Nearly half of Henry Schein (Nasdaq:HSIC) shareholders who voted at this month’s annual meeting voted against the company’s pay packages for top executives, according to a new SEC filing. About 48.5% of voting shareholders voted against the company’s executive pay plan in what’s known as the Say-on-Pay vote, according to vote results of the May 18 […]
Distribution
Stryker leaders talk medtech trends at DeviceTalks Boston: ‘If you’re slow, you’re going to lose’
The first day of DeviceTalks Boston closed with a panel of Stryker (NYSE:SYK) executives discussing new tools, technologies and strategies in medtech. Digital VP Tracy Robertson, Digital, Robotics, and Enabling Technologies President Robert Cohen and Surgical Technologies VP of Digital Innovation Siddarth Satish offered their thoughts on industry trends in healthcare and at the Kalamazoo, […]
Americares sending 100 tons of medical supplies to Ukraine
Americares this week announced it will deliver 100 tons of critically needed medicine and medical supplies to Ukraine. The Stamford, Connecticut-based health-focused relief and development organization said the shipment will support healthcare providers who are treating children and adults affected by the humanitarian crisis in Ukraine. The supplies include antibiotics, medicines for conditions such as […]
GripAble picks Medline for exclusive U.S. hand therapy product distribution
Medline has inked an exclusive U.S. distribution agreement with GripAble, the developer of a two-in-one hand and arm function assessment and training device. The GripAble Pro was designed to help therapists serve more patients more efficiently in neurological rehabilitation, pediatrics, hand therapy and other applications. The device connects to a tablet app and tracks grip […]
World Health Organization sending 36 metric tons of medical supplies to Ukraine
The World Health Organization today said that it is sending more than 36 metric tons of medical supplies to support the humanitarian emergency in Ukraine following Russia’s invasion last week. WHO Director-General Tedros Adhanom Ghebreyesus said the organization is sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of […]
Ember Technologies, Cardinal Health partner on self-refrigerated, cloud-based shipping box
Ember Technologies and Cardinal Health (NYSE:CAH) announced that they are partnering on the Ember Cube digital shipping box. The two companies will collaborate to offer what they are touting as the world’s first self-refrigerated, cloud-based shipping box, according to a news release. They will work together to deliver a cold chain solution designed to ensure […]
The top 5 medtech news stories of 2021
The past year saw significant changes in the medtech space. Our editorial team picked their top stories. The lingering COVID-19 pandemic was top of mind in 2021, but there was much more going on in the medical device industry. The Life Sciences editorial team here at WTWH Media discussed their top picks during the December […]
Medline is spending $1.5B on new distribution centers
Medline announced that it opened five newly constructed distribution centers this year and plans to complete two more in 2022. Northfield, Illinois-based Medline said yesterday that it opened the latest LEED-certified distribution center — set to be fully operational in the first quarter of 2022 — in Richmond Hill, Georgia. The new Georgia facility is […]
Cardinal Health docks executive bonuses over opioid costs
Cardinal Health’s board of directors reduced bonus payouts for CEO Mike Kaufmann and his four top-paid executives due to the cost of opioid litigation. After pressure from investors, Cardinal Health (NYSE:CAH) for the first time has disclosed how its board of directors factored the opioid litigation settlement costs into the pay packages of Kaufmann, Chief […]
Amazon makes moves for a major medical diagnostics play
Amazon (NASDAQ: AMZN) wants to hire key employees to expand its medical diagnostics operations on a global scale, which very well could grow beyond COVID-19 testing. Senior-level job postings offer a glimpse of the notoriously secretive and ambitious tech company’s global aspirations for medical diagnostics. Just this week, Amazon put a call out for a […]
Cardinal Health partners with Abbott, Quidel to expand rapid OTC COVID-19 tests
Cardinal Health today announced that it has partnered with Abbott and Quidel to broaden access to over-the-counter rapid COVID-19 tests. Cardinal Health will use its distribution network to support access to Quidel’s QuickVue At-Home OTC COVID-19 test and Abbott’s BinaxNow COVID-19 antigen self-test. Both tests allow users to easily perform tests for the virus without […]