Non-invasive monitoring technology developer Masimo (NSDQ:MASI) announced that it plans to acquire German ventilation company TNI Medical for an undisclosed amount. Irvine, Calif.-based Masimo pulled the trigger on the acquisition after it disclosed an investment in August 2019 that included an exclusive option to purchase Würzburg, Germany-based TNI. Masimo expects to close the deal in the […]
COVID-19
Major U.S. manufacturers answering call for ventilator needs
U.S. manufacturers — inside and outside medtech — are offering help amid shortages of ventilators, respirator masks and more needed to combat coronavirus. News broke this week that Memorial Sloan Kettering Cancer Center in New York is reportedly experiencing shortages of masks and other protective equipment, and it is not alone in that regard. Last […]
COVID-19 investigational vaccine clinical trial underway
A Phase 1 clinical trial for an investigational COVID-19 vaccine is underway at Kaiser Permanente Washington Health Research Institute in Seattle. The open-label trial plans to enroll 45 healthy adults aged 18 to 55 years over a six week period. The first study participant received the vaccine yesterday. Researchers at Kaiser Permanente Washington Health Research […]
BD seeks authorization for COVID-19 tests
Becton Dickinson (NYSE:BDX) said today it will submit an emergency use authorization request this week to the FDA for a coronavirus test that could be used on the BD Max molecular diagnostic system. The diagnostic system is used in hundreds of laboratories across the U.S., according to the company. “BD is also exploring the development of […]
Mayo Clinic develops coronavirus test with results in 24 hours
Mayo Clinic announced that it has developed a test to detect the SARS-CoV-2 virus that causes COVID-19. The individuals undergoing the Mayo Clinic test could receive their results within 24 hours, according to Mayo Clinic’s clinical virology laboratory director Matthew Binnicker. That compares with the several days to a week patients have been waiting for […]
Trump orders more general use respirators for healthcare workers
Amid the COVID-19 pandemic sweeping the globe, President Donald Trump issued an executive order to increase the availability of personal respiratory devices for healthcare workers. In a memorandum released by the White House on March 10, Trump declared that public health experts anticipate shortages in the supply of respirators available for use by healthcare workers […]
FDA asks manufacturers to help prevent protective gear shortages
The FDA said today it wants to hear from surgical mask and gown manufacturers that might be able to increase or speed production to prevent shortages in the U.S. during the COVID-19 outbreak. The agency said it may expedite review of manufacturing site changes or premarket submissions of personal protective equipment, including protective clothing, gowns, […]