Medical Devices: Page 61
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Permission granted by Abbott
Abbott boosts organic sales outlook as device demand accelerates
A rebound in surgical procedure volumes as hospital staffing improved at the start of the year partially offset a steep drop in COVID-19 testing sales.
By Susan Kelly • April 19, 2023 -
Stock via Getty Images
AFib study shows no effect on outcomes from 1-year delay of catheter ablation
Early treatment could be a boon for medtech companies such as Boston Scientific and Medtronic but is potentially challenging for healthcare systems. The new study suggests waits of up to a year will not harm patients.
By Nick Paul Taylor • April 19, 2023 -
Explore the Trendline➔
Sara Silbiger via Getty Images
TrendlineTop 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 -
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Intuitive posted 26% jump in robotic procedures in Q1 as hospitals chipped away at backlog
The company experienced “some backlog effect from patients generally returning to more normalized healthcare routines, given the effect of the pandemic over several years.”
By Nick Paul Taylor • April 19, 2023 -
Permission granted by Johnson & Johnson
J&J raises forecast as medtech procedures recover
The company’s medical device business grew by more than 7% in the first quarter.
By Elise Reuter • April 18, 2023 -
Sarah Silbiger via Getty Images
Post-approval modification of high-risk devices linked to 30% jump in recall risk: study
The authors suggest improved post-marketing surveillance systems may be needed to mitigate risks to patient safety.
By Nick Paul Taylor • April 18, 2023 -
Permission granted by Medtronic
What medtech startups need to know about remote monitoring
Four medtech executives talked about the future of hospital at home, and the difference between consumer devices and medical devices, in an event hosted by the Colorado Bioscience Association.
By Elise Reuter • April 17, 2023 -
Courtesy of LivaNova
LivaNova CEO quits as firm announces higher-than-expected preliminary earnings
Analysts from Needham and Stifel had opposite takes on how McDonald’s departure will affect the company, which has struggled in recent years to bring new products to market.
By Peter Green • April 17, 2023 -
Permission granted by Abbott
Abbott gets clearance for Libre 3 reader, opening path to Medicare coverage
With a standalone reader, Abbott said it is working to make the FreeStyle Libre 3 system available to people covered by Medicare.
By Elise Reuter • April 17, 2023 -
Shutterstock/Lukasz Pawel Szczepanski
Sponsored by EsperOvercome the top 5 device management challenges of remote patient care with ease
As more organizations adopt RPM, they’re facing increasingly complex challenges managing, updating and securing their devices.
April 17, 2023 -
echoevg via Getty Images
Proxy adviser backs diabetes device developer Sernova in fight against activist investors
Institutional Shareholders Services said the activist investors “failed to present a detailed explanation” of their case and recommended that shareholders vote for Sernova’s director nominees.
By Nick Paul Taylor • April 17, 2023 -
Permission granted by Medtronic
Q&AFriday Q&A: Medtronic’s Ajizian talks connected care ahead of unit spinoff
From supporting AI-driven medical interventions to freeing up providers from administrative tasks, remote patient monitoring is raising the bar for care, says Medtronic’s CMO for patient monitoring.
By Susan Kelly • April 15, 2023 -
Courtesy of Medtronic
Medtronic, 6 months after proposing patient monitoring spinoff, remains mum on separation plan
A standalone entity could achieve faster growth, even though recent spinoffs in the medtech sector have produced mixed results, analysts say.
By Susan Kelly • April 14, 2023 -
Courtesy of Philips
Fewer Philips replacement devices have reached patients than counted, FDA says
The agency raised concerns that the discrepancy could affect the estimated wait times for patients needing a replacement sleep apnea device.
By Elise Reuter • April 14, 2023 -
Courtesy of https://news.medtronic.com/newsroom-medtronic-hits-the-road-mobile-labs
Medtronic targets June closure of Epix facility, will lay off 59 employees
The company had bought Epix for a catheter-based, temperature-controlled cardiac ablation system designed to treat patients with irregular heartbeats.
By Nick Paul Taylor • April 14, 2023 -
Michael M. Santiago via Getty Images
Digital surgery firm Surgalign faces delisting by Nasdaq for shareholder equity noncompliance
The exchange has given Surgalign 45 days to submit a plan to regain compliance.
By Nick Paul Taylor • April 14, 2023 -
Courtesy of Walgreens
OTC hearing aid matches performance of audiologist-fitted device in small trial
People who used an over-the-counter hearing aid for six weeks saw similar results to people who used an audiologist-fitted device, suggesting less costly, self-fitted hearing aids could be an option.
By Nick Paul Taylor • April 13, 2023 -
Spencer Platt/Getty via Getty Images
Medtech sector poised for growth as healthcare staffing tops pre-COVID levels: KeyBanc
The analysts are “leaning into increased medtech exposure” after determining that several challenges that have constrained the industry are easing.
By Nick Paul Taylor • April 13, 2023 -
Permission granted by Zimmer Biomet
Zimmer’s ‘smart knee’ implant may qualify for new technology payments from CMS
If finalized, the add-on payments would help cover the cost of the sensor technology included in the company’s Persona IQ knee implants.
By Elise Reuter • April 12, 2023 -
Sarah Silbiger via Getty Images
FDA starts device sterilization pilot program to help industry adapt to EtO emission clampdown
The FDA “recognizes the need to facilitate more timely changes” amid a push to cut EtO emissions and constraints on the supply of radioactive cobalt.
By Nick Paul Taylor • April 12, 2023 -
EPA. (2022). "https://www.epa.gov/hazardous-air-pollutants-ethylene-oxide/forms/columbus-nebraska-becton-dickinson-pharmaceutical" [Photo]. Retrieved from EPA.gov.
Medical device groups say ‘the stakes are high’ with new EtO regulations
AdvaMed, which represents medical device companies, warned that patients could face treatment delays if sterilization facilities close.
By Elise Reuter • April 11, 2023 -
EPA to limit ethylene oxide emissions from medical device sterilizers
The agency proposed new emissions limits that device sterilization companies would have 18 months to meet.
By Elise Reuter • April 11, 2023 -
Courtesy of GE Healthcare
GE HealthCare faces ‘competition from all angles’ that could constrain growth: analysts
BTIG lists 20 companies as competitors to GE HealthCare, including China’s Shenzhen Mindray Bio-Medical Electronics and Shanghai United Imaging Healthcare.
By Nick Paul Taylor • April 11, 2023 -
Maks_Lab via Getty Images
Medtech buyouts by private equity in Q4 shed light on deal-making trends in 2023: report
Medtech companies are continuing to spin off assets to realign portfolios, creating opportunities for private equity firms to buy businesses and exit existing investments.
By Nick Paul Taylor • April 11, 2023 -
Courtesy of Philips
Philips recalls 1,200 reworked sleep apnea devices over fault that can cause therapy failure
The problems keep mounting for Philips, as recently repaired respirators now need to be fixed in a recall the FDA has labeled a Class I event.
By Nick Paul Taylor • April 10, 2023 -
EPA proposes stricter ethylene oxide pollutant rules for chemical makers
Further EPA proposals involving medical device sterilization plants are expected to be forthcoming.
By Susan Kelly • April 7, 2023
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