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Health Care Equipment and Supplies Health Care Equipment

  • The Food and Drug Administration said it approved Bavencio, known chemically as avelumab, to treat metastatic Merkel cell carcinoma in patients 12 years and older. Richard Pazdur, director of the FDA's Oncology Center of Excellence, said in a statement. About 1,600 people in the United States are diagnosed with MCC every year, according to the National Cancer...

  • NEW YORK, March 16- U.S. stocks slipped on Thursday pressured by healthcare shares as traders cashed in gains from one of the best performing sectors so far this year. Proposals in President Donald Trump's budget signaled higher regulatory costs for the sector and a cut in federal funding for medical research. Biogen weighed down the S&P 500, falling 4.7 percent...

  • TRUMP BUDGET PROPOSES TO MORE THAN DOUBLE FEES FOR COMPANIES SEEKING FDA REVIEW OF DRUGS AND MEDICAL DEVICES.

  • NEW YORK, March 13- Investors are seeking shelter in shares of U.S. medical device and supply companies, encouraged by their solid growth prospects and wary that U.S. "They are putting up good numbers from a growth perspective and they seem like they're in a little cocoon from the political drug pricing debate," said Walter Todd, chief investment officer of...

  • WASHINGTON, March 10- The White House is expected as early as Friday to nominate Dr. Scott Gottlieb, a physician and conservative health policy expert, to lead the U.S. Food and Drug Administration, sources familiar with the matter said. If confirmed by the Senate, Gottlieb would be in charge of implementing President Donald Trump's plan to dramatically cut...

  • LONDON, Feb 24- A small study in 16 people with severe anorexia has found that implanting stimulation electrodes into the brains of patients could ease their anxiety and help them gain weight. Researchers found that in extreme cases of the eating disorder, the technique- known as deep brain stimulation- swiftly helped many of those studied reduce symptoms of...

  • The TAVR market in which Edwards Lifesciences Corp is considered the leader could potentially exceed $5 billion by 2021, and grow 10 percent to 15 percent for the foreseeable future, Leerink analysts said in a note. The Marlborough, Massachusetts- based company had suspended implants of its next-generation Lotus Edge device in Europe last October over...

  • Boston Scientific had suspended implants of its next-generation Lotus Edge device in Europe last October over similar concerns, but last month said it had found a fix for the issue. The company has pushed the submission of its marketing application for the device in the United States to the fourth quarter, and expects to launch it in mid-2018.

  • Feb 23- Boston Scientific Corp said on Thursday it was recalling its Lotus Valve heart devices, citing reports of problems with the locking mechanism, sending its shares down 8 percent in premarket trading. Boston Scientific had suspended implants of another valve system, Lotus Edge, in Europe last October over similar concerns. The company said it continues to...

  • Feb 21- The U.S. Supreme Court on Tuesday turned away an appeal by Boston Scientific Corp of a Maryland state court jury verdict ordering the medical device company to pay $308 million to a patent licensor for breach of contract concerning implantable cardiac devices. Boston Scientific had asked the justices to hear its appeal in the dispute over its licenses...

  • Feb 21- The U.S. Supreme Court on Tuesday turned away an appeal by Boston Scientific Corp of a Maryland state court jury verdict ordering the medical device company to pay $308 million to a patent licensor for breach of contract concerning implantable cardiac devices.

  • A man walks out of the Univista Insurance company office after shopping for a health plan under the Affordable Care Act, on December 15, 2015, in Miami.

    Former Aetna CEO Ron Williams weighs in on what changes could be ahead for the Affordable Care Act and consumers.

  • Peloton Cycle.

    To expand its brand and products, Peloton is installing its first president.

  • What happens during atrial fibrillation

    As many as 6 million Americans have atrial fibrillation, the most common form of cardiac arrhythmia. It’s caused when the electrical signaling that keeps our hearts beating becomes erratic, and, in its most serious forms, can lead to stroke or heart failure.

  • AMSTERDAM, Jan 24- Medical equipment maker Philips missed forecasts for fourth-quarter earnings on Tuesday and disclosed a dispute with the U.S. Justice Department over heart defibrillators it had sold until 2016, but said the matter would not alter its medium term outlook. Van Houten said Philips' defibrillator business would be "impacted" but the scope was...

  • Bloomlife

    Bloomlife has developed a sensor to help eliminate anxiety for pregnant women in their third trimester.

  • WASHINGTON, Jan 18- Texas- based medical device company Orthofix International NV has admitted wrongdoing and agreed to pay more than $14 million to settle charges that it improperly booked revenue and paid off doctors in Brazil to boost sales, U.S. regulators said on Wednesday. The Securities and Exchange Commission said in a statement that Orthofix...

  • Jan 9- Abbott Laboratories moved to protect patients with its St. Jude heart implants against possible cyber attacks, releasing a software patch on Monday that the firm said will reduce the "extremely low" chance of them being hacked. The patch that Abbott began pushing out to patients on Monday addresses vulnerabilities that present the greatest risk to...

  • The FDA confirmed claims that cyber "vulnerabilities" could allow a hacker to remotely access St. Doctors and patients have been waiting for action from the FDA and St. Jude since August when short-selling firm Muddy Waters and cyber security firm MedSec Holdings claimed the implanted heart devices were riddled with potentially lethal security bugs.

  • Jan 9- Abbott Laboratories said on Monday it has begun releasing cyber security updates for its St. Abbott announced the updates as the U.S. Food and Drug Administration issued a Safety Communication advising patients and physicians to keep using the company's implanted cardiac devices following the updates. "The FDA conducted an assessment of the benefits...