Medical Devices: Page 108


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    Courtesy of Miach Orthopaedics
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    NFL player-backed implant to fix ACL tears gets FDA De Novo

    Miach Orthopaedics' synthetic device, made from bovine collagen, offers an alternative to traditional reconstruction for one of the most common knee injuries in the U.S.

    By Dec. 17, 2020
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    Getty Images
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    At FDA's request, Penumbra recalls catheter device after 14 patient deaths

    "There's no way around the fact that this is a disappointing blow to the company's credibility given the positive commentary we've received from the company since the initial July warning notice," J.P. Morgan analysts wrote. 

    By Dec. 17, 2020
  • Front sign of FDA building Explore the Trendline
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    Sarah Silbiger via Getty Images
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    Trendline

    Medical device safety in spotlight after high profile recalls

    From Philips’ massive recall of respiratory devices to ongoing health risks with breast implants, medical devices tied to patient harm have put a focus on product safety.

    By MedTech Dive staff
  • Stryker, Zimmer shift strategies to capitalize on growing ASC market

    Now that Medicare has caught up to private payers opening up coverage policies, experts see procedure migration away from hospitals accelerating. Pricing pressure is a risk, though.

    By Dec. 16, 2020
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    Jacob Bell
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    Breakthrough designations go to renal denervation devices in latest FDA batch

    ReCor and SoniVie disclosed the regulatory privileges within a day of each other, boosting their efforts to enter a market targeted by Medtronic.

    By Dec. 16, 2020
  • Boston Scientific, Nevro agree to nix 1 patent lawsuit, but other legal fights go on

    While the parties agreed to dismiss Nevro's case involving high-frequency spinal cord stimulation therapy against the medtech giant, separate disputes are active over related technology.

    By Dec. 15, 2020
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    Brian Tucker
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    FDA lays out alternative 510(k) path criteria for 3 device types

    The agency finalized guidance documents covering several product categories — spinal plating systems, orthopaedic bone screws and magnetic resonance coils — as it pushes forward with its Safety and Performance Based Pathway.

    By Dec. 15, 2020
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    Permission granted by iRhythm Technologies
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    Medtronic's Coyle to replace iRhythm CEO King in switch-up

    The leadership change comes after a series of ups and downs for iRhythm, but the cardiac digital health company is still performing better than expectations. Wall Street analysts were mixed on the impact.

    By Dec. 15, 2020
  • Deep Dive

    MDR-IVDR bottleneck persists as EU launches 1st Eudamed module

    "Very few notified bodies at this moment in time are taking new products on under the old directive, because a medical device doesn't just get certified overnight," an official at Ireland's National Standards Authority said.

    By Nicholas Wallace • Dec. 14, 2020
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    Deposit Photor
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    BD calls for 'Zero Trust' to combat rising healthcare hacking amid pandemic

    The medtech warns threats are plaguing the industry as providers increasingly rely on telehealth and remote monitoring to deliver care to patients.

    By Dec. 14, 2020
  • A medical technician changes out gloves between patients at a COVID-19 Community-Based Testing Site at the PNC Bank Arts Center in Holmdel, N.J., March 23, 2020. The testing site, established in partn
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    Master Sgt. Hecht, Matt. (2020). [Photograph]. Retrieved from Flickr.
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    Trump admin defends national stockpile as PPE, equipment shortages persist

    "We’re not the Walmart that you can walk into on a daily basis to get your standard needs to treat patients and get PPE. We are a 911 response team," an HHS official said, adding the stockpile hasn't denied a single state request.

    By Rebecca Pifer • Dec. 14, 2020
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    Alex Wong via Getty Images
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    Trump admin proposes easing HIPAA to foster value-based care, COVID-19 contact tracing

    One goal in revamping the privacy regulations was to make information sharing more efficient, especially during health crises like the opioid epidemic and the coronavirus outbreak, according to top health officials. 

    By Rebecca Pifer • Dec. 11, 2020
  • UK shares post-Brexit device guidance as uncertainty around EU split looms

    MHRA this week outlined which medtech manufacturers will need to register and when. The timeline is determined by the previously disclosed grace period which ends Jan. 1, 2021.

    By Dec. 11, 2020
  • Edwards plots TAVR comeback even as COVID-19 surge hits harder

    "We've seen a fall-off and we felt it globally, but it's probably more predominant in the U.S.," CEO Michael Mussallem said of the impact of some hospitals limiting elective surgeries.

    By Dec. 10, 2020
  • Dexcom lays out strategy to double revenue by 2025, eyes hospitals, new markets

    Wall Street analysts called the five-year guidance by the maker of continuous glucose monitors conservative, but investors were not so sure, sending shares down more than 4% on Wednesday.

    By Dec. 9, 2020
  • Registry finds no link between paclitaxel-coated devices and mortality risk: NEJM

    The data add to evidence accumulating since a 2018 meta-analysis led the FDA to hold an advisory meeting and add new label warnings, putting pressure on medtechs like Boston Scientific and Medtronic. 

    By Dec. 9, 2020
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    Courtesy of Abbott
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    Dive Awards

    Company of the Year: Abbott

    Demand for the diversified medtech's array of coronavirus tests puts it on solid financial ground going into 2021, amid a challenging year for the medical device industry.

    By Maria Rachal • Dec. 9, 2020
  • The MedTech Dive Awards for 2020
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    Brian Tucker/MedTech Dive
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    Dive Awards

    The MedTech Dive Awards for 2020

    From the relentless demand for COVID-19 tests to the pressure on medtechs' traditional business lines, the industry has faced unprecedented market forces this year.

    By MedTech Dive Team • Dec. 9, 2020
  • Bayer updates Essure birth control device reports of deaths, injuries on social media

    The company underscored FDA’s acknowledgement of the challenges of drawing conclusions from social media posts, which come with potential for biased and inaccurate information.

    By Updated Dec. 8, 2020
  • Deep Dive

    Boston Scientific's Lotus ditch creates 'duopoly' in growing TAVR market

    Edwards Lifesciences and Medtronic are now the primary rivals in the transcatheter aortic valve replacement market, which analysts expect to rapidly grow in coming years.

    By Dec. 8, 2020
  • GE medical imaging devices impacted by critical cyber vulnerability

    Dozens of products like CT scanners and MRI machines are susceptible to hackers getting access to sensitive health data and disrupting their operation, according to firm CyberMDX. GE says there is no risk to patient safety.

    By Dec. 8, 2020
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    Endologix AAA graft to go before FDA panel over potential life-threatening leak risk

    The agency also released postmarketing data reinforcing an increased likelihood of blood leaking into the aneurysm for patients with the company's AFX endovascular grafts.

    By Dec. 7, 2020
  • Olympus to pay $300M to buy Veran for lung navigation system

    The deal is for $300 million up front, with another $40 million tied to an undisclosed milestone.

    By Dec. 7, 2020
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    Danielle Ternes
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    CDRH headed for 'reset' in 2021 after COVID-19 derailed priorities, Shuren says

    After a "massive increase" in work due to the pandemic, the device center anticipates continuing to manage coronavirus projects while also focusing on MDUFA V and new programs.

    By Dec. 3, 2020
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    Courtesy of LivaNova/Businesswire
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    LivaNova offloads heart valve tech to Gyrus Capital following investor pressure

    The announcement comes shortly after activist shareholder PrimeStone Capital demanded LivaNova sell or close the "likely loss-making" business line.

    By Maria Rachal • Dec. 3, 2020
  • CMS adds hip replacements, other surgeries to ASC list in final rule

    A representative from Stryker applauded the changes and said the rule will encourage providers to consider the shift to ambulatory surgery centers.

    By Updated Dec. 4, 2020