Medical Devices
FDA’s $6.4B drug review-fee plan passes Senate
May 24, 2012
Bloomberg NewsThe U.S. Senate voted to let regulators collect on a $6.4 billion fee agreement struck with Indianapolis-based Eli Lilly and
Co., Medtronic Inc. and other companies to fund reviews of new drugs and medical devices through 2017.
MoreBioCrossroads has stoked state's life sciences industry, but challenges remain
February 11, 2012
J.K. WallIn the 10 years BioCrossroads has been promoting life sciences in Indiana, the effort has netted more than 330 new companies,
an infusion of more than $330 million in venture capital, a tripling of exports, and a growing number of mentions in national
reports on life sciences.
MoreFrench breast-implant recall could sway U.S. device debate
January 19, 2012
Bloomberg NewsU.S. medical device makers have spent the last year urging government officials to approve high-risk products faster, like
their European counterparts. A scandal over leaking breast implants made in France, however, may make the argument more difficult.
MoreCity set to cancel tax abatement for medical device firm
January 18, 2012
Polymer Technology Systems said in 2007 that it would make a $3 million investment at its operation on Zionsville Road and
create 110 jobs.
MoreGlucose monitor deal helps Roche catch up
November 7, 2011
J.K. WallRoche Diagnostics will partner with a San Diego firm to incorporate its continuous glucose monitoring sensor with a wireless
handheld device Roche is developing to help diabetics test their blood sugar and track their glucose levels throughout the
day.
MoreOrtho firms pull back on doc payments
October 31, 2011
J.K. WallThe number of payments in excess of $1 million didn’t change substantially from year to year, but orthopedic companies
sharply cut their fees to surgeons who received the smallest amounts.
MoreCook Medical gets FDA panel's backing for stent
October 13, 2011
Bloomberg NewsThe device would be the first drug-coated stent approved in the U.S. to treat peripheral vascular disease in the largest artery
of the upper leg.
MoreFDA: Cook Medical’s stent met efficacy, safety goals
October 11, 2011
Bloomberg NewsPeripheral vascular devices, including stents, angioplasty balloons and synthetic grafts, generated $4.3 billion in global
revenue last year and may earn $5.6 billion in 2014.
MoreIncentives flow to tech firm Positron, despite red ink
September 29, 2011
Chris O'MalleyThe molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
MoreGloomy outlook for medical device makers
September 12, 2011
J.K. WallThe next four years could be rough for makers of medical devices and orthopedic implants, including Bloomington-based Cook
Medical Inc. and Warsaw-based Zimmer Holding Inc. and Biomet Inc.—and not because of the 2010 health reform law.
MoreZimmer playing hardball with plaintiffs' lawyers
August 8, 2011
Bloomberg NewsThe Warsaw-based company has sued seven law firms this year and sent warning letters to at least three more, saying their
ads and Internet postings distorted the safety record of its $1.8 billion-a-year knee business.
MoreOrthopedics company plans $27M Indiana project
August 5, 2011
Associated PressWarsaw-based DePuy Orthopaedics expects to spend $20 million on manufacturing equipment and $7 million on research and development
equipment and have it installed before 2014.
MoreMedical implant maker plans move from northern Indiana
August 4, 2011
Associated PressRochester Medical Implants plans to move operations from Rochester to Noblesville in October. The company has 28 employees.
MorePositron plans $55 million cyclotron project, 80 jobs
June 10, 2011
Andrea Muirragui DavisMedical imaging equipment maker Positron Corp. has agreed to move its operations to Noblesville, where it plans to invest
$55 million to open a high-tech facility that will make isotopes used in cardiac PET scans.
MoreZimmer faces new threat to dominance
May 16, 2011
J.K. WallWarsaw-based Zimmer Holdings Inc. has enjoyed eight years as the giant in the industry of selling knee- and hip-replacement
implants to hospitals. But now it faces a challenge from Johnson & Johnson.
MoreBISHOP: Warsaw's orthopedics whizzes will master biologics
May 14, 2011
Industry cluster in northern Indiana has adapted to every other change in health care, and will absorb tissue regeneration,
too.
MoreMedical device manufacturer seeks abatement
May 5, 2011
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend
$2.5 million to equip it. The expansion should create 15 jobs.
MoreBill Cook, medical device magnate and philanthropist, dies at 80
April 15, 2011
IBJ Staff and Associated PressThe founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of
dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics
department.
MoreChina making big gains in drug R&D jobs state covets
April 9, 2011
Greg AndrewsThe total annual cost for one researcher at Lilly might run $300,000 to $350,000 a year. The figure at Crown Bioscience is
one-third of that, said a company executive.
MoreWishard gives IT firms in health and life sciences a place to test products
April 9, 2011
Chris O'MalleyTechPoint-led initiative is meant to help bring inventions to market by giving them a trial in real-world setting.
MoreZimmer goes on offensive against lawyers
March 30, 2011
J.K. WallThe Warsaw-based maker of orthopedic implants has filed suit to stop a Detroit-area law firm from making allegedly false claims
and using its trademarks on websites designed to attract plaintiffs to sue Zimmer over one of its knee-replacement implants
called NexGen.
MoreProduct delays thwart $40M Roche purchase
March 12, 2011
J.K. WallDelays getting new diabetes meters into the U.S. market appear to have tripped up Roche Diagnostics Corp. on its way to acquiring
a key software vendor.
MoreKing Systems' two top execs exit company
January 28, 2011
Scott OlsonAn executive at the Noblesville firm's parent company said the departures of CEO Don Dumoulin and Chief Financial Officer
Yun Kim were the result of a "mutual agreement." A search is under way for replacements to lead one of the area's largest
medical device manufacturers.
MoreQ&A
December 29, 2010
J.K. WallBruce Frank, a former Roche Diagnostics manager, McKinsey consultant and pro basketball player, talks about
changes in the medical device and life sciences industries.
MoreZimmer looks to China to reignite growth
December 22, 2010
J.K. WallZimmer Holdings Inc. completed an acquisition in China on Tuesday, but recession hangovers in the United States and Europe
are trumping all other factors and keeping the company’s growth bottled up for now.
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we love that we were right in our predictions for the outcome of Tony's boondoggle. We aren't negative, we are positive that the league that never has will continue to blow chunks and stink up the place
I was initially excited to learn that this wasn't rubber-stamped, but if all that is required is to add some shrubs and some "window dressing" over the first floor of the garage, then I'd call it a waste of everyone's time. It should be noted that the Hearing Examiner is a DMD employee who reports to the same administrator as the DMD staff planner who recommended approval of the garage and whose report said that the requirement for ground-floor retail had been "satisfied". Better luck with appealing the inevitable approval at the MDC, where the commissioners are appointed by the Mayor, City Council, and County Commissioners, thus, presumably not all obligated to facilitate the administration's plans.
Wheat Thins, when paired with chocolate ice cream!
About the same.
New airport, new Lucas Oil Stadium, expanded convention center, $30,000,000 Pacer gift, Stupid City Way Project, Broad Ripple Parking Garage $ Giveaway, Money blown on lethal bike lanes. The list is endless..
We have complete morons in City Government with grafter buddies sitting in the wings also stealing parking meter revenue. Go to www.adavceindiana.com and read about Chicago Parking Meter Corruption.
It's all theft of taxpayer resources and complete lack of financial stewardship and devoid of integrity.
I would just like for basic city services please.