A new study has found that currently acceptable methods of reprocessing reusable bronchoscopes left most devices contaminated and damaged. “The results are worrisome as patients undergoing bronchoscopy are commonly at high risk for infection due to transplant status, critical illness, or immune-suppression due to malignancy or chronic disease,” said the study, funded by 3M and […]
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3M sticks it to non-sticky medical tape
3M has introduced a non-woven, elastic blend tape that may offer medical device wearers some relief from annoying problems such as losing its stickiness and skin irritation. The company says the single-coated tape, called 3M 4077, is water resistant, offers improved stretchiness and air penetration, and can be worn for up to 14 days. It combines adhesive with […]
7 exhibitors at DeviceTalks Minnesota you should know
DeviceTalks Minnesota is an annual event that allows some of the best minds in medtech to exchange ideas, insights and technologies. Medical Design & Outsourcing’s parent company WTWH Media holds DeviceTalks annually in Boston, Orange County, Calif., and the Twin Cities in Minnesota. It is hosted by MassDevice and attendees can plan to enjoy networking with people […]
3M Healthcare’s sales, profits gain in Q1
Sales and profits were up during the first quarter for the healthcare business at industrial conglomerate 3M Cos. (NYSE:MMM), the Minnesota-based company said today. 3M Healthcare posted operating profits of $460 million on sales of $1.54 billion for the three months ended March 31, for gains of 7.2% and 7.0%, respectively, over Q1 2017. Overall 3M […]
Income, sales rise for 3M Health Care’s during Q3
Sales and operating profits for the healthcare business at 3M Cos. (NYSE:MMM) rose during the third quarter, helping the industrial conglomerate top the consensus sales and earnings forecasts and sending share prices up today on Wall Street. 3M Health Care’s operating profits rose 9.3% to $471 million for the three months ended Sept. 30, compared […]
The 20 largest medical device companies in the world
When it comes to the largest medical device companies, it’s a changing cast of players – as demonstrated once again in Medical Design & Outsourcing’s latest Big 100 list. We pulled financial regulatory filings and reached out to major companies in some cases to create a list of the 100 largest medical device companies in […]
3M shares fall on Q2 earnings release
Shares in 3M‘s (NYSE:MMM) have fallen over 5% today after the conglomerate posted its 2nd quarter earnings results, squeaking just ahead of Wall Street expectations for earnings per share and falling short on revenue. The St. Paul, Minn.-based company posted profits of $1.6 billion, or $2.58 per share, on sales of $7.8 billion for the 3 […]
DeviceTalks: 3M’s Cindy Kent on leadership, growth and inclusion in medtech
Cindy Kent is no stranger to medtech – she’s spent 20 years in healthcare, moving up the ranks and finding her way to president & GM for 3M’s infection prevention division. She spoke with MassDevice.com Publisher Brian Johnson at the DeviceTalks event in Minnesota this week about her skills as a leader, how she ended […]
7 medtech stories we missed this week: June 9, 2017
From 3M’s expanded 510(k) clearance for its Tegaderm dressing to Medtronic and Acacia burying the hatchet, here are 7 medtech stories we missed this week but thought were still worth mentioning. 1. InspireMD inks Taiwanese distro deal for CGuard InspireMD announced in a June 8 press release that it has signed a distribution deal with […]
3M posts Street-beating Q1 results, updates full-year guidance
Shares in 3M (NYSE:MMM) rose today after the company met expectations on Wall Street with its 1st quarter results. The St. Paul, Minn.-based company posted profits of $1.32 billion, or $2.16 per share, on sales of $7.69 billion for the 3 months ended March 31, for bottom-line growth of 3.1% on sales growth of 3.8% compared with […]
13 more women leaders in medtech
The medtech industry is increasingly gaining women leaders. Johnson & Johnson and Medtronic have a handful of women in positions of power, which is a step forward for women considering that only 4% of healthcare CEOs are women. Keeping with the theme of March’s Women’s History Month, here are 13 more women leaders in medtech that we […]