Medical Devices: Page 87
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Q&A
Medtronic surgical robotics head talks Hugo, taking on Intuitive, COVID-19 challenges
Megan Rosengarten spoke to MedTech Dive about challenging Intuitive Surgical's 20-year lead in soft tissue robotics, growing global robotics usage and the stress of entering a new market amid COVID-19.
By Ricky Zipp • Oct. 20, 2021 -
Abbott COVID-19 sales rebound, but calls market too volatile for 2022 forecast
CEO Robert Ford warned investors that despite a big uptick driven by the delta surge, "we'll have to update on a rolling quarterly basis."
By Greg Slabodkin • Oct. 20, 2021 -
Explore the Trendline➔
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 -
Intuitive says delta variant slows Q3 da Vinci procedure growth
The robot-assisted surgery leader said the latest wave of COVID-19 cases curbed demand for non-emergency surgeries, especially in the U.S. South in states with low vaccination rates.
By Susan Kelly • Oct. 20, 2021 -
In last ditch plea to save MCIT, medtech groups suggest fixes to CMS
AdvaMed and MDMA responded to a call for feedback on the planned repeal of the Medicare Coverage of Innovative Technology pathway by proposing tweaks and new ideas to salvage it.
By Nick Paul Taylor • Oct. 20, 2021 -
Over-the-counter hearing aids proposed by FDA
A Cowen analyst said the policy change would allow consumer electronics manufacturers to get into the lucrative hearing aid market that has been dominated by ReSound, Sonova and William Demant.
By Greg Slabodkin • Oct. 19, 2021 -
J&J delays Ottava robot rollout as global medtech business boosts Q3 sales
The healthcare giant was the first procedure-dependent medtech to announce earnings this quarter, potentially foreshadowing what others in the industry will report in the coming weeks.
By Ricky Zipp • Oct. 19, 2021 -
Philips sees sleep business recovering from recall in H2 2022, analysts doubtful
William Blair analysts warn that limited provider support during the medtech's recall is hurting brand credibility and impacting Philips' ability to regain market share, while positioning ResMed as the beneficiary of "durable" share loss.
By Greg Slabodkin • Updated Oct. 22, 2021 -
Medtronic misses bid for early FDA OK in renal denervation, stock slides
The independent data safety monitoring board found the clinical trial needs to keep enrolling patients and gather results to show if the treatment works.
By Nick Paul Taylor • Oct. 18, 2021 -
Deep Dive
Anatomy of a medical device recall: How defective products can slip through an outdated system
"It truly is like we are operating in about the 1950s," one consultant noted of the process. The FDA has held two meetings in the past year to mull improvements.
By Ricky Zipp • Oct. 18, 2021 -
Medtechs need strategy to prevent bias in AI-machine learning-based devices: FDA
The agency is mulling the types of information medtechs might include in labeling for such devices to support transparency. A Philips rep cautioned about the pitfalls of "information overload."
By Greg Slabodkin • Oct. 15, 2021 -
Biden circling former FDA chief Califf to again lead agency: report
The Washington Post reported the administration was "closing in" on the choice, citing unnamed sources. Still, the White House declined to comment and Califf could face opposition from Senate Democrats.
By Ricky Zipp • Oct. 15, 2021 -
Medtronic pledges R&D boost, brand refresh, amid rising Big Tech rivalry
CEO Geoff Martha said the device giant is still "building out that direct-to-consumer muscle" and acknowledged "healthy competition" with the likes of Apple and Google.
By Greg Slabodkin • Oct. 14, 2021 -
EU proposes to delay IVD Medical Device Regulation, citing COVID-19 backlog
Originally set to go into effect in May 2022, a progressive rollout is now planned. The proposal will now go to the European Parliament and Council for adoption, according to the announcement.
By Kim Dixon • Updated Oct. 14, 2021 -
Boston Scientific, Sterigenics potential targets of EPA ethylene oxide reporting requirements
The agency has written to the operators of 31 medical device sterilization facilities, outlining its plans and requesting information to inform its final decision.
By Nick Paul Taylor • Oct. 14, 2021 -
Retrieved from Abbott/PRNewswire on June 15, 2020
Abbott, Dexcom could benefit from CGM use jump among Type 2 diabetes patients: report
The population could drive the next wave of demand for devices to track and control diabetes, Jefferies analysts predict, based on polling of roughly 50 endocrinologists and general practitioners.
By Susan Kelly • Oct. 13, 2021 -
Withings gets FDA nod for AFib-detecting wearable, taking on Apple
The device, which is capable of detecting atrial fibrillation, combines an analog watch face with health features found in digital smartwatches. The French company joins Apple, Fitbit and Samsung in a crowded market.
By Nick Paul Taylor • Oct. 13, 2021 -
FDA breakthrough nods go to liquid biopsies for Alzheimer's, cancer drug response
The agency gave the designation to Quanterix's blood test, which has the potential to aid evaluation of people who present with cognitive impairment, and Nonagen Bioscience's non-invasive bladder cancer test.
By Nick Paul Taylor • Oct. 12, 2021 -
European Commission adds 2 modules to delayed Eudamed database, with no follow-on timeline
Sections on UDI/device registration, and Certificates and Notified Bodies are now available for voluntary use but some features are missing.
By Nick Paul Taylor • Oct. 12, 2021 -
Medtronic's surgical robot Hugo gains CE mark, setting up Intuitive faceoff
The system will hit the European market after the medtech giant unveiled it in 2019 and delayed the timeline amid the pandemic. Medtronic will take on market leader Intuitive Surgical and an upcoming product from J&J.
By Ricky Zipp • Oct. 11, 2021 -
4 takeaways from a bumper year of M&A medtech activity (so far)
After hunkering down last year, many companies entered 2021 with large cash reserves and acquisition targets that included players lacking scale to weather the downturn.
By Nick Paul Taylor • Oct. 11, 2021 -
FDA beefs up surgical stapler oversight after injuries, death reports
While medtechs like J&J and Medtronic backed the broad change, the final rule held firm on several contentious elements. The agency also updated labeling guidance of both staplers and staples due to patient safety risks.
By Nick Paul Taylor • Oct. 8, 2021 -
Deep Dive
Will a software bill of materials help or hurt medical device cybersecurity?
President Joe Biden's executive order calls for SBOMs, and the FDA wants to require premarket submissions to have an inventory of third-party device components. AdvaMed is concerned the data could be exploited by hackers.
By Greg Slabodkin • Oct. 7, 2021 -
Medtechs opened 2021 with a flurry of M&A and have not stopped spending since
With deals ranging from tuck-ins to multibillion-dollar takeovers, here's a roundup of the M&A spree so far this year after activity came to a near halt amid the unpredictability of 2020.
Oct. 7, 2021 -
Boston Scientific inks $1.75B deal for Baylis, biggest in string of M&A
SVB Leerink analysts wrote the acquisition will add needed support in electrophysiology and structural heart, two of the highest growth markets within cardiology. It's the medtech's fifth acquisition of 2021.
By Ricky Zipp • Oct. 6, 2021 -
EU shares guide to MDR's 22 rules for classifying medical devices
If a manufacturer and notified body dispute a classification, the case may be referred to the competent authority in the country where the company has its registered place of business.
By Nick Paul Taylor • Oct. 6, 2021