Olympus announced today that it launched its new EU-ME3 endoscopic ultrasound processor platform. Tokyo-based Olympus says the EU-ME3 addresses needs of healthcare professionals for high-quality images during endoscopic ultrasounds. The company plans to launch the system in Europe, the Middle East, Africa, parts of Asia and Oceana during this fiscal year. Olympus’ technology assists in […]
Olympus
Olympus launches Thunderbeat surgical energy devices
Olympus announced today that it released its Thunderbeat open fine jaw type X surgical energy devices for open surgery. Thunderbeat features a new thermal shield designed to support safer procedures. The initial launch covers Japan. Olympus plans for a commercial launch in Europe, the U.S. and South Korea next month. Launches in other countries and […]
Olympus launches new surgical visualization platform
Olympus announced today that it launched its Visera Elite III surgical visualization platform for endoscopic surgery. Tokyo-based Olympus designed the Visera Elite III system to offer all imaging capabilities in one platform. Its uses include minimally invasive procedures such as laparoscopic colectomy and laparoscopic cholecystectomy. Visera Elite III combines 3D and infrared imaging capabilities from […]
Olympus splits scientific solutions from medtech to create Evident subsidiary
Olympus (TYO: 7733) announced today that it has completed the separation of its Scientific Solutions Division into a wholly-owned subsidiary called Evident. The creation of Evident — which encompasses life science research and industrial equipment — enables Olympus management to better focus on the continued growth of the company’s Medical Business, which made up 86% […]
Olympus enters exclusive U.S. distribution agreement with EndoClot Plus
Olympus (TYO:7733) announced today that it entered into a strategic distribution agreement with EndoClot Plus. EndoClot Plus develops technologies in the hemostasis space, including the EndoClot PHS — a nonthermal, nontraumatic method for achieving hemostasis with GI bleeds designed to help gastroenterologists stop bleeding rapidly and reliably. The biomaterial therapeutic solution developer is based in […]
The top 10 catheter innovations of 2021
Last year was a big year for catheter innovation as medtech companies large and small received regulatory approvals for devices ranging from TAVR to single-use endoscopes. Catheter innovations weren’t limited to just adults; Catheter-deployed devices for premature babies and toddlers were also approved and released. And catheter-based devices made up nearly half of last year’s Prix […]
Olympus announces $50M medtech venture capital fund
Olympus (TYO:7733) announced that it established Olympus Innovation Ventures to invest in medtech startups. Tokyo-based Olympus, which has its U.S. headquarters in Center Valley, Pennsylvania, said in a news release last week that the venture fund will invest in pioneering startups. Olympus wants the money to go toward startups seeking to improve clinical outcomes, reduce […]
How medtech fared in the first waves of the pandemic
Medtech industry revenue, research spending and employment declined in the first year of the COVID-19 pandemic, according to a Medical Design & Outsourcing analysis of financial data. Total sales, R&D spending and employment for the world’s largest medical device companies declined in 2020 and early 2021, according to a Medical Design & Outsourcing analysis tallying the ongoing pandemic’s initial […]
An even larger medtech supply chain shock looms beyond the pandemic
Superstorms, fires, droughts and other extreme events driven by climate change are already straining the industry’s supply chain — and it could get a lot worse. Drifting wildfire smoke made for blazing sunrises and sunsets this summer in Minnesota, where electronics manufacturer Nortech Systems has been replacing air handling equipment to ensure particle filtration and […]
How Olympus is using AI to find patients for its COPD device
Olympus recently announced its SeleCT Connect program, which uses diagnostic imaging AI to automatically screen which people might benefit from its Spiration valve system. Spiration is an FDA-designated breakthrough device for treating chronic obstructive pulmonary disease (COPD) patients. SeleCT Connect — offered as part of Olympus’ SeleCT quantitative computer tomography (QCT) analysis service — is […]
MedTech 100 roundup: On the rise again
Last week provided a glimmer of light for medtech after a rough few weeks as the industry continues to push in the right direction. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week (May 28) at 108.5 points, producing a 0.7% rise from the 107.74-point mark […]