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Featured

Hillrom to buy Bardy Diagnostics for $375M

January 19, 2021 By Chris Newmarker Leave a Comment

Hillrom (NYSE:HRC) has agreed to spend $375 million to acquire Bardy Diagnostics and its Carnation Ambulatory Monitor, or CAM patch. Analysts at Baird described the CAM patch as a long-term Holter wearable biosensor. Hillrom said in a news release out today that the BardyDx purchase complements Hillrom’s present cardiology portfolio of cardiac stress exercise, Holter and […]

Filed Under: Business/Financial News, Cardiovascular, Diagnostics, Digital Health, Featured, Mergers & Acquisitions Tagged With: Bardy Diagnostics, Hillrom

Philips aquires Capsule Technologies and its medical device data tech

January 19, 2021 By Sean Whooley Leave a Comment

Royal Philips (NYSE:PHG) announced today that it agreed to acquire Capsule Technologies in a deal worth $635 million. Andover, Mass.-based Capsule Technologies develops medical device integration and data technologies for hospitals and healthcare organizations. Its offerings include a medical device information platform for integration, vital signs monitoring and clinical surveillance services, according to a news release. […]

Filed Under: Big Data, Business/Financial News, Digital Health, Featured, Health Technology, Mergers & Acquisitions, Patient Monitoring, Software / IT Tagged With: Capsule Tech Inc., Philips

Masimo launches iSirona connectivity hub

January 19, 2021 By Sean Whooley Leave a Comment

Masimo (NSDQ:MASI) announced today that it commenced the global launch of the iSirona medical device connectivity hub. Irvine, Calif.-based Masimo’s iSirona hub is designed to maximize interoperability across care, with efficiency in physically connecting up to six medical devices at the bedside and automatically routing the data to the company’s Hospital Automation platform. Masimo Root, a […]

Filed Under: Big Data, Business/Financial News, Featured, Health Information Technology, Health Technology, Patient Monitoring, Software / IT Tagged With: Masimo

MedTech 100 roundup: Finally a dip as industry stays relatively strong

January 19, 2021 By Sean Whooley Leave a Comment

After three consecutive weeks of record-breaking numbers, medtech industry stocks finally fell backward over the past seven days. MassDevice‘s MedTech 100 index finished last week at 105.8 (Jan. 15), marking a -0.95% drop from the 106.81 points (the highest ever total for the index) registered at the end of the week prior (Jan. 8). Medtech’s […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: becton dickinson, Boston Scientific, Cantel Medical Corp., coronavirus, COVID-19, MedTech 100 Index, Steris Corp., TransEnterix

These medtech stocks performed the best in 2020

January 15, 2021 By Sean Whooley Leave a Comment

While 2020 did not go as planned for anyone, with the twists and turns came opportunities for medtech companies to power forward. Innovations came both as a result of the COVID-19 pandemic and perhaps in spite of the challenges brought on by the virus, highlighted by the increased efforts to produce vaccines and testing while […]

Filed Under: 510(k), Big Data, Business/Financial News, Cardiac Implants, Cardiovascular, Diabetes, Diagnostics, Drug-Device Combinations, Electronic Medical Records (EMR), Featured, Food & Drug Administration (FDA), Funding Roundup, Genomics/Molecular Diagnostics, Health Technology, MassDevice Earnings Roundup, Mergers & Acquisitions, Orthopedics, Regulatory/Compliance, Replacement Heart Valves, Research & Development, Respiratory, Robotics, Software / IT, Structural Heart, Surgical, Wall Street Beat Tagged With: Abbott, Abiomed, coronavirus, COVID-19, Dexcom, Edwards Lifesciences, Hologic, Intuitive Surgical, iRhythm Technologies Inc., Masimo, ResMed, ResMed Inc., Stryker

Former FDA commissioner Kessler to help lead Biden’s COVID-19 response

January 15, 2021 By Chris Newmarker Leave a Comment

President-elect Joe Biden today announced that Dr. David Kessler, who led FDA through much of the 1990s, will serve as chief science officer of his administration’s COVID-19 response. Kessler’s achievements at FDA included speeding the approval of drugs to reduce the AIDS death toll. He’ll now be helping to lead efforts to speed authorization and […]

Filed Under: Featured, Food & Drug Administration (FDA), Pharmaceutical, Regulatory/Compliance Tagged With: coronavirus, COVID-19, Joe Biden

Facial swelling and COVID-19 vaccines: 4 facts

January 15, 2021 By Brian Buntz Leave a Comment

Patients with dermal fillers have a small potential risk of developing facial swelling after obtaining mRNA vaccines. To date, the FDA has noted the problem in three clinical trial recipients of the COVID-19 vaccine from Moderna(NSDQ:MRNA). The agency hasn’t observed facial swelling in the Phase 3 clinical trial for the COVID-19 vaccine from Pfizer (NYSE:PFE) […]

Filed Under: Featured, Pharmaceutical Tagged With: coronavirus, COVID-19, COVID-19 vaccine, Moderna

Norway investigating deaths of 23 individuals who received COVID-19 vaccine

January 15, 2021 By Brian Buntz Leave a Comment

In Norway, authorities are investigating the deaths of nearly two dozen people who received the COVID-19 vaccine from Pfizer (NYSE:PFE) and BioNTech (NSDQ:BNTX). To date, it has analyzed data from 13 of those individuals. The Norwegian Medicines Agency concluded that common adverse reactions to mRNA vaccines, including fever and nausea, could have contributed to deaths in elderly […]

Filed Under: Featured, Pharmaceutical Tagged With: CDC, Clinical Trials, coronavirus, COVID-19, COVID-19 vaccine, COVID-19 vaccine trial, Norway, U.S. Centers for Disease Control and Prevention (CDC), vaccine

3M, Honeywell gain antitrust protection to boost N95 mask supply

January 15, 2021 By Chris Newmarker Leave a Comment

3M (NYSE:MMM) and Honeywell (NYSE:HON) are among 60 companies and trade groups sharing production, distribution and pricing information under FEMA-led efforts to secure supplies of products needed to combat COVID-19, according to a Wall Street Journal report. The information-trading project, taking place under the Defense Production Act, is protected from antitrust scrutiny. 3M and Honeywell are major […]

Filed Under: Business/Financial News, Featured, Respiratory Tagged With: 3m, Honeywell

Ex-Acclarent execs fined $1.5M in off-label marketing case

January 14, 2021 By Chris Newmarker Leave a Comment

There will be no prison time for the two former Acclarent executives convicted of federal misdemeanor charges related to marketing a sinus balloon catheter for unapproved uses. Former Acclarent CEO William Facteau will instead pay a $1 million fine, and the company’s ex-sales VP Patrick Fabian will pay $500,000, according to the sentence handed down […]

Filed Under: Featured, Food & Drug Administration (FDA), Legal News, Regulatory/Compliance Tagged With: Acclarent Inc., Johnson & Johnson

Former CDER head Woodcock to lead FDA for now

January 14, 2021 By Nancy Crotti Leave a Comment

FDA veteran Dr. Janet Woodcock has been tapped as interim FDA commissioner by the Biden administration, according to published reports. An article by BioCentury also said that former FDA commissioner David Kessler, who had been mentioned as a possible replacement for current commissioner Stephen Hahn, will be a consultant to the agency but will not serve as its […]

Filed Under: Featured, Food & Drug Administration (FDA), Regulatory/Compliance Tagged With: Dr. Janet Woodcock, FDA, Joe Biden, Stephen Hahn

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