Medical Devices: Page 63
-
Permission granted by Zimmer Biomet
Zimmer Biomet Q4 net loss widens on supply problems; CEO targets acquisitions
The company plans to enter higher-growth markets, even outside of orthopedics, in a bid to increase revenue.
By Elise Reuter • Feb. 3, 2023 -
Courtesy of Invacare
Invacare files for Chapter 11 bankruptcy protection amid supply chain woes
The wheelchair maker said it has reached a restructuring agreement with most of its debt holders and that demand for its products remains strong.
By Susan Kelly • Updated Feb. 3, 2023 -
Explore the Trendline➔
Sarah Silbiger via Getty Images
TrendlineMedical device safety in spotlight after high profile recalls
From Philips’ massive recall of respiratory devices to ongoing health risks with breast implants, medical devices tied to patient harm have put a focus on product safety.
By MedTech Dive staff -
Permission granted by Becton Dickinson
BD raises full-year forecast, sees Q1 strength in pharmacy automation, pre-fillables
The company’s base businesses helped cushion the impact of declining COVID-19 testing demand.
By Susan Kelly • Feb. 2, 2023 -
Retrieved from Siemsens Website on July 01, 2022
Siemens Healthineers forecasts revenue growth to accelerate despite supply chain woes
Lower diagnostics revenue hurt sales in the three months ended Dec. 31.
By Nick Paul Taylor • Feb. 2, 2023 -
iStock via Getty Images
Vortex ultrasound accelerates brain blood clot clearance in early stage tests
When the ultrasound was formed into a vortex, it cleared more blood clots more quickly than other methods, opening a potential pathway for treatment of cerebral venous sinus thrombosis.
By Nick Paul Taylor • Feb. 2, 2023 -
Boston Scientific gets Q4 boost from heart, urology sales
Following a series of significant acquisitions, the company said it expects net sales growth of about 5% to 7% in full-year 2023.
By Susan Kelly • Feb. 1, 2023 -
CFO survey hints at funding shift from robots to wearables
The poll from accounting firm BDO found the cost and regulatory hurdles of developing robotics devices are often too high, and lower-cost, less-regulated wearables offer better returns.
By Susan Kelly • Feb. 1, 2023 -
Edwards posts Q4 profit, reaffirms 2023 outlook as patients return
The heart valve specialist said it is optimistic that the healthcare environment will gradually improve this year.
By Susan Kelly • Feb. 1, 2023 -
ChooChin via Getty Images
Stryker expects 2023 growth despite 15% dip in Q4 net income
CEO Kevin Lobo said he expects new product launches and device orders will offset continued “macroeconomic volatility.”
By Elise Reuter • Feb. 1, 2023 -
Gorodenkoff via Getty Images
Medtech trends in 2023Medtech M&A outlook for 2023: Spinoffs, China exits, AI opportunities poised to spur deal rebound
Companies flush with cash are looking for good investments and innovative products that can reduce procedure costs, industry observers say.
By Peter Green • Jan. 31, 2023 -
FDA device center’s 2022 report reveals 37% drop in annual breakthrough designations
The annual report also highlighted the CDRH’s work on pulse oximeters, Philips’ recall of sleep and respiratory devices, cybersecurity and artificial intelligence.
By Nick Paul Taylor • Jan. 31, 2023 -
Sarah Silbiger via Getty Images
Medtronic recalls 22,000 hemodialysis catheters for potential hub defect
The FDA reported two injuries tied to the problem, which could cause leaks across the tubes of the implanted catheters and produce blood clots.
By Susan Kelly • Jan. 30, 2023 -
Courtesy of https://www.livanova.com/advanced-circulatory-support/en-us
LivaNova recalls circulatory support device for software fix
The update is intended to fix a malfunction that could cause its LifeSPARC pump to stop working.
By Elise Reuter • Jan. 30, 2023 -
Peter S Green/MedTech Dive
GE HealthCare posts revenue growth in last quarter before spinoff on imaging, ultrasound units
The company benefitted from “robust end-market demand, improved pricing, and easing supply chain pressures” in the period.
By Peter Green • Jan. 30, 2023 -
Patrik Stollarz / Staff via Getty Images
Philips will cut 6,000 more jobs to reduce costs after company swung to net loss in Q4
New CEO Roy Jakobs said Philips has been spreading its resources too thinly and “can't and won't be selling everything everywhere anymore.”
By Nick Paul Taylor • Jan. 30, 2023 -
Permission granted by Tandem Diabetes Care
Q&AFriday Q&A: Tandem’s chief strategy officer talks tubeless pumps, Type 2 plans
Elizabeth Gasser also discusses the company’s recent acquisition of AMF Medical as well as how it factors environmental impact into device design.
By Elise Reuter • Jan. 27, 2023 -
Permission granted by ResMed
ResMed quarterly revenue beats estimates as supply chain woes ease
Demand for CPAP devices and respirators remains strong as the company expects to pick up additional market share from rival Philips, and demand grows for its medical SaaS products.
By Susan Kelly • Jan. 27, 2023 -
Courtesy of Rockley Photonics
Medtronic wearable partner files for bankruptcy but plans to continue ‘without interruption’
Rockley Photonics works with two of the top five medtech companies, plus six leading smart watch makers including Apple, but has run into financial problems.
By Nick Paul Taylor • Jan. 27, 2023 -
Courtesy of Flex
OpinionWhy medical device designers need to become more agile — and how they can do it
To stay competitive, medtech firms must center manufacturing in business optimization plans, while embracing a design-to-value approach, says Jennifer Samproni, Flex’s chief technology officer for its Health Solutions division.
By Jennifer Samproni • Jan. 26, 2023 -
Sarah Silbiger via Getty Images
Medtech trends in 2023Medtech regulation outlook in 2023: Faster approvals among priorities as AI moves to fore
Leaders in the medtech field weigh in on the prospects and challenges for product regulation in 2023.
By Peter Green • Updated Jan. 26, 2023 -
Courtesy of University of Illinois/Yongdeok Kim
Researchers create remote-controlled biological robot that could eventually be used in surgery
The design allows the integration of sensors and other components that could eventually equip the robots to detect biomarkers of disease, carry out biopsies or perform surgery.
By Nick Paul Taylor • Jan. 26, 2023 -
Courtesy of Getinge
Getinge heart pump gets third Class I recall after patient death
Customers were alerted to problems with Cardiosave devices late last year after Getinge received complaints about an issue linked to four serious injuries and one death.
By Nick Paul Taylor • Jan. 26, 2023 -
Courtesy of Abbott Laboratories
Abbott sees ‘signs of stability’ for 2023 as hospital staffing, supply chain improves
While the company continues to grapple with supply shortages and procedure restrictions, it sold more COVID-19 tests than expected in the fourth quarter.
By Elise Reuter • Jan. 25, 2023 -
Motortion via Getty Images
Cybersecurity ‘more critical than ever’ in era of connected care: BD
The device maker’s annual report on the state of healthcare cybersecurity calls for better transparency and coordination across the industry.
By Susan Kelly • Jan. 25, 2023 -
VCG / Stringer via Getty Images
Intuitive Q4 profit slips on costs to boost share of robotic surgery market
The investment in innovation comes as Intuitive tries to maintain its dominant position in the face of rivals including Johnson & Johnson and Medtronic.
By Nick Paul Taylor • Jan. 25, 2023
Previous
