AdvaMed CEO Scott Whitaker appeared before the U.S. Senate Finance Committee today to continue to assert that medtech deserves tariff exemptions in trade negotiations. “To be clear, we applaud the president’s efforts to bring more manufacturing back the United States and fix some of the existing trade imbalances, but the reality is, up to 70% […]
AdvaMed
AdvaMed describes tariffs pause as encouraging
Medtech trade group AdvaMed sounded positive today about President Donald Trump’s decision to pause some tariffs for 90 days. AdvaMed CEO CEO Scott Whitaker said in a statement: “We are encouraged by the President’s announcement of a 90-day pause on reciprocal tariffs. This is an important decision that restores some short-term certainty to global markets, […]
Medtech stocks sink in trade war
The past week has been tough on the stocks of major medtech companies, which, like many, are figuring out how to manage the Trump administration’s new global trade war. The S&P 500 briefly entered bear market territory today as it swung wildly in response to chaotic news reports about what the administration and other countries […]
AdvaMed weighs in on Dr. Oz’s selection to lead CMS
President-elect Donald Trump today said he is nominating Dr. Mehmet Oz to serve as administrator of the Centers for Medicare & Medicaid Services (CMS). Oz would serve under Robert F Kennedy Jr. — who Trump nominated as secretary of the U.S. Department of Health and Human Services — if Oz and Kennedy are confirmed by […]
AdvaMed picks GE HealthCare CEO Peter Arduini as new chair, forms medical imaging division
AdvaMed today announced the appointment of GE HealthCare CEO Peter Arduini as its board chair as it establishes a medical imaging division. Arduini takes over the board chair spot from former Johnson & Johnson MedTech head Ashley McEvoy. McEvoy resigned from her position at J&J in October and subsequently stepped down as AdvaMed chair less […]
Ashley McEvoy’s J&J exit means new leadership for AdvaMed board
Former Johnson & Johnson EVP and Johnson & Johnson MedTech Worldwide Chair Ashley McEvoy will step down as the chair of the Advanced Medical Technology Association (AdvaMed) board of directors. That’s according to an AdvaMed spokesman, who couldn’t yet say when McEvoy would step down or whether anyone has been tapped to serve the rest […]
How can medtech companies innovate their business models?
In an ever-changing medtech space, how do companies keep up with the pace of change? How do companies adjust and innovate their business models to reflect that? Leaders from some of medtech’s biggest names attempted to answer some questions around that at AdvaMed’s The MedTech Conference yesterday. (Want to find out more? Leaders from major […]
Johnson & Johnson MedTech’s leader is AdvaMed’s new chair
AdvaMed announced today that it has named Ashley McEvoy, EVP of MedTech at Johnson & Johnson, as its new chair. The group’s board of directors unanimously elected McEvoy as its chair during its quarterly meeting yesterday. She is the first woman to serve as chair at the major U.S. medical technology trade association, which was […]
How Medtronic, Abbott, ResMed see healthcare improving through ecosystems
According to McKinsey & Company Senior Partner Rajesh Parekh, “ecosystem” is a word used plenty in the tech world. Now it’s coming into the medtech space. So, what is an ecosystem? How can medtech companies take advantage of one to provide better care and improved patient outcomes? How can they do so with speed in […]
5 top trends shaping the medtech industry
Ashley McEvoy is an industry veteran and the EVP and worldwide chair of Johnson & Johnson MedTech. Michael Minogue, another veteran, serves as chair, president and CEO of heart pump maker Abiomed. Together, the two bring a wealth of medtech industry knowledge to the table. They demonstrated that in a “CEOs Unplugged” discussion at AdvaMed’s […]
How Dexcom uses wearables to deliver differentiated diabetes management
Dexcom (Nasdaq:DXCM) is one of the leaders in the diabetes technology space with its continuous glucose monitoring (CGM) technology. The company’s current-generation Dexcom G6 CGM remains one of the biggest players in the CGM space. Meanwhile, its next-generation Dexcom G7 CGM has already launched in a number of countries overseas. The wearable device — which […]
