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Sterility assurance tech dev Verrix raises $8m in Series B
Sterility assurance device developer Verrix said today that it raised $8 million in a Series B round of financing, lifting the total the company has raised so far to $17.5 million. The San Clemente,...
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Stericycle, investors agree on tentative $45m settlement over fraud charges
Stericycle (NSDQ:SRCL) last month agreed to a tentative settlement with investors who brought a putative class action against it over allegedly fraudulent business practices. The agreement follows a...
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FDA warns of potential medical device shortage following Sterigenics plant...
FDA is warning of a possible shortage of sterilized medical devices — and an accompanying threat to public health — due to the recent shutdown of a Sterigenics plant in Willowbrook, Ill. linked to...
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Another medtech sterilization plant will close in 2019
A second medical device sterilization plant is slated to close this year, prompting the FDA and medtech manufacturers to scramble for replacements. The FDA warned on March 1 about a potential medical...
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Sterilization plant closures: Here’s why you need to care
(Image by Jose Fontano on Unsplash) The recent shutdown of a Sterigenics medical device sterilization plant in Willowbrook, Ill. has affected medtech giants such as Becton Dickinson (NYSE:BDX), Boston...
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Johnson & Johnson closes Auris Health buyout, sterilization biz sale
Johnson & Johnson (NYSE:JNJ) said yesterday that its Ethicon biz completed its $3.4 billion acquisition of robotic surgery dev Auris Health and the $2.8 billion divestiture of its Advanced...
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EO plant shutdown leads to pediatric breathing tube shortage
Smiths Medical Bivona tracheostomy tubes are in short supply, according to the FDA. (Image from Smiths Medical) The February shutdown of an ethylene oxide (EO) sterilization plant has produced the...
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More device shortages pegged to sterilization plant shutdown
Cardinal Health’s Accu-Trace intrauterine pressure catheter (Image from Cardinal Health) More medtech companies are experiencing shortages of medical devices due to the sudden closure in February of a...
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