Covidien (COV), a global provider of healthcare products, announced it has obtained 510(k) clearance from the U.S. Food and Drug Administration for the iDrive Ultra powered stapling system. The iDrive Ultra system is the second offering in Covidien's line of powered stapling devices and the first that is compatible with the company's entire portfolio of Endo GIA reloads with Tri-Staple technology for use in laparoscopic and open surgical procedures.
The company said the new stapling system is the only fully powered, reusable, battery-operated endoscopic surgical stapler in the world. The system will be available In the U.S. beginning in the fourth quarter of 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.