The Medical Industry Briefin
gThe latest news, approvals and clinical trials you need to know about this month
Data: News
in Numbers
30,000
Fortress Diagnostics plans to invest £8m in its new 30,000 square-foot UK headquarters
35
The number of alerts issued by the British Medicines and Healthcare products Regulatory Agency in the past year
11
The number of vulnerabilities that could allow a hacker to take control of medical devices according to a warning released by the US FDA
$1.5m
The amount that UCLA has received in funding to establish a regional hub for the development of medical technology and digital health tools
£250,000
The amount that Heart Research UK has granted to fund a heart failure technology project at Ulster University, UK
Top Stories
Indian Government not to lift price caps on medical devices
The government will not lift price caps on medical devices but is open to rationalise trade margins to allay concerns of importers, officials briefed on the matter said.
Source: The Economic Times
Virtual human hand simulation holds promise for prosthetics
Using magnetic resonance imaging and a technique inspired by the visual effects industry, a team of USC researchers has developed the world's most realistic model of the human hand's musculoskeletal system in motion.
Source: Science Daily
FDA releases guidance on patient engagement in device investigations
The document details the agency’s proposed recommendations for manufacturers when working with patients in multiple aspects of an investigation, such as patient preference study design, benefit-risk determination and device labelling.
Source: Medical Device Network
Nanotechnology improves chemotherapy delivery
Michigan State University scientists have invented a new way to monitor chemotherapy concentrations, which is more effective in keeping patients' treatments within the crucial therapeutic window.
Source: Science Daily
Embracing Emerging Technologies
Mia
Developed by London-based Kheiron Medical Technologies, Mia - or mammography intelligent assessment – is a screening solution that supports radiologists in reducing errors in breast cancer detection.
Robocath
Robocath is a French company that designs, develops and commercialises cardiovascular robotic systems for the treatment of vascular diseases.
Alphastroke
US company Forest Devices is developing a portable device that uses EEG monitoring and machine learning to help first responders detect and triage stroke.
OncoRes Medical
OncoRes Medical is developing an intraoperative imaging technology to provide surgeons with real-time assessment of tissue microstructure.
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