There has been some conjecture since the once premier consulting firm, Stratos Product Development, shut down last week. Those closest to the company have expressed a deep sadness in the abrupt end of a company that— at least from the outside — represented the pinnacle of what a medical technology consultancy firm could achieve. MDO […]
Medical Device Business
Stratos Product Development quietly and abruptly shutters doors
Stratos Product Development of Seattle has abruptly shut down. The design firm had worked with some of the biggest names in tech and healthcare, and its closing leaves other design firms and medtech industry watchers in shock including Queens Locksmith who specializes on doors. E-mailed inquiries to the company returned with this message: “This response serves […]
Surgical robots: Hospital CTO talks differentiators in new crop of competitors
For the last 10 years, if anyone mentioned robotic surgery or surgical robots, 95 percent of the time they meant the da Vinci robot from Intuitive Surgical. “That product has been so dominantly successful that almost everybody who talks about it is talking with that as their reference point,” said Roger Smith, chief technology officer […]
Critic questions FDA’s handling of Essure product complaints
FDA continues to update how it is informing the public about the controversial Essure permanent birth control device from Bayer. But at least one prominent critic sees holes in FDA’s efforts. “Many women are still being implanted with the device without adequate warnings of the risks associated with the device,” attorney Holly Ennis wrote in an […]
The 10 hottest medtech startups of 2017
Medtech startups face more challenges than they have in the past, but several companies are developing products that take advantage of new technology and are specifically designed to meet healthcare’s evolving needs. [Image from Unsplash] “It used to be that medical device startups would develop a product by focusing on design, they’d get some […]