Archive for the ‘medtechinsider’ Category

UK NHS Announces Procurement Development Programme to Cut Costs

Wednesday, August 7th, 2013

The UK NHS has published a new procurement development programme aimed to cut wasteful spending. The three-year strategy could reduce revenue for some of NHS' suppliers. Orthopaedic suppliers especially are targeted in the programme due to the high "cost to serve" (the consignment stock, instrumentation and sales support staff), according ...

Medical Packaging Supplier Emerges from 2012 Earthquakes with Emboldened Vision

Monday, August 5th, 2013

[caption id="attachment_31947" align="alignleft" width="400"] Northern Italy's 2012 earthquakes destroyed the headquarters of medical packaging supplier Encaplast in Mirandola.[/caption] The two earthquakes and multiple aftershocks that struck Italy’s Emilia Romagna region in May 2012 caused massive destruction and loss of life. They also dealt a crushing blow to the country’s medtech industry ...

Smart Contact Lenses Could Go beyond Google Glass’ Augmented Reality

Friday, August 2nd, 2013

Wearable technologies may eventually take a giant leap forward with smart contact lenses that enable augmented reality. An article on Technology Review outlines several projects that are focusing on developing such alternatives to Google Glass (and competitors such as the Frauhofer data glasses).

Proposed Amendments to Medical Device Regulations Stress Balancing Patient Safety with Innovation

Friday, August 2nd, 2013

Following the decision in early July by the European Parliament's Committee on the Environment, Public Health and Food Safety (ENVI) to delay its vote on the medical device regulations, the Committee on the Internal Market and Consumer Protection published an opinion report making amendment suggestions.

Creganna-Tactx Medical Appoints Former Abbott Executive as CEO

Wednesday, July 31st, 2013

Creganna-Tactx Medical (Galway, Ireland) has announced that Robert B. "Chip" Hance will join the company as Chief Executive Officer in September 2013. Hance has many years of experience in the medical device industry, most recently as President of Abbott Vascular. He has over 23 years of experience at Abbott Laboratories. ...

Irradiation Processing Experts to Meet in Shanghai

Monday, July 29th, 2013

After Montreal, London, Avignon and many points in between, the globe-trotting International Meeting on Irradiation Processing (IMRP) lands in Shanghai in November for its 17th annual meeting. The scientific conclave explores advances in sterilisation technologies related to healthcare products, polymer modification and food safety. More than 500 industry leaders and scientific ...

Top European Medtech Companies in 2018

Thursday, July 25th, 2013

Despite a challenging economic climate, European medtech companies will continue to make the lists of the largest industry players, according to a report released by Evaluate, a London-based life science business intelligence firm. The Evaluate MedTech World Preview 2018 report makes projections about the top 20 medical technology companies in ...

Phillips-Medisize Acquires Medical Manufacturing Plants in China, Mexico

Thursday, July 25th, 2013

From the wire: Phillips-Medisize Corp. announced today that it has entered into a definitive agreement with the Adval Tech Group to purchase, for an undisclosed amount, two manufacturing operations: Adval Tech Medical (Suzhou) Company Ltd, in Suzhou, China, and Omni Manufacturing Services S.A. de C. V. in Queretaro, Mexico. The transaction is expected to ...

Virtual Reality Headset Could Enable Immersive Remote Surgery

Wednesday, July 24th, 2013

A novel headset that completely immerses gamers in a virtual reality has the potential to bring some real-world advances to medical technology. Plextek Consulting (Cambridge, UK) is using the Oculus Rift headset to apply what it calls immersive telepresence to remote examinations and diagnostics. The video communications system (pictured) that simulates ...

Biomet Will Shut Down Swiss Facility, Lay Off 230 Workers

Tuesday, July 23rd, 2013

Orthopaedics manufacturer Biomet has announced that it will close its Swiss facility in Le Locle. The company cites declining global prices for medical devices and a challenging economic environment as the reason for the closure in a press release. Headquartered in Warsaw, IN, USA, Biomet will relocate Swiss operations to ...

Medtech Scandals: Six Controversies that Changed the Industry

Tuesday, July 23rd, 2013

The regulatory landscape for the medical technology industry in Europe is about to change dramatically, partly due to the Pip implant scandal. As we anticipate the impact this controversy will have on the new medical device regulations, we look back at this and five other scandals that changed the industry. ...

Russian Authorities Extend Registration Deadline for Medical Devices

Thursday, July 18th, 2013

According to a report from Reglink, medical device companies selling their products in Russia now have three more years to re-register their devices. On 1 January 2013, the government announced that manufacturers would have to list their products in a new registry maintained by central regulation agency Roszdravnadzor by 1 January ...