Medtech companies face some tough times as the deadly coronavirus pandemic gains steam. But could this be the medical device industry’s Dunkirk, too? Just days ago, MassMEDIC president Brian Johnson made a call-out on LinkedIn for people to send ideas about how Massachusetts medical device companies could help fight COVID-19. He drew an analogy to […]
Permanent repeal of medical device tax headed to president’s desk
This article has been updated with comments from the Medical Alley Association and the Massachusetts Medical Device Industry Council (MassMEDIC). Both houses of Congress have now passed the 2020 federal spending package, which includes a provision to permanently repeal the 2.3% medical device excise tax. The package of eight spending bills awaits the signature of […]
7 innovative medtech leaders you need to know
Meet the leaders helping to define the next big innovations in medtech — and the program that’s helping them do it. MassDevice.com editor Sarah Faulkner spoke with seven participants of the MassMedic IGNITE cohort to learn about how the mentorship program has already aided in accelerating their successes. After a five-year hiatus, MassMedic’s IGNITE mentorship […]
20 medical device startups you need to know
Medical device startups continue to promote a wide variety of potential innovations, including new exoskeletons, electrical stimulation and portable light treatments. There are companies that think they can build a better AED or ear tube — or remove CO2 from respiratory failure patients’ blood through less invasive procedures. There’s even a startup touting voice analysis […]
Sterilization plant closures: Here’s why you need to care
The recent shutdown of a Sterigenics medical device sterilization plant in Willowbrook, Ill. has affected medtech giants such as Becton Dickinson (NYSE:BDX), Boston Scientific (NYSE:BSX), Medtronic (NYSE:MDT), Smith & Nephew (NYSE:SNN) and Stryker (NYSE:SYK), according to an FDA list of devices processed at the sterilization plant. Medium-sized and smaller firms, including Teleflex (NYSE:TFX), Arthrex and ArthroCare also had devices processed there. The Willowbrook plant sterilized 594 types of devices, including sutures, clamps, […]
DeviceTalks partners with MassMEDIC to highlight the Massachusetts medical device ecosystem at DeviceTalks Boston
For the second year, DeviceTalks and MassMEDIC have partnered to bring the MassMEDIC MedTech Showcase to DeviceTalks Boston on June 5-6. Boston, MA and Cleveland, OH – DeviceTalks is proud to announce that it has partnered with MassMEDIC for the second year to bring the MassMEDIC MedTech Showcase to DeviceTalks Boston on June 5-6 at […]
Lessons learned from Lantheus CEO Mary Anne Heino
At MassMedic’s Women in Medtech event last month, Lantheus Medical Imaging CEO Mary Anne Heino spoke with MassDevice.com editor Sarah Faulkner about her career in life sciences, the power of mentorship and the necessity of courage. When Mary Anne Heino first joined Lantheus Medical Imaging (NSDQ:LNTH) in 2013, she knew admittedly very little about the […]
DeviceTalks Boston: 5 medtech startups you need to know
From an individually tailored intra-corneal implant to an improved heart pump for open-heart surgery to new exoskeleton technology, there was a variety of medtech to check out during MassMEDIC’s recent Medtech Showcase. The 20th annual showcase, held last week at DeviceTalks Boston, provided a chance for a batch of 20 companies from around the world […]
Where medtech is putting its money this November
Republicans reaped nearly $3.3 million in federal political contributions from the medtech industry in the 2017-18 election cycle, compared with $1.85 million for Democrats, according to data collected by the Center for Responsive Politics, a nonprofit campaign finance watchdog group. Medtech has “historically been a little more Republican than the average industry,” said Andrew Mayersohn, committees researcher […]
MassDevice co-founder Johnson to lead MassMEDIC
MassDevice co-founder Brian Johnson is set to depart from the publication he founded nearly 10 years ago and take over as president of the Massachusetts Medical Device Industry Council. Johnson will succeed Tom Sommer as president of the regional medical technology association. Sommer has served as MassMEDIC’s president since the group was founded in 1996. The […]
Mass. medical device industry sees growth in VC funding, PMA approvals
Venture capital funding, PMA approvals and granted patents grew for Massachusetts-based medical device companies last year, according to a new report from firm Grant Thornton. The report, presented by managing principal George Serafin at MassMedic’s annual meeting, found that the Bay State’s medical device sector is second only to California for VC funding – reeling […]
