Medical device maker Teleflex Inc. said on Tuesday it would buy privately held NeoTract Inc. to strengthen its portfolio of urology devices in its second billion-dollar deal in the past nine months.

The U.S. FDA issued a warning letter to Abbott citing manufacturing flaws with cardiovascular devices acquired with its purchase of St. Jude Medical.

Hundreds of U.S. hospitals will pay a total of more than $250 million stemming from allegations that they implanted cardiac devices in Medicare patients in violation of coverage requirements, the […]