Medtech and pharma companies continue to support Ukraine relief efforts following Russia’s invasion. Previously, the World Health Organization announced that it was sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of supplies for trauma care and emergency surgery and other health supplies — to meet the needs of more than […]
Siemens Healthineers
World Health Organization sending 36 metric tons of medical supplies to Ukraine
The World Health Organization today said that it is sending more than 36 metric tons of medical supplies to support the humanitarian emergency in Ukraine following Russia’s invasion last week. WHO Director-General Tedros Adhanom Ghebreyesus said the organization is sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of […]
Siemens Healthineers’ Varian faces scrutiny over environmental cleanup at former Massachusetts site
Varian could reportedly face penalties due to the spread of toxic chemicals relating back to its former property in Massachusetts. The Salem News reported yesterday that more than 21 years ago, Beverly, Massachusetts officials requested that Varian — which was acquired by Siemens Healthineers in a $16.4 billion deal last year — test the bedrock […]
FDA grants EUA to Siemens Healthineers’ over-the-counter rapid COVID-19 test
Siemens Healthineers (ETR:SHL) announced that it received FDA emergency use authorization (EUA) for its Clinitest COVID-19 diagnostic. Tarrytown, New York-based Siemens Healthineers can now offer the Clinitest rapid COVID-19 antigen self-test over the counter as the need for COVID-19 testing rises in the U.S. According to a news release, the company designed the nasal swab […]
12 of medtech’s biggest personnel changes in 2021
As medtech companies continued to drive innovation throughout the past 12 months, a number of high-level executives led the way. Some of those companies and those executives opted for major changes over the course of 2021, though, with some high-profile moves from medtech giant to medtech giant. Here are some of the biggest personnel moves […]
The 10 largest medtech employers of 2021 – and what their employees really think
Employees of the 10 largest medtech employers are proud of working on life-saving products — with a greater appreciation for diversity and inclusion initiatives. That was one major takeaway as Medical Design & Outsourcing compiled some current and former employee reviews posted on Glassdoor. (Browse the online version of our Big 100 report.) Despite the pride, there was […]
The 100 largest medical device companies in the world
Nearly half a trillion dollars — $421 billion to be exact — that’s how much the world’s 100 largest medical device companies brought in over the past year amid the COVID-19 pandemic. That’s one of the big takeaways from the Big 100, MassDevice and Medical Design & Outsourcing‘s annual analysis of the worlds’ 100 largest medtech companies. (Check […]
Medtech M&A: The industry’s biggest mergers and acquisitions of 2021
Across 2021, medtech has seen a wide range of mergers and acquisitions covering several areas of devices, pharmaceuticals and more. Some have gone off without a hitch, while others fell into serious scrutiny as mouthwatering financial figures were revealed and major technologies were acquired. Here are the 10 biggest mergers and acquisitions in medtech in […]
Siemens Healthineers rises on Q4 revenue beat
Siemens Healthineers (ETR:SHL) shares ticked up today on fourth-quarter results that topped the consensus sales forecast. The Erlangen, Germany-based company posted profits of $538 million (€466 million), or 47¢ per share, on sales of $6 billion (€5.2 billion) for the three months ended Sept. 30, 2021, for a 7.9% bottom-line gain on sales growth of […]
FDA clears ‘major’ CT advance out of Siemens Healthineers
FDA announced today that it has cleared Siemens Healthineers’ Naeotom Alpha, describing the device as the first major computed tomography advancement in nearly a decade. The Naeotom Alpha uses the emerging CT technology of photon-counting detectors. The sensors measure each X-ray that passes through a person’s body. Previously, CT detectors have measured the total energy […]
Siemens Healthineers wins FDA clearance for Magnetom Free.Max MR scanner
Siemens Healthineers (ETR:SHL) announced today that it received FDA clearance for the Magnetom Free.Max magnetic resonance (MR) scanner. The German medtech giant developed the High-V MR scanner to combine a 0.55 Tesla field strength with deep learning technologies and advanced image processing to broaden the range of MR clinical applications, according to a news release. […]