MIT touts coating that could prevent implant failure; Abbott laser gets FDA OK for use during corneal surgeries;

@FierceMedDev: Top 10 Medical Device R&D Budgets. Report | Follow @FierceMedDev

> MIT chemical engineers have developed a new coating that could help implants better adhere to the patient's bone, preventing premature failure. Report

> The FDA has cleared Abbott's ($ABT) iFS advanced femtosecond laser to create bow-shaped or curved arcuate incisions in corneal surgery. Abbott release

> Researchers have shown that artificial genetic material called XNA can be replicated in the test tube much like real DNA. Item

> Seventh Sense Biosystems hopes to launch its painless blood draw system for diabetics in late 2013. Story

> Ninety-eight percent of medical equipment and consumables donations to Ghana must be destroyed because they are obsolete and lack visible expiring dates or manufacturer's contacts. Report

Pharma News

 @FiercePharma: Merck KGaA plans to slash jobs in a socially responsible way. Article | Follow @FiercePharma

> EMA approves Novartis' Gilenya. Article

> Novo Nordisk, Public Citizen duke it out over Victoza. News

> China shuts down 10 drug capsulemakers. Story

Biotech News

 @FierceBiotech: Our most popular story today: Top 10 late-stage cancer drugs in 2012. Report | Follow @FierceBiotech

 @JohnCFierce: Merck KGaA still rather breezily talking about cuts again. No doubt continuing fallout from the cladribine fiasco. News | Follow @JohnCFierce

 @RyanMFierce: GAO report says FDA's IT is behind the times. Not news to many of you, though. Article | Follow @RyanMFierce

> Merck KGaA chief swears off major deals amid pipeline woes. Article

> Readers' picks, responses to Fierce's 'Top 10' cancer drugs report. Commentary

> FDA hits brakes on Novartis' hep C program after death. News

> Elan chases a holy grail of Alzheimer's treatment: Prevention. Story

And Finally... University of Michigan researchers have created a 'wiki' of medical devices designed for resource-limited settings. Visitors can search by a number of variables and can comment on a device's usefulness, update information and add tech. News

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