Fresenius Medical Care announced the completion of phase one of its first anonymized global dialysis dataset as part of its long-term AI aspirations. The Apollo database project aims to advance patient care quality and outcomes by making kidney disease care more personalized and precise. It provides a view into the clinical care provided to more […]
Digital Health
ITC rules in favor of Masimo in Apple Watch patent spat, stock rises
Masimo announced that the U.S. International Trade Commission (ITC) ruled in its favor in an ongoing patent battle with tech giant Apple. Shares of MASI ticked up more than 5% at $85.26 apiece by midday trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — fell slightly. […]
Signos raises $20M for AI-powered CGM tech with backing from Google Ventures, Dexcom Ventures
Signos announced that it raised $20 million in a Series B round to support its AI-powered continuous glucose monitor (CGM) technology. San Francisco-based Signos develops a comprehensive metabolic health platform. It includes a proprietary AI engine with a CGM to provide real-time data and recommendations for weight management. Signos aims for its metabolic-led solution to […]
GE HealthCare announces cardiac imaging collaboration with Boston Scientific
GE HealthCare today announced plans to showcase a number of innovations and unveiled a new imaging collaboration. The company plans to share its latest innovations at the 2023 Transcatheter Cardiovascular Therapeutics conference (TCT). TCT takes place in San Francisco this week. Among the new developments is a new partnership with Boston Scientific. GE HealthCare intends […]
Better Therapeutics launches diabetes digital therapeutic platform
Better Therapeutics (Nasdaq:BTTX) announced today that it commercially launched its AspyreRx digital diabetes therapeutic app. AspyreRx became the first cognitive behavioral therapy (CBT) to receive FDA authorization for treating type 2 diabetes in July. The prescription digital therapeutic (PDT) underwent review through the FDA de novo pathway. AspyreRx therapy — formerly BT-001 — provides CBT […]
Outset Medical stock plummets amid warning letter woes
Outset Medical has slashed its full-year revenue outlook as the maker of Tablo hemodialysis systems grapples with an FDA warning letter. The company now expects roughly $130 million in revenue in 2023 — down from its previous forecast of $144–150 million. It’s preliminary numbers show third-quarter sales up 9% year-over-year to $30.4 million. Cash, cash […]
Philips launches Visual Patient Avatar monitoring solution
Philips today announced the launch of its Visual Patient Avatar monitoring solution. Visual Patient Avatar conveys critical information about a patient’s condition through colors, movement and shapes, according to Philips. It all rests within an anesthesiologist’s or anesthetist’s peripheral field of view. Current operating room (OR) patient monitors display abundant patient data through vital signs […]
State of the industry — Execs ‘more bullish than ever’ on medtech
Ernst & Young’s 2023 Pulse of the Industry medical technology report may not have been overly positive, but medtech executives certainly are. The EY report highlighted sluggish revenues and post-COVID-19 corrections leading to a growth decline. In fact, it was the lowest growth in medtech since 2015. Roughly half of medtech stock price gains realized […]
Philips takes steps to improve health monitoring, care coordination with open ecosystem
Philips today announced interoperability between its Philips Capsule and Philips Patient Information Center iX (PIC iX). Interoperability between the Capsule medical device information platform (MDIP) and PIC iX offers hospitals a first-of-its-kind, comprehensive patient overview. Philips aims to create an open patient monitoring ecosystem, bringing together disparate devices and systems on a single interface. In […]
‘Love, yet fear’ — how medtech is stepping into the digital sphere
Dr. Rajiv Sethi likes to compare the implementation of digital technologies and automation in medtech to the automation in an airplane. If the pilots experienced an issue with their technology or the weather, for instance, they could manually interject, he says. But, the “vast majority of the work” goes down to automation. Sethi serves as […]
Anumana wins FDA clearance for ECG-AI algorithm
Anumana announced that it received FDA 510(k) clearance for its AI-powered ECG-AI LEF medical device. Cambridge, Massachusetts–based Anumana, an Nference portfolio company, worked in collaboration with Mayo Clinic. They designed the breakthrough medical device to detect low ejection fraction (LEF) in patients at risk of heart failure. The company’s pulmonary hypertension (PH) early detection algorithm […]