NHS snags $36m for innovative medtech
NHS investment of £30m ($36m) for medical technology from the UK government called crumbs when compared to the £680m ($824m) unified tech fund from two years ago. Credit: John Gomez/Shutterstock The UK government has announced an investment of £30m ($36m) in medical technology to relieve pressure on the National Health Service (NHS). According to the […]
FluoGuide imaging agent wins FDA orphan drug designation for glioma surgery
FlouGuide are expecting Phase IIb trial results by the end of November. Image Credit: Gorodenkoff / Shutterstock. The US Food and Drug Administration (FDA) has granted an Orphan Drug Designation to FluoGuide’s optical imaging agent, FG001. The FDA designation applies to the use of FG001 during surgeries of more aggressive gliomas – World Health Organization […]
Loci Orthopedics kicks off study of artificial thumb joints
The 15-patient study will examine the use and implimentation of the artificial joint intended to better restore mobility to the thumb base. Credit: Shutterstock / jajam_e An Ireland-based orthopedics firm has announced that they have concluded enrollment for a feasibility study surrounding the surgical implantation of artificial thumb joints. Galway-centered Loci Orthopedics has recruited 15 […]
SurGenTec receives US FDA clearance for TiLink-P fusion system
The TiLink posterior locking screw and compression anchor. Credit: SurGenTec/ Business Wire. SurGenTec has received clearance from the US Food and Drug Administration (FDA) for its posterior sacroiliac joint fusion system, TiLink-P. Said to be the first-of-its-kind, the new minimally invasive implant is intended for the treatment of patients with chronic sacroiliac (SI) joint pain. […]
Phillips-Medisize, GlucoModicum to develop new CGM device
The needle-free continuous glucose monitoring device removes patient care roadblocks by leveraging magnetohydrodynamic technology for non-invasive glucose monitoring. Credit: Molex Incorporated/PRNewswire. Molex company Phillips-Medisize and Finnish medtech company GlucoModicum have joined forces on an advanced non-invasive, needle-free continuous glucose monitor (CGM). Claimed to be the first-of-its-kind, the wearable device will be designed and commercialised to […]
Q&A with GlobalData thematic analyst
The medical device industry is facing a number of ESG challenges. Credit: Shutterstock Alexandra Murdoch has been an analyst on the medical devices team since July of 2021. She currently leads the medical themes team, and prior to that she led the wound care management, neurology, diagnostic imaging, and dental therapy areas. Prior to joining […]
Yamaha Motors drives into healthcare with new antibody analysis company
Yamaha Motors, famous for manufacturing motorbikes, said the newly launched healthcare company’s focus will be the US and Japanese markets, and that Europe is a possible future direction. Image credit: Shutterstock/gilbertgoon. Yamaha Motors is adding patients to its motorcycle-heavy clientele, as the Japanese mobility giant rides into healthcare with the launch of Tuning Fork Bio […]
NYSE issues Sonendo with non-compliance notice
The non-compliance warning comes two years after Sonendo began trading on the exchange, when it raised $93.6m in an initial public offering. Shutterstock/Javen. Sonendo has received a non-compliance notice from the New York Stock Exchange (NYSE), after the dental technology company’s common stock fell below the required average closing price. The NYSE sent a notice […]
Pulse and CardioNXT partner for nsPFA cardiac catheter trial
The integration will allow electrophysiologists to visualise individual cardiac structures. Credit: National Cancer Institute on Unsplash. Pulse Biosciences has collaborated with CardioNXT for the Nanosecond Pulsed Field Ablation (nsPFA) cardiac catheter first-in-human study. Under the deal, the companies will integrate Pulse Biosciences’ nsPFA circumferential cardiac catheter with CardioNXT’s iMap navigation and mapping system. This integration […]
Reducing medical device approval times in 2023
Medical technology is constantly evolving, with innovative devices in 2023 offering groundbreaking solutions to improve patient care and outcomes. However, the journey from conceptualisation to market availability is not without its challenges. Medical device development involves several stages, each marked by specific milestones and regulatory requirements. Pipeline products undergo a rigorous approval process that ensures […]