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Amazon

MedTech 100 roundup: Another peak for the industry

January 25, 2021 By Sean Whooley Leave a Comment

Medtech stocks have been on the rise in 2021, and the past week saw the trend continue with yet another all-time best mark. MassDevice‘s MedTech 100 index reached 107.4 points on Jan. 20, topping the all-time best of 106.81 points set on Jan. 8. That mark represents a 16% jump from the pre-pandemic high of 92.32 […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: Abbott, Amazon, Bardy Diagnostics, Boston Scientific, Cardiva Medical Inc., coronavirus, COVID-19, COVID-19 vaccine, GE Healthcare, Haemonetics, Hillrom, Intuitive Surgical, Joe Biden, MedTech 100 Index, Mesa Biotech, Obalon Therapeutics, Philips, Preventice, ReShape Lifesciences, Thermo Fisher Scientific

Amazon offers to help Biden administration with vaccine distribution

January 21, 2021 By Sean Whooley Leave a Comment

Amazon (NSDQ:AMZN) issued a letter to recently inaugurated President Joe Biden offering assistance with COVID-19 vaccine distribution. President Biden, who was sworn into office yesterday, was addressed in the letter from Amazon announcing its availability to help with his intent to distribute 100 million COVID-19 vaccine doses in his first 100 days in office. Get the full story […]

Filed Under: Business/Financial News, Featured, Pharmaceutical Tagged With: Amazon, coronavirus, COVID-19, COVID-19 vaccine, Joe Biden

MedTech 100 roundup: Industry skyrockets as hot streak continues

January 11, 2021 By Sean Whooley

The medtech industry’s seemingly unstoppable rise over the past several weeks shows no signs of slowing down. For the fourth time in five weeks, and for the third consecutive week, the MassDevice MedTech 100 Index — which includes stocks of the world’s largest medical device companies — hit an all-time high. Previous highs have largely been […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Research & Development, Wall Street Beat Tagged With: Amazon, Berkshire Hathaway, CES, coronavirus, COVID-19, COVID-19 vaccine, Dentsply Sirona, Dept. of Health & Human Services (HHS), Dow Jones, Henry Schein Medical, Hologic, JP Morgan Chase, MedTech 100 Index, PerkinElmer Inc., S&P, Smith+Nephew, Stryker

BREAKING: Amazon, Berkshire, JPMorgan joint healthcare venture is ending

January 4, 2021 By Sean Whooley

Amazon (NSDQ:AMZN), Berkshire Hathaway and JPMorgan Chase announced today that they are ending their joint healthcare venture. The venture, launched in 2018 and known as “Haven,” aimed to bring the companies’ scale and complementary expertise to a long-term project which initially focused on technology solutions to help provide their U.S. employees and families with “high-quality and […]

Filed Under: Business/Financial News, Featured, Healthcare Reform Tagged With: Amazon, Berkshire Hathaway, haven, Insurance, JP Morgan Chase

Amazon, Onica to support digital health for Teva’s Digihaler

October 22, 2020 By Sean Whooley

Teva Respiratory (NYSE:TEVA) announced that it is collaborating with Amazon Web Services (AWS) and Onica to build and host its digital health platform. The Teva Pharmaceuticals affiliate’s digital health platform is a cloud-based backend data system designed to support its FDA-approved Digihaler portfolio of breath-actuated digital inhalers and its companion mobile app that tracks inhaler events […]

Filed Under: Digital Health, Drug-Device Combinations, Featured, Health Technology, Pharmaceutical, Respiratory Tagged With: Amazon, Onica, Teva Pharmaceuticals

3M sues seller of fake and damaged N95 respirators

June 9, 2020 By Sean Whooley

3M (NYSE:MMM) announced that it filed a legal action in federal court alleging that a seller on Amazon inflated prices of fake, defective and damaged N95 masks. N95 masks have been in high demand as the COVID-19 pandemic roars on. In April, the U.S. Defense Dept. awarded a $76 million contract to 3M to produce the respirators […]

Filed Under: Business/Financial News, Featured, Legal News, Respiratory Tagged With: 3m, Amazon, coronavirus, COVID-19

3M sues Florida company for alleged mask price-gouging

April 15, 2020 By Nancy Crotti

3M (NYSE:MMM) has sued a Florida company for allegedly trying to sell tens of millions of the company’s N95 respirators to the federal government at inflated prices. The lawsuit filed in the U.S. District Court for the Northern District of Florida alleges that Orlando-based Geftico LLC twice attempted to fraudulently sell the “likely nonexistent” respirators at […]

Filed Under: Featured, Legal News, Respiratory Tagged With: 3m, Alphabet (Google), Amazon, coronavirus, COVID-19, Facebook

Could Alexa help fight coronavirus?

April 6, 2020 By Sean Whooley

The Amazon Echo smart home device may inadvertently prove to be a useful tool battling the ongoing COVID-19 pandemic. Among the many features of the smart speaker device, and those on the market that are similar to it, are capabilities as a public health tool. According to a column in The New York Times, these […]

Filed Under: Big Data, Business/Financial News, Digital Health, Featured, Health Technology, Software / IT Tagged With: Amazon, coronavirus, COVID-19

Report: Comcast to join home-health-monitoring fray

May 22, 2019 By Nancy Crotti

Comcast (NSDQ:CMCSA) is reportedly preparing to jump into the in-home health-monitoring market. The company will begin conducting pilot tests later this year and intends to launch a health monitoring device in 2020, according to a report by CNBC. Targeted toward seniors and people with disabilities, the device would use ambient sensors to determine whether they’re making extra […]

Filed Under: Business/Financial News, Digital Health, Featured, Health Information Technology, News Well, Patient Monitoring, Research & Development Tagged With: Accenture, Alphabet (Google), Amazon, Apple, bestbuy, comcast

‘Berkmorgazon’ health play Haven COO Stoddard steps away | Personnel Moves – May 17, 2019

May 17, 2019 By Fink Densford

Healthcare joint venture Haven, started by Amazon (NSDQ:AMZN), Berkshire Hathaway and J.P. Morgan, has lost its COO Jack Stoddard at just nine months post-hiring, according to a CNBC report. The former digital health general manager for Comcast told the news channel that he is departing the healthcare play due to personal reasons, including the distance between […]

Filed Under: Business/Financial News Tagged With: Amazon, avitamedical, Berkshire Hathaway, Boston Scientific, Cantel Medical Corp., Fresenius, gerresheimer, haven, JP Morgan Chase, oculartherapeutix, proteor, Pulmatrix Inc.

Report: Amazon’s Alexa is now HIPAA compliant

April 16, 2019 By Fink Densford

Amazon‘s (NSDQ:AMZN) Alexa is now HIPAA compliant, according to a recent CNBC report. The Seattle-based tech giant’s voice assistant is now cleared to work with hospitals and healthcare providers using protected health data and personal information, according to the report. Despite the clearance, the device still can’t be used to aid an individual connect with […]

Filed Under: Business/Financial News, Electronic Medical Records (EMR), Featured, Software / IT Tagged With: Amazon

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