Bryan Hanson has left the corner office of ortho tech giant Zimmer Biomet to become CEO of the soon-to-be-independent healthcare business at 3M, the companies announced today. Hanson takes over 3M’s healthcare business on Sept. 1. “I have a deep respect and admiration for what 3M has built in health care — strong brands, quality […]
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Fast Five: Executive changes at Tandem and Axonics, another recall for Abiomed’s Impella
Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, August 22, 2023. Fast Five by MassDevice · Executive changes at Tandem and Axonics, another recall for Abiomed’s Impella Anika Therapeutics received the final FDA […]
Tandem Diabetes Care CCO is set to resign
Tandem Diabetes Care (Nasdaq:TNDM) filed an SEC Form 8-K announcing its chief commercial officer’s intent to resign. Brian B. Hansen, EVP and CCO, notified the company of his decision to resign on Aug. 17. His resignation goes into effect on Dec. 31, 2023. In connection with Hansen’s resignation, he and the automated insulin delivery technology […]
MagAssist wins FDA breakthrough nod for ventricular assist device
MagAssist announced today that it received breakthrough device designation from the FDA for its NyokAssist ventricular assist device. The interventional VAD provides mechanical circulatory support for high-risk percutaneous interventions. It features a 9 Fr insertion size with a foldable catheter pump to facilitate insertion and removal. This reduces the vascular access and closure processes. Its […]
FDA deems latest Abiomed Impella recall Class I
Abiomed, a Johnson & Johnson unit, issued another recall for some of its Impella heart pumps. This marks the third safety notice regarding the heart pumps in as many months. In June, the company recalled 466 Impella 5.5 with SmartAssist devices. Abiomed initiated that recall after receiving complaints relating to purge fluid leaking from the purge […]
Fast Five: ICU Medical to close a facility and cut jobs, TransMedics completes Summit Aviation buy
Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, August 18, 2023. Fast Five by MassDevice · ICU Medical to close a facility and cut jobs, TransMedics completes Summit Aviation buy Nemaura Medical received […]
ICU Medical to close Minnesota facility, cut 81 jobs
ICU Medical filed with the state of Minnesota to confirm a facility closure and some layoffs. Layoffs continue to impact the medtech industry as companies battle ongoing economic challenges. Over the past year or so, MassDevice has reported on around 18,000 job cuts across the industry. Minnesota’s State Rapid Response Team received a Worker Adjustment and […]
The biggest medtech personnel moves so far in 2023
More than halfway through 2023, we’ve seen plenty of movement in the personnel department across medtech. Last July, we broke down the biggest personnel moves in medtech so far in 2022. That was followed up by the full-year report in December. Through more than eight months, the changes atop medtech companies continue to arrive. Some […]
Fast Five: Medtronic’s third recall of some hemodialysis catheters is Class I, data backs Nevro’s spinal cord stim
Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, August 17, 2023. Fast Five by MassDevice · Medtronic’s third recall of some hemodialysis catheters, data backs Nevro’s spinal cord stim CathVision this week announced […]
The 10 largest orthopedic device companies in the world
Two of the world’s largest orthopedic device companies expect accelerated revenue growth this year. Stryker and Zimmer Biomet both upped their 2023 guidance during recent earnings calls, a sign that orthopedic procedures are bouncing back from the COVID-19 pandemic. GlobalData predicted earlier this year that the recovery will lift the ortho devices market to nearly $50 […]
Medtronic’s third recall of Mahurkar hemodialysis catheters is Class I
The FDA has labeled the Medtronic recall of some Mahurkar hemodialysis catheters as Class I, the most serious kind. Medtronic is recalling its Mahurkar 12 Fr high-pressure triple lumen acute dialysis catheters in 20 cm length with curved extensions due to occlusions in the tip of the catheter. The company said the source of the […]