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The Medical Device Business Journal — Medical Device News & Articles | MassDevice

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Blog

How to design medtech clinical trials that deliver

March 25, 2025 By Scott Nelson

Transparent, well-designed clinical trials are a must. Here’s advice on how to get there. Scott Nelson, co-founder and CEO of FastWave Medical Dozens of medical devices annually make it onto the FDA’s list of the newest approved medtech. Yet, alongside this progress, the agency faces a stark reality: over the last decade, faulty devices have been […]

Filed Under: Blog, Business/Financial News, Clinical Trials, Featured Tagged With: Adona Medical, FastWave Medical, Instylla, Mainstay Medical, medsider, Procyrion, VenoStent

How you can achieve product-market fit in medtech

January 9, 2025 By Scott Nelson

In medtech, product-market fit can be key to keeping you out of the graveyard of once-promising startups. Scott Nelson, co-founder and CEO of FastWave Medical It’s incredibly rewarding to build in the medtech space, but some data suggests the average medical device requires $31 million to develop, with nearly three-quarters of that budget dedicated to […]

Filed Under: Blog, Business/Financial News, Featured Tagged With: Endiatx, FastWave Medical, medsider, New View Surgical, Retia Medical, Seek Labs, SpineX, startups

Steris reports strong Q1 on big gains in healthcare

August 1, 2023 By Jim Hammerand

Steris today reported first-quarter results that exceeded Wall Street’s expectations while upping guidance for the year ahead due to a recently announced acquisition. The Dublin, Ireland-based provider of sterilization services and other infection prevention tech posted profits of $123.6 million in the quarter ended June 30, 2023. That amounts to $1.25 per share on sales […]

Filed Under: Blog, Business/Financial News, Dental, Wall Street Beat Tagged With: Applied Sterilization Technologies, Steris

Masimo makes an offer in board election fight with Politan

June 2, 2023 By Jim Hammerand

Masimo today promised to accept one of the board members proposed by Politan Capital Management under certain conditions while taking more shots at the activist investor’s leader. The device developer said it would appoint former Johnson & Johnson MedTech executive Michelle Brennan to the board if shareholders voted to expand it from five members to […]

Filed Under: Blog, Business/Financial News, Featured, News Well, Patient Monitoring Tagged With: Masmio, Politan Capital Management

Masimo management trades blows with activist investor Politan

May 31, 2023 By Jim Hammerand

The fight for two seats on the Masimo board is heating up ahead of the medtech developer’s annual shareholder meeting next month. Masimo management and activist investor Politan Capital Management released dueling presentations over the last 24 hours in support of their respective director nominees. Previously: Masimo beats the Street in Q1 ahead of proxy […]

Filed Under: Blog, Business/Financial News, Featured, News Well, Patient Monitoring Tagged With: Masimo, Politan Capital Management

Philips shareholders vote against relieving management of liability

May 11, 2023 By Jim Hammerand

Royal Philips shareholders voiced their displeasure with management’s handling of the company’s massive respiratory device recall at the annual meeting this week. Shareholders voted down a proposal to relieve the board of management of liability, keeping the potential for investor lawsuits related to the Philips Respironics recall on the table. “This follows the voting guidance […]

Filed Under: Blog, Business/Financial News, Featured, Legal News, News Well Tagged With: Philips, Royal Philips

Butterfly Network shares slide on Q1 results

May 11, 2023 By Jim Hammerand

Butterfly Network (NYSE:BFLY) shares dropped today on first-quarter results that fell short of sales expectations. Shares of BFLY dropped 16% to $1.88 apiece in morning trading today. MassDevice‘s MedTech 100 Index, which includes stocks of the world’s largest medical device companies, was relatively flat at the same time. The Burlington, Massachusetts-based handheld ultrasound technology maker posted […]

Filed Under: Artificial Intelligence (AI), Blog, Business/Financial News, Imaging, Ultrasound, Wall Street Beat Tagged With: Butterfly Network

Steris beats the Street on Q4 earnings and increases guidance

May 10, 2023 By Jim Hammerand

Steris (NYSE:STE) today reported fourth-quarter results that exceeded Wall Street’s expectations while upping guidance for the year ahead. Shares of STE climbed 4% t0 $197 apiece in after-hours trading. MassDevice‘s MedTech 100 Index, which includes stocks of the world’s largest medical device companies, was flat on the day. The Dublin, Ireland-based provider of sterilization services and […]

Filed Under: Blog, Business/Financial News, Dental, Wall Street Beat Tagged With: Applied Sterilization Technologies, Steris

Telepresence technology is accelerating medical device development while broadening and deepening relationships between medtech and customers

May 10, 2023 By Jim Hammerand

An expanding customer base, rapidly advancing technology and intense cost pressures are driving medtech companies to use surgical telepresence to cost effectively meet customer needs, enhance customer relationships, develop new products faster and empower healthcare providers to raise the standard of care. By Daniel Hawkins, Avail Medsystems The medical technology industry is relentlessly challenged to […]

Filed Under: Blog, Digital Health, Health Technology, Surgical Tagged With: Avail Medsystems, Digital Health, Telehealth

Masimo beats the Street in Q1 ahead of proxy fight; CEO discusses Apple mistrial

May 9, 2023 By Jim Hammerand

Masimo reported Street-beating first-quarter results and maintained its full-year 2023 guidance ahead of a proxy battle at the annual meeting of shareholders. Investors reacted by sending MASI shares up 1% to $186.50 apiece in after-hours trading today. MassDevice‘s MedTech 100 Index, which includes stocks of the world’s largest medical device companies, was down slightly. The […]

Filed Under: Blog, Business/Financial News, Diagnostics, Digital Health, Featured, News Well, Wall Street Beat Tagged With: Apple, Masimo

Stryker completes acquisition of Cerus Endovascular

May 2, 2023 By Danielle Kirsh

Stryker today announced it completed the acquisition of Cerus Endovascular. The financial details of the deal were not disclosed. Cerus Endovascular designs and develops neurointerventional devices for the treatment of intracranial aneurysms. Cerus Endovascular’s CE marked products, the Contour Neurovascular system and Neqstent could assisted flow diverter, will expand Stryker’s portfolio of aneurysm treatment solutions. […]

Filed Under: Blog Tagged With: Cerus Endovascular, Stryker

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