Sales from acquired Tristar mass market fragrance brands could reach $15 mil. within 12 months, fragrance marketer says. Inter Parfums' wholly-owned subsidiary, Jean Philippe Fragrances, received approval from San Antonio, Texas bankruptcy court to buy certain Tristar trademarks and intellectual property for $3.5 mil. and inventory for $4.7 mil., firm announces May 1. Tristar's fragrance portfolio includes Royal, Royal Crown II, Regal and Club Exclusive. Formal purchase agreement to be signed shortly; deal is expected to close by June 1. Fragrance Impressions, a newly formed company owned by Tristar management, will purchase remaining assets of Tristar. Jean Philippe announced its bid in March following Tristar's Chapter 11 filing (1"The Rose Sheet" March 18, 2002, p. 3)...

Updated data from a postmarket study of Abiomed’s Impella RP right-heart pump further supports the device’s safety for a specific patient population.

The new US-Mexico-Canada (USMCA) trade agreement includes language on enhancing regulatory compatibility between the three countries by recognizing quality systems audits performed under the Medical Device Single Audit Program (MDSAP). It also stipulates that each trading partner “consider its resources and technical capacity” in ensuring the safety, effectiveness and quality of devices – and more. Medtech industry advocacy group AdvaMed is praising the deal, reached by the three countries on 10 December.