Innovation, influence and business in America's medical cities.

Stryker Corp. (NYSE:SYK) CEO Stephen MacMillan’s salary held firm at $1.2 million during 2009, as profits at the Kalamazoo, Mich.-based orthopedic device giant slipped by 3.5 percent.MacMillan volunteered to forego the pay raise to compensate for the “challenging business environment” Stryker encountered during the year. Despite the slippage, Stryker still posted [...]

Biospace Medical says received regulatory clearance to use its full-body, low-radiation X-ray workstation for children with spinal problems.The Paris, France-based company, which houses its U.S. headquarters in Cambridge, Mass., won 510(k) clearance from the Food & Drug Administration to use its sterEOS 2D/3D workstation in pediatric care.The device, which consists of a scanner and a [...]

Last year’s federal stimulus seems to be pushing up health IT adoption among small-practice doctors, exactly as backers intended. A recent poll of 1,000 doctors shows that currently just 15 percent use electronic medical records, yet 58 percent say they will within two years.

Following up on last week’s health summit, President Obama has embraced four Republican reform ideas. Like the summit itself, the gesture likely is aimed at convincing the American public that Obama and Congressional Democrats have made an honest effort to work with the GOP on reform.

Former U.S. Senator Warren Rudman and Walt Disney Co. chairman John Pepper say they won’t stand for reelection at 2010 annual meeting of the Natick, Mass.-based medical device giant.

The Expo will feature more than 60 exhibitors covering all aspects of moving biomedical products from idea to market, including laboratory supplies, clinical trial support, contract manufacturing, product design and prototyping, marketing advice, regulatory and legal counsel, and more.

Medtronic’s chief executive has been elected a fellow by the American Institute of Medical and Biological Engineering for outstanding achievement in the field.Bill Hawkins, also Medtronic’s chairman, attended a formal induction ceremony at the Institute’s annual meeting earlier this week in Washington, D.C., according to a statement from [...]

A federal judge denied Johnson & Johnson’s bid to revive its $5.5 billion anti-competition and breach of contract lawsuit against Boston Scientific Corp. and Abbott over its abortive attempt to acquire Guidant Corp. in 2005.

After clearing up concerns about its quality control procedures, Medtronic subsidiary Physio-Control Inc. has been approved by the FDA to resume worldwide shipments of its automated external defibrillators. The move ends three years of headaches for Physio-Control, which voluntarily suspended shipments in January 2007.

ALung Technologies Inc. has raised $3.3 million in equity as part of an intended $10 million offering. The company is developing a respiratory-assistance system it calls the Hemolung, which delivers oxygen directly into the blood using a catheter into the femoral or jugular vein.