Medical Devices: Page 7
-
Trump tariffs
Illumina placed on China’s unreliable entity list
Analysts said the move comes amid rising trade tensions with the U.S. and as Illumina faces stiff competition in China’s genome sequencing market.
By Susan Kelly • Feb. 5, 2025 -
Medtronic recall of brain fluid drainage systems linked to 15 injuries
The company will keep the systems on the market but is asking providers to check devices for visible cracks and return affected devices.
By Nick Paul Taylor • Feb. 4, 2025 -
Explore the Trendline➔
Sitthiphong via Getty ImagesTrendlineMedical 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 -
RFK Jr. clears key hurdle on path to HHS secretary
A key Senate committee voted to advance Robert F. Kennedy’s nomination even after some legislators raised concerns about his previous vaccine stances and confusion surrounding programs like Medicare and Medicaid.
By Sydney Halleman , Delilah Alvarado , Jonathan Gardner • Feb. 4, 2025 -
Retrieved from Olympus on February 03, 2025
FDA labels recall of discontinued Olympus endoscope part as Class I
The update comes about six weeks after an early alert flagged reports of 120 injuries and one death linked to reprocessing of the device.
By Susan Kelly • Feb. 3, 2025 -
Trump tariffs
Advamed pushes for medical device exemption from Trump tariffs
CEO Scott Whitaker said “an exemption was provided for most medical devices during President Trump’s first term with respect to the tariffs on China, and we are advocating for a similar approach.”
By Susan Kelly • Feb. 3, 2025 -
Baxter CEO José Almeida retires
Brent Shafer, Baxter’s lead independent director, will serve as interim CEO. The company also promoted Heather Knight to chief operating officer.
By Elise Reuter • Feb. 3, 2025 -
Trump issues tariffs on Canada, Mexico and China
The president ordered an additional 10% duty on goods from China and 25% tariffs on imports from Canada and Mexico, though Canadian energy resources will face a lower rate.
By Philip Neuffer • Updated Feb. 1, 2025 -
Troy Tazbaz, CDRH digital health leader, resigns
Tazbaz was director of the FDA’s Digital Health Center of Excellence for two years, leading key policies on artificial intelligence and software as a medical device.
By Elise Reuter • Jan. 31, 2025 -
2025 outlook
Top medtech trends in 2025: New products and M&A are bright spots, but Trump brings uncertainty
Experts highlighted surgical robotics, artificial intelligence and M&A as top trends this year. However, the Trump administration could create challenges for the industry.
By Ricky Zipp • Jan. 31, 2025 -
Retrieved from Nasdaq on January 31, 2025
Beta Bionics raises $204M in IPO
The diabetes tech firm began trading this week and was valued at $966.2 million as of Thursday.
By Elise Reuter • Jan. 31, 2025 -
FDA warns about patient monitor cybersecurity vulnerabilities
Vulnerabilities in certain Contec and Epsimed patient monitors can allow people to gain access and potentially manipulate the devices, the FDA warned.
By Nick Paul Taylor • Jan. 31, 2025 -
Getinge exits surgical perfusion, creating opportunity for Livanova
Getinge CEO Mattias Perjos said surgical perfusion has “been a struggling category” since an FDA consent decree forced the company off the U.S. market in 2015.
By Nick Paul Taylor • Jan. 30, 2025 -
White House rescinds memo pausing federal funding following pushback
The Office of Management and Budget rolled back a memo halting federal funding that caused widespread confusion and alarm. But “this is NOT a rescission of the federal funding freeze,” Trump’s top press secretary said.
By Rebecca Pifer • Jan. 29, 2025 -
Stryker to sell spinal implants business
The company named a new CFO and shared an update on its planned Inari Medical acquisition.
By Elise Reuter • Jan. 29, 2025 -
Deep Dive // 2025 outlook
4 robotic surgery trends to watch in 2025
Intuitive Surgical will face competition this year from Medtronic and smaller companies like CMR Surgical and Moon Surgical coming to the U.S. market with robotic surgery systems.
By Susan Kelly • Jan. 29, 2025 -
Lawmakers report states shut out of Medicaid payment portals following Trump funding freeze
Other payment systems also appear to be offline, suggesting a broader shutdown of federal portals related to grants and funding.
By Rebecca Pifer • Updated Jan. 28, 2025 -
Trump freezes federal grants with big potential impact on providers, Medicaid
Federal agencies must stop disbursing financial assistance starting at 5 p.m. today under a new budget directive, threatening funding for providers and creating significant uncertainty for Medicaid payments to states.
By Rebecca Pifer • Jan. 28, 2025 -
Philips to sell emergency care business
Investment firm Bridgefield Capital will buy the segment, which includes cardiac resuscitation and emergency care devices, for an undisclosed amount.
By Elise Reuter • Jan. 28, 2025 -
Neko Health raises $260M to expand body scan service, fund R&D
The company uses various medical devices to noninvasively check moles, the heart and more.
By Nick Paul Taylor • Jan. 28, 2025 -
Retrieved from Screenshot: The Food and Drug Administration.
FDA webpages on clinical trial diversity removed after Trump orders
The website changes raise concerns about “the interference of politics with the study and the practice” of science and medicine, a physician said.
By Elise Reuter • Jan. 27, 2025 -
Doctors expect Boston Scientific to lead PFA race, survey finds
Physicians also expect greater use of Johnson & Johnson’s Varipulse system over the next two years despite the company’s current pause of U.S. cases, according to a poll by BTIG.
By Susan Kelly • Jan. 27, 2025 -
Sara Brenner named acting FDA commissioner
Brenner, who worked in the FDA’s Center for Devices and Radiological Health, will take the helm of the agency until a new leader is confirmed.
By Elise Reuter • Jan. 24, 2025 -
Trump tariffs
Intuitive execs cast wary eye on potential Trump tariffs
The surgical robot leader is watching developments under the new administration but has not included any tariff impact in its financial forecast.
By Susan Kelly • Jan. 24, 2025 -
Medtronic links closed-loop pain device to improvements after 12 months
The Inceptiv data give Medtronic more evidence as it tries to increase sales of a product that drove double-digit growth at the company’s pain stimulation unit last quarter.
By Nick Paul Taylor • Jan. 24, 2025 -
Senate sets date to vet RFK Jr.’s nomination to lead HHS
The Senate Finance Committee will meet on Jan. 29 to discuss the confirmation of RFK Jr., whose stances on vaccines and abortion have raised questions from Democrats and Republicans alike.
By Kristin Jensen • Jan. 23, 2025