A week after topping pre-pandemic highs, the medtech industry’s stocks were brought back down to earth in quick fashion. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week at 89.03 (Sep. 11), marking a -0.3% dip from the 89.29 points registered at the end of the […]
COVID-19 antibody test shows promise in NIH-funded study
Researchers at The University of Texas at Austin are touting an accurate antibody test for COVID-19 with lower costs than those currently in use. According to a news release, the test, developed in collaboration with Houston Methodist and other institutions, is more accurate than the standard antibody tests in use right now and can handle […]
Everything you need to know about medical device creation
Medtech development is hard. Medical device creation can require manufacturing know-how in areas as wide-ranging as electrical components, high-performance polymers, molding and machining – and that doesn’t even include the required expertise in design, regulatory requirements and achieving reimbursement. The good news is that the companies serving the medical device industry have become specialized experts. […]
Imec, Ghent University tout artificial iris in smart contact lens
Imec and Ghent University are touting an artificial iris embedded in a smart contact lens for treating human eye iris deficiencies. With partners at the Instituto de Investigación Sanitaria Fundación Jiménez Diaz in Madrid, along with the Holst Centre in the Netherlands, Imec and Ghent presented the artificial iris as a device that is tunable through […]
MedTech 100 roundup: Stocks top pre-pandemic high
After weeks of flirting with the heights hit before COVID-19 ravaged the markets, medtech stocks finally topped the pre-pandemic high last week. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — spiked up to 93.11 points on Sep. 2, nearly a full point ahead of the pre-pandemic high of […]
How decontamination could solve the COVID-19 mask shortage problem
With cold and flu season rapidly approaching, public health officials worry about a resurgence of COVID-19 and personal protective equipment shortages. Protecting frontline workers will likely include decontaminating face masks. A spike in COVID-19 cases this fall and winter could leave healthcare facilities with renewed shortages of personal protective equipment — particularly masks. Hundreds of […]
These researchers adapted a stroke patient device for COVID-19
Designed to detect speech and swallowing problems, the device has found a new use in tracking cough frequency to alert healthcare providers that frontline workers may need to be tested for SARS-COV-2. Researchers in Chicago have adapted a flexible patch they developed to monitor stroke patients for swallowing trouble to help detect symptoms of COVID-19. […]
7 technologies to make a ‘new Medtronic’ even more powerful
It’s been four months since Geoff Martha took over the corner office at Medtronic (NYSE:MDT), and it’s becoming clear that he has ambitious plans for the world’s largest medical device company. During the company’s Q1 earnings call on Aug. 25, Martha said management in the coming weeks plans to outline plans for a “new Medtronic” that […]
Report: Top FDA official vows to quit if vaccine approved prematurely
A top FDA official has threatened to resign if the Trump administration moves too quickly to approve a vaccine for COVID-19, according to a published report. Peter Marks, director of the agency’s Center for Biologics Evaluation and Research (CBER), made the threat over concerns a vaccine would be approved without being proven safe and effective, […]
FDA grants EUA to convalescent plasma
The FDA yesterday granted emergency use authorization (EUA) for investigational convalescent plasma in treating hospitalized COVID-19 patients. According to the FDA, the product may be effective in treating the virus and its known and potential benefits outweigh the known and potential risks, based on available scientific evidence. The announcement came amid pressure put on the […]
MedTech 100 roundup: Stocks were practically unchanged last week
Despite plenty of ups and downs coming in the stock market for the medtech industry, there was hardly any movement from week to week. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 89.6 points at the end of last week (Aug. 21). Overall, medtech stocks saw […]
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