Health systems, ASCs see restart of elective care taking months despite steps to ease patient fears

The biggest worry among providers is the possibility of an outbreak or second wave, followed by low patient demand and inadequate supplies, according to a new survey from consulting firm Deloitte.

By Shannon Muchmore • May 28, 2020

Spine, cancer doc leaders among top recipients of device, drug industry funds, analysis finds

Officials at 10 influential medical associations in the U.S. have extensive financial ties to industry, according to a study published in BMJ.

By Samantha Liss • May 28, 2020

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Medical device industry continues to turn to AI

While the industry continues to embrace artificial intelligence, there are still questions about how the new technologies need to be regulated and if they are effective.

By MedTech Dive staff

EU group sets path for pre-MDR notified body renewal, coronavirus-era surveillance

A new guidance applies to designating authorities and medical device sector notified bodies whose designations would have expired between this week and the Medical Device Regulation's delayed go-live date next May.

By Maria Rachal • May 28, 2020

Emergency authorization granted to COVID-19 ICU prediction software

The FDA nod for CLEW Medical's system is among a series of regulatory OKs for products designed to inform care for infected patients.

By Nick Paul Taylor • May 28, 2020

FDA Breakthrough Devices Program nears 300 designations

The agency has tapped 50 devices so far this year, with recent nods to Orteq, Thermedical, ArcherDX, Helius, PhotoPharmics and Terumo.

By Susan Kelly • May 27, 2020

Analysts saw 30% drop in TAVR growth in April, but Q2 may be better than feared

The Jefferies tracker suggests volume expectations for players in the transcatheter aortic valve replacement market, such as Edwards Lifesciences and Medtronic, may prove a bit conservative.

By Nick Paul Taylor • May 27, 2020

Medtechs eye key role of ASCs in return of elective care

Elective procedures were increasingly moving from hospitals to lower-cost ambulatory surgery centers prior to COVID-19. Now, ASCs may have a new advantage as a setting where patients feel safer returning to care.

By Maria Rachal • May 26, 2020

Inari Medical launches IPO, shares take off

The maker of mechanical thrombectomy devices sees a $3.6 billion annual U.S. market opportunity. It had the best first-day performance of 74 initial public offerings launched so far this year, Bloomberg calculated.

By Susan Kelly • May 26, 2020

ResMed, Medtronic embrace remote tech amid COVID-19, say it's here to stay

The crisis has sped adoption of digital health technologies to help hospitals create safe physical distances between healthcare workers and patients. Execs say some could become permanent products.

By Greg Slabodkin • May 26, 2020

Martha plots M&A, Hugo robot sees delay: Takeaways from Medtronic's Q4

Despite the negative impacts of COVID-19 on revenue in the latest quarter, the medtech giant has its strongest balance sheet in years and is looking for acquisition opportunities in the pandemic landscape.

By Maria Rachal , Greg Slabodkin • May 22, 2020

FDA eases rules on changes to PMA, HDE devices to avoid coronavirus supply disruptions

Companies that market medical devices under premarket approvals or humanitarian device exemptions can make limited modifications to design and production without giving prior notice, according to special guidance.

By Nick Paul Taylor • May 22, 2020

April was dismal for US hospitals, with long road ahead, surveys find

Operating margins plummeted 174% last month compared to April 2019 and were down 118% from March of this year as surgeries, ER visits and outpatient appointments declined drastically during the COVID-19 pandemic.

By Shannon Muchmore • May 21, 2020

Medtronic's revenue dropped 26% in Q4 as coronavirus hit broadly

New CEO Geoff Martha told investors Thursday nearly all sides of the business were negatively impacted by the pandemic's effects. 

By Greg Slabodkin • May 21, 2020

Hospitals push FEMA to form broad supply pact with medtech

The agency on Thursday is set to discuss a proposed five-year voluntary agreement with industry to better distribute medical products, which health systems hope will go beyond personal protective equipment.

By Nick Paul Taylor • Updated May 26, 2020

AdvaMed, health systems set ground rules for return of sales reps

Hospitals, nurses and the medtech industry issued guidance to pave the way for device company representatives to re-enter healthcare facilities.

By Susan Kelly • May 20, 2020

COVID-19 drives EC to change rules on notified body designations

The European Commission is allowing certain deviations from normal procedures governing notified bodies, enabling renewal of designations under the outgoing device regulations without performing on-site assessments.

By Nick Paul Taylor • May 20, 2020

Investors bet diabetes tech immune to full brunt of COVID-19

Pure play diabetes device makers aren't clear yet on how economic uncertainty and the transition to telemedicine may affect new patient demand, but are outperforming the stock market by a long shot.

By Maria Rachal • May 19, 2020

Edwards secures CE mark for Pascal tricuspid valve repair device

European approval for the device comes about a month after rival Abbott gained a CE mark for a tricuspid version of MitraClip. Edwards sees tricuspid and mitral valve treatments as a $3 billion market opportunity by 2024. 

By Susan Kelly • May 19, 2020

Knee replacements nearly halted as hospitals braced for COVID-19, new data show

Even service lines covering often life-threatening conditions saw large drops, with cardiac care falling 57% and cancer care down 37% versus March and April last year, according to analysis by Strata Decision Technology.

By Shannon Muchmore • May 19, 2020

Medtronic offers 10-year data, pivotal trial update on transcatheter pulmonary valves

A decade of data on the Melody valve found it more effective in adults than in pediatric patients. In a separate study, the in-development Harmony valve designed to treat severe pulmonary regurgitation met its primary endpoints.

By Susan Kelly • May 18, 2020

Allergan's breast implant postmarket studies 'unacceptable,' FDA warns

Within the last 14 months, every manufacturer of the controversial devices allowed for sale in the U.S. has received a warning letter from the agency.

By Maria Rachal • May 15, 2020

FDA revokes umbrella EUA for infusion pumps due to lack of industry use

The agency told medtechs it may instead grant individual EUAs for the devices going forward. B. Braun contends it is the only company with such an emergency authorization and is not affected by the revocation.   

By Greg Slabodkin • Updated Sept. 24, 2020

Cardiology group ranks best devices for aorto-iliac arterial interventions

The Society for Cardiovascular Angiography and Interventions detailed stances on several key issues, including endovascular device effectiveness, issued Thursday at its virtual conference.

By Nick Paul Taylor • May 15, 2020

Consumer COVID-19 fears, coverage concerns could stymie medtech rebound: Wall Street surveys

Some analysts say industry predictions on timing of a rebound in elective procedures may be too rosy.

By Maria Rachal • May 14, 2020

Philips, startups look to deploy new ultrasound tech amid coronavirus

The need for point-of-care imaging for lung and cardiac complications among COVID-19 patients has led to a flurry of expedited FDA reviews.

By Nick Paul Taylor • May 14, 2020