Documente Academic
Documente Profesional
Documente Cultură
43 PAGE 1 OF 10
INSIDE: MEDTRONIC OPENS NEW FACILITY IN SINGAPORE TO MEET ASIA DEMAND ..................... 2
VENITI RAISES $13.5 MILLION IN SERIES A FUNDING .......................................... .3
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 2 OF 10
International report
MDD’s food for med-tech thought
Medtronic opens new facility in “I think there will [continue to] be large transactions.
The bar is now raised for companies to make acquisitions.”
Singapore to meet Asia demand – Richard Cohen, president of The Walden Group, on
A Medical Device Daily Staff Report the increasing likelihood of more blockbuster deals in
Medtronic (Minneapolis) reported the official opening the med-tech sector going forward, “Large firm mantra;
of its new manufacturing facility, Medtronic Singapore growth comes by any M&A possible,” pp. 1, 6.
Operations (MSO). The company said the new facility will
help enhance its manufacturing capabilities to meet the needs of patients and physicians and are leveraging all of
future expected growth of cardiac devices in Asia. our global capabilities to address this growing epidemic,”
The Cardiac Rhythm Disease Management business said Medtronic CEO William Hawkins. “That is why our
at Medtronic accounted for $5.2 billion of the company’s manufacturing investment in Singapore is so important. We
revenue in the 2010 financial year. By the end of 2011, now have greatly increased our ability to ensure Medtronic’s
Medtronic says it will have invested more than $56 million innovative medical technologies will help patients across
to the development of its MSO to meet the rising demand emerging Asian markets.”
in Asia. The Medtronic Singapore Operations is added on
As of November 2011, Singapore will also serve as the to Medtronic’s stable of more than 250 manufacturing
distribution hub for the Asia-Pacific region. The new facility, facilities, sales offices, research centers, education centers
which began operations in January, will enable Medtronic and administration facilities which serve customers and
to respond more effectively and efficiently to the needs patients in 120 countries.
of customers and patients with cardiac rhythm disorders,
improving standards of care in Asia, the company noted. STAAR in distribution with Ellex in Australia
“The completion of Medtronic’s first pacemaker and STAAR Surgical (Monrovia, California) said it has
leads manufacturing facility in Asia marks an important entered into an agreement with Ellex Australia (Adelaide)
milestone in Medtronic’s ever growing presence in for the exclusive distribution of STAAR intraocular lenses
Singapore. Medtronic’s investment is a strong vote of in Australia. Ellex will market STAAR’s Visian ICL line of
confidence for our efforts in developing Singapore into refractive lenses, STAAR’s intraocular lenses for cataract
a leading biomedical sciences hub,” Lim Hng Kiang, patients and related products. STAAR has previously
Singapore’s Minister for Trade & Industry, said at the distributed its products in the region through ConceptVision
opening ceremony. Australia, a subsidiary, which is being closed. During 2010
In his opening address at the ceremony, Jean-Luc Butel, STAAR generated $1.7 million in sales from the region
executive VP and group president of Medtronic International, through a direct team of five employees and generated
mentioned that Medtronic Singapore Operations will have about $200,000 in net income.
hired and trained more than 120 staff by the end of the year “We are very pleased to be partnering with Ellex and
as production increases to meet the growing demand. to have our products join the Ellex portfolio. We expect
“As a leader in the management of cardiovascular and its expertise and reputation to improve our market reach
other non-communicable diseases, we understand well the See International, Page 5
SUBSCRIBER INFORMATION
MEDICAL DEVICE DAILY™ (ISSN# 1541-0617) is published every business day by AHC Media, 3525 Please call (800) 888-3912 to subscribe
Piedmont Road, Building Six, Suite 400, Atlanta, GA 30305, U.S.A. Opinions expressed are not or if you have fax transmission problems.
necessarily those of this publication. Mention of products or services does not constitute endorse- Outside U.S. and Canada, call (404) 262-
ment. MEDICAL DEVICE DAILY™ is a trademark of AHC Media, a Thompson Media Group, LLC com- 5547. Our customer service hours are
8:30 a.m. to 6:00 p.m. EST.
pany. Copyright © 2011 AHC Media. All Rights Reserved. No part of this publication may be
reproduced without the written consent of AHC Media. (GST Registration Number R128870672) EDITORIAL
Holland Johnson, (404) 262-5540
ATLANTA NEWSROOM: Managing Editor: Holland Johnson. Amanda Pedersen, (309) 351-7774
Omar Ford, (404) 262-5546
Washington Editor: Mark McCarty. Mark McCarty, (703) 268-5690
Staff Writers: Omar Ford, Amanda Pedersen. Rob Kimball, (404) 262-5451
Senior Production Editor: Rob Kimball. SVP/GROUP PUBLISHER
BUSINESS OFFICE: Senior Vice President/Group Publisher: Donald R. Johnston. Donald R. Johnston,
(404) 262-5439
Director of Product Management: Jane Cazzorla.
Product Marketing Manager: Sarah Cross. INTERNET
www.medicaldevicedaily.com
Account Representatives: Scott Robinson, Bob Sobel, Chris Wiley.
REPRINTS: For photocopy rights or reprints, please call Stephen Vance
at (404) 262-5511 or e-mail him at stephen.vance@ahcmedia.com.
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 3 OF 10
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 4 OF 10
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 5 OF 10
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 6 OF 10
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 7 OF 10
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 8 OF 10
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 9 OF 10
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MEDICAL DEVICE DAILY™ PAGE 10 OF 10
Advisory
Continued from Page 7
People in the News in the current environment, the impact on companies in
this space will be substantial. “I hope FDA, when they take
• Agendia (Irvine, California) has named David the recommendations, doesn’t require prescriptions for
Macdonald as the company’s chief operating officer, Mark everything, but use a risk-based methodology” to make the
Willig as executive VP of North American sales, and Doug call. Still, firms “are going to be significantly impacted” by
Bradley as VP of global marketing. Macdonald has been with further regulatory requirements, he said.
Agendia for the past eight months in a consulting role. Willig “What I believe is going to happen is a number [of
previously was GM and chief commercial officer at Exiqon. firms currently in the business] will be acquired by more
Bradley was marketing manager at SenoRx. Agendia makes established IVD firms,” partly because these smaller firms
genomic tests for tumor gene expression profiling. don’t have the quality control/regulatory affairs staff and
• Howard Bauchner, MD, will become the next JAMA “have a difficult time creating the processes and the culture
Editor-in-Chief on July 1, according to the American Medical that’s required,” Prutow said. He said that the larger firms
Association (Chicago). Bauchner is currently the editor-in- will have the genomic capability to fully exploit any form
chief of the Archives of Disease in Childhood, the official of DTC marketing to the fullest and have an interest in
publication of the Royal College of Paediatrics and Child molecular diagnostics, “so we’re going to see more and
Health in the UK. Bauchner is a professor of pediatrics and more companies look at how they’re going to grow in the
community health sciences at Boston University Schools of molecular [diagnostic] space,” which he said is the fastest
Medicine and Public Health. growing space in the IVD field.
• Nordion (Ottawa) has named Janet Woodruff of BC Prutow pointed out that investors are very likely to
Hydro and Sean Murphy, formerly of Abbott Laboratories to rethink their commitments to at least some of the smaller
its board. Woodruff is the VP and special advisor of BC Hydro. firms in the field. “I think it’s going to be challenging to
Murphy was VP of licensing and business development for continue to get funding” for firms that are VC-backed, he
Abbott Laboratories for 10 years, prior to his retirement in said. ■
2010. Nordion is a specialty health science company that
provides products used for the prevention, diagnosis and Mark McCarty, 703-268-5690
treatment of disease. mark.mccarty@ahcmedia.com
• PinPointe (Chico, California) said that Adam
Landsman will head up the company’s medical advisory received market clearance from the FDA. The catheter
panel. Adam Landsman, DPM, is an assistant professor of is designed to attain long-term vascular access for
surgery, at Harvard Medical School and is also the director hemodialysis and apheresis. It is indicated for use in adult
of research for the California School of Podiatric Medicine patients. The catheter includes a step-tip catheter’s ease
at Samuel Merritt University. PinPointe makes laser-based of insertion and a split-tip catheter’s sustained high flow.
devices for the treatment of infections. Compared to traditional chronic hemodialysis catheters, the
ports are reversed to match the heart’s natural blood flow
dynamics. The venous port releases blood into the superior
Product Briefs vena cava. The arterial port draws blood from the right
atrium. Side holes on the tip of the catheter are designed
• Covidien (St. Louis) said the FDA has approved to pull blood from all sides of the catheter. The ports are
the use of molybdenum-99 (Mo-99) derived from low- significantly separated to enhance flow and minimize
enriched uranium (LEU) in the production of technetium- recirculation, the company said.
99m (Tc-99m) generators. Tc-99m is a medical isotope, • XDx (Brisbane, California) said Aetna, a provider
used in more than 80% of all nuclear medicine studies, of healthcare insurance, has determined that AlloMap is
supplied to hospitals and nuclear pharmacies by “medically necessary” for monitoring rejection in heart
Covidien’s Mallinckrodt business. Tc-99m is produced transplant recipients more than one year after a heart
when Mo-99 decays following uranium irradiation. Tc- transplant. AlloMap Molecular Expression Testing is a non-
99m is a critical medical isotope used in diagnostic and invasive gene expression test used to aid in the identification
functional studies of organs and anatomical systems. of heart transplant recipients with stable allograft function
The information from these studies is used by many who have a low probability of moderate/severe acute
medical specialists (including radiologists, cardiologists, cellular rejection at the time of testing in conjunction with
nephrologists and oncologists) to better diagnose and a standard clinical assessment. AlloMap testing measures
treat patients. the expression levels of 20 genes from a blood sample. The
• Teleflex (Limerick, Pennsylvania) said its Arrow combined expression of these genes is represented as an
NextStep Antegrade Chronic Hemodialysis Catheter has AlloMap test score.
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
MDD’s Diagnostic Extra
ADDITIONAL DEVELOPMENTS IN ONE OF MED-TECH’S KEY SECTORS
FRIDAY, MARCH 11, 201 1 PAGE 1 OF 2
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 688-2421; outside the U.S. and Canada, call (404) 262-5476.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.
FRIDAY, MARCH 11, 201 1 MDD’S DIAGNOSTIC EXTRA PAGE 2 OF 2
Velcro. The new, second-generation device adds an overlaid microfluidic channel to create a fluid flow path that
increases mixing. In addition to the Velcro-like effect from the nanopillars, the mixing produced by the microfluidic
channel’s architecture causes the CTCs to have greater contact with the nanopillar-covered floor, further enhancing
the device’s efficiency.
Simple blood test can detect likelihood of Down Syndrome . . . Researchers say
that a simple blood test can predict whether a baby is likely to have Down Syndrome. DNA differences between the
mother and the fetus can be shown to accurately predict which fetuses are at risk of developing the syndrome,
Reuters reports. “We believe we can modify this test and make it much easier and simple... (and then) we can have
something ready to be introduced into the clinic,” Philippos Patsalis, medical director of the Cyprus Institute of
Neurology and Genetics explained. Down Syndrome occurs in 1 in 700 live births and is the most common genetic
cause of mental retardation. The risk of having a baby with Down Syndrome occurs when a child has three copies
of chromosome 21 instead of the normal two. The risk increases as women get older. The risk for a 40-year-old
mother is 16 times that for one who is 25. Amniocentesis is the current test that is performed to find if a baby is likely
to be born with Down Syndrome. This test is generally done at about 15 or 16 weeks gestation and involves taking
amniotic fluid from the mother by inserting a hollow needle into the uterus. This test also carries a small risk of
spontaneous miscarriage, generally 1 to 2%, and scientists have been looking for new less invasive ways to test for
Down Syndrome and other genetic issues. Patsalis calls the results “very exciting” but said the test needs to be tri-
aled in a larger study of about 1,000 pregnancies and could lead to changes in clinical practice within the next few
years. Patsalis’ method examines differences in the DNA methylation patterns, which control levels of genes
between mother and fetus. The test involves taking a small amount of blood from the mother when she is between
the 11th and 13th week of her pregnancy to detect extra copies of chromosome 21 in the fetus. In the initial, small trial
of 40 pregnant women, researchers were able to correctly diagnose 14 cases of extra copies of the chromosome, and
26 normal fetuses, highlighting its clinical potential. “Such a non-invasive approach will avoid the risk of miscar-
riages of normal pregnancies caused by current, more invasive procedures,” researchers conclude in their findings,
published in a recent issue of Nature Medicine.
To subscribe, please call MEDICAL DEVICE DAILY™ Customer Service at (800) 688-2421; outside the U.S. and Canada, call (404) 262-5476.
Copyright © 2011 AHC Media. Reproduction is strictly prohibited. Visit our web site at www.medicaldevicedaily.com.