From FDA approvals to business expansion plans, here are 7 medtech stories we missed this week but thought were still worth mentioning. 1. BioTelemetry launches offer to acquire LifeWatch BioTelemetry and LifeWatch announced in an April 9 press release that the 2 companies have entered a transaction agreement that states BioTelemetry will launch a tender offer […]
MedTech
Star Trek tricorder: This may be the best we can do – for now
They don’t diagnose diseases with a few waves of the hand, the way that Dr. Leonard McCoy would with his tricorder on Star Trek. But 2 mobile platforms – algorithms and sensors paired with smart devices – nearly met the Qualcomm Tricorder XPrize’s audacious benchmarks for diagnosing 13 disease states. In the process, a Philadelphia area team […]
These 7 virtual reality companies want to innovate healthcare
Virtual reality is no longer just for pilots to simulate flying – or for more realistic gaming experiences. Virtual reality is helping to shape the healthcare industry by offering immersive programs to help train surgeons and students for a variety of surgical procedures. Surgeons can train for different surgical procedures, and clinicians are also using […]
Real-world evidence for medtech: what you need to know
Real-world evidence for medical devices has generated a lot of attention in medical device circles since FDA issued guidance about it last summer. The 21st Century Cures Act, passed by Congress in late 2016, actually promotes real-world evidence. The practice offers a way for a medtech company to prove safety and efficacy without necessarily having […]
7 medtech stories we missed this week: April 7, 2017
New studies for umbilical cord allografts and tumor targeting were published this week while another company received European CE Marking. Here are some medtech stories we missed this week but thought were still worth mentioning. 1. AMNIOX touts new umbilical cord study AMNIOX Medical announced that it has published the results of 3 studies that demonstrate […]
These big medtech names performed the best in early 2017
Fink Densford, Associate Editor and Chris Newmarker, Managing Editor This year so far has been an especially good one for medical device company stocks. More than four-fifths of the world’s 100 largest medical device companies saw their stock values increase during the first quarter of 2017 – about half enjoyed double-digit percentage increases, according to an analysis […]
This contact lenses breakthrough could enable glucose monitoring
Biosensing contact lenses may not be able to self-heal like “The Terminator,” but they could measure blood glucose and detect other signs of disease in the future. Oregon State University researchers are set to present a study that suggests transparent biosensors that are embedded into contact lenses could provide insight for doctors and patients without […]
Concordance Healthcare Solutions acquires Rockwell Medical Supply
Concordance Healthcare Solutions announced today that it has acquired Rockwell Medical Supply. The financial details of the acquisition were not immediately available. The deal marks further expansion for Concordance, which is already one of the largest, independent healthcare distributors in the U.S. It has distribution centers across the country and serves two-third of the healthcare […]
Off-label use and medical devices: Here’s what you need to know
Promoting off-label use of a medical device – a use not included on a device’s indication with FDA – has become a dangerous practice for medtech insiders, with some facing potential prison time for alleged off-label advertising. But it is still possible to promote off-label use, if you know the rules, says Michael Drues, a […]
Nelipak acquires Computer Designs
Nelipak said today that it has closed on its buy of thermoforming company Computer Designs (Whitehall, Pa.), which Nelipak will operate under the Nelipak Healthcare Packaging name. Financial terms of the deal were not disclosed. Computer Designs makes thermoformed rigid packaging including trays, clamshells, and blisters, with manufacturing facilities in Pennsylvania, North Carolina, Arizona and Puerto […]
7 medtech stories we missed this week: March 31, 2017
This week we saw a few FDA 510(k) clearances and one of the 1st uses of a next-generation surgical robot in Asia. Here are 7 medtech stories we missed this week but thought were still worth mentioning: 1. Corindus touts first Asian use of next-generation robot Corindus Vascular Robotics announced in a March 31 press […]