CHF Solutions (NSDQ:CHFS) announced today that it submitted a patent application for a new advance to its Aquadex SmartFlow system. Eden Prairie, Minn.-based CHF Solutions develops Aquadex SmartFlow consoles for removing excess fluid from patients suffering from hypervolemia (fluid overload), which have recently been in demand due to capabilities in treating patients with COVID-19. Get the full […]
Stryker launches a smart hospital bed
Stryker (NYSE:SYK) announced this week that it launched the ProCuity wireless smart hospital bed to improve efficiency and safety while lowering costs. The intelligent bed was designed to help reduce in-hospital patient falls at all acuity levels while also improving nurse workflow efficiencies and safeties at lesser cost to the hospital. Stryker said in a news […]
Amazon, Onica to support digital health for Teva’s Digihaler
Teva Respiratory (NYSE:TEVA) announced that it is collaborating with Amazon Web Services (AWS) and Onica to build and host its digital health platform. The Teva Pharmaceuticals affiliate’s digital health platform is a cloud-based backend data system designed to support its FDA-approved Digihaler portfolio of breath-actuated digital inhalers and its companion mobile app that tracks inhaler events […]
Cala Health wins FDA breakthrough nod for tremor treating therapy
Cala Health announced today that it received FDA breakthrough device designation for its Cala Trio treatment for action tremors in people with Parkinson’s disease. Burlingame, Calif.-based Cala Health’s Cala Trio is FDA cleared to relieve hand tremors from essential tremor (ET), but the company is now nearing the initiation of clinical trials to evaluate the […]
Applied VR gains FDA breakthrough device nod
AppliedVR announced that it received FDA breakthrough device designation for its fibromyalgia and lower back pain treatment. Los Angeles-based AppliedVR’s EaseVRx product is designed to treat treatment-resistant fibromyalgia and chronic intractable lower back pain. With the breakthrough nod, EaseVRx is now one of the first virtual reality (VR) digital therapeutics to earn that designation for treating […]
How much is COVID-19 affecting procedure volumes for medtech?
UBS Financial Services released a report detailing how it expects medtech procedures to potentially keep dipping during the COVID-19 pandemic. The report highlighted a quicker-than-expected recovery in the second quarter after U.S. hospitals began canceling, delaying and deferring elective procedures in late March as the pandemic took hold. However, UBS still expects third-quarter medical procedures […]
Danaher slightly down before hours despite Street-beating Q3
Danaher (NYSE:DHR) shares were slightly down before hours today on third-quarter results that beat the consensus forecast. The Washington, D.C.-based company posted profits of $883.5 million, or $1.16 per share, on sales of $5.9 billion for the three months ended Oct. 2, 2020, for a 32.3% bottom-line gain on sales growth of 34.4%. Adjusted to exclude […]
Align Technology skyrockets after hours on strong Q3
Align Technology (NSDQ:ALGN) shares shot straight up after hours today on third-quarter results that beat the consensus forecast. Shares of ALGN were up 25.1% at $420.01 per share after the market closed tonight. The San Jose, Calif.-based company posted profits of $139.4 million, or $1.76 per share, on sales of $734.1 million for the three months […]
Edwards reports better-than-expected Q3 results
Edwards Lifesciences (NYSE:EW) shares hardly moved after hours on third-quarter results that came in ahead of the consensus forecast. The Irvine, Calif.-based company posted profits of $325.2 million, or 52¢ per share, on sales of $1.14 billion for the three months ended Sept. 30, 2020, for an 18.4% bottom-line gain on sales growth of 4.3%. Adjusted […]
FDA clears Aidoc triage of incidental pulmonary embolism
Aidoc announced today that it received FDA clearance for the commercial use of its triaging algorithms for pulmonary embolism. New York-based Aidoc’s triaging and notification algorithms designed to flag and communicate incidental pulmonary embolism offers increased efficiency in prioritizing incidental critical conditions through artificial intelligence (AI), according to a news release. The technology offers an […]
Acuitive Technologies wins FDA clearance for tendon interference screw system
Acuitive Technologies announced today that it received FDA 510(k) clearance for its CitreLock interference screw system. CitreLock with CitreGen material technology, a next-generation thermoset bioresorbable synthetic polymer, is designed to attach tissue during orthopedic surgeries, including the fixation of ligaments or tendon graft tissue repairs of the shoulder, elbow, wrist, hand, knee and foot extremities, […]
