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Home » Authors » Annette Boyle

Articles by Annette Boyle

Photo of the Binaxnow COVID-19 Ag Card

Abbott soundly beats earnings estimates with Delta boost

Oct. 20, 2021
By Annette Boyle
The COVID-19 testing rebound driven by the Delta variant’s extended surge pushed Abbott Laboratories’ earnings per share for the third quarter nearly 50% higher than consensus estimates. Sales climbed to $10.928 billion, up 15% from expected estimates of $9.564 billion. COVID-19 testing accounted for $1.9 billion in sales, but even without that boost, the company posted year-over-year growth of 11.7% compared to the third quarter of 2019. With COVID testing included, Abbott had organic sales growth of 22.4% compared to the same quarter of 2020 and up 35% compared to the third quarter of 2019. With the third-quarter results, the company announced an increase in the full-year guidance to $5 to $5.10, nearly 40% higher than last year.
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Lungs wireframe illustration

Natera launches Prospera Lung transplant assessment test

Oct. 19, 2021
By Annette Boyle
Natera Inc. added its Prospera assessment for lung transplant patients to its portfolio, joining the company’s tests for rejection of kidney and heart transplants. The test uses donor-derived cell-free DNA (dd-cfDNA) to detect acute rejection as well as chronic rejection and infection in stable patients. Results of the VALID study presented at CHEST 2021 demonstrated that the Prospera Lung test had a negative predictive value of 97.33%, sensitivity of 89.06% and area under the curve of 0.91.
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Rendering of histotripsy treatment head and targeted destruction of liver tissue

Histosonics lands FDA breakthrough device designation

Oct. 18, 2021
By Annette Boyle
The FDA granted breakthrough device designation to Histosonics Inc. for the first system to harnesses microbubbles created by pulsed ultrasound waves to wreak very targeted cellular destruction, with real-time visualization and control. The therapy, called histotripsy, destroys tissue in the liver without heat, radiation or surgery. The technology was developed at the University of Michigan.
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Image of Coolseal device

Hologic continues acquisition spree with Bolder Surgical buy

Oct. 15, 2021
By Annette Boyle
With today’s announcement of its planned acquisition of Bolder Surgical LLC for $160 million, Hologic Inc. continues to execute on the strategy laid out in early January to use the strong cash flow from COVID-19 diagnostics to expand its core business. The Bolder deal, expected to close by Dec. 31, represents the fifth acquisition of 2021. Bolder is a developer of advanced energy vessel-sealing surgical devices.
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DNA data illustration

Fabric Genomics AI quickly identifies 90% of rare disease genomic variants

Oct. 14, 2021
By Annette Boyle
Fabric Genomics Inc.’s Gem artificial intelligence algorithm plus whole genome and whole exome data detected more than 90% of disease-causing variants in infants with rare diseases, a study in Genome Medicine demonstrated. The full process from blood sample to shortlist of causative variants and likely diseases takes just a matter of hours and the time to interpret whole genomes is condensed to about 15 minutes.
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telehealth-telemed-online-doctor.png

EY Pulse: Three ways med-tech companies can capitalize on pandemic shifts

Oct. 13, 2021
By Annette Boyle
The Ernst & Young Pulse of the Industry 2021 report outlined several ways med-tech companies can benefit from fundamental changes in business wrought by the pandemic to build a stronger foundation for the future. While the need for more agile supply chains and the drive to measure social and environmental impact as well as financial metrics have affected all economic sectors, COVID-19 transformed the med-tech industry in specific ways that could have long-lasting impact.
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Photo of Scanwatch

It’s time: FDA clears Withings’ Scanwatch with ECG and SpO2 sensors

Oct. 12, 2021
By Annette Boyle
After nearly two years of waiting, Withings SA won FDA clearance for its Scanwatch, a smartwatch that can take an electrocardiogram and monitor for sleep disturbances indicative of sleep apnea or respiratory illnesses such as chronic obstructive pulmonary disease. The FDA action makes the watch the first cleared for both functions.
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Dollar sign at center of maze

Mindmaze scores big with $125M for gamified neurotherapeutics platform

Oct. 11, 2021
By Annette Boyle
Mindmaze SA raised $125 million in a debt financing round led by Albacore Capital Group to expand its virtual reality-based digital neurotherapeutics platform. Total funding for Mindmaze now exceeds $235.7 million to date. Investors include the Hinduja Group, Venture Kick, the Foundation for Technological Innovation, and Leonardo DiCaprio. The Mindmaze platform assesses and restores cognitive and motor function in individuals who have sustained neural injuries or impairment from degeneration and aging.
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Smartphone displaying Sparkrx

Limbix reports 21% depression remission rate for prescription digital therapeutic

Oct. 8, 2021
By Annette Boyle
Limbix Health Inc. released data demonstrating a 21% remission rate and 29% response rate for Sparkrx, its prescription digital therapeutic, in adolescents who completed the program as recommended. The company presented study results on Oct. 8 at the 2021 American Academy of Pediatrics National Conference in San Francisco.
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Brain, illustrating pain/injury

Brainscope and Syncthink speed concussion assessment without CT

Oct. 7, 2021
By Annette Boyle
Two innovators in the concussion assessment space have advanced their products with new funding and new clearances. Brainscope Co. Inc. secured $35 million in capital through an intellectual property-based funding arrangement with Aon plc to expand access to and develop new applications for its EEG-based product. Syncthink Inc. received a second FDA clearance for its Eye-Sync platform for mild traumatic brain injury diagnosis.
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