The U.S. Department of Health and Human Services today issued guidance meant to better protect women’s health information as state abortion bans kick in after the U.S. Supreme Court’s overturning of Roe v. Wade. Despite the HHS actions, women may still wonder whether their health information is entirely safe going forward — a potential challenge […]
Smith+Nephew opens new plant in Malaysia
Smith+Nephew recently opened a 250,000-square-foot advanced manufacturing facility in Malaysia. Representing a more than $100 million investment, the plant will primarily support the British medtech giant’s orthopedics business, which the company expects to grow strongly in the Asia-Pacific region. S+N expects the facility — located at the Batu Kawan Industrial Park in Malaysia’s northwest state […]
How medical device companies are responding to abortion bans
Days after the U.S. Supreme Court’s decision to overturn Roe v. Wade’s protection of abortion rights, medical device companies are among those reassuring workers about healthcare access. Corporate communications to employees and the public at large come as trigger laws in nearly half of the states outlaw abortion immediately. Some medtech companies are not using […]
Boston Scientific to build new plant outside Atlanta
Boston Scientific (NYSE:BSX) will build a new manufacturing and supply chain facility in the Atlanta suburb of Johns Creek, Georgia Gov. Brian Kemp announced today. Kemp’s office said the $62.5 million investment will bring roughly 340 new jobs to the Peach State over the next seven years. “As home to some of the leading universities […]
Summer health technology program brings diverse group of interns to Silicon Valley
Diversity by Doing HealthTech (DxD) is holding a Summer Innovation and Exploration Series for college student interns from underrepresented groups. The series is on its second day today at Fogarty Innovation and Stanford Byers Center for Biodesign — the two organizations that jointly formed and support DxD. The event debuted last year in an online […]
Another Medtronic HVAD recall is serious
A year after Medtronic ceded the LVAD market to Abbott, it has yet another Class I recall involving HeartWare Ventricular Assist Device pumps still implanted in patients. The FDA today designated a Medtronic recall involving the HVADs as Class I, the most serious level. It’s the second Class I recall designation for the HVADs this […]
Abbott to open new offices in downtown Chicago
Abbott (NYSE: ABT) will open offices in the iconic Willis Tower in downtown Chicago, a company spokesperson confirmed to MassDevice. The company’s headquarters will stay in the northern suburbs, in Lake County, but the new downtown space will help accommodate flexible working arrangements for up to 450 Abbott employees, according to company spokesperson Scott Stoffel. […]
Outset Medical stock down on shipment hold news
Outset Medical (Nasdaq: OM) stock lost about a third of its value today — a day after the company said it was holding shipments of its Tablo hemodialysis system for home use. OM shares were down more than 34% to $13.46 apiece by the close of trading today. MassDevice‘s MedTech 100 Index, which includes stocks of […]
OrthoPediatrics buys Pega Medical for up to $33M
OrthoPediatrics announced today that it has agreed to acquire Pega Medical and its Fassier-Duval Telescopic Intramedullary System for osteogenesis imperfecta and other bone deformities. “Similar to OrthoPediatrics, the Pega organization has been focused exclusively on addressing unmet needs for children whose lives have been impacted by musculoskeletal disorders and diseases. Their product offerings include novel […]
New medical device user fees agreement passes House
The U.S. House last night voted 392-28 to pass Medical Device User Fee Amendments that reflect the latest agreement between the FDA and the medtech industry. The House bill on FDA amendments that passed, sponsored by Rep. Ann Eshoo (D-California), drew from the MDUFA V agreement between the FDA and medical device industry. It reauthorized […]
Oracle closes Cerner acqisition
Oracle Corp. (NYSE: ORCL) has closed on its previously announced $28.3 billion acquisition of Cerner as it seeks to transform the electronic health records experience. The software giant announced on June 7 that the majority of Cerner shares had been validly tendered. The deal closed yesterday. Cerner is a significant provider of digital information systems […]
