Edwards Lifesciences has initiated layoffs across the device developer’s global footprint after completing the $4.2 billion sale of its Critical Care business. About 3% of the company’s workforce will be affected, Edwards CEO Bernard Zovighian said in an announcement viewed by MassDevice. Affected employees were notified today, he said, and some may temporarily stay on […]
News Well
The 10 largest medical device companies
Medtronic remains at the top, but Johnson & Johnson MedTech is now a close second in the Medtech Big 100 list of largest medical device companies. Could we see a new No. 1 company in next year’s Medtech Big 100 report? Time will tell. But in the meantime, this year’s edition of Medical Design & […]
AngioDynamics wins CE mark for atherectomy system
AngioDynamics (Nasdaq:ANGO) announced today that it received CE mark approval for its Auryon atherectomy system. Latham, New York-based AngioDynamics designed Auryon for the treatment of peripheral artery disease (PAD). That includes critical limb ischemia (CLI) and in-stent restenosis (ISR). Auryon uses revolutionary solid-state laser technology to treat PAD lesions and occlusions effectively. AngioDynamics describes it […]
iRhythm stock is down on news of more FDA inspection issues
Wearable heart monitor company iRhythm saw its stock fall today on news of additional FDA inspection issues and a surprise CFO exit. IRTC shares were down more than 10% to $75.68 apeice by midday trading today. MassDevice‘s Medtech 100 Index was down half a percent. The disclosures, which came after market close yesterday, accompanied a […]
Maxim Biomedical changes CEOs after new investment from Karen Pritzker
Maxim Biomedical today announced the promotion of Chief Operating Officer Jonathan Maa to CEO following a new minority investment from CTM Investments. Rockville, Maryland-based Maxim Biomedical is the rapid diagnostic test developer and manufacturer that makes ClearDetect COVID-19 Antigen Home Tests and products for HIV testing. Jonathan Maa’s father, Maxim Biomedical co-founder and former CEO […]
Intuitive’s president is now also on the board
Intuitive Surgical announced that it has appointed President Dave Rosa to its board of directors. Rosa’s appointment, made yesterday, makes him the second Intuitive executive to hold a seat on the company board, after CEO Gary Guthart. The surgical robotics pioneer — the dominant company in the space — promoted Rosa into the president role […]
Wandercraft exoskeleton used in Olympic torch relay
A paraplegic person carried the Olympic torch as part of the traditional relay using an exoskeleton developed by Wandercraft. Kevin Piette, 35, has been paraplegic since a motorcycle accident 11 years ago, according to Le Parisien. He works for Wandercraft, the company that built what it calls a Personal Exoskeleton that could help disabled people walk. […]
Intuitive announces EVP Marshall Mohr’s departure
Intuitive Surgical Global Business Services EVP Marshall Mohr is leaving the surgical robotics leader, the company said today. Mohr joined Sunnyvale, California-based Intuitive in 2006 as SVP and CFO and started in his current position in 2022. He also serves on the boards of Veeva Systems and Pacific Biosciences of California. “Marshall will be taking […]
Intuitive beats the Street in Q2, says da Vinci 5 supply will be tight for the next year
Intuitive Surgical posted second-quarter results on Thursday that beat the consensus forecast on Wall Street, sending the stock to a record high after markets opened Friday. The Sunnyvale, California-based surgical robotics leader reported profits of $527 million, or $1.46 per diluted share, for the three months ended June 30, 2024, up 25% from the second […]
Cordis wins FDA nod for vascular closure device
Cordis announced today that the FDA granted premarket approval (PMA) for its Mynx Control venous vascular closure device (VCD). PMA covers the use of the Mynx Control device in in procedures with access sites from 6F to 12F. Mynx Control expands the Cordis portfolio of extravascular closure devices designed to delivery predictable deployment and ease […]
Endiatx plans pivotal trial through Mayo Clinic; Watch their live TED Talk demo
Endiatx is planning a pivotal trial for its swallowable, steerable Pillbot robot camera at Mayo Clinic campuses this year. The Hayward, California–based startup has already started first-in-human trials in New Zealand, Endiatx told MassDevice this week. Endiatx plans to publish data from those trials, saying they are “progressing well, and physicians appreciate the technology.” MDO […]
