Medical Device News
Wednesday, February 21, 2024

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Medical Device News Magazine

A Digital Publication for the Practicing Medical Specialist, Industry Executive & Investor

Medical Device News Magazine, a digital publication, reports the latest medical device industry news, clinical trials and updates, product launches, FDA announcements, profiles of device companies, acquisitions, executives on the move, non-profit and medical society news, and more. We disseminate industry updates to healthcare professionals, including medical specialists, executives in the medical device industry, investors, and other allied health professionals. This objective is achieved through the utilization of diverse social media platforms and targeted email communications to subscribers. We cordially invite you to visit us on a daily basis and explore the opportunity of advertising with us.

Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc.

Featured News

Lazurite Adds Intuitive Modern Medical Solutions as New Distributor of the ArthroFree System

The ArthroFree system is the first FDA-cleared wireless camera for arthroscopy and general endoscopy, both areas of minimally invasive surgery. The system is designed to help surgeons work with aximum dexterity and focus.

Sparrow BioAcoustics Announces the Launch of Stethophone™ – Bringing the Future of Personalized Heart Care Closer to Home

This innovative software turns smartphones into medical-grade stethoscopes, allowing people to capture, analyze, and share critical heart health data with medical personnel from the comfort of any location notes Sparrow BioAcoustics.

STARmed to Accelerate Global Market Entry of EUSRA & ELRA Products Through Olympus

"Taewoong Medical becoming an Olympus group company is also a major milestone in our global growth strategy," said Henry Shin, CEO of STARmed. "We look forward to our products being made available to more patients through Olympus' global distribution network."

Edifecs Tops Best in KLAS for CMS Payer Interoperability Category for the Second Year in a Row

Edifecs was ranked as the leader among vendors that provide software designed to meet the requirements for CMS-related payer and state agencies by providing patient access API, provider directory API, and payer-to-payer data exchange. Edifecs topped the list with a score of 92.2, surpassing its own market-leading score of 87.9 in 2023.

Thermo Fisher Scientific Launches New Ion Chromatography Instrument to Improve Reliability, Efficiency, and Functional Adaptability for Labs

The Thermo Scientific™ Dionex™ Inuvion™ Ion Chromatography (IC) system, helping to make ion analysis simpler and more intuitive for labs of all sizes. The new analytical instrument is designed to be easily reconfigurable, providing those who require determination of ionic and small polar compounds with a one stop shop for consistent, reliable ion analysis.

Blacksmith Medicines and Zoetis Announce Research Collaboration for Novel Animal Health Antibiotics

This new collaboration is another example of Blacksmith's creative deal-making with top tier partners that bring expertise to the table which helps de-risk and accelerate scientific discoveries for the development of valuable products.

B. Braun Launches Heparin Sodium 2,000 Units in 0.9% Sodium Chloride Injection, 1,000 mL (2 units/mL)

Heparin Sodium 2,000 units in 0.9% Sodium Chloride Injection 1,000 mL (2 units/mL), is indicated as an anticoagulant to maintain catheter patency.

RaySearch Acquires the Product DrugLog from Pharmacolog for Chemotherapy Quality Assurance

Through this agreement, RaySearch acquires full ownership of all rights to the product DrugLog for its application in the field of oncology, including the measuring device, calibration parameters, source code, as well as intellectual property rights.

Mergers / Acquisitions

Wave Neuroscience Acquires Assets of NeoSync

In addition, Wave Neuroscience has acquired the Neuro-EEG Synchronization Therapy (NEST®) system developed and tested by NeoSync.
1 Rank Math Pro

Funding

MMI Raises $110 Million in Series C Financing

MMI notes the funds will support commercialization of the Symani® Surgical System in high-growth markets and continued investment in studies that generate clinical evidence and enable indication expansion. Investments will also accelerate advanced technology capabilities and enable MMI to scale its operational capabilities globally.
Nico Corporation Improving The Outcomes In The Deadliest Type Of Stroke

Industry Executives Views & Opinions

Read What Our Medical Device News Experts Have to Say

A Look at Cyber In Healthcare in 2024 | Ryan Gonzales – Vice President of Solutions and Security Services at Cylera

Last year was one of the worst years ever for cyber attacks on healthcare organizations. According to John Riggi, national advisor for cybersecurity and risk for the American Hospital Association, the number of people affected by attacks broke records, with US federal data indicating that around 106 million people were impacted by a healthcare data breach, more than double when compared to 2022.

Clinical Trials and Updates

Argonne Uncovers Insights About Prostate Cancer Risk and Genetic Ancestry

The project, which was led by the University of Southern California, included large increases in representation among men of African, Hispanic and Asian ancestries, that were contributed in part by an ongoing collaboration between the U.S. Department of Veterans Affairs and DOE reports Argonne.

UroMems Announces Results of 1s Ever Smart Artificial Urinary Sphincter Implant in Female Patient to Treat Stress Urinary Incontinence

The company reports they have successfully met the six-month primary endpoint for the first-ever female patient implanted with the UroActive™ System, the first smart automated artificial urinary sphincter (AUS) to treat SUI.

AppliedVR and Kernel Flow Announce Clinical Results Evaluating How Brain Changes During Virtual Reality Treatment of Chronic Pain

AppliedVR Co-founder and President Josh Sackman, "We're committed to developing a significant body of scientific evidence that demonstrates how our RelieVRx program, which is rooted in self-regulation, cognitive behavioral therapy skills and mindfulness, engages the brain and can impact the experience of pain. While we know there can be a strong placebo effect, this feasibility study showed that only the active RelieVRx treatment created changes at a physiological and brain activity level, creating a strong foundation for future research."

Prevencio and Emory Winship Cancer Institute AI-driven HART CVE Test Data Predicts Risk of Adverse Cardiovascular Effects Associated with Prostate Cancer Therapy

Researchers and clinicians from Emory Winship Cancer Institute collaborated to test their prostate cancer population notes Prevencio.

Our Experts Share Their Thoughts

Urgent Care Centers Are Moving Toward Safer Medical Devices for Body Jewelry and Fishhook Removal, Like the Moby Cutter™ | By Anthony G. Stanley,...

Moby Cutter™ is one of the safest surgical wire cutters on the market today! Their medical design team has over 35 years of experience performing surgical procedures in Hospitals, Emergency Rooms and Urgent Care Systems. It has been cleared for commercialization per FDA guidelines and sold as a prescription only (Rx) medical device. Dr. Stanley shares the advantages of the Moby Cutter.

Finding Hidden Cost Burdens in American Health Systems | By Jim McCoy, President of Clinical Asset Management, TRIMEDX

Health systems continue to face ongoing pressures to reduce costs while maintaining quality patient care. With the average operating margin for hospitals at 0.84%, health systems are searching for ways to more effectively manage operating and capital budgets. However, gaps in data often hinder health systems by hiding cost burdens throughout the organization. These hidden costs limit health systems to finding one-time-savings without lasting relief from industry-wide pressures.

HIPAA and Data Protection in Healthcare | By: David Stonehill, CTO, NetLib Security

Healthcare organizations face many challenges: they must protect patient privacy, deliver quality care, and meet strict regulations. These organizations, which include medical device manufacturers, are trusted to safeguard incredibly sensitive information, a task that carries immense responsibility. Read on to learn what this industry expert has to say.

Integrating Technology and Human Connection in U.S. Veterans’ Health Care | By Dr Amy Hester, PhD, RN, BC, FAAN, Chairwoman and CEO, HD Nursing

Dr. Amy Hester writes, "However, while technology has brought about incredible advancements, an essential aspect must not be overlooked—integrating a human touch in healthcare delivery, particularly in the context of falls prevention among veterans." Read to learn more.

Imaging

Carestream Health Earned 70 New Patents In 2024

Carestream Health notes twenty-seven of the patents were awarded by the U.S. Patent and Trademark Office; an additional 43 patents were received in European and Asian countries.

FDA

FDA Approves First Targeted Therapy to Treat Aggressive Form of Lung Cancer

Tabrecta is the first FDA-approved therapy to treat non small cell lung cancer with specific mutations (those that lead to mesenchymal-epithelial transition or MET exon 14 skipping).

Executives on the Move!

Val Kolesnitchenko, MD Named Ace Vision Group Chief Scientific Officer | Over 3 Decades of Clinical Ophthalmology Practice & Industry Experience

Dr. Val Kolesnitchenko brings extensive ophthalmology experience in clinical practice and industry to new therapeutics for the aging eye.

BRIJ Medical Welcomes Tim Gleeson as CEO and Joe Andrew as SVP of Sales

These strategic appointments signify a significant milestone for BRIJ Medical as they usher in a new era of post-surgical and trauma incision care with proven technologies that minimize wound complications and scarring.

Eckhard von Keutz, PhD Appointed to the Phenovista Scientific Advisory Board

Dr. Eckhard von Keutz has extensive experience in designing and conducting preclinical/toxicological studies, and toxicological risk assessment and management.

David Kroekel Appointed Enable Injections COO

David Kroekel has more than 35 years of experience in medical device, combination product operations, and product development.

Market Reports

Wearable Medical Devices Market to grow by USD 15.54 billion from 2022 to 2027 | Market is Fragmented Due to the Presence of Prominent Companies Like Abbott Laboratories, Alphabet Inc., Apple Inc. & More

The wearable medical devices market report provides a full list of key companies, their strategies, and the latest developments.

Global Spinal Fusion Device Market Forecast Report 2024-2030, Featuring Medtronic, Stryker, Zimmer Biomet, Orthofix Medical, NuVasive, Globus Medical, Xtant Medical & Alphatec

The global spinal fusion devices market is on track to achieve significant growth, with projections suggesting an increase in market size to US$ 9.99 Billion by 2030.

Global Orthopedic Devices Market Size, Share & Forecast Report 2023: Market to Reach $103.9 Billion by 2030 – Analysis by Drill Guides, Guide Tubes, and Implant Holder

he global orthopedic devices market size is anticipated to reach USD 103.9 billion by 2030 and it is projected to grow at a CAGR of 5.3% from 2024 - 2030

Association News

Data Shows Significant Prevalence of Sleep Apnea Among Cardio-Oncology Patients

Sleep apnea is a disorder of altered breathing while asleep with two types, obstructive (OSA) or central (CSA). Both can be treated to alleviate symptoms and improve cardiovascular outcomes. This study pertains to obstructive sleep apnea.

CT Scan is Most Effective to Assess People with Chest Pain

Recent randomized clinical trials have demonstrated a benefit to using CT Scan first in evaluation of these patients, and a new study being presented at the American College of Cardiology Cardiovascular Summit lends credence to this strategy, finding that CT was associated with a higher likelihood of revascularization compared to other imaging modalities or no testing.

Hospitals

Tampa General Hospital | Aetna Better Health of Florida Donates $65,000 to Support New Community Garden and Food Pharmacy in East Tampa

“Tampa General has done an excellent job at finding new and creative ways to care for the health of their community, so it was an easy decision to partner with them,” said Aetna Better Health of Florida CEO Jennifer Sweet. “We are thankful for their efforts in pushing forward the idea that food is medicine through this garden, and we look forward to seeing the many ways it serves the people of Tampa.”

Mile Bluff Medical Center Now Live with MEDITECH Expanse Search and Summarization, Powered by Google Health

This functionality is now improving workflow and efficiency for the more than 150 users in the pilot program, who have access across the health center’s care network, including the hospital, outpatient clinics, ambulatory, ED, and urgent care.

Northwell Health Staff Receives One in a Million Award: In Recognition of the Care They Provided During NY COVID-19 Pandemic

At Northwell, our tireless and dedicated staff treated more than 77,000 people when New York was the COVID-19 epicenter. They worked through and beyond exhaustion to care for people in need,” said Michael Dowling, Northwell Health President and CEO.

Sanford Health Partners with Congenica to Provide Answers for Undiagnosed Rare Disease Patients

Multi-year study will use Congenica’s platform for rapid and accurate genomic analysis.

Noteworthy

The Intersection of Passion and Profession: Crafting a Fulfilling Career in Tech

As with any job, there are pros and cons that need to be considered before deciding if a career in tech is for you. Read on to learn more.

The D-Actor 100 from STORZ Medical: Revolutionizing Pressure Wave Therapy Standards

The D-Actor 100 by STORZ Medical stands out in this field and is recognized as a leading device for healthcare professionals seeking effective treatment outcomes. This technology utilizes pressure waves to stimulate the body's natural healing processes, improving circulation and cell regeneration through microtrauma in targeted tissues.

Cutting-Edge Techniques in Gene Therapy

Gene therapy is a rapidly evolving field that holds promise for the treatment of countless diseases. But what do you think are the most significant challenges and opportunities in gene therapy today? Read on.

5 Pieces of Medical Equipment Every Assisted Living Home Should Have

One of the biggest benefits of opting to have a loved one cared for in an assisted living facility is that you’re ensuring they receive better medical support than you’d be able to provide in the event of an emergency.

Physician's Corner: Practice Management / Education/Careers

The D-Actor 100 from STORZ Medical: Revolutionizing Pressure Wave Therapy Standards

The D-Actor 100 by STORZ Medical stands out in this field and is recognized as a leading device for healthcare professionals seeking effective treatment outcomes. This technology utilizes pressure waves to stimulate the body's natural healing processes, improving circulation and cell regeneration through microtrauma in targeted tissues.

Incentives for Practitioners with Medicare and Medicaid Patients

Value-based programs provide financial incentives to healthcare practitioners providing care to Medicare and Medicaid patients. What Is a Value-Based...

Navigating the Digital World: What Doctors Are Doing About Bad Reviews Online

Positive and negative online reviews can be managed in various ways. In this article, we'll explore how doctors manage their online reputation and learn how to respond to negative patient reviews.

Nurses Corner

Health / Lifestyle

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Beyond Brushing: Pro Tips for Healthy Teeth and Gums, Backed by Dentists

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Organic Detox Supplements: Do They Really Help Your Body Cleanse Itself?

In this article, we'll dig into the science behind detoxes to find out if those supplements can really support your body's natural cleansing processes. Spoiler alert: The answer might surprise you! So read on to get the straight scoop and learn if you should save your cash or stock up on those spendy supplements.

A Beginner’s Guide to Finding an Audiologist in Arizona

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PRK Laser Eye Surgery in Louisiana: Is It Right for You?

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How to Find the Perfect Doctor for You: A Step-by-Step Guide

Once you find the perfect doctor, call their offices to ask any final questions.  See if they are accepting new patients, and whether they offer consultations so you can get a feel for the practice. 

8 Healthy Lifestyle Tips for Adults

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Articles of Interest

Customizing Home Environments for Seniors with Specialized Devices & Accessories

Customizing homes with specialized devices and accessories enhances comfort and also promotes safety and independence for older individuals.

Ion Pure 2024: What Customers Have to Say? Must Read This Before Buy!

The most common allergy reactions are caused by allergens prevalent in the home, such as dogs and dirt....

Nooro Knee Massager Reviews: Canada/ AUSTRALIA/ NZ [New Formula #1 2024] Breakthrough Alert!

The Nooro Knee Massager is an electric knee massager that provides heat and compression. It softly massages the...

Operation Blackout Reviews 2024: What Customers Have to Say About Club Penguin? Must Read!!!

In a society dominated by electricity, Operation Blackout emerges as a beacon of resilience and a guardian of...

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