Smith+Nephew announced today that it launched its Renasys Edge negative pressure wound therapy (NPWT) system in the U.S. London-based Smith+Nephew began the rollout in the U.S. as a patient-centric option for treating chronic wounds. The lightweight, compact system features a discreet canister and users can easily carry or wear it. It also operates quietly so […]
Wound Care
Fast Company names 10 medtech companies as most innovative of 2024
Fast Company recently named 10 medical device companies as some of the most innovative companies of 2024. Each year, Fast Company releases its list of the world’s most innovative companies. The list covers 58 industries and sectors, ranging from advertising to video. Companies on the “Most Innovative” list apply to be included, and then Fast […]
How Solventum plans to create value after spinning out of 3M
Bryan Hanson, soon-to-be CEO of 3M’s Solventum healthcare spinoff, is no stranger to major changes in medtech. He had direct involvement in medtech’s largest spinoff, when Covidien separated from Tyco. Hanson then led the integration of Covidien into Medtronic in medtech’s largest-ever acquisition. While at Medtronic, he also led the divestiture of its Patient Recovery […]
Integra LifeSciences launches MicroMatrix Flex
Integra LifeSciences today announced it launched its MicroMatrix Flex dual-syringe system for urinary bladder matrix (UBM) access. The Princeton, N.J.-based company designed MicroMatrix Flex to enable the convenient mixing and precise delivery of MicroMatrix paste to provide more convenient access to hard-to-reach spaces in wound management. “MicroMatrix Flex has allowed me to expand how I […]
Integra LifeSciences CEO Jan De Witte to retire
Integra LifeSciences announced today that President and CEO Jan De Witte informed the board of his intention to retire. De Witte plans to retire following the appointment of a successor. Integra anticipates that appointment to come by the end of 2024. Additionally, the company appointed Stuart Essig, Integra chair, to the role of executive chair, […]
Integra Lifesciences announces a plant closure
Integra Lifesciences is closing its ACell plant in Lafayette, Indiana, letting go of almost all of the workers. Princeton, New Jersey–based Integra informed the Indiana Department of Workforce Development in a Feb. 13 WARN notice that the closure will result in a layoff of 60 workers — 52 on April 26 and eight on May […]
3M wins $34.2M contract to develop wound care solutions
3M Health Care announced that its Medical Solutions Division received a $34.2 million award from the U.S. Army Medical Research Acquisition Activity. The award enables 3M to develop a range of new solutions for infection prevention, wound management and wound healing. St. Paul, Minnesota-based 3M plans to lead a program focused on treatment strategies for […]
Covalon Technologies names longtime 3M, BD exec as CEO
Covalon Technologies (TSXV:COV) announced today that it appointed Brent Ashton as its new CEO and as a board director. Ashton’s appointment goes into effect immediately. The medtech industry veteran has experience leading large business units for wound care, vascular access, infection prevention and diagnostics. His track record includes time spent at large medtech companies like […]
Ethicon unveils hemostatic sealing patch in Europe
Johnson & Johnson MedTech’s Ethicon today announced the European approval and introduction of Ethizia, its hemostatic sealing patch. The adjunctive hemostat solution helps to achieve sustained hemostasis in difficult to control bleeding situations. Ethizia features unique synthetic polymer technology for maximum adaptability. Ethicon said it’s the first and only hemostatic matrix designed to be equally […]
Covalon announces CEO departure, search for permanent replacement
Covalon Technologies (TSXV:COV) announced today that it named Amir Boloor as interim CEO following the departure of Brian Pedlar. Boloor serves as chair of the company’s board. As he takes on an executive role, the board appointed Joseph Cordiano to serve as lead independent director. Mississauga, Ontario-based Covalon commenced a search for a permanent CEO. […]
Sanuwave to go public in $127.5M SPAC merger
Wound care company Sanuwave Health announced that it entered into a business combination agreement with SEP Acquisition Corp. The merger with SEP, a special purpose acquisition company (SPAC), aims to create a Nasdaq-listed company. Upon the transaction’s completion, the combined company expects to operate under the Sanuwave name and the “SNWV” ticker. The proposed transaction […]