOM). Critics inside and outside of the agency have ...
Deals roundup: September brings device deal making.(Top of the News)(Company overview)
Oct 01, 2009; ... Covidien Inks Aspect Medical Deal Covidien purchased Aspect Medical Systems Inc. for $210 million. The boards of directors of both companies unanimously approved the acquisition, which is expected to wrap up by the end of the year. Founded in 1987, Aspect develops ...
Grant seeks to grow Indiana's orthopedic sector.(Top of the News)
Oct 01, 2009; ... A private foundation awarded a $7 million grant to create a group that will help foster the growth of the Hoosier State's orthopedic industry. The money, according to a news release, will fund the creation of OrthoWorx, a Warsaw, Ind.-based organization described as an "industry, community ...
CareFusion launched on NYSE.(Top of the News)
Oct 01, 2009; ... CareFusion Corporation Chairman and CEO David L Schlotterbeck, center (red tie), rang the New York Stock Exchange (NYSE) opening bell last month to mark the company's spinoff from Cardinal Health Inc. CareFusion Corp. common stock began trading on the NYSE Sept. 1 under the symbol "CFN." ...
Preparing for the upturn.(Best Practices)
Oct 01, 2009; Jacobs, Bruce E. ... Regardless of the federal economists' predictions of economic improvement, stock market rallies or the slowing of unemployment claims, foreclosures and credit card losses, the current economic climate will not be over for manufacturers, suppliers and distributors of medical devices and ...
Learning from a legend.(Process Improvement)
Oct 01, 2009; Condon, Joe ... For professionals with automotive experience, a look at most medical device operations and approaches to quality is a trip back to the future. In the midst of government bailouts and severe economic restructuring, two industries that seem to be polar opposites are only separated by time ....
Quality physician heal thyself: taking a quality approach to supplier audit programs.(The Supply Chain)
Oct 01, 2009; Pearce, Gerard ... Doctors can make the worst patients, and quality professionals can focus so closely on suppliers' quality that they miss opportunities for improvement in their own programs. By applying basic quality principles in the evaluation of suppliers, improved efficiency and effectiveness will have ...
What's up, doc? Risk management issues in promotional practices to physicians.(Risk Management)
Oct 01, 2009; Quinley, Kevin ... Transparency has become the watchword for our times. States are increasingly regulating how medical device companies can and cannot deal with the physician community. According to a national survey of doctors published in the New England Journal of Medicine, 94 percent of physicians have ...
Interoperability--are we there yet?(IT Intelligence)
Oct 01, 2009; Bosch, Tim ... A few years ago, a typical approach to interoperability was to define a proprietary, customized interface specification, or to use a standard such as HL7 (Health Level Seven is an all-volunteer, not-for-profit organization involved in development of international healthcare standards) with ...
Second-quarter sales slide 5 percent at Philips Healthcare.(Financial News)(Financial report)
Oct 01, 2009; ... If there's one lesson to be learned from last year's financial fiasco, it should be this: Focus only on matters within our control. It's a simple theory, really, and it proves its worth every time life spirals out of control. Executives at Royal Philips Electronics NV tested ...
Mindray Medical posts surge in Q2 gross profit, income.(Financial News)(Financial report)
Oct 01, 2009; ... Could the recession finally be losing steam? If second-quarter results from Mindray Medical International Limited are any indication, the "green shoots" of recovery that economists saw sprouting in late spring and early summer may have started to take root and grow. The ...
Becton Dickinson posts 15 percent growth in Q3 profit.(Financial News)(Financial report)
Oct 01, 2009; ... Robust sales of drug delivery systems and diabetes care products proved crucial to Becton Dickinson and Company's bottom line in the third fiscal quarter, helping the firm boost its profits by 15 percent and push revenues to $1.82 billion. Net income at the Franklin Lakes, ...
Spinal implant market grew 9% in 2008.(Data Watch)
Oct 01, 2009; ... The U.S. market for spinal implants was worth $7.45 billion in 2008, a 9 percent increase compared with 2007, according to a report by iData Research Inc. The boost was largely attributed to the thoracolumbar fusion fixation, interbody device and cervical fusion fixation markets, which ...
Pushing the envelope: tubing providers respond to medical device OEMs' requests for smaller, thinner, uniquely shaped products.(FEATURE: Tubing)(Cover story)(Company overview)
Oct 01, 2009; Sohn, Tim ... [ILLUSTRATION OMITTED] Tubing providers increasingly are receiving requests for smaller, thinner and custom shaped tubes from medical device OEMs, but industry executives claim the trend potentially could affect quality. "As companies try to push the envelope, one of ...
Getting it right: in the first article from our two-part series, contract manufacturing firms discuss the components to successful outsourcing relationships.(FEATURE: Developing Outsourcing Solutions (Part I))
Oct 01, 2009; Barbella, Michael ... [ILLUSTRATION OMITTED] In his 2005 bestselling book," The World is Flat: A Brief History of the Twenty First Century," Pulitzer Prize-winning journalist Thomas L. Friedman discusses the torrent of technological advances and social shifts that have led to globalization. He names ...
Room to grow: industry consultants report on emerging global markets that could be serious medtech players in the near future.(FEATURE: International Opportunities)
Oct 01, 2009; Loh, Evangeline ... [ILLUSTRATION OMITTED] The global medical device market's estimated value is $206.6 billion. While the United States, the European Union and Japan have been industry leaders, emerging markets in Europe, Asia and Latin America continue to grow and gain momentum. ...
Outside looking in: what foreign manufacturers need to know about the reach of U.S. courts.(FEATURE: International IP Law)
Oct 01, 2009; Ghavi, Amir ... Despite the well-publicized economic downturn, the United States remains the world's most prolific market for medical devices, accounting for nearly half of the world's sales. This expansive and lucrative market, however, does not come without its responsibilities. Selling medical devices ...
Show preview: Medical Product Outsourcing Symposium: industry experts will offer advice on minimizing risks and maximizing benefits.(SHOW PREVIEW: MPO Symposium)(Conference news)
Oct 01, 2009; ... The MPO Staff Medical device manufacturing industry professionals will gather Oct. 27-28 for the next Medical Product Outsourcing Symposium. "Mitigating Risk Throughout the Outsourcing Process: Today's Most Critical Manufacturing Decisions for Medical Device ...
2009 MPO salary survey: Medtech workers remain enthusiastic, though respondents report feeling the economy's pinch more this year.(FEATURE: 2009 Salary Survey)
Oct 01, 2009; Delporte, Christopher ... It has been a bleak year economically, which perhaps may be a bit of an understatement. As recently as Sept. 23, however, officials at the U.S. Federal Reserve said the economy is improving, activity in the housing sector is increasing, and we're pulling out of recession. That's welcome ...
