Archive for February 22nd, 2012

Infuse debacle has Medtronic considering other business options

Filed February 22nd, 2012 Joshua

The fallout from the failures of the Infuse bone growth product continues to affect earnings for its maker, Medtronic.
According to a Reuters report, declining demand for Infuse in spinal fusion surgeries has had a steadily negative effect on the medical device maker’s revenues. In quarterly earnings statements released earlier this week, Medtronic notes that slumping [...]

Infuse Sales Shrink as Negative Publicity Grows

Filed February 22nd, 2012 tmccoy

By: Stephanie Herschaft, Esq.
According to an article in Reuters, on Tuesday February 22, 2012, Medtronic Inc. (MDT.N) reported poor quarterly financial results. These results reflect continued weak demand for Medtronic’s implantable heart defibrillators and spine products, two of its largest moneymakers. Sales in the implantable heart defibrillator unit and the spine products unit each fell [...]

Flawed DePuy Hip Implant Had Early F.D.A. Notice

Filed February 22nd, 2012 tmccoy

By: Michael Werner, Esq.
As reported in The New York Times on February 21, 2012, an August, 2009 internal email authored by a vice president of a Johnson & Johnson subsidiary has surfaced, the substance of which calls into doubt the accuracy of previous Johnson & Johnson statements as to the safety of its all-metal hip. [...]

Nursing Home Care Plan Meetings

Filed February 22nd, 2012 tmccoy

by: Justin Varughese, Esq.
Nursing homes are required by state and federal law to create a care plan for each resident – and to share this plan with family members in a care plan meeting.
Other participants in this meeting include the resident’s doctors, therapists, nurses and dieticians. Healthcare providers will share elements of the care [...]

I Was on My Bike and Someone Hit Me, What Do I Do Now?

Filed February 22nd, 2012 tmccoy

by: Julie Trinidad, Case Manager
You are still entitled to receive compensation and benefits if you’re hit while cycling or you’re in a vehicle. You are going to need help paying your medical bills and other expenses.
Through no-fault insurance, your own insurance company will pay these medical costs. They will provide you with $50,000 in [...]

FDA Sought Retaliation Against Whistleblower

Filed February 22nd, 2012 tmccoy

by: Gary Falkowitz, Esq.
Imagine working for the Food and Drug Administration, learning that a drug may have been approved even though it didn’t meet the safety requirements, reporting it to the appropriate people and being fired for doing so.
Stop imagining.
Reportedly, because former employees of the Food and Drug Administration (FDA) sought to inform Congress of [...]

Girls in another New York community suffering uncontrolled tics, potential link to Buffalo “outbreak” possible

Filed February 22nd, 2012 Joshua

Two teen-age girls in Saratoga County, N.Y., have recently exhibited unexplained physical tics similar to those suffered by a group of more than a dozen young girls near Buffalo are not related, according to state regulators.
According to a report from The (Genesee, Wyoming, and Orleans counties) Daily News, two cases in which high school-age girls [...]

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