4. Medtech continues to get more high tech
There was some major news in this area over the past month: Apple said it will partner with telemedicine company American Well and Stanford University to test the performance of its Series 3 Apple Watch to detect heart arrhythmias. The news came amid an upgrade of the Apple Watch’s heart rate sensor.
The Apple news was but the latest example of high-tech companies becoming more involved in the medical space.
Meanwhile, Johnson & Johnson CEO Alex Gorsky has said the medical device giant remains on track with its Verb Surgical robotic surgery partnership with Google’s Alphabet sister company Verily Life Sciences. And Microsoft recently made a significant hire in the U.K. related to its Healthcare NExT initiative.
Other top stories
- Medrobotics CEO Samuel Straface in August reportedly stumbled across an unaccounted-for person going through laptops in a secure conference room at the company’s Raynham, Mass.-based headquarters. Dong Liu – a dual citizen of Canada and China – was charged in federal court with attempting to steal trade secrets.
- Stryker announced in August that it was recalling some of the products sold by subsidiary Sage Products, which it acquired for $2.6 billion last year. Sages products are designed to prevent so-called “never events.”