Medical Devices: Page 133
-
Abbott ups 2020 growth targets, downplays Libre 2 delay
After exceeding the high end of its 2019 sales forecast on success in electrophysiology, heart failure, structural heart and diabetes, the company forecasts up to an 8% rise in organic growth this year.
By Maria Rachal • Jan. 22, 2020 -
FDA OKs latest Medtronic leadless pacemaker, potentially tripling market
The newest version of the company's transcatheter pacing system, first approved in 2016, expands the device to patients with atrioventricular block.
By Susan Kelly • Jan. 22, 2020 -
Explore the Trendline➔
Sara Silbiger via Getty ImagesTrendlineTop 5 stories from MedTech Dive
From haphazard layoffs at the Food and Drug Administration to the industry’s current IPO environment and tracking FDA-authorized AI devices, here is a collection of top stories from MedTech Dive.
By MedTech Dive staff -
Medical device sales flat, J&J CEO promises big year for robots
A Medical Device Business Review Day scheduled for this spring in New York City will feature "tangible evidence of not only the machines, but also the digital platform component," Alex Gorsky said of J&J's robotic surgery ventures.
By Nick Paul Taylor • Updated Jan. 23, 2020 -
HHS price transparency efforts may decode only sliver of total spending
A new analysis focused on non-emergency care that a patient can choose deliberately, such as hip or knee replacements, as opposed to emergency services.
By Ron Shinkman • Jan. 21, 2020 -
Medline's Illinois sterilization plant comes back online
Having spent $10 million to meet stricter ethylene oxide emissions rules, the facility resumed operations Friday, roughly two months after local health regulators once predicted.
By Maria Rachal • Updated March 30, 2020 -
UK health authority 'proactively' monitoring breast implant illness reports
In guidance for patients and clinicians on symptoms "sometimes referred to as Breast Implant Illness," the Medicines and Healthcare products Regulatory Agency stopped short of linking the devices to reported illnesses.
By Susan Kelly • Jan. 21, 2020 -
5 medtech trends to track in 2020
With the medical device tax in the rearview mirror, industry worries include the uncertain future for product sterilization, the "valley of death" between product authorization and reimbursement, and enforcement of new EU regulations.
By Maria Rachal , David Lim • Jan. 17, 2020 -
Virtual, augmented reality in medicine pique FDA's interest
The agency is hosting a workshop Wednesday with representatives from Microsoft, Facebook, Philips and other industry players in hopes of identifying roadblocks to developing more uses of extended reality for medical purposes.
By Nick Paul Taylor • Jan. 17, 2020 -
Edwards' US patent challenge to Abbott MitraClip IP denied
In a decision Thursday, the Patent Trial and Appeal Board thwarted Edwards Lifesciences' petition arguing certain Abbott mitral valve repair claims are unpatentable, the latest in a transatlantic battle between the companies.
By Nick Paul Taylor • Jan. 17, 2020 -
Dexcom talks up Type 2 market, Medtronic says it has 'work to do' in diabetes at JPM
The San Francisco conference featured presentations from most major insulin delivery and glucose monitoring players, preceded by a handful of new funding announcements including a $93 million Series C for Virta Health.
By Maria Rachal • Jan. 16, 2020 -
Study of Abbott's HeartMate 3 points to single treatment indication for LVADs
A study in JAMA Cardiology suggests it's unnecessary to group heart failure patients by transplant eligibility, which one cardiologist said could allow physicians to sidestep difficult upfront decisions about transplants and pumps.
By Nick Paul Taylor • Jan. 16, 2020 -
ResMed pays more than $37.5M to settle false claims allegations
The settlement covers accusations that the sleep apnea and respiratory conditions medical equipment maker provided free and below-cost products and services to spur patient referrals.
By Nick Paul Taylor • Updated Jan. 20, 2020 -
REVA files for bankruptcy after bioresorbable scaffold flops
The company pinned its failure to grow sales on the European Society of Cardiology's preference for conventional drug-eluting stents.
By Nick Paul Taylor • Jan. 16, 2020 -
Amid Q4 letdown, Boston Scientific aims for $1B mark in structural heart
CEO Mike Mahoney, speaking at the J.P. Morgan Healthcare Conference, partly blamed underperformance on a December slowdown in the U.S. defibrillator business, but said the company is still sorting out reasons for the softness.
By Susan Kelly • Jan. 15, 2020 -
Health IT to lead 2020 deals, KPMG predicts
The repeal of the medical device tax could boost investor interest in hot areas like non-invasive diagnostics, robotic surgery and AI-enabled devices, although health IT, pharma and biotech appear to be drawing more excitement.
By Linda Wilson • Jan. 15, 2020 -
ArcherDX, Geneoscopy, Phagenesis win breakthrough device designations
A cancer relapse test, a colorectal cancer screening test and a device to restore swallowing control are among the latest technologies to benefit from certain regulatory perks.
By Nick Paul Taylor • Jan. 15, 2020 -
Medtronic at JPM: More tuck-ins under Martha and key trial results ahead
Incoming CEO Geoff Martha also said management agrees "certain pockets of the company probably have a little bit too much bureaucracy."
By Maria Rachal • Jan. 14, 2020 -
Robotic surgeries surge to 15% of all procedures, despite limited evidence
Robot-assisted procedures jumped from accounting for 1.8% of all general surgeries in 2012 to 15.1% in 2018. Closer monitoring is needed to ensure clinical benefits and safety are prioritized, researchers said.
By Susan Kelly • Jan. 14, 2020 -
RTI Surgical inks $490M deal to sell OEM unit to private equity
The divestiture will turn Michigan-based RTI into a pure play spine company with up to $200 million in cash, as private equity groups show growing interest in the medical technology sector.
By Nick Paul Taylor • Jan. 14, 2020 -
Nevro, NuVasive, Integra, others preview earnings at JPM
Wednesday's lineup of medtech presenters includes Exact Sciences, Intersect ENT, ICU Medical and handheld ultrasound device maker Butterfly.
By Maria Rachal • Updated Jan. 15, 2020 -
FDA guidance on catheters zeros in on testing, coatings
The agency wants to see consistency across 510(k) submissions for various types of Class II percutaneous transluminal angioplasty balloon catheters.
By Susan Kelly • Jan. 13, 2020 -
Enrollment has ended in Essure postmarket study, FDA says
Bayer discontinued sales of the permanent birth control implant more than a year ago but continues to study its safety profile, as directed by the agency.
By Susan Kelly • Jan. 13, 2020 -
FDA OKs Abbott clinical trial of MitraClip in moderate risk patients
The transcatheter mitral valve repair device, used to treat primary mitral regurgitation, is currently only indicated for patients at a prohibitive risk for surgery.
By David Lim • Jan. 13, 2020 -
Yujin Kim / MedTech Dive, original photo courtesy of U.S. Food and Drug Administration
Device warning letters plunged nearly 90% over 5 years. An FDA official predicts a rebound
FDA's device center issued just nine warning letters in the most recent fiscal year, down from 81 in 2015. But with a major reorganization complete, regulators say they can respond to compliance issues more quickly.
By David Lim • Jan. 10, 2020 -
Intuitive closes 2019 by topping Q4 expectations
Intuitive's 19% procedure growth helped it increase sales by 22%, according to preliminary results. But Medtronic, J&J and CMR Surgical are among the competitors that will press for share in the next few years.
By Nick Paul Taylor • Jan. 10, 2020