Abbott and the American Diabetes Association this week announced that Abbott has become the first anchor sponsor of the Health Equity Now platform. The platform addresses health disparities for people living with diabetes. The sponsorship includes a three-year, $5 million commitment to support the American Diabetes Association’s (ADA) advocacy and community-driven projects that are aimed […]
Abbott
The 20 largest medical device companies in the world
The information in this year’s annual Big 100 rankings of the world’s largest medical device companies is as interesting as ever. The 100 companies on this year’s list had medical device businesses bringing in a whopping $420.5 billion during their most recent fiscal years — a nearly 6% increase from the 2019 Big 100. But […]
Qiagen readies portable digital COVID-19 antigen test
Qiagen (NYSE: QGEN) and its partner Ellume are gearing up for the launch of the QIAreach SARS-CoV-2 antigen test, which can reportedly process samples in 2–15 minutes. Qiagen notes that the test can process up to 30 swab samples per hour while supporting parallel processing of antibody tests. The companies have submitted the test for […]
Tech bridges gap between sales reps and surgeons
Medtech sales reps often are an essential presence during surgeries. But worries about the spread of the coronavirus and the availability of personal protective equipment have pushed most reps out of the operating rooms, leaving surgeons without a resource to which they’ve grown accustomed. Technology startups are stepping forward to reunite surgeons and sales reps […]
COVID-19 vaccine rally sees testing companies’ stocks dip
News of Pfizer and BioNTech’s COVID-19 vaccine candidate performing well has caused markets to rally this week. The two companies are collaborating on a vaccine candidate that has proven in early clinical data to be approximately 90% effective, and the news helped to propel MassDevice’s MedTech 100 Index to a new record high yesterday. However, […]
Abbott launches RF pain treatment device
Abbott (NYSE:ABT) announced today that it launched its IonicRF generator for non-surgical treatment for nervous system pain management. The recently FDA-cleared device is designed for minimally invasive treatment through radiofrequency ablation, using heat to target specific nerves and block pain signals from reaching the brain. According to a news release. it’s the first Abbott-developed RF ablation […]
Report: Some nursing homes refuse to use COVID-19 rapid antigen tests
Many rapid COVID-19 tests are going unused in nursing homes as there reportedly remain concerns over accuracy in detecting the virus. The Wall Street Journal reports that a federal survey of nursing homes found that 30% of 13,150 facilities that had rapid testing equipment for at least two weeks did not use it to test […]
DTW Podcast: Where will Intuitive find future growth? Abbott’s Moat on how population boom will boost demand
In this episode of the DeviceTalks Weekly Podcast, we’ll talk with Intuitive Surgical’s Julian Nikolchev, senior vice president, corporate development and strategy, and Dr. Oliver Keown, director of Intuitive Ventures, about the new $100 million venture fund. How will the capital be invested? Where does Intuitive see the opportunity, and how does the program fit […]
Study: Abbott antigen test can detect COVID-19 in asymptomatic people
A study out of Spain found that an antigen test made by Abbott (NYSE:ABT) is capable of detecting COVID-19 infection in asymptomatic people. Antigen-based rapid diagnostic tests are seen as a potential alternative to the standard for COVID-19 diagnosis, the RT-qPCR test, which has drawbacks including the need for laboratory processing, high cost and some long […]
Abbott launches next-gen 3D cardiac mapping platform in Europe, Australia
Abbott (NYSE:ABT) announced today that it received CE Mark and Australian approval for its new EnSite X EP system. EnSite X EP is touted as the only system that allows for navigation of the cardiac anatomy in two different ways through the same lone platform. The new cardiac mapping platform builds upon Abbott’s electrophysiology portfolio with […]
The most innovative medical device of 2020
Abbott (NYSE:ABT) announced today that it received the 2020 Prix Galien USA Award for Best Medical Technology for its MitraClip system. MitraClip, Abbott Park, Ill.-based Abbott’s minimally invasive transcatheter mitral valve repair (TMVR) system, was chosen from a field of 17 other nominees, according to a news release. MitraClip is delivered to the heart through a […]
