Its stock is up 50 percent. Billion-dollar deals for breakfast. How did Boston Scientific get its mojo back?
Boston Scientific has successfully recovered and transformed from past failures through strategic acquisitions and effective leadership, culminating in a $130 billion valuation.
Philips new CEO is overhauling company culture and adding a role to the C-suite
Royal Philips emphasized patient safety post-recall by establishing a new C-suite role and fostering a culture of openness and responsibility.
Its stock is up 50 percent. Billion-dollar deals for breakfast. How did Boston Scientific get its mojo back?
Boston Scientific has successfully recovered and transformed from past failures through strategic acquisitions and effective leadership, culminating in a $130 billion valuation.
Philips new CEO is overhauling company culture and adding a role to the C-suite
Royal Philips emphasized patient safety post-recall by establishing a new C-suite role and fostering a culture of openness and responsibility.
Horrifying medical device malfunction: Abdominal implant erupts from leg
The case highlights concerns over the safety and transparency of IVC filter devices after a patient experienced severe complications from a failed filter.
The Importance of Implementing Explainable AI in Healthcare
Explainable AI (XAI) is essential in healthcare for accurate diagnoses and treatment.
XAI has use cases in medical devices, patient analytics, and medical research.
14,000 medical devices are online, unsecured and vulnerable
Nearly half of the world's exposed medical devices are located in the U.S., highlighting significant cybersecurity vulnerabilities in the healthcare sector.
How Philips CEO Roy Jakobs is turning the company around after a major recall
Philips is focusing on healthcare innovations and leveraging AI to redefine its business model for the future.
FDA Names a New Chief of Medical Devices
Dr. Michelle Tarver begins her new role at the FDA to strengthen safety standards and restore credibility regarding medical device regulation.
US FDA issue warning over smartwatches and smart rings
Consumers should not use smart devices to manage blood glucose without skin piercing
FDA emphasizes the importance of using FDA-approved devices for accurate blood glucose measurements.
The Importance of Implementing Explainable AI in Healthcare
Explainable AI (XAI) is essential in healthcare for accurate diagnoses and treatment.
XAI has use cases in medical devices, patient analytics, and medical research.
14,000 medical devices are online, unsecured and vulnerable
Nearly half of the world's exposed medical devices are located in the U.S., highlighting significant cybersecurity vulnerabilities in the healthcare sector.
How Philips CEO Roy Jakobs is turning the company around after a major recall
Philips is focusing on healthcare innovations and leveraging AI to redefine its business model for the future.
FDA Names a New Chief of Medical Devices
Dr. Michelle Tarver begins her new role at the FDA to strengthen safety standards and restore credibility regarding medical device regulation.
US FDA issue warning over smartwatches and smart rings
Consumers should not use smart devices to manage blood glucose without skin piercing
FDA emphasizes the importance of using FDA-approved devices for accurate blood glucose measurements.
Helmet helps mitigate hair loss for cancer patients undergoing chemotherapy - Yanko Design
The Luminate Lily helmet helps prevent hair loss during chemotherapy by blocking drugs from hair follicles, addressing a significant concern for cancer patients.
I tested a 600 ear-zapping device - and it boosted my memory by 80%
The Nurosym vagus nerve stimulation device may significantly enhance short-term memory and provide a range of health benefits by stimulating the vagus nerve.
Symphera has raised €2.4M in seed funding to develop surgical systems that automate tool-switching in laparoscopic procedures.
The AlleyWatch Startup Daily Funding Report: 7/26/2024
NYC startups Voom Medical Devices and Photon Health secured funding: $11.2M and $7.35M respectively.
1.5 million adult bed rails are recalled following 2 reports of entrapment deaths
Recall of 1.5 million Medline Bed Assist Bars in the U.S. and Canada due to entrapment hazards and two reported deaths.
Neuralink rival sets brain-chip record with 4,096 electrodes on human brain
Precision Neuroscience sets world record with 4,096 electrodes on a living human's brain, focusing on safety and precision in brain-computer interface technology.
This wearable device is the most scientifically effective way to treat knee pain - Yanko Design
Combination of heat, light, massage for knee pain relief
Kneeflow promotes healing without chemicals or prescription
pneumatic robotic glove aids training for stroke and hand disability rehabilitation
Robotic glove for hand rehabilitation by IDC and XFT Medical uses EMG feedback and flexible robotics.
Six training modes cater to various needs, promoting muscle strengthening and motor skill improvement.
Medical device bias needs immediate action - review
Immediate action needed to address biases in medical devices, especially for darker skin tones
Recommendations include design of fairer devices and acceptance of report's conclusions by government
Earlybird Health closes twice-larger second fund, will write bigger checks | TechCrunch
Earlybird Health has closed its second fund at €173 million, more than double the size of its first healthcare-focused fund.
The fund will enable Earlybird Health to write larger checks and invest in European healthtech startups.
EU countries vote unanimously to approve AI Act
EU member countries have unanimously voted to advance the Artificial Intelligence Act, bringing new rules for governing AI.
Germany initially had reservations about the bill, but reached a compromise after clarifying that it does not apply to AI in medical devices.
Artificial muscle device produces force 34 times its weight
Researchers have developed a fluid switch using ionic polymer artificial muscles that operates at ultra-low power and produces a force 34 times greater than its weight.
The artificial muscle is composed of metal electrodes and ionic polymers, and it generates force and movement in response to electricity.
From Dr. Oz to heart valves: A tiny device charted a contentious path through the FDA
MitraClip, invented by Mehmet Oz, revolutionized cardiac treatment but faced safety concerns post-FDA approval, raising questions about regulatory oversight and industry practices.
Oregon Department of Corrections ends practice of charging prisoners for medical devices
The Oregon Department of Corrections stopped making prisoners pay for medical devices, reimbursing thousands after legal actions.