medical device guru

Surgery and Surgical Robotics

Global Endoscopy Devices Paced for Rapid Growth

  The Global Endoscopy Devices Market is estimated to be $30.1 billion in 2014 and is poised to reach $47.6 billion by 2022, growing at a CAGR of 5.90% from 2014 to 2022. Some of the key factors driving the...

March 9, 2016

Imaging Visualization & Navigation

This Impossibly Intricate Dress Was 3-D Printed In A Single Go

Nervous Systems is a generative design studio founded by MIT alums known for merging the natural world with 3-D printed fashion. For its latest project, the studio teamed up with Boston’s Museum of Fine Arts to create a fairy-like party...

March 4, 2016

Biologics, Wound Care, Infection Prevention

Israeli PolyPid Ready for Clinical Trials of Anti-Infective Surgical Products

PolyPid expects to use a $22 million cash infusion to get its surgical drug reservoir lead candidate into Phase III testing, while completing a trial for its doxycycline-loaded synthetic bone substitute. The latter, for BonyPid-1000, is expected to be sufficient...

March 4, 2016

Cardiovascular / Cardiology

Settlement Reached with 51 Hospitals for Allegedly Improperly Implanting ICD’s

The Department of Justice (DOJ) announced on Feb. 17 that it had reached settlements worth a total of more than $23 million with 51 hospitals in 15 states for allegedly improperly implanting implantable cardioverter defibrillators (ICDs) cardiac devices in Medicare...

March 4, 2016

Diagnostics & Healthcare News

Bidding Nearing End on Sale of Toshiba Medical Device Unit

Battle-weary Toshiba is barreling toward the finish line in a sale of its medical device unit, and fellow Japanese device maker Fujifilm could emerge the winner in a potential $6 billion deal. The second round of bidding for Toshiba’s medical equipment...

March 4, 2016

Orthopedics and Spine

Distracted Walking – 2016 Public Service Announcement 

The American Academy of Orthopaedic Surgeons (AAOS) today unveiled its 2016 public service announcement (PSA) campaign which will be distributed to more than 8,000 media outlets across the country. This year’s multimedia program—television, radio and print PSAs—warns Americans on how...

March 3, 2016

Orthopedics and Spine

Medtronic Spine is Still Hobbled Over 

Medtronic reported its fiscal third quarter financial results on Tuesday where it reported slightly lower-than-expected revenue, most likely because of currency fluctuations. Most analysts described the results as solid, but one analyst’s question to Medtronic’s CEO, Omar Ishrak, underscored the...

March 3, 2016

Surgery and Surgical Robotics

Could Mesh Sutures Reduce Incisional Hernias

Incisional hernias are among the most common complications of abdominal wall closures. A landmark study found that about 20% of patients developed an incisional hernia after a laparotomy (Chirurg2002;73:474-480). Failures of high-tension repairs may come down to the inability of...

March 3, 2016

Surgery and Surgical Robotics

Endoscope Maker Olympus Agrees To $646 Million Settlement Over Kickbacks

Medical device maker Olympus Corp., already under federal investigation for its role in superbug outbreaks, has agreed to pay $646 million to resolve criminal and civil probes into illegal kickbacks and bribes to doctors and hospitals. Federal prosecutors said Tuesday...

March 3, 2016