Month: September 2024

Vertex Pharma CEO Discusses Future Innovations: Pain Medications, Cell Therapies, and Beyond Cystic Fibrosis

Vertex Pharma CEO Discusses Future Innovations: Pain Medications, Cell Therapies, and Beyond Cystic Fibrosis

Vertex Pharmaceuticals, which transformed the treatment landscape for cystic fibrosis (CF) by creating medicines that now cover 90% of CF patients, is advancing its mission under the leadership of CEO Reshma Kewalramani. Initially, Vertex developed a drug catering to a mere 4% of CF patients; however, their extensive portfolio now encompasses multiple blockbuster drugs and […]

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4 Strategies to Reduce Risks Posed by Legacy Medical Devices

4 Strategies to Reduce Risks Posed by Legacy Medical Devices

The Food and Drug Administration (FDA) has recently implemented comprehensive regulations aimed at enhancing the cybersecurity of medical devices, amidst ongoing cyber threats targeting hospitals. Despite these efforts, a significant challenge persists with legacy medical devices that use outdated software, creating vulnerabilities within hospital networks. These devices, although not usually the direct targets of cyberattacks, […]

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Route 92 Medical Secures $50M in Funding to Expand Global Sales of Stroke Devices

Route 92 Medical Secures $50M in Funding to Expand Global Sales of Stroke Devices

Route 92 Medical, a company specializing in neurovascular intervention products, has recently secured an additional $50 million investment. This latest funding boost is part of an extended November financing round that has brought the company’s total capital raised to $82 million. The funds are earmarked for the global commercialization of their products and to aid […]

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Real-World Data Supports Biohaven Drug, Facilitating FDA Submission for Untreated Neurological Condition

Real-World Data Supports Biohaven Drug, Facilitating FDA Submission for Untreated Neurological Condition

Biohaven has been persevering with the development of troriluzole, a drug aimed at treating the rare neurodegenerative disorder spinocerebellar ataxia (SCA), despite a series of clinical trials and regulatory setbacks. This persistence seems poised to pay off as the company approaches a new drug application, leveraging a novel approach using real-world data to satisfy regulatory […]

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FDA releases draft guidelines for biocompatibility testing of devices

FDA releases draft guidelines for biocompatibility testing of devices

The Food and Drug Administration (FDA) has released a new draft guidance aimed at improving the biocompatibility assessments of medical devices. This guidance was published in response to consistent inadequacies the FDA has observed within premarket submissions, which seem to stem from lab-to-lab variability in analytical chemistry methods. This inconsistency in report outcomes has prompted […]

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Stryker Acquires Nico, Expands Portfolio with Devices to Remove Brain Tumors and Clots

Stryker Acquires Nico, Expands Portfolio with Devices to Remove Brain Tumors and Clots

Stryker Corporation has enhanced its portfolio by acquiring Nico Corporation, marking its fourth takeover in recent months. This acquisition brings into Stryker’s fold Nico’s advanced minimally invasive solutions geared toward brain tumor removal and stroke care. Nico has developed an array of devices designed for navigating and visualizing the brain, excising tumors and clots, and […]

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AI-Created Drug Shows Promising Results in Lung Disease Treatment, Though Competitors Lead

AI-Created Drug Shows Promising Results in Lung Disease Treatment, Though Competitors Lead

Insilico Medicine, a company that leverages artificial intelligence (AI) technology for drug discovery, has developed a drug candidate named ISM001-055 aimed at treating idiopathic pulmonary fibrosis (IPF), a chronic lung disorder that causes irreversible scarring and declines in lung function. The disease, affecting around 5 million people worldwide, primarily older adults, sees a median survival […]

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