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BioStem Technologies Comments on Withdrawal of CMS CY 2026 Final Medicare Reimbursement Rule for Skin Substitutes
Globenewswire· 2026-01-07 21:05
Core Viewpoint - BioStem Technologies, Inc. has commented on the withdrawal of all seven Local Coverage Determinations (LCDs) by the Centers for Medicare & Medicaid Services (CMS) for skin substitute grafts and cellular products for treating diabetic foot ulcers and venous leg ulcers, effective January 1, 2026, indicating that this will not impact patient access to their technology [1][2]. Company Overview - BioStem Technologies is a MedTech company focused on developing, manufacturing, and commercializing placental-derived products for advanced wound care [1]. - The company utilizes its proprietary BioRetain processing method, which is designed to maintain growth factors and preserve tissue structure [2]. - BioStem's quality management system has been accredited by the American Association of Tissue Banks (AATB) and complies with current Good Tissue Practices (cGTP) and Good Manufacturing Processes (cGMP) [2]. Market and Innovation - The company emphasizes the importance of high-quality clinical evidence for long-term adoption and value creation, committing to an evidence-based strategy [2]. - BioStem plans to continue investing in expanding its clinical data foundation to demonstrate the differentiated performance of its proprietary technology compared to alternatives [2]. Product Portfolio - BioStem's product portfolio includes brands such as AmnioWrap2™, VENDAJE, and American Amnion™, all processed at their FDA registered and AATB accredited site in Pompano Beach, Florida [2].
Ventripoint Doubles the Size of Private Placement Due to Strong Investor Demand
Thenewswire· 2026-01-07 13:50
Core Viewpoint - Ventripoint Diagnostics Ltd. is responding to significant investor interest by doubling its non-brokered private placement from $500,000 to $1,000,000, pending approval from the TSX Venture Exchange [1]. Group 1: Offering Details - Each unit in the offering will consist of one common share and one common share purchase warrant [2]. - Each warrant allows the holder to purchase one common share at a price of $0.13 for a period of 24 months from the closing of the offering, with the potential for an accelerated expiry if the common shares trade at $0.26 or above for 10 consecutive days [3]. - The corporation may pay a cash finder's fee and issue finder's warrants of up to 8% of the gross proceeds, with each finder's warrant also exercisable into one common share at the same price of CDN$0.13 for 24 months [4]. Group 2: Use of Proceeds - The proceeds from the offering will be utilized to support critical commercialization activities, manufacturing scale-up, continued regulatory submissions, and operational requirements [5]. Group 3: Company Overview - Ventripoint has established itself as a leader in AI-powered echocardiography, with its VMS+ products providing accurate volumetric cardiac measurements comparable to MRI, developed over a decade [9]. - The technology is designed to be an affordable alternative, enhancing cardiologists' confidence in patient management and is compatible with all ultrasound systems from various vendors, supported by regulatory approvals in the U.S., Europe, and Canada [9].
Social Media Influence in the Exam Room: National Survey About Medical Testing Reveals Changing Patient Expectations
Globenewswire· 2026-01-07 12:30
Core Insights - A national survey indicates a significant shift in U.S. patients' expectations towards greater control over diagnostic testing, moving away from traditional evidence-based medicine [1][8] Patient Expectations - 93% of patients expect their doctor to order a lab test upon request, with 37% having requested tests based on personal research and 17% influenced by social media [2][12][13] - High interest in predictive health insights is noted, with 89% of respondents expressing interest in lab tests that can predict health risks [3] Testing Behavior - 27% of patients pursued blood testing independently of a doctor's recommendation, driven by curiosity [3][12] - Nearly half (49%) of those who engaged in self-prescribed testing do not share results with healthcare providers, indicating a trend towards privacy in health information [5] Trust in Healthcare Providers - While 95% of patients trust their providers to order appropriate tests, only 87% trust their guidance against requested tests, highlighting a changing dynamic in patient-provider relationships [4] Financial Aspects - A significant portion of patients face financial barriers, with 52% of those with unpaid medical bills indicating that their debt includes unpaid lab testing fees [6] - Patients are more likely to delay imaging (22%) than bloodwork (5%) when cost is a concern [7] Impact of Reimbursement Cuts - Upcoming payment cuts of up to 15% for around 800 laboratory tests threaten to widen the gap between patient expectations and what testing providers can deliver [8] - The RESULTS Act is gaining support as a potential solution to stabilize payments for laboratory tests and maintain access to quality services [8] Industry Perspective - Siemens Healthineers emphasizes the need for sustained investment in laboratory services to advance personalized care and fulfill the demand for predictive health insights [9]
BrainsWay Announces First Coverage Policy for Accelerated Deep TMS™
Globenewswire· 2026-01-07 12:30
Core Viewpoint - BrainsWay Ltd. has announced that Premera Blue Cross Blue Shield has adopted a new medical policy expanding coverage for patients aged 15 and older with moderate to severe major depressive disorder treated with BrainsWay's SWIFT Deep TMS protocol, marking a significant development in insurance coverage for this treatment [1][2]. Group 1: Company Developments - The SWIFT depression protocol consists of five treatment sessions per day for six days, followed by two sessions per day once a week for four weeks, totaling 38 sessions, and does not require expensive neuronavigational equipment [3]. - BrainsWay's clinical trials and real-world evidence show comparable response and remission outcomes for the SWIFT protocol compared to the standard Deep TMS protocol, indicating its effectiveness [4]. - The company continues to lead in the field with its proprietary H-coil technology and is focused on expanding access to advanced neurostimulation therapies through collaboration with providers and policymakers [5]. Group 2: Company Background - BrainsWay is a global leader in noninvasive neurostimulation treatments for mental health disorders, with a proprietary Deep TMS platform that has received FDA clearance for multiple indications, including major depressive disorder, obsessive-compulsive disorder, and smoking addiction [6]. - The company was founded in 2003 and operates in the United States and Israel, with ongoing clinical trials for various psychiatric, neurological, and addiction disorders [6].
AngioDynamics, Inc. (NASDAQ: ANGO) Q2 2026 Earnings Overview
Financial Modeling Prep· 2026-01-07 02:00
Core Insights - AngioDynamics reported a Q2 2026 EPS of -$0.15, missing the estimated -$0.10, but exceeded revenue expectations with $79.43 million compared to the estimated $76.7 million [1][6] - The company experienced double-digit growth in its medical technology segment, contributing to increased profitability despite a negative P/E ratio of approximately -14.67 [2][6] - AngioDynamics raised its fiscal year 2026 adjusted EPS guidance, indicating a positive outlook for future performance, although shares declined by 1.8% to close at $12.87 [4][6] Financial Performance - Analysts had forecasted a quarterly loss of 10 cents per share, which is deeper than the 4 cents per share loss from the same quarter last year [3] - Revenue of $79.43 million surpassed the previous year's $72.84 million, indicating a positive trend in sales [3] - The company's price-to-sales ratio of about 1.56 suggests that investors are paying $1.56 for every dollar of sales, reflecting confidence in its revenue-generating capabilities [3] Analyst Sentiment - Canaccord Genuity analyst William Plovanic maintained a Buy rating and increased the price target from $17 to $18, indicating positive sentiment from analysts regarding the company's potential [4] - Despite financial challenges, the company maintains a strong current ratio of about 2.29, suggesting solid ability to cover short-term liabilities with short-term assets [5]
Baxter to Present at J.P. Morgan 2026 Healthcare Conference
Businesswire· 2026-01-06 22:14
Core Viewpoint - Baxter International Inc. is set to present at the J.P. Morgan 2026 Healthcare Conference, highlighting its role as a global leader in medtech and its commitment to healthcare innovation [1]. Group 1: Company Overview - Baxter operates in various healthcare settings, providing essential solutions in hospitals, physician's offices, and other care sites [2]. - The company has a long-standing reputation, having served customers for nearly a century as a vital and trusted partner in healthcare [2]. - Baxter's portfolio includes connected solutions, medical devices, and advanced injectable technologies, which are relied upon by millions of patients and healthcare providers [2]. - The company employs approximately 38,000 team members dedicated to its mission of saving and sustaining lives [2]. Group 2: Upcoming Events - Andrew Hider, Baxter's president and CEO, is scheduled to present at the conference on January 12, 2026, at 2:15 p.m. Pacific Time [1]. - The live webcast of the presentation will be accessible on Baxter's website and available for replay until July 11, 2026 [1].
Why Is Medtronic Stock Trading Higher After Analyst Upgrade
Benzinga· 2026-01-06 19:38
Core Viewpoint - William Blair upgraded Medtronic Plc from Market Perform to Outperform, citing new product launches and a more favorable business outlook for achieving high-single-digit EPS growth [1][2]. Group 1: Product Launches and Growth Potential - Medtronic is ramping up several new products, with many more in the pipeline, which could lead to significant growth [1]. - The company is positioned for high-single-digit EPS growth, potentially delivering low-double-digit equity returns when factoring in a 2.9% dividend yield [2]. - The Hugo system has received FDA approval for urologic surgical procedures, marking a significant milestone after nearly a decade of anticipation [3]. Group 2: Financial Valuation and Market Position - Medtronic's stock is trading at approximately 16 times calendar 2026 EPS, which is in line with or slightly below large-cap medtech peers, indicating a favorable risk/reward scenario [3]. - The surgical segment, which accounted for 19% of revenues in 2025, has been growing slower than the corporate average, but recent developments may signal an inflection point [4]. Group 3: Competitive Landscape and Strategic Focus - The Pulsed Field Ablation (PFA) platform is one of Medtronic's fastest-growing businesses, providing a counterbalance to slower growth in legacy pacing and defibrillation markets [6]. - The diabetes spin-off is seen as beneficial for both Medtronic and the newly formed MiniMed, allowing Medtronic to focus on growth drivers [7].
NXP and GE HealthCare Accelerate AI Innovation in Acute Care
Globenewswire· 2026-01-06 16:00
Core Insights - NXP Semiconductors and GE HealthCare have announced a collaboration to advance edge AI technology in anesthesiology and neonatal care, aiming to enhance patient care through actionable insights and low-latency data processing [1][6] Group 1: Collaboration Overview - The collaboration focuses on developing two advanced edge AI concepts for anesthesia delivery and neonatal care, leveraging NXP's expertise in secure edge processing and GE HealthCare's medical technology innovation [1][3] - The concepts will be showcased at CES 2026, highlighting the potential of edge AI to transform workflows in acute care environments [1][6] Group 2: Anesthesia Concept - The first concept integrates edge AI into anesthesia delivery, allowing anesthesiologists to interact with equipment using real-time voice commands, thereby reducing cognitive load and minimizing human error in dynamic operating room settings [3][4] - This hands-free interaction aims to improve patient monitoring and care during procedures [3] Group 3: Neonatal Care Concept - The second concept focuses on neonatal care, utilizing intelligent monitoring to detect an infant's status, such as crying or resting, and alerting clinicians to potential issues [4][5] - The technology processes data locally, ensuring that no images leave the device, thus maintaining strict security and privacy standards [4][5] Group 4: Underlying Technology and Principles - Both concepts are built on GE HealthCare's Responsible AI principles, emphasizing safety, security, privacy, and transparency [5] - The solutions utilize NXP's applications processors with integrated neural processing units (NPUs) and the eIQ AI Toolkit for software enablement [5] Group 5: Company Background - NXP Semiconductors reported revenue of $12.61 billion in 2024 and operates in over 30 countries, focusing on innovative solutions across various markets [7] - GE HealthCare is a $19.7 billion business with approximately 53,000 employees, dedicated to advancing personalized and efficient healthcare solutions [8]
Medical Care Technologies Inc. (OTC Pink:MDCE) Announces Attendance at CES 2026 in Las Vegas
Accessnewswire· 2026-01-06 14:30
"MDCE leadership engages directly with cutting-edge innovators at CES 2026 as MDCE advances its AI wellness application portfolio." LAS VEGAS, NEVADA / ACCESS Newswire / January 6, 2026 / Medical Care Technologies Inc. (OTC Pink:MDCE) is pleased to announce that the CEO and members of the Company's tech team are currently attending the Consumer Electronics Show (CES) 2026 in Las Vegas, Nevada. ...
Alpha Tau Reports New Positive Results in Two Upcoming Presentations at ASCO GI 2026 Symposium Showcasing Immune-Preservation and High Disease Control in Montreal Pancreatic Cancer Alpha DaRT® Study
Globenewswire· 2026-01-06 14:00
Core Insights - Alpha Tau Medical Ltd. announced final results from its first-in-human pancreatic cancer study, showing an 81% disease control rate and 87% when excluding the first two patients [1][2] - The study indicates that Alpha DaRT preserves the immune system and has potential anti-inflammatory effects, differing from conventional radiation therapies [1][4] - Alpha DaRT is currently being evaluated in a U.S. multi-center pilot trial in combination with chemotherapy for newly diagnosed pancreatic cancer patients [1][3] Study Results - The trial involved 32 patients with Stage II, III, or IV pancreatic ductal adenocarcinoma (PDAC), achieving a 22% objective response rate (ORR) and an 81% disease control rate (DCR) [2] - Excluding the first two patients, the ORR improved to 23% and the DCR to 87% [2] Immune Response - The immune markers indicated that Alpha DaRT treatment preserved the immune system, with no significant changes in various inflammatory indices post-treatment [4][5] - A significant reduction in IL-6 cytokine levels was observed, suggesting a potential decrease in inflammation [4] Future Trials - The company is pursuing further studies, including the IMPACT trial, to explore Alpha DaRT's efficacy in combination with chemotherapy for patients with unresectable locally advanced or metastatic PDAC [3][6] - The CEO emphasized the importance of pancreatic cancer treatment in the company's strategy and the ongoing recruitment pace for clinical trials [6] Technology Overview - Alpha DaRT utilizes radium-224 for targeted alpha-irradiation of solid tumors, aiming to minimize damage to surrounding healthy tissue [7]