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How the rise of medical device use in pharma R&D is driving wearable technology in healthcare and revolutionising the medical industry

pharmaphorum

How the rise of medical device use in pharma R&D is driving wearable technology in healthcare and revolutionising the medical industry Mike.Hammerton Tue, 03/10/2023 - 08:00 Bookmark this

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FDA’s letter to medical device maker iRhythm is a warning for the industry

STAT

Heart monitoring company iRhythm is in hot water with the Food and Drug Administration, which issued a stern warning letter to the device maker this week for marketing its product for “high risk” patients and changing its algorithm without seeking the FDA’s permission.

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STAT+: FDA OKs — but doesn’t require — a non-cancer-causing chemical for sterilizing devices

STAT

The chemical used to sterilize half of all medical devices in the United States is also known to cause cancer. After years of deliberating on alternatives, the Food and Drug Administration this month deemed a safer gas , vaporized hydrogen peroxide, a legitimate way to decontaminate devices

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STAT+: Key takeaways from AdvaMed, the world’s largest medical device conference

STAT

— Thousands of workers in the medical device industry gathered here this week for the MedTech Conference, creating an eerie dissonance with Disneyland tourists clad in Mickey Mouse ears and fanny packs.

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STAT+: 3 medtech trends to watch in 2024

STAT

On the policy side, the industry grappled with changing AI regulations, reimbursement woes, and device sterilization rules. The device group also created a separate niche for digital health companies in October. Major deals in 2023 were scarce, funding was hard to come by, and valuations were down.

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STAT+: Medical device lobby says it’s tired of waiting on Medicare to cover breakthrough devices

STAT

Medical technology lobby AdvaMed is fed up with the Centers for Medicare and Medicaid Services. In a letter sent to the agency and shared with STAT, the group urged CMS to act on finalizing a pathway that would make reimbursement for breakthrough devices easier.    CMS has been working on implementing the pathway since 2021.

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STAT+: More drug and device patents were invalidated for bad info than those filed by other industries, analysis finds

STAT

The patents on medicines and devices approved by the U.S. Food and Drug Administration were more frequently invalidated due to information misrepresented or withheld from patent examiners than any other industry sector, according to a new analysis. Between 2004 and 2021, a U.S.

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