Protolabs to open new Twin Cities plant

Quick-turn manufacturer Protolabs (NYSE: PRLB) plans to have a new plant opened by the end of the year in the northern Minneapolis suburb of Brooklyn Park. Protolabs announced the purchase of the 152,000-square-foot facility on March 16. Financial terms of the deal were not disclosed, but county property records show the building was last sold

Complex injection molding: What you need to know

With careful planning, complex injection molding can reduce costs, optimize functionality and improve aesthetics in medical devices. Ken Glassen, Kaysun Corp.  As medical device design evolves to provide ever-improving healthcare outcomes, manufacturers are partnering with full-service, experienced complex injection molders to gain the increased design freedom and process efficiencies necessary to keep pace with medical

MD&M West: Here’s what you may have missed

MD&M West is one of the largest medical device manufacturing events in the world, so it’s easy to lose your way on the show floor. Even if you were in Anaheim, Calif., for the February 2018 event, you may have missed a lot. From Omron to Micromo to MedPlast to Apex Motion Control, WTWH Media

Medical device startups: Here’s how you handle regulatory and reimbursement

The two “Rs” — regulatory and reimbursement — are critical elements of the environment in which a medical device product is developed. Bill Betten, Betten Systems Solutions This is the fourth in a series of articles that discusses the design of innovative products in the highly regulated medical environment.  But the “environmental” factors of regulatory and reimbursement actually

Risk management for cloud-powered medtech: What you need to know

Cloud-enhanced medical devices are on the rise. There are some incredible benefits to the trend, as well as some increases in risk. Medtech developers should take note of the risks to properly develop a risk management strategy.  Michael Ford, Pro Back Office As we kickstart 2018, there are increasing concerns and risk challenges for the

Medical device reimbursement: How it’s a brave new world

Populations in developing countries are aging. Healthcare systems are feeling even more financial pressure. In response, there’s been a shift toward payment models in the U.S. and elsewhere that emphasize “value.” In other words, health providers need to run more efficiently and effectively to get paid. Medical device reimbursement will never be the same. “This

8 women medtech innovators you need to know

As we celebrate more women becoming medtech leaders and paving the way for innovation, it’s important to remember the many accomplishments women have already made when it comes to the advancement of health and medicine. X-rays on the battlefield, the American Red Cross, leprosy treatment and more — these advances happened because of women. As

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Optum CEO Renfro steps down to lead expanded investment fund

In a major personnel shift, UnitedHealth Group announced this week that Larry Renfro, CEO of its subsidiary Optum, will step away from the corner office to become managing partner of Optum Ventures and its expanded $600 million investment fund. Ex-GlaxoSmithKline chief executive, Andrew Witty, will take Renfro’s place as CEO of Optum on July 1,

What is the hottest medtech startup of 2018?

When Medical Design & Outsourcing ran a roundup last year of the hottest medtech startups of 2017, it was one of our most popular stories. So we’re planning to come back this year with a new roundup of the hottest medical device startups. We’d like to hear from you, our readers, about which medtech startups you’re

K2M leads the pack with 3D printing for spine, analysts say

K2M (Nasdaq: KTWO) continues to lead the 3D printed spine device market with its new 3D printed Mojave expandable cage and its Cascadia family of 3D printed implants, according to a new equity research report out of Barclays. Leesburg, Va.–based K2M presently has a 3D printed portfolio with 10 approved products making up about 12%

Medtech stories we missed this week: March 16, 2018

From Intricon expanding its manufacturing space to Arthrex signing a global distribution deal, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. Intricon expands medical footprint Intricon announced in a March 13 press release that it has signed a 5-year lease that will secure 30,000 sq. ft of manufacturing

Mayo Clinic and Orbita forge partnership to expand health and wellness content reach

Mayo Clinic and Orbita recently announced that they have collaborated to deliver Mayo Clinic’s health and wellness content through digital voice assistants — with the goal of improving patient education, engagement and quality of care. Orbita’s digital experience management services include voice and conversational artificial intelligence technologies that work with chatbots, Amazon Alexa, Google Home and more. Mayo Clinic,

Hologic partners with University of Minnesota on athletic performance software

Hologic (Marlborough, Mass.) has signed an exclusive agreement with the University of Minnesota to be the distributor of the university-developed Dexalytics: Teams athletic performance software in North America. The financial terms of the agreement were not disclosed. Hologic’s Horizon dual X-ray absorptiometry (DXA) system already provides precise body composition assessment. What the cloud-based Dexalytics software is

SEC charges Theranos, CEO Holmes with ‘massive fraud’

The US Securities and Exchange Commission today charged controversial blood-testing developer Theranos, founder & CEO Elizabeth Holmes and former prez Ramesh Balwani with “massive fraud” – charges which Theranos and Holmes have agreed to resolve, according to the SEC. Charges include claims that the company raised more than $700 million from investors in “an elaborate,

Medtech’s existential crisis and how it can survive

Executives in medtech and other life sciences companies view digital health startups and high tech giants as an existential threat. To compete, they’re going to have to invest in or acquire customer engagement and personalization skills usually associated with online retailers and social networking sites, according to a new report out today from EY. The