Analysts at Citigroup bowed to the uncertainty surrounding Boston Scientific’s (NYSE:BSX) immediate financial future, delivering a downgrade to its stock rating as headwinds in its cardiac business are complicated by its recovery from a major cyberattack last month. Citi’s researchers have lowered their estimates for the company eight times so far this year, most recently […]
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Autonomix taps former Medtronic FDA counsel head for board of directors
Autonomix Medical (Nasdaq:AMIX) has tapped Medtronic’s former chief regulatory counsel, Sandra Cohen Kalter, for its board of directors as it looks to advance its pipeline of catheters for mapping and treating the nervous system. Kalter has served as an advisor to Autonomix’s board for nearly a year. Now with her own seat, the company hopes […]
Medtronic strengthens robotic surgery position with Cornerstone deal, analysts say
While some industry watchers have declared Medtronic’s (NYSE:MDT) recent marquee investment in Cornerstone Robotics a sign of wavering confidence in its homegrown Hugo platform, analysts say a closer look holds the potential of a broader customer base and stronger strategic position. In a note to investors, Needham & Co. analysts agreed with Medtronic’s pitch that […]
Science Corp. names president as it looks to roll out vision-restoring implant
Science Corp. has promoted its chief strategy officer to become its new president. The brain-computer interface company said Darius Shahida would continue his previous work leading its global commercialization and partnership efforts, following the European launch this summer of its Prima implant for restoring vision in patients with age-related macular degeneration, or AMD. In July, […]
Mindray looks to fill hospital ventilator gap left by Philips’ exit
Mindray is rolling out a new model in its hospital ventilator lineup, following the exits of major medtechs in the respiratory care sector, including Philips and Medtronic. According to the company, the SV70 allows clinicians to switch between non-invasive ventilation and integrated high-flow oxygen therapy. The system is currently available in the U.S., with demonstrations […]
Johnson & Johnson drops LAA assets following suspended pivotal study
Johnson & Johnson MedTech (NYSE:JNJ) is offloading a left-atrial appendage closure system it paid $400 million upfront for nearly three years ago, abandoning plans to compete in the space dominated by Boston Scientific and Abbott. Acquired through its late-2023 buy of the developer Laminar, J&J’s Biosense Webster then backed a pivotal study that sought to […]
Neptune Medical’s robotic colonoscopy system obtains FDA clearance
Neptune Medical has landed an FDA clearance for its robotic system designed to provide stable control during colonoscopy. The Triton 1 flexible endoscopy system is designed to reach anywhere within the colon for both diagnostic and therapeutic procedures, including screenings for colorectal cancer as well as the removal of early-stage tumors and precancerous growths. According […]
Medtronic grabs FDA clearance to add LigaSure vessel sealer to Hugo
Medtronic (NYSE: MDT) has received an FDA green light to bring its vessel-sealing technology over to its Hugo surgical robot, adding to the platform’s U.S. catalog of energy instruments. The agency’s clearance covers the first version of the LigaSure Maryland jaw device designed specifically for robotic-assisted surgery. According to Medtronic, the hand-held vessel sealer has […]
Paradromics’ first study participant uses BCI for real-time speech
Paradromics demonstrated that its brain-computer interface implant could enable real-time speech communication, with its first early study participant able to choose her own words and answer open-ended questions. The woman received a diagnosis of a progressive motor neuron disease about 10 years ago, in a group of conditions that includes amyotrophic lateral sclerosis and primary […]
Medtronic hires former Recor CEO to run interventional cardiology group
Medtronic (NYSE:MDT) has hired former Recor Medical President and CEO Lara Barghout as president of the Interventional Cardiology Therapies (ICT) operating unit. The ICT business covers minimally invasive therapies in structural heart, coronary, and hypertension management, the last of which includes renal denervation (RDN). Watch on-demand: The 2026 MDO Min-Vasive Medtech webinar series Recor Medical won […]
Abbott wins FDA approval for Aveir VR Mini ventricular leadless pacemaker
Abbott (NYSE: ABT) announced today that the FDA has approved the smallest version yet of its Aveir leadless pacemakers. The Aveir VR Mini ventricular leadless pacemaker is 32.5 mm long, a 14% reduction from the 38.0 mm of the existing Aveir VR ventricular leadless pacemaker. According to Abbott, it designed the system to deliver longevity […]
