Medical Devices: Page 22


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    Natalie Meepian via Getty Images
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    Medtech venture capital investing rebounded in Q1

    Pitchbook analysts are cautiously optimistic that the funding pickup will continue despite uncertainty about interest rates, heightened regulatory scrutiny and the presidential election.

    By June 3, 2024
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    Retrieved from Steris on June 20, 2023
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    Steris to lay off employees in restructuring

    Steris said it would cut “less than 300 positions” as it consolidates facilities, continuing the trend of medtechs laying off employees to save costs or reorganize businesses.

    By May 31, 2024
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    Sitthiphong via Getty Images
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    Trendline

    Medical 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
  • A child plays EndeavorRx on a tablet. The digital therapeutic intended to improve attention in kids with ADHD.
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    Permission granted by Akili Interactive
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    Digital therapeutics firm Akili to sell for $34M

    Akili, which makes a video game treatment for ADHD, will merge with Virtual Therapeutics to create a larger digital health entity.

    By May 30, 2024
  • Fresenius' corporate headquarters in Bad Homburg, Germany.
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    Courtesy of Fresenius
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    Fresenius Medical Care plans layoffs ahead of California plant closure

    More than 300 people will be affected as the company shifts dialysis manufacturing to a facility in Mexico.

    By May 30, 2024
  • A headshot of Medtronic's Linnea Burman.
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    Permission granted by Medtronic
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    Medtronic elevates Linnea Burman to president of neurovascular unit

    Burman will oversee strategy, product development and financial performance for a unit focused on stroke care.

    By May 29, 2024
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    Patrik Stollarz / Staff via Getty Images
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    Philips reports 7 deaths linked with BiPAP alarm problem

    Philips recalled three BiPAP models because an alarm can incorrectly engage and shut down the ventilator under certain circumstances. 

    By May 29, 2024
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    Permission granted by Otsuka Precision Health
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    Otsuka defies digital health downturn with new company

    With “no playbook out there” to fall back on, the new company is taking a long-term approach as it develops its portfolio, an Otsuka Precision Health exec told MedTech Dive.

    By May 29, 2024
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    Permission granted by Johnson & Johnson
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    Q&A

    J&J’s Nisha Johnson on Ethizia wound-sealing patch, biosurgery market

    With the recent launch of the hemostatic healing patch in Europe, J&J expects to lead the biosurgery and wound closure market. 

    By May 28, 2024
  • Intuitive Surgical's da Vinci 5 robotic system.
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    Courtesy of Intuitive Surgical
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    New products take center stage in medtech’s latest earnings season

    From pulsed field ablation devices to Intuitive's latest da Vinci robot, product launches dominated recent earnings calls.

    By May 28, 2024
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    Ramberg via Getty Images
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    UK regulator proposes recognizing overseas medical device approvals

    Companies with authorization in certain regions, including the EU and U.S., would be able to use their approvals to access Great Britain’s market.

    By May 24, 2024
  • An image of Medtronics PulseSelect pulsed field ablation system
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    Courtesy of Medtronic
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    Medtronic touts demand for PFA, adding to hype for the new ablation tech

    CEO Geoff Martha told investors there has already been “strong adoption” of PFA devices and the category will be a big part of Medtronic's revenue growth in fiscal year 2025.

    By May 23, 2024
  • A person holds a clear, spiral shaped device with metal dots.
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    Retrieved from Hologic on May 23, 2024
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    Hologic recalls more than 53,000 radiographic markers linked to 71 injuries

    The Biozorb devices are staying on the market, but Hologic has asked people to report adverse events such as pain.

    By May 23, 2024
  • Promotional courtesy shot of a Cue Health Covid-19 test
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    Courtesy of Cue Health Press Kit
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    Cue Health to lay off remaining employees, shut down

    Once a COVID-testing darling, Cue will close after raising hundreds of millions of dollars and striking high-profile partnerships with Google and the NBA during the pandemic.

    By May 22, 2024
  • A person smiles while wearing a square device on their hip and a round device on their upper arm.
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    Courtesy of Tandem Diabetes Care
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    Medicare adviser sets recommendations for diabetes device evidence

     A MEDCAC panel found time in range was an “extremely important” metric, but members were divided on whether quality of life measures should influence coverage.

    By May 22, 2024
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    Carl Court via Getty Images
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    EMA updates advice on drug-device combinations under MDR, IVDR

    The European Medicines Agency answered six new questions to clarify topics such as how companies can get advice on borderline products.

    By May 22, 2024
  • A watch that says parky next to a smartphone, with another watch on the right.
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    Courtesy of H2O Therapeutics
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    FDA seeks AI tech to predict, detect Parkinson’s symptoms

    By testing artificial intelligence and machine learning models, the agency hopes to come up with best practices for Parkinson’s measures from wearables and smartphones.

    By May 21, 2024
  • A building in front of a pond with the sign "Medtronic" on a stone wall.
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    Courtesy of Medtronic
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    Medtronic heads into earnings having seen rivals prosper

    J.P. Morgan and RBC analysts are expecting updates on several key markets on Medtronic's Q4 call, including surgical robotics and pulsed field ablation.

    By May 21, 2024
  • Photo of Michael F. Mahoney, CEO of Boston Scientific.
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    Courtesy of Boston Scientific
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    Boston Scientific’s cardiac rhythm system hits pivotal trial goals

    Boston Scientific, which presented the results at the Heart Rhythm Society meeting, expects to receive FDA approval for the system in 2025.

    By May 21, 2024
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    Courtesy of Medtronic
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    Pulsed field ablation poised for fast adoption, analysts say

    Feedback from the Heart Rhythm Society meeting suggests 50% to 70% of physicians could adopt the procedure “right out of the gate,” said Truist analyst Richard Newitter.

    By May 20, 2024
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    Courtesy of Boston Scientific
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    UK backs use of cancer treatment offered by Boston Scientific

    A Boston Scientific executive said the guidance will expand access to a minimally invasive treatment for tumors that have metastasized to the liver.

    By May 20, 2024
  • A photo of Johnson & Johnson's pulsed field ablation system for atrial fibrillation.
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    Courtesy of Johnson & Johnson
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    J&J posts latest Varipulse data while awaiting FDA review

    Johnson & Johnson is chasing Medtronic and Boston Scientific in the U.S. for a share of the rapidly growing pulsed field ablation market.

    By May 20, 2024
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    Getty Images via Getty Images
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    Pulse Biosciences names new CEO, reassigns former leader

    Burke Barrett will take over the role effectively immediately, while former CEO Kevin Danahy will become the chief commercial officer.

    By May 17, 2024
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    Sara Silbiger via Getty Images
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    FDA issues import alerts against 2 more plastic syringe manufacturers

    Officials moved to stop the plastic syringes made by two Chinese manufacturers from entering the U.S. after finding quality system failings.

    By May 17, 2024
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    Permission granted by Becton Dickinson
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    BD wins FDA approval for cervical cancer screening self-collection kit

    Patients can self-collect the samples in locations such as retail pharmacies, which could encourage more people to get tested.

    By May 17, 2024
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    Courtesy of Dexcom
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    Dexcom details plans for over-the-counter CGM as insulin pump firms seek Type 2 coverage

    Diabetes tech companies shared updates on new products, largely focused on Type 2 patients, in Q1 earnings calls.

    By May 16, 2024