medical device guru

Diagnostics & Healthcare News

Medtronic Agrees to Share Data in Patient-Safety Effort 

Medtronic CEO Omar Ishrak announced this week that he is joining the board of the Patient Safety Movement Foundation, which was founded four years ago by Masimo CEO Joe Kiani. Minnesota-run Medtronic PLC and California-based Masimo Corp. are bitter rivals...

November 11, 2016

Diagnostics & Healthcare News

Young Biologists Ditch Postdocs for Biotech Start-Ups 

Many biologists are founding their own firms as venture capitalists show increased interest in science.   Vindication was three years coming for Ethan Perlstein (pictured above). On 19 October, his California biotechnology company, Perlara, announced a deal with Novartis. The Swiss drug...

November 10, 2016

Diagnostics & Healthcare News

EarlySense Launches New Wireless Monitoring Tool to Help Reduce Hospital Readmissions 

Waltham, MA – September 27, 2016 – EarlySense, the market leader in contact-free continuous monitoring solutions, today launched InSight™, a new product line extension designed for facilities aiming to reduce hospital readmissions and falls. Leveraging the company’s market-proven hospital technology,...

November 7, 2016

Diagnostics & Healthcare News

Inside the Largest Medical Device Acquisition in History

In June 2014, Medtronic and Covidien shook the medical technology industry with the announcement of a merger of unprecedented scale. OCTANe’s Medical Investor Forum, held in Irvine, Calif., Oct. 27-28, featured a conversation between Geoff Martha, who led Medtronic’s team...

November 4, 2016

Diagnostics & Healthcare News

Security Risks Unveiled from Insulin Pumps  

Medical device manufacturer Animas, a subsidiary of Johnson & Johnson, is warning diabetic patients who use its OneTouch Ping insulin pumps about security issues that could allow hackers to deliver unauthorized doses of insulin.  The vulnerabilities were discovered by Jay...

October 19, 2016

Diagnostics & Healthcare News

Man Feels Sensations in His Paralyzed Hand Through a Robotic Prosthetic

Researchers from University of Pittsburgh and University of Pittsburgh Medical Center (UPMC), successfully managed to bring back the feeling of sensation to a man severely paralyzed a decade earlier. The 28 year-old had electrodes from a brain-computer interface (BCI) implanted into...

October 17, 2016

Diagnostics & Healthcare News

Stryker Persists in Legal Battle With Ex-Rep, Despite Bankruptcy

Ex-Stryker rep, Chris Ridgeway, has been in the middle of a legal battle with Stryker since September 2013 when they fired and sued him, claiming he conspired with Biomet to steal Stryker’s trade secrets, pricing, and obtain a distributorship deal through...

October 12, 2016

Diagnostics & Healthcare News

Medtronic Received FDA Approval for New Insulin Delivery System for Type 1 Diabetes

The Food and Drug Administration’s approval of a new insulin delivery system for people with Type 1 diabetes is a big deal. With Type 1 diabetes, the pancreas makes little or no insulin so people have to replace it with...

October 11, 2016

Diagnostics & Healthcare News

Theranos Closing Labs and Wellness Centers, Laying Off Hundreds 

Elizabeth Holmes, the embattled founder and chief executive of Theranos, said late Wednesday that the company will close its clinical labs and Walgreens testing centers. The open letter, posted on the company’s website, was essentially an epitaph for the consumer-facing...

October 10, 2016