Philips and Masimo today announced an FDA clearance that allows the incorporation of Masimo’s advanced monitoring tech into Philips’ existing high-acuity patient monitors. The FDA clearance allows the companies to use SedLine brain function monitoring, Regional Oximetry and CO2 measurements in Philips’ patient monitors, IntelliVue MX750 and MX850. This is the latest extension of Masimo […]
Masimo
Masimo management trades blows with activist investor Politan
The fight for two seats on the Masimo board is heating up ahead of the medtech developer’s annual shareholder meeting next month. Masimo management and activist investor Politan Capital Management released dueling presentations over the last 24 hours in support of their respective director nominees. Previously: Masimo beats the Street in Q1 ahead of proxy […]
Masimo expands HEOS home monitoring platform
Masimo (Nasdaq:MASI) today announced the global expansion of its HEOS platform for always-on connection through its secure cloud. The Masimo Health secure cloud covers 4 million devices, offering customers an enhanced health-tracking experience. This software upgrade enables Masimo’s devices and cloud solution to seamlessly integrate with HEOS-enabled devices. Those include sound bars, wireless speakers, amplifiers […]
Masimo beats the Street in Q1 ahead of proxy fight; CEO discusses Apple mistrial
Masimo reported Street-beating first-quarter results and maintained its full-year 2023 guidance ahead of a proxy battle at the annual meeting of shareholders. Investors reacted by sending MASI shares up 1% to $186.50 apiece in after-hours trading today. MassDevice‘s MedTech 100 Index, which includes stocks of the world’s largest medical device companies, was down slightly. The […]
Masimo trade secret suit against Apple ends in mistrial
The ongoing patent spat between Masimo and Apple has another twist as a federal judge declared a mistrial. A federal judge in California made the ruling yesterday after jurors could not come to a unanimous verdict, according to a Reuters report. A Masimo spokesperson issued the following statement following the ruling: “While we are disappointed […]
Masimo launches Stork at-home baby monitoring system
Masimo (Nasdaq:MASI) announced today that it launched its Stork at-home monitoring system for babies. Irvine, California-based Masimo designed Stork to offer parents insights into their baby’s health data. It could help them learn more about and be better connected with their baby, Masimo says. “When we set out in 1989 to reinvent pulse oximetry, we […]
Masimo wins FDA de novo nod for opioid overdose prevention, alert system
Masimo announced today that its Masimo Opioid Halo received de novo authorization from the FDA. Irvine, California-based Masimo now offers the first and only FDA-cleared monitoring system for detecting opioid-induced respiratory depression. The company said in a news release that it also became the first winner of an FDA Opioid Innovation Challenge. In 2018, the […]
Masimo unveils Freedom health-tracking smartwatch
Masimo announced today that it unveiled the Freedom smartwatch for continuous health tracking. Irvine, California-based Masimo says it designed its Freedom smartwatch to “revolutionize the wearable technology industry.” Along with continuous health tracking, it features novel hardware for reducing radiation and freeing users from privacy infringement. The company said in a news release that the […]
Masimo announces corporate governance, executive pay changes
Masimo (Nasdaq:MASI) announced today that it made a series of changes to its board of directors and governance policies. The company attributed the changes to an ongoing board refreshment and governance review process. Regular engagement with stockholders informed these changes, according to a news release. “We recently visited several of our large stockholders and had […]
Masimo beats The Street in Q4 to cap off a ‘momentous year’
Masimo (Nasdaq: MASI) reported Street-beating fourth-quarter results and 2023 guidance that surpassed analysts’ expectations. CEO Joe Kiani, in a news release yesterday evening, described 2022 as a momentous year for the health monitoring tech company. He said Masimo has already completed its integration with Sound United, the maker of high-end sound systems that it acquired for […]
Philips, Masimo expand patient monitoring partnership with Masimo smart watch
Philips (NYSE:PHG) and Masimo (Nasdaq:MASI) today announced that they expanded their patient monitoring partnership to home telehealth applications. The companies extended their partnership to augment patient monitoring capabilities at home with the Masimo W1 watch. The advanced health-tracking watch first launched to early adopters in May 2022. It holds CE mark approval while FDA clearance […]