Ariel Mactavish, president of the Respiratory Interventions unit at Medtronic , announced that she is departing her post at the medtech giant. In a post on LinkedIn, Mactavish explained her decision to depart: “After 12 rewarding years, I have decided to leave Medtronic and I want to take the opportunity [to] share my deepest gratitude […]
Respiratory
ResMed launches new sleep apnea mask
ResMed announced today that it launched the AirFit F40 ultra-compact, full-face mask for sleep apnea. San Diego-based ResMed designed AirFit F40 to offer the comfort of smaller masks without sacrificing performance. This could, in turn, help with sleep apnea therapy compliance for users of high-pressure continuous positive airway pressure (CPAP) treatment. According to a news […]
Pulmonx treats first patient in AeriSeal trial
Pulmonx (Nasdaq:LUNG) announced today that it treated the first patient in a pivotal trial evaluating its AeriSeal system. The CONVERT II trial evaluates AeriSeal in limiting collateral ventilation in severe chronic obstructive pulmonary disease (COPD)/emphysema patients. Pulmonx received a staged FDA investigational device exemption (IDE) to conduct this trial late last year. Collateral ventilation occurs […]
Medtronic is exiting the ventilator market
Medtronic announced today that it will exit what it describes as its increasingly unprofitable ventilator product line. The move comes more than a year after Medtronic said it would spin off its Patient Monitoring and Respiratory Interventions businesses, part of its Medical Surgical portfolio. Reports last year claimed that other medtech companies, including GE HealthCare […]
ResMed launches new bilevel sleep respiratory devices
ResMed announced today that it launched its AirCurve 11 series bilevel positive airway pressure devices in the U.S. San Diego-based ResMed describes the AirCurve 11 series as its newest range of bilevel devices that use two levels of support. They use inspiratory positive airway pressure (IPAP) and expiratory positive airway pressure (EPAP). Combined with digital […]
Inspire Medical stock falls despite 40% Q4 sales growth, Wall Street beats
Inspire Medical Systems (NYSE:INSP) shares took a hit today despite fourth-quarter results that beat the consensus forecast. Shares of INSP fell nearly 7% at $210.35 apiece in midday trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — stayed even. The Minneapolis-based maker of neuromodulation implants for […]
Inspire Medical CEO takes over as board chair
Inspire Medical Systems (NYSE:INSP) announced today that Marilyn Carlson Nelson retired as chair of the company’s board of directors. The Minneapolis-based sleep apnea treatment developer appointed current CEO Timothy Herbert to the additional role of board chair. Herbert’s appointment goes into effect after the company’s annual meeting of stockholders on May 2, 2024. Nelson became […]
Philips discontinues certain CPAP product lines after recall saga, stock sinks on Q4 results
Philips has discontinued the U.S. sales of several respiratory device product lines, including one from its much-maligned CPAP portfolio. The company says it agreed with the FDA and the DOJ on the terms of a consent decree focused on the Respironics business. Philips says it provides “clarity and a roadmap” for compliance and the restoration […]
How Philips’ significant respiratory devices recall unfolded
There are 5.5 million recalled CPAPs and other devices — and reports of deaths. Here’s a Philips recall timeline. Philips in mid-2021 kicked off a recall that involved millions of CPAP and BiPAP ventilators and other respiratory devices. The devices — used for sleep apnea therapy and more — had sound abatement foam that could […]
Longtime Inspire Medical board member Dr. Jerry Griffin to retire
Inspire Medical Systems (NYSE:INSP) announced today that Dr. Jerry C. Griffin intends to retire from its board of directors. Griffin plans to retire at the conclusion of the company’s annual meeting of stockholders on May 2, 2024. The longtime director joined the Inspire board in 2008 as one of the original board members. He joined […]
ResMed stock rises on Street-beating Q2
ResMed shares ticked up today on second-quarter results that came in ahead of the consensus forecast. Shares of RMD increased by 6.6% to $183.16 apiece in early-morning trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — rose by 1%. The San Diego-based sleep respiratory device maker […]