Varex Imaging (NSDQ:VREX) yesterday posted second-quarter results that beat the overall consensus on Wall Street. The Salt Lake City-based imaging company reported profits of $3.2 million, or 8¢ per share, on sales of $203.5 million for the three months ended April 2, for a sales growth of 3.3% compared with Q2 2020. Adjusted to exclude one-time […]
Imaging
Siemens Healthineers ticks up on Q2 earnings, raised guidance
Siemens Healthineers (ETR:SHL) shares ticked up today on strong second-quarter results and raised guidance for 2021. The Erlangen, Germany-based company posted profits of $539 million (€447 million), or 50¢ per share, on sales of $4.8 billion for the three months ended March 31, 2021, for an 8% bottom-line gain on sales growth of 7.6%. Adjusted […]
Butterfly Network partners with Sientra on ultrasound for breast implant patients
Butterfly Network (NYSE:BFLY) and Sientra (NSDQ:SIEN) announced today that they are partnering to aid plastic surgeons in breast implant evaluations. Through the partnership, plastic surgeons can use Butterfly Network’s Butterfly IQ and Ultrasound-on-Chip technology to evaluate Santa Barbara, Calif.–based Sientra’s breast implants, according to a news release. Guilford, Conn.–based Butterfly Network’s Butterfly IQ handheld ultrasound […]
Abbott launches AI-powered coronary imaging platform in Europe
Abbott (NYSE:ABT) announced today that it launched its new coronary imaging platform in Europe as it is now CE marked. The platform, powered by Ultreon 1.0 software, merges optical coherence tomography (OCT) with AI to enhance visualization and detect the severity of calcium-based blockages and measure vessel diameter, according to a news release. The goal […]
Accuray names chief medical, technology officer
Accuray (NSDQ:ARAY) today said it has appointed Dr. Jean-Philippe Pignol as its chief medical and technology officer, effective April 15. Pignol will lead the company’s scientific and clinical research activities, develop strategic collaborations, evaluate new technologies and serve as the representative with important industry partners. “We’re thrilled to welcome Dr. Pignol, whose rich and unique […]
Medtronic partners with Surgical Theater to bring augmented reality to neurosurgery
Medtronic (NYSE:MDT) announced today that it partnered with Surgical Theater to offer an augmented reality platform for cranial procedures. Fridley, Minn.-based Medtronic will interface its StealthStation S8 surgical navigation system with Surgical Theater’s SyncAR technology to enable neurosurgeons to use AR in real-time to enhance their visualization during complex cranial procedures, according to a news […]
Philips’ trade secret suit against Chinese companies can proceed
A federal judge has ruled that two companies in China and a U.S. company must face a trade secrets lawsuit by Philips. Philips claims that two former employees who joined GL Leading, an Aurora, Ill.-based firm allegedly formed from a pair of related companies in China, stole proprietary information about certain Philips’ X-ray tubes. Philips […]
Canon Medical cardiac CT wins FDA clearance
Canon Medical Systems announced today it received FDA 510(k) clearance for expanded capabilities with its Deep Learning Spectral CT. Tustin, Calif.-based Canon’s Deep Learning Spectral CT’s expanded capabilities reach into cardiovascular applications now, according to a news release. The CT is available on Canon’s Aquilion ONE/Prism Edition CT system, offering healthcare providers the ability to […]
9 medical devices you should keep an eye out for in 2021
The medical device industry weathered the COVID-19 pandemic well — and is now set to roll out a host of innovations in 2021. Economists generally expect the U.S. to see a boom as we emerge from the pandemic and resulting recession. Medtech companies appear set to ride the wave this year, with plans to seek approval or […]
SentiAR closes $5.1M Series A
SentiAR announced today that it closed an oversubscribed Series A financing round that brought in proceeds of $5.1 million. St. Louis-based SentiAR said in a news release that the money will allow it to accelerate the innovation of its mixed reality CommandEP system for surgical visualization. CommandEP is designed to provide physicians with holographic visualization […]
AI-aided colon cancer tech gets FDA nod
Cosmo Pharmaceuticals announced today that it received marketing authorization for its GI Genius AI-based lesion detecting system. GI Genius is an intelligent endoscopy system that uses AI/machine learning to detect lesions in the colon such as polyps or suspected tumors in real-time during a colonoscopy, according to a news release. The device, which received FDA […]
