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Abbott and Medtronic Collaborate on Diabetes Technology

Abbott and Medtronic Collaborate on Diabetes Technology

Abbott and Medtronic have announced a strategic partnership to develop an integrated continuous glucose monitor (CGM) tailored specifically to work in concert with Medtronic’s advanced diabetes management technologies. This collaboration marks a progressive step for both companies; Abbott will design glucose sensors that are compatible exclusively with Medtronic’s lineup of insulin pumps, pens, and automated […]

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FDA’s New Metabolic Diseases Committee Tentatively Approves Drug for Ultra-Rare Disease | Exclusive Article from FDA Today

FDA’s New Metabolic Diseases Committee Tentatively Approves Drug for Ultra-Rare Disease | Exclusive Article from FDA Today

In the initial meeting of the FDA’s Genetic Metabolic Diseases Advisory Committee, discussions focused on a drug called arimoclomol, developed by Zevra, intended to treat the ultra-rare lysosomal storage disorder known as Niemann-Pick Type C. This session marked Zevra’s second attempt to gain approval for the drug after previous efforts had fallen short. The committee […]

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Smiths Medical Issues Recall for Infusion Pumps Due to Software Problems

Smiths Medical Issues Recall for Infusion Pumps Due to Software Problems

Dive Brief: Smiths Medical has issued a recall for its CADD-Solis ambulatory infusion pumps due to several issues associated with outdated software, as announced by the Food and Drug Administration (FDA) on Tuesday. The reported problems include the devices failing to emit necessary alarms, unresponsive stop and power keys, and the inadvertent exposure of passwords […]

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CMS Finalizes Announcement on Medicare Coverage for Breakthrough Devices

CMS Finalizes Announcement on Medicare Coverage for Breakthrough Devices

The Centers for Medicare and Medicaid Services (CMS) announced a new pathway, Transitional Coverage for Emerging Technologies (TCET), aimed at accelerating Medicare coverage for innovative medical devices. Traditionally, obtaining national Medicare and commercial insurance coverage for a device post-Food and Drug Administration (FDA) authorization can take up to five years. To address this lag, the […]

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CMS Finalizes Rule on Medicare Coverage for Breakthrough Medical Devices

CMS Finalizes Rule on Medicare Coverage for Breakthrough Medical Devices

The Centers for Medicare and Medicaid Services has finalized a rule that simplifies the reimbursement process for medical device makers, particularly those with products designated as “breakthrough” technologies by the Food and Drug Administration (FDA). This move is aimed at accelerating the Medicare coverage availability for innovative medical devices immediately after they receive FDA approval. […]

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Pharmacosmos Acquires Cancer Biotech Firm G1 Therapeutics in $405 Million Deal

Pharmacosmos Acquires Cancer Biotech Firm G1 Therapeutics in $405 Million Deal

G1 Therapeutics, a biotech firm based in Research Triangle Park, North Carolina, has successfully guided its innovative lung cancer drug, Cosela, to FDA approval. Cosela is uniquely designed not to treat cancer directly but to protect bone marrow by blocking CDK4/6 proteins during chemotherapy for patients with extensive-stage small cell lung cancer. This marks the […]

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Exclusive Analysis: Anticipated FDA Actions in Life Science for August and September 2024

Exclusive Analysis: Anticipated FDA Actions in Life Science for August and September 2024

Unfortunately, the provided content is too brief and primarily descriptive of what the article aims to cover, rather than presenting substantive information from the article itself. As the text outlines, AgencyIQ analyzes public data to forecast likely actions by the FDA in the near future, which aids regulatory professionals in planning for key FDA-related deadlines, […]

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FDA Requests Public Input on Enhancing Health Equity in Medical Device Sector

FDA Requests Public Input on Enhancing Health Equity in Medical Device Sector

The Food and Drug Administration (FDA) is seeking public feedback on improving health equity through the regulation of medical devices, as outlined in a new discussion paper. Comments on the paper are open until October 4. This initiative is part of the Center for Devices and Radiological Health’s (CDRH) wider strategy that prioritizes health equity […]

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