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Abbott

Abbott launches first VR OCT training for surgeons

December 9, 2020 By Sean Whooley

Abbott (NYSE:ABT) announced today that it launched its first virtual reality-based training program for interventional cardiologists. The company’s new training program uses VR with traditional training techniques to increase experience and expertise in using Abbott’s optical coherence tomography (OCT) to improve outcomes in patients who need a stent to open clogged arteries, according to a news […]

Filed Under: Business/Financial News, Cardiovascular, Digital Health, Health Technology, Software / IT, Stents, Structural Heart, Vascular Tagged With: Abbott, Virtual Reality

How did medtech companies score on environmental stewardship list?

December 8, 2020 By Nancy Crotti

Medical Design & Outsourcing recently rated the world’s largest medical device companies — the Big 100 — for their sales numbers and R&D spend. Now we can share how some of them scored on an environmental nonprofit’s annual list of companies ranked for their actions on climate change. Not-for-profit organization CDP (Stockholm, Sweden) runs a global disclosure system for […]

Filed Under: Business/Financial News, Featured Tagged With: 3m, Abbott, Abiomed, Align Technology, Baxter, Bayer, becton dickinson, Boston Scientific, Canon, Cardinal Health, Carl Zeiss Meditec, CDP, danaher, Edwards Lifesciences, elkemsilicones, emerson, Fujifilm, Henry Schein Medical, Hologic, Intuitive Surgical, Johnson & Johnson, Kyocera, Medtronic, Olympus, PerkinElmer Inc., Qualcomm, ResMed, Robert Bosch North America, royalphilips, stericycle, Steris Corp., Stryker, TE Connectivity, Terumo, Tessy Plastics, Thermo Fisher Scientific, Toray Industries, Varian Medical Systems, Zimmer Biomet

Which COVID-19 diagnostics are most sensitive?

December 4, 2020 By Sean Whooley

The FDA SARS-CoV-2 Reference Panel released a comparison pitting COVID-19 diagnostics against each other for superior sensitivity. Developers of the diagnostics are asked to perform a range-finding limit of detection (LoD) for detectable units per mL, according to the FDA release. The PerkinElmer New Coronavirus Nucleic Acid Detection Kit and the Viracor SARS-CoV-2 assay led […]

Filed Under: Diagnostics, Featured, Food & Drug Administration (FDA), Genomics/Molecular Diagnostics, Regulatory/Compliance Tagged With: Abbott, coronavirus, COVID-19, Hologic, PerkinElmer Inc., Roche, Zymo

FDA agrees on independent confirmation needs for COVID-19 antibody tests

December 4, 2020 By Sean Whooley

The FDA issued a letter confirming that all emergency use-authorized COVID-19 antibody serology tests should be supplemented with a second, independent test. The letter, dated Dec. 1, 2020, states that the FDA concurs with the additional statement to Abbott’s (NYSE:ABT) fact sheet for healthcare providers which outlines the risk of false-positve results. FDA received the supplement […]

Filed Under: Diagnostics, Featured, Food & Drug Administration (FDA), Genomics/Molecular Diagnostics, Regulatory/Compliance Tagged With: Abbott, coronavirus, COVID-19, FDA

Canada approves Abbott Freestyle Libre 2 for adults and children

December 3, 2020 By Sean Whooley

Abbott (NYSE:ABT) announced that Health Canada has approved its FreeStyle Libre 2 continuous glucose monitor for adults and children. The next-generation, wearable, sensor-based CGM technology with real-time alarms is approved for use in adults and children (four years old and up) and will be priced the same as the current FreeStyle Libre system, according to a […]

Filed Under: Diabetes, Drug-Device Combinations, Patient Monitoring, Regulatory/Compliance Tagged With: Abbott, Health Canada

CMS finalizes coverage updates that increase access to VADs

December 2, 2020 By Sean Whooley

The Centers for Medicare & Medicaid Services (CMS) finalized policies that increase access to artificial hearts and ventricular assist devices (VADs). In August, CMS proposed the coverage policy updates meant to increase access to VADs and artificial hearts, which represented potentially good news for major VAD makers Abbott (NYSE:ABT)  and Medtronic (NYSE:MDT) and for people with heart failure who […]

Filed Under: Business/Financial News, Cardiovascular, Medicare, Structural Heart, Vascular Tagged With: Abbott, Centers for Medicare and Medicaid Services (CMS), Medtronic

Next-gen MitraClip performs as well as earlier version

November 30, 2020 By Sean Whooley

The award-winning next-generation MitraClip from Abbott (NYSE:ABT) reportedly performs as well as the previous version of the heart valve technology. According to reports in TCTMD, analysis presented by Abbott last week from its EXPAND registry compares favorably with outcomes seen in the landmark COAPT trial back in 2018. EXPAND was conducted across 57 locations in the […]

Filed Under: Cardiac Implants, Cardiovascular, Clinical Trials, Featured, Replacement Heart Valves, Structural Heart Tagged With: Abbott

Abbott signs on to sponsor diabetes care equity effort

November 19, 2020 By Danielle Kirsh

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 […]

Filed Under: Business/Financial News, Diabetes Tagged With: Abbott, American Diabetes Association

The 20 largest medical device companies in the world

November 16, 2020 By Chris Newmarker

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 […]

Filed Under: Business/Financial News, Wall Street Beat Tagged With: 3m, Abbott, Alcon, B. Braun, Baxter, BD, becton dickinson, Big 100, Boston Scientific, Henry Schein Inc., Henry Schein Medical, MassDevice Big 100, Owens and Minor, owens&minor, Zimmer Biomet

Qiagen readies portable digital COVID-19 antigen test

November 12, 2020 By Brian Buntz

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 […]

Filed Under: Business/Financial News, Diagnostics Tagged With: Abbott, antigen test, coronavirus, COVID-19, Qiagen N.V., Roche

Tech bridges gap between sales reps and surgeons

November 10, 2020 By Nancy Crotti

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 […]

Filed Under: Business/Financial News, Featured, Surgical Tagged With: Abbott, Avail Medsystems, DeviceTalks, Explorer Surgical, Philips, Reacts, Smith+Nephew

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