US probes reports of steering glitch on newer Honda Civics
March 21, 2023 GMTDETROIT (AP) — U.S. auto safety regulators are investigating complaints from Honda Civic drivers that their steering can stick, causing a momentary increase in effort and increasing the risk of a crash.
Baby’s death tied to contaminated breast pump, CDC says
March 2, 2023 GMTFederal health officials are warning parents of newborns to sterilize equipment used for both bottle- and breast-feeding after a baby died last year from a rare infection tied to a contaminated breast pump.
AtriCure: Q4 Earnings Snapshot
February 21, 2023 GMTMASON, Ohio (AP) — MASON, Ohio (AP) — AtriCure Inc. (ATRC) on Tuesday reported a loss of $4.2 million in its fourth quarter.
The Mason, Ohio-based company said it had a loss of 9 cents per share.
Tactile Systems Technology: Q4 Earnings Snapshot
February 21, 2023 GMTMINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Tactile Systems Technology Inc. (TCMD) on Tuesday reported fourth-quarter profit of $4.6 million.
The Minneapolis-based company said it had profit of 23 cents per share.
Medtronic: Fiscal Q3 Earnings Snapshot
February 21, 2023 GMTDUBLIN (AP) — DUBLIN (AP) — Medtronic PLC (MDT) on Tuesday reported fiscal third-quarter earnings of $1.22 billion.
The Dublin-based company said it had profit of 92 cents per share. Earnings, adjusted for amortization costs and restructuring costs, were $1.30 per share.
Toast, Boston Beer fall; Cisco, Crocs rise
February 16, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Cisco Systems Inc., up $2.54 to $50.99.
The seller of routers, switches, software and services gave investors an encouraging financial forecast.
Shockwave Medical: Q4 Earnings Snapshot
February 16, 2023 GMTSANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Shockwave Medical Inc. (SWAV) on Thursday reported fourth-quarter profit of $140.9 million.
The Santa Clara, California-based company said it had profit of $3.71 per share.
Integer: Q4 Earnings Snapshot
February 16, 2023 GMTPLANO, Texas (AP) — PLANO, Texas (AP) — Integer Holdings Corp. (ITGR) on Thursday reported fourth-quarter net income of $18.1 million.
On a per-share basis, the Plano, Texas-based company said it had net income of 54 cents.
West Pharmaceutical: Q4 Earnings Snapshot
February 16, 2023 GMTEXTON, Pa. (AP) — EXTON, Pa. (AP) — West Pharmaceutical Services Inc. (WST) on Thursday reported fourth-quarter net income of $103 million.
On a per-share basis, the Exton, Pennsylvania-based company said it had net income of $1.36.
PayPal, DexCom rise; Expedia, Lyft fall
February 10, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
PayPal Holdings Inc., up $2.38 to $80.80.
The digital payments platform gave investors a strong profit forecast.
Baxter: Q4 Earnings Snapshot
February 9, 2023 GMTDEERFIELD, Ill. (AP) — DEERFIELD, Ill. (AP) — Baxter International Inc. (BAX) on Thursday reported fourth-quarter earnings of $181 million.
The Deerfield, Illinois-based company said it had net income of 36 cents per share.
Cardiovascular Systems: Fiscal Q2 Earnings Snapshot
February 8, 2023 GMTST. PAUL, Minn. (AP) — ST. PAUL, Minn. (AP) — Cardiovascular Systems Inc. (CSII) on Wednesday reported a loss of $7.9 million in its fiscal second quarter.
On a per-share basis, the St. Paul, Minnesota-based company said it had a loss of 20 cents.
Tyson Foods, Dell fall; Tesla, Life Storage rise
February 6, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Tyson Foods Inc., down $2.95 to $61.08.
The meat producer's fiscal first-quarter profit and revenue fell short of analysts' forecasts.
Kansas commits $304M to chip plant to lure federal funds
February 3, 2023 GMTTOPEKA, Kan. (AP) — Kansas plans to give $304 million in taxpayer-funded incentives to a semiconductor company in its largest city to build a huge new factory, but the project won't go forward without funds the U.S.
Electronic Arts, WestRock fall; Stryker, Peloton rise
February 1, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Advanced Micro Devices Inc., up $9.49 to $84.64.
The chipmaker's fourth-quarter financial results beat Wall Street forecasts.
US probes complaints of parts flying off of Ford Explorers
February 1, 2023 GMTDETROIT (AP) — The U.S. government's road safety agency is investigating complaints that windshield trim panels can fly off of Ford Explorers while they're traveling at highway speeds.
The National Highway Traffic Safety Administration says it has 164 complaints about the trim pieces detaching on 2011 through 2019 Explorer SUVs.
Prosecutors: Convicted CEO Elizabeth Holmes is a flight risk
January 21, 2023 GMTSAN JOSE, Calif. (AP) — Elizabeth Holmes is a flight risk and shouldn’t be allowed to stay out of prison while she appeals her 11-year prison sentence for defrauding investors, federal prosecutors said in court documents.
Prosecutors: Convicted CEO Elizabeth Holmes is a flight risk
January 21, 2023 GMTSAN JOSE, Calif. (AP) — Elizabeth Holmes is a flight risk and shouldn’t be allowed to stay out of prison while she appeals her 11-year prison sentence for defrauding investors, federal prosecutors said in court documents.
J&J subsidiary to pay $9.75M to resolve kickback allegations
January 20, 2023 GMTBOSTON (AP) — A subsidiary of health care company Johnson & Johnson has agreed to pay nearly $10 million to settle allegations that it violated federal and state law by providing free products to a surgeon to induce him to use its products in procedures, prosecutors said Friday.
Defibrillators in telephone booths long preceded COVID
January 18, 2023 GMTCLAIM: British telephone booths are being retrofitted with defibrillators because the COVID-19 vaccines are causing more cardiac arrests.
AP’S ASSESSMENT: False. A movement to install defibrillators in telephone kiosks across the U.K.
Goldman Sachs, Shockwave fall; Morgan Stanley, Roblox rise
January 17, 2023 GMTNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Goldman Sachs Group Inc., down $24.08 to $349.92.
The investment bank reported weak fourth-quarter financial results as deals dried up.
Vanderbilt professors’ firm develops ‘breakthrough device’
January 17, 2023 GMTNASHVILLE, Tenn. (AP) — A company co-founded by Vanderbilt University professors has received a special designation from the U.S. Food and Drug Administration for a breakthrough device.
The designation streamlines the regulatory process for certain medical devices that provide more effective treatment or diagnosis of life-threatening or irreversibly debilitating diseases.
Mississippi company to pay $1.87M to settle false claims
January 11, 2023 GMTOXFORD, Miss. (AP) — An orthopedic clinic in north Mississippi and its owner have agreed to pay more than $1.8 million to resolve allegations that the health care provider knowingly submitted false claims to Medicare and Medicaid, federal prosecutors said Wednesday.
Ukrainian startups bring tech innovation to CES 2023
January 8, 2023 GMTLAS VEGAS (AP) — The past year has been difficult for startups everywhere, but running a company in Ukraine during the Russian invasion comes with a whole different set of challenges.
Clinical psychologist Ivan Osadchyy brought his medical device, called Knopka, to this year's CES show in Las Vegas in hopes of getting it into U.S.
Prescription drugs, medical devices boost J&J in Q4
January 25, 2022 GMTGrowing prescription drug and medical device sales nudged Johnson & Johnson past fourth-quarter earnings expectations, and the health care giant's COVID-19 vaccine gained momentum as well.
J&J's one-shot vaccine rang up $1.62 billion in sales in the last quarter of 2021, or more than double what it had recorded before the quarter, as drugstores and clinics started doling out booster shots.
UK to probe racial bias in medical devices after COVID toll
November 21, 2021 GMTLONDON (AP) — The British government is investigating whether built-in racial bias in some medical devices led to Black and Asian people getting sick and dying disproportionately from COVID-19.
Health Secretary Sajid Javid said Sunday that the pandemic had highlighted health disparities along race and gender lines.
Oregon sued for charging inmates for medical devices
April 23, 2021 GMTPORTLAND, Ore. (AP) — A class action lawsuit has been filed claiming the Oregon Department of Corrections is violating the Americans with Disabilities Act because it charges prisoners with disabilities for prosthetics and other medical devices they need...
HD Medical at CES Unveils HealthyU™, the World’s First Intelligent All-in-one Remote Patient Monitor for Telehealth and Wellness
January 11, 2021 GMTSANTA CLARA, Calif.--(BUSINESS WIRE)--Jan 11, 2021--
Bell, Telus give 5G contracts to Europeans, Huawei shut out
June 2, 2020 GMTTORONTO (AP) — Two of Canada’s three major telecommunication companies announced Tuesday they’ve decided not to use Chinese tech giant Huawei for their next-generation 5G wireless network...
Clarification: Medical Devices-Shortage story
November 5, 2019 GMTWASHINGTON (AP) — In an Oct. 25 story about medical devices, The Associated Press reported on the closure of several facilities that use a carcinogenic gas to sterilize medical equipment, including a Georgia facility...
Biden anti-cancer groups could pose influence concerns
June 19, 2019 GMTWASHINGTON (AP) — Joe Biden was on friendly turf when he appeared in January 2018 at a San Francisco health care conference to call for urgency in the search for a cancer cure...
Insulin pumps have most reported problems in FDA database
November 27, 2018 GMTDESTIN, Florida (AP) — When Polly Varnado's 9-year-old daughter was diagnosed with Type 1 diabetes, it didn't take long for the family to hear about insulin pumps...
Medtronic co-founder who created wearable pacemaker dies
October 22, 2018 GMTMINNEAPOLIS (AP) — Earl Bakken, an electronics repairman who created the first wearable external pacemaker and co-founded one of the world's largest medical device companies, Medtronic, has died...
MDIC Releases Report on Medical Device Cybersecurity, Advancing Coordinated Vulnerability Disclosure
October 1, 2018 GMTARLINGTON, Va.--(BUSINESS WIRE)--Oct 1, 2018--The Medical Device Innovation Consortium (MDIC) today released a report encouraging the adoption of coordinated vulnerability disclosure (CVD) policies by medical device manufacturers (MDMs) in an effort to promote medical device cybersecurity and patient safety...
The Apple Watch is inching toward becoming a medical device
September 13, 2018 GMTCUPERTINO, Calif. (AP) — Apple is trying to turn its smartwatch from a niche gadget into a lifeline to better health by slowly evolving it into a medical device...
Chinese exporters scramble to cope with US tariffs
July 9, 2018 GMTBEIJING (AP) — Chinese exporters were scrambling Monday to cope with a plunge in U.S. sales while China's state press shrugged off the impact of Washington's tariff hikes in a spiraling technology dispute...
Tax on medical devices resumes following two-year suspension
January 3, 2018 GMTHigh-tech ideas to fix opioid crisis compete for Ohio grants
August 8, 2017 GMTCOLUMBUS, Ohio (AP) — A call by Republican Gov. John Kasich for scientific breakthroughs to help solve the opioid crisis is drawing interest from dozens of groups with ideas including remote controlled medication dispensers, monitoring devices for addicts, mobile apps and pain-relieving massage gloves...
The List: Medical device patents by state
July 2, 2017 GMTThe top-ranked states by medical device patents:
Internet-connected ‘smart’ devices are dunces about security
March 9, 2017 GMTNEW YORK (AP) — These days, it's possible to use your phone — and sometimes just your voice — to control everything from your TV to your lights, your thermostat and shades, even your car or medical device...
Recall Watch: Taco seasoning, medical devices among pulled products
October 18, 2016 GMTMedical devices yanked
Medtronic is recalling certain lots of its Pipeline™ embolization device, Alligator™ retrieval device and X-Celerator™ hydrophilic guidewire. The recall also includes the stylet containing UltraFlow™ flow directed micro catheters and Marathon™ flow directed micro catheters.