• This Year Could Be Huge for Digital Health

    A new report about venture capital funding in digital health startups in the first quarter signals that 2016 may be a year like no other.Arundhati ParmarDigital health startups raked in $2.03 billion during the first three months of 2016, according to CB Insights, a venture capital database, which published the report late last week. The report suggests that if the pace continues, venture capitalists will have poured $8.1 billion by year end. That would be a big jump over 2015, when digital...
  • Can Medtronic Win the Artificial Pancreas Race?

    The company says it is close to submitting its application to FDA for the world's first hybrid, closed-loop artificial pancreas. Nancy CrottiMedtronic is poised to submit its application for what could be the world’s first hybrid, closed-loop artificial pancreas to FDA later this year.The company is on track to submit a PMA for for the MiniMed 670G with the Enlite 3 continuous glucose monitoring sensors to FDA before the end of 2016, Medtronic CEO Omar Ishrak told analysts during a Q4 2016...
  • Researchers Seek to Understand Superbug Resistance

    A new study will look at patients unaffected by deadly drug-resistant superbugs and could lead to therapies to induce tolerance to the pathogens in others.Kristopher SturgisThis figure details the number of healthy, resistant, sick, and tolerantmice in a given study. A new DARPA-funded study led by the Wyss Institute for Biologically Inspired Engineering at Harvard University seeks to better understand human resistance to deadly superbug infections.The study, called Technologies for Host...
  • Thermo Fisher Acquires Electron Microscopy Firm

    Oregon-based FEI's electron microscope technology complements Thermo Fisher's mass spectrometry business.Nancy CrottiThermo Fisher has been hinting of late at making another acquisition, and it just pulled the trigger.The Waltham, MA, company announced it plans to acquire electron microscope technology company FEI for $4.2 billion. FEI designs, manufactures, and supports high-performance electron microscopy workflows that provide images and information at micro-, nano- and picometer scales...
  • Theranos Founder's Net Worth Shrinks to Zero

    Once the darling of Silicon Valley, Elizabeth Holmes has become a pariah since allegations that Theranos's tests are inaccurate came to light.Jamie HartfordWhat a difference a year makes. In 2015, Theranos founder and CEO Elizabeth Holmes was hailed by Forbes as America’s richest self-made woman, topping a list that included the likes of Beyoncé and Sheryl Sandberg. Now, just 12 months later, Forbes estimates that her $4.5 billion net worth has evaporated to nothing.In a new report,...
  • New Philips Heart Attack Detector Runs on One Blood Drop

    The Dutch medical device company says the handheld medical device is for rapid point-of-care diagnosis of heart attacks.Nancy CrottiPhilips' Minicare I-20 (Image courtesy of Philips)Koninklijke  Philips has launched a handheld blood test that it says can cut the time to diagnose a heart attack from one hour to less than 10 minutes.Don't miss the MD...
  • Heal an Injured Knee? You Need to Listen

    Georgia Tech researchers hope their wearable device— which records and graphs sounds inside injured knees— will help soldiers and athletes.Nancy CrottiThe Georgia Tech device uses both MEMS microphones and piezoelectric strips to pick up sounds. (Image courtesy of Georgia Tech)Those snap, crackle, pop sounds coming from your knee may someday help physicians discern the extent of an injury and how it’s healing.A research team led by a former NCAA discus thrower is working on a device that...
  • This Is the Closest Device to a Tricorder Yet

    Chest-worn patch tracks both biochemical and electrical signals, sending the info to a smartphone. Nancy CrottiThe Chem-Phys patch records electrocardiogram (EKG) signals and tracks levels of lactate. (Image courtesy of University of California, San Diego)Engineers at the University of California, San Diego have developed the first flexible, wearable device capable of monitoring both biochemical and electric signals in the human body.The Chem-Phys patch records electrocardiogram (EKG) signals...
  • New Diabetes Device Assembles Itself

    GI Windows' technology delivers magnetic parts via endoscope that then self-assemble in the small bowel, forming an anastomosis before passing out of the body. Arundhati ParmarGI Windows Animation from Jared Kornblatt on Vimeo.Diabetes drugs abound, but many startups are taking the device approach to manage type 2 diabetes, an expensive and chronic condition.There’s Fractyl Laboratories, based in Waltham, MA, that is testing an endoscopic procedure to ablate a portion of the duodenum...
  • This Test Can Find a Single Virus in Urine

    The test from the University of Texas has implications for field use in detecting catastrophic viruses like Zika.Nancy CrottiThe researchers demonstrated their new technique on a the murine cytomegalovirus, which is related to a herpes virus, shown here. (Image courtesy of the University of Texas at Austin)A pair of University of Texas at Austin graduate students has come up with a test that can rapidly detect a single virus in urine, according to the university.Although the technique presently...
  • Get Ready for Medical Innovation on CBS

    "This is the revolution, Dr. Wallace." Medical device revolution?Chris NewmarkerWhat if you could just cut through all the healthcare industry red tape and find a Silicon Valley tech billionaire willing to fund your wildest medical device industry innovation dreams?Well, good luck on that. But until then, you can always bust open a bag of chips, pour a cold drink and watch CBS' new "Pure Genius" television series, expected out this fall. The series is about a tech billionaire named James...
  • This New Wearable Measures Your Blood Alcohol

    San Francisco company wins national prize for wearable device that measures alcohol level through perspiration.Nancy CrottiThe BACtrack Skyn uses a fuel-cell technology like that in devices used by police for roadside BAC testing and connects via Bluetooth to a smartphone to store data. (Image courtesy of BACtrack)A company that makes portable blood-alcohol testers has won a national prize for a wearable version that looks like a fitness tracker and delivers results in near-real time....
  • This Stretchy Battery Tech Could Boost Wearables

        The new stretch batteries include a thin, tiled array components in the millimeter scale. (Image courtesy of John Rogers, University of Illinois) Scientists develop a new line of battery and solar cell technologies that are thin, soft, and can stretch without any detectable loss in power.Kristopher SturgisThe new flexible power system was designed by researchers at the University of Illinois to help  bridge the gap when it comes to powering wearable devices....
  • Adhesive Suppliers Stick Closely to Changes in Medical Devices

    As the array of materials used in medical devices has grown, the available adhesive options have likewise expanded.Frank Vinluan This flexible tubing was bonded with a Henkel cyanoacrylate adhesivedeveloped to offer flexibility, rapid fixture, and high bond strength.Years ago, medical device makers had few choices when selecting adhesives for their medical devices. Adhesive companies focused on making large batches of off-the-shelf product, recalls Mark Conway, executive vice president,...
  • This Is How You 3-D Print Complex Metal Parts

    Harvard University researchers created a novel method for 3-D printing complex metallic architectures using a programmed laser to solidify ink composed of silver nanoparticles. The method could enable more medical device advances.Kristopher SturgisThese 3-D printed wire butterflies were produced using new printing technique. (Image courtesy of Lewis Lab/Wyss Institute at Harvard University)When it comes to wearable technologies, many advancements are held back by the complications of...
  • How Toyota Is Bringing Back the Amazing iBOT

    Shelved amid lack of reimbursement from Medicare, DEKA’s stair-climbing, all-terrain wheelchair is set for a comeback amid a new partnership with Toyota. Qmed StaffDEKA Research and Development (Manchester, NH) has inked a deal with Toyota that will enable the development and launch of a next-generation iBOT motorized wheelchair, the two companies recently announced. Under the deal, Toyota will license balancing technologies held by DEKA and its affiliate. The...
  • Rounding Out the List of Most Compensated Medtech CEOs

         No. 8: Boston Scientific CEO Michael MahoneyTotal Compensation: $11,594,128Total Salary: $967,740 Previous Fiscal Year Compensation: $10,527,884Percent Difference: +10% No. 9: Zimmer Biomet CEO David DvorakTotal Compensation: $11,392,178Total Salary: $1,056,258 Previous Fiscal Year Compensation: $9,521,874Percent Difference: +20% No. 10: Hologic CEO Stephen MacMillanTotal Compensation: $11,333,859Total Salary: $1,000,000Previous Fiscal...
  • This Polymer Could Matter for Heart Valves

    A new study from Rice University uses a natural polymer to serve as a template for the middle layer of synthetic heart valves—providing a potential novel solution in a field with limited options. Kristopher SturgisRice University bioengineering professor Grande Allen and her graduate student Dan Puperi test a sample in her lab at Rice’s BioScience Research Collaborative. (Photo courtesy of Rice University)When it comes to heart health, the functionality of heart valves can’t be overvalued...
  • BD CEO Vincent Forlenza Sees 7% Rise in Compensation

         Total Compensation: $11,710,032Total Salary: $1,045,000 Previous Fiscal Year Compensation: $10,983,518Percent Difference: +7%Barrett's salary crossed the $1 million mark in 2015. His compensation was up in almost all the other categories, from stock awards to non-equity incentive plan compensation. Continue >>Image courtesy of BD
  • Cardinal Health CEO George Barrett's Compensation Up 7%

        Total Compensation: $13,269,731Total Salary: $1,320,000Previous Fiscal Year Compensation: $12,448,618Percent Difference: +7%Barrett was among a number of highly paid medtech CEOs enjoying an increase in stock awards and option awards in the most recent fiscal year. Continue >>Image courtesy of Cardinal Health