Medtronic officials want the world’s largest medtech company to do more than just make medical devices: They want to help manage chronic diseases. Here are thoughts from the VP helping to lead the shift. Medtronic executive Sheri Dodd had a cousin — one of only four — die from Type 2 diabetes complications at the age […]
HHS proposes regulatory changes to promote value-based payment arrangements
UPDATED Oct. 9, 2019, with comments from press briefing in Minneapolis. The U.S. Department of Health and Human Services today proposed what it’s describing as a modernization of the physician self-referral law in order to promote value-based healthcare. The proposed regulatory changes, which are heading into a 75-day public comment period, say the physician self-referral […]
Human trials could start soon on Adam’s 3D printed bone grafts
Adam — a young company with technology to 3D print bone grafts made out of ceramic bioglass and modified biopolymer — said today that it expects first human trials to start by the end of the year. Officials at the Groton, Conn.– and Odessa, Ukraine–based company expect preclinical trials to finish this month. The Adam […]
DeviceTalks Minnesota 2019: Exhibitor insights you need to know
There were a host of medtech insights to be gained on the exhibitor floor of DeviceTalks Minnesota in September, from LVAD innovations at Abbott to cybersecurity tips from Green Hills Software to Xometry’s use of AI to help device makers secure better 3D printing and other manufacturing processes. Check out what editor Chris Newmarker discovered […]
Could this new Stratasys 3D printer improve medical device validation?
Stratasys (NSDQ:SSYS) today announced the launch of its J750 Digital Anatomy 3D printer, meant to replicate the feel, responsiveness, and biomechanics of human anatomy in medical models. Stratasys officials think the new printer will reduce the need to use human cadavers and animals for medical device testing and validation. There could also be a market to […]
Millstone Medical Outsourcing expanding in Massachusetts
Millstone Medical Outsourcing has broken ground on a 56,385-square-foot facility at its Fall River, Mass. headquarters campus. The new building, with planned completion in the second quarter of 2020, will expand Millstone’s headquarters campus to a total of 124,367 square feet of production space, including the company’s existing 15,000 square feet of class 10,000/ISO7-rated cleanroom […]
6 medtech innovations out of Mayo Clinic you need to know
The Mayo Clinic over the past century has pioneered everything from heart-lung machines to patient monitoring to high-speed CT scanning. As one of the most respected nonprofit academic medical centers in the world, the Mayo Clinic continues to innovate. A major center of innovation at the Rochester, Minn.–based practice is its Division of Engineering, where […]
Could the U.S.-China trade war stifle medical device innovation?
Makers of high-value medical devices such as MRI machines will likely swallow the cost of the U.S.-China trade war, but that means cutting R&D and other costs, according to a new report from Frost & Sullivan. The report — “U.S.-China Tariff War Implications for the Healthcare Industry” — also predicts that when it comes to […]
Report: Most medical device makers not ready to meet E.U. MDR deadline
Only about a fourth of medical device companies plan to be fully compliant with the European Union’s new Medical Device Regulation when it goes into effect on May 26, 2020, according to a new survey from the Regulatory Affairs Professionals Society (RAPS) and KPMG. The survey — which closed in late June and was released […]
Medtronic finally unveils its new robot-assisted surgery system
Medtronic (NYSE:MDT) claims it has a new robot-assisted surgery platform that is more flexible and cost-effective than systems presently on the market. That appeared to be the message out today from the world’s largest medical device company as it unveiled its much-awaited Hugo RAS system. The system is Medtronic’s answer to a growing market that remains […]
How can medical device companies thrive in the future?
Medical device data is becoming more important than the hardware itself, so medtech companies need to forge a partnership with consumer technology companies to stay innovative, according to a new report from Deloitte. The Deloitte report — called “Winning the Future of Medtech” — came out yesterday in advance of next week’s AdvaMed MedTech Conference […]