Edwards Lifesciences (NYSE:EW) shares are recovering a bit today — a day after the stock took a nearly 5% slide after a Jefferies report suggested a potential step down in TAVR sales in December. The Jefferies model showed a sharp step down in December growth (–2% to +3%) from October and November (+27–28%). The result was […]
Johnson & Johnson planning a robotic surgery reveal in May
Johnson & Johnson (NYSE:JNJ) appears to be preparing a preview of its robotic and digital surgery plans at a Medical Device Business Review Day that the company is planning May 13 in New York City. “We think it will provide a very clear, transparent kind of tangible evidence of not only the machines but also the […]
Outgoing Medtronic CEO Ishrak to chair Intel’s board
Omar Ishrak — slated to step down as CEO of Medtronic (NYSE:MDT) in April — is now the independent chair of the board at tech giant (NSDQ:INTC). Ishrak replaces Andy Bryant, who plans to retire from Intel’s board in May. “I have full confidence in Omar leading the board, which is fortunate to have his expertise […]
FDA clears Verily Study Watch for additional capabilities
Verily, Google’s life science’s sister company under Alphabet (NSDQ:GOOGL), has received an FDA 510(k) clearance to include an irregular pulse monitor in its Study Watch wearable. The FDA announcement, last updated Jan. 20, did not include additional information. The agency cleared ECG capabilities on the Study Watch in January 2019. Launched in April 2017, the Study […]
Invo Bioscience signs Indian distribution deal
Invo Bioscience (OTCQB:IVOB) recently announced that it has inked a joint venture with Medesole Healthcare and Trading Private Limited to market and distribute the InvoCell in vivo fertility system in India. The joint venture will be called Medesole Invo Bioscience India Private Limited and is expected to open and operate dedicated InvoCell clinics only in India, […]
TransEnterix scores another leasing agreement for Senhance robot
TransEnterix (NYSE:TRXC) this week announced that the Klinikum Esslingen hospital near Stuttgart, Germany, has agreed to lease a Senhance robotic surgery system — the third leasing agreement in about three months for the company. Leasing robot-assisted surgery systems instead of selling them is an important strategic shift for TransEnterix as it seeks a turnaround in 2020. […]
Johnson & Johnson misses the mark on Q4 revenue
Johnson & Johnson (NYSE:JNJ) today reported fourth-quarter earnings that beat the consensus forecast on Wall Street, but its sales numbers were slightly off amid declining medical device revenue. The New Brunswick, N.J.–based pharmaceutical, medical device and consumer products giant reported profits of $4.0 billion, or $1.50 per share, on sales of $20.7 billion for the three […]
BREAKING: Medtronic wins FDA approval for Micra AV
Medtronic (NYSE:MDT) has won FDA approval for its Micra AV — greatly expanding the number of people who could potentially benefit from leadless pacemaker technology. The medical device giant plans to start offering the Micra AV in a limited number of implanting centers in the coming weeks, with a full launch expected in the spring. FDA […]
Phoenix Children’s Hospital to deploy Medtronic neurosurgery robot
Phoenix Children’s Hospital will be the first health system in the U.S. to deploy the newly FDA-cleared Medtronic Stealth Autoguide platform to perform robotic neurosurgery on pediatric patients. The Barrow Neurological Institute (BNI) at Phoenix Children’s will use Stealth Autoguide with Medtronic’s StealthStation system. The hospital expects procedures to start later this month, according to […]
Masimo to acquire NantHealth’s connected care business
Masimo (NSDQ:MASI) will pay $47.25 million upfront to acquire the connected care business of Culver City, Calif.–based NantHealth (NSDQ: NH), the company said today. NantHealth’s connected care business provides medical device interoperability to hospitals and health systems, with products including DCX device connectivity (formerly known as DeviceConX), VCX patient vitals software (formerly known as VitalsConX), the […]
TransEnterix wants to use more AI in surgical robotics: Here’s how
TransEnterix (NYSE:TRXC) has filed a 510(k) submission to add an artificial intelligence feature to its robot-assisted surgery system in which the system can automatically move the camera for a surgeon. Surgeons have been able to move the camera on TransEnterix’s Senhance System via eye sensing. But the new Intelligent Surgical Unit would allow a surgeon, for […]
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