MedTech industry news
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Dexcom shares plunge on lower sales outlook

 “I’m just kind of in shock,” an analyst said on the earnings call, asking for more detail on the forecast cut.

Fri Jul 26, 2024 18:50
Abbott recalls Freestyle Libre 3 sensors due to incorrect glucose readings

A spokesperson for Abbott said the recall “may impact less than 1% of Libre 3 users in the U.S.”

Fri Jul 26, 2024 18:20
AI’s expert-level image analysis can be built on flawed rationales: study

Researchers at the National Institutes of Health found that a version of ChatGPT analyzed images at an expert level but frequently reached the right answer with incorrect reasoning.

Fri Jul 26, 2024 00:02
Edwards spends $1.2B on 2 heart device firms, extending deal streak

Alongside the acquisitions, Edwards reported a slowdown in its core TAVR business in the second quarter that sent its shares tumbling.

Thu Jul 25, 2024 19:28
Owens & Minor inks $1.36B takeover of Rotech

Rotech will help Owens & Minor get closer to its 2028 sales goal with home medical equipment, including sleep and oxygen devices, hospital beds and wheelchairs.

Thu Jul 25, 2024 17:58
Inspire Medical chief operating officer leaving to take CEO role

Philip Ebeling said he is resigning to become president and CEO of “a private medical device company operating in the cardiology space.”

Thu Jul 25, 2024 17:58

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