Diabetes: Page 3
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FDA warns against using smart wearables that claim to measure blood sugar
Unauthorized smartwatches and smart rings are “manufactured by dozens of companies and sold under multiple brand names,” according to the agency.
By Nick Paul Taylor • Feb. 23, 2024 -
Insulet wins CE mark for integration of insulin pump with Abbott CGM
The clearance positions Insulet to sell the integrated Type 1 diabetes product in Europe beginning in the first half of the year.
By Nick Paul Taylor • Feb. 8, 2024 -
FDA extends deadline for comments on role of digital health in diabetes detection
The agency is seeking answers on how digital health technologies could be used in the detection of prediabetes and Type 2 diabetes.
By Nick Paul Taylor • Jan. 31, 2024 -
Abbott says all four segments stronger than pre-pandemic
CEO Robert Ford said investing in its base business using COVID-19 testing revenues was “absolutely the right strategy.”
By Elise Reuter • Jan. 24, 2024 -
3 bellwether companies to watch as medtech earnings season begins
J&J, Intuitive Surgical and Abbott kick off this week with fourth-quarter reports.
By Nick Paul Taylor • Jan. 22, 2024 -
Abbott CEO talks diabetes market, device pricing at J.P. Morgan conference
CEO Robert Ford is “very confident” in Abbott’s ability to pass $10 billion in sales of its Libre continuous glucose monitor products by 2028.
By Elise Reuter • Jan. 10, 2024 -
Medtronic focused on delivering durable revenue and profit growth
“Our top priority is restoring our earnings power, full stop,” CEO Geoff Martha said Monday at the J.P. Morgan Healthcare Conference.
By Susan Kelly • Jan. 9, 2024 -
Dexcom plans to launch new CGM this summer for people who don’t take insulin
The company also shared earnings expectations for 2024 at the J.P. Morgan Healthcare Conference.
By Elise Reuter • Jan. 9, 2024 -
Abbott, Tandem launch new hybrid closed-loop insulin delivery system
Competitor Medtronic also received a CE mark for a new CGM sensor that can integrate with its 780G pump.
By Elise Reuter • Jan. 8, 2024 -
BTIG analysts optimistic medtech will rebound in 2024 after ‘string of rough years’
Rising interest rates, fears about the impact of GLP-1 drugs and “choppy supply-chain dynamics” dragged on the industry this year, the analysts wrote.
By Nick Paul Taylor • Dec. 18, 2023 -
Tandem completes US launch of revamped diabetes management platform
The platform, Tandem Source, combines the features of the company’s legacy t:connect offerings with new data reports.
By Nick Paul Taylor • Dec. 15, 2023 -
Medtronic scraps plans to buy insulin patch-pump maker EOFlow
Medtronic cited “multiple breaches” of the companies’ agreements. EOFlow has been embroiled in patent lawsuits with Insulet this year.
By Elise Reuter • Dec. 7, 2023 -
Dexcom, Hologic picked to outperform in 2024: William Blair
For the medtech industry overall, the analysts wrote that procedure volume growth is likely to normalize after declining due to the COVID-19 pandemic.
By Nick Paul Taylor • Dec. 7, 2023 -
Unomedical recall of infusion sets tagged as Class I by FDA
The company notified Tandem Diabetes Care, its sole consignee, in October of the risk for infusion sets to detach from insulin pumps, disrupting insulin delivery.
By Nick Paul Taylor • Nov. 28, 2023 -
Q&A
Embecta CEO Dev Kurdikar talks about growth expectations, GLP-1s
The CEO said the company’s growth expectations have not changed in the near term, even with the rise of weight loss drugs.
By Elise Reuter • Nov. 21, 2023 -
Q&A
Abbott Diabetes Care CMO Mahmood Kazemi on expanding CGM access
Kazemi hopes anyone with diabetes will be able to access the technology, even people who don’t take insulin.
By Elise Reuter • Nov. 17, 2023 -
Wegovy study details revive debate over GLP-1 impact on devices
The data confirmed a cardiovascular benefit for heart patients and showed the drug could help pre-diabetic patients control their blood sugar.
By Susan Kelly • Nov. 13, 2023 -
NICE backs use of hybrid closed loop systems for Type 1 diabetes, if companies offer discounts
The group’s recommendation gives around 150,000 people with Type 1 diabetes living in England the chance to access the systems, according to an NHS England official.
By Nick Paul Taylor • Nov. 9, 2023 -
Diabetes tech firms focusing on Type 2 patients
Leaders from Abbott, Dexcom, Tandem and Insulet expect Type 2 uptake of their insulin pumps and CGMs to accelerate as coverage improves and new devices reach the market.
By Elise Reuter • Nov. 7, 2023 -
5 companies to watch as medtech earnings wind down
Zimmer Biomet, BD, Masimo, Illumina and Medtronic are all set to report financial results as the medtech earnings season draws to a close.
By Nick Paul Taylor • Nov. 6, 2023 -
Drilling down on obesity drugs: What medtech executives are saying
Investor concerns that interest in GLP-1s will slow demand for medical devices and procedures have shaved roughly $370 billion in value from stocks across the medtech sector, according to research by Mizuho.
By Susan Kelly • Nov. 2, 2023 -
GE HealthCare’s imaging AI will become ‘increasingly meaningful’ to growth: Moody’s
Even if modestly accretive, AI could support longer-term revenue targets at GE HealthCare and its competitors, Moody’s analysts wrote.
By Nick Paul Taylor • Oct. 27, 2023 -
GE HealthCare, Novo Nordisk partner to use ultrasound to treat diabetes, obesity
The collaborators will study the use of peripheral focused ultrasound as a non-invasive, non-pharmacological method of managing blood glucose.
By Nick Paul Taylor • Oct. 25, 2023 -
Insulet receives FDA clearance for Omnipod 5 iPhone app
The application removes the need for patients with iPhones to carry a separate controller to manage bolus dosing.
By Elise Reuter • Oct. 23, 2023 -
Abbott raises outlook amid strong Q3, sees momentum into 2024
Sales of the FreeStyle Libre continuous glucose monitor rose nearly 31% despite investor worries about the potential impact of weight-loss drugs on demand.
By Susan Kelly • Oct. 18, 2023