Medical Devices: Page 106
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Notified bodies report early success with remote audits but challenges remain
While there have been benefits to going remote during the pandemic, 57% of those polled by a European trade group say they take longer than on-site assessments and most encounter problems due to poor network connections.
By Nick Paul Taylor • Nov. 20, 2020 -
Older patients less willing to have elective procedures as COVID-19 surges: survey
Patient sentiment has deteriorated since September, according to findings from Needham, even as medtech companies have taken steps to encourage a return to care.
By Nick Paul Taylor • Nov. 19, 2020 -
Explore the Trendlineâž”
Sitthiphong via Getty ImagesTrendlineMedical device industry continues to turn to AI
While the industry continues to embrace artificial intelligence, there are still questions about how the new technologies need to be regulated and if they are effective.
By MedTech Dive staff -
Hospitals across US cancel elective procedures — again
Although distinct from wholesale shutdowns earlier this year, health systems from Chicago to El Paso are again putting off non-emergency care, which often includes joint replacement surgeries.
By Hailey Mensik • Nov. 18, 2020 -
iRhythm wearable linked to more afib diagnoses, though road to payer uptake called 'grind'
Analysts were broadly encouraged by the new data, while cautioning that unlocking the market for this population will take time. Wall Street took a wait-and-see approach, with the stock closing down 9% on Tuesday.
By Nick Paul Taylor • Updated Nov. 18, 2020 -
Boston Scientific calls it quits on Lotus Edge TAVR program
Shares fell 10% after a voluntary recall led Boston Scientific to end the product line entirely. The surprise move gives Medtronic and Edwards Lifesciences the opportunity to gain back ground in the near term.
By Maria Rachal • Updated Nov. 17, 2020 -
Medtronic trial suggests cryoablation bests drug therapy in atrial fibrillation
Ablation was successful in 75% of patients at 12 months, compared to a 45% success rate in the drug cohort, according to a company-sponsored study in the New England Journal of Medicine.
By Nick Paul Taylor • Nov. 17, 2020 -
FDA draft guidance expands electromagnetic compatibility advice for medtechs
A new document builds on a very brief final guidance from 2016, as the agency looks to gather the right information on how devices function in intended electromagnetic environments.
By Nick Paul Taylor • Nov. 17, 2020 -
BD's Alaris infusion pumps flagged for cybersecurity vulnerability
The Department of Homeland Security alert scored the issue 6.5 out of 10 and said a successful attack that exploited the weakness could force operators to manually program the pumps.
By Nick Paul Taylor • Nov. 13, 2020 -
3 ways Biden's COVID-19 approach could impact medtech
A new administration — regardless of who's in power — means device makers can anticipate shifts at key government agencies like the FDA.
By Maria Rachal , Greg Slabodkin • Nov. 12, 2020 -
Dialysis device maker Outset Medical tops revenue targets in first quarter since IPO
The portable dialysis system company benefited from the pandemic environment, which is driving increased interest in home dialysis and growth in its base business.
By Nick Paul Taylor • Nov. 12, 2020 -
Remote trials, US-Israel device partnership among pitches in FDA, HHS funding bills
The Senate appropriations committee released a series of budget proposals for fiscal 2021. FDA's device center is slated for a 5% funding increase, making it one of the only centers set to receive less than requested.
By Nick Paul Taylor • Nov. 11, 2020 -
UK fleshes out post-Brexit approach to regional medical device marking
The Medicines and Healthcare products Regulatory Agency further clarified conformity marking as medtechs prepare for the transition period to end.
By Nick Paul Taylor • Nov. 11, 2020 -
Top picks for who could run HHS, CMS under Biden
Former Obama adviser and ACA architect Ezekiel Emanuel as well as high-profile state officials like New Mexico Governor Michelle Lujan Grisham are among those considered likely advisers.
By Rebecca Pifer • Nov. 10, 2020 -
What Intuitive is looking for through its new $100M venture fund
Surgical robots have been Intuitive's sweet spot. As the company moves into VC for the first time, its broader focus on minimally invasive care, including interest in digital tools and precision diagnostics, opens more opportunities.
By Maria Rachal • Nov. 9, 2020 -
Zimmer reports record robot installs, ASC-inspired M&A
While the company benefited from a rebound in elective procedures, execs warned investors the recovery slowed as the third quarter drew to a close.
By Nick Paul Taylor • Nov. 6, 2020 -
Insulet, Tandem raise 2020 outlooks as diabetes tech proves resilient to COVID-19 headwinds
Concerns that the pandemic would depress the number of new insulin pump customers have played out less severely than predicted.
By Maria Rachal • Nov. 6, 2020 -
Patients shirked diagnostic testing, in-person preventive care amid telehealth boom this spring
Routine preventive services that can't be done virtually, such as mammograms and colonoscopies, plunged 65% in March and April compared to the year prior, according to an analysis published in JAMA Network Open.
By Hailey Mensik • Nov. 5, 2020 -
Even if Biden wins, divided Congress stifles chance for more progressive health policies
Results of the election are not final and may be uncertain for weeks, but the most likely scenario points to mostly incremental change, a positive for many parts of the healthcare sector.
By Shannon Muchmore • Nov. 5, 2020 -
BD returns to growth on COVID-19 antigen tests, but predicts price erosion
The company said sales related to its rapid testing could hit $1.5 billion next year, with the prospect of demand continuing into 2022. However, management thinks Abbott's $5 test could drive down its pricing.
By Nick Paul Taylor • Nov. 5, 2020 -
Docs paid by ICD makers more likely to favor manufacturer: JAMA study
Yale researchers found patients were more likely to receive certain cardiac devices from the company that made the largest payment to their doctor, though quality of care did not appear to be affected.
By Susan Kelly • Nov. 4, 2020 -
Stryker closes Wright Medical acquisition after year-long wait
The Kalamazoo, Michigan-based medtech highlighted the shoulder, elbow, wrist, hand, foot and ankle devices it's gained, along with preoperative planning technology, now that the deal is final.
By Maria Rachal • Updated Nov. 11, 2020 -
MedPAC pans CMS idea to lean on commercial payers for Medicare coverage decisions
The advisory group warned against threats to transparency and rigor in response to a proposed rule defining the term "reasonable and necessary" and adding a faster coverage pathway for FDA-designated breakthrough devices.
By Susan Kelly • Nov. 3, 2020 -
CMS finalizes rejection of Baxter, Outset dialysis device add-on payments
The broader, now final, ESRD rule is meant to support use of equipment and supplies for at-home dialysis treatment.
By Nick Paul Taylor • Updated Nov. 3, 2020 -
FDA approves Boston Scientific paclitaxel-coated balloon as sector revives after scrutiny
Studies have failed to confirm a late mortality signal that prompted an agency warning and advisory committee meeting in 2019. Boston Scientific now sees the recovery of the devices as a tailwind for its business.
By Nick Paul Taylor • Nov. 3, 2020 -
Stryker, NuVasive, Globus forge on with surgical robots through COVID-19
Despite worries that the pandemic's financial strain on customers may slow adoption of the expensive tools for knee, hip and spine surgery, device makers' Q3 reports reveal momentum.
By Maria Rachal • Oct. 30, 2020