Corvia Medical’s atrial shunt device did not reduce heart failure rates or improve health status in a 626-patient study published on The Lancet’s website. The REDUCE LAP-HF II results appear to be bad news for Tewksbury, Massachusetts-based Corvia — as well as Edwards Lifesciences, which agreed in 2019 to pay $35 million for the rights […]
Warren secures ethics commitments from Califf
Sen. Elizabeth Warren, D-Massachusetts, announced today that she has secured what she described as significant ethics commitments from FDA Commissioner nominee Dr. Robert Califf. In a letter dated Jan. 27 to Warren, Califf made several promises as he seeks to secure Democratic votes for his Senate confirmation: He’ll recuse himself from matters involving his former […]
Super bright X-rays offer insights into how COVID-19 damages the lungs
An international team has used super-bright X-rays to capture intricate details of COVID-19 lung damage — and much more. Their technique — called Hierarchical Phase-Contrast Tomography (HiP-CT) — relies on X-rays from the European Synchrotron Research Facility particle accelerator in Grenoble, France. Following its Extremely Brilliant Source upgrade (ESRF-EBS), European Synchrotron can produce X-rays 100 […]
Stryker earnings miss by a penny in Q4
Stryker (NYSE:SYK) posted mixed fourth-quarter results, with the COVID-19 omicron variant pressuring elective procedure volumes in December. The Kalamazoo, Michigan–based ortho device giant reported profits of $662 million, or $1.73 per share, on sales of $4.701 billion for the three months ended Dec. 31, 2021. The results, posted yesterday evening, represented a bottom-line gain of […]
How Phillips-Medisize helped Sotech Health develop a breath analyzer for COVID-19
Medtech contract manufacturing giant Phillips-Medisize used its human-factors product design expertise to help startup Sotech Health create what the companies claim is a breath sensor system that can detect COVID-19 in less than 30 seconds. Dallas-based Sotech Health has submitted the device to the FDA for an emergency use authorization. It’s also seeking regulatory nods in Canada, […]
Smart bone growth company Intelligent Implants announces CEO
Digital medicine and orthopedics startup Intelligent Implants announced that it has brought on Benjamin A. Hertzog as its CEO Hertzog was most recently Entrepreneur in Residence with Johnson and Johnson’s Center for Device Innovation at the Texas Medical Center. He previously was founding CEO of catheter-deployed heart pump developer Procyrion, which he led through a […]
BioVentrix expands heart failure treatment portfolio with MateraCor acquisition
BioVentrix announced today that it has acquired MateraCor, a company developing injectable alginate-based hydrogel to treat heart failure. San Ramon, Calif.–based BioVentrix is a privately held medical device company focused on less invasive therapies to treat the left ventricle. The financial terms of the deal were not disclosed. “This is an exciting time for BioVentrix […]
Philips launches at-home, 12-lead ECG for clinical trials
Royal Philips (NYSE: PHG, AEX: PHIA) announced today that it is expanding its remote cardiac monitoring portfolio with a patch-based, clinical-grade ECG. The new at-home electrocardiogram monitors could reduce the need for site visits during clinical trials, according to the Dutch medtech giant. At-home ECG is a hot space: iRhythm Technologies CEO Quentin Blackford recently […]
NextKidney buys Dialyss to support its home hemodialysis system
NextKidney recently announced that it has acquired Dialyss to boost the development of its portable Neokidney hemodialysis device. The financial terms of the deal were not disclosed. Singapore-based Dialyss specializes in technologies for the sorbent-based regeneration of dialysate during home dialysis. “Joining forces with Dialyss Pte Ltd will bring Neokidney BV in the best position […]
Zimmer Biomet’s ZimVie spinnoff moves forward
Zimmer Biomet (NYSE: ZBH) announced today that it has filed a Form 10 registration statement with the SEC as it moves forward with the spinoff of its spine and dental businesses. The new 2,600-employee company will be called ZimVie, with headquarters in Westminster, Colorado. There is no exact date of when the deal will close […]
IBM to sell Watson Health assets
IBM (NYSE: IBM) announced today that it will sell healthcare data and analytics assets from its Watson Health business to Francisco Partners. Financial terms were not disclosed for the deal, expected to close in the second quarter of this year subject to customary regulatory clearances. But Bloomberg cites people familiar with the plans saying that […]