Medical Devices: Page 95


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    Medtronic
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    Medtronic's surgical robot Hugo gains CE mark, setting up Intuitive faceoff

    The system will hit the European market after the medtech giant unveiled it in 2019 and delayed the timeline amid the pandemic. Medtronic will take on market leader Intuitive Surgical and an upcoming product from J&J.

    By Oct. 11, 2021
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    Mark Wilson via Getty Images
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    4 takeaways from a bumper year of M&A medtech activity (so far)

    After hunkering down last year, many companies entered 2021 with large cash reserves and acquisition targets that included players lacking scale to weather the downturn.

    By Oct. 11, 2021
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    Sara Silbiger via Getty Images
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    Trendline

    Top 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
  • A sign for the Food And Drug Administration is seen outside of the headquarters on July 20, 2020, in White Oak, Maryland.
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    Sarah Silbiger via Getty Images
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    FDA beefs up surgical stapler oversight after injuries, death reports

    While medtechs like J&J and Medtronic backed the broad change, the final rule held firm on several contentious elements. The agency also updated labeling guidance of both staplers and staples due to patient safety risks.

    By Oct. 8, 2021
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    Sean Gallup via Getty Images
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    Deep Dive

    Will a software bill of materials help or hurt medical device cybersecurity?

    President Joe Biden's executive order calls for SBOMs, and the FDA wants to require premarket submissions to have an inventory of third-party device components. AdvaMed is concerned the data could be exploited by hackers.

    By Oct. 7, 2021
  • Medtechs opened 2021 with a flurry of M&A and have not stopped spending since

    With deals ranging from tuck-ins to multibillion-dollar takeovers, here's a roundup of the M&A spree so far this year after activity came to a near halt amid the unpredictability of 2020.

    Oct. 7, 2021
  • Boston Scientific inks $1.75B deal for Baylis, biggest in string of M&A

    SVB Leerink analysts wrote the acquisition will add needed support in electrophysiology and structural heart, two of the highest growth markets within cardiology. It's the medtech's fifth acquisition of 2021.

    By Oct. 6, 2021
  • EU shares guide to MDR's 22 rules for classifying medical devices

    If a manufacturer and notified body dispute a classification, the case may be referred to the competent authority in the country where the company has its registered place of business.

    By Oct. 6, 2021
  • Medtronic expands 2 MiniMed insulin pump recalls on ring flaw, cyber risks

    The recalls have hit the medtech giant at a time when competitors Insulet and Tandem are ramping up in the insulin pump market and amid flagging sales in its diabetes unit.

    By Oct. 5, 2021
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    Sarah Silbiger via Getty Images
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    FDA resists industry push to nix De Novo inspections in final rule

    "The most controversial aspect was FDA's provision for ... an FDA inspection for what is tantamount to a 510(k)," noted Bradley Merrill Thompson, attorney at the law firm Epstein Becker Green.

    By Oct. 5, 2021
  • A sign for the Food And Drug Administration is seen outside of the headquarters on July 20, 2020, in White Oak, Maryland.
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    Sarah Silbiger via Getty Images
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    FDA's real-world evidence push hampered by data challenges, 'million-dollar question'

    While the agency wants to tap information like electronic health records and wearables to make pre- and postmarket decisions, these sources do not have the same quality controls as clinical trials. 

    By Oct. 4, 2021
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    Sarah Silbiger via Getty Images
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    FDA hits nearly all MDUFA IV commitments despite pandemic disruptions

    The main black mark in an audit was the failure to publish draft guidance on content for premarket submissions for software in a medical device.

    By Oct. 4, 2021
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    Retrieved from AdvaMed on October 04, 2021
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    MCIT, cyber, RWE and 3 more takeaways from AdvaMed's 2021 conference

    The medtech industry gathered virtually and in person for the lobby's annual conference, with topics ranging from the kill-off of the breakthrough device payment pathway to the pandemic upending CDRH's 2021 reset.

    Oct. 4, 2021
  • Ransomware attacks put availability of medical devices at risk: FDA cyber chief

    Industry reached a "watershed moment" earlier this year when a device outage caused by malware endangered patient lives, Kevin Fu, acting director of cybersecurity at CDRH said. "That was something we haven't seen before."

    By Oct. 1, 2021
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    Mario Tama via Getty Images
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    AdvaMed defends J&J in $344M row with California court over mesh marketing

    The lobby group filed an amicus curiae brief asking the appeals court to reverse the judgment against J&J, arguing it "undermines a manufacturer's ability to rely on FDA input when it comes to the adequacy of device labeling."

    By Oct. 1, 2021
  • How much is too much? OIG warns about booze for doctors in medtech speaker programs

    "This is a chance to take a hard look and see if it's worth it. The document may signal that some types of practices are just too risky," said Ben Wallfisch, a senior counsel with the Office of Counsel to the HHS Inspector General. 

    By Kim Dixon • Oct. 1, 2021
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    Bayer posts final analysis of Essure adverse events to FDA

    The last report, which is based on social media posts, completes the deal the company made with the agency.

    By Sept. 30, 2021
  • MedTech Europe director warns about EU's turbulent switch to IVDR

    Oliver Bisazza told the AdvaMed conference this week that while the European Union will "needlessly lose a great deal of tests" in the transition to the In Vitro Diagnostic Regulation, he is confident decision makers will "course correct."

    By Sept. 30, 2021
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    Alex Wong via Getty Images
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    CMS defends proposal to nix MCIT pathway, medtechs hold out hope

    If the bid to repeal the breakthrough payment rule is finalized, the agency's CMO committed to an alternative pathway that evaluates devices for Medicare patients potentially via clinical trials, outcome registries and real-world data.

    By Sept. 29, 2021
  • A sign for the Food And Drug Administration is seen outside of the headquarters on July 20, 2020, in White Oak, Maryland.
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    Sarah Silbiger via Getty Images
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    FDA medical device regs, safety checks questioned by AMA ethics journal

    As it's typically safer to discontinue the use of a drug than an implant, it "might be reasonable" to hold some devices to higher standards, suggests Ariel Wampler, author and plastic and reconstructive surgery physician.

    By Sept. 29, 2021
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    Danielle Ternes
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    CDRH's 2021 'reset' shunted again as COVID-19 dominates workload

    Jeff Shuren, who spoke during AdvaMed's annual conference, said the heavy coronavirus workload will lead it to miss some MDUFA IV performance metrics.

    By Sept. 28, 2021
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    Sarah Silbiger via Getty Images
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    FDA starts review after study finds Boston Scientific's Watchman is riskier in women

    The agency is working with manufacturers of LAAO devices, a market fought over by Boston Scientific and Abbott, to assess other sources of data before deciding on the next steps.

    By Updated Sept. 29, 2021
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    Delta pressure on US hospitals dragged August operations, Kaufman Hall finds

    "The August data show we are not out of the woods yet, and hospitals face additional uncertainties as we move into the fall and winter," said Erik Swanson, senior vice president of data and analytics for the consultant group.

    By Rebecca Pifer • Sept. 28, 2021
  • Amid pandemic, medtech R&D, merger activity jumped: EY report

    Research and development spending at pure-play medtechs rose to a level last seen before the 2007-2008 financial crisis.

    By Sept. 27, 2021
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    Max Pixel
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    Quarter of providers saw mortality rates rise after ransomware attacks, survey finds

    Only 36% of healthcare organizations said they are effective in knowing where all their medical devices are, while just 35% indicated they know when a device's operating system is at end of life or out of date.

    By Rebecca Pifer • Sept. 24, 2021
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    Justin Sullivan via Getty Images
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    Medtechs face supply chain disruptions from semiconductor shortage: report

    The AdvaMed-commissioned survey found all respondents have experienced some level of disruption to their chip supply chain, with delays ranging from two weeks to more than one year.

    By Sept. 24, 2021