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  • Google Buys Fitbit for $2.1B

    By Michael Burns on November 4, 2019 | Leave a response
    Wearable fitness products company Fitbit Inc. announced Friday it entered a definitive agreement to be acquired by Alphabet Inc.-owned Google for $7.35 per share in cash, valuing the company at approximately $2.1 billion. James Park, co-founder and CEO of Fitbit, said of the deal: "Google is an ideal partner to advance our mission. With Google’s resources and global platform, Fitbit will be able ...

  • FDA Issues Guidance on “Abbreviated” and “Special” 510(k) Pathways

    By Tom Cowan on September 18, 2019 | Leave a response
    The U.S. Food and Drug Administration (FDA) has issued two new guidance documents related respectively to an "abbreviated" and a "special" approach to the typical 510(K) process for medical devices. The FDA describes the usual 510(K) process as "a premarket submission made to FDA to demonstrate that the device to be marketed is at least as safe and effective, that is, substantially equivalent, ...

  • PTAB Institutes Inter Partes Review of Medtronic “Jervis” Patent

    By Adam Gilbert on June 26, 2019 | Leave a response
    On June 11, 2019, the U.S. Patent and Trademark Office Patent Trial and Appeal Board (PTAB) instituted inter partes review (IPR) of U.S. Patent No. 6,306,141, assigned to Medtronic Vascular, Inc.  The Decision instituted the IPR based on two obviousness grounds, including that "Petitioner has made an adequate showing at this stage that at least claim 1 would have been obvious over Cragg, Pops, a ...
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