MedTech Dive - Latest News

VC funding in medtech ticks up, raising hopes that slump has bottomed

Nick Paul Taylor — Fri, 25 Aug 2023 10:00:00 -0400

Analysts also forecast renewed interest in M&A now that large companies have worked through a string of spinoffs.

Medtronic’s endovascular artificial intelligence pilot program treats first patient

Nick Paul Taylor — Fri, 25 Aug 2023 04:46:17 -0400

A physician in the pilot used a 3D map of patient tissue in the image-guided minimally invasive surgery.

‘Business as usual’ at Zimmer Biomet despite sudden CEO change

Elise Reuter — Thu, 24 Aug 2023 16:21:34 -0400

Incoming Chief Executive Ivan Tornos could accelerate the orthopedics company’s turnaround through acquisitions and by expanding its margins, analysts said.

Medtronic renal denervation device hits setback at FDA panel

Susan Kelly — Thu, 24 Aug 2023 10:08:04 -0400

The agency’s outside advisers found the risks of the procedure to lower blood pressure outweighed the benefits in a narrow vote.

Draeger’s ventilator sound insulation recall triggers FDA Class I notification

Nick Paul Taylor — Thu, 24 Aug 2023 07:07:57 -0400

The company found concentrations of a potentially carcinogenic foam component were above acceptable levels for children.

Recor wins FDA panel’s backing for high blood pressure device

Susan Kelly — Wed, 23 Aug 2023 10:49:12 -0400

The advisers found the company’s renal denervation system is safe and effective, but several panelists expressed concern about the long-term durability of the treatment.

BARDA backs Satio’s work on patch-based Ebola test for use in remote settings

Nick Paul Taylor — Wed, 23 Aug 2023 10:00:00 -0400

Satio will combine its patch-based blood collection device with Institut Pasteur de Dakar's Ebola virus immunoassay.

Bayer inks deal to commercialize Mahana’s prescription digital therapeutics

Nick Paul Taylor — Wed, 23 Aug 2023 06:39:20 -0400

The multimillion-dollar distribution and marketing partnership comes amid a decline in funding for prescription digital therapeutic companies.

Levita’s surgeon-controlled arm for magnetic procedures gains 510(k) clearance

Nick Paul Taylor — Wed, 23 Aug 2023 06:37:22 -0400

The device maker says the technology can reduce the need for an additional assistant in the operating room, driving efficiency.

Medtronic raises earnings forecast amid supply chain, diabetes business improvements

Elise Reuter — Tue, 22 Aug 2023 11:54:00 -0400

The company also shared an update on the planned divestment of its monitoring and respiratory interventions segments.