RapidAI’s FDA clearance for Rapid SDH and the future of trauma care
GlobalData expects every segment of the AI market to grow over the next decade. Credit: Have a nice day Photo via Shutterstock. RapidAI’s recent achievement in securing FDA clearance for its AI-powered module, Rapid SDH, represents a pivotal moment in the healthcare information technology (IT) sector, specifically within the realms of neurovascular and trauma care. […]
ACON obtains FDA approval for Covid-19 antigen home test
The test is intended for use only by symptomatic individuals within the first six days following symptom onset. Credit: fernando zhiminaicela from Pixabay. ACON Laboratories has received 510(k) marketing clearance from the US Food and Drug Administration (FDA) for its Flowflex Covid-19 antigen home test. It is claimed to be the first FDA clearance for […]
BD reports 6.8% rise in revenue in Q4 2023
BD expects revenues for FY24 to fall between $20.1bn and $20.3bn. Credit: JHVEPhoto / Shutterstock.com. Becton, Dickinson and Company (BD) has reported a revenue of $5.1bn in the fourth quarter (Q4) of 2023, a 6.8% rise from $4.7bn in the corresponding period last year. In the quarter, the company’s reported diluted earnings per share (EPS) […]
AVITA partners with PolyMedics to expand Recell into Europe
AVITA also expects US approval for its next-generation automated Recell device, RecellGo, in May 2024. Image Credit: UfaBizPhoto / Shutterstock. Avita Medical has signed a distribution agreement with PolyMedics Innovations to market its products in Europe. As per the agreement, PolyMedics will serve as the exclusive distributor for Recell in Germany, Austria, and Switzerland, with […]
Nottingham University secures £1m for smart endotracheal tube trial
Researchers are planning to conduct the first clinical evaluation of 40 adult participants undergoing planned surgery next year. Credit: Shutterstock / Jeniffer Fontan The University of Nottingham has been awarded £1m ($1.2m) to launch clinical trials investigating an optical fibre sensor-equipped endotracheal tube that is designed to prevent pressure injuries to the airway. The UK […]
GE HealthCare and Sectra challenge mounting radiology workloads
GlobalData predicts the market to grow at a CAGR of 3.94 % between 2021 and 2025, reaching $35.4bn by 2025. Credit: Teeradej/Shutterstock In a collaborative effort to tackle the expanding workloads of radiologists, GE HealthCare and radiology imaging diagnostic application provider Sectra are teaming up to combine their technologies. GE HealthCare will integrate its AW […]
Owlet receives de novo clearance from FDA for infant oximeter
Dream Sock will be utilised for monitoring and showing the baby’s live health readings. Credit: Iryna Inshyna / Shutterstock.com. Owlet has received de novo clearance from the US Food and Drug Administration (FDA) for its over-the-counter medical pulse oximetry solution, Dream Sock, for infants. Claimed to be the first and only of its kind, the […]
Lucid Diagnostics introduces new EsoGuard 2.0 DNA test
The assay will extract DNA from oesophageal cells that are collected using the EsoCheck cell collection device. Credit: Warren Umoh on Unsplash. Pavmed subsidiary Lucid Diagnostics has introduced the next generation of the EsoGuard Esophageal DNA test (EsoGuard 2.0) to detect oesophagal precancer. The company’s CAP-accredited, CLIA-certified laboratory LucidDx Labs will provide the new test […]
GenAI will be utilised to make NICE website more patient friendly
GenAI will be utilised to make the NICE website more patient-friendly. The National Institute for Health and Care Excellence (Nice) will be utilising generative AI (GenAI) to make its website more patient-friendly. Speaking during a session at the NICE conference 2023, held in Manchester on 7 November, NICE CEO Dr Sue Roberts said that the […]
Castle Biosciences reinforces evidence for depression medication test
IDgenetix provides medication recommendations for patients diagnosed with mental health conditions such as depression and anxiety. Credit: simpson33 via Getty Images. Castle Biosciences has announced new positive results from an open-label study investigating IDgenetix, a guided medication management test for patients with neuropsychiatric conditions such as depression and anxiety. The study compared outcomes between a […]