It was a standout quarter for San Diego-based Resmed Inc., which saw revenues jump to $681.1 million, with the U.S., Canada and Latin America serving as bright spots. "We have started fiscal year 2020 right where we left off with 2019," Michael Farrell, Resmed's CEO, said during a call on the results. "Our team achieved another quarter of the balanced growth across the portfolio, driven by continued strong performance in the mask category." Read More
Garwood Medical Devices LLC's biofilm disruption device, Bioprax, has received breakthrough device designation from the U.S. FDA. Bioprax turns metal implants into electrodes and uses low-voltage electricity to eliminate the bacteria associated with biofilm infections. Read More
The U.S. Patent and Trademark Office's (PTO) January guidance is credited with improving the patent examination process, but case law still rules the world outside the halls of the agency, a fact that suggests life science applicants draft their claims with an eye toward both the courts and the PTO. Read More
BEIJING – China-based Shanghai Kindly Medical Instruments Co. Ltd. passed the listing hearing for the Hong Kong Stock Exchange (HKEX) this week, after submitting its application on June 10. The move means the med-tech firm is one step closer to going public on the main board. Read More
Two very different roles were reported for the protein REST last week. In adults, REST activation appeared to extend lifespan by reducing overall brain activity. Principal investigator Bruce Yankner, professor of genetics at Harvard Medical School and co-director of the Paul F. Glenn Center for the Biology of Aging, told BioWorld MedTech that in postmortem brain samples of individuals who had had no cognitive impairments at the time of their death, his team found "a correlation between down-regulation of excitation and extended longevity." Read More
