Medical Device Vendors

Former medical device CEO convicted for medical device fraud

March 8, 2024 - In a press announcement published on March 6, 2024, the United States Attorney’s Office of the Southern District of New York revealed that Laura Perryman, founder and former CEO of Stimwave, was convicted on one count of healthcare fraud and conspiracy to commit healthcare fraud. The charges carry a maximum sentence of 30 years; however,...

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FDA Updates Medical Device Sterility Guidelines

by Veronica Salib

Earlier this week, on January 8, 2024, the United States FDA announced a revised version of its guidance on medical device sterility: Submission and Review of Sterility Information in Premarket...

Johnson and Johnson Reveals General Surgery Robot Timeline

by Veronica Salib

Yesterday, Johnson and Johnson MedTech issued a press release to its investors and the public detailing the timeline for its general surgery robot. According to the announcement, the company intends to...

Stryker’s New Automated Image-Guided Therapy Tool Propels Sector Competition

by Hayden Schmidt

Last month, Stryker commercially launched the first fully autonomous surgical guidance system for cranial and spinal surgery applications. The product utilizes a proprietary FP8000 camera that...

Comparing Stryker and Medtronic’s 2022 ESG Ratings

by Hayden Schmidt

Environmental, Social, and Governance (ESG) ratings are top of mind for most healthcare executives as organizations shift to accommodate changing social expectations and new ethical standards....

FDA Recalls Several J&J Medical Devices After Reports of Burn Injuries

by Hayden Schmidt

Tuesday, the FDA issued a Class I recall of reusable patient return electrodes produced by Johnson and Johnson subsidiary Megadyne Medical Products after receiving reports of patients suffering burn...

OTC Hearing Aids Are as Effective as Prescription Hearing Aids

by Veronica Salib

A new study by researchers at the University of Colorado and the University of Pretoria determined that over-the-counter (OTC) hearing aids are as effective as prescription hearing aids for managing...

Globus Medical and NuVasive Agree to $3.1B Merger

by Hayden Schmidt

On Thursday of last week, Globus and NuVasive announced their decision to enter into a definitive agreement combining the two companies in an all-stock transaction. The deal was unanimously approved by...

Orchestra BioMed Goes Public After $110 Million PE Fund Raise

by Hayden Schmidt

Orchestra BioMed was introduced on the Nasdaq Global Market this month after completing its combination with the special purpose acquisition company Health Sciences Acquisitions Corporation 2. Gross...

GE Healthcare to Acquire IMACTIS for CT Interventional Guidance

by Hayden Schmidt

After its separation from parent company General Electric (GE) at the beginning of the year, GE HealthCare has already entered into an acquisition deal with the France-based IMACTIS. In announcing the...

Philips’ New Artificial Intelligence-Enabled Medical Imaging Application

by Hayden Schmidt

Last week, Philips announced that it received FDA 510(k) clearance for its magnetic resonance for calculating attenuation (MRCAT) imaging and simulation applications. The company’s MRCAT Head and...

GE Healthcare’s Deal to Boost Supply of Medical Imaging Contrast Agents

by Hayden Schmidt

Last week, GE Healthcare’s Pharmaceutical Diagnostic business announced that it was re-upping its iodine deal with Sociedad Quimica y Minera de Chile (SQM). The long-term agreement will help GE...

New Remote Patient Monitoring Technology for Sleep Apnea Announced

by Veronica Salib

On September 13, 2022, Silent Night Therapy announced a new remote patient monitoring technology for sleep apnea. This technology could revolutionize sleep apnea testing, which currently requires...

Novel Micro Device Simplifies IVF, Male Subfertility

by Alivia Kaylor

A University of Adelaide research team and medical technology company, Fertilis, have produced a novel micro device to simplify the only fertility treatment technique associated with men with low sperm...

RoddyMedical Launches Medical Line Securement Device Invented by Wisconsin Nurse

by Alivia Kaylor

On May 17, RoddyMedical, based in Wauwatosa, Wisconsin, announced the launch of a medical line securement and tension mitigation device, SecureMove-TLC, designed to be the new standard in medical line...

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