Officials at GE Healthcare (NYSE:GE) think the company’s new Thoracic Care Suite — a collection of eight AI algorithms from Lunit Insight CXR — could help clinicians in the fight against COVID-19. The AI suite, launched today, quickly analyzes chest X-ray findings and flags abnormalities for radiologist review, according to GE. It can spot potential pneumonia […]
HHS to pay $336m to GE, Ford for ventilators
The U.S. Dept. of Health and Human Services (HHS) announced today that it awarded a new $336 million contract to General Electric (NYSE:GE), in partnership with Ford, for ventilator production under the Defense Production Act. Under the contract, GE and Ford are slated to produce 50,000 ventilators by July 13, following President Donald Trump’s April 2 […]
Hamilton Medical, Vyaire lead the way among 7 new ventilator contracts from HHS
Hamilton Medical, Vyaire and Zoll Medical by far had the largest ventilator contracts among seven new deals that the U.S. Department of Health and Human Services has announced. The contracts, announced yesterday evening and worth a total of $1.44 billion, come on top of previously announced deals with Royal Philips (NYSE:PHG), which is receiving $646.7 million, […]
U.S. ventilator manufacturing is rapidly expanding: Here’s how
Amid a shortage of life-saving ventilators due to the coronavirus pandemic, medical device companies are rapidly expanding production, trade group AdvaMed reported today. Respiratory device companies that belong to AdvaMed have boosted ventilators production to 2,000–3,000 per week — and expect to soon reach 5,000–7,000 ventilators per week. Last year, the same companies were making […]
GE closes $20b sale of BioPharma to Danaher
General Electric (NYSE:GE) announced that it completed the sale of its BioPharma business to Danaher (NYSE:DHR) for net proceeds totaling approximately $20 billion. Boston-based GE said in a news release that, under the agreeement, it received a total consideration worth $21.4 billion, with $21 billion in cash along with Danaher’s assumption of certain pension liabilities. After accounting for […]
Ford partners with GE Healthcare to make 50k ventilators in 100 days
Ford Motor Company this week said it will start producing 50,000 ventilators in 100 days at its Michigan plant, and 30,000 a month thereafter as needed. GE Healthcare is slated to provide clinical expertise to Ford and will license the ventilator design from Airon. GE Healthcare recommended the Airon design to Ford as the company […]
AdvaMed: Invoking Defense Production Act could hinder U.S. medtech imports
Forcing manufacturers to repurpose their production lines to make equipment to fight the coronavirus epidemic might actually hurt the U.S. supply of those items, the head of medtech trade group AdvaMed said today. AdvaMed officials have talked with U.S. secretary of Health and Human Services Alex Azar and FDA commissioner Dr. Stephen Hahn about medtech […]
GE Healthcare quadruples ventilator production at Wisconsin plant
General Electric Healthcare (NYSE:GE) this week announced that it is doubling its production capacity for ventilators and expanding its Madison, Wisconsin, production line to 24-hour operation. In a report on GE’s website, the company shared that it has doubled its capacity of ventilator production with plans to double it again by the end of the second […]
Software is enabling medical 3D printing innovation: Here’s how
The 3D printers themselves get a lot of attention, but for 3D-printing to become ubiquitous in the medtech space, software will have to play a key role. A 3D printer without software to tell it where to place the material is a really nice, expensive coffee table, according to Scott Rader, a former Stratasys GM […]
Former GE medtech chief and imaging pioneer Walter Robb dies of coronavirus
Walter Robb — who led the medical business at General Electric (NYSE:GE) through much of the 1970s and ’80s as it became a profitable maker of CT scanners and MRI systems — is dead from coronavirus at age 92, according to media reports. Robb died early on the morning of March 23 at a hospital […]
Here’s some recent medical 3D printing news
Innovation in the medical 3D printing space continues to accelerate. Here are some of the top stories that got our attention at Medical Design & Outsourcing and MassDevice over the past year. June 2019 Digital manufacturing company Protolabs (Maple Plain, Minn.) rolls out metal 3D printing production capabilities. Materialise announced FDA clearance for its Mimics Enlight — a […]
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