3M announced last week that its board of directors approved the planned spinoff of Solventum, its Health Care business. Board approval further solidifies the company’s previously announced intent to spin Solventum into a standalone company on April 1. The St. Paul, Minnesota–based manufacturing giant first announced plans to spin off its Health Care unit in […]
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iRhythm closes offering worth more than $660M
iRhythm announced today that it closed an offering of senior notes worth gross proceeds of $661.25 million. The San Francisco-based cardiac monitor maker said earlier this week that it intends to offer $450 million in convertible senior notes. Approximately 17 hours later, it upsized that offering to a base of $575 million. San Francisco–based iRhythm […]
FDA clears Getinge’s cardiovascular surgery offering, company lanches new table, light in U.S.
Getinge this week announced a major FDA clearance and the beginning of a U.S. launch of multiple surgical tools. The Gothenburg, Sweden-based company won 510(k) clearance for its Vasoview Hemopro 3. This adds to the company’s portfolio of endoscopic vessel harvesting (EVH) solutions. Getinge said it designed the system with customer centricity top-of-mind. It hopes […]
Innovation Zed, Enhance-D collab on insulin dosing management
Innovation Zed announced this week that it entered into a strategic partnership with Enhance-D to optimize diabetes therapy. Switzerland-based Enhance-D develops a digital health platform for enhancing diabetes and exercise management. It designed its platform to empower people with diabetes through cutting-edge technologies and personalized solutions. Ireland-based Innovation Zed develops insulin dosing technology, including the […]
Myomo has a strong outlook for 2024 with new Medicare coverage
Myomo (NYSE:MYO) shares took a hit today on fourth-quarter results that came up short of the consensus forecast. Shares of MYO fell 10% to $3.16 apiece in mid-morning trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — ticked up 0.5%. The Boston-based wearable exoskeleton maker posted […]
Karl Storz launches surgical education tech for Apple Vision Pro
Karl Storz announced that it released the CollaboratOR 3D app for Apple Vision Pro to provide immersive surgical education. This marks yet another medtech application on Apple’s VR headset, with Siemens Healthineers and Stryker recently unveiling similar offerings. Karl Storz designed its application in tandem with software developer T1V to complement the functionality of OR1, […]
Medtronic launches intelligent data collection tech for spine surgery
Medtronic announced that it launched its UNiD ePRO service in the U.S. to provide electronic patient-reported outcomes (PROs) to spine surgeons. The medtech giant believes its service, created through a partnership with OBERD, could change patient outcome collection. With OBERD, a practice intelligence data collection company, Medtronic hopes to reduce the burden on clinical staff […]
Siemens Healthineers launches surgical planning app on Apple Vision Pro
Siemens Healthineers announced that it launched an app for surgical planning and medical education on the Apple Vision Pro. The Cinematic Reality app enables users to view immersive, interactive holograms of the human body captured through real-world medical scans. Surgeons, medical students or patients could use this technology. Visualizing through the app could assist in […]
Nanoflex Robotics announces first U.S. surgical robot installation
Nanoflex Robotics announced today that it installed its first remote-ready robotics system for neurovascular procedures in the U.S. The installation took place at The Jacobs Institute, a nonprofit medical device innovation center in Buffalo, New York. Zurich, Switzerland-based Nanoflex designed its robotic system with a compact magnetic field generator and a navigation control unit. These […]
Biobot Surgical secures $18M Series B for Mona Lisa surgical robot
Biobot Surgical announced today that it closed a Series B funding round worth $18 million to support its surgical robot. Tony Tan, a healthcare entrepreneur, led the round for the robotic-assisted transperineal biopsy and treatment company. Existing shareholder Zig Ventures also participated. Biobot plans to use the funds raised to accelerate its global expansion and […]
Roche unveils new CGM tech with predictive AI, outlines diabetes strategy
Roche today gave a presentation debuting its first continuous glucose monitor (CGM) offering that utilizes predictive AI. The company unveiled its Accu-Chek SmartGuide in an event at the Advanced Technologies & Treatments for Diabetes (ATTD) conference in Florence, Italy. It remains an investigational device not yet authorized for sale. Julien Boisdron, Roche Diabetes Care’s chief medical […]