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Medical Technology News | MedTech Dive
MedTech Dive provides medical technology news and analysis for industry professionals. We cover medical devices, diagnostics, digital health, FDA regulation and compliance, imaging, and more.
Top 10 medtech deals of 2024 | MedTech Dive
Jan 2, 2025 · 7. Owens & Minor to buy Rotech Healthcare Holdings. Amount: $1.36 billion. Date announced: July 23. Owens & Minor agreed to buy home medical equipment company Rotech Healthcare Holdings to further its efforts to generate $5 billion in patient direct sales by 2028. Rotech made $750 million in net revenue in 2023 through sales of products for respiratory diseases, sleep apnea and other conditions.
Medtronic buys surgical instrument developer Fortimedix
Nov 22, 2024 · Dive Insight: Fortimedix has kept a low profile in recent years. The Dutch medtech company put out a series of press releases in 2016 and 2017, when it raised 11 million euros, received a CE mark and launched a single-port Symphonx surgery system in the U.S.. Physicians published a paper in 2020 about the learning curve for new users of the surgery system.
FDA finalizes guidance on device shortage reporting rules
Jan 8, 2025 · Dive Insight: Industry groups pushed back against the first draft in 2022, warning that the scope of the document may cause overreporting. The FDA responded in 2023 by proposing a list of product codes that would be subject to the reporting requirements.
Medtronic, Siemens Healthineers partner on spine surgery
Sep 25, 2024 · Dive Brief: Medtronic and Siemens Healthineers have partnered to expand access to pre- and post-operative imaging technologies for spine surgery, the companies said Wednesday at the North American Spine Society annual meeting.; The firms will co-market Siemens Healthineers’ Multitom Rax X-ray imaging system and integrate it into Medtronic’s AiBLE suite of products for spine surgery.
FDA plan would alert public sooner on high-risk device recalls
Nov 22, 2024 · The Food and Drug Administration’s medical device center unveiled Thursday a pilot program meant to speed up notices to the public about potentially high-risk product recalls.. The pilot aims to improve the time between when the FDA first knows about certain corrective actions on products and when the public and healthcare providers are notified.
Stryker to buy Inari Medical for nearly $5B | MedTech Dive
Jan 6, 2025 · Dive Brief: Stryker has agreed to acquire Inari Medical for approximately $4.9 billion, the company announced late Monday. The transaction is expected to close in the first quarter. Under the deal, Stryker would acquire all of Inari’s shares for $80 per share in cash, a premium of more than $30 over Friday’s closing price. Inari’s stock …
Medtronic inks exclusive deal to sell Kuros bone graft device
Jan 9, 2025 · Dive Brief: Medtronic has inked a five-year deal to sell Kuros Biosciences’ MagnetOs bone graft technology for use in spine procedures in the U.S. ; Kuros, which disclosed the agreement Tuesday, developed MagnetOs to provide an alternative to transplanting a patient’s own bone to support spine fusion.; Medtronic also makes the Infuse bone graft product used in spinal fusion procedures.
FDA aims to stem AI device bias, boost transparency in draft …
Jan 7, 2025 · The Food and Drug Administration’s device center clarified how manufacturers should approach artificial intelligence in a draft guidance issued on Monday.. The document outlines recommendations for design, development and maintenance to ensure AI-enabled devices are safe and effective.
The number of AI medical devices has spiked in the past decade
Oct 9, 2024 · The number of medical devices with artificial intelligence technology has risen sharply in the past decade. The Food and Drug Administration has authorized 950 AI or machine learning-enabled devices as of Aug. 7, 2024, according to the agency’s database. While the FDA authorized the first AI-enabled device in 1995, the number of …