Mojo Vision is working with the FDA to develop a smart contact lens to help people with low vision. The lens overlays real-time contrast and lighting enhancements with zoom functionality and recently won FDA breakthrough device designation. “Receiving the Breakthrough Device Designation is a significant step in our research and development process. We look forward […]
Masimo to acquire NantHealth’s connected care business
Masimo (NSDQ:MASI) will pay $47.25 million upfront to acquire the connected care business of Culver City, Calif.–based NantHealth (NSDQ: NH), the company said today. NantHealth’s connected care business provides medical device interoperability to hospitals and health systems, with products including DCX device connectivity (formerly known as DeviceConX), VCX patient vitals software (formerly known as VitalsConX), the […]
Paragonix launches SherpaPak pancreas transport system in U.S.
Paragonix Technologies today announced the FDA clearance and U.S. launch of its SherpaPak pancreas transport system, which the company says is able to provide “unprecedented thermal and physical protection” during the transportation of donor pancreases slated for people with diabetes. “The donor pancreas is highly susceptible to cold and compression injury during transport. Technologies that […]
Neocis’ Yomi robotic system used in over 1,000 dental implants in 2019
Neocis announced that its Yomi robotics system performed over 1,000 dental implants over the course of 2019. The Yomi is a computerized navigational system designed to assist in both pre and intra-operative phases of dental implantation surgery, the Miami, Fla.-based company said. The system uses haptic robotic technology, which constrains the drill’s position, orientation and […]
JenaValve TAVR wins FDA breakthrough device designation
JenaValve Technology said today that FDA has granted breakthrough device designation for its JenaValve Pericardial TAVR. The designation is for severe aortic regurgitation (AR) and AR-dominant mixed aortic valve disease. It means that FDA will provide the Irvine, Calif.–based company with priority review and interactive communication regarding device development and clinical trial protocols. “We are […]
Verily hires former Tesla executive as CFO
Verily — Google’s life sciences sister company under Alphabet (NSDQ:GOOG) — has hired Tesla veteran Deepak Ahuja as its CFO, according to a report on CNBC. Ahuja previously served two stints as CFO at Tesla. He left Tesla in early 2019 and was serving as a senior advisor to Capricorn Investment Group, according to his LinkedIn […]
Medtronic wins CE Mark for Percept PC neurostimulator
Medtronic (NYSE:MDT) said today that it has secured a CE Mark for its Percept PC neurostimulator. The medical device giant is touting Percept PC as the only deep brain stimulation (DBS) system launched in the EU with BrainSense technology — which senses and records brain signals while delivering DBS therapy to people with neurological disorders such […]
Funck to move up to CFO spot at Abbott
As Abbott (NYSE:ABT) plans a change at the corner office for the first time in decades, the company is getting a new CFO, too. Abbott’s board yesterday appointed Robert Funck Jr. as the company’s new EVP and CFO, effective March 1, according to an SEC filing. Funck will replace Brian Yoor, who will officially retire on […]
Abbott LVAD wins FDA approval for implantation without open heart surgery
Abbott (NYSE:ABT) today announced that FDA has approved implantation of its HeartMate 3 LVAD via lateral thoracotomy — a less invasive approach than open-heart surgery. The approval comes about a year and a half after Medtronic (NYSE:MDT) won a similar approval for the competing HeartWare HVAD pump. Lateral thoracotomy involves a surgeon making an incision between a person’s […]
Medinol stent performs just as well as Medtronic Resolute, study says
The EluNIR drug-eluting stent made by Medinol performed just as well as the Resolute Integrity or Resolute Onyx stents from Medtronic (NYSE:MDT), according to new clinical study results from an international team of researchers. The randomized clinical trial — conducted by researchers from the U.S., Israel, Canada and the Netherlands — involved 2,221 people and compared […]
The 10 greatest medtech advances of the 2010s
From disposable endoscopes to TAVR to robotic surgery, there’s a whole host of medtech advances widely available now that weren’t around much 10 years ago. “In terms of technological advances, I would put this past decade as one of the most important for medical technology. From connected devices and robotics, to advances in material sciences […]
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