Medical Devices: Page 8
-
Medical device firms brace for effect of White House tariffs
President Donald Trump upped tariffs on China and said delayed tariffs on Mexico and Canada would take effect. Catch up on MedTech Dive’s latest coverage.
By Elise Reuter • March 4, 2025 -
Trump hikes tariffs on China by 10%
The president also maintained that the pause on duties for Canada and Mexico will come to an end Tuesday.
By Philip Neuffer • Updated March 3, 2025 -
Olympus recalls lung biopsy devices linked to 26 serious injuries
The FDA, which published a Class I recall notice, said the tip of the guide sheath has detached from some devices and fallen off in the patient.
By Nick Paul Taylor • March 4, 2025 -
FDA recall notice details J&J pause of Varipulse
Four of the 132 patients treated with Varipulse in the first two months of the U.S. launch had a form of stroke shortly after surgery.
By Nick Paul Taylor • March 3, 2025 -
Medtronic partners with Brainomix on AI stroke tool
Medtronic also recently teamed with Tempus to assess the use of artificial intelligence to identify people eligible for interventions like TAVR.
By Nick Paul Taylor • Feb. 28, 2025 -
Illumina to lay off 96 San Diego employees
The latest job cuts at Illumina’s California headquarters are not part of a broad-based reduction, a company spokesperson said.
By Susan Kelly • Feb. 28, 2025 -
Canada and Mexico tariffs will take effect March 4, Trump confirms
The president will also impose an additional 10% import tax on China next week and hinted at plans to soon levy 25% duties on the European Union.
By Philip Neuffer • Feb. 27, 2025 -
Teleflex to split in 2, buy Biotronik assets for $791M among slew of actions
Teleflex, whose shares sank nearly 20% Thursday, will acquire most of Biotronik’s vascular intervention assets. Teleflex also announced a CFO transition.
By Susan Kelly • Feb. 27, 2025 -
Tandem’s insulin pump tech wins FDA nod for Type 2 diabetes
Tandem is following competitor Insulet’s lead with the second automated insulin delivery system indicated for Type 2 diabetes.
By Elise Reuter • Feb. 27, 2025 -
Elekta CEO Gustaf Salford to leave after board sees need for new leader
Laurent Leksell, Elekta’s chairman of the board, said the company needs “new leadership that can further intensify the focus on improving profitability and strengthen growth.”
By Nick Paul Taylor • Feb. 27, 2025 -
Staar Surgical to lay off 115 people in California
Staar’s job cuts come “amid ongoing macroeconomic and geopolitical challenges that have pressured the business,” a spokesperson said. Demand in China, the company’s largest market, has slowed.
By Susan Kelly • Feb. 26, 2025 -
CAP urges HHS to revoke lab developed test rule, citing Trump order
The pathologists group wants the regulation terminated in light of an executive order from President Trump that calls for federal agencies to “alleviate unnecessary regulatory burdens.”
By Nick Paul Taylor • Feb. 26, 2025 -
Thermo Fisher to buy Solventum’s purification and filtration unit for $4.1B
Wall Street applauded the deal, sending shares of Solventum, the 3M spinoff, up 10% on Tuesday.
By Susan Kelly • Feb. 25, 2025 -
FDA brings back some fired device staff
An industry source said “most, if not all” of the people at the CDRH who were recently dismissed are now being asked to return.
By Elise Reuter • Feb. 24, 2025 -
Medtronic gains FDA OK for self-adjusting DBS system for Parkinson’s
The brain-computer interface technology personalizes therapy based on an individual’s brain activity.
By Susan Kelly • Feb. 24, 2025 -
After tough year, Baxter looks for next CEO to drive growth
Interim CEO Brent Shafer said the medical products maker is ready to begin a new era after several years of “heavy lifting” to simplify the business structure.
By Susan Kelly • Feb. 21, 2025 -
VitalConnect raises $100M for heart monitor patch
VitalConnect will use the money to commercialize the monitor, which detects arrhythmias and competes with patches from companies including iRhythm.
By Nick Paul Taylor • Feb. 21, 2025 -
Siemens Healthineers opening logistics depots in US to boost inventory
Expanding parts inventory and logistics capabilities will support later cutoff times, same-day delivery within 300 miles and more next-flight-out options for customers, the company said.
By Nick Paul Taylor • Feb. 20, 2025 -
Device industry scrambles as FDA job cuts cause delays
The cuts at the FDA’s device center could add “months, if not years” to the time it takes to bring products to market, an attorney said.
By Elise Reuter • Feb. 20, 2025 -
Advamed CEO warns FDA job cuts put patients, industry at risk
Scott Whitaker sent a letter to the HHS calling for staff cuts at the FDA to be reversed, arguing patient care and U.S. leadership in medtech are on the line.
By Susan Kelly • Feb. 19, 2025 -
Vicarious Surgical COO John Mazzola to retire
Mazzola’s retirement plan comes less than two months after CFO William Kelly left the surgical robot developer.
By Susan Kelly • Feb. 19, 2025 -
Trump tariffs
Medtech firms have little to say on Trump tariffs
Wall Street analysts said current tariffs should be “manageable” for the sector but cautioned that other countries may retaliate.
By Elise Reuter • Feb. 19, 2025 -
Philips expects sales struggles in China to continue in 2025
Philips forecast a double-digit sales decline in China for the first half of 2025 after reporting “significant deterioration” of demand in October.
By Nick Paul Taylor • Feb. 19, 2025 -
J&J resumes PFA cases, but analysts warn safety may hamper rollout
J.P. Morgan analysts said the findings of J&J’s investigation “could significantly hinder the product’s rollout in the U.S. and globally” and lead doctors to “de-prioritize Varipulse.”
By Nick Paul Taylor • Feb. 18, 2025 -
Trump tariffs
Mitigating tariffs: EY’s Lynlee Brown discusses strategies for medtech
Lynlee Brown, a global trade partner at EY, outlined several strategies for device manufacturers to offset fast-moving tariffs.
By Elise Reuter • Feb. 18, 2025