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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

March 8, 2021

View Archived Issues
Woman helps child insert test swab into nose (left); device image (right)

Cue Health’s COVID-19 at-home molecular test receives FDA EUA for OTC sales

Cue Health Inc. became the first company to offer COVID-19 molecular testing for home use without a prescription following U.S. FDA emergency use authorization on March 5, 2021. The San Diego-based company’s isothermal nucleic acid amplification test (NAAT) detects RNA from SARS-CoV-2 virus present in the nostrils. “The FDA continues to prioritize the availability of more at-home testing options in response to the pandemic,” said Jeff Shuren, director of the FDA’s Center for Devices and Radiological Health. “Cue COVID-19 Test for Home and Over-the-Counter (OTC) Use provides access to accurate and reliable testing at-home, without a prescription.” Read More
Product image

Promaxo wins 510(k) clearance for office-based MRI system

Medical device startup Promaxo Inc. has received 510(k) clearance from the U.S. FDA for its office-based MRI system. The portable system is intended for use by urologists and interventional/urologic radiologists who are performing surgical localization of prostatic lesions under Promaxo MRI guidance. It can be used in the office or outpatient surgical setting without the need for significant facility upgrades. Read More
US-health-flag-medicare.png

MCIT program not seen as being at risk under Becerra at HHS

The Biden administration imposed a regulatory freeze in January, which among other things affected the final rule for the Medicare Coverage of Innovative Technologies (MCIT) program. Despite the freeze, Cybil Roehrenbeck, a partner in the D.C. office of Hogan Lovells US LLP, told BioWorld that this program enjoys broad support in Washington, and thus should survive the new administration’s review of the program under Xavier Becerra, should he be appointed the Secretary of Health and Human Services. Read More
Device image

‘Truly innovative’ device worthy of $3.37M funding award, says France’s Ministry of Health

TORONTO – Novel. Unique. Revolutionary. Terms too often used to indiscriminately describe medical devices that have yet to prove their stuff. Not so at France’s Ministry of Health which takes care to deem winning devices under its Forfait Innovation (FI) program “truly innovative, not simply incremental developments.” Last week the FI awarded Vancouver, British Columbia’s Evasc Neurovascular Inc. €2.76 million (US$3.37 million) to test its CE-marked Eclips for treating intracranial bifurcation aneurysms during a 119-patient trial at 20 French sites in 2021. Read More
CMS-medicare-reimbursement.png

$1.9T stimulus package could trigger 4% Medicare sequester

The voluminous American Rescue Plan – the second largest stimulus package in U.S. history – has something for everyone. Almost. The $1.9 trillion package that passed the Senate over the weekend and is expected to be passed by the House March 9 failed to extend the current moratorium, set to expire April 1, on the 2% Medicare sequestration. Read More

Appointments and advancements for March 8, 2021

New hires and promotions in the med-tech industry, including: Ventec Life Systems. Read More

Financings for March 8, 2021

Med-tech firms raising money in public or private financings, including: Sqi Diagnostics. Read More

In the clinic for March 8, 2021

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Exosome Diagnostics, Nanomedic. Read More

Other news to note for March 8, 2021

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Apollo Endosurgery, Avacta, Gallup, Dentsply Sirona, Hancock Jaffe, Hologic, Ion Beam Applications, Mainstay Medical, Motus GI, Ndc, North American Dental Group, North Star Medical Radioisotopes, Oxford Immunotec Global. Read More

Regulatory actions for March 8, 2021

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Adaptive Biotechnologies, Cochlear, Ortho Clinical Diagnostics, Promaxo, Siemens Healthineers. Read More

Regulatory front for March 8, 2021

The latest global regulatory news, changes and updates affecting medical devices and technologies, including: FDA blasts thermographic sensor system marketers; WHO to tackle breast cancer globally; PhRMA urges Biden to stand by IP rights; FDA ASCA workshop announced. Read More

BioWorld MedTech’s Cardiology Extra for March 8, 2021

Keeping you up to date on recent developments in cardiology, including: TAVR patients at low surgical risk still ahead vs. SAVR, but thrombosis a concern; Heart failure numbers nearly doubled between 1990 and 2017; COVID exerting large effect on heart health. Read More

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