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Medical Device News Magazine

Our digital publication offers the latest updates on medical devices. We cover a wide range of topics, including news on clinical trials, product launches, FDA announcements, profiles of device companies, acquisitions, executive movements, non-profit and medical society updates, and more. Our main goal is to provide timely industry information to healthcare professionals, such as medical specialists, executives in the medical device industry, investors, and other allied health professionals. We achieve this objective through various social media platforms and targeted email communications to our subscribers. We invite you to regularly visit our website and explore the advertising opportunities available with us. The publication is a division of PTM Healthcare Marketing, Inc.

Empowering Healthcare Professionals and Investors: The Rise of Next-Generation Medical Devices

Sovato Announces Multiple Successful Remote Robotic-Assisted Procedures Over a 500-Mile Distance with the Use of the Sovato Platform

The Sovato Platform is a first-of-its-kind, comprehensive solution for enabling and orchestrating remote robotic-assisted surgeries and procedures. Sovato brings together the remote surgery ecosystem, including healthcare providers and any RAS system, to deliver the curated fiberoptic network, clinical workflows, data, and supporting infrastructure required to enable safe, scalable, and profitable remote surgery and procedure programs. For healthcare organizations, Sovato’s platform supports the complete remote surgery program spanning the entire surgical journey for surgeons, care teams, and patients.

Introducing ScoliCare ® Denver Colorado | A New Hope for Individuals with Scoliosis

ScoliCare clinics provide in-depth assessments and treatment plans for infants, children, adolescents, and adults. Treatment options include the world-leading ScoliBrace® bracing system and ScoliBalance®, a physiotherapeutic scoliosis-specific exercise program.

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Featuring industry experts in the healthcare field who have come together to share their invaluable insights, perspectives, and opinions. With their wealth of knowledge and experience, these esteemed professionals provide a comprehensive understanding of the latest trends and developments in the healthcare industry.

The LM Scaffold System™ | An Evolution in Tracheobronchomalacia Treatment | By Richard Lazzaro, MD, Co-Founder of Lazzaro Medical and Southern Region Chief of Thoracic Surgery for RWJBarnabas Health

Dr. Richard Lazzaro recognized that there was an opportunity to create a less invasive option to treat tracheobronchomalacia (TBM) and improve the quality of life for millions of patients; in 2013, he pioneered robotically assisted, minimally invasive tracheal repair (MITR™). He later co-founded Lazzaro Medical to develop the LM Scaffold System™ which is set to further improve the treatment of Tracheobronchomalacia (TBM) by offering a minimally invasive, robotically-assisted approach that also ensures precision, safety, and effectiveness. With the recent $2.4 million Direct to Phase II SBIR grant from the NIH, Lazzaro Medical is poised to evolve TBM treatment, providing patients with a solution that addresses the root cause of their symptoms and help improve patient outcomes.

Revolutionizing Healthcare: Latest Biotechnology Innovations

PharmaEssentia Completes Patient Enrollment for Phase 2b EXCEED-ET Trial in Essential Thrombocythemia and Phase 3b ECLIPSE-PV Trial in Polycythemia Vera

"Myeloproliferative neoplasms, including ET and PV, are chronic blood diseases that can impact patients' quality of life and lead to life-threatening complications, including the development of specific types of blood cancers, and PharmaEssentia is committed to developing new therapeutic solutions for these patients,” said Robert B. Geller, M.D., Head of Medical at PharmaEssentia USA. “We are thrilled with the pace at which we have enrolled patients, which we believe reflects a high level of interest in both the EXCEED-ET and ECLIPSE-PV trials. Our goal with each of these programs is to redefine the early treatment paradigm of myeloproliferative neoplasms.”

SOPHiA GENETICS Launches New Residual Acute Myeloid (RAM) Application

Philippe Menu, M.D., PhD., Chief Medical Officer and Chief Product Officer, SOPHiA GENETICS. "We are proud to contribute to the fight against AML through our SOPHiA DDM™ RAM Solution. In particular we feel that the capability to seamlessly track longitudinally the evolution of individual mutations over time through a dedicated add-on module of our SOPHiA DDM™ Platform has the potential to be a game-changer for clinical researchers."

Aurion Biotech Receives Breakthrough Therapy Designation and Regenerative Medicine Advanced Therapy Designation for Its Drug Candidate AURN001

Sterling Chung, Vice President of Regulatory Affairs and Quality at Aurion Biotech. “These designations underscore the importance of developing a potential solution for millions of patients around the world who suffer from corneal endothelial diseases. We look forward to working closely with the FDA to expedite the development of our cell therapy.”

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Unveiling the Latest FDA Regulations: What Healthcare Professionals Need to Know

AliveCor Announces Dual FDA Clearance of AI Technology That Delivers 35 Cardiac Determinations and First-of-its-Kind Kardia 12L ECG System

AlivCor notes this is the world’s first AI that can detect life-threatening cardiac conditions, including heart attacks, using a reduced leadset. The Kardia 12L ECG System, featuring a game-changing patented technology, is the world’s first AI-powered handheld 12-lead electrocardiogram (ECG) system with a unique single-cable design.

Acquisitions: Unveiling the Future: Medical M&A Insights

Lunit Completes Acquisition of Volpara: Pioneering Next-Level of AI-Driven Cancer Care

"We are thrilled to welcome Volpara into the Lunit family. Today, we take a monumental step towards revolutionizing our approach to cancer care. By combining our strengths, we are creating a formidable alliance in the industry, particularly in the US market. This merger enables us to develop and deliver innovative, life-saving solutions that meet critical needs in cancer diagnostics," said Brandon Suh, CEO of Lunit.

Groundbreaking Developments Shaping Modern Hospitals

Morton Plant Hospital First in Tampa Bay to Use New Treatment for Restenosis

The new drug-coated balloon, AGENT™ from Boston Scientific, was approved by the U.S. Food and Drug Administration (FDA) for commercial use in March. The balloon catheter, the first drug-coated coronary balloon in the United States, reopens the narrowed stent and releases the high concentration of drugs to prevent scar tissue from forming and blocking the artery wall again.

Top Expert Bylines

Medical Associations

CMT Research Foundation Invests in ReviR Therapeutics Research to Pioneer Small Molecule Therapeutics for CMT1A

"Collaborating with ReviR Therapeutics aligns perfectly with CMTRF's mission to accelerate the development of therapies that can halt or even reverse the progression of CMT," says Cleary Simpson, CEO of the CMT Research Foundation. "Their cutting-edge technology has the potential to transform the lives of those living with this chronic condition by providing a non-invasive, potent, and easily administrable treatment option."

Brain Connectivity on MRI Predicts Parkinson’s Disease Progression

The findings support the theory that functional and structural connections between brain regions may significantly contribute to Parkinson’s disease progression.

Key Clinical Trials Unveiled: Insights for Healthcare Professionals and Savvy Investors

PharmaEssentia Completes Patient Enrollment for Phase 2b EXCEED-ET Trial in Essential Thrombocythemia and Phase 3b ECLIPSE-PV Trial in Polycythemia Vera

"Myeloproliferative neoplasms, including ET and PV, are chronic blood diseases that can impact patients' quality of life and lead to life-threatening complications, including the development of specific types of blood cancers, and PharmaEssentia is committed to developing new therapeutic solutions for these patients,” said Robert B. Geller, M.D., Head of Medical at PharmaEssentia USA. “We are thrilled with the pace at which we have enrolled patients, which we believe reflects a high level of interest in both the EXCEED-ET and ECLIPSE-PV trials. Our goal with each of these programs is to redefine the early treatment paradigm of myeloproliferative neoplasms.”

Dr Fred Cohen: Higher Temperatures Trigger Migraines According to New Study

In the study, researchers examined 71,030 daily diary records from 660 migraine patients and correlated them with regional weather data. They discovered that for each 10-degree Fahrenheit rise in daily temperature, there was a 6% increase in headache occurrences reports Dr Fred Cohen.

Micro Medical Solutions | Achieves Milestone with 200th Enrollment in HEAL Registry

reg Sullivan, CEO of Micro Medical Solutions. "This milestone is a testament to our commitment to providing innovative solutions for those suffering from CLI/CLTI. We are optimistic about the encouraging data that has emerged from the registry and look forward to utilizing this information to continue providing effective treatment options."

Venus Medtech VenusP-Valve Completed First Implantation in IDE Pivotal Clinical Study in U.S.

The VenusP-Valve PROTEUS STUDY, abbreviated from Evaluation of the PerfoRmance Of The VEnUsP-Valve System in Patients with Native Right Ventricular Outflow Tract (RVOT) Dysfunction, is a prospective multi-center non-randomized interventional study in patients with RVOT disorders comorbid with moderate or greater pulmonary regurgitation. With a target enrollment of 60 subjects, data from this trial will support VenusP-Valve's registration with the U.S. FDA and Japanese Pharmaceuticals and Medical Devices Agency (PMDA).

Funding: Unveiling the Latest Medtech Financial Breakthroughs: What You Need to Know

Qure.ai Reports Strategic Investment by Merck Global Health Innovation Fund to Boost Innovation of Healthcare AI

Prashant Warier, Co-founder and CEO of Qure.ai, “This strategic investment in Qure.ai from the Merck Global Health Innovation Fund will enable us to expedite our work in foundation models and expand the reach of our AI both geographically and demographically.”

Opthea Limited Successfully Completes Placement and Institutional Component of Entitlement Offer Raising A$171.5 million (US$113.2m¹)

“We appreciate the strong support from our shareholders, and from new investors, who share our belief that sozinibercept has the potential to transform patient outcomes with superior vision gains, which continues to be a significant unmet need in wet AMD,” said Frederic Guerard, PharmD, Chief Executive Officer of Opthea Limited.

Cutting-Edge Diagnostic Imaging Techniques Revolutionize Medical Diagnostics

Philips Zenition 90 Motorized receives FDA 510(k) Clearance

“During complex procedures, it’s vital to be able to rely on surgical imaging systems. As clinicians navigate their way through challenging anatomy, the priority is to quickly visualize small anatomical details while limiting X-ray dose,” said Mark Stoffels, Business Leader Philips Image Guided Therapy Systems. “The new Zenition 90 Motorized empowers medical teams to confidently perform a wide range of interventions while achieving the best possible outcome for their patients.”

VUZE Medical Announces U.S. FDA 510(K) Clearance for Second-Generation Software-Based 3D Guidance System for Spine Surgery

VUZE 2.0 provides much-extended interoperability and functionality; like VUZE 1.0, requires only a 2D C-arm and PC in the OR -- no cameras, markers, references or tool add-ons.

Nicklaus Children’s Health System, Philips Will Provide Innovative Patient & Staff Experience, Helping to Enhance Outcomes for the Smallest of Patients

Philips AI-enabled diagnostic and experiential technologies help put patients at ease while empowering staff with faster, high-quality scans and increased diagnostic confidence.

Executives on the Move

Ronil Patel Appointed Chief Business Officer at RevOpsis Therapeutics

Ronil Patel currently serves as a strategic advisor to Collage Venture Partners and was previously the Chief Business Officer at Ocuphire Pharma, a publicly traded ophthalmology biotechnology company. Prior to Ocuphire, Patel led business development for Point Guard Partners and Oculos Clinical Research (now iuvo Bioscience). Patel has been instrumental in biotech research and development and global business expansion. He has also contributed to teams that have secured approximately $100 million in funding and finalized licensing and exit deals valued at over $500 million.

Julie Sawyer Montgomery | Appointed Executive Vice President for Diagnostics at Danaher Corporation

Julie Sawyer Montgomery currently Vice President and Group Executive of Danaher's Clinical Diagnostics businesses, will become an executive officer of Danaher reporting to the President and Chief Executive Officer, Rainer Blair.

Mark Eisner MD, M.P.H. Appointed Chief Medical Officer at Vir Biotechnology

Mark Eisner MD comes from Sonoma Biotherapeutics, Inc., where he most recently held the position of CMO. In this role, he led all development functions which included biometrics, regulatory, clinical science, clinical operations, drug safety, and pharmacology.

Market Reports

Venous Thromboembolism Treatment Market to be Worth $4.40 Billion by 2030

According to a new market research report titled 'Venous Thromboembolism Treatment Market by Device (Thrombectomy, Inferior Vena Cava Filter [Retrievable, Permanent], Stockings, Compression Pump) Application (DVT, Pulmonary Embolism) End User (Hospital, Ambulatory Care Center) – Global Forecast to 2030,' published by Meticulous Research®, the venous thromboembolism treatment market is projected to reach $4.40 billion by 2030, at a CAGR of 7.2% from 2023 to 2030.

Dental 3D Printing Materials Market to be Worth $5.4 Billion by 2031

According to a new market research report, 'Dental 3D Printing Materials Market Size, Share, Forecast, & Trends Analysis by Type [Polymers (Resins, Thermoplastics), Composites, Ceramics (Zirconia, Alumina], Application (Crowns, Bridges, Dentures, Surgical Guides, Implants)– Global Forecast to 2031,' published by Meticulous Research®, the dental 3D printing materials market is projected to reach USD 5.4 billion by 2031, at a CAGR of 27.3% from 2024 to 2031.

Surgical Suction Instruments Market to Hit USD 503 Million by 2029, Driven by 6.1% CAGR

The global surgical suction instruments market is projected to reach USD 503 million by 2029, growing at a CAGR of 6.1% from USD 375 million in 2024, driven by increasing adoption of minimally invasive surgery and rising prevalence of chronic diseases.

Nurse's Corner

Laudio Expands Work With Children’s National Hospital to Include Nurse Educators

“Setting nurses up for success, supporting them effectively, and ultimately retaining them requires increasingly proactive, comprehensive strategies,” said Tom Hills, EVP of Client Engagement at Laudio. “We are excited to welcome nurse educators at Children’s National into the Laudio community.”

American Academy of Nursing Announces the 2024 Class of New Fellows

The newest Fellows represent 37 states, the District of Columbia, Guam, and 14 countries. Their expansive body of knowledge will soon bolster the collective impact of over 3,000 Academy Fellows who together, leverage their expertise to advance the Academy’s vision of healthy lives for all people.

Noteworthy

A Must-Have Medical Equipment List For Ambulatory Care Facilities

Ambulatory care facilities cover a broad range of outpatient services. Discover the essential pieces of medical equipment every provider must have.

Marketing for Doctors:10 Best Proven Activities for Your Practice

In today's digital world, doctors cannot rely on traditional marketing methods alone to attract and retain patients. Doctors in Houston must utilize digital marketing...

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About Medical Device News Magazine

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Unlocking Success in Medical Business

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.

Healthcare Professionals / Career Corner

6 Tips For Mitigating Risks Associated With Running A Med Spa

Running a med spa is a lucrative way to make people look and feel better, but like everything else, it has significant risks.

9 Ways to Land Higher Roles in Healthcare

There are several ways to ensure speedy career advancements to achieve higher roles in healthcare. The following are some strategies to achieve this goal.

Health / Lifestyle

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