Medical Devices: Page 109
-
Roundup: Medtronic's HVAD recall problems continue following patient injuries, deaths
One year after Medtronic pulled the heart pump off the market, there have been two Class I recalls following reports of patient injuries and deaths. Here is a collection of MedTech Dive's coverage of the HVAD saga.
Updated June 27, 2022 -
Hip, knee bundled pay program results similar as voluntary or mandatory: JAMA study
The results of a University of Pennsylvania analysis of more than a million Medicare claims for joint replacement surgery lend support to CMS' expected policy shift toward more mandatory bundled payment arrangements.
By Susan Kelly • June 16, 2021 -
Explore the Trendline➔
Permission granted by Boston Scientific
TrendlineNew medical devices are reshaping the medtech industry
From pulsed field ablation devices to glucose sensors and surgical robotics, new medical technologies are transforming patient care and how people manage their health.
By MedTech Dive staff -
FDA advisory panel to review TransMedics' liver preservation device
The Gastroenterology and Urology Devices Panel will meet virtually on July 14 to discuss the company's filing for premarket approval of the OCS Liver system, which is designed to keep donor organs viable for longer.
By Nick Paul Taylor • June 15, 2021 -
Philips recalls 2021
ResMed's stock climbs following Philips' sleep apnea, ventilator device recall
Wall Street analysts wrote the recall could drive patients and durable medical equipment providers to ResMed devices, though any benefits right now are "impossible to quantify."
By Ricky Zipp • Updated June 16, 2021 -
FDA rejects Verily filing for wrist-worn Parkinson's clinical trial device
The sister company of Google developed the feature to collect data on the motor function of Parkinson's patients in between visits to trial sites. However, the agency questioned the wearable's ability to have a meaningful effect.
By Nick Paul Taylor • June 14, 2021 -
EC issues medtech guidance on implant cards required under MDR
The European Commission detailed information implant manufacturers need to provide under the new rules, while also publishing a document on the European Medical Device Nomenclature and how it relates to IMDRF terminology.
By Nick Paul Taylor • June 14, 2021 -
Medtronic's FDA approval sets up fight for recharge-free pain market
The medtech sees Vanta helping it gain share in a market it has struggled to penetrate in the past. Abbott Laboratories, Boston Scientific and specialist spinal cord stimulation rival Nevro are also competing.
By Nick Paul Taylor • June 11, 2021 -
FDA lays out device cybersecurity efforts as feds look to implement Biden executive order
The president signed an order last month seeking to bolster the nation's cyber posture amid growing threats from hackers.
By Greg Slabodkin • June 9, 2021 -
Medtronic's HVAD controversy
Medtronic's HeartWare HVAD ending brings questions about $1B acquisition
Nearly five years after Medtronic's buy of HeartWare International, the medtech giant pulled the flagship product of the deal due to safety risks, ceding the market to rival Abbott.
By Ricky Zipp • June 8, 2021 -
Medtronic lands FDA approval for brain stimulation leads it expects to drive share gains
CEO Geoff Martha has boasted the nod for SenSight will help it close "a key competitive gap." The medtech competes with Abbott and Boston Scientific in the market.
By Nick Paul Taylor • June 8, 2021 -
Cancer tech dominates FDA's latest batch of breakthrough devices
The agency's recent breakthrough designations feature a clutch of oncology devices and diagnostics from companies including Viome and Avenda Health.
By Nick Paul Taylor • June 7, 2021 -
Dexcom shares clinical data on G7 CGM ahead of next-gen showdown with Abbott
The results compare favorably to data on Abbott’s Libre 2, further setting the stage for the release of one of the most anticipated new products of 2021 in the diabetes tech market.
By Nick Paul Taylor • June 4, 2021 -
Medtronic's HVAD controversy
Medtronic pulls HeartWare HVAD pump from market amid recalls, patient deaths
The medtech said the move was influenced by growing evidence the system had higher mortality risks than comparable devices. FDA advised providers to use Abbott's HeartMate 3 as an alternative.
By Ricky Zipp • June 3, 2021 -
FDA warns device makers of falsified records at Italian ethylene oxide sterilization facilities
BD and Medtronic are among those that already recalled products processed by Steril Milano, accused by the agency of falsifying graphs and parameters of sterilization certificates for a variety of products dating back to 2016.
By Nick Paul Taylor • June 3, 2021 -
Abiomed buys preCARDIA to bag breakthrough heart failure device
William Blair analysts had hopes the buy could help Abiomed move past "two years of commercial disruptions" to drive long-term growth.
By Nick Paul Taylor • June 2, 2021 -
Amid pricing tumult, iRhythm CEO resigns after 4 months in office
After taking over on Jan. 12, Mike Coyle stepped down Tuesday. CFO Douglas Devine will assume the role amid a search for a permanent replacement. Shares were down by nearly 17% Wednesday morning.
By Ricky Zipp • June 2, 2021 -
FDA seeks 8% budget boost for CDRH to back resurgence of domestic device production
The Biden administration said its request for the Center for Devices and Radiological Health will help the U.S. reduce reliance on products from China and other countries and strengthen its ability to respond to emergencies.
By Nick Paul Taylor • June 1, 2021 -
Swiss medtech sounds alarm as MDR erects barriers to EU market
The Swiss Medical Technology Association said the change will cost the industry it represents the equivalent of $126 million to meet new administrative requirements.
By Nick Paul Taylor • May 28, 2021 -
Medtronic steps up robotics bet as its challenger to Intuitive starts clinical trial
The medtech giant seeks to double or triple sales in its 2023 fiscal year. However, analysts warned that near-term investments will pressure margins in the short term.
By Nick Paul Taylor • May 28, 2021 -
Rising hospital ransomware attacks could endanger patients, hit bottom lines hard, Moody's says
Systems have been rendered more vulnerable due to COVID-19 as more non-clinical employees work from home. The warning echos comments made recently by the FDA's cyber chief for medical devices.
By Ron Shinkman • May 27, 2021 -
Analysts tip Edwards' US TAVR growth at 90% in April
A Jefferies review of hospital data suggests the medtech could comfortably beat the current analyst growth forecast, but comes with multiple caveats.
By Nick Paul Taylor • May 27, 2021 -
Medtronic revenue up 37% as electives make a comeback
CEO Geoff Martha told investors Thursday most businesses are returning to near pre-COVID-19 growth rates, though he admitted there is "work to do" in areas like neurovascular and diabetes.
By Greg Slabodkin • May 27, 2021 -
FDA draft guidances lay out postmarket medical device data requirements
Building on existing policy, one proposal deals with rules for Class II and III products while another relates to PMAs.
By Nick Paul Taylor • May 27, 2021 -
MDR challenges remain as regulation goes into effect: MedTech Europe
The European trade group contends that while the Medical Device Regulation's May 26 effective date marks a significant milestone, hurdles limit industry’s ability to "seamlessly supply certified devices under the new rules."
By Greg Slabodkin • May 26, 2021 -
Senate confirms Chiquita Brooks-LaSure as head of CMS
AdvaMed and MDMA both called out the Medicare Coverage of Innovative Technology rule, now delayed, as a priority for the new administrator. President Joe Biden has yet to name an FDA chief.
By Rebecca Pifer • May 25, 2021