Medical Devices: Page

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    Interest in elective surgeries up 115% over pre-COVID levels, Google searches show: Needham

    The rise in searches correlates with an increase in the size of the market for elective procedures, Needham analysts report, signaling better times for medtech companies.

    By • June 15, 2023
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    Opinion

    The importance of trust in AI as a medical device

    Building trust with patients, as well as regulators, will be key to the adoption of AI in medical devices and diagnostics, argues Alison Dennis, a London-based partner with law firm Taylor Wessing.

    By Alison Dennis • June 15, 2023
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    Trendline

    Top 5 stories from MedTech Dive

    From the effects of layoffs at the Food and Drug Administration and President Donald Trump’s tariff policies to the top medtech trends of 2026, here is a collection of top stories from MedTech Dive.

    By MedTech Dive staff
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    Masimo proxy fight heats up as ISS backs activist’s board nominees

    Institutional Shareholder Services recommended that Masimo shareholders support two board candidates nominated by activist investor Politan Capital Management, setting up a showdown for Masimo’s June 26 annual meeting.

    By • June 14, 2023
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    Wound repair, custom prosthetics targeted by developers of multi-material bioprinter

    Researchers developed a bioprinter that can print multiple materials, allowing them to print cells, drug-releasing meshes and sensors. 

    By • June 14, 2023
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    Samsung adds heart rhythm notifications to Galaxy Watch to close gap on Apple

    The news comes weeks after the FDA granted 510(k) clearance to the new feature, which can be used to detect atrial fibrillation, and positions Samsung to take on other wearable heart monitors from firms including Apple.

    By • June 14, 2023
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    Courtesy of Abbott Laboratories

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    Abbott names Philip Boudreau as CFO

    Current CFO Robert Funck will become executive vice president of finance, with the company making a series of internal promotions to fill the roles of CFO and controller.

    By • June 13, 2023
  • Abbott's flexability ablation catheteris facing stiff competition from more advanced pulsed field abaltion devices offered by its competitors.
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    Courtesy of Abbott
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    Abbott’s $1.9B electrophysiology unit threatened by pulsed field ablation: analysts

    The analysts warn Abbott could lose some market share, but say Medtronic “will face the most significant competitive pressures.”

    By • June 13, 2023
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    Retrieved from Getinge on June 12, 2023
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    Getinge’s packaging problems continue with recall of circulatory support devices

    The company put a shipping hold on a separate set of life support devices last year due to potential breaches in sterile packaging, which could pose an infection risk. 

    By • June 12, 2023
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    Merit Medical buys two dialysis catheter lines for $132.5M combined

    The acquisitions are expected to boost the Utah-based device maker’s annual revenue by about $30 million.

    By • June 9, 2023
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    Brian Tucker
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    EPA’s proposed ethylene oxide regulations may cost sterilizers more than estimated: Moody’s

    Large commercial sterilizers should be able to handle the increased costs, but smaller companies might have to sell, Moody’s analysts write. 

    By • June 9, 2023
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    Q&A

    Friday Q&A: Biosense Webster’s Brooks and Hong talk about cardiac ablation

    The leaders of Johnson & Johnson’s Biosense Webster unit see growth opportunities with new cardiac ablation technologies, despite a crowded field that includes Abbott, Boston Scientific and Medtronic.

    By • June 9, 2023
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    SunMed agrees to $110M takeover of Avanos’ respiratory health unit, continuing M&A spree

    Avanos, whose competitors include Stryker and Medline Industries, is selling the unit to narrow its focus on areas where it can succeed.

    By • June 9, 2023
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    Courtesy of Penumbra
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    New devices could help Penumbra take market share, according to physician survey

    Penumbra’s new systems for removing blood clots from veins and arteries received a positive reception, with doctors expecting to use the company’s devices more, according to a survey of 25 surgeons by J.P. Morgan. 

    By • June 8, 2023
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    In shift away from toxic ethylene oxide, Colorado firm offers ‘green’ chlorine dioxide sterilization

    The addition of chlorine dioxide capabilities comes as the industry races to find alternatives to ethylene oxide ahead of restrictions on the use of the carcinogenic gas.

    By • June 8, 2023
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    Precision Neuroscience’s brain implant maps electrical activity in a first-in-human trial

    Created by a founder of Elon Musk’s Neuralink, Precision has developed a device with some 1,000 electrodes in a one square centimeter flexible film. The trial could open the way to a computer-brain interface.

    By • June 8, 2023
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    Cue Health wins first non-emergency authorization for COVID test, days after Goldman downgrade

    The FDA’s marketing authorization for Cue’s COVID-19 molecular test could boost consumer access, but the company faces strong competition from more established diagnostic firms.

    By Peter Green • June 7, 2023
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    Teleflex prevails in Medtronic’s appeal over guide catheter patents

    A federal appeals court judge denied Medtronic’s claims that Teleflex’s catheters were unpatentable.

    By • Updated June 7, 2023
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    Q&A

    How they built it: Florian Hillen wants to look at your teeth with his AI

    Hillen is building a business on the premise that using artificial intelligence to examine dental X-rays can nearly double diagnostic accuracy, and help detect other diseases.

    By Peter Green • June 7, 2023
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    Courtesy of iRhythm
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    FDA: iRhythm targeted heart monitor at ‘high-risk’ patients without seeking clearance

    William Blair analysts believe “customers are unlikely to change their usage of Zio AT [heart monitors] over time, making this a resolvable issue.”

    By • June 7, 2023
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    Courtesy of Philips
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    Philips faces new recall of Evo respirators, tagged Class I by FDA

    The woes are continuing for Philips and its Respironics unit, whose ventilators and other breathing assist devices have faced a slew of recalls. 

    By Peter Green • June 6, 2023
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    Nevro names new chief commercial officer, cuts forecast as spine stimulation market tightens

    While the company’s new chief commercial officer and its recently appointed CEO “have a considerable amount of experience,” Nevro still faces challenges in its core market, according to analysts.

    By • June 6, 2023
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    Abiomed heart pump recall labeled Class I by FDA, no deaths reported

    The recall, tied to specific sets of the Impella 5.5 with SmartAssist, comes just months after Johnson & Johnson paid $16.6 billion for Abiomed.

    By Peter Green • Updated June 5, 2023
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    Medtronic names former Amazon robotics VP as technology chief

    Ken Washington, who has also served as chief technology officer at Ford and Lockheed Martin, will be charged with driving growth through innovation at the world’s largest medical device maker by revenue.

    By • Updated June 5, 2023
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    Novo Nordisk says in talks to acquire French device-maker Biocorp for $165M

    The offer per share is about 20% more than Biocorp’s closing stock price on June 2. The two companies plan to focus on drug delivery solutions for chronic diseases, such as diabetes.

    By • Updated June 6, 2023
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    Masimo board accepts appointment of activist investor’s nominee, with caveats

    The agreement to let former J&J executive Michelle Brennan join its board comes as Masimo, and founder and CEO Joe Kiani, are working to fend off activist investor Quentin Koffey.

    By • June 5, 2023