Commercial
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Companies
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Philips Disputes Additional Deaths Linked To May Recall Of Breathing Machines
The US FDA is reporting dozens more additional deaths associated with a May recall of Philips ventilators than initially reported. The company says it stands by its original number of seven and has reached out to the FDA.
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FDA Finalizes Definitions Of Delaying Or Denying Inspections
The US FDA has issued its final guidance defining manufacturer behaviors it deems as hampering the agency’s ability to conduct an inspection. In a previous draft guidance, the agency expanded its longstanding policy on inspections of drug companies to include device makers as well.
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3 Deaths Linked To Latest Teleflex Catheter Recall
Teleflex is recalling thousands of intra-aortic balloon catheter kits that are used during cardiac procedures and to treat complications from heart failure. This is the latest in a series of recalls from Teleflex and its subsidiary Arrow International.
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ADDF Leaders Discuss Future Strategies In Alzheimer’s Research And Crucial Role Of Diagnostic Markers
Medtech Insight talked to two leaders at the Alzheimer’s Drug Discovery Foundation about current therapies and the role of biomarkers and digital tools to build on recent advancements in the space and accelerate progress to identify the disease early and slow cognitive decline.
Deals and Financings
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News We’re Watching: Boston Sci Buys Silk Road Medical; EOFlow Injunction Blocked; LDT Compliance Dates Announced
This week, Boston Scientific agreed to pay $1B+ for stroke prevention device firm Silk Road Medical; the FDA asked for feedback on patient safety for non-device medical software; and a former medtech CEO was sentenced to six years for her part in a phony device scheme.
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Deloitte Tackles Pros and Cons of Europe For Medtech
A new report commissioned by trade group MedTech Europe finds that while EU medtech businesses benefit from some government support and a strong talent pool, they continue to lag in attracting investors and face mounting regulatory challenges.
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Amber Therapeutics Secures $100M To Develop Neuromodulation For Mixed Urinary Incontinence
UK-based Amber Therapeutics said it raised $100m in a series A financing round led by New Enterprise Associates. It plans to use the proceeds to fund the development of Amber-UI through pilot and pivotal studies aiming US regulatory approval.
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News We’re Watching: Medtronic Recall, More Chinese Syringe Woes, Surgical Robot Clearance
This week, Medline announced recalls of tracheal tubes; Eko Health raised $41m in Series D funding; and the US FDA announced participation in collaborative communities focused on brain-computer interface devices and more.
Market Access
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FDA To Add Ophthalmic And Orthopedic Devices To TAP Pilot
The program, which brings together innovators and device industry stakeholders, helps ease the path to market for novel devices.
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Biden’s China Tariffs Mark A Major Shift In US Policy, Analysts Say
A new round of tariffs imposed by the Biden administration on various Chinese goods, including medical devices, points to a broader shift in US strategy for strengthening supply chains and ensuring Americans have reliable access to safe products, according to analysts who spoke to Medtech Insight about the tariffs. While fueled by the pandemic, the momentum pushing this change in trade policy has been growing for some time.
![](/-/media/editorial/medtech-insight/2024/06/medtech-europe-20240524_strauss-1540-35.jpg?rev=26747b221b27414c8c272bd262369b21&w=350&hash=6F8DC379F937C7629D180EE224C8C172)
European IVD Industry On Rocky Road; Veer Toward 'Pockets of Growth'
Despite challenges and projected European decline, the in vitro diagnostics market has enticing "pockets for growth" post-pandemic, industry leaders revealed at the MedTech Forum conference. Key drivers include healthcare decentralization and consumer pull for control over health. Opportunities exist in neurology, oncology, and direct-to-consumer testing.
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FDA Implements Authority To Destroy Certain Medical Devices, Amends Final Rule To Provide Device Owners Prior Notification
The US FDA has issued a final rule allowing the agency to destroy some medical devices that have been refused entry into the US. The rule takes effect 1 July.
Market Intelligence
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Deloitte Tackles Pros and Cons of Europe For Medtech
A new report commissioned by trade group MedTech Europe finds that while EU medtech businesses benefit from some government support and a strong talent pool, they continue to lag in attracting investors and face mounting regulatory challenges.
![](/-/media/editorial/medtech-insight/2024/06/medtech-europe-20240524_strauss-1540-35.jpg?rev=26747b221b27414c8c272bd262369b21&w=350&hash=6F8DC379F937C7629D180EE224C8C172)
European IVD Industry On Rocky Road; Veer Toward 'Pockets of Growth'
Despite challenges and projected European decline, the in vitro diagnostics market has enticing "pockets for growth" post-pandemic, industry leaders revealed at the MedTech Forum conference. Key drivers include healthcare decentralization and consumer pull for control over health. Opportunities exist in neurology, oncology, and direct-to-consumer testing.
![](/-/media/editorial/medtech-insight/2024/04/mt24-4-light-at-end-of-tunnel_311223419-1200.jpg?rev=5b8fcf597b5845e399d73dcc14a17e3a&w=350&hash=9D47568EC0A5D126E8D3A46CA6BB6F0E)
German IVDs At The Turning Point: Digital And AI Show Future Market Direction
Europe’s largest national in vitro diagnostics market is evolving post-COVID, under the effects of new digital laws, artificial intelligence-enabled devices, apps on prescription and the rising popularity of continuous glucose monitors. The VDGH industry association’s latest survey indicates a changing market landscape for IVDs in 2024.
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J&J Refines Direction For Ottava
Delays have plagued J&J's soft tissue surgical robot. However, the company has now solidified at least its near-term plan and hopes to commence trials later this year.
Appointments
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Illumina Appoints Ankur Dhingra CFO
Ankur Dhingra has replaced Joydeep Goswami as Illumina’s chief financial officer after Goswami spent just 14 months on the job. The San Diego-based sequencing and array tech company also appointed Jakob Wedel as chief of strategy and corporate development officer.
![](/-/media/editorial/in-vivo/00-regular-feature-columns/iv2107_executives_on_the_move_2c3p31h_1200.jpg?rev=ebe75dc55ee2420f97b9a985d8b2153f&w=350&hash=0B48CBFE66D110F395C774CE1E198084)
Execs On The Move: February 2023
An interactive look at recent executive-level company changes and promotions in the medical device and diagnostics industries.
![](/-/media/editorial/in-vivo/00-regular-feature-columns/iv2107_executives_on_the_move_2c3p31h_1200.jpg?rev=ebe75dc55ee2420f97b9a985d8b2153f&w=350&hash=0B48CBFE66D110F395C774CE1E198084)
Execs On The Move: January 2024
An interactive look at recent executive-level company changes and promotions in the medical device and diagnostics industries.
![](/-/media/editorial/medtech-insight/00_regular-column-images/mti2310_industry_newswerewatching_1317756053_1200.png?rev=be480b10bf384d13939f17858bc80831&w=350&hash=B524853C2AE59C34067A98BDC53ABCC3)
News We’re Watching: LivaNova Names CEO; Surgical Robot Goes To Space, And More
Medtech Insight's News We're Watching highlights medtech industry developments we are following: LivaNova named a new CEO, Roche confirmed plans to launch a continuous glucose monitor, Virtual Incision sent its surgical robot into orbit, and Synchron announced a deal with Acquandas to advance its brain interface technology.
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