Tag: health tech

Science Corporation, a California-based biotechnology firm specializing in brain-computer interface (BCI) technology, has announced a significant milestone in its mission to restore vision to the blind. Following the successful completion of a clinical trial for its Prima retinal implant, the company has raised approximately $490 million in total funding since its inception in 2021. This…

Zimmer Biomet, a global leader in medical technology and musculoskeletal healthcare, presented significant new clinical data during the American Academy of Orthopaedic Surgeons (AAOS) annual conference this week, demonstrating that its Persona IQ smart knee implant is associated with superior patient outcomes compared to traditional knee replacements. The findings, derived from a comprehensive analysis of…

The procedural gridlock that has long stalled the return of billions of dollars in tariff payments to U.S. importers has finally begun to ease following a high-stakes directive from the Court of International Trade (CIT). Senior Judge Richard Eaton issued an order on Wednesday mandating that U.S. Customs and Border Protection (CBP) proceed with the…

The 2026 American Academy of Orthopaedic Surgeons (AAOS) Annual Meeting served as the backdrop for Stryker to unveil its latest strategic advancements in surgical robotics and implant technology, marking a pivotal moment in the company’s decade-long effort to digitize the operating room. Central to the presentation was the Mako RPS, a handheld surgical robot designed…

Vicarious Surgical, a Waltham, Massachusetts-based medical technology company, is currently undergoing a significant strategic transformation designed to stabilize its financial position and streamline the path toward the commercialization of its proprietary robotic surgical system. Following a period of market volatility and shifting development timelines, the company has implemented a rigorous cost-reduction strategy, overhauled its executive…

The medical technology landscape reached a significant milestone this week as Boston Scientific announced that it has received expanded CE Mark labeling for its Farapulse Pulsed Field Ablation (PFA) system, now authorized for the treatment of patients with persistent atrial fibrillation (AFib) across Europe. This regulatory advancement follows a similar expansion granted by the U.S.…

The U.S. Food and Drug Administration (FDA) has designated a recent software recall involving Fresenius Kabi’s Ivenix Large Volume Pump (LVP) as Class I, the agency’s most severe classification. This designation indicates that the use of the affected devices carries a reasonable probability of causing serious adverse health consequences or death. The recall, which was…

Intuitive Surgical, the global pioneer in robotic-assisted surgery, announced on Monday that it has officially transitioned to a direct-to-customer business model across several key Mediterranean markets by completing the acquisition of the distribution businesses of its long-term partners, including ab medica, Abex, and Excelencia Robótica. This strategic consolidation, which involves an upfront cash payment of…

The United States Food and Drug Administration (FDA) has issued a formal warning letter to Unomedical, a prominent subsidiary of the global medical products company Convatec, following a series of inspections that revealed significant deficiencies in the manufacturer’s quality control, complaint handling, and adverse event reporting. Unomedical serves as a critical link in the global…

MiniMed Group Inc. has officially initiated its transition into an independent, publicly traded entity following a comprehensive prospectus filing with the Securities and Exchange Commission (SEC) on Tuesday. This move marks a pivotal moment for Medtronic, the global medical technology leader, as it prepares to spin off its diabetes business unit into a standalone company.…