The medtech industry hit a slight lull in the early stages of 2021 and, after signs of a rebound, it has soared beyond levels ever before seen. MassDevice‘s MedTech 100 Index had been building up steam in the month of April, rising from 102.16 points at the beginning of March all the way to 109.39 to […]
Microsoft
Microsoft spending $19.7B on Nuance and its AI for healthcare providers
Microsoft announced today that it will acquire Nuance Communications and its AI-based software used by healthcare providers. Under the agreement, Microsoft will buy Nuance at $56 per share, representing a 23% premium to Nuance’s closing price on Friday, April 9, 2021. The all-cash transaction is valued at $19.7 billion, inclusive of Nuance’s debt, according to […]
Some SpaceLabs devices vulnerable to serious cyberattack
Certain SpaceLabs Healthcare telemetry receivers are at risk of cyberattack by a program as virulent as the WannaCry malware attacks of 2017, according to the U.S. Department of Homeland Security. The SpaceLabs Xhibit telemetry receiver model number 96280, v1.0.2 and all versions of a former SpaceLabs product, Arkon, may be affected by the BlueKeep virus, […]
URGENT/11 cybersecurity vulnerabilities could affect medtech
This article has been updated with information from BD. Cybersecurity researchers have identified 11 vulnerabilities that could allow anyone to remotely take control of an imaging system, an infusion pump or an anesthesia machine, according to the FDA. More types of devices may be affected as well. The vulnerabilities, called URGENT/11, allow attacks to occur […]
