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 […]
Electronic Medical Records (EMR)
Cyber vulnerability discovered in GE Healthcare radiological devices
CyberMDX announced that it uncovered a cyber vulnerability across a range of popular devices made by GE Healthcare (NYSE:GE). The U.S. Dept. of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) disclosed the vulnerability yesterday after CyberMDX discovered that it could affect dozens of radiological devices by allowing an attacker to gain access to sensitive data, […]
BD acquires medication management company Cubex
Becton Dickinson (NYSE:BDX) announced that it acquired the medical business assets of software developer Cubex. Privately-held Cubex develops cloud-based software offerings for advanced medication management, according to a news release. Becton Dickinson said the acquisition expands its medication management offerings into the care continuum space and offers deeper integration with electronic health records. Cubex’s medical business’ […]
How AI could reassure you that COVID-19 vaccines are safe
As governments and health authorities worldwide gear up to deliver potentially billions of COVID-19 vaccine doses, artificial intelligence and data automation techniques could be a powerful tool combating one of the top hindrances to mass vaccination: vaccine hesitancy. In particular, natural language processing (NLP) could help health authorities transform adverse event reports from COVID-19 vaccines […]
GE Healthcare launches new computing technology for healthcare providers
GE Healthcare (NYSE:GE) announced today that it launched the Edison HealthLink computing technology for healthcare providers. Edison HealthLink is designed specifically to allow clinicians to collect, analyze and act upon critical data closer to its source, offering 10 applications, such as TrueFidelity image reconstruction, Mural virtual care and CT smart subscription, and giving providers another entry […]
Medigate completes $30M Series B
Medical device security firm Medigate announced today that it completed a $30 million Series B financing round. New York-based Medigate’s funding round was led by new investor Partech, with participation from existing investors YL Ventures, U.S. Venture Partners and Blumberg Capital and new investor Maor Investments. The $30 million brings Medigate’s total funding to $50 […]
BrightInsight raises $40m Series B
Biopharma and medtech digital health platform provider BrightInsight announced today that it raised $40 million in a Series B financing round. Insight Partners led the funding, while Series A investors New Leaf Venture Partners and Eclipse Ventures also participated. According to a news release, BrightInsight plans to use the funds raised to significantly scale up team […]
Baxter systems flagged for cybersecurity vulnerabilities
The U.S. Department of Homeland Security released notices citing cyber vulnerabilities with four devices made by Baxter (NYSE:BAX). Included among the devices listed by DHS were Baxter’s PrismaFlex/PrisMax devices, its ExactaMix, its Phoenix hemodialysis delivery system and its Sigma Spectrum infusion pumps. All four notices included warnings regarding the devices’ Cleartext transmission of sensitive information. According […]
Acutus Medical, Biotronik ink deal
Acutus Medical and Biotronik have announced that they will collaborate on electrophysiology, mapping, ablation and accessory products across certain markets. The products involved in the collaboration center around the treatment of cardiac arrhythmias in markets that include Europe and Asia, according to a news release. The partnership centers on Acutus’ AcQMap system, which Acutus touts […]
Philips launches clinical trial accelerator
Royal Philips (NYSE:PHG) announced recently that it has launched the clinical trial accelerator on its Philips HealthSuite to improve trial efficiency. The Amsterdam-based company’s accelerator includes a new, tailored set of capabilities to enable life science organizations to integrate, analyze and store clinical and patient-reported data from multiple sources, according to a news release. Philips HealthSuite […]
Beckman Coulter awarded expanded contract for sepsis algorithm
Beckman Coulter announced that it received an expanded partnership with BARDA for its expanding COVID-19 medical countermeasure portfolio. BARDA (the Biomedical Advanced Research and Development Authority, part of the U.S. Dept. of Health and Human Services) awarded Beckman Coulter the partnership in collaboration with Dascena, Inc. The collaboration will offer advanced research and development toward […]
