Medical Innovation Exchange

MedTech Economics

Liver-Chip Successfully Identifies Drug Toxicity, Outperforms Animal and 3D Models

Liver-Chip Successfully Identifies Drug Toxicity, Outperforms Animal and 3D Models     Organ-on-chip technology can outperform animal models and could generate billions in increased R&D productivity, according to the outcomes of a study published in Communications Medicine (December 2022). For “Performance assessment and economic analysis of a human Liver-Chip for predictive toxicology,” Lorna Ewert, et al, …

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WHO Convenes Panel to Identify Priority Pathogens for Research and Oversight 

WHO Convenes Panel to Identify Priority Pathogens for Research and Oversight      The World Health Organization (WHO) announced that it is launching a global scientific process to update the list of priority pathogens to guide global investment, research and development of vaccines, tests and treatments. The process began on November 18 with a meeting of …

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Pharma Needs a New Class of CRM Solutions

Pharma Needs a New Class of CRM Solutions     Today’s pharma companies face three primary challenges in their efforts to engage with their customers. There are more ways than ever before to engage—and as the response to the pandemic showed, digital engagements play an increasingly vital role. There are more stakeholders to engage than ever …

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Johnson & Johnson to Expand Cardiovascular Segment with Abiomed Acquisition

Johnson & Johnson to Expand Cardiovascular Segment with Abiomed Acquisition     Johnson & Johnson has entered into a definitive agreement to acquire Abiomed, developer of breakthrough heart, lung and kidney support technologies, for approximately $16.6 billion. The transaction—expected to be completed prior to the end of the first quarter of 2023—will broaden Johnson & Johnson …

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M&As: Maximizing the Partnership Process on Both Sides

M&As: Maximizing the Partnership Process on Both Sides     At the MedExecWomen meeting on June 14, 2022, Leslie Storms, U.S. president of Ethicon, a J&J Division, moderated the panel “Making Acquisition Strategy Succeed: Perspectives From Both Sides Of The Deal” and brought M&A experts Martha Shadan, developer of a novel tissue regeneration technology for shoulder …

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Pres. Biden Issues Executive Order on Advancing Biotechnology and Biomanufacturing

Pres. Biden Issues Executive Order on Advancing Biotechnology and Biomanufacturing     On September 12, President Joe Biden issued an executive order, “Advancing Biotechnology and Biomanufacturing Innovation for a Sustainable, Safe, and Secure American Bioeconomy.” The order outlines a “whole-of-government approach” to advance biotechnology and biomanufacturing towards innovative solutions in health, climate change, energy, food security, …

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Disaster Proofing Your Business

Disaster Proofing Your Business     As supply chain issues continue to cause delays in production and the threat of natural disasters continues to grow, it has never been more important for medical technology manufacturers to prepare for whatever business interruptions might come their way. Having a disaster plan in place, which includes building a recovery …

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CVS Moves Toward Home Health Care with Signify Acquisition

CVS Moves Toward Home Health Care with Signify Acquisition     CVS Health is expanding into the home healthcare business. The company announced that it has entered into a definitive agreement to acquire Signify Health, which boasts a network of more than 10,000 physicians, nurse practitioners and physician assistants that provide home-based visits. Under the agreement, …

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UPS To Expand Healthcare Logistics Services with New Acquisition

UPS To Expand Healthcare Logistics Services with New Acquisition     UPS is expanding its operations into healthcare logistics with the planned acquisition of Bomi Group, a multinational healthcare logistics provider. In a statement, UPS announced that the transaction will add temperature-controlled facilities in 14 countries, more than 350 temperature-controlled vehicles and four million square feet …

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The Case for In-Person Work: Making Human Connections

The Case for In-Person Work: Making Human Connections     Today’s medtech companies are faced with the same challenge as countless other businesses: How to handle a changed workforce. For many, the transition was purely coincidental due to the pandemic that forced medtech leaders to lean into remote and hybrid work, even for positions within the …

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