The Medical Industry Briefing 

The latest news, approvals and clinical trials you need to know about this month

Data: News
in Numbers

14

The UK Medicines and Healthcare products Regulatory Agency is investigating 14 cases of fake or unlicensed COVID-19 medical products

18

The number of deaths linked to intragastric weight loss balloons in a report by the US FDA

£8m

The UK Government has approved an £8m trial for drones to deliver medical supplies amid the Covid-19 pandemic

6.3%

Singapore’s medical technology segment rose 6.3% in March with higher export demand for medical devices

$27,255.6m

The global wearable medical device market is expected to reach a market value of $27,255.6m by 2023 

 Top Stories 

European Parliament postpones new requirements for medical devices

To prevent shortages or delays in getting key medical devices on the market, the European Parliament has decided to postpone the application of the Medical Devices Regulation.

Source: Europarl

Indonesian Government relaxes licensing requirements for medical devices 

As part of efforts to combat Covid-19, the Indonesian Governmenthas issued several regulations and policies to relax licensing requirements for the import and production of medical devices.

Source: Chemical Watch

Qatar produces new artificial ventilators to combat coronavirus

Barzan Holding Company, in cooperation with US company Wilcox, is expected to produce 2,000 Savr-Q ventilators a week.

Source: Al Jazeera

Boston Scientific sees April sales cut in half amid Covid-19

Boston Scientific has acknowledged the novel coronavirus' potential to negatively impact first quarter sales by $10m to $40m.

Source: Med Tech Dive

Embracing Emerging Technologies 

 Signum Surgical

This Ireland-based start-up is developing innovative minimally invasive technologies to help treat post-surgerycolorectal patients.

signumsurgical.com

X-COR 

Boston-based medical device company X-COR Therapeutics is creating a commercially available CO2 removal device for the treatment of acute respiratory failure.

K Health

This New York-based company has created an AI-enabled symptom checking app to provideusers with personalised primary care.

khealth.ai

Flatiron Health

Flatiron Health is creating cloud-based community oncology products to provide practitioners with a shared technology platform.

flatiron.com

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