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BioWorld - Monday, June 29, 2026
Home » Topics » Medical technology

Medical technology
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Financings for April 18, 2024

April 18, 2024
Med-tech firms raising money in public or private financings, including: Sanara.
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Appointments and advancements for April 18, 2024

April 18, 2024
New hires and promotions in the med-tech industry, including: Avation, Deepull, Neogenomics, Sphere Fluidics.
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Laptop displaying FDA logo
MDMA Annual Meeting

FDA’s Shuren calls for an end to the debate over LDT accuracy

April 18, 2024
By Mark McCarty
While the U.S. FDA’s final rule for regulation of lab-developed tests (LDTs) has yet to emerge, there is some reason to expect the rule will be met with litigation from clinical lab associations. The FDA’s Jeff Shuren said in remarks to this year’s meeting of the Medical Device Manufacturers Association that there is a legitimate problem with the accuracy of many LDTs, adding that while stakeholders are at liberty to question the FDA’s rulemaking, the agency’s experience in this area indicates that the question of LDT reliability is not up for debate.
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Artificial intelligence and digital health icons
MDMA Annual Meeting

Cassidy sees risk of hurried US legislation for AI

April 18, 2024
By Mark McCarty
One of the problems with the European Union’s Artificial Intelligence Act is that it spans all sectors of the E.U. economy, an approach that Sen. Bill Cassidy (R-La.) suggested is less than optimal in remarks to this year’s meeting of the Medical Device Manufacturers Association. Nonetheless, Cassidy said some in the Senate are keen to pass legislation without taking proper stock of the lack of congressional expertise, which runs the risk that hasty legislation may create more problems than it solves.
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Financial line graph

Abbott raises midpoint of yearly guidance, still sees stock slip

April 18, 2024
By Holland Johnson
Despite the bullish outlook in its quarterly earnings call, which included raising the midpoint of its full-year guidance range, Abbott Laboratories stock slipped on its light second-quarter outlook.
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Bone marrow illustration with doctor background

Scopio wins FDA clearance for bone marrow aspirate application

April 18, 2024
By Shani Alexander
The U.S. FDA granted Scopio Labs Ltd. de novo clearance for its artificial intelligence (AI)-powered software which analyzes bone marrow. Scopio’s Full-Field Bone Marrow Aspirate (FF-BMA) system aims to improve patient care by standardizing bone marrow aspirate analysis and elevating diagnostic precision.
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Handshake, money, calculator, MA-letters

Bruker unties Nanostring bankruptcy knot with $393M winning bid

April 18, 2024
By Annette Boyle

Bruker Corp. shows no sign of slowing its buying binge, picking up Nanostring Technologies Inc. for $392.6 million in cash plus the assumption of certain liabilities in its seventh deal so far this year.

Nanostring entered bankruptcy in February and received a “stalking horse” bid of $220 million from private equity fund Patient Square Capital in March. Bruker won the competitive auction for Nanostring’s assets, besting the Patient Square bid by 78%. The deal is expected to close in early May.


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Alva Health
Patents

Alva Health issued patent for wearable stroke prediction system

April 17, 2024
By Simon Kerton
In what represents its first patenting, Alva Health Inc. has been granted protection for a method for detecting stroke from falls using a combination of wearable motion sensors and artificial intelligence.
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Regulatory actions for April 17, 2024

April 17, 2024
Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Scopio.
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Other news to note for April 17, 2024

April 17, 2024
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Braingaze, Hologic, Nico, Outset Medical, Regenemed, Sophia Genetics, Steris, Summus, Tris Pharma, Unilabs, Viz.ai.
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