Supply Chain

Stryker is seeking a major tax cut for plans to add parking and 253,000-square-feet to an existing Portage, Mich.-based facility, M Live reports.

Precision Medical Products was acquired by the medical division of the Röchling Group, a Mannheim, Germany-based manufacturer, Central Penn Business Journal reports.

DePuy Synthes' Femoral Recon Nail System to treat femoral shaft fractures was launched in the U.S., pharmabiz.com reports.

OrthoSensor received FDA clearance for its Verasense sensor-assisted technology to be used with Zimmer Biomet's Persona Knee System for total knee replacement.

Industrial growth company Fortive moved to buy Johnson & Johnson subsidiary Ethicon's advanced sterilization products business, Verdict Medical Devices reports.

Stryker issued a safety alert May 22 warning its LFIT V40 femoral heads used for total hip replacement surgery may come apart, Drug Watch reports.

The 2.3 percent excise tax imposed on medical devices in 2013 as part of the Affordable Care Act significantly reduced R&D investment, sales revenue, gross margins and earnings, according to a study published in Research Policy. 

Medical device and technology provider OrthAlign achieved its 2,000th HipAlign case.

Noted investor Carl Icahn has acquired a small position of drugmaker Allergan, Bloomberg reports.

The FDA issued guidance May 29 for reducing the risk of largely preventable surgical fires, which can result in patient burns, disfigurement and death.