“We’re excited about the momentum we’re building. We think we’ve made a good initial splash here,” Enovis CEO Matt Trerotola recently told MassDevice. One of the largest orthopedic device companies in the world, Wilmington, Delaware–based Enovis has had a string of positive news lately: Financial results swung to a profit as part of Street-beating fourth […]
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SafeGuard Surgical wins FDA breakthrough nod for biodegradable stent backed by NFL QB
SafeGuard Surgical announced today that the FDA granted breakthrough device designation to its LeakGuard biodegradable stent. Along with the regulatory milestone, the company announced that it completed its Series A funding round. Tom Pepin, principal at Tapper Ventures, led the financing. NFL quarterback Jameis Winston is also one of the first investors in the company. […]
Former Stimwave CEO convicted of healthcare fraud
The U.S. Justice Dept. announced last week that a jury found former Stimwave CEO Laura Perryman guilty of healthcare fraud. Damian Williams, U.S. Attorney for the Southern District of New York, last week announced the jury’s verdict. It found Perryman guilty on two counts of an indictment charging her with conspiracy to commit healthcare fraud and […]
Abbott is launching its latest Navitor TAVI system in the U.S.
Abbott is launching the latest generation of its Navitor heart valve technology in the U.S., according to one company official. In a post on LinkedIn, Chris Waddell, Abbott’s U.S. VP for transcatheter aortic valve implantation (TAVI), shared the news of the launch. The latest version — called the Navitor Vision — features a range of […]
BD names new president of BD Surgery
BD this week announced it appointed Rian Seger as president of BD Surgery, effective April 1. Seger will be responsible for driving the global strategic, operational and commercial performance of BD Surgery and will report to EVP and President of Interventional Rick Byrd. He replaces Brooke Story who is stepping down to focus on personal […]
GE HealthCare establishes foundation to advance access to care
GE HealthCare today announced the formation of a philanthropic entity to focus on advancing equitable access to healthcare. The company established the GE HealthCare Foundation as a charitable organization, incorporated separately from GE HealthCare itself. It supports nonprofit organizations hoping to make healthcare more accessible, personal, human and flexible. Ultimately, according to a news release, […]
Sooma raises $5.5M for depression-treating neuromod
Sooma Medical announced today that it raised €5 million ($5.5 million) to support its at-home brain stimulation technology. Nordic early-stage investor, Voima Ventures, led the funding round. Singapore-based Verge HealthTech Fund and existing investor Stephen Industries also participated. The funding marks a new phase of growth for Sooma in its mission, the company said in […]
Ascensia, Senseonics announce new CGM cost savings
Ascensia Diabetes Care and Senseonics today announced an extension to their Eversense Payment Assistance and Simple Savings (PASS) program. The program aims to help people in the U.S. access the Eversense E3 continuous glucose monitor (CGM) more affordably. It offers major savings for eligible individuals looking to experience the benefits of the long-term, implantable CGM. […]
GE HealthCare, Mass General bring AI to imaging
GE HealthCare announced today that it plans to expand its AI partnership with Mass General Brigham. The two began work on AI solutions after announcing a 10-year commitment in 2017. They set out to explore AI across a broad range of diagnostic and treatment paradigms through sustainable AI development. In September, they announced an effort […]
Philips, AWS expand partnership on digital pathology in the cloud
Philips today announced an expanded partnership with Amazon Web Services (AWS) based around digital pathology in the cloud. The two initially linked up about a year ago, inking a deal to develop generative AI applications. This partnership centered around Philips’ imaging archiving and communications system. It wasn’t the first time a medtech giant linked up […]
Roman to move out of CEO post at 3M, successor named
3M announced today that it selected William M. Brown to succeed Mike Roman as CEO. Brown’s appointment to the corner office goes into effect on May 1, 2024. Roman will shift to the role of executive chair of 3M’s board of directors with the same effective date. “Bill’s strong track record as a CEO for […]