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  • Steris image display in OR
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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.

  • Wooden cubes that spell out "M&A"
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    Nastassia Samal via Getty Images
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    Surmodics agrees to $627M private equity buyout

    Surmodics will go private when the transaction closes, which is expected in the second half of the year.

    M&A
  • 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.

  • A droplet from a pipette hangs over a series of test tubes in this stock image.
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    K-Kwanchai via Getty Images
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    Lab industry sues to stop FDA’s new LDT rule

    The American Clinical Laboratory Association argues the agency does not have the authority to enforce stricter standards on lab developed tests.

  • 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.

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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. 

  • A person holds a clear device with blue foam, with arrows pointing to the foam.
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    IOS/Zuma Press/Newscom

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    Tracker

    Tracking Philips Respironics recalls

    Philips issued two recalls after finding a software malfunction could affect BiPAP ventilators and a machine for sleep apnea studies.

    Updated 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.

  • Sanket Shah stands in front of a wood wall.
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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.

  • A blue, wavy device resembles a thin sponge.
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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. 

  • 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.

  • Cyber internet security and privacy concept. Database storage 3d illustration.
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    JuSun via Getty Images
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    More than a third of healthcare organizations aren’t prepared for cyberattacks: report

    Thirty-seven percent of healthcare organizations did not have a cyberattack contingency plan in place, despite half having experienced an attack, according to a new survey from Software Advice.