07 December 2023
07 December 2023
As the year draws to an end the Medical Device Network looks back at some of the biggest events of 2023 in the medical device industry.
Kiays Khalil December 07 2023
The year has had ups and downs from artificial intelligence regulation to industry wide layoffs there has been a lot to cover. The Medical Device Network has put together a short video to recap the biggest events of the year to help you process the news going into 2024.
The Medical Device Manufacturing Centre has said that the funds are earmarked to expand research into durable and degradable polymers for devices.
The Bill & Melinda Gates Foundation grant will fund the development of dissolvable microneedle array patches for administering mRNA therapies.
Metabolon plans to use the funds to identify biomarkers of PCOS and modernise the classification of the disease subtypes.
The collaboration focuses on the evaluation of real-world data study designs and methods for informing regulatory objectives.
The data from the trial will be used to obtain approval from the US Food and Drug Administration (FDA) for the system.
AbbVie will pay $30m upfront and up to approximately $325m in milestone-based payments for treatments in neuroscience and oncology.
The company plans to conduct several trials with its drug-device combo in schizophrenia and opioid use disorder over the next couple of years.
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Although metaverse technologies could reinvent healthcare approaches and bring new experiences to healthcare providers and patients, adoption is still at an early stage. There are currently few use cases in the healthcare industry. The metaverse needs to overcome major challenges for healthcare, including regulation and data privacy concerns.
Cybersecurity is a growing market in the medical devices sector for several reasons. Medical devices often collect and contain vulnerable data, such as patient medical information. Legacy medical devices are a cause for concern because they likely were not designed with cyberattacks in mind. With the adoption of EHR systems, telemedicine measures, mobile health apps, and other connected devices, there is increased vulnerability to cyberattacks.
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