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Gavel and scales

Supreme Court passes on Athena patent case despite Solicitor General’s endorsement

Jan. 14, 2020
By Mark McCarty
The U.S. Supreme Court has declined to hear the case of Athena v. Mayo, which many hoped would ease the patent subject matter eligibility problem. This outcome leaves Congress and the Court of Appeals for the Federal Circuit as the only likely sources of resolution for the problem, but there is skepticism as to whether either of these parties is both willing and able to overcome the impasse.
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J.P. Morgan Healthcare Conference

Medtronic spotlights pipeline, as Ishrak cedes stage a bit to incoming CEO Martha

Jan. 13, 2020
By Stacy Lawrence
SAN FRANCISCO – This was the final presentation for Omar Ishrak at the J.P. Morgan (JPM) Healthcare Conference. He has held the CEO position at Medtronic plc since June 2011. During that period, the Dublin-based company managed to roughly quadruple its valuation to $160 billion from $40 billion – making Ishrak’s tenure clearly a successful one.
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J.P. Morgan Healthcare Conference

Dexcom dips despite upbeat focus on moving into the masses with T2, pregnancy, hospital

Jan. 13, 2020
By Stacy Lawrence
SAN FRANCISCO – Dexcom Inc. is working hard to take its business to the next level. Wall Street has been rewarding it heavily, doubling its market cap to about $21 billion since the end of 2018. But investors pulled back a tad on the company’s presentation at the J.P. Morgan (JPM) Healthcare Conference in San Francisco, sending shares down about 4% despite beating analyst expectations.
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Attorneys say final rules for Stark, AKS drafts unlikely to emerge this year

Jan. 6, 2020
By Mark McCarty
The draft rules for the Stark and Anti-Kickback statutes (AKS) seem to have excluded makers of devices, but Meena Datta of Sidley Austin told BioWorld MedTech that while these agencies have plenty of reasons to rethink that notion, the final rules are unlikely to emerge in 2020 simply because of the complexity of the undertaking. While the final rules may reverse the drafts’ exclusion of makers of devices and diagnostics, device makers were upbeat at the prospect that they could engage in value-based payment arrangements with providers.
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