CPR Therapeutics this week announced it appointed Mike Black as its first chief strategy officer. Black has held numerous leadership roles within the medtech industry. He has over 20 years of executive management experience in the industry and has led early-stage medical device companies through commercialization and successful exit with strategic partners. Most recently, he […]
Resuscitation
ICU Medical’s Smiths Medical has a serious ventilators recall
The FDA recently labeled Smiths Medical’s recall of some ventilators as Class I, the most serious kind. ICU Medical’s Smiths Medical initiated a recall of some ASD PneuPac paraPAC Plus 300 and 310 Ventilator kits on February 7. The company said the ventilators may intermittently provide continuous positive gas flow instead of the intended cycling […]
410 Medical wins expanded clearance for LifeFlow device
410 Medical announced that it received FDA 510(k) clearance for its LifeFlow device in the rapid delivery of blood and blood components. Durham, N.C.-based 410 Medical’s LifeFlow device is a rapid infuser designed to deliver one liter of crystalloid fluid through a 20-gauge IV catheter in five minutes for front-line treatment of patients needing urgent […]
Philips HeartStart XL defibrillator therapy selector switch may fail
The United Kingdom issued a warning on potential failures with the therapy selector switch for the HeartStart XL defibrillator from Royal Philips (NYSE:PHG). According to a notice from the U.K. government, Philips’ defibrillator’s rotary therapy selector switch (energy select knob) may fail, resulting in unexpected device behavior that may include not switching on, not performing the […]
FDA says lay rescuers can use Zoll AED 3 defibrillator
Zoll Medical announced yesterday that its Zoll AED 3 defibrillator received FDA premarket approval (PMA) for use by lay rescuers. Chelmsford, Mass.-based Zoll’s AED 3 defibrillator uses CPR technology with integrated, real-time feedback to deliver guideline-compliant CPR to improve outcomes from sudden cardiac arrest. The company touts its enhanced technology as the first in the […]
410 Medical sells $7.6m in equity
410 Medical filed an SEC Form D earlier this week to disclose the sale of nearly $8 million in equity. The Durham, N.C.-based company issued the first sale of its $8 million offering on Oct. 21 and, as of this week, sold $7.6 million of the available equity, leaving $400,000 remaining to be sold. 410 […]
Zoll Medical picks up Mobilize RRS
Asahi Kasei (TYO:3407) subsidiary Zoll Medical said today that it bought Mobilize RRS and the Mobile Rescue Systems app and rescue kits it developed. The products made by Pittsford, N.Y.-based Mobilize RRS are designed to help untrained bystanders assess, manage and help patients during medical emergencies. The systems include step-by-step instructions and supplies to help bystanders […]
Zoll buys AED developer Cardiac Science
Zoll Medical said today that it inked a deal to acquire Cardiac Science Corp., and its portfolio of automated external defibrillators. Deerfield, Wis.-based Cardiac Science operates in North America, Europe and Asia. The company has installed more than 500,000 units in nearly 100 countries, according to Zoll. The two companies did not disclose financial terms […]
Reno hosts first complete AED deliveries via drone
The Biggest Little City in the World last week claimed another title when a single operator flew multiple drones delivering automated external defibrillators as part of a Federal Aviation Administration pilot program. The first flights were successfully completed using drones made by Flirtey that are designed to move heavier payloads over longer distances and for more […]
Zoll claims $5m win in AutoMedx dispute
Zoll Medical said today that it won more than $5 million with an arbitrator’s decision in its spat with former partner AutoMedx. Coppell, Texas-based AutoMedx sued the Asahi Kasei (TYO:3407) subsidiary in 2015, alleging breach of contract after Zoll’s Advanced Circulatory Control Systems business spiked a product development deal “due to AutoMedx’s failure to perform,” Zoll […]
Death prompts warning for Zoll’s LifeVest wearable AED
Asahi Kasei (TYO:3407) subsidiary Zoll Medical and the FDA are warning about an error code displayed by a model of its LifeVest wearable automatic external defibrillator that was involved in a patient’s death. Patients using LifeVest 4000 models who don’t contact the company after the device displays “Call for service: Device has a problem that may […]