The Medical Industry Briefin

The latest news, approvals and clinical trials you need to know about this month

Data: News
in Numbers

13,440 

The number of dual chamber implantable pulse generators that Medtronic recalled in the US due to a software error.

400% 

The number of medical devices recalled from the US in Q4 2018 jumped by more than 400%, according to regulated waste disposal and compliance company Stericycle.

2027 

Spending on durable medical equipment will reach $97.8 billion by 2027, according to CMS Office of the Actuary's annual report.

£8m

Boots’s Enterprise Zone in Nottingham, UK has been earmarked for a new £8m centre to bring new medical technologies to market.


$79m

Respiratory device developer Nuvaira has raised $79m in a new equity financing round to support its Lung Denervation System.

 Top Stories 

 Simulator to show how cataract surgery can improve vision

Scientists from the Spanish National Research Council have developed a wearable visual simulator, which allows patients to experience how their vision will improve after having cataract surgery.

The lightweight binocular visual simulator is autonomous and is worn like a helmet. It is the first device of its kind and has been designed to allow patients and surgeons to see the effects of an intraocular multifocal lens, which allows seeing at different distances, in a realistic way before the lens is implanted. The findings from the research were published in the journal Scientific Reports.

Source: Science Daily

 Electronic tool has potential to improve asthma care

A new electronic decision support tool for managing asthma has the potential to improve the quality of asthma care in primary care settings, as the result of a new study led by St. Michael's Hospital in Canada.

The research, published in the European Respiratory Journal, aimed to determine whether the Electronic Asthma Management System (eAMS) could help close existing gaps in asthma care. The system is a first-of-its-kind evidence-based computerised decision support tool.

Source: European Respiratory Journal

 Abbott, Novo Nordisk ink deal for digital diabetes tools

Abbott has inked a non-exclusive deal to integrate insulin dose data from Novo Nordisk‘s pre-filled and connected pens with its FreeStyle Libre mobile app and cloud-based system.

The companies touted that integrating the products will allow healthcare professionals, caregivers and users to easily view glucose and insulin data, as well as make more informed treatment decisions.

Source: Drug Delivery Business

 Medtronic receives FDA breakthrough designation for insulin device

Medtronic has received Breakthrough Device designation from the FDA for its Personalised Closed Loop insulin pump system, currently in development.

The technology is designed to automate insulin delivery in a way that is real-time, personalised and adapts to the user. The system will also provide insights and predictive diagnostics unique to the individual, with a goal of dramatically simplifying diabetes management for the patient.

Source: Compelo

Embracing Emerging Technologies 

 Eargo

Unlike other over-the-counter personal sound amplifiers, Eargo hearing aids are certified as Class 1 medical devices by the US FDA for the treatment of light to moderate hearing loss. A pair of hearing aids, which can be purchased from the company’s website, costs $1,450, or patients can opt for the more expensive Eargo Max or Eargo Neo models.

Eargo

 Lia

This flushable, biodegradable and compostable at-home pregnancy test is updating the staple design of the device for a more environmentally conscious generation of users. Made from the same natural plant fibres as toilet paper, Lia repels water long enough to take the test, then breaks down when flushed.

meetlia.com

 GNS REFS

US-based companyGNS Healthcare uses its powerful artificial intelligence platform to transform complex amounts of data, including clinical trials, claims, genetic and genomic and many others, to help match the right treatment to the right patient at the right time.

gnshealthcare.com/refs-platform/

 PentaVO 

PentaVO is a mobile-enabled portable cold laser therapy and data collection device based in Ontario, Canada. The device allows practitioners to automate and standardise the way that injury data is collected from patients. By tracking daily pain levels using the device, users can gain insights into injuries and speed up patient recovery times.

pentavo.com/medical.html

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