Medical Devices: Page 98


  • A sign for the Food And Drug Administration is seen outside of the headquarters on July 20, 2020, in White Oak, Maryland.
    Image attribution tooltip
    Sarah Silbiger via Getty Images
    Image attribution tooltip

    FDA seeks more power for medical device cybersecurity mandates

    CDRH wants to require medtechs to have a Software Bill of Materials ready upfront as part of a premarket submission, as well as the capability to update and patch device security into a product's design.

    By Aug. 17, 2021
  • Boston Scientific's vaginal mesh studies entrench FDA's view that risks outweigh benefits

    After halting sales of the product in 2019, the regulator said the additional risks associated with transvaginal mesh repair mean it "continues to believe that these devices do not have a favorable benefit-risk profile."

    By Aug. 17, 2021
  • the FDA Headquarters Explore the Trendline
    Image attribution tooltip
    Sara Silbiger via Getty Images
    Image attribution tooltip
    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
  • Abbott Laboratories
    Image attribution tooltip
    Courtesy of Abbott
    Image attribution tooltip

    Abbott's Amulet FDA approval sets stage for US market fight with Boston Scientific

    The atrial fibrillation device will challenge Boston Scientific's Watchman in a market valued at $500 million. Abbott plans to release a head-to-head study with its rival at the end of the month.

    By Aug. 16, 2021
  • A picture of the street sign stating "Wall Street." American flags drape over a nearby building
    Image attribution tooltip
    Kena Betancur via Getty Images
    Image attribution tooltip

    Memic inks SPAC merger, lining up $360M to challenge Intuitive for robotic surgery market

    The company is betting the small size of its device and potential to enable more hysterectomies to be done vaginally as differentiators that will enable it to grow sales to $136 million in 2025.

    By Aug. 16, 2021
  • Suzanne Schwartz, Director of CDRH's Office of Strategic Partnerships and Technology Innovation
    Image attribution tooltip

    Image courtesy of FDA

    Image attribution tooltip

    Medtechs need to up their cybersecurity threat modeling game, FDA says

    The agency "will be looking for much more detailed and comprehensive" cyber threat models as part of premarket review, said Suzanne Schwartz, director of CDRH's Office of Strategic Partnerships and Technology Innovation.  

    By Aug. 13, 2021
  • Image attribution tooltip
    Sarah Silbiger via Getty Images
    Image attribution tooltip

    US now a priority market for most developers of novel devices, FDA survey finds

    CDRH topped its goal to boost the percentage of manufacturers that target the U.S. market at least at the same time as rival regions.

    By Aug. 13, 2021
  • Image attribution tooltip
    Morris MacMatzen / Stringer via Getty Images
    Image attribution tooltip

    NESTcc seeks feedback on active postmarket medical device surveillance system

    The National Evaluation System for health Technology plans to work with a contractor to test real world scenarios for devices such as ventilators, robotic surgery, breast implants and fully disposable duodenoscopes.

    By Aug. 13, 2021
  • People of color work together in an office
    Image attribution tooltip

    Photo by Fauxels (Studio) from Pexels

    Image attribution tooltip
    Deep Dive

    Medtech industry starts to face lack of diversity, execs of color

    AdvaMed contends the percentage of Black people in leadership roles at device companies has more than doubled from 1.3% to 3.2% since 2015. However, currently none of the largest medtechs has a CEO of color.

    By Aug. 12, 2021
  • Medtronic's HVAD controversy

    Study reveals stroke risk that brought down Medtronic's HeartWare HVAD

    Registry data shows that the pump had a higher rate of stroke than Abbott's HeartMate 3. The study comes weeks after Medtronic pulled the device from the market in response to neurological adverse events. 

    By Aug. 12, 2021
  • Photo of health visual at cybersecurity HIMSS21
    Image attribution tooltip
    Rebecca Pifer/MedTech Dive
    Image attribution tooltip

    Should healthcare organizations pay to settle a ransomware attack? Experts weigh in at HIMSS21

    "I don't think there's a single yes or no," said Michael Coates, former chief information security officer for Twitter.

    By Rebecca Pifer • Aug. 11, 2021
  • Boston Scientific gets FDA nod for single-use bronchoscope, sees $2B opportunity

    The medtech giant is targeting a potentially lucrative market but will face competition from rivals with a longer history in the space, including Ambu and Olympus. A limited U.S. release of the device is set for the coming weeks. 

    By Aug. 11, 2021
  • 'Evidence gaps' spur CMS to call meeting to discuss cerebrovascular devices

    The agency said the "shorter term data with greater reliance upon intermediate and surrogate outcomes" used to bring devices to market is "generally less helpful" for its assessments.

    By Aug. 11, 2021
  • Image attribution tooltip
    Adobe Stock
    Image attribution tooltip

    Philip Morris buys developer of inhaled heart attack drug, ramping up push into healthcare

    News of the takeover comes weeks after the tobacco company bought an oral drug delivery specialist and entered into a bidding war to buy inhaled medicine player Vectura. Health charities have pushed back against Philip Morris' foray.

    By Aug. 10, 2021
  • Deep Dive

    Diabetes tech companies set sights on Type 2 patients as user numbers climb

    With patients flocking to CGMs and insulin pumps over the past several years, companies like Dexcom, Insulet and Tandem are looking to further expand. 

    By Aug. 9, 2021
  • Image attribution tooltip
    Permission granted by iXensor
    Image attribution tooltip
    Sponsored by iXensor

    New digital health solution helps mass COVID-19 testing to prevent Delta variant resurgence

    To sustain reopened activities, identify outbreaks and new variants, the ability to manage testing at pace and scale has never been more urgent.

    By Piers Ford • Aug. 9, 2021
  • FDA puts Class I label on Boston Scientific recall estimated to affect one-third of pacemaker line

    The medtech giant took the action after discovering devices, once hailed as a growth driver, can incorrectly enter safety mode, putting patients at risk of serious injury.

    By Aug. 9, 2021
  • Medtronic to buy Intersect ENT in $1.1B deal targeting chronic rhinosinusitis market

    Intersect ENT's implants, which deliver steroids to open sinus passageways, could position Medtronic to sell products for a condition affecting 35 million U.S. adults. 

    By Aug. 6, 2021
  • ResMed reaffirms Philips recall is up to $350M boost but held back by supply chain struggles

    "Supply bottlenecks continue to restrict our access to critical electronic components, especially semiconductor chips, that ultimately limit our net production output,” CEO Mick Farrell told investors late Thursday.

    By Updated Oct. 29, 2021
  • iRhythm Zio XT
    Image attribution tooltip
    Permission granted by iRhythm Technologies
    Image attribution tooltip

    iRhythm doesn't expect 2022 CMS pricing. 'It may take some time.'

    Amid a challenging 2021, the cardiac monitoring player beat Wall Street revenue expectations. However, Medicare pricing uncertainty is still hanging over its future.

    By Aug. 6, 2021
  • BD Veritor system for rapid detection of SARS-CoV-2
    Image attribution tooltip
    Courtesy of BD/PRNewswire
    Image attribution tooltip

    BD results called mixed amid bullish COVID-19 testing outlook

    The medtech assumes no major system-wide hospital restrictions on electives, despite the rapid spread of the delta variant, raising eyebrows from one analyst group. BD also announced CFO Chris Reidy will retire.

    By Aug. 5, 2021
  • A picture of the street sign stating "Wall Street." American flags drape over a nearby building
    Image attribution tooltip
    Kena Betancur via Getty Images
    Image attribution tooltip

    Nevro shares plunge 25% after sluggish Q2, execs brace for worse to come

    Struggles in the second quarter led analysts to question whether the company is losing share to rivals such as Abbott Laboratories, Boston Scientific and Medtronic. Nevro refuted the idea that it's losing market share.

    By Aug. 5, 2021
  • Image attribution tooltip
    Fotolia
    Image attribution tooltip

    Outpatient revenue drives hospital volume rebound in June, Kaufman Hall says

    The report's year-to-date trends in outpatient visit growth add to color from medtech companies reporting electives rebounding in recent financial results.

    By Hailey Mensik • Aug. 4, 2021
  • Rival to Boston Scientific's Sentinel meets skeptics at FDA advisory panel

    One expert said there's "compelling evidence that [Keystone Heart] not only didn't demonstrate efficacy, but there's a potential signal of harm."

    By Aug. 4, 2021
  • Philips ventilator recall labeled Class I by FDA, second in as many weeks

    The recall was triggered by identification of a risk that ventilators will provide lower oxygen flow. The Class I event is separate from FDA's designation in July of a recall impacting millions of Philips sleep apnea and ventilator devices.

    By Aug. 4, 2021
  • Roundup: Medtechs mirror pre-pandemic results in Q2 fueled by procedure volume recovery

    After elective procedures began gradually rebounding in the first quarter of 2021, companies are reporting results close to or beating 2019 levels.

    Aug. 3, 2021