From Medical Design & Outsourcing

• Nissha Medical Technologies has a deal to buy Isometric Micro Molding
  Nissha Medical Technologies today announced a definitive agreement to acquire Isometric Micro Molding. Buffalo, New York-based Nissha Medical Technologies said it expects to close the deal by the end of 2023. Nissha Medical Technolgies (a subsidiary of Kyoto, Japan-based Nissha Co.) is a contract development and manufacturing organization (CDMO) focused on minimally invasive surgical instruments and wearable… […]
• BD limits executive severance after ‘golden parachute’ shareholder proposal overcomes board opposition
  Becton, Dickinson and Co. (BD) will now need stockholder permission for cash severance payouts to executives above a newly set limit. It’s the latest example of how executive compensation is being scrutinized in the medtech industry, where the world’s largest device manufacturers have collectively reduced headcount even as revenue hits record highs. BD’s medical and… […]
• Study shows that electrodes implanted in the brain led to cognitive improvements
  A study published in Nature demonstrated that implanted electrodes could provide a potential therapy for chronic brain injuries. Led by Dr. Nicholas Schiff, the study looked at five people with moderate to severe brain injuries. They received electrode implants in the brain and, with stimulation from the electrodes, saw improvements in cognitive performance. Researchers told The New… […]
• Millstone Medical Outsourcing plans testing services move to expanded facility
  NEWS RELEASE: Millstone Medical Outsourcing Will Move Testing Services to Expanded Facility in Bloomfield, CT Move expands facility footprint by 400% and includes new testing services Fall River, MA – Millstone Medical Outsourcing, the industry’s leading partner of choice for medical manufacturers’ post-manufacturing and aftermarket services, announces that it will move its testing services division… […]
• Levita Magnetics hopes AI can take MARS robotic surgery platform to the next level
  After winning FDA clearance to add robotics to its first-of-its-kind magnetic surgery system, Levita Magnetics is looking to artificial intelligence as the next big step. Mountain View, California-based Levita Magnetics designed the MARS system for high-volume abdominal surgeries such as laparoscopic bariatric surgeries, cholecystectomies (gallbladder removal), and prostate and colorectal procedures. “Our MARS system [allows]… […]
• How Medtronic evaluates its exposure to GLP-1 drugs
  Medtronic Chief Scientific, Medical and Regulatory Officer Dr. Laura Mauri drills into GLP-1 drug trial results to estimate their impact across the portfolio. The impact of glucagon-like peptide-1 (GLP-1) drugs like Ozempic and Wegovy on medtech manufacturing is one of the biggest uncertainties heading into 2024. Industry leaders like Medtronic, Stryker and Intuitive have faced… […]
• Brain-computer interface lets ALS patient control home devices
  Researchers say they observed the successful translation of brain signals into computer commands with a brain-computer interface (BCI) implant. A team at Johns Hopkins surgically implanted the BCI on the brain of an ALS (amyotrophic lateral sclerosis) patient. They published their results, which showed the accurate translation of computer commands from brain activity, in Advanced Science.… […]
• The 10 largest medtech employers of 2023 – and what their employees really think
  Employees at the 10 largest medtech employers in the world are finding a greater balance between work and life but are still frustrated by corporate bureaucracy. Those are just a few takeaways as Medical Design & Outsourcing compiled employees’ sentiments from reviews posted on Glassdoor. Total medtech jobs were down year-over-year in our 2023 Medtech… […]
• Imperative Care CEO Fred Khosravi’s dream for medtech — and how to get there
  Medtech leader Fred Khosravi is betting on an innovative — and risky — approach to patient care. Imperative Care co-founder, Chair and CEO Fred Khosravi, a refugee of the Iranian Revolution who became an engineer and serial entrepreneur in the U.S., wants medtech to shift its focus from treating diseases to treating patients. He’s taking… […]
• Can AI ‘move fast and cure things’ in healthcare?
  The entry of AI into healthcare is starkly different from the accepted adage of “move fast and break things” in consumerism. In episode 1 of AI Meets Life Sci, Kayleen Brown, managing editor at DeviceTalks, and Brian Buntz, pharma and biotech editor, discuss the opportunities, limitations, and direct impact of Ai in healthcare fields including… […]
• Mytos raises $19M Series A to automate human cell manufacturing
  NEWS RELEASE: Mytos Announces $19M Series A Funding to Automate Human Cell Manufacturing and Further Accelerate Growth London, UK – November 30, 2023 – Mytos, an innovative leader in automated cell manufacturing, announced today it has closed $19M in Series A financing led by Buckley Ventures, with participation from IQ Capital and Wing VC. The… […]