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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Feb. 22, 2022

View Archived Issues
Cardiomems device with dime for scale

FDA expands Abbott’s Cardiomems system for class II heart failure patients

Abbott Laboratories’ Cardiomems heart failure (HF) system is open to a larger patient population following an expanded approval from the FDA. Abbott’s system had previously been approved for class III HF patients that had been hospitalized for HF in the past year. A new expanded indication enables the sensor to be utilized by class II (earlier stage) HF patients and those whose blood test show elevated levels of biomarkers known as natriuretic peptides. The FDA based the approval on findings from the GUIDE-HF trial, which suggested class II HF patients and patients with elevated natriuretic peptides had better outcomes when their therapy was guided by pulmonary pressure monitoring, with a 34% and 25% reduction in heart failure hospitalizations and emergency visits, respectively, based on study data adjusted for the impact of COVID-19. Read More
Man wearing Parasym device in ear

The beat goes on: Bioelectronics reduce heart failure symptoms, afib risk and tinnitus

Several recent studies highlight the rapidly expanding applications for neuromodulation using bioelectronic devices. A pair of articles in the Journal of the American Heart Association and Journal of the American College of Cardiology focused on the benefits to patients with heart failure and those at risk of post-operative atrial fibrillation, respectively. A study published in Brain Stimulation found that 85% of tinnitus patients experienced resolution of their symptoms when using a neuromodulation device. Read More
Regulatory-US-FDA-HQ.png

Lack of detail plagues FDA’s opening salvo in Part 820 rewrite

The U.S. FDA has at last published what is nominally a draft rule for harmonization of the Quality System Regulation (QSR) with an international standard, ISO 13485, but the draft rule is conspicuous for the absence of specifics. Read More
British pound symbol

Oxdx raises funds for pathogen identification technology

LONDON – Oxford University spinout Oxdx Ltd. has raised £2.6 million (US$3.6 million) in pre-seed funding to advance development of a technology for directly identifying infectious pathogens without the need to purify, culture or amplify samples first. The instant testing method uses a mixture of a single universal reagent, high resolution microscopy and machine learning, to identify specific species and strains of bacteria, viruses and other pathogens within minutes. Read More
International currency symbols

Med-tech financings down by 72%, but VC rounds still strong

Med-tech financings in 2022 appear to be off to a bumpy start. The total amount raised in the first six weeks of the year is at its lowest point in comparison with each of the previous three years. Nevertheless, venture capital rounds, showing no signs of slowing from 2021’s record year, are accounting for the bulk of the activity. Read More
asia-china-us-trade-war.png

CRS says Congress should engage White House on tariff exemptions for med tech

Tariffs applied to goods imported for China were imposed by the Trump administration as part of a larger effort to reset the U.S. trade deficit, but there were several exclusions for medical devices in the interest of maintaining access. Read More

Holiday notice

BioWorld's offices were closed in observance of Presidents Day in the U.S. No issue was published Monday, Feb. 21. Read More

Appointments and advancements for Feb. 22, 2022

New hires and promotions in the med-tech industry, including: Boundless Bio, Eyeyon Medical, Screenpoint Medical, Veracyte. Read More

Financings for Feb. 22, 2022

Med-tech firms raising money in public or private financings, including: Applied DNA Sciences, Automata, Meihua International, Neuronetics, Semarion. Read More

In the clinic for Feb. 22, 2022

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Adaptive Biotechnologies, Neruomod Devices. Read More

Other news to note for Feb. 22, 2022

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Alpha Tau Medical, Alice, Bio-Techne, Brainlab, Cerveau Technologies, Delcath, FX Shoulder, FX Solutions, Infusystem, Labcorp, Medac, Microvention, Nihon Medi-Physics, Personal Genome Diagnostics, Safe Orthopaedics, Signifier Medical, Solo-Dex, Terumo, Thermo Fisher Scientific, Tytocare. Read More

Regulatory actions for Feb. 22, 2022

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Abbott, Foundation Medicine, Gramercy Extremity Orthopedics, Lumiradx, Olympus, Precisis. Read More

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