The Latest

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    Mark Wilson via Getty Images
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    Federal officials step down from health AI group’s board

    HHS officials Micky Tripathi and Troy Tazbaz resigned from their roles as non-voting members of the Coalition for Health AI, an industry group working to create standards for artificial intelligence in healthcare.

  • A picture of a woman talking to a nurse on an MRI tomography machine at a hospital.
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    FG Trade Latin via Getty Images
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    Philips recall of imaging coils tied to 12 injuries

    Several models of coils used in MRI scanners were recalled due to the risk of overheating, which can cause serious burns.

  • Masimo's Stork baby monitoring boot, smartphone app and camera are displayed.
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    Courtesy of Masimo
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    Masimo offered up to $950M for consumer business

    Final terms of the deal are still being discussed, and Masimo said it plans to negotiate a higher price.

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    Sarah Silbiger via Getty Images
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    Pulse drops 510(k) plan for PFA device after FDA requests clinical data

    Analysts said the AFib device is now unlikely to come to market before late 2026.

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    saengsuriya13 via Getty Images
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    Baxter considers sale of kidney care unit to PE firm: WSJ

    Carlyle Group could reportedly pay more than $4 billion for Baxter’s Vantive business.

  • Quest Diagnostics building
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    Courtesy of Quest Diagnostics
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    Quest to buy Lifelabs for $985M

    Buying the Canadian laboratory company opens a new front in Quest’s rivalry with Labcorp and marks its third takeover in as many months.

    M&A
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    BD to close Ireland facility, putting 170 jobs at risk

    A company spokesperson said the decision follows a recent review and reflects a push to improve operational efficiency.

  • A picture of Masimo's headquarters building.
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    Mario Tama / Staff via Getty Images
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    Masimo employees rally around CEO Kiani as proxy fight looms

    Hundreds of healthcare engineers have joined managers to support founder and CEO Joe Kiani as he battles an activist shareholder for control of the company.

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    kieferpix via Getty Images
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    Medtech layoffs continue in 2024

    Dexcom, Agilent Technologies and Cue Health are among the companies added to MedTech Dive’s roundup of layoffs coverage.

    Updated July 3, 2024
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    Zorica Nastasic via Getty Images
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    Alcon buys Belkin Vision for $81M upfront

    Alcon will gain access to a laser treatment for glaucoma that it plans to sell in the U.S. by the end of the year.

  • A Roche logo is seen on the side of a building.
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    Courtesy of Roche
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    Roche sues Foresight and Stanford, alleging use of trade secrets

    Roche said Stanford applied for patents relating to cancer detection and monitoring technology using its confidential information.

  • The sign identifying the FDA headquarters in front of its building in White Oak, Maryland.
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    Sarah Silbiger via Getty Images
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    FDA to expand total product life cycle program

    Officials plan to start accepting radiological and ophthalmic medical devices into the program, designed to accelerate medtech innovation, in October.

  • A picture of a woman suffering from chest pain sitting on sofa in living room at home.
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    Jajah-sireenut via Getty Images
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    Merit Medical pays Endogastric $105M for acid reflux treatment

    Merit expects the device to add around $30 million in annual sales.

  • Five syringes side by side with different tips.
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    Retrieved from Cardinal Health on July 02, 2024
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    FDA continues crackdown on plastic syringes made in China

    The agency has issued import bans for four manufacturers, and multiple companies have recalled affected syringes. Check out MedTech Dive’s roundup of the news.

  • Masimo CEO Joe Kiani looks over the countryside
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    Courtesy of BusinessWire/Masimo
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    Masimo COO says he’ll resign if CEO Kiani is forced out

    Activist investor Politan Capital Management is attempting to remove longtime Masimo leader Joe Kiani, claiming the company lacks independent oversight.

  • A sign with company logo in red on a white background at the entrance to Johnson & JOhnson medical device unit
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    Mario Tama/Getty via Getty Images
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    Medtech M&A may pick up after mixed start to 2024: analysts

    The annual number of medtech acquisitions is on course to slump to its lowest level since 2017, according to Needham.

  • Nick Jonas, Dexcom
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    Courtesy of Dexcom, Nick Jonas Super Bowl kit
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    Dexcom to lay off 535 employees in California

    A company spokesperson said Dexcom is centralizing its U.S. manufacturing operations in Arizona and repurposing its San Diego facility.

  • Food And Drug Administration Headquarters In Maryland
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    Sarah Silbiger via Getty Images
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    FDA shares draft guidance on clinical trial diversity action plans

    The agency said which trials need diversity action plans and presented the timeline for implementing the requirement.

  • Exterior of FDA headquarters
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    Courtesy of U.S. Food and Drug Administration
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    Cepheid wins FDA nod for fingerstick hepatitis C test

    Patients could be diagnosed and potentially receive treatment at the same healthcare visit.

  • A picture of Baxter's Life2000 Ventilation System
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    Retrieved from Baxter on June 27, 2024
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    Baxter recalls ventilation systems for charging malfunctions

    This comes a year after the healthcare company recalled the Life2000 Ventilation System due to oxygen desaturation risks.

  • A sign on a wall reads "Bill & Melinda Gates Foundation."
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    David Ryder via Getty Images
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    FDA partners with Gates Foundation to support breath-based diagnostic development

    Through a $1.9 million Gates Foundation grant, the collaborators will create methods to help developers make tests that can easily be deployed to rural and remote areas.

  • Professional photo of Karen Parkhill standing indoors in front of a pillar and stairs.
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    Courtesy of HP
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    Medtronic CFO Karen Parkhill leaving for HP

    Truist analysts wrote that “there could be some investor angst until a permanent successor is announced.”

  • A person digs with a spade in a raised garden bed. They wear a gray sticker on their upper arm.
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    Courtesy of Dexcom
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    Abbott and Dexcom are launching the first over-the-counter CGMs. Here are 7 questions on the new tech.

    Experts expect the release of new over-the-counter glucose monitors in the U.S. to fuel more widespread use of the devices.