Nearly 2.2 million devices are affected by the recall. Fresenius Medical Care will not have to remove products due to the issue.
New mitral and tricuspid valve treatments are attracting strong demand, but analysts said transcatheter aortic valve replacement sales were shy of expectations.
Livanova learned that an unauthorized party obtained patient data, including Social Security numbers and health conditions, during last year’s attack.
After a 2023 inspection, the FDA found three unreported field corrections related to CT machines and 19 other recalls of radiology devices.
Philips, Illumina, Insulet and Exact Sciences have all gained new CFOs in recent weeks.
China’s procurement market for medical devices has gradually become more closed for European and foreign companies, the European Commission alleges.
Exo sees the new capabilities as especially helpful for healthcare providers in rural and under-resourced settings.
Intended to preserve resources, the layoffs come weeks after Freenome released study data on its blood test for colorectal cancer that fell short of competitors’ results.
CEO Mike Mahoney would not provide specific sales numbers for the device, but hyped the pulsed field ablation system as the “most transformational product” he’s seen in his time with the company.
Pavlovic, who was a partner at the law firm Manatt, Phelps & Phillips before joining Medtronic, will gain a new title, but her role will stay the same.
J.P. Morgan analysts expect this week’s results to be “very good” following reports from J&J, Abbott and Intuitive Surgical.
Truist Securities analysts wrote that Medtronic and Johnson & Johnson could “be relegated to niche players” in surgical robotics.