Jan 2003 - IMDA.org
Transcription
Jan 2003 - IMDA.org
JANUARY 2003 GPO strives to open its doors N OVATION wants manufacturers to know that it’s taking new — make that “better” — technology seriously. The Irving, TX-based purchasing group has taken a number of steps to make sure that it creates opportunities for manufacturers of new technologies, including posting a “Technology Forum” on its website and appointing a senior director of safety, technology assessment and QA/RA. Though she’s proud of Novation’s record in assessing new technologies, Cathy Denning, R.N., M.S.N., the newly appointed senior director, says the program is steadily improving. Much of that improvement is based on Novation’s new “operating principles,” formulated in August 2002, in which the GPO pledged to “ensure that member hospitals have timely access to new and innovative technologies.” Among the GPO’s pledges were the following: ate Subcommittee hearings about the group purchasing industry, and a rash of New York Times articles critical of GPOs. A registered nurse, Denning began working for Novation three years ago as IV systems product manager. For thirteen years prior to that, she worked in the home infusion and high-tech home care industries, including a program for pediatric ventilator patients. She is an oncology nurse by training. In addition to making sure that Novation gives innovative technologies a shot, Denning also is charged with ensuring that Novation considers the safety aspects (to health care workers and patients) of products under consideration, and the quality of those products and the companies who make them. ANNUAL MANAGEMENT CONFERENCE Four days into the future C AN YOU SPARE four days in May Novation has incorporated language about innovative technology into its standard invitation-to-bid, says Den- to take a good look at your future? IMDA Conference Chairman Stan Tangalakis has already lined up four high-powered speakers for the Annual Management Conference to help you do just that. And planning continues! “The future for specialty sales and marketing organizations looks brighter and more promising than ever,” says Tangalakis, who is CEO of Mercury Medical, Clearwater, FL. “But we have to expand the scope of our corporations in order to embrace that future. We have to anticipate the technologies that we will be selling and the health care system in which we will be operating. We have selected our speakers carefully to serve as practical guides to that future.” The conference will be held from May 28 through May 31, at the luxurious Stein Eriksen Lodge outside Salt Lake City. As see “GPO,” page 3 see “Conference,” page 2 Opening up the bid process 䡲 Novation’s review of innovative technology will include increased involvement of hospital members and, where appropriate, outside experts. The Stein Eriksen Lodge 䡲 Novation will increase communication about innovative technology to all relevant audiences. 䡲 Novation will re-bid product agreements or add vendors to agreements in the event that a new technology enters the market offering incremental patient care or incremental safety benefits, based on review and recommendation by member councils. 䡲 Future contracts for clinical preference products that demonstrate incremental patient care and/or incremental safety benefits will be dual/multi-source awards, subject to member review and approval. The operating principles were published in the wake of last spring’s Sen- IMDA Update 1 January 2003 in years past, the conference will include a Manufacturers Forum, in which manufacturers seeking representation will exhibit their devices. It will also mark the first meeting in which manufacturers can attend as allied members. Time has been allotted on Friday and Saturday afternoons for attendees and their families to play golf or enjoy the spectacular surroundings. The Stein Eriksen Lodge is the winner of the Conde Naste #1 and #2 Best Mainland Resort, the AAA Four Diamond Award and Mobile Four-Star Award. It is located amidst aspens and pines, surrounded by the Wasatch Mountains, 8,200 feet above sea level. Given the affordable rate being extended to IMDA members, many will no doubt stay the weekend and beyond. The scenery will be grand. So will the speakers, promises Tangalakis. They will address topics specially selected to help guide IMDA members to success in the 21st century. Dr. Peter Salgo. A medical correspondent for CBS and CNBC, as well as a practicing physician and recognized futurist, Salgo will help IMDA members figure out who’s going to be calling the shots in healthcare in the years ahead. In just the last two years, Salgo has published articles on drug pricing schedules in the United States as compared to other Western nations; chronic fatigue syndrome; the current progress of fetal surgery; and the effect of AIDS on its victims. He has appeared on CBS Television Network, the CBS Radio Network and the CNBC Television Network. Most recently, he wrote, produced and anchored four broadcasts per week for CNBC’s America’s Vital Signs. For the past 10 years, as a correspondent with WCBS-TV News, Salgo has written, produced, edited, directed and commented on medical news and education issues, including AIDS and the homeless, infertility, radiation treatment, heart assist techniques and the future of modern medicine. Salgo practices anesthesiology and internal medicine at Presbyterian Hospital in New York City, and teaches anesthesiology and internal medicine at Columbia University. Dr. Jeffrey Bauer. A health futurist and medical economist, Bauer has become one of the country’s foremost experts on how automation is changing IMDA Update The Stein Eriksen Lodge ... is located amidst aspens and pines ... 8,200 feet above sea level. health care. He will show IMDA members how it will affect their businesses and those of their future customers. Bauer is senior vice president of Superior Consultant Company, Southfield, MI, a provider of digital business transformation services to the healthcare industry. He has written 60 articles, nine books and a number of videos on health care delivery. His latest book is Telemedicine and the Reinvention of Health Care: The Seventh Revolution in Medicine (McGraw-Hill, 1999). His two previous books are Not What the Doctor Ordered: How to End the Medical Monopoly in Pursuit of Managed Care and Statistical Analysis for Health Care Decision-Makers: Understanding and Evaluating Critical Information in a Competitive Market. Bauer received his Ph.D. in economics from the University of Colorado-Boulder, and was a teacher and administrator at the University of Colorado Health Sciences Center in Denver. He served as health policy adviser to Colorado Governor Richard Lamm from 1980 to 1984. He is a senior fellow at the Center for the New West in Denver, where he participates in studies of advances in medical science and technology and their impact on the delivery of health services. John “Dr. Revenue” Haskell. Since 1974, Dr. Revenue has delivered a unique brand of “in the trenches” consulting services to a wide variety of clients. He has written over 400 marketing and sales plans for mid-size and smaller companies. His clients consistently see exceptional sales and profit growth as a result of his prescriptions. IMDA members will too. His message is loud and clear: The most important action you can take to help your business grow and prosper is to develop a written marketing and sales plan. In his workshop at the Annual Conference, Dr. Revenue will show IMDA 2 members how to do just that. A columnist for the Los Angeles Business Journal and other industry publications, Haskell has served in senior marketing positions with Abbey Rents Furniture Division, Sara Lee Corp., Gamble Rents Division, and Haskell of Pittsburgh. William Prows. Prows will show IMDA members the difference between a successful IDN and a dysfunctional one. He’s an expert on the topic, given the fact that he is vice president of shared and affiliated services at Intermountain Health Care, Salt Lake City. Intermountain was recently ranked the No. 1 IDN in America by Modern Healthcare magazine. Prows is responsible for the management and direction of Shared Services, a division of IHC Hospitals Inc., which includes laboratory services, pharmacy services, radiology, materials management and other support service areas. Additionally, he is responsible for the marketing, management and strategic development of IHC Affiliated Services Inc. (a for-profit subsidiary of not-for-profit IHC), which supports IHC’s affiliated members of AmeriNet, of which IHC is a founding member. Prows will show IMDA members how Intermountain has successfully managed to keep its prices to its customers 27 percent below the market; how it has earned the support of its 2,500 physicians for its programs; and how it decides which new medical technologies to buy. And there’s more... In addition to these speakers, Tangalakis has enlisted executives from key manufacturers, including Datascope and Masimo, to dialogue with IMDA members on how to tune up relations between manufacturers of innovative technologies and specialty sales and marketing organizations. IMDA members will receive a full Conference brochure and registration form around Valentine’s Day. In the meantime, reserve May 28-31 for the year’s premier event for specialty sales and marketing companies. 䡺 January 2003 GPO ...continued from page 1 ning. If a manufacturer wants Novation to consider its technology new and innovative, it must submit FDA and patent information. Novation will sign non-disclosure agreements, if the manufacturer wishes. “When we receive information about a particular product, we will research the literature and access third-party assessment groups if necessary,” she says. Ultimately, the information will be brought to one of Novation’s approximately 35 member councils and task forces, who decide whether or not the technology is indeed innovative and better than the existing standard, and if so, whether it should be brought on contract. “It could be innovative but not better, and it could be new but not innovative,” she says. “So we have to triage and sort through that.” Novation can call upon its member market research department for more information, says Denning. The department surveys the general membership or segments of it to obtain further information about particular products being considered for contract, or about particular features of products. Technology Forum on the Web Visitors to the Novation Website (www.novationco.com) will find a new section called Technology Forum. Open to the public and all suppliers (both off and on contract), the section allows suppliers to publicize their new technologies. The Technology Forum links to each supplier’s site, for visitors interested in additional information. An on-line form is provided where the GPO’s members can share their comments on the technology, and/or request that Novation consider bidding or adding the technology to its portfolio of agreements, with a link to the Novation bid calendar. Other featured links include those to the FDA and the Advanced Technology Program of the U.S. Department of Commerce. “We believe this will offer us an opportunity to look at companies that may offer technologies we may never have been aware of,” says Denning. Education process A major part of Novation’s emphasis on innovative technology is education. “I educate smaller companies, innovative companies, and others about how to participate in our bidding process and how to work through our technology IMDA Update assessment group,” says Denning. “We’re hopeful that the Technology Forum will provide a consistent avenue for us to obtain information from anybody out there who would like to submit a bid.” She also says that Novation is educating third-party technology assessment companies about just what the GPO is looking for. “A lot of these firms look at technology assessment as space planning, cost per procedure, cost/benefit,” she says. “But our needs are a little different than that. Our technology assessment process looks at whether one product offers benefits over another from a patient-care or safety perspective, and whether it’s new, innovative and better than what we’ve had.” Such companies have to be educated as to what Novation is seeking, she adds. Boils down to contracts Novation is seeking both consistency and flexibility when it comes to innovative technologies, says Denning. “Consistency” in the sense of instituting a standard protocol for assessing all new, innovative technologies, and “flexibility” in the sense of accommodating technologies that emerge to contend with those of existing Novation contract vendors. Hence the GPO’s pledge in its operating principles to re-bid product agreements or add vendors to existing agreements in the event that a new and better technology emerges. As part of the bid extension or re-bid process, Novation’s contracting staff routinely checks on the existence of new technologies, and then decides whether an existing agreement should be renewed or re-bid, or if other products need to be added to the existing agreement, says Denning. Clinical preference products Because innovative technologies tend to be clinician-sensitive, Novation has taken an especially hard look at how it contracts for clinical-preference products. In short, the GPO will strive to sign dual- or multi-source awards for such technologies whenever possible, except where it’s not in the members’ best interest to do so. The GPO’s recent contract for needles and syringes demonstrates its new approach. While standard needles and syringes may be commodities, safety products remain clinically sensitive, concluded the member council and task force that orchestrated the agreement. For that reason, they gave the contract for standard products to Kendall and BD, but opened up the agreement for safety products to those two suppliers as well as Abbott Labs and Portex Inc. In addition, Novation signed a contract in November with St. Jude Medical for its atrial fibrillation suppression technology, a unique offering missing from Novation’s pacemaker vendor contracts. “By identifying what are clinicalpreference items at the front end, we are able to provide the evidence necessary for our councils and task forces to think critically down the road,” says Denning. 䡺 Promotions at CVC Richard Manley, president and CEO of Arlington, TX-based CVC Inc., (cvcinc.com) announced the promotions of two of the company’s executives. Bruce N. Cheatham, Jr. has assumed the responsibilities of chief operating officer and will be accountable for overall operations of the company in the tenstate region that it serves. His responsibilities will also include supervision of operations in the Arlington, TX, corporate headquarters and distribution facility. Since May 2000, Cheatham had been chief financial officer of CVC. As CFO, he directed a plan that increased corporate profit and reduced debt, positioning CVC to achieve the growth it has experienced over the last 18 months. Meanwhile, Jack Burgess has been promoted to the position of executive vice president, with responsibility for the company’s primary and secondary sales forces. Burgess envisioned and implemented CVC’s new sales and marketing team, which now consists of eight primary sales representatives servicing acute healthcare facilities in 10 states. This group is supported by a secondary sales force expected to exceed 20 by year-end. Burgess has been with CVC for over 10 years in a variety of sales, marketing and management positions. CVC’s primary sales reps are the account managers and primary contact for CVC, while the secondary sales force allows CVC to provide new technology and procedures to smaller facilities, alternative care providers and to remote locations that previously were poorly serviced by specialty companies, such as CVC. 3 January 2003 N · E · W M · E · M · B · E · R ERRY HINCHLIFFE may be new to IMDA, but not to specialty sales and marketing. Hinchliffe and his wife, Joan, own Advanced Medical Systems Inc., Littleton, CO, a distributor of neonatal, labor and delivery, respiratory and fall prevention equipment to hospitals; and patient lifts and tubs, security systems and bed alarms to long-term-care facilities. Hinchliffe began his medical career selling for Becton Dickinson on the East Coast. Eventually he became a product manager in the Vacutainer and needles/syringes division. After 10 years with BD, he was approached by a Colorado-based company, Hemotec, a manufacturer of disposables and equipment used in open heart surgery. They were looking for an East Coast regional manager. Hinchliffe took the job. Three years later, the company brought him to Colorado as national sales manager and director of sales and marketing. One thing was certain: He had found something he liked — Colorado. “We loved it here,” he says. While at Hemotec, Hinchliffe had worked with independent dealers and reps, and liked what he saw. “So I decided to give it a try.” He left the company and became an independent rep, calling primarily on OB/GYNs in their offices in a four-state area. Then he moved into the hospital market, selling birthing beds. “That was our transition into the hospital,” he says. Hinchliffe’s young company made another transition — from repping to distribution. “We had products for which we had exclusive distribution. So if we did the work, we got the rewards.” Selling disposables forced Hinchliffe to improve his shipping and billing practices, That’s when Joan came into the business. Today, she’s responsible for much of the inside work, T Joan and Terry Hinchliffe such as payroll, accounts receivable, accounts payable and customer service. Their son, Craig, has held a sales territory in Colorado for four years, and sells L&D, nursery and neonatal products. Advanced Medical Systems has seven reps altogether, covering the states of Utah, Montana, New Mexico, Idaho, Wyoming, Nevada, Arizona, California and Colorado. “We consider ourselves a niche company,” says Hinchliffe. “We’re always looking for opportunities in the areas where we have strength.” He’s also looking forward to being a member of IMDA and “learning how other companies became successful, and how we as a group can work together on trends that seem to be working away from small distributors.” Hinchliffe can be reached at (303) 797-6123 or via e-mail at [email protected]. 䡺 IMDA ANNOUNCEMENT What Business Are You In? Are you in the sales and marketing business, or the employee business? Chances are, you started your company because you loved selling and marketing innovative medical technologies. Yet, as your business has grown, you find yourself spending less time on sales and marketing, and more time taking care of people issues: Who’s entitled to what benefits? Is my employee manual up to date? What’s the policy on maternity leave? How do I fire somebody without getting sued? How do I ensure my next hire is the right one? And on and on. Administaff is a professional employer organization that can provide you with an outsourced human resources de- partment. As an Administaff client, you still direct your people to grow your business. What you don’t have to do, however, is administer benefits and safety, and tend to all the other HR tasks that you never thought about before, don’t know how to do, and don’t particularly want to do. IMDA and Administaff have signed a “Center of Influence” agreement, which entitles IMDA to a finder’s fee for every member who signs up. At least two IMDA members — Vital/Med Systems and Grandview Medical Resources — have already done so. To find out more about Administaff, visit the company’s Website at www.administaff.com, or call IMDA headquarters at (800) 398-5632. GET BACK TO BUSINESS. YOUR BUSINESS. IMDA Update 4 January 2003 IMDA ANNOUNCEMENT LETTER TO THE EDITOR Last month, IMDA UPDATE published a list of “Questions for prospective principals,” that is, questions that specialty distributors and reps should ask manufacturers whose products they are considering selling. The following letter was written by Debbie Kielman of IMDA’s insurance administrator (Schifman, Remley and Associates) in response to the article. Make a clear case for your value. Forgot to ask one question: You know that manufacturers of in- Another important question/request of a potential supplier: Every distributor should request that their company name be shown as an additional insured under the supplier’s product liability policy, and request a Certificate of Insurance evidencing current coverage. Being added to a supplier’s policy is not possible in every situation, but it should be requested as part of your due diligence. At the very minimum, current Certificates of product liability insurance from the supplier should be maintained in the distributor’s file. This is to the distributor’s benefit. Just as your hospitals and clients ask to be provided with proof of your insurance, you should get same from your manufacturers. Debbie Kielman Schifman, Remley and Associates IMDA Insurance Administrator novative devices save money by outsourcing sales and marketing rather than bringing on an expensive direct sales force. But perhaps you haven’t been able to prove it. Relax, you don’t have to anymore. Your manufacturers can do it themselves, with a tool developed for you by IMDA. This four-page brochure, titled “It’s decision time,” is a worksheet that manufacturers can fill out to actually compare the cost of going direct vs. that of outsourcing sales and marketing. The worksheet prompts them to compare the specialty distributor’s or rep’s margin vs. the costs of sales reps, sales managers, administrative assistants, trade shows, customer service reps, returned goods and all the other costs of going direct. This booklet should be an essential part of your marketing package. It is available free to IMDA members. Order copies today by calling IMDA headquarters at (800) 398-5632 or via e-mail at [email protected]. Stuffed supply chain PPARENTLY, inventory stuffing doesn’t occur only in the med/ surg business. Drug maker Bristol-Myers Squibb is in hot water for alleged “channel stuffing,” that is, convincing wholesalers to buy more drugs than needed to meet patient demand. According to The Wall Street Journal, such efforts in 2001 cut sharply into 2002 sales, as wholesalers had too much product on hand. The company announced in July 2002 that the Securities and Exchange Commission had begun investigating its A practices. The Justice Department followed suit in October. More than dozen former employees of Bristol-Myers have said that company CEO and Chairman Peter Dolan knew about efforts to bolster sales with wholesaler incentives. Dolan himself has refused to say what he knew about the wholesalers’ inventory situation, according to the newspaper report. In October, Bristol-Myers said it would restate its sales and earnings going back at least as far as 2000, as a result of the wholesaler practices. 䡺 REPRESENTATION NEEDED Champion Manufacturing LLC 5406 Gwynne Road Memphis, TN 38120 Contact ............................... Doug Keeslar Phone ................................... (574) 295-6893 Fax ....................................... (574) 293-5760 E-mail .... [email protected] Product: Medical treatment recliners, sleeper chairs, loveseat sleeper, stools, task chairs, and other seating products. Do the math! Marketed to: Hospitals, clinics, longterm-care facilities, doctors’ offices. Territory: Several. IMDA Update 5 January 2003 GPO hosts Tech Forum M EDASSETS HSCA, the St. Louis- based purchasing group, opened its arms to developers of new technologies by hosting a Technology Forum in conjunction with the Medical Device Manufacturers Association, Washington, DC. Eleven MDMA members, including Masimo and Retractable Technologies— two of the most outspoken critics of GPOs — met to show their products to dozens of materials managers that sit on MedAssets HSCA’s advisory committee and whose organizations are MedAssets HSCA members. Also on hand were various clinicians, including OR nurses, laboratory managers and clinical resource managers. “Our members evaluated some interesting products,” said Gene Banner, senior vice president of contracting, MedAssets. “The event allowed great one-on-one interaction with the smaller manufacturers that we likely would not have received otherwise.” Banner says he looks forward to hosting the event again in the future. GPOs faced a barrage of criticism in 2002 following a rash of unfavorable articles in The New York Times and public hearings in front of the Senate Judiciary Subcommittee on Antitrust, Competition, and Business and Consumer Rights. In June 2002, MDMA called for GPOs to adhere to a strict code of conduct, which would prohibit them from (among other things): 䡲 Asking for or accepting any type of financial value or remuneration of any form (such as administration fees, marketing fees, advertising fees, research grants, etc.) from vendors. 䡲 Creating incentives for hospital purchasers to select certain products over others through bundling or tying together unrelated products, or directing or encouraging the use of particular distributors of products. 䡲 Entering into private-label arrangements with manufacturers. 䡲 Entering into sole-source contracts with manufacturers. 䡲 Discouraging or penalizing participating hospitals for evaluating or using FDA REPORTS DEVICE: DISTAL RADIUS FRACTURE REPAIR SYSTEM HAND INNOVATIONS INC. 510 STONEMONT DRIVE WESTON, FL 33326 510(k) NO: K023007 DEVICE: ALPHA MIRAGE TOP TIGHTENING SPINAL SYSTEM ALPHATEC MANUFACTURING, INC. 6110 CORTE DEL CEDRO CARLSBAD, CA 92009 510(k) NO: K023299 DEVICE: AUTOMED 3300 AND 3400 INFUSION PUMP SYSTEM HELP TECHNOLOGIES 24312 ARMADA DRIVE DANA POINT, CA 92629 510(k) NO: K023491 DEVICE: TRELLIS RESERVE INFUSION SYSTEM BACCHUS VASCULAR, INC. 3110 CORONADO DRIVE SANTA CLARA, CA 95054 510(k) NO: K023514 DEVICE: JOWIRE NEO’S PTCA CATHETER GUIDEWIRES JOMED, INC. 15330 AVENUE OF SCIENCE SUITE 200 SAN DIEGO, CA 92128 510(k) NO: K022762 DEVICE: EBI TARGETCATH FLUORO-GUIDED STEERABLE CATHETER SYSTEM EBI, L.P. 100 INTERPACE PKWY. PARSIPPANY, NJ 07054 510(k) NO: K023233 IMDA Update DEVICE: KSEA DEPLOYABLE CARDIOVASCULAR CLAMP KARL STORZ ENDOSCOPY-AMERICA 600 CORPORATE POINTE CULVER CITY, CA 90230-7600 510(k) NO: K014277 DEVICE: OLYMPUS PSD-20 ELECTROSURGICAL SYSTEM AND ACCESSORIES OLYMPUS OPTICAL CO. LTD. TWO CORPORATE CENTER DRIVE MELVILLE, NY 11747-3157 510(k) NO: K023280 6 great one-on-one interaction with the smaller manufacturers that we likely would not have received otherwise.” medical products or technologies that are not on contract. 䡲 Entering into contracts with manufacturers that exceed two years in duration. 䡲 Incorporating terms into their contracts that require a supplier to use an e-commerce vendor (independent or affiliated with the GPO) for the purpose of selling product, or else face penalties. 䡺 The following list of devices receiving 510(k) marketing clearance in the month of December 2002 was gathered from the FDA Website at www.fda.gov/cdrh/510k/sumdec02.html. DEVICE: MONSOON CRITICAL CARE JET VENTILATOR AND ACCESSORIES ACUTRONIC MEDICAL SYSTEMS AG PO BOX 85820 TUCSON, AZ 85754-5820 510(k) No. K012691 DEVICE: REINFORCED ABSORBABLE SYNTHETIC SURGICAL MESH CENTER FOR BIOMATERIALS AND ADVANC 11800 BALTIMORE AVE.NUE SUITE 105 BELTSVILLE, MD 20705 510(k) NO: K023328 “The event allowed DEVICE: NON-BIOABSORBABLE STAPLE ONUX MEDICAL INC. 5 MERRILL DRIVE HAMPTON, NH 03842 510(k) NO: K023372 DEVICE: PEDIATRIC ARTERIAL CANNULA POLYSTAN A/S WALGERHOLM 8 VAERLOSE, DENMARK DK-3500 510(k) NO: K023251 DEVICE: FEMOSTOP FEMORAL COMPRESSION SYSTEM RADI MEDICAL SYSTEMS AB PALMBLADSGATAN 10 UPPSALA, SWEDEN S-754 50 510(k) NO: K024107 DEVICE: SPECTRUM CERVICAL SPINAL SYSTEM SPINAL INNOVATIONS LLC. 7850 STAGE HILLS BLVD. SUITE 105 BARTLETT, TN 38133-4029 510(k) NO: K022997 DEVICE: ADAPT BALLOON OPEN ACCESS PORT, MODEL 41244 TAUT INC. 2571 KANEVILLE COURT GENEVA, IL 60134 510(k) NO: K023261 January 2003 EP MedSystems (West Berlin, NJ) submitted its ViewMate™ intracardiac ultrasound catheter system product dossier to the European Notified Body for regulatory approval. Approval is sought to affix the CE mark onto the product, allowing sale of the system to the European Community. The intracardiac ultrasound catheter system consists of an ultrasound imaging console with an image monitor, and a thin, disposable catheter fitted with a 64-element phased-array transducer on its tip. The system is said to allow cardiologists and electrophysiologists to optimally view the interior anatomy of the heart. EP MedSystems also announced that it received market clearance notification from the U.S. Food and Drug Administration for its ALERT® System, a catheter system used for treating atrial fibrillation (an irregular rhythm of the heart). ALERT delivers programmable, low-energy, bi-phasic electrical impulses directly to the inside of a patient’s heart to convert atrial fibrillation to a normal rhythm. The electrical impulses are delivered via the ALERT® catheter, which is used in tandem with an energy source called ALERT® Companion. (www.epmedsystems.com) Hatch Medical LLC (Snellville, GA), a medical device incubator and technology brokerage firm, entered into an agreement with HB Technology LLC to broker, with an option to manufacture, the company’s patented core-tissue biopsy instrument. HB Technology’s device is said to incorporate proprietary design elements and proven core-tissue biopsy technology to produce a minimally invasive device that yields histological tissue samples. For additional information on this or other Hatch Medical products and services, e-mail the company at [email protected]. Lumenis Inc. (Santa Clara, CA) said that its Novus Varia multicolor photocoagulation laser system received mar- IMDA Update keting approval from the FDA for the treatment of a range of retinal diseases. The system is said to be the world’s first solid-state, multi-wavelength ophthalmic laser to operate on any standard electrical outlet. (www.lumenis.com) Merit Medical Systems (South Jordan, UT) received FDA clearance to market its new safety needle, the Majestik™ Shielded Needle. The potential market for the needle is approximately 10 million angiography procedures each year worldwide, according to the company. Angiography needles are used specifically for vascular access, usually to a patient’s femoral artery during a diagnostic or therapeutic procedure. The hollow needle provides an opening through which other devices such as guide wires can be placed. Merit Medical’s shielded needle design involves a one-piece molded part that folds down over the needle tip following removal. (www.merit.com) Norwood Abbey said that it developed a needle-less injection device in conjunction with the Massachusetts Institute of Technology. The company says the new device is an improvement on existing needle-less technologies as it uses a new propulsion system, allowing it to deliver doses without the associated sound common in other devices. The drug is delivered through the skin using a small hand-held device. The system uses a patented contractile fibreactivated pump, which fires the drug at the skin with sufficient velocity to penetrate without the use of needles. The drug vial is designed as a single-use disposable, which is inserted into the portable applicator device. Existing needleless injection devices typically use either compressed gas or, via a fast chemical reaction, produce a gas to force a fixed quantity of drug out through a small orifice at a velocity that is high enough to penetrate skin. (www.norwoodabbey.com) Medtronic Inc. (Santa Rosa, CA) said that its Bridge Extra Support Balloon Expandable Stent system has received approval from the FDA for the treatment 7 of renal artery stenosis, which is a blockage in the vessels of the kidneys. Physicians can use the stent to help prop open renal vessels that remain blocked by a sub-optimal balloon angioplasty procedure. The system for renal artery stenosis also recently received licensure from the Therapeutics Products Directorate in Canada, and is now available for treating this indication in the U.S., European and Canadian markets. Meanwhile, Medtronic also announced that the FDA cleared for marketing its Medtronic Magellan™ Autologous Platelet Separator. The system is said to process surgical patients’ own blood in a manner that can help patients in a variety of ways, including elimination of uncomfortable, inconvenient drains and reducing the risk of infection. The separator uses density differences and gentle centrifugal forces to separate platelet-rich plasma containing important growth factors from a blood sample, and deposits these components into a separate sterile syringe. (www.medtronic.com) Smith & Nephew Inc., Endoscopy Division (Andover, MA) introduced an enhanced version of its Dyonics™ Access 15 Arthroscopic Irrigation System, a fluid distension system for use in articular cavities for diagnostic and operative arthroscopic procedures. It contains a software package providing Advanced Flow Regulation for optimal flow performance and pressure maintenance. Smith & Nephew’s Endoscopy Division also introduced its Decompression Catheter, a heat-based procedure for lower back and leg pain associated with bulging or contained herniated discs. Prescribed for symptomatic patients who have failed conservative treatments such as physical therapy, medication and rest, the decompression procedure uses thermal technology to modify nuclear tissue and relieve the pressure the herniation was creating on the spinal nerve root. The procedure is performed on an outpatient basis under local anesthesia, taking approximately 40 minutes, according to the manufacturer. (www.endoscopy1.com) January 2003 update President ........................ Dave Campbell President-Elect ..........Bob Wahlenmaier Treasurer............................Ed Boracchia Secretary ........................ Tim McInerney Director-at-Large .......... Stan Tangalakis Immediate Past-President........... Richard Manley PUBLISHED BY IMDA 5800 Foxridge Drive, Suite 115 Mission, KS 66202-2333 Phone ............................ 913/262-2114 Toll-Free ....................... 800/398-5632 Fax ................................ 913/262-0174 Website .................... www.imda.org E-mail ...................... [email protected] Legal Counsel: Mitchell Kramer, 800/451-7466 Insurance Administrator: Mike Fate Schifman, Remley & Associates 800/304-9852 Frank Bistrom, CAE Executive Director Betchie Bistrom, CAE Membership Services Director The ideas presented in this newsletter may or may not be applicable to your particular situation. Always consult your tax advisor, attorney or CPA before putting them into effect. Mark Thill Editor & Communications Director 847/255-0716 IMDA Update 2002-2003 Directors of the Association: 8 January 2003