Medical Devices: Page 140
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Moody's predicts cardiology tech to outpace rest of medical devices, driven by TAVR
The rating agency's report coincided with a more downbeat near-term forecast by Jefferies analysts, who tracked "a sharp step down in December growth" of transcatheter aortic valve replacement system utilization by hospitals.
By Nick Paul Taylor • Jan. 24, 2020 -
GE cybersecurity flaw gets maximum risk score, triggering rare FDA notice
"An attacker could potentially silence an alarm that is intended to communicate vital information about a patient to health care staff, such as a patient's cardiac status," the agency wrote of an issue with certain tech platforms.
By Nick Paul Taylor • Jan. 24, 2020 -
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 -
3 more notified bodies coming soon, EC says as MDR clock ticks down
New designations would move the Commission a step closer to its goal of having 20 notified bodies in place by the end of the first quarter of 2020.
By Nick Paul Taylor • Jan. 23, 2020 -
Surgical gown recall sets Cardinal back $96M
The company estimates a $96 million second quarter charge related to the recall, amid two new field actions affecting procedure kits with the gowns. Cardinal previously saw red flags with the supplier at the root of the problem.
By Nick Paul Taylor • Updated Jan. 31, 2020 -
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 -
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