Freenome to cut more than 100 employees in restructuring

Intended to preserve resources, the layoffs come weeks after Freenome released study data on its blood test for colorectal cancer that fell short of competitors’ results. 

Exo adds FDA-cleared AI tools to handheld ultrasound system

Exo sees the new capabilities as especially helpful for healthcare providers in rural and under-resourced settings.

Medtech’s top executive moves in 2024

Philips, Illumina, Insulet and Exact Sciences have all gained new CFOs in recent weeks.

EU launches probe of China’s medical device market

China’s procurement market for medical devices has gradually become more closed for European and foreign companies, the European Commission alleges.

Boston Scientific gives first look at Farapulse US rollout

CEO Mike Mahoney would not provide specific sales numbers for the device, but hyped the pulsed field ablation system as the “most transformational product” he’s seen in his time with the company.

Medtronic names Yarmela Pavlovic as chief regulatory officer

Pavlovic, who was a partner at the law firm Manatt, Phelps & Phillips before joining Medtronic, will gain a new title, but her role will stay the same.

FTC votes to ban noncompetes, with far-reaching effects on doctors

The FTC estimates the final rule would lower healthcare costs by $194 billion over the next decade, while freeing up physicians to more easily move between employers.

Intuitive’s da Vinci 5 robot could widen ‘already substantial’ lead: analysts

Truist Securities analysts wrote that Medtronic and Johnson & Johnson could “be relegated to niche players” in surgical robotics.

Boston Scientific, Dexcom and Edwards next as earnings season rolls on

J.P. Morgan analysts expect this week’s results to be “very good” following reports from J&J, Abbott and Intuitive Surgical.

GE Healthcare subsidiary expands radiation therapy partnership with Elekta

MIM Software, which GE Healthcare acquired earlier this month, will work with Elekta to improve treatment planning and workflows.