Industry News

We found the following news articles worth reading …
#SanstecSnippets

PerkinElmer picks up Covaris’ sample prep portfolio in New Mountain-led deal - What remained of the previous company—namely its diagnostics, medtech and biopharma R&D divisions - officially took on a new shade of yellow two months later and currently lives under the title Revvity.
https://www.fiercebiotech.com/medtech/perkinelmer-picks-covaris-sample-prep-portfolio-new-mountain-led-deal

3 medtech spinoffs that reshaped the industry in 2023, and what to expect next - GE HealthCare, Johnson & Johnson and Danaher completed transactions this year. Baxter, 3M and Medtronic are now on deck.
https://www.medtechdive.com/news/spinoffs-medtech-2023-jj-medtronic-baxter-ge/699981/

GSK aims to slash carbon emissions with next-generation inhaler - it plans to start late-stage trials of a low-carbon version of its metered dose inhaler (MDI) Ventolin utilizing a next-generation propellant in 2024.
https://www.fiercepharma.com/pharma/plans-late-stage-studies-next-year-gsk-could-file-approval-low-carbon-ventolin-inhaler-2025

LinkedIn Launches ‘Guide to Creating’ To Provide More Tips for Members - LinkedIn has changed the name of its “Linkedin for Creators” profile to “LinkedIn Guide to Creating”, as it refocuses its efforts on guiding creators within the app.
https://www.socialmediatoday.com/news/linkedin-launches-guide-creating-provide-more-tips-for-members/701784/

What is Neural Graphics? An Introduction for Engineers - The marriage of AI and 3D graphics is pushing the boundaries of visual computing, and engineering could change forever.
https://www.engineering.com/story/what-is-neural-graphics-an-introduction-for-engineers

10 AI Features for Simulation Engineers Coming in 2024 -
https://www.engineering.com/story/10-ai-features-for-simulation-engineers-coming-in-2024

Top 4 Predictions for Manufacturing in 2024 -
https://www.engineering.com/story/top-4-predictions-for-manufacturing-in-2024

Roundup: Medtech M&A slump continues but analysts predict uptick in 2024 -
https://www.medtechdive.com/news/medtech-deals-mergers-2023-review/702724/

Olympus receives Class I recall label for another bronchoscope safety issue -
https://www.medtechdive.com/news/olympus-bronchoscope-recall-warning-letters/699719/

Philips faces Class I recall for MRI machines at risk of explosion -
https://www.fiercebiotech.com/medtech/philips-faces-class-i-recall-mri-machines-risk-explosion

Roundup: Top medtech companies cut jobs in 2023 - Johnson & Johnson, Medtronic and Abbott were among the top companies to announce layoffs this year as the industry implemented cost-cutting measures.
https://www.medtechdive.com/news/medtech-layoffs-2023-3M-abbott-jnj-medtronic/700228/

An Overview of the Evolving Generative AI Landscape -
https://www.socialmediatoday.com/news/generative-ai-landscape-tools-infographic/703150/

J&J's pharma group quietly works through global overhaul, with layoffs expected to reach multiple countries -
https://www.fiercepharma.com/pharma/johnson-johnson-quietly-works-through-global-overhaul-layoffs-spreading-multiple-countries

J&J to restructure orthopedics business - J&J is now focusing on its medtech and biopharma segments. The divestiture raised $13.2 billion in proceeds for J&J.
https://www.medtechdive.com/news/jnj-q3-earnings-orthopedics-restructure/696798/

European Commission formalizes plan to extend MDR transition out to 2027, 2028 -
https://www.medtechdive.com/news/europe-extend-mdr-transition/639903/

The FDA approved 2 renal denervation devices. There are still questions about who will benefit -
https://www.medtechdive.com/news/renal-denervation-recor-medtronic-evidence/702385/

Bosch launches world’s smallest MEMS accelerometers for wearables and hearables -
https://www.eurekamagazine.co.uk/content/news/bosch-launches-world-s-smallest-mems-accelerometers-for-wearables-and-hearables

Upcycling battery materials for next generation EV batteries - University of Birmingham researchers have demonstrated a method to upcycle end-of-life battery waste into materials that can be used for ‘next generation’ battery cathodes.
https://www.eurekamagazine.co.uk/content/news/upcycling-battery-materials-for-next-generation-ev-batteries

Spring launch for electric bike from Lotus -
https://teng.mydigitalpublication.co.uk/publication/?m=63621&i=811253&p=6&ver=html5 page 7

Recipharm Announces Collaboration with Oz-UK - Recipharm has announced a collaboration with Oz-UK, a Contract Research Organisation (CRO) and provider of solutions for respiratory R&D, to accelerate the development and manufacture of “green” pressurised metered dose inhalers (pMDIs). The pMDIs will utilise valves and actuators from Recipharm’s Bespak brand, and a new generation of low global warming potential (GWP) propellants.
https://pharmaceuticalmanufacturer.media/pharma-manufacturing-news/pharmaceutical-sustainability-news/recipharm-announces-collaboration-with-oz-uk/