Category: Medical

Industry Focus Areas, Medical

Medtech funding surges with early-stage deals

July 20, 2021

Via: MedTech Dive

The global healthcare sector attracted equity investment throughout the pandemic, and it is still pouring in. The April-to-June period marked the seventh straight quarter of increased funding, which reached $34.7 billion across nearly 1,600 deals in the period. Last year, […]

Industry Focus Areas, Medical, News

Abbott lays off 400 workers amid drop in demand for COVID-19 tests

July 9, 2021

Via: MedTech Dive

What a difference a year makes for Abbott’s COVID-19 testing business. Abbott in May 2020 announced it was expanding its Maine workforce to Westbrook to ramp up production of rapid coronavirus test kits by leasing a former sporting goods distribution […]

Industry Focus Areas, Medical, Regulations

As EU-wide health technology oversight law nears passage, industry is not pleased

July 6, 2021

Via: MedTech Dive

HTA bodies are best known for their assessments of the value of new medicines, which can lead to countries choosing not to pay for approved products. Some of the bodies also play a role in assessing the value of new […]

Industry Focus Areas, Medical

Abbott gets CE mark to sell COVID-19 antigen test directly to consumers in Europe

June 28, 2021

Via: MedTech Dive

Abbott is betting that frequent rapid COVID-19 testing at work, school and home are critical to enabling European economies to fully reopen and to allow daily life activities to resume. With CE mark approval for the direct-to-consumer Panbio, the diagnostics […]

Industry Focus Areas, Medical

Moderna Plans to Expand Production for Covid-19 Vaccine Boosters

June 21, 2021

Via: The Wall Street Journal

Moderna Inc. is adding two new production lines at the rebuilt former Polaroid plant where it manufactures its Covid-19 vaccine, part of a push to prepare for making booster shots and the future of the pandemic. At a site brimming […]

Industry Focus Areas, Medical

FDA rejects Verily filing for wrist-worn Parkinson’s clinical trial device

June 14, 2021

Via: MedTech Dive

In recent years, FDA has cleared Verily’s Study Watch for use as an electrocardiogram and as an irregular pulse monitor via its 510(k) pathway. Verily followed up by filing to use the device as a drug development tool for Parkinson’s […]

Industry Focus Areas, Medical

Autocam Medical building $60 million site in West Michigan

June 9, 2021

Via: Today's Medical Developments

Autocam Medical, a global contract manufacturer of precision, surgical and medical components and devices, announced that it is investing $60 million through 2024 to expand its manufacturing footprint and capability in West Michigan. This new facility will continue to serve […]

Design & Planning, Industry Focus Areas, Medical, Process

Medical design and manufacture news roundup

June 2, 2021

Via: Today's Medical Developments

Tekni-Plex Medical is launching a Prototype Solutions Services initiative to support medical device manufacturers at the design stage of new tubing products used in critical fluid-transfer applications. The prototypes created as part of the service are instrumental for testing tubing […]

Industry Focus Areas, Logistics, Medical, Process

FDA seeks 8% budget boost for CDRH to back resurgence of domestic device production

June 1, 2021

Via: MedTech Dive

The Center Devices and Radiological Health budget has increased quickly in recent years, rising from $480 million in 2018 to $628 million in 2021. Increased user fees played a big part in that four-year rise, growing approximately 49% over the […]

Industry Focus Areas, Medical

Worldwide Insulin Pumps Industry to 2026 – Featuring Animus, Insulet and Roche Diagnostics Among Others

May 28, 2021

Via: PR Newswire

The global insulin pumps market exhibited moderate growth during 2015-2020. Insulin pumps are small computerized medical devices that can be clipped on to a belt, pocket or hidden under the clothes. The pump is used to deliver controlled doses of […]