Industry News

We found the following news articles worth reading …

4 medtech companies to watch this week in earnings - GE HealthCare is among the top medtech companies posting financial results in the third week of this earnings season.

As COVID sales crater, Pfizer takes $5.6B in inventory write-offs on Paxlovid, Comirnaty - For Pfizer, several years of pandemic megaprofits have soured as overstocked COVID-19 drugs and vaccines take a major toll on the drug behemoth’s financials.

UK Government Invest £100m In AI for Life Science - A new mission announced by Rishi Sunak will accelerate the use of AI in life sciences to tackle the biggest health challenges of our generation.

AI and Digital Tools Will Ease the Skills Gap, Just Not the Way You Think - This Q&A with experts from consulting firm Deloitte discusses how manufacturers can use AI and digital transformation tools to create a connected workplace culture and ease the labor strain on manufacturers.

UK MHRA unveils new regulatory sandbox for testing AI - The UK’s Medicines and Healthcare products Regulatory Agency (MHRA) has announced what it describes as a ‘regulatory sandbox’ where artificial intelligence products are set to be tested.

LinkedIn Launches New AI Summary Tools, Reaches 1B Members - LinkedIn has announced that it’s now reached a new milestone of 1 billion total members.

AI surgical training device in development by UK Robotarium - The artificial intelligence driven training device, developed in collaboration with the University of Dundee, aims to improve surgical training in keyhole and laparoscopic procedures.

Google Launches New Domain Extension for More Unique URLs - The new domain extension is .ing, which will enable you to construct various adverb-inspired URLs for your business.

J&J targets 2024 for Ottava FDA filing - The company expects to file a submission for an investigational device exemption in the second half of 2024 that will allow it to begin clinical trials for the robotic surgery system.

5 companies to watch as medtech earnings wind down -

Siemens Healthineers to lay off 300 workers, move some manufacturing to Ireland - The moves are part of a larger restructuring plan as its diagnostics business faces economic challenges.

J&J MedTech aims to put Ottava surgical robot up for US clinical trials in late 2024 - Johnson & Johnson MedTech has given itself a new deadline for the development of its long-awaited entrant into the globally competitive robotic surgery market.

Rapid Injection Molding: 5 Things Engineers Need to Know - Understanding the differences between traditional tooling and rapid injection molds helps ensure better parts.

Major Advertisers Pull Out of X, Which Could Spark a Bigger Shift Away From the App -

Medtronic receives FDA approval for renal denervation device -

AR and VR in PLM Will Become Essential in 2024 -

Leeds NHS and Johnson & Johnson MedTech develop new partnership -

Engineered bacteria may be the key to EV battery recycling -

Roundup: Top medtech companies cut jobs in 2023 - Johnson & Johnson, Medtronic and Abbott were among the top companies to announce layoffs this year as the industry implemented cost-cutting measures.

Medtronic wins pulsed field ablation CE mark, teeing up 2-front challenge to Boston Scientific - Medtronic received the mark for its single-shot PFA device, clearing the company to expand its portfolio of European atrial fibrillation devices.

Roche grows hepatitis diagnostics roster with new immunoassays -