Marc Alain Bohn, Miller & Chevalier Orthofix International in January entered into its second Foreign Corrupt Practices Act (FCPA) settlement in less than 5 years, resolving allegations with the U.S. Securities and Exchange Commission that the company’s Brazilian subsidiary made improper payments to doctors at government-owned hospitals in Brazil to increase sales. Orthofix consented to the entry […]
medtech
GCMI and BD to support medtech startups in Southeast U.S.
The Global Center for Medical Innovation has partnered with Becton, Dickinson and Co. (BD) to support the launch of the GCMI Medtech Accelerator. “Too many medtech startups fail unnecessarily due to a lack of bridge, or seed funding, required to advance far enough in the commercialization process to attract investment by a larger device company,” […]
Blood test could accurately diagnose heart disease
A simple blood test could accurately diagnose heart disease in 2 hours, according to new data published by life science company Prevencio. Prevencio researchers and the Massachusetts General Hospital collaborated to develop a clinical and multi-protein blood test that could diagnose obstructions in coronary arteries, leading to the prevention of a heart attack. The blood test, known as […]
This 3D heart tissue beats—and is made from multiple cardiac cell types
Scientists at Toronto’s York University have created 3D heart tissue that has a synchronized beat. They think the tissue could improve understanding of cardiac health as researchers develop new treatments. Muhammad Yousaf, a York University chemistry professor, and his graduate student team stuck three types of cardiac cells together to get a 3D heart tissue that beats […]
This ingestible sensor is powered by stomach acid
MIT and Brigham and Women’s Hospital researchers have announced an ingestible device innovation: a small voltaic cell that can withstand the acidity of fluids in the stomach and still transmit information to a base station. The small device can stay in the gastrointestinal tract for long periods of time and can produce enough power to […]
MedCrypt and QuiO partner to protect devices from cyberattacks
MedCrypt and QuiO have announced an integration partnership for a set of cloud-connected injection devices known as the Smartinjector devices to provide safe data transfers of patient prescriptions and injections. OuiO will receive software security with this partnership for its Si One, for specialty drugs, and Si Pen, for diabetes patients. MedCrypt’s software will be able to sync […]
E.U. publishes final version of medical device regulations
Ronald Boumans, Emergo Final versions of the European Medical Device Regulations (MDR) and In Vitro Diagnostic Regulations (IVDR) have been published, and will come to a formal vote by the European Council on March 7 and by the European Parliament on March 20. Following these votes, the MDR and IVDR are expected to be formally published in late […]
How Trelleborg is getting the most out of its acquisitions—including with combo devices
Heather Thompson, Senior Editor As is the case with many medical device industry suppliers, Trelleborg has engaged in a spate of acquisitions to better serve the growing needs of its OEM customers for drug-device combo products and more. Last year, Trelleborg, Sweden–based Trelleborg announced the acquisition of Tustin, California–based Specialty Silicone Fabricators. They’ve made three […]
Medtech stories we missed: Feb. 3, 2017
From disappointing Getinge earnings to a $2.25 billion U.S. Defense Department contract for Cardinal Health to a host of 510(k) clearances, here are seven recent medtech stories that are still worth a mention. 1. Getinge disappoints on earnings—again Getinge stock took a nearly 10% tumble last week after releasing earnings that Reuters says lagged analyst […]
