Becton, Dickinson & Co. today named Dr. Ronald “Ron” Silverman as EVP and chief medical officer. He replaces BD Chief Medical Officer Dr. William Sigmund, who announced plans to retire from BD earlier this year. The change takes effect Dec. 4, 2023. Silverman comes from 3M Health Care, where he served as SVP and chief medical […]
FDA approves Medtronic’s Symplicity Spyral renal denervation system
Medtronic today announced FDA approval of its Symplicity Spyral renal denervation (RDN) system for treating hypertension. [Update: Read more of our coverage from the weeks following the approval, including Medtronic’s lessons learned, what’s next for the technology, and other potential applications.] A Medtronic spokesperson said the device developer received word from regulators Friday evening. Medtronic […]
Henry Schein confirms data breach, details financial impact of cyberattack
Henry Schein warned customers and suppliers today that their sensitive information may have been exposed in a cyberattack. The medical device manufacturer and distributor first disclosed the cyber security incident on Oct. 15. Then, this month, a ransomware gang known as BlackCat/ALPHV said they encrypted the company’s systems and stole 35 TB of sensitive data. […]
Cyber gang threatens to release Henry Schein data in ransomware attack
A cyberattack group known as BlackCat is threatening to release Henry Schein data unless the medical device manufacturer and distributor pays a ransom. BlackCat (also known as ALPHV, both named after the ransomware of the same name) said they’ve encrypted Henry Schein’s systems after failed negotiations with Coveware, which describes itself as “ransomware recovery first […]
Inari Medical plans to buy LimFlow Medical for up to $415M
Inari Medical today announced a definitive agreement to purchase LimFlow Medical for up to $415 million. The deal comes just weeks after Paris-based LimFlow won FDA premarket approval (PMA) for its breakthrough system to treat chronic limb-threatening ischemia (CLTI). San Jose, California–based Inari said it expects to complete the acquisition by the end of 2023. […]
Ashley McEvoy’s J&J exit means new leadership for AdvaMed board
Former Johnson & Johnson EVP and Johnson & Johnson MedTech Worldwide Chair Ashley McEvoy will step down as the chair of the Advanced Medical Technology Association (AdvaMed) board of directors. That’s according to an AdvaMed spokesman, who couldn’t yet say when McEvoy would step down or whether anyone has been tapped to serve the rest […]
Who is Tim Schmid, Johnson & Johnson MedTech’s new leader?
Tim Schmid is the new worldwide chair of Johnson & Johnson MedTech and Johnson & Johnson EVP following Ashley McEvoy’s announcement today that she plans to resign from the world’s second-largest medical device manufacturer. “We are pleased to have the depth of talent at Johnson & Johnson that allows us to transition to Tim, a […]
Johnson & Johnson MedTech Chair Ashley McEvoy announces resignation
Johnson & Johnson MedTech Worldwide Chair Ashley McEvoy plans to leave the world’s second-largest medical device manufacturer, she and J&J said today. After 27 years with J&J — starting in consumer products and rising to the position of EVP and head of the company’s medical devices group — McEvoy gave her notice on Friday “to pursue […]
Intuitive leaders weigh in on GLP-1 drugs and surgical robotics procedures
Intuitive Surgical executives say they see benefits to their business from GLP-1 weight loss drugs, even if investors aren’t quite so sure. Intuitive’s stock slid in after-hours trading today after the company posted Q3 results that exceeded analysts’ expectations on profits but fell short on sales. Even if they had beat The Street on both […]
Intuitive stock drops on mixed Q3 financial results
Intuitive Surgical stock declined after the surgical robotics developer missed on revenue for the third quarter but beat analysts’ expectations on profit. Shares of ISRG dropped 8% to $251 in after-hours trading today when Intuitive released the results. (Update: The stock was down about 3% Friday morning, trading around $264.) MassDevice’s MedTech 100 Index — […]
Mayo Clinic is using Asensus surgical robotics for pediatric cases
Asensus Surgical (NYSE:ASXC) named Mayo Clinic as the previously unidentified hospital customer that has leased the company’s surgical robotics system for pediatric cases. The Mayo Clinic Hospital at the Saint Marys Campus in Rochester, Minnesota, is already using the Asensus Senhance system for pediatric operations, the device developer said in a recent regulatory filing. Research […]