Biotechnology
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Covidien lands FDA approval for stapling system
Medical device maker Covidien PLC landed 501(k) clearance by the U.S. Food and Drug Administration for its reusable iDrive Ultra powered stapling system. more
Covidien’s Mallinckrodt to acquire CNS Therapeutics
Medical device maker Covidien LLC’s pharmaceutical arm, Mallinckrodt, has entered into a definitive agreement to acquire St. Paul, Minn.-based CNS Therapeutics Inc. more
| 9/24/12
Device paves the way for new healing technique
Healing fractured bones can be a messy business. Surgeons often employ a toolbox of metal rods, plates, screws and nails to align and stabilize fissured bones. The difficulty of the task worsens with aging or osteoporotic bones. more
By Robin Respaut
Contributing Writer | 12/17/12
R.I. medical tech industry building community
On Wednesday evening, Stephen Lane - chairman, chief venture officer and co-founder of Ximedica - played host to a diverse group of more than 40 members of Rhode Island's emerging med-tech community to discuss strategies to enhance connectivity and collaboration. more
Natus to acquire Grass Tech group from Astro-Med for $18.6M
San Carlos, Calif.-based Natus Medical Inc. has entered into a definitive agreement to acquire the Grass Technologies product group from technology manufacturer Astro-Med Inc. for $18.6 million, the companies announced Monday. more
| 1/7/13
Covidien to acquire CV Ingenuity
Medical device maker Covidien PLC has signed a definitive agreement to acquire Freemont, Calif.-based CV Ingenuity during the first quarter of 2013, the company announced Wednesday. more
| 12/26/12
Amgen plans $200 million facility in Singapore
Amgen Inc., one of the world’s largest biotechnology companies, plans to invest $200 million on a new manufacturing facility in Singapore. more
EDC approves Alexion tax cut
The R.I. Economic Development Corporation approved a corporate tax cut Monday night for Alexion Pharmaceuticals under the state’s Jobs Development Act. more
Tech Collective joins National Coalition of State Bioscience Institutes
The Tech Collective and 41 other state bioscience associations have formed the Coalition of State Bioscience Institutes, a nationally coordinated effort aimed to help ensure U.S. leadership in bioscience innovation. more
Covidien’s profits drop slightly in 1Q as sales rise 5%
Medical technology maker Covidien PLC reported first-quarter earnings of $493 million, or $1.03 per diluted share, a slight decrease from the $494 million, or $1.02 per diluted share, reported for the first-quarter of its fiscal 2012. more
| 1/25/13
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