Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci reportedly says goggles could further prevent the spread of COVID-19. Reports from ABC News say that Fauci told the outlet’s chief medical correspondent, Dr. Jennifer Ashton, on an Instagram Live conversation that Americans should consider wearing goggles or a face shield to protect […]
coronavirus
Here at MassDevice — medtech's online business journal — we're covering news about the coronavirus (COVID-19) pandemic daily. Here is the latest about coronavirus and the medical device industry, regulatory changes related to the pandemic, new tests for the virus, vaccine development, and much more.
Sorrento licenses COVID-19 saliva test
Sorrento Therapeutics (NSDQ:SRNE) announced that it entered into a licensing agreement with Columbia University for its COVID-19 saliva diagnostic test. The one-step diagnostic test is designed to detect SARS-CoV-2 (the virus causing coronavirus) in as little as 30 minutes from a sample of saliva. Developed by a team at Columbia, the test will be marketed […]
Baxter dips on missed Q2 projections
Baxter (NYSE:BAX) shares took a hit today on second-quarter financial results that came up short of the consensus forecast. The Deerfield, Ill.-based company posted profits of $247 million, or 48¢ per share, on sales of $2.7 billion for the three months ended June 30, 2020, for a 21.1% bottom-line slide) on a sales decline of -4.1%. […]
Masimo providing pulse oximeters to monitor NBA players
Masimo (NSDQ:MASI) announced today that it entered into a partnership with the National Basketball Association to become its official supplier of pulse oximetry. The NBA is scheduled to return to competitive play tonight after going through steps to maintain safety in a “bubble”-style camp in Orlando, Fla. with 22 teams in an effort to ensure safety […]
Dems seek to force EPA action on ethylene oxide monitoring
Democrats in both houses of Congress have introduced legislation that would force the U.S. Environmental Protection Agency to better monitor emissions of ethylene oxide (EtO) from plants that manufacture the toxic gas or use it to sterilize medical devices. The Public Health Air Quality Act of 2020, sponsored by Sen. Tammy Duckworth (Ill.) and Rep. Lisa Blunt Rochester […]
FDA issues EUA for Truvian COVID-19 test
Truvian Sciences announced that it received FDA emergency use authorization (EUA) for its Easy Check COVID-19 IgM/IgG antibody test. San Diego-based Truvian’s test is now being produced at a mass scale at a U.S.-based manufacturing facility and will be made available to healthcare practitioners immediately, according to a news release. The test has undergone validation […]
Teleflex slides on revenue, profit dips in Q2
Teleflex (NYSE:TFX) shares fell today despite second-quarter results that came in well ahead of the consensus forecast. The Wayne, Pa.-based surgical and critical care device maker posted profits of $11.5 million, or 24¢ per share, on sales of $567 million for the three months ended June 28, 2020, for an 86.3% bottom-line slide on a sales […]
Hologic booms on Q3 revenues driven by COVID-19 diagnostics
Hologic (NSDQ:HOLX) shares got a huge boost today on third-quarter results that beat the consensus earnings forecast. Shares of HOLX were up 10.1% at $70.49 before the market opened today, then remained strong during early-morning trading, registering up 9.3% at $69.98. The Marlborough, Mass.-based company posted profits of $136.4 million, or 53¢ per share, on sales […]
GE drops on mixed bag Q2, healthcare sales down more than a fifth
General Electric (NYSE:GE) shares closed the day on the downturn after posting mixed second-quarter results compared to the consensus forecast. The Boston-based company posted losses of -$2.1 billion, or -27¢ per share, on sales of $17.8 billion for the three months ended June 30, 2020, for a bottom-line slide into the red on a sales […]
Advamed: Diagnostic COVID-19 tests shipments hit 1m
U.S. shipments of COVID-19 molecular diagnostic tests reached 1 million per day for the week ending July 24, based on the latest data from AdvaMed’s national testing registry. The medtech trade group launched the registry July 21 to aid state and federal pandemic responses. “This incredible milestone is just the latest example of how the medical technology industry […]
LivaNova slides despite forecast-topping Q2 results
LivaNova (NSDQ:LIVN) shares dipped today despite second-quarter results that beat the consensus forecast. The London-based medtech company posted losses of -$88 million, or -$1.81 per share, on sales of $182.2 million for the three months ended June 30, 2020, for a massive bottom-line slide from losses of $29.2 million this time last year on a sales […]