Even as the U.S. and the world struggle through the COVID-19 pandemic and resulting recession, Medtronic (NYSE:MDT) CEO Geoff Martha remains optimistic about the future. When asked today when things will return to normal for the medical device industry, the leader of the world’s largest medtech company quickly responded: “I don’t want to go back to […]
Digital Health
Rhaeos and its shunt monitor win MedTech Innovator’s 2020 global competition
MedTech Innovator announced today that wearable head shunt monitor startup Rhaeos has won its 2020 Global Competition. Rhaeos (Evanston, Ill.) won the competition and $350,000 grand prize in a virtual live audience vote at The Virtual MedTech Conference, powered by AdvaMed. The 2-year-old company’s wearable, noninvasive Flowsense device monitors ventricular shunt function for hydrocephalus patients […]
DTW Podcast: New tools helping medtechs overcome COVID19 challenges
In this week’s DeviceTalks Weekly Podcast, senior executives from Avail Medsystems and AliveCor detail how their tools are helping medtechs remain in contact with both physicians and patients. In the keynote interview with Daniel Hawkins, CEO of Avail Medsystems, says the company’s Procedural Telemedicine system will allow medical device sales representatives to observe more procedures […]
AdvaMed pushes for Medicare coverage of digital health tech
Medtech trade group AdvaMed today called on the federal government to expand Medicare coverage to digital health technologies. The Medicare statute does not directly address coverage of digital health technologies, nor does it specifically limit or prohibit their coverage. But it doesn’t make Medicare coverage easy, either. Get the full story on our sister site, […]
DTW Podcast: 3 lessons learned from Leslie Trigg, CEO of Outset Medical
Outset Medical (NSDQ:OM) CEO Leslie Trigg took the helm at the dialysis start-up in 2013, moving from an executive-in-residence post at private equity firm Warburg Pincus. Before that she held senior positions at Lutonix, AccessClosure and FoxHollow, helping to position those companies to be acquired by CR Bard, Cardinal Health, and ev3/Covidien, respectively. This week, […]
Quest lets consumers order COVID-19 tests online
Quest Diagnostics (NYSE:DGX) today announced that consumers will be able to order one of its COVID-19 diagnostics online and collect the specimen at home, without visiting a doctor’s office. QuestDirect Active Infection is also available by drive-through at more than 500 Walmart Neighborhood Market locations. Results are interpreted by a physician and provided digitally through the […]
NIH awards contracts to develop digital health technologies for COVID-19
The National Institutes of Health announced that it awarded seven contracts to companies to develop digital health solutions for addressing COVID-19. NIH said in a news release that the technology developed to help address the pandemic could lead to user-friendly tools like smartphone apps, wearable devices and software that can identify and trace contacts of […]
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 […]
FDA authorizes mobile COVID-19 test kit
The FDA has issued emergency use authorization (EUA) for a mobile COVID-19 test kit developed by handheld detection system maker DetectaChem. Stafford, Texas-based DetectaChem develops the MobileDetect Bio BCC19 test kit is designed to test for the detection of nucleic acid from SARS-CoV-2 in nasopharyngeal, anterior nasal swabs, mid-turbinate nasal swabs and oropharyngeal swab specimens. […]
Smith & Nephew is using vibrating bracelets to encourage social distancing
Smith & Nephew (NYSE:SNN) is utilizing devices made by Tharsus to help with social distancing as the company returns to the office. A report in The Telegraph outlines how the London-based medtech company is being providing vibrating bracelets from Blythe, England-based Tharsus to keep the six-foot (two-meter) distance widely recommended for preventing the spread of COVID-19. Get the full story […]
IBM uncovers software vulnerability that could affect insulin pumps
A team of IBM security researchers uncovered a potential vulnerability in software from Thales that could affect insulin pumps. IBM’s “X-Force Red” team discovered the internet of things (IoT) vulnerability that can be remotely exploited in September 2019 with Thales’ Cinterion EHS8 M2M module, according to a report from SecurityIntelligence. The software is used in […]