The Latest
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NEJM study supports CGM use for people with diabetes who don’t take insulin
The results come as Dexcom is awaiting a decision from the Centers for Medicare and Medicaid Services to expand Medicare coverage of the devices for people with Type 2 diabetes.
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Agilent to buy Proscia for $240M
The digital pathology firm “fits in very well” with Agilent and moves the company into a sector targeted by Roche, analysts said.
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Siemens Healthineers to stop selling general ultrasound systems
In a strategy shift, the company will invest in its procedural ultrasound business, supporting cardiovascular surgeries
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J&J’s medtech business slows again in Q3
For the second straight quarter, the cardiovascular unit experienced slower sales growth due to ongoing struggles in the Abiomed business.
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Orthofix pays former executives $24M in damages
The payments were made after a California arbitrator found private text messages between Orthofix executives couldn’t be considered cause for firing.
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Steris inks $2.1B Xodus buyout to expand consumables portfolio
The takeover adds high-growth, high-margin products to Steris’ portfolio, analysts said.
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Stryker enters soft tissue robotics with $400M investment in CMR Surgical
Stryker, which has been looking to get into the soft tissue robotics market for years, is now positioned to compete with new entrants Johnson & Johnson and Medtronic.
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Ascensia leads $36M funding round for glucose sensor startup
Ascensia also struck an exclusive sales agreement with Sava, which is making a wearable to continuously monitor glucose and other biomarkers.
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Philips updates instructions for ultrasound system linked to 4 deaths
A software issue can delay use of the Lumify diagnostic ultrasound system in environments without access to Wi-Fi or cellular signal.
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Henry Schein appoints Emmanuel Caprais as CFO
The CFO transition is part of a recent wave of leadership changes at Henry Schein, including a new CEO.
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MMI raises $125M to scale up in robotic microsurgery
The Symani surgical robot maker said the financing will help broaden adoption of the system in the U.S. and global markets and support a clinical trial for Alzheimer’s disease.
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Medtech lobby seeks broader device eligibility for CMS’ proposed RAPID pathway
AdvaMed called for more breakthrough devices, including diagnostics, to be eligible for the pathway, and for set timelines for national coverage determinations.
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Healthcare organizations are underprepared for quantum computing threats
Once scientists are able to develop practical quantum computers, the technology could quickly break the encryption methods protecting patient data. Experts say healthcare leaders should start preparing for that reality today.
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Boston Scientific names Joseph Fitzgerald as chief operating officer
Fitzgerald will oversee three newly established reportable segments as Boston Scientific works to bounce back from guidance cuts.
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Medtronic names Felicia Kurz as cardiac ablation VP, GM
Kurz’s appointment comes as Medtronic enjoys strong growth in electrophysiology therapies thanks to demand for its pulsed field ablation devices.
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Apple ordered to pay Masimo $184M in interest on patent damages
A U.S. district court ruled that Apple owes prejudgment interest on the $634 million in damages it incurred for infringing Masimo’s pulse oximetry patent.
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UK backs continuous oversight of AI medical devices
The Medicines and Healthcare Products Regulatory Agency adopted 44 recommendations, including a call for AI-enabled devices to be monitored throughout their working life.
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Stryker CEO Kevin Lobo to resign
Lobo will step down on Dec. 31 as CEO after more than 15 years at Stryker. Chief operating officer Spencer Stiles will lead the company.
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Abbott gets FDA nod for updates to heart failure monitoring system
Patients can view their pulmonary artery pressure readings on their phone with the CardioMEMS updates, giving them a more active role in their care.
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BD strikes supply chain pact with Trump administration
BD plans to increase U.S. production of essential medical consumables in exchange for relief from future tariffs on its products.
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Top medtech conferences in 2027
From AdvaMed’s meeting in San Francisco to a robotics conference in Rome, next year’s calendar is already filled with medtech events to attend.
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Zenflow raises $52M, inks distribution deal with Cook Medical
Cook Medical has become Zenflow’s U.S. distributor in a urology device market targeted by Boston Scientific, Olympus and Teleflex.
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Q&A
After years-long turnaround, Convatec’s new CEO plans R&D push
Jonny Mason, who became CEO of the medtech firm a year ago following the death of Karim Bitar, said Convatec’s pace of launching new devices has accelerated for 2026 and 2027.
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GE HealthCare to acquire Sofie Biosciences for $945M
Sofie Biosciences is expected to expand GE HealthCare’s footprint in the radiopharmaceutical industry, helping manufacture and distribute time-sensitive drugs used in PET imaging.
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ARPA-H awards more than $100M to biosensor development projects
Four organizations will develop devices for tracking heart disease, inflammation and perimenopause.