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BioWorld - Tuesday, April 14, 2026
Home » Topics » Medical technology

Medical technology
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Purple-tinted test tubes and dropper

South Korea ups 2025 health agency budget, biomedical R&D funds

Jan. 7, 2025
By Marian (YoonJee) Chu
South Korea’s government continued to ramp up investment in its pharmaceutical and med-tech sector in 2025, including a 7.2% hike for the Ministry of Health and Welfare’s budget and a near 15% increase in funding to research and develop innovative biotechnologies.
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Illustration of deployed Clottriever

Stryker strikes early in 2025 with nearly $5B deal for Inari

Jan. 7, 2025
By Annette Boyle
With more than 60 acquisitions completed in the last decade, Stryker Corp. shows little fear in committing to offers that allow it to obtain the companies and technologies that have driven its impressive growth in stock price – up from $92 in Jan. 2015 to $356.70 in Jan. 2025. Still, the definitive agreement to buy Inari Medical Inc. for $4.9 billion comes in at the upper range, along with the $4 billion acquisition of Wright Medical Group NV in 2020 ($5.4 billion with debt included), $3 billion for Vocera Communications in 2022, and $2.8 billion for Sage Products in 2016.
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Appointments and advancements for January 7, 2025

Jan. 7, 2025
New hires and promotions in the med-tech industry, including: Anaconda Biomed, Clarimed, Echolight, Endologix, Mannkind, Renovaro, Simpson Interventions.
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Financings for January 7, 2025

Jan. 7, 2025
Med-tech firms raising money in public or private financings, including: Bionano Genomics, Deciphex, FIRE1.
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In the clinic for January 7, 2025

Jan. 7, 2025
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Biodesix, Bonesupport.
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Other news to note for January 7, 2025

Jan. 7, 2025
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Actigraph, Beta Bionics, Biofourmis, Bio-Techne, Bristol Myers Squibb, Canyon Labs, Clearnote Health, Diality, Erisyon, Eyenovia, Guardant, Iuvo Bioscience, Kuros, Medidata, Medtronic, Micron Medical, Miltenyi Biotec, Myriad, Ovation.io, Oncocyte, QPS, Ryght AI, Simpson Interventions, Target RWE.
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3D rendering of heart, mitral valve

Medtronic receives CE mark for heart valve replacement system

Jan. 7, 2025
By Shani Alexander
Medtronic plc received CE mark approval for its Harmony transcatheter pulmonary valve system to treat congenital heart disease patients with native or surgically repaired right ventricular outflow tract pulmonary regurgitation.
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CMS logo and website

Congressional disinterest in CMS appropriations likely to persist

Jan. 7, 2025
By Mark McCarty
The discussion about taxpayer appropriations for CMS has been ongoing for decades, leading to futile speculation regarding user fees for the agency. Louis Jacques, who formerly worked at CMS, told BioWorld that Congress tends to be somewhat reactive when it comes to appropriations for CMS – a dynamic which suggests that appropriations for CMS are not likely to improve significantly in the near term.
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Masimo MightySat pulse ox

FDA forcing industry’s hand on pulse-ox sensitivity to pigmentation

Jan. 7, 2025
By Mark McCarty
The question of how skin pigmentation affects the performance of pulse oximeters has drawn the U.S. FDA’s close attention for several years, and the agency issued a draft guidance to address these questions. The draft guidance recommends that new and existing devices be evaluated to establish performance across different pigmentations, a development that would address concerns among clinicians and patients alike.
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Regulatory actions for January 7, 2025

Jan. 7, 2025
Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Accurkardia, Aiosyn, Eyebright, Orasure, Pacira, Simpson.
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