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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Nov. 3, 2021

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Stakeholders jeer Medicare physician fee final for 2022, but telehealth scores a win

The U.S. CMS waded into controversy with two final rules calendar year 2022, drawing fire from device makers and doctors who allege that cuts in rates for physicians will hamper beneficiary access. Software developers working in the telehealth space will find much to cheer, however, given that some telehealth services that were covered during the COVID-19 pandemic will be covered after the pandemic has passed. Read More
Image showing Horizon 3.0 platform

FDA grants clearance for Magstim TMS platform Horizon 3.0

The FDA has granted Magstim Co. Ltd. 510(k) clearance for its transcranial magnetic stimulation (TMS) platform Horizon 3.0. TMS is a series of repetitive, focused magnetic pulses, used to stimulate brain cells. The noninvasive therapy has been touted as a cost-effective treatment for depression and is typically prescribed when antidepressants have failed, or the side effects are too disruptive to a patient’s lifestyle. Read More
Image of smarphone showing Allara app

Allara sees huge demand for PCOS diagnostic with 10,000 women on waitlist

Allara Health Inc. officially launched its diagnostic test for polycystic ovary syndrome (PCOS) this week, but word of mouth has already established a waitlist of more than 10,000 women. The diagnostic tool evaluates a full panel of hormonal and metabolic markers, which are used with patient-reported symptoms, to diagnose the increasingly common condition. Read More
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Jubliee Biotech prepares smartwatch platform Jubiwatch for FDA clearance

Jubliee Biotech Co. Ltd. is hoping to get FDA clearance with Jubiwatch, its smartwatch and medication management platform. “We aim to obtain FDA pre-submission between April and June 2022, and hopefully hit the U.S. market at the end of 2023,” Sung Kyoung Lee, CEO at Jubliee Biotech, told BioWorld. Read More
business-performance-pipeline.png

Trillium lab gets C$1M to close gap between high performing algorithms and patient outcomes

TORONTO – Trillium Health Partners has received a C$1 million (US$810,000) grant from TD Bank Group to help accelerate the use of artificial intelligence (AI) at a newly developed health care lab. The AI Deployment and Evaluation (AIDE) lab will determine if machine learning models developed by industry and academia work well outside the data sets upon which they were trained. Read More

Appointments and advancements for Nov. 3, 2021

New hires and promotions in the med-tech industry, including: Exo Therapeutics, Setpoint Medical, Virtamed. Read More

Financings for Nov. 3, 2021

Med-tech firms raising money in public or private financings, including: Braincheck, Illumigyn, Raydiant Oximetry. Read More

In the clinic for Nov. 3, 2021

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Activ Surgical, Natera, Sera Prognostics. Read More

Other news to note for Nov. 3, 2021

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Aditxt, Betternight, Clario, Cytek Biosciences, Exact Sciences, Heartflow, Innovia, Molex, Nanostring Technologies, Peerbridge Health, Phillips-Medize, Sleep Data Services. Read More

Regulatory actions for Nov. 3, 2021

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Insightec, Lumos Diagnostics, Mim Software. Read More

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