Royal Philips (NYSE:PHG) announced today that it launched an addition to its remote patient monitoring platform for at-risk populations during the COVID-19 pandemic. Amsterdam-based Philips added the Avalon CL fetal and maternal pod and patch for reducing unnecessary physical interactions between clinicians and patients to prevent transmission of the coronavirus. The patch makes up part of […]
Patient Monitoring
Smith & Nephew launches sports medicine OR tech
Smith & Nephew (NYSE:SNN) announced today that it launched its Intellio connected tower platform to connect and control sports medicine systems. Intellio uses a centralized app to wirelessly connect and remotely control the major components of an arthroscopy surgical tower from outside the sterile field in an effort to streamline procedure support. It includes a remote […]
Philips launches Lumify tele-ultrasound system in Japan
Royal Philips (NYSE:PHG) announced today that its Lumify with Reacts handheld tele-ultrasound imaging system is commercially available in Japan. Japan’s healthcare authority cleared Lumify for compatible handheld devices in its healthcare market to make high-quality, portable ultrasound available almost everywhere in the country, according to a news release. Lumify is designed for use in places where […]
Senseonics plummets on big Q1 losses
Senseonics (NYSE:SENS) shares took a large dip today on first-quarter losses that came in well short of the consensus forecast. The Germantown, Md.-based implantable continuous glucose monitor maker posted losses of -$42.6 million, or -21¢ per share, on sales of $31,000 for the three months ended March 31, 2020, for a 45% bottom-line slide on a […]
FDA eases rules on remote patient monitoring devices during pandemic
The FDA has relaxed regulations on 21 different types of remote patient monitoring devices for the duration of the COVID-19 pandemic to protect healthcare workers from exposure to the virus. In a new guidance released on Friday, the agency said it will not object to limited modifications to the indications, claims, functionality, or hardware or […]
Dexcom lands CE Mark for G6 glucose monitor
Dexcom (NSDQ:DXCM) announced today that it received CE Mark approval in Europe for its G6 continuous glucose monitoring system. The Dexcom G6 uses a small, wearable sensor and transmitter, now indicated to be placed on the back of the upper arm, to continuously measure and send glucose levels wirelessly to a dedicated receiver or compatible smart […]
Bigfoot Biomedical raises $55m in Series C
Diabetes treatment tech company Bigfoot Biomedical announced today that it raised $55 million to close its Series C financing round. Abbott (NYSE:ABT) led the funding round with participation from new investor Smile Group and existing investors Quadrant Capital Advisors, Senvest Capital, Janus Henderson and Cormorant Asset Management. Milpitas, Calif.-based Bigfoot said in a news release that […]
Philips wins EUA for acute-care patient monitoring
Royal Philips (NYSE:PHG) announced today that it received FDA emergency use authorization (EUA) for its IntelliVue patient monitors and active displays. The Amsterdam-based company’s IntelliVue monitors MX750/MX850 and active displays AD75/D85 received authorization to support infection-control protocols and provide caregivers information remotely during the ongoing COVID-19 pandemic. Both sets of IntelliVue products received CE Mark approval […]
Siren raises $11.8m Series B
Siren, a developer of smart textiles with remote patient monitoring applications, announced today that it raised $11.8 million in a Series B financing. The San Francisco-based medical device company had its funding round led by Anathem Ventures, with participation from existing investors DCM, Khosla Ventures, 500 Startups and Peter Thiel’s Founders Fund. Additionally, DCM partner […]
Wicab lands patent for balance technology
Wicab recently said the U.S. Patent and Trademark Office issued a patent for the company’s impaired motor control treatment. The patent covers methods of providing rehabilitative improvement of motor control or function to a patient using the company’s BrainPort Balance Plus device, which provides biofeedback balance training during physical movement. BrainPort Balance Plus is designed […]
Philips patient monitors to add more Masimo technology
Masimo (NSDQ:MASI) and Royal Philips (NYSE:PHG) announced today that Philips will integrate additional Masimo measurement technologies into certain IntelliVue MX-series monitors to help clinicians assess cerebral oximetry and ventilation status. Masimo noninvasive measurements, such as SET measure-through motion and Low Perfusion pulse oximetry and advanced rainbow SET Pulse CO-Oximetry parameters like noninvasive hemoglobin (SpHb), have long been […]