The Pennsylvania-based company Synthes produced a bone cement called Norian XR, which has been linked to the deaths of five patients who received it for spine surgery. Four high-ranking Synthes executives ended up doing jail time for their role in illegally marketing Norian, despite allegedly being aware of the health risks it presented.
Ironically, pharmaceutical giant Johnson & Johnson acquired Synthes specifically as a means of dealing with damage to J&J’s own reputation in the wake of what Fortune magazine describes ...
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Investment Website Seeking Alpha says that healthcare products giant Johnson & Johnson is poised to announce its third-quarter earnings report. The company is hoping to break a streak of revenue declines over the last two quarters, as well as net income declines over the past four quarters.
European Union officials are considering more stringent regulations for medical devices. But according to a report on MedPage Today, some European health advocates complain that the proposed regulations wouldn’t go far enough.
According to a story posted on Fox News, the U.S. Food and Drug Administration has issued a warning letter to medical device maker Zimmer Holdings Inc., mentioning concerns about the manufacture of certain hip implants.
Researchers in the U.K. have recommended that women not receive all-metal hip replacements because of the procedure’s early failure rate, Bloomberg reports.
