Medical Devices: Page 96


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    Persistent procedure backlogs point to boost for Stryker and Zimmer: analysts

    The findings are in line with recent comments from Abbott Laboratories and Johnson & Johnson executives, who reported a rise in procedure volumes as the impact of omicron waned during the first quarter.

    By April 21, 2022
  • Abbott Laboratories
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    Courtesy of Abbott
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    Abbott reports $900M Q1 revenue beat on COVID-19 test demand

    The company's 2022 guidance now includes testing sales of about $4.5 billion, versus $2.5 billion previously, which it anticipates will largely occur in the first half of the year.

    By April 20, 2022
  • Boston Scientific's Farapulse pulsed field ablation device. Explore the Trendlineâž”
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    Permission granted by Boston Scientific
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    Trendline

    New medical devices are reshaping the medtech industry

    From pulsed field ablation devices to glucose sensors and surgical robotics, new medical technologies are transforming patient care and how people manage their health.

    By MedTech Dive staff
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    Sarah Silbiger via Getty Images
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    Advocacy groups support patient engagement in MDUFA V, raise concerns about device safety

    Patient groups are largely supportive of the new agreement, which the FDA will finalize and send to Congress. However, some have raised concerns that the deal is too focused on industry’s interests.

    By April 20, 2022
  • Philips investigates reports of 1 death, 4 injuries potentially tied to ventilator recall

    "We take these events very seriously and they are still under investigation, so we cannot provide an update yet," a company spokesperson said in an emailed statement.

    By Updated April 22, 2022
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    Mario Tama via Getty Images
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    J&J saw 'positive signs' of recovery for medtech, but impact from China surge expected in April, May

    Johnson & Johnson's rebound for devices in the second half of 2021 was fueled primarily by international markets. However, that trend did not hold in the first quarter as the U.S. market bounced back, particularly for orthopaedics.

    By April 19, 2022
  • Oculus Quest II VR Brille Oculus Quest II inklusive Controller, VR Headset.
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    "Oculus Quest II" by Maximilian Prandstatter is licensed under CC BY 2.0
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    Pear's VR product for postoperative pain granted FDA STeP designation

    The agency's designation under the Safer Technologies Program for medical devices could expedite regulatory review for the virtual reality-based digital therapeutic, one of several products in Pear's pipeline.

    By April 14, 2022
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    Joe Raedle via Getty Images
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    California appeals court orders J&J to pay $302M for deceptive surgical mesh marketing

    A federal appeals court found Johnson & Johnson subsidiary Ethicon deceptively marketed its pelvic mesh devices, minimizing the health risks. The company said in an emailed statement that it plans to appeal the decision.

    By April 12, 2022
  • Wall Street
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    Spencer Platt via Getty Images
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    Abbott, Intuitive and J&J start medtech earnings season against a turbulent backdrop

    The results will shed light on whether elective surgery recovery is enough to offset a range of headwinds, such as shortages of key components and rising freight costs.

    By April 12, 2022
  • Suzanne Schwartz, Director of CDRH's Office of Strategic Partnerships and Technology Innovation
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    Image courtesy of FDA

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    FDA official: Draft cybersecurity guidance has 'teeth'

    Not following the guidance in premarket submissions means potential delays for device makers, said Suzanne Schwartz, director of CDRH's Office of Strategic Partnerships and Technology Innovation.

    By April 11, 2022
  • Medtronic's recall of over 175,000 MiniMed pumps labeled Class II by FDA

    The recall, which will not require the retrieval of any devices, has been associated with serious injuries and one death, according to the company. Medtronic said an independent review did not attribute the death to the issue.

    By Updated April 8, 2022
  • The sign identifying the FDA headquarters in front of its building in White Oak, Maryland.
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    Sarah Silbiger via Getty Images
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    FDA clarifies cybersecurity recommendations for device makers in new guidance

    The draft guidance, which replaces a 2018 document, sets recommendations for how medical device companies should approach cybersecurity in premarket submissions and maintaining products throughout their lifecycle.

    By April 7, 2022
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    Sarah Silbiger via Getty Images
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    Deep Dive

    ‘Where’s the patient?’: Experts question FDA’s final recall guidance

    While the guidance encouraged the use of electronic communications in recalls — a change experts have advocated for — some questioned why the agency did not address more problems with the system.

    By April 6, 2022
  • United States Senate Russell Office Building Rotunda
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    Senators drill down on rising user fees, cybersecurity and clinical trial diversity in MDUFA hearing

    While Tuesday's Senate hearing did not include FDA officials, lawmakers questioned industry groups as they consider the MDUFA V agreement that would increase the amount the agency can collect in fees from device makers.

    By April 6, 2022
  • The front entrance of the Food And Drug Administration headquarters building.
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    Sarah Silbiger via Getty Images
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    After seeing reprocessed duodenoscope contamination data, FDA pushes for switch to disposable

    Manufacturers are pulling fixed endcap duodenoscopes after postmarket surveillance studies found a portion of samples tested positive with organisms such as E. coli.

    By April 6, 2022
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    Getty Images
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    Nearly 80% of patients with infection following cardiac implant not treated appropriately: study

    A Duke University study, which was supported by Philips, showed that roughly four out of five patients with an infection following a cardiac implant did not have devices extracted, which goes against clinical guidelines.

    By April 5, 2022
  • Medtronic self-expanding TAVR shows durability benefit over surgery at 5 years, analysis shows

    Data from from multiple trials presented at ACC's Scientific Sessions showed the rate of structural valve deterioration at five years with surgery was 4.38% versus 2.57% in patients undergoing transcatheter aortic valve replacement.

    By April 5, 2022
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    Medtronic
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    Medtronic posts positive 3-year data in renal denervation ahead of pivotal readout

    Recent clinical trial results showed Medtronic's device reduced blood pressure out to three years, but analysts cautioned against using the results as a guide for the upcoming pivotal data.

    By April 5, 2022
  • iRhythm Zio XT
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    Permission granted by iRhythm Technologies
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    iRhythm builds case for wearable cardiac monitor with data in fainting, TAVR patients

    Data presented at ACC's Scientific Sessions show that by using iRhythm's Zio to monitor patients after discharge, physicians reduced hospital stays and potentially improved identification of arrhythmia.

    By April 4, 2022
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    Danielle Ternes
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    Medical device user fee update inches closer to approval

    After the FDA was delayed in getting a draft to Congress, the House and the Senate are working to pass legislation that would reauthorize the fifth Medical Device User Fee Amendments.

    By Updated June 21, 2022
  • Modeled TAVR volumes recover but still lag Q1 expectations for Edwards: Jefferies

    The analysts estimated Edwards' U.S. transcatheter aortic valve replacement sales increased, but were below the consensus estimate for the first quarter, as procedures started to recover from the winter slump.

    By April 4, 2022
  • Medtronic recalls IN.PACT catheters due to damage during manufacturing

    The medtech giant's latest recall adds to a growing list of product safety problems. Medtronic said no patient injuries or deaths have been reported.

    By April 1, 2022
  • The sign identifying the FDA headquarters in front of its building in White Oak, Maryland.
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    Sarah Silbiger via Getty Images
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    Congress questions FDA, industry over MDUFA V delays

    Members of the House Subcommittee on Health reminded both groups that the Jan. 15 deadline, which the FDA and the medical device industry missed by more than two months, "is not a mere suggestion."

    By March 31, 2022
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    Notified body update dampens hopes of near-term surge in IVDR capacity

    The European Commission's update reveals a growing pipeline of submissions that are approaching MDR designation but little hope of a near-term surge of in-vitro diagnostic capacity. 

    By March 30, 2022
  • Pear Therapeutics prescription digital therapeutic Somryst for chronic insomnia
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    Permission granted by Pear Therapeutics
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    Pear expects $22M in revenue this year, as it banks on growing adoption of digital therapeutics

    Pear still has substantial challenges going forward, as it faces several unknowns about the long-term adoption and reimbursement of its products. The company has been operating at a net loss, seeing a $65 million loss last year.

    By March 29, 2022
  • The front entrance of the Food And Drug Administration headquarters building.
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    Sarah Silbiger via Getty Images
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    FDA asks Congress for 14% bump in device budget for supply chain, cybersecurity programs

    For the devices program, the FDA is asking for roughly $698 million, with approximately $466 million from the budget authority and $232 million from user fees.

    By March 29, 2022