It’s been a while since we could get excited about implantable cardioverter defibrillators (ICDs), the watch-sized devices that shock an irregular heart back into rhythm.The device that helped launched the dominance of Minnesota’s medical device industry barely registers a yawn today. ICDs are what we call a “mature” industry, growing around 4 to 6 percent [...]

Michael DeMane is finally a CEO.The former chief operating officer at Medtronic Inc. (NYSE: MDT), once thought to be a top candidate to lead the world’s largest medical device firm, recently joined Lanx Inc. as chairman and CEO.The company, based in Broomfield, Colo., makes devices for spinal surgeries. Investors include Chicago Growth Partners, Goldman Sachs [...]

John Paulson, whose hedge fund is one of Boston Scientific Corp.’s (NYSE:BSX) biggest stakeholders, is embroiled in the Securities & Exchange Commission’s indictment of Goldman Sachs Co., accused of “fraudulent misconduct” in an alleged scheme to mislead the public over the sub-prime mortgage crisis.The SEC filed a civil suit against Goldman Sachs [...]