Category Archives: Medical Technology

Amidst the dominance of the "Magnificent Seven" stocks capturing the stock market's attention, a new contender is vying for a place in the elite group of growth stocks. Lemonade, a disruptor in the insurance sector, is positioning itself as an ambitious growth stock with a modest market cap and dreams of long-term expansion. Continue reading →

COPENHAGEN, Denmark, March 18, 2024 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, and a consortium of health care institutions in Denmark have innovated a method to recycle used blood collection tubes without compromising hygiene, safety or quality of the material. BD partnered with Odense University Hospital, the Health Innovation Centre of Southern Denmark, the Danish Technological Institute, the Global Material & Asset Fund and EcoFITT ApS to conduct a feasibility study, which focused on used blood collection tubes from laboratories Continue reading →

New Catalog of NVIDIA NIM and GPU-Accelerated Microservices for Biology, Chemistry, Imaging and Healthcare Data Runs in Every NVIDIA DGX Cloud GTCNVIDIA today launched more thantwo dozen new microservicesthat allow healthcare enterprises worldwide to take advantage of the latest advances in generative AI from anywhere and on any cloud. The new suite of NVIDIA healthcare microservices includes optimized NVIDIA NIM AI models and workflows with industry-standard APIs, or application programming interfaces, to serve as building blocks for creating and deploying cloud-native applications. They offer advanced imaging, natural language and speech recognition, and digital biology generation, prediction and simulation. Continue reading →

FRANKLIN LAKES, N.J., March 21, 2024 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today issued the following statement regarding the March 19, 2024 U.S. Food and Drug Administration (FDA) Safety Communication, which provided important updates on FDA's ongoing evaluation of certain plastic syringes: Eric Borin, president of BD Medication Delivery Solutions said, "BD has the capacity to support additional syringe demand and is further increasing U.S Continue reading →

Butterfly Network, a pioneering medical device company, has introduced its third-generation digital ultrasound, the iQ3, marking a significant advancement in medical imaging technology. Unlike traditional ultrasound devices that rely on crystal-based probes, Butterfly's semiconductor chip-based technology offers a more cost-effective solution, with the iQ3 priced at approximately $2,500considerably less than counterparts from brands like GE Healthcare and Philips Continue reading →

Johnson & Johnson MedTech (J&J MedTech) has signed a memorandum of understanding (MOU) with NVIDIA to expedite the deployment and scaling of AI in surgical settings. This partnership aims to improve real-time surgical data analysis and expand the global availability of AI algorithms for surgical decision-making, education, and connected operating rooms collaboration Continue reading →

In a comprehensive survey spanning the United States, the United Kingdom, and China, McKinsey's latest Future of Wellness research sheds light on the dynamic landscape of the $1.8 trillion global consumer wellness market. McKinsey identifies seven wellness subsets, including women's health, weight management, and in-person fitness, as areas ripe for innovation and investment. The wellness market in the United States alone is estimated at $480 billion, growing at a steady 5 to 10% annually, with 82% of consumers prioritizing wellness as a top or important aspect of their daily lives, mirroring trends in the United Kingdom and China Continue reading →

Nextech, a leading technology solutions provider for specialty physician practices, has recently announced the launch of three new AI-powered tools aimed at transforming healthcare delivery and administration. Continue reading →

The digital health revolution is transforming healthcare systems, necessitating compliance with GDPR, MDR, and IVDR for data privacy and security. This requires early engagement, transparency, and stakeholder collaboration. FREMONT, CA:The continuous advancement of digital health technologies catalyses a profound transformation from AI-driven diagnostics to applications for remote patient monitoring, reshaping delivery, management, and user experience within healthcare systems. Continue reading →

AI can bring benefits such as aiding physicians in making faster and more reliable diagnostic decisions. Credit: Gorodenkoff via Shutterstock. Microsoft announced at the 2024 Healthcare Information and Management Systems Society Global Health Conference and Exhibition in Orlando, Florida, US that it will be further integrating AI into its tools by forming new collaborations with healthcare partners to facilitate innovation within the healthcare and life sciences (HLS) space Continue reading →