Diagnostics & Healthcare News
India to Put Price Caps on Medical Devices
NEW DELHI: A draft national medical devices policy that could bring most medical devices within the ambit of price regulation while also outlining measures to boost local manufacturing of devices has been circulated by the Centre. The proposal, which comes soon after a draft national pharma policy, marks continued government activism to reduce costs of medical care…
Read MoreTax Could Ensnare Medical Device Industry
When a 2.3% excise tax on all medical devices sold in the United States went into effect in 2013, Checkpoint Surgical was just getting started with its intra-operative nerve stimulators, used to locate and assess nerves during surgery. For a company that was at the time not yet profitable and still dependent on investor revenue,…
Read MoreGlobal Medical Device Technology Market Anticipated to Grow Steadily at a CAGR of 4.6% During 2017 to 2025
Albany, NY — (SBWIRE) — 08/17/2017 — It is well recognized that advancements in medical device technology have allowed physicians to better diagnose and treat their patients, saving countless lives and continuous improvement in the quality of life. In the recent years, there has been a positive growth acquired in the medical industry, which also…
Read MoreWearable Device Tricks Brain into Burning Fat
The Modius Headset has been developed by Neurovalens, a neurotechnology company that claim its device can help end the obesity epidemic. The company was founded by British doctors and neuroscientists Paul McGeoch and Jason McKeown, at the University of California San Diego. They claim that because the brain is linked to weight gain and loss,…
Read MorehiQ Labs Granted Access to LinkedIn Public Information by Federal Judge
A U.S. federal judge on Monday ruled that Microsoft’s LinkedIn unit cannot prevent a startup from accessing public profile data, in a test of how much control a social media site can wield over information its users have deemed to be public. U.S. District Judge Edward Chen in San Francisco granted a preliminary injunction request…
Read MoreMissing Skull Bone Replaced with 3D Printing
Only a decade ago, the idea of printing parts of the human body through 3D printing was still in the realm of science fiction, according to Dr. Gaurav Gupta, MD, Assistant professor of neurosurgery at Rutgers Robert Wood Johnson Medical School and Director, Cerebrovascular and Endovascular Neurosurgery, at Robert Wood Johnson Medical School and Robert…
Read MoreFresenius Set to Acquire NxStage Medical for $2B
Fresenius Medical Care, the world’s largest provider of dialysis products and services, has signed an agreement to acquire NxStage Medical, Inc., (NxStage) (Nasdaq: NXTM) a U.S.-based medical technology and services company. NxStage, which just like Fresenius Medical Care North America, has its headquarters in the Boston, Massachusetts area, was founded in 1998 and has approximately…
Read MoreHearing Implants to Stream Music from App
NEW YORK (CNNMoney) — People with hearing implants will soon be able to stream music and take phone calls wirelessly from Apple devices. Apple is teaming up with medical device maker Cochlear Limited to develop the first-ever cochlear implant sound processor that allows users to stream sound right from their iPhone, iPad and iPod touch.…
Read MoreWhat do you think? Tech Company Inserts Microchips in Employees
It sounds like the start of a dystopian novel. A company called Three Square Market inserts microchips in the hands of its employees, right between the thumb and pointer finger. Being part machine does not hurt much, Tony Danna, vice president of international development at the company assured us. “It stings you when it goes…
Read MoreFDA Exempts Over 1000 Medical Devices from 510(k) Requirement
The 21st Century Cures Act paved the way for deregulation of a host of medical devices ranging from surgical lights to dentures. FDA announced this week a list of more than 1,000 medical devices that will now be exempt from 510(k) notification requirements — a move that aims to help speed up the process of bringing new medical…
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