A "smart" prosthetic foot and ankle system uses microprocessor technology and a smartphone app that allows the device to adjust to a user's needs by responding to the environment or taking orders directly from the patient.
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Orthocare Innovation's Magellan Microprocessor Foot Ankle System, a "smart" prosthetic that uses microprocessor computer control to automatically adjust for various types of activities and terrain, also features a smartphone app that allows users to adjust features of the prosthetic without needing to visit their doctors' offices.
The app also records activity that can then be shared with a physician or care provider monitoring the device, according to the video.
Cook Medical still chasing device tax repeal
Cook Medical president Kem Hawkins told reporters that he will "not give up" the fight to repeal the 2.3% medical device tax that took effect on January 1, which will cost Cook an estimated $20 million this year.
Here's a look at some of the top funding stories for medical device companies this week.
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