Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, May 17, 2023.
Intuitive Surgical, a leader in robotic surgery systems, announced executive changes in its management team this week. Fast Five Hosts Danielle Kirsh and Sean Whooley detail the shake-up at the company, including who was promoted to president and EVP and chief strategy and corporate operations officer. Gary Guthart, who has been CEO since 2010, still remains at the helm.
Promising news in the field of pain management as the FDA approves Abbott’s spinal cord stimulation devices for non-surgical back pain. This milestone approval provides a new option for patients suffering from chronic back pain, offering potential relief without the need for invasive surgery. Whooley explains how the technology works and the study data that backs its use.
Smith+Nephew, a global leader in orthopedic technology, has unveiled a pair of AI-powered surgical robotics tools. These tools are designed to assist surgeons in complex procedures, enabling more precise and efficient surgical interventions. Fast Five hosts Whooley and Kirsh give an inside look at how the technology works and enables better workflows for surgeons.
A recent study conducted by Philips has shown that their recalled CPAP devices are unlikely to cause appreciable harm to users. This study could provide reassurance to patients who may have concerns regarding the safety of the company’s devices following a long few years of recalls. Whooley explains the results of the study and how optimistic CEO Roy Jakobs is.
In a strategic realignment, Cook Medical has announced layoffs affecting 500 workers. While workforce reductions are a challenging obstacle right now, Cook Medical’s strategic decision underscores the dynamic nature of the industry and the need for companies to adapt to changing market conditions. Hosts Kirsh and Whooley discuss which departments will be affected and what the company’s CEO has to say.
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