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Boston Scientific rolls out updated SCS chronic pain implant in Europe

The use of spinal cord stimulation (SCS) to treat chronic pain is a growing area in the device world, and Boston Scientific ($BSX) is moving to claim a larger piece of the action in Europe. Its latest move: a new CE mark for its updated Precision Spectra SCS system to address a broad class of patients with chronic pain.

Medtronic pays dividend early to beat possible tax changes

With the looming fiscal cliff, it's anyone's guess how taxes on dividends may change come 2013, so Medtronic is serving up a Christmas gift to its shareholders, issuing January's dividend ahead of schedule.

FDA wants PMA, not 510(k), for Abiomed's Impella

An FDA panel voted to keep temporary ventricular support devices such as Abiomed's Impella under the Class III device designation, which, under a new set of rules, means they will need to file full PMAs even if they're already cleared.

Wright Therapy raises $3M Series B for home-use pneumatic compression devices

Devicemaker Wright Therapy Products attracted a $3 million Series B financing round in a venture deal that reflects the current industry investment focus on stability, approved products and cost-effective care.

First U.S. patient tests DBS device for Alzheimer's

Functional Neuromodulation's deep-brain stimulation device has been implanted into its first U.S. Alzheimer's patient--the first surgery of its kind here.

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FiercePharma Manufacturing

What started out three months ago as a single-lot recall of pain meds that Endo Health Solutions ($ENDP) said might exceed their size limits has turned into a recall of 101 lots, some of them shipped two months after the initial yellow flag was waved.

FiercePharma

In September, the generics subsidiary of Endo Health Solutions voluntarily recalled one lot of two pain drugs that it called "super potent" because both exceeded their prescribed weights. Now Endo has added 100 more lots to that removal.