Medtronic (NYSE:MDT) announced that it completed the first patient implants in the Titan 2 pivotal study of its investigational neuromodulation device. Fridley, Minnesota-based Medtronic’s Titan 2 trial will evaluate the safety and efficacy of the company’s implantable tibial neuromodulation (TNM) device in people with overactive bladder (OAB). The company designed the minimally invasive implantable TNM […]
Women's Health
Hologic opens new innovation center in France
Hologic (Nasdaq:HOLX) announced today that it opened its new innovation center in Aix-en-Provence, France. Marlborough, Massachusetts-based Hologic’s new innovation center follows on the back of the company’s 2019 acquisition of Aix-en-Provence-based SuperSonic Imagine, supporting its commitment to the EMEA (Europe, the Middle East and Africa) region. According to a news release, the new commercial office, […]
Medtech Color names winner of 2022 Pitch Competition
Medtech Color recently announced that it has selected the creator of an app for perinatal mental health as its 2022 Pitch Competition winner. Candlelit (New York City) walks away with $50,000 in non-dilutive funding as well as special prizes from Texas Medical Center Innovation, Johnson & Johnson and ResMed. Get the full story on our […]
Medtronic says data confirms effectiveness of AI-powered GI Genius in colonoscopy
Medtronic (NYSE:MDT) announced today that study results highlight the effectiveness of its GI Genius intelligent endoscopy module. The study, published in Gastroenterology, found that the use of GI Genius in conjunction with colonoscopy significantly decreases the miss rate (2x) of colorectal polyps and adenomas compared to standard colonoscopy. GI Genius uses AI to help detect colorectal […]
Butterfly Network receives $5M grant to provide technology to Sub-Saharan Africa
Butterfly Network (NYSE:BFLY) announced today that it received a $5 million grant to improve maternal and fetal health in Sub-Saharan Africa. Guilford, Connecticut-based Butterfly Network will provide 1,000 healthcare workers in Sub-Saharan Africa with its Butterfly iQ+ handheld, whole-body point-of-care ultrasound probe with the funds from the grant provided by the Bill & Melinda Gates […]
Hologic becomes global sponsor of women’s professional tennis
Hologic (NSDQ:HOLX) and the Women’s Tennis Association announced a partnership making Hologic the global title sponsor of the WTA Tour. The multi-year alliance represents the largest global sponsorship in WTA history, as well as Hologic’s first worldwide sponsorship. According to a news release, the partnership aims to achieve “significant progress through a shared vision of […]
Medtech Color names 10 finalists in 2022 Pitch Competition
Medtech Color recently announced the top 10 finalists for its 2022 Pitch Competition. The Medtech Color 2022 Pitch Competition is a foundational start for medical technology, early-stage startups creating innovative technologies. It focuses on startups led by Black and Brown founders to showcase products and services that directly benefit patients. Get the full story on […]
CooperCompanies to buy Cook Medical’s reproductive health business for $875M
Cook Medical has signed a letter of intent to sell its Reproductive Health business to CooperCompanies, the two companies announced today. CooperCompanies (NYSE:COO) plans to pay privately-held Cook Medical $875 million: $675 million at closing, then the remaining $200 million paid in four $50 million annual installments. The proposed deal — which could close in […]
Hologic beats the Street with first quarter earnings ahead of Super Bowl ad debut
Hologic (NSDQ:HOLX) posted fiscal first-quarter results today that beat the consensus forecast on Wall Street and increased its outlook for the rest of the year. “We expect upside from COVID-19 testing, plus organic growth in our base Diagnostics and Surgical businesses, to offset headwinds from supply chain challenges in our Breast Health business,” CFO Karleen […]
‘Itty bitty’ falloposcope imaging device used inside fallopian tubes for the first time
After years of development, University of Arizona researchers have captured their first images inside fallopian tubes with a new device that could be used to search for early signs of ovarian cancer. University of Arizona BIO5 Institute Director Jennifer Barton developed the high-resolution falloposcope, which has a diameter of only 0.8 mm. “It’s itty bitty,” […]
Hologic says Q1 results will be better than expected
Hologic (Nasdaq: HOLX) announced preliminary Q1 revenue numbers that beat its previous projections, as well as the expectations of The Street. The Marlborough, Massachusetts–based company brought in revenue of roughly $1.47 billion for the quarter ended December 25, 2021, down 8% from the same quarter a year before but well above its most recent guidance […]