The struggling US economy is forcing health care providers and government agencies to step up efforts to find cheaper and more efficient ways of delivering care, and home health offers a number of expanding opportunities. Advances in communication technology, specifically the ability to monitor remotely through a variety of wireless devices, are driving the market.
by Robert Neil
Even though the struggling US economy has changed the outlook for a number of health care markets, technology and innovation...
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AI heart imaging company HeartFlow filed for a $100m IPO after scrapping its 2022 SPAC plans. It remains unprofitable but is betting on FDA clearances, Medicare coverage and a demand for AI-powered diagnostics to win over investors.
A federal court in Illinois ruled against SurModics and BC Holdings' request for FDA documents to support a proposed merger. The FTC has challenged the merger, claiming it threatens competition in hydrophilic device coatings. The ruling may indicate the FTC is likely to succeed.
Despite headwinds, executives remain optimistic about growth in Abbott’s medical devices and diabetes divisions and plan several product rollouts, including the Volt PFA catheter for electrophysiology and the dual glucose-ketone sensor CGM.
