CONTENTS:

  • Medical Devices
  • Drugs & Biologics
  • Food & Dietary Supplements
  • Tobacco

MEDICAL DEVICES

Exec: Device tax counters principles of economic growth, job creation
The 2.3% medical device excise tax could lead to job cuts in the medtech industry by lowering the demand for devices and driving U.S. firms to move their operations overseas, writes BioOhio President and CEO Tony Dennis, citing an AdvaMed study. The tax, set to begin in 2013, "is counter to principles of economic growth and job creation" and "may stifle the kind of innovation that is essential to patients and the overall health care system," Dennis notes.

Proposal to boost FDA budget could ease talks on device user fees
A bill that would give the FDA a $50 million increase to its 2012 budget, if approved, could reduce the pressure on talks between the agency and the industry over medical device user fees. "It gives the FDA a little bit more breathing room to negotiate with industry. And it takes some of the pressure off industry to agree to user fee levels that are greater than it would care to have to pay," said Mark McCarty, Washington editor at Medical Device Daily.

ITech Medical names new board chairman
ITech Medical's CEO, Warren Baker, has been named chairman of the device company's board of directors.

Canadian regulator clears surgical video technology
Health Canada has granted NDS Surgical Imaging approval for its ZeroWire surgical video system. The wireless device employs an ultra-wideband frequency spectrum to bring high-definition video to the operating room.

Sphere Medical raises nearly $19 million on London Stock Exchange
Sphere Medical has secured almost $19 million on its first day of trading on London's AIM market. The U.K.-based firm manufactures diagnostics and monitoring devices, including the Proxima blood analyzer and a tool used to track a patient's blood continuously during cardiopulmonary bypass procedures.

Study: CardioDx's Corus assay superior to MPI in CAD diagnosis
A study presented at the 2011 American Heart Association meeting in Florida found that CardioDx's Corus test, a blood-based gene-expression assay, showed greater sensitivity and accuracy than myocardial perfusion imaging in identifying a patient's risk of obstructive coronary artery disease. The trial involved 537 stable patients with CAD symptoms.

OrthoCor's knee brace system earns good critique
The Active Knee System, developed by OrthoCor Medical, was one of two devices featured last week on "The Dr. Oz Show." Magnetic field therapy expert Dr. William Pawluk hailed the FDA-cleared device as effective for knee pain therapy because of its use of a combination of heat and electromagnetic waves to fight pain and swelling in the joint.

Medtronic wins FDA approval for chronic pain device
Medtronic has received FDA approval for its AdaptiveStim RestoreSensor system, an implantable device used to treat patients with chronic back and leg pain. The device, which uses motion-sensing technology, works by adjusting stimulation levels automatically according to a patient's body position.

Texas congressman wants to prevent regulation of genetic tests
Rep. Michael Burgess, R-Texas, a physician by practice, has put forth a bill in an attempt to block the FDA from regulating genetic tests. Such regulations could slow U.S. innovation and leadership in the field of genetic research, Burgess said.

Medtech industry veterans join SonoSite's executive team
SonoSite has named Brian Noyes, a former executive at Ethicon Endo-Surgery, as vice president of marketing for its North America and South America operations. The Bothell, Wash.-based ultrasound manufacturer also appointed Richard Salazar, a former executive at Ventana Consulting and Renaudia Medical, as its new VP and general manager for Europe and Africa.

Bain Capital to buy Medtronic unit for $487 million
Bain Capital has agreed to buy Physio-Control, Medtronic's external defibrillator division, for $487 million in cash. The deal is targeted for completion in the first quarter of next year, and Physio-Control President Brian Webster will take over as CEO of the business.

Synaptic Capital to invest in medtech firms, other health sectors
Synaptic Capital is hoping to raise $250,000 or more for its Synaptic Medical Fund, which aims to invest in medical device companies, drugmakers and hospital systems.

St. Jude will move R&D facility to new location in Sunnyvale, Calif.
St. Jude Medical will transfer its research-and-development operations to a newly purchased facility in Sunnyvale, Calif. The device company has allotted $5.7 million to renovate the new R&D office.

JPL Medical to distribute Misonix's BoneScalpel in Thailand
Bangkok-based JPL Medical has agreed to exclusively distribute Misonix's BoneScalpel ultrasonic bone cutter in Thailand for three years. The device, which offers a substitute to rotary bone cutters, allows precision cutting through bones and hard tissue while keeping soft tissue intact.

Swiss diagnostics firm raises $100 million in funding round
Biocartis has secured $100 million in a round of series C financing from Johnson & Johnson and other investors. The Swiss company will use the money to support the development of its flagship Apollo device, targeted for release in 2013, which can be used to perform complex molecular assays on various samples and analyze disease parameters in a single test.

AtriCure ends patient enrollment for hybrid ablation trial
AtriCure has concluded patient enrollment in a feasibility study intended to assess whether combining the company's minimally invasive devices with catheter systems is effective and safe for treating patients with atrial fibrillation. While this procedure, known as hybrid ablation, is normally done in a single session, the company decided that a staged approach, in which each part of the combined procedure was scheduled separately, may be more appropriate to a larger number of reviewers as it prepares for a pivotal study.

Tandem gets FDA nod for touch-screen insulin pump
Tandem Diabetes Care has received clearance from the FDA for its t:slim Insulin Delivery System, the smallest such device to have reached the U.S. market. The touch-screen device features an environmentally friendly rechargeable battery and USB connectivity to online disease management software.

Three questions for Michael Mussallem, CEO of Edwards Lifesciences
MassDevice talks with Edwards Lifesciences CEO Michael Mussallem about why the medical device industry works for him and what he thinks was his biggest mistake in his career.

FDA sets date to discuss enhanced regulation of brain stimulators
The FDA's Neurological Devices Panel of the Medical Devices Advisory Committee is scheduled Feb. 10 to discuss whether cranial electrotherapy stimulators should be subjected to pre-market approval evaluation. The brain-stimulation devices, which are used to treat anxiety, pain, depression and insomnia, are currently subjected to the 510(k) clearance process.

C.R. Bard, Endologix end patent dispute over stent graft
C.R. Bard has resolved a patent dispute with Endologix over a form of plastic used to manufacture stent grafts. Both companies agreed that Endologix be dismissed as a defendant in the case and were ordered by the court to pay their own legal expenses.

Senators endorse bill that would expedite device approval process
Sen. John Kerry, D-Mass., has joined Sens. Al Franken, D-Minn., Kay Hagan, D-N.C., and Lamar Alexander, R-Tenn., in sponsoring a bill that would speed up the device approval process by making it easier for the FDA to seek advice from experts. "This legislation strengthens the approval process while cutting the red tape that keeps these critical devices from the hospitals, doctors and nurses who can use them to save lives," Kerry said.

FDA clears X-Spine's spinal device
Miamisburg, Ohio-based X-Spine Systems has secured clearance from the FDA for its Calix PC spinal implant device. The device, which employs plasma coating technology, offered better resistance to expulsion than noncoated implants during laboratory tests.

PositiveID's wireless glucose-tracking tool wins 510(k) clearance
The FDA has granted PositiveID clearance for its "iglucose" system for managing diabetes. The technology can send glucometer readings to an online portal, where individuals with diabetes can monitor their glucose levels and provide access to clinicians and family members.

STAAR Surgical gets CE Mark for astigmatism device
European regulators have given STAAR Surgical the go-ahead to market its nanoFLEX Toric Collamer Single Piece IOL for treating astigmatism in cataract patients.

Samsung expands footprint in medtech market with Nexus buy
Nexus, a U.S. firm owned by ITC Nexus Holding whose concentration is on point-of-care in vitro diagnostics for cardiovascular diseases, has been acquired by Korean electronics firm Samsung for undisclosed terms. The deal is Samsung's second investment in the medtech sector and plays up its interest in the areas of in vitro and in vivo diagnostics.

Report: Medicare spending on imaging is on a downward trend
A review of Medicare data conducted by the Medical Imaging and Technology Alliance found that imaging spending in Medicare has decreased 13.2% since 2006, when imaging reimbursement fee cuts started to be implemented as part of the Deficit Reduction Act. Imaging use for each beneficiary decreased by an average of 3% in 2010, according to the study. "This analysis confirms the downward trend in both imaging spending and utilization in Medicare that has occurred in recent years," said David Fisher, executive director of MITA. "The assumption that life-saving diagnostic imaging and radiation therapy are increasing health care costs is simply not true."

LifeVest defibrillator helps fuel revenue growth for Zoll Medical
Zoll Medical generated $151.9 million in revenue during its fourth quarter, up 26% from the same period last year. The growth was driven in part by increased sales of the LifeVest defibrillator, a wearable device used in helping restore a patient's normal heart rhythm after a sudden cardiac arrest.

Accuray to reduce workforce as part of cost-cutting measures
Accuray, which manufactures devices for cancer therapy, has eliminated 29 jobs and will cut 22 more during fiscal 2012. The move is part of the company's cost-reduction efforts in light of its roughly $277 million takeover of TomoTherapy this year.

German dialysis firm picks new leaders for North American unit
Fresenius Medical Care has appointed Simon Castellanos as executive vice president, Franklin Maddux as chief medical officer and Jeffrey Hymes as senior vice president and associate chief medical officer for its North American headquarters. Castellanos was also named president of Frensenius Medical Services, the company's dialysis services subsidiary. The Germany-based firm provides dialysis products and services.

CMS to roll out 3 demo programs next year
The CMS is set to launch next year the Recovery Audit Contractor program, which is meant to assess whether providers complied with Medicare rules before they receive compensation. Two other demonstration programs, also slated to begin in 2012, will require providers in seven states to obtain prior authorization for power mobility tools and related medical devices and allow Medicare Part A and Part B rebilling among 380 volunteer hospitals.

Shuren tackles challenges tied to medical device regulation
Increased employee turnover and flawed applications have triggered a delay in the approval process for medical devices, said Dr. Jeffrey Shuren, director of the FDA's device center. Concerns have been raised that the FDA's taxing approval process is forcing device companies to move their products and operations overseas, but the U.S. regulatory framework is still stronger than its European counterpart, Shuren said before a Senate committee hearing on fostering innovation and ensuring patient safety.

Becker names former FDA official as director
Becker & Associates Consulting has appointed Tim Ulatowski as director of medical devices for the company's expert advisory panel. Ulatowski most recently served as director of the FDA's Office of Compliance for medical devices.

Virtual colonoscopy drives up compliance with colon cancer tests
Patients participating in a study published in The Lancet were 55% more likely to agree to undergo colorectal cancer screening using virtual colonoscopy or CT colonography compared with those asked to undergo conventional colonoscopies. The study's authors noted that traditional colonoscopy "identified significantly more advanced neoplasia per 100 participants than did CT colonography." However, increased participation in the virtual screening made the two methods virtually even in overall effectiveness.

Positive analyst outlook boosts shares of Smith & Nephew
A positive outlook from analysts helped spur an increase in shares for Smith & Nephew. The analysts at BNP Paribas were bullish about the device company's growth goals over the long term, which are supported by its $150 million savings program and a projected revenue increase from sales of its orthopedic products in emerging markets.

ThermalTherapeutic secures $800K for hyperthermic perfusion device
Pittsburgh-based ThermalTherapeutic Systems has obtained $800,000 in a Series B financing round targeted at $2 million. The company will use the funding to commercialize VeraTherm, a portable device already cleared by the FDA for use in pumping fluid into a patient's chest cavity or abdomen.

Boston Scientific strikes deal to market catheter device in Europe
Boston Scientific has signed an exclusive agreement with Catheter Robotics to supply the latter's CRI Amigo remote catheter device in Austria and eight other European countries. The device, which lets doctors control catheter-based systems remotely during arrhythmia therapies, works well with several of Boston's catheters, according to a news release.

Volcano reports positive trial results for coronary lesion detector
A 131-patient study presented at the Transcatheter Cardiovascular Therapeutics symposium in San Diego found that Volcano's instant wave-Free Ratio detector showed an overall accuracy rate of 88% in diagnosing coronary lesions. The device is subject to investigational device exemption in the U.S. as a drug-free alternative to existing methods for evaluating constricted blood vessels.

SpectraShield scores 2011 Product of the Year award in N.H.
Foss Manufacturing Company has received the 2011 Product of the Year award in New Hampshire for its SpectraShield surgical respirator mask, which uses the FossShield antimicrobial technology to trap pathogens that cause hospital-acquired infections. The device can be used safely for about 14 days compared with the three to four days permitted for existing masks.

Toshiba's vascular X-ray devices deployed at Wash. hospital
Bremerton, Wash.-based Harrison Medical Center is using three of Toshiba America Medical Systems' Infinix-i vascular X-ray devices to enable radial access for virtually all patients. One of the devices is called Infinix DP-i dual plane system, which allows surgeons to perform both vascular and cardiac operations in one room.

Industry voices concerns about India's drug-pricing rule
An Indian draft policy to regulate prices for 60% of drug formulations could result in a product shortage and harm the interests of manufacturers and consumers, said Dilip Shanghvi, Sun Pharmaceutical Industries' chairman and managing director. Major industry bodies argued that the rule is shortsighted and does not address long-term availability of medicines.

Amgen obtains EU approval for Vectibix-chemo regimen
EU regulators approved the use of Amgen's Vectibix plus chemotherapy to treat colorectal cancer in patients with a nonmutated, or wild-type, KRAS gene. Vectibix was originally approved as a stand-alone agent for patients with metastatic cancer who failed to benefit from chemotherapy.

Maquet wins regulatory approvals for Cardiosave heart pump
U.S. and European regulators have given Maquet Cardiovascular the go-ahead to market its Cardiosave intra-aortic balloon pump for treating patients with left ventricular failure and other heart conditions. The device is targeted for commercial release in the U.S. in January.

Senator seeks expedited review of devices for rare diseases
During a visit to Medtronic's headquarters, Sen. Al Franken, D-Minn., said he will propose a bill that could accelerate the approval of medical devices used to treat rare conditions. Speaking to some 800 Medtronic employees, Franken said his bill would allow external experts to serve more easily on FDA panels assigned to make recommendations on rare disease devices.

FDA asks for public input on device reclassification system
The FDA will accept comments through Jan. 13 on whether its system for reclassifying medical devices is effective and necessary as well as on how the process can be improved. The agency also is seeking ideas on how automated data gathering techniques can be used to streamline the process for submitting requests for device reclassification.

Canada OKs Allergan's Botox to prevent chronic migraine
Allergan secured Canadian approval to promote anti-wrinkle injection Botox as preventive therapy for adults who experience chronic migraine at least 15 days per month. An updated Botox label warns that neurotoxin used in the product might spread to other body parts.

N.C. Medicaid office allows payment reimbursement for Zoll's LifeVest
Zoll Medical obtained clearance from the North Carolina Division of Medical Assistance that allows Medicaid patients who cannot use implantable devices but are at risk of sudden cardiac death to reimburse payments for the company's LifeVest wearable cardiac defibrillator. The news drove Zoll's shares up by 8% on Nov. 11.

Baxter wraps up Baxa acquisition
Baxter has finalized its takeover of Baxa, a developer of pharmacy tools and technology used to boost the preparation and delivery of intravenous drugs. The $380 million buyout will allow Baxter to expand its nutrition IV device offering.

3 medtech firms land supply deals with hospital GPOs
Bard Electrophysiology Products, a C.R. Bard division, and Boston Scientific have entered agreements to supply hospital group purchasing organization Premier with electrophysiology devices. Misonix also signed a contract to provide its BoneScalpel bone cutter and SonaStar surgical aspirator to Cure Surgicals, a hospital GPO based in India.

Mass. biotech center offers up to $750K in fall loans
The Massachusetts Life Sciences Center has opened applications for the fall round of its Accelerator Loan Program, and early-stage biotech companies are invited to apply via the center's website through Dec. 30. Loan awards of as much as $750,000 each will be announced in April.

Monitoring device flags cryogen leaks in MRI machines
Genesis Magnet Services has introduced a compact monitor that connects to an MRI and sends automatic alerts when it detects cryogen leaks and other unusual readings from the machine. The device, called ColdTRAC 2.0, is meant to identify and address problems before cryogen is completely lost, according to the Huntley, Ill.-based firm.

Landauer acquires IZI Medical for about $93 million
IZI Medical Products, a portfolio company of Riverside Partners, has been acquired by Landauer for about $93 million in cash. IZI Medical specializes in consumable accessories designed for use in image-guided surgical procedures, radiology and radiation therapy.

Glooko launches app, cable for diabetes patients
Glooko has introduced its logbook app to enable diabetes patients to monitor their blood glucose levels daily, and the MeterSync cable to allow patients to download information from blood glucose meters to their iPhones and have the results transmitted to their health care providers.

GE files first module of 3D breast scanner's PMA application
GE Healthcare has submitted to the FDA the first module supporting its premarket approval application for a new add-on that will allow the company's Senographe Essential technology to offer breast tomosynthesis. The add-on device is designed to generate 3D images for breast cancer scanning and diagnosis.

PSI Medical secures funds for HAI-targeting catheter system
Ben Franklin Technology Partners of Pennsylvania has made investments in two companies, including PSI Medical Catheter Care, through its Erie Innovation Fund. PSI Medical is developing a catheter device that can protect the bloodstream against bacteria contamination to prevent hospital-acquired infections.

St. Jude's Portico heart valve shows positive trial results
Patients who received St. Jude Medical's Portico device, a transcatheter heart valve made of bovine pericardial tissue for the treatment of severe aortic stenosis, reported no adverse events or death, according to a 10-patient study conducted in Northern Ireland. The results were presented at the Transcatheter Cardiovascular Therapeutics conference in San Francisco.

Patient tracking, diagnostic tools win app challenge
A mobile application that helps doctors look up a patient's clinical data automatically during their rounds and a system that evaluates a medical student's diagnostic ability have been named the winners of the first app challenge sponsored by the American Medical Association.

Draft rules on investigational device exemption trials unveiled
The FDA has unveiled two draft guidance documents for products seeking investigational device exemption. The first details new feasibility research approaches to guide a product's final design better and enable studies to start sooner, while the second describes the process for approving clinical trials. The agency also launched an amended standard operating procedure for obtaining new data from devices undergoing premarket evaluation.

FDA announces recall of surgical device over patient fall risk
Reports of patient falls prompted the FDA to issue a Class I Recall notice for Mizuho OSI's Modular Table Systems, which situates patients during spinal surgery, orthopedic trauma and thoracic procedures.

Device allows for incompatible organ transplants
Swedish firm Glycorex has developed a device called Glycosorb ABO, which employs a kidney dialysis-like process to make blood ready for a transplant of an organ from a donor with a different blood type from the patient. The device can be used for liver, kidney, lungs, stem cells, skin and heart transplants. An Indian doctor said initial transplants using the device were successful and that about 10 patients are now awaiting a similar procedure.

ABIOMED's Impella device boosts survival rate in shock patient trial
A study presented at the 2011 Transcatheter Cardiovascular Therapeutics conference found that shock patients who received ABIOMED's Impella 2.5 before percutaneous coronary intervention reported a higher rate of survival compared with those who received the device after PCI. The trial involved 119 patients from 32 clinical sites in the U.S.

Zimmer Holdings acquires ExtraOrtho
ExtraOrtho, an orthopedic device startup based in Memphis, Tenn., has been acquired by Zimmer Holdings for undisclosed terms. The deal includes ExtraOrtho's XtraFix external fixation device.

BioNano elects Integrated Diagnostics CEO to board
Dr. Albert Luderer, former president and CEO at BioTrove, has joined the board of directors at BioNano Genomics, maker of the nano Analyzer technology platform. Luderer currently serves as director and CEO at Integrated Diagnostics.

Israeli imaging device firm appoints new CEO
Maiki Yoeli, former president and CEO of Cimatron, has been named CEO of Real Imaging. The Lod, Israel-based company is the maker of Ruth, a 3D imaging system used for early breast cancer detection.

DRUGS & BIOLOGICS

Hamburg rescinds FDA approval of Avastin for breast cancer
FDA Commissioner Margaret Hamburg revoked Avastin's approval for metastatic breast cancer, saying clinical trials showed the treatment does not significantly benefit patients but exposes them to serious risks. "Sometimes, despite the hopes of investigators, patients, industry and even the FDA itself, the results of rigorous testing can be disappointing," Hamburg said. Despite the revocation, maker Genentech will pursue a late-stage trial of Avastin plus chemotherapy agent paclitaxel and test a biomarker to identify patients most likely to benefit from Avastin, a spokeswoman said.

FDA authorizes Regeneron's Eylea to treat wet AMD
Regeneron Pharmaceuticals' Eylea was approved by the FDA for wet age-related macular degeneration. The injectable treatment, also called VEGF Trap-Eye or afilbercept, costs about $16,000 annually, Regeneron said. Studies found comparable efficacy between Eylea and standard therapy Lucentis, made by Genentech.

EUSA's leukemia treatment Erwinaze is approved by FDA
The FDA approved EUSA Pharma's Erwinaze to treat acute lymphoblastic leukemia in patients who are allergic to pegaspargase and asparaginase, chemotherapy agents derived from E. coli. Erwinaze is given as a thrice-weekly injection into the muscle.

FDA plans to decide on 2 Takeda diabetes drugs by April 25
The FDA rescheduled a deadline for an approval decision on Takeda Pharmaceutical's alogliptin, a drug candidate for type 2 diabetes, as well as a fixed-dose combination of Actos and alogliptin. The agency, which was supposed to decide by Jan. 25, needs three more months to review Takeda's resubmissions.

AstraZeneca gains EU panel recommendation for vandetanib
A European Medicines Agency committee issued a positive opinion on AstraZeneca's vandetanib as a treatment for advanced medullary thyroid cancer. Vandetanib is also undergoing regulatory review in Switzerland and Canada. The FDA approved the drug as Caprelsa.

Doctors are warned about Boehringer's stroke-prevention pill
After 256 cases of fatal bleeding, the European Medicines Agency urged doctors to exercise caution when using Boehringer Ingelheim's stroke-prevention drug Pradaxa. The agency said the pill demonstrates unchanged efficacy but needs to be administered in lower doses in patients older than 75 to adequately manage bleeding risk.

EU vows to accelerate development, approval of anti-superbug drugs
The European Commission announced a comprehensive plan to combat multidrug-resistant bacteria. Officials will take advantage of the private-public Innovative Medicines Initiative to promote "unprecedented open sharing of knowledge" among drugmakers during the pre-competitive stage of research and development. The commission also promised more flexible legislation for faster approval of novel antibiotics and to collaborate with governments for "adequate market and pricing conditions."

Adcock appeals market withdrawal of painkiller dextropropoxyphene
Adcock Ingram is challenging a decision by South Africa's Medicines Control Council to halt sales of dextropropoxyphene, a painkiller withdrawn in the U.S. and EU. Adcock said its dextropropoxyphene-based products differ from those made by Western drugmakers. The FDA sought market withdrawal of dextropropoxyphene last year, concluding that it "can cause serious toxicity to the heart."

Pfizer gains EU OK of neurodegenerative-disease drug Vyndaqel
EU regulators approved Vyndaqel, Pfizer's drug for a rare neurodegenerative disorder called transthyretin familial amyloid polyneuropathy. The drugmaker said it will launch the treatment early next year. In April, the FDA deemed Pfizer's Vyndaqel application incomplete.

China escalates crackdown on fake medicines
In a second major crackdown this month, Chinese authorities confiscated $315 million in counterfeit drugs, arrested 1,770 people and raided more than 1,400 dens. Most of the products reportedly were sold on the Internet or to illegal clinics and pharmacies.

FDA advisers support broader use of Pfizer's vaccine Prevnar 13
Prevnar 13, a vaccine by Pfizer, safely and effectively protects people age 50 and older against pneumococcal disease, said an FDA advisory committee. Agency staff previously issued positive feedback on the expanded use. The FDA is scheduled Jan. 2 to hand down an approval decision.

France will stop paying for Sanofi's heart drug Multaq
The French health system will no longer cover Multaq, Sanofi's treatment for nonpermanent atrial fibrillation, beginning Dec. 1. In September, EU officials recommended limited prescription of Multaq. The FDA is monitoring the drug for cardiovascular and liver risks.

Senate plan would expedite FDA approval for some drugs
A Senate proposal would allow drug manufacturers to bypass some clinical-trial requirements and get faster FDA approval of medications for conditions that do not have approved treatments. The plan, by Sen. Kay Hagan, D-N.C., and the Biotechnology Industry Organization, is based on the FDA's accelerated-approval program and would let the agency approve drugs based on Phase II trial results.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.