MedTech Round Up: Update On Products By Conformis, Medtronic, Orthofix, Neovasc

Monday, 10 May 2021, 19:35:35
The FDA has given 510(k) clearance for Conformis Inc's (NASDAQ: CFMS ) Identity Imprint Knee Replacement System, available in both cruciate-retaining (CR) and posterior stabilized (PS) versions. Identity Imprint utilizes a proprietary 3-dimensional “best-fit” algorithm to select the implant that most closely meets the geometric and anatomic requirements of the patient based on the patient's computed tomography scans. Price Action: CFMS shares are trading 6.95% higher at $0.90 during the market trading session on the last check Monday. Medtronic plc (NYSE: MDT ) has announced the U.S. commercial launch of the SonarMed airway monitoring system, a pediatric monitor to check endotracheal tube (ETT) obstruction … Full story available on Benzinga.com
— Benzinga

Covid: Sunder Pichai joins Global Task Force

Friday, 7 May 2021, 05:32:18
Three Indian-American CEOs Sunder Pichai from Google, Punit Renjen from Deloitte and Shantanu Narayen from Adobe have joined the steering committee of the Global Task Force on Pandemic Response, which is overseeing an unprecedented corporate sector initiative to help India successfully fight COVID19.The names of the three Indian-American CEOs were added to the list of the steering committee on Thursday.The three CEOs have been active in organising US companies' response to the COVID-19 crisis in India.Others who were added to the list on Thursday are Mark Suzman, CEO, Bill & Melinda Gates Foundation; Joshua Bolten, president and CEO, Business Roundtable and Suzanne Clark, president and CEO, US Chamber of Commerce.The task force is a newly formed public-private partnership organised by the US Chamber of Commerce and supported by Business Roundtable. It is working with the Chamber's US-India Business Council and the US-India Strategic Partnership Forum to take immediate actions to help address the COVID-19 surge in India.The US corporate sector so far has committed more than 25,000 oxygen concentrators for India.
— Economic Times India

American Spine Registry Expands Sponsors with Addition of Medtronic

Wednesday, 5 May 2021, 22:00:00
ROSEMONT, Ill. , May 5, 2021 /PRNewswire/ — The American Association of Neurological Surgeons (AANS) and the American Academy of Orthopaedic Surgeons (AAOS) announced that Medtronic, a global leader in medical technology, has become the latest industry sponsor of the American Spine Registry . Medtronic's sponsorship of the ASR builds upon its commitment to advancing the science of spine care and improving spine surgery outcomes with a shared goal of improving patient care. “The American Spine Registry is building momentum,” said Steven Glassman , MD, FAAOS, medical director at the Norton Leatherman Spine Centers and ASR Executive Committee co-chair. “By engaging the expertise and leadership of industry sponsors like Medtronic, we can enhance the scalability, sustainability, ease-of-use and relevance of national spine data collection.” Degenerative spine disease is one of the most prevalent and … Full story available on Benzinga.com
— Benzinga

US corporates sending aid; ventilators reach India

Wednesday, 5 May 2021, 20:01:57
Top US corporates have come together to supply much needed ventilators and oxygen concentrators to India. The first batch landed on Wednesday and supplies are expected to come in consistently over the next month. Some of the biggest industry names, including Accenture, Amazon, Apple, Deloitte, Mastercard, Walmart, IBM and Lockheed Martin have joined hands to bring in equipment.Led by the US Chambers of Commerce, the initiative will bring in at least 1,000 ventilators for ICU beds across India and will ship in over 25,000 concentrators that can be used to set up mobile healthcare units, specially in rural areas where access is limited.“The global taskforce for pandemic response was created to meet the urgent needs of the Indian Covid-19 crisis, in a structured manner to ensure that private sector resources and capabilities are leveraged for greatest impact. The ventilator initiative, where corporate contributions by 15 companies were matched with the production, end-to-end delivery, and installation capabilities of our partner, Medtronic will bring 1,000 ventilators to hospital ICUs across India,” US India Business Council president Nisha Biswal told ET.While some of the ventilators have arrived, the full consignment will be in place within the first week of June, with the timeline for concentrators set to arrive by the end of this month.
— Economic Times India

Amazon to donate 100 ICU ventilator units to India

Tuesday, 27 April 2021, 16:39:17
Amazon said it had zeroed in on Medtronic’s PB980, 100 units of which will be airlifted to India in the next two weeks
— Economic Times India