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Medical Device News Magazine delivers the latest updates from the medical device and biotechnology sectors.
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Medical Device Industry News: Latest Developments, Breakthroughs, and Future Outlook
DT Research Extends Comprehensive Medical Computing Line with DT514 All-in-One Computers
DT Research, the leading designer and manufacturer of purpose-built computing solutions for vertical markets, today introduced the DT514 series of All-in-One (AIO) medical computers specifically
MG America Named Exclusive North American Distributor for Two Prominent Pharma Equipment Manufacturers
The new partnerships, both of which are effective immediately, further bolster MG America’s leadership status for its two main equipment categories: processing and packaging.
Medtronic Amplifies AiBLE Ecosystem with CD Horizon™ ModuLeX™ Spinal System for Deformity Procedures
“The CD Horizon ModuLeX™ spinal system has greatly improved my overall workflow for complex deformity surgery. Its modular design allows me to develop patient-specific, adaptable solutions to match the patient’s anatomy. With ModuLeX™, not only can you see more, but you can do more; the system allows me to be flexible in my approach. In my hands, the system improves my surgical efficiency and visibility of the surgical area, which helps me deliver a better standard of help for pediatric patients” said Dr. Nicholas Fletcher, Children’s Healthcare of Atlanta at Scottish Rite and Medtronic consultant.
Akso Health Group Utilizes DeepSeek to Advance AI in Healthcare
Ms. Yilin (Linda) Wang , CEO of Akso Health Group stated, “The utilization of DeepSeek is a major milestone in AI powered healthcare. By leveraging DeepSeek’s technological expertise, we aim to enhance diagnostic accuracy and deliver superior healthcare services to users worldwide.”
Clinical Trials
Medtronic Announces Clinical Studies Are Underway for 2 Additional Indications for Hugo™ RAS System in the U.S.
The Hugo™ RAS system is not cleared or approved in all markets. Regulatory requirements of individual countries and regions will determine approval, clearance, or market availability. In the U.S., the Hugo™ RAS system is an investigational device not for sale.
Neuros Medical Reports: | Landmark Study of a Revolutionary Device for the Treatment of Post Amputation Pain Accepted for Publication in the Journal of Pain Research
Neuros Medical advises the study, which enrolled 180 patients with a unilateral lower limb amputation across 35 sites in the U.S., is the largest prospective, double-blinded, randomized study ever conducted for treatment of chronic post-amputation pain.
Inflammatory Acne, Acinonyx Bio, & Benzoyl Peroxide
“Lindys Health’s involvement in this study underpins our commitment to helping our partners bring safe and effective dermatological therapies to market. Inflammatory acne can significantly diminish quality of life,” states Michael Young, co-founder of Lindus Health. “We are enthusiastic about the opportunity to leverage our unique technical and service-based capabilities in another dermatology study, building on our vast experience in this space.”
Biotechnology News
Rejuvenate Biomed and SAS Tap AI to Develop Disease-agnostic Drug Repurposing Discovery Tools
“Our partnership with SAS amplifies the core strengths of both our R&D teams,” Dr. Ann Beliën, Founder and Chief Executive Officer of Rejuvenate Biomed. “By embracing this partnership and leveraging the capabilities of SAS Viya, we expect to meaningfully de-risk and accelerate the development of our internal portfolio while enhancing our discovery platform and partnering capabilities.”
Flagship Pioneering Unveils Abiologics to Pioneer Supranatural Biologics, A New Biotherapeutic Class
“For the first time, we are able to imagine and generate chemically synthesized biologics at scale and with increasing programmability, offering a new class of medicines with transformative potential,” said Avak Kahvejian, Ph.D., Co-Founder and CEO of Abiologics and General Partner at Flagship Pioneering. “Creating protein biologics with artificial building blocks rather than naturally occurring amino acids allows Synteins to go unrecognized by the immune system, offering significant advantages compared to today’s biologics such as less frequent dosing, oral delivery and the ability to reach parts of the body that were previously impossible to access and treat. With Synteins, Abiologics is poised to bring boundary-breaking medicines to patients across a range of diseases.”
Biolyst Scientific Announces New Brand Name to Encompass EMS and Azer | Will Deepen Offerings to Clinical and Research Lab Customers
The new name, ‘Biolyst,’ reflects the essential part the company plays in the Life Sciences discoveries that make life better for all. ‘Bio’ signals where impact is felt – in enhancing and extending life – and ‘lyst’ signifies its role as catalyst in helping clinical and research labs pursue breakthroughs with accuracy and efficiency. The EMS and Azer brand names will continue to exist as ‘power brands’ within the product portfolio.
Our Experts – Byline Articles
Read Their Views & Share With a Colleague or Two!
Multiple Regulators Focused on Cybersecurity Risk for Medical Devices | By Chris Harvey, Senior VP of Client Services at Sedgwick
Harvey writes, “When we looked at cybersecurity and medical devices last fall, the Food and Drug Administration (FDA) did not have express federal statutory requirements for medical device manufacturers regarding cybersecurity. However, it is clear that there are real dangers. In September 2022, the Federal Bureau of Investigation (FBI) reported that as of January 2022, 53% of connected medical devices and other Internet of things (IoT) devices in hospitals had known critical vulnerabilities.” Read on.
Focusing Solely on US Patents Can Be a Risky Move. Here’s Why | By Christopher Cauble, Principal at Harness IP’s Dallas Metro Office
Christopher Cauble writes, “There are many risks and a few rewards to an intellectual property strategy that foregoes patent protection in non-U.S. jurisdictions. Startups or midsize medical device companies should include intellectual property specialists in strategy sessions for market development.” Read to learn more.
It’s High Time to Give the Healthcare Supply Chain a Digital Facelift | By Luka Yancopoulos
Luka Yancopoulos writes: “There’s a lingering issue in the healthcare sector that doesn’t get the attention it deserves, and it’s not directly related to patient care or medication breakthroughs. Instead, it revolves around the supply chain – the backbone of the healthcare industry that ensures critical medical supplies get from manufacturers to end-users.” Read on to learn more.
Executives on the Move
FDA Medical Device Updates
Comprehensive Insights into Medical Device & Biotechnology Company Mergers, Acquisitions & Funding
Innovac Therapeutics Completes $18 million Series Pre-A Financing To Fund the Development of Its lead Programs and Manufacturing Capabilities
The funding represents a strong endorsement of Innovac’s technology, mission and vision from a range of industry Investors.
TherageniX and University of Nottingham Awarded £995K Innovate UK Grant to Develop Powdered Gene Therapy for Bone Regeneration
Dr Anandkumar Nandakumar, CEO of TherageniX, commented: “Our mission is to advance treatments in repairing tissue damage and we are grateful for the support from Innovate UK at this early stage. This grant is a testament to the potential of TherageniX’s novel approach to tissue regeneration and will enable us to make great strides in manufacturing our powdered gene therapy.
Radiaction Medical Raises $12.6 Million in Series C2 Funding
Jonathan Yifat, Radiaction Medical CEO, is enthusiastic about this next phase, saying, “This current financing round is a significant step forward, one that enables us to expand our reach further, lead with exceptional customer support, and provide this essential technology to protect those who care for patients.”
Delphinus Medical Technologies Raises $12 Million as Footprint Continues to Expand
Mark J. Forchette, president and CEO of Delphinus Medical Technologies. “SoftVue provides a comprehensive solution that enables providers to transform their patients’ clinical experience. Our relationship with Trinity Capital helps us make impactful investments in execution, to help our clinical partners embrace this innovation, and serve the unmet needs of patients with dense breast tissue that SoftVue was designed to address.”
Market Reports
Advancements In Imaging
Kromek Secures Over $1M in Medical Imaging Orders
The orders comprise a $300k award for detectors for niche SPECT applications, which is expected to be delivered in the Group’s current financial year, and a $563k order from an OEM for niche SPECT applications and a $205k order for niche medical imaging applications.
The Role of Medical Imaging Equipment in the Diagnosis and Treatment
This article will explore the different types of medical imaging equipment and their importance in modern healthcare.
How Medical Image Analysis Helps Diagnosticians: 8 Examples
Medical imaging is an expanding market. According to Zion Market Research, it is expected to reach $48.6 billion by 2025. Medical images comprise the major data source in healthcare, accounting for at least 90% of all medical data, according to GE Healthcare. Unfortunately, a massive flow of various images clashing with outdated manual review processes increases the chances of medical errors and misdiagnosis.
Hospitals In the News
Medical Device and Biotechnology Executives: Innovative Professionals on the Move and Making Waves in the Industry
Non-Profit News
Healthcare: Understanding the Business Side of the Industry and Its Implications
5 Considerations If You Want to Start a Medical or Wellness Business
Many practitioners and others interested in health dream of having their own place. A place where people can come to feel better and get some
The Prospects of UX Design in Medicine: 5 Main Trends
Even though many hospitals and doctors resist innovation, changes in this area are inevitable. New technologies are penetrating all digital alternatives in the healthcare industry:
Physician Burnout: Causes, Consequences, And Solutions
To better understand physician burnout, it’s essential to be familiar with its three interrelated components. Read on:
How To Provide A Safe Environment For Patients And Employees
Healthcare facilities are unwavering in their commitment to safeguarding the health and well-being of everyone entering their premises. This dedication goes far beyond immediate medical
Healthcare Careers
Nurses Corner
American Academy of Nursing Announces the 2022 Class of New Fellows, its Largest Cohort to Date
The American Academy of Nursing advises the inductees will be recognized for their significant contributions to health and health care at the Academy’s annual Health Policy Conference, taking place on October 27-29, 2022 in Washington, DC.
Things No One Told You About Being a Nurse
It’s a commonly known fact about nurses that they put their own lives in danger in the way of serving and taking care of their
University of Derby Recognized at the Student Nursing Times Awards 2022
The University of Derby has been recognized at the Student Nursing Times Awards 2022 – taking home accolades for ‘Best Student Experience’ and ‘Outstanding Contribution
