GlobalData analysts anticipate FDA approval for the JenaValve Trilogy TAVR device designed to treat aortic regurgitation (AR) this year. In a report, GlobalData says it expects the FDA to approve the transcatheter aortic valve replacement (TAVR) device by late 2025. TAVR currently serves as an option to treat aortic stenosis (AS). Expanding its indications to […]
Emerging Markets
Analysts see $400B BCI opportunity
Morgan Stanley analysts are betting big on brain-computer interface (BCI) technology as the hype continues to grow around the space. Kallum Titchmarsh, Adam Jonas, Patrick A. Wood, Drew Ranieri, Jakob Dodd, Roberto Valdes Sanchez Navarro and Justin X. Wang of Morgan Stanley recently released a report questioning if BCIs are “The Next Big MedTech Opportunity?” […]
‘A safe pair of hands’ — Medtech’s investment in Ireland continues to grow
Medtech established its presence in Ireland many years ago and still, companies continue to invest in the ever-growing country. Boston Scientific established operations in Ireland in 1994, while Abbott has more than 70 years in the country. Medtronic, now officially headquartered in Dublin, has spent more than 40 years in Ireland and even hosted its […]
Medical Microinstruments expands global footprint to Asia Pacific market
Medical Microinstruments announced today that it inked distribution agreements covering nearly a dozen countries in the Asia Pacific region. The company aims to continue its global momentum with a new footprint expansion in APAC. Its first partnership, struck with Device Technologies, helps bring its surgical robot to a number of countries. This brings the Symani […]
How can medtech companies innovate their business models?
In an ever-changing medtech space, how do companies keep up with the pace of change? How do companies adjust and innovate their business models to reflect that? Leaders from some of medtech’s biggest names attempted to answer some questions around that at AdvaMed’s The MedTech Conference yesterday. (Want to find out more? Leaders from major […]
Report: Boston Scientific to open first China factory in Shanghai
According to reports, U.S.-based medtech company Boston Scientific says it intends to open its first factory in China. Reuters reported that Boston Scientific shared the news in a statement on its WeChat social media account. The report said the company shared its interest in expanding regional production in supply chains. Its factory will be in […]
The top 10 medtech news trends of 2022
In this episode, your diligent team of DeviceTalkers assembled to review our top 10 medtech news trends. It’s our 2022 Newmarker’s Newsmakers! Executive Editor Chris Newmarker, Pharma Editor Brian Buntz, Managing Editor Jim Hammerand, Senior Editor Danielle Kirsh and Associate Editor Sean Whooley joined me, DeviceTalks Editorial Director Tom Salemi, for the latest DeviceTalks podcast. […]
Why are so many medical device companies making big investments in Ireland?
Ireland’s foreign direct investment agency has some of the biggest names in medtech investing in the country. Within recent years, a number of major medtech companies celebrated anniversaries. Abbott’s was 70 years, Medtronic’s was 40 and Boston Scientific’s was 25. That’s how long those companies have operated in Ireland. Gerard Kilcommins, Medtronic VP of global […]
Cardinal Health starts Zipline drone deliveries of drugs and medical supplies
Cardinal Health (NYSE: CAH) today started air delivery of pharmaceutical products and medical supplies via Zipline drone in North Carolina. San Francisco-based Zipline won FAA Part 135 air carrier certification for the long-range flights earlier this month. The company flew its first commercial deliveries on June 22 with an initial 16-nautical-mile flight. The flights starting today […]
Olympus announces $50M medtech venture capital fund
Olympus (TYO:7733) announced that it established Olympus Innovation Ventures to invest in medtech startups. Tokyo-based Olympus, which has its U.S. headquarters in Center Valley, Pennsylvania, said in a news release last week that the venture fund will invest in pioneering startups. Olympus wants the money to go toward startups seeking to improve clinical outcomes, reduce […]
SVB Leerink analysts expect Abbott to gain share on Boston Scientific’s Watchman
Analysts believe Abbott (NYSE:ABT) may gain traction on Boston Scientific’s (NYSE:BSX) Watchman in the left atrial appendage closure (LAAC) space. The second LAAC survey commissioned by SVB Leerink, which compared information from electrophysiologists to information from interventional cardiologists in the previous survey, pointed to the deceleration of Watchman volume expectations from double-digit growth in 2021-2022 […]
