Julia Rock-Torcivia Embecta Corp. (Nasdaq: EMBC) raised its full-year outlook for adjusted earnings per share as third-quarter results beat analyst estimates. The medtech company, a BD spinoff that specializes in insulin delivery, reported last week net income of $21.1 million, or $0.36 per share, on revenue of $271.7 million for the three months ended June […]
ICU Medical Q2 results beat analyst expectations, driven by infusion systems
Julia Rock-Torcivia ICU Medical (Nasdaq: ICUI) reported second quarter results that beat Wall Street expectations, upping its full-year guidance. San Clemente, California–based ICE Medical, which specializes in IV therapy, infusion pumps and closed-system drug transfer devices, reported income of $19.1 million, or 76¢ per share, on revenue of $551.7 million for the three months ended June […]
MGS opens new drug delivery device manufacturing facility
MGS has brought a 300,000 square foot drug delivery device manufacturing facility online in Richfield, Wisconsin. The medtech CDMO’s newest facility expands U.S. production capacity as demand for complex combination products strains available cleanroom capacity. MGS said it developed the facility to support an unnamed global pharmaceutical company’s drug delivery platform. The site has 140,000 square […]
Are over-the-counter CGMs on track to be one-hit wonders?
This medical device design expert’s family conducted a group trial of Dexcom Stelo and Abbott Lingo CGMs. By Steph Habif “Did you say you are now wearing a CGM?” my 78-year-old father asked me one day. “If so, what brand do you think is best for me to try?” My dad wanted my opinion because […]
ProMed Pharma marks 1-year anniversary of new development and analytical labs
NEWS RELEASE: ProMed Pharma celebrates one-year anniversary of new Maple Grove development and analytical laboratories ProMed Pharma recently celebrated the first anniversary of the opening of its Product Development and Analytical Testing facility in Maple Grove, Minnesota. The facility currently includes two state-of-the-art Class 7 clean rooms with dedicated air handling, gowning areas and a […]
What is the difference between two-part and three-part syringes?
Syringes remain an integral part of the medical industry, yet they are often an afterthought in the R&D or production phase. William Foley, Air-Tite Products With the wide variety of options available on the market containing fundamental differences in design and composition, can the syringe selection affect the end-product? It’s possible to manufacture a syringe […]
Nemera’s Innovation Center reaches 100 employees
(Press Release) – Nemera‘s celebrated an important milestone: its Innovation center has just hired its 100th employee. The Innovation Center, a multi-discipline drug delivery device development expertise center, was created in 2008. Early on, it included a few engineers, who worked on product development. Over the last 10 years, it has grown consistently to reach […]
VIVA 2018 Roundup: Surmodics reports positive one-year data for SurVeil drug-coated balloon
By Sarah Faulkner & Fink Densford Surmodics (NSDQ:SRDX) touted data this week from an early feasibility study of the company’s SurVeil drug-coated balloon in patients with symptomatic peripheral artery disease due to de novo lesions of the femoral and popliteal arteries. All of the study’s 13 subjects met the acute success measures of safety at […]
Materials for needle-free injection technology: What you need to know
Specially formulated polycarbonates help advance drug delivery innovation that improves patient experience and promotes better medication compliance. Douglas Hamilton, Covestro Diabetes is on the rise. The International Diabetes Federation (IDF) estimates there are roughly 415 million people affected by this chronic condition. By 2045, this is expected to rise to 629 million. For many, living with diabetes requires […]
Lubrizol LifeSciences & Particle Sciences to host micro- & nano-particulate drug product development seminar
[PRESS RELEASE] – The Lubrizol Corporation announces its LifeSciences Pharmaceutical business will organize the first annual “Complex Drug Delivery Seminar: Micro- and Nano- Particulate Drug Product Development and Manufacturing” in Amsterdam on Thursday, September 27, 2018. Lubrizol LifeSciences through its pharmaceutical CDMO, Particle Sciences, and Co-Sponsor, Corbion, a world leader in bioresorbable polymers, would like to invite […]
