Tag Archives: FDA

Procept obtains FDA approval for clinical study of surgical robot in prostate cancer treatment

Procept obtains FDA approval for clinical study of surgical robot in prostate cancer treatment

Procept Biorobotics, a company at the forefront of developing advanced treatments for urological conditions, has recently been granted FDA approval to initiate a pivotal trial using its innovative aquablation therapy for treating prostate cancer. This technology, which employs a robot-assisted stream of fluid to precisely remove problematic prostate tissue, has already been in use for […]

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The count of AI-powered medical devices has surged in the last ten years.

The count of AI-powered medical devices has surged in the last ten years.

The integration of Artificial Intelligence (AI) and Machine Learning (ML) into medical devices has seen a dramatic increase over the past decade, facilitated by advancements in connectivity and technology as well as significant investments in AI capabilities. According to the Food and Drug Administration (FDA) database, 950 AI or ML-enabled devices were authorized up to […]

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5 Key Insights for Healthcare Leaders on the 2024 Election

5 Key Insights for Healthcare Leaders on the 2024 Election

As the 2024 election approaches, significant matters such as abortion rights and drug pricing loom large over the healthcare sector. At the Reuters Total Health Conference in Chicago, Ceci Connolly, CEO of the Alliance of Community Health Plans, outlined five key points regarding how the upcoming election could impact healthcare. Election Dynamics Former President Donald […]

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CMS initiates nationwide coverage assessment for tricuspid valve repair

CMS initiates nationwide coverage assessment for tricuspid valve repair

The Centers for Medicare and Medicaid Services (CMS) is assessing the possibility of establishing a national Medicare reimbursement policy for a transcatheter repair procedure specifically designed to treat tricuspid valve regurgitation, following a formal coverage analysis request submitted by healthcare company Abbott. This procedure, known as tricuspid valve transcatheter edge-to-edge repair (T-TEER), utilizes Abbott’s recently […]

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AstraZeneca Invests $100 Million in Oral Treatment Approach for Lipoprotein(a) to Enhance Cardiovascular Disease Portfolio

AstraZeneca Invests $100 Million in Oral Treatment Approach for Lipoprotein(a) to Enhance Cardiovascular Disease Portfolio

AstraZeneca, a major pharmaceutical company, has recently expanded its cardiovascular drug portfolio by securing the rights to a promising new drug designed to combat dyslipidemia, a condition characterized by abnormal cholesterol levels. This deal involved an agreement with CSPC Pharmaceutical Group, based in Hong Kong, which could see AstraZeneca paying up to $1.92 billion in […]

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Smiths Issues Recall on Ventilators Due to Potential Disruptions in Oxygen Flow

Smiths Issues Recall on Ventilators Due to Potential Disruptions in Oxygen Flow

Smiths Medical, now part of ICU Medical since a 2022 acquisition, has encountered multiple safety issues, notably leading to the recall of several of its products. Recently, the company has been embroiled in a serious matter involving the recall of their portable ventilators – specifically the PneuPAC ParaPAC Plus P300 and P310 models. These events […]

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FDA Grants Exact Sciences Approval for Cologuard Plus Colorectal Cancer Test

FDA Grants Exact Sciences Approval for Cologuard Plus Colorectal Cancer Test

The Food and Drug Administration (FDA) has granted approval for Exact Sciences’ Cologuard Plus, an upgraded version of its existing stool-based test for colorectal cancer detection. The company announced that the new test, which boasts higher specificity than its predecessor, is expected to be launched with Medicare coverage and guideline inclusion by 2025. Although Exact […]

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Shock, Terror, and Anxiety: Understanding the Complex Emotions Beyond a Breast Cancer Diagnosis

Shock, Terror, and Anxiety: Understanding the Complex Emotions Beyond a Breast Cancer Diagnosis

Receiving a cancer diagnosis, such as breast cancer, starts with a profound shock and is quickly followed by a paralyzing fear regarding the uncertainty of treatment and the future. This initial emotional turmoil is compounded by the daunting task of communicating the news to family members, particularly children. A cancer diagnosis not only entails a […]

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J&J Withdraws from 340B Rebates While Affirming Their Legal Permissibility Under Statute

J&J Withdraws from 340B Rebates While Affirming Their Legal Permissibility Under Statute

The 340B program, designed to aid underserved communities by allowing eligible healthcare entities to purchase medications at substantial discounts, is facing controversy due to perceived expansive growth and lack of oversight. Pharmaceutical giant Johnson & Johnson (J&J) recently proposed a significant change in how two of its drugs, Stelara and Xarelto, would be priced under […]

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