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The U.S. medical device industry, which generated more than $80 billion in sales in 2004 and is expanding at 7% to 9% annually, is driven by a variety of factors, with economic and political/regulatory factors among the most important.
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Irish eyes are smiling on the medical technology sector. Or maybe theyre smiling because of the med-tech sector.
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Boston Scientific (Natick, Massachusetts) said it has acquired TriVascular (Santa Rosa, California), a privately held company that develops less-invasive medical devices and medical procedures for treating abdominal aortic aneurysms (AAA).
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After nearly a decade of development and millions of dollars invested, Arrow International (Reading, Pennsylvania), after nearly a decade of development and millions invested, said in early April that it will discontinue its LionHeart left ventricular assist system (LVAS) program and focus its resources on CoreAide continuous flow, ventricular assist device (VAD).
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AMI Semiconductor (Pocatello, Idaho), a manufacturer of integrated mixed-signal and structured digital products, has formed a technology design and supply partnership with Interventional Rhythm Management (IRM; Research Triangle Park, North Carolina), a specialist cardiology company focused on the management of patients with cardiac arrhythmias and heart failure.
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Boston Scientific (Natick, Massachusetts) and the Cordis unit (Miami Lakes, Florida) of Johnson & Johnson (J&J; New Brunswick, New Jersey) continued their marketing slugfest in the drug-eluting stent (DES) derby during the first quarter, with Boston Scis Taxus DES continuing to maintain its lions share of the sector.
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The physician who first described the persistent vegetative state (PVS) watched in deep dismay at the struggle over the fate of perhaps the most famous PVS patient, Terri Schiavo.
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Some conflicts among families of terminally ill patients or patients in vegetative states cannot be resolved, says an expert in doctor-patient communications, but much can be done before the conflict rises to the level of that in the family of Terri Schiavo.
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Patients who are noncompliant, unpleasant, or troublesome give physicians frequent opportunities to consider terminating their physician-patient relationships.
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