Medtech outsourcer innovations you need to know

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The medical device industry is seeing all kinds of innovations, but people often overlook the myriad medtech outsourcer technologies making innovation possible.

From tiny sensors, magnets and cameras to materials and adhesives that get the job done, contract manufacturers and other suppliers are supporting the medical device industry in myriad ways. They’re enabling everything from connected medical devices going into homes to improved implantable devices — and so much more.

Many medtech outsourcer innovations were on display this month at MD&M West in Anaheim, Calif.; it’s one of the largest medical device manufacturing events in the world. Read on to discover some technologies that especially got our attention.

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Managing editor Chris Newmarker contributed to this story.

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11 innovative medical devices you need to know from 2018

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Call it digital health or mHealth or simply what it is — innovation. Last year we saw a lot of innovative wireless devices for diagnostics and treatment as research and development flourished.

Many researchers have taken up the challenge of developing devices that are portable, small and convenient with ease-of-use that could revolutionize point-of-care diagnostics .

From a defibrillator for stroke to a smartphone app that can detect infectious diseases, here are 11 innovative medical devices that got our attention in 2018.

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Owens & Minor inks distribution deal with Scripps Health

Owens-MinorOwens & Minor (Mechanicsville, Va.) has signed a five-year medical and surgical supply distribution agreement with Scripps Health. The financial details of the deal were not disclosed.

Scripps Health is a California-based healthcare system that treats more than 750,000 patients annually. Under the agreement, Owens & Minor will serve Scripps Health’s five acute-care hospital campuses and the non-acute care, outpatient centers and clinics in Southern California.

Get the full story on our sister site, Medical Design & Outsourcing.

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10 MD&M West exhibitors you need to know

MDM-West-2019More than 20,000 engineers and executives are expected to gather and network for the annual MD&M West – one of the largest annual medical device manufacturing events.

MD&M West takes place at the Anaheim Convention Center in Anaheim, Calif., Feb. 5–7, and houses an array of industry suppliers showcasing their latest technologies and manufacturing advancements. Think medical device packaging, silicones, ultrasonic assembly and much more.

Here are some of the companies touting medical device manufacturing technologies at this year’s MD&M West.

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6 exhibitors at DeviceTalks West you should know

DeviceTalks-West-2018DeviceTalks West is an annual event that allows some of the best minds in medtech to exchange ideas, insights and technologies.

Medical Design & Outsourcing’s parent company WTWH Media holds DeviceTalks annually in Boston, Orange County, Calif., and the Twin Cities in Minnesota. It is hosted by MassDevice and attendees can plan to enjoy networking with people in medtech, in-depth interviews with leaders in the industry, panel discussions about medical devices and more.

The event also houses a number of exhibitors who will be showcasing some of their hot technologies and services at the event. Here are six exhibitors at DeviceTalks West this year that you should check out.

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NIH invests over $220M in BRAIN initiative

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The National Institutes of Health announced today that it is funding more than 200 new awards, totaling over $220 million in investments, through the Brain Research through Advancing Innovative Neurotechnologies (BRAIN) Initiative.

Some of the new awards include the creation of a wireless optical tomography cap for scanning human brain activity; a noninvasive brain-computer interface system for improving the lives of paralysis patients; testing noninvasive brain stimulation devices to treat schizophrenia, attention deficit disorder and other brain diseases.

Get the full story on our sister site, Medical Design & Outsourcing.

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The top 10 medical disruptors of 2019

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The Cleveland Clinic for the past 16 years has predicted what the top 10 medical disruptors will be for the following year.

The health provider seeks input from 150 to 200 of its physicians, hailing from each of its institutes. The result is 300 to 400 suggestions, which the clinic then narrows down to 150.

After that, 20 physicians meet and vote the list down to the top 10. The criteria to be considered a disruptor is that it has to be so innovative that it could change healthcare in a significant way in the next year.

The Cleveland Clinic announced this year’s top 10 list at its Cleveland Clinic Medical Innovation Summit, which took place Oct. 22-24 in Cleveland. From RNA-based therapies to alternative pain therapy to fight the opioid crisis, here are the Cleveland Clinic’s predictions of medical technologies that will prove disruptive in 2019.

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5 medtech stories we missed this week: July 6, 2018

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From Zetta getting FDA clearance to Prescient Medical receiving CE Mark approval, here are five medtech stories we missed this week but thought were still worth mentioning.

1. Zetta wins FDA clearance for Zoom MRI software

Zetta announced in a June 25 press release that its MRI software has received FDA 510(k) clearance. The software, known as Zoom, features an algorithm for image quality enhancement and image optimization of short scanning techniques. It works with all MRI models from all major manufacturers, according to the company. Zoom’s algorithm was designed to help MRI imaging departments automatically process MRI imaging techniques.

2. MIM Software, Spectrum Dynamics Medical ink software deal for Veriton scanner

MIM Software and Spectrum Dynamics Medical have partnered to provide MIM-SD advanced visualization and quantitative processing software for the Veriton, according to a June 24 press release. Veriton is a 12 detector CZT multi-organ scanner that has unparalleled sensitivity, image quality and diagnostic accuracy. The detectors are configured for each organ and offers high resolution, lower dose and shorter acquisition times.

3. LumiThera wins CE Mark for LT-300 device for macular degeneration

LumiThera announced in a June 21 press release that it has received CE Mark for its LT-300 device that treats dry advanced macular degeneration. The device is a light delivery system. The CE Mark approval allows the company to commercialize the device in Europe.

4. RTI Surgical launches Fortilink IBF systems

RTI Surgical has launched its Fortilink-TS and -L IBF Systems, according to a June 12 press release. The systems are designed to be used in lumbar interbody fusion procedures at one or two adjoining levels in patients who have degenerative disc disease. Both systems feature the company’s TetraFuse 3D technology that is a 3D printed polymer-based interbody fusion device that uses a nano-rough surface to create more notable trabecular bone ingrowth.

5. Prescient Medical wins CE Mark for CleanCision

Prescient Surgical announced in a June 12 press release that it has received CE Mark approval for its CleanCision system. CleanCision fights and defends against surgical site infection sources. The approval allows for the commercialization of the system throughout Europe. In addition to the CE Mark approval, Prescient Surgical also received ISO 134385:2016 certification for its quality management system.

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Venture investing in medtech and digital health: What the entrepreneurs see

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Medtech entrepreneurs at the Series A level agree that the funding environment remains challenging. 

Bill Evans

Entrepreneurs at the Series A funding level tend to report that their part of the funding lifecycle remains very challenging, as has been for the last decade. They also report that many A Round investors are angels, often knowledgeable of the sector such as medtech executives, and physicians and surgeons active in the startup’s area.

The is article No. 2 in a three-part series about medtech investing trends:

  • Part 1 looks at what is driving the underlying trends.
  • Part 2, the present article, looks at these trends from the entrepreneur’s perspective.
  • Part 3, coming soon, gives advice from the trenches, to guide entrepreneurs looking to tune up their business plans to be in the best position when Series A comes around.

Get the full story on our sister site, Medical Design & Outsourcing.

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8 Alzheimer’s disease breakthroughs you need to know

 

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Alzheimer’s is a form of dementia that can cause problems with memory, thinking and behavior, according to the Alzheimer’s Association. It is the most common form of dementia that gets worse over time. Nearly 6 million Americans presently live with Alzheimer’s— and there’s no cure for it.

The disease is caused by protein buildups called plaques and tangles that occur in the brain and kill nerve cells. Our brains have 100 billion nerve cells that connect parts of the brain to form communication networks. When those communication lines are interrupted, it can cause a breakdown in some parts of the brain.

An incorrect diagnosis can be dangerous as certain medications can cause neuroleptic sensitivity, irreversible parkinsonism or neuroleptic malignant syndrome.

In honor of Alzheimer’s & Brain Awareness Month, here are 8 Alzheimer’s breakthroughs you need to know.

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