Medtronic’s Design for Reliability and Manufacturability after the reorganization

Mike Hess is VP of corporate technology and innovation at Medtronic. [Photo courtesy of Medtronic]

“Play small and play big” was one of CEO Geoff Martha’s mantras as he and his team reorganized Medtronic (NYSE:MDT), the biggest corporation in medtech.

The multi-year effort decentralized Medtronic’s three big groups — cardiology, neuroscience and medical surgical — into 20 narrowly focused operating units (OUs).

“The OUs can maintain focus and accountability, execute faster and make quicker decisions, while retaining the advantages of size and scale. … Play small and play big,” Martha said in an October 2020 communique.

Fast forward to today. Mike Hess, VP of corporate technology and innovation, calls Medtronic’s Design for Reliability and Manufacturability (DRM) program a “great example of the play big, play small mindset.”

“The DRM team…

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July 2022 Issue: Pulsed-field ablation, DeviceTalks Boston and the Pharma 50

 

What is pulsed-field ablation? Here’s what you need to know

Dexcom CEO expects ‘science boom’ with CGM, automated insulin delivery

Tips for vetting contract manufacturers

They said it at DeviceTalks Boston

FDA can’t explain drop in device recalls, but experts point to COVID disruption

2022 Pharma 50: The 50 largest pharmaceutical companies

Innovators shake up the Pharma 50

As a father raising a toddler and an infant, I was relieved by the latest milestone in the COVID-19 pandemic: the authorization of vaccines for children between 6 months and 5 years.

The good news came as Pharma Editor Brian Buntz and the rest of our team were putting the final touches on this edition’s Pharma 50 project. It’s our annual ranking of the biggest pharmaceutical companies by global revenue, featured on our affiliated Drug Discovery & Development site. (Our Big 100 report on largest medic…

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How Boston Scientific uses clinical feedback to advance innovation

Put simply, the reason most people enter the medtech space is to make a big difference in the lives of patients.

However, the process isn’t always straightforward,

That’s according to Boston Scientific (NYSE:BSX) SVP of Urology and Pelvic Health Meghan Scanlon. Speaking on the “How Boston Scientific uses clinical feedback to advance innovation” panel at DeviceTalks Boston last week, Scanlon explained how vital the early stages of product development can be.

“Early on, have a strong hypothesis for what your value proposition is going to be,” Scanlon said. “But, don’t go etch it in stone tablets. Use a pencil or an erasable marker and constantly test and validate it. Have an understanding of what your evidence generation plan is going to be over time and don’t let the pursuit of perfection be the enemy of progress.”

Scanlon was joined by Boston Scientific VP of Corporate Digital and Patient & Referrer Marketin…

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DeviceTalks Boston hosting MedTech Innovator mid-stage pitch competitions on May 10-11

BOSTON – Twenty-six mid-stage medical device startups will pitch their exciting medtech stories at DeviceTalks Boston on May 10-11 at the Boston Convention & Exhibition Center as part of the MedTech Innovator Mid-Stage Companies Pitch Event. 

The pitch event is thanks to a new partnership between DeviceTalks, organizer of a portfolio of events and podcasts serving the medical device community, and MedTech Innovator, the world’s largest medical technology accelerator. 

“We’re proud to host MedTech Innovator at DeviceTalks Boston,” says Tom Salemi, editorial director of DeviceTalks. “Paul Grand and his team do more than help medical device companies tell their stories. They provide a best-in-class global network of corporate partners, advisors and investors that build strong new device and healthtech companies.”  

DeviceTalks Boston attendees will be invited to watch the presentations as part of the event’s “Innovation & Investment” track on …

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DeviceTalks Boston hosting MedTech Innovator mid-stage pitch competitions on May 10-11

BOSTON – Twenty-six mid-stage medical device startups will pitch their exciting medtech stories at DeviceTalks Boston on May 10-11 at the Boston Convention & Exhibition Center as part of the MedTech Innovator Mid-Stage Companies Pitch Event. 

The pitch event is thanks to a new partnership between DeviceTalks, organizer of a portfolio of events and podcasts serving the medical device community, and MedTech Innovator, the world’s largest medical technology accelerator. 

“We’re proud to host MedTech Innovator at DeviceTalks Boston,” says Tom Salemi, editorial director of DeviceTalks. “Paul Grand and his team do more than help medical device companies tell their stories. They provide a best-in-class global network of corporate partners, advisors and investors that build strong new device and healthtech companies.”  

DeviceTalks Boston attendees will be invited to watch the presentations as part of the event’s “Innovation & Investment” track on …

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DeviceTalks Boston returns with a unique approach for medtech connections and development

DeviceTalks Boston speakers include Meghan Scanlon, senior vice president at Boston Scientific and president of its urology and pelvic health business. [Photo courtesy of Boston Scientific]A few months back, I wrote what was best described by a colleague as a “salty” Medical Design & Outsourcing column in which I demanded conference organizers like myself step up our game if we expect to bring back attendees.

“For too long, conference organizers have relied upon a potent cocktail of FOMO and habit,” I wrote in one particularly briny portion. “Sure, organizers try to amp up content, introduce cool partnering apps and a few gimmicks. (One recent healthcare meeting had puppies, actual puppies … gimmicky, but intriguing.)”

Here I am, four months later, and I still agree with me!

We’ve been working harder — and smarter — to assemble the agenda of DeviceTalks Boston, coming up May 10–11 at the Boston Convention and Exhibition Center. And while I can’t deliver…

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Stryker CEO Lobo talks success of Wright Medical merger, increasing competitiveness of surgical robotics

Stryker CEO Kevin Lobo CEO Kevin Lobo has a lot to be excited about at Stryker — the world’s largest orthopedic device company.

Kevin Lobo has seen many successful acquisitions at Stryker’s helm in the last 10 years. The Kalamazoo, Michigan medtech giant’s recent acquisition of Wright Medical has positioned the company to expand its orthopedics range – adding upper extremities to its vast portfolio of orthopedic devices and robotics.

Stryker announced the $4.7 billion acquisition of Wright Medical in November 2019 but didn’t fully acquire the company until November 2020 because of concerns raised by U.S. and U.K. regulators.

The company added Wright’s upper extremities (shoulder, elbow, wrist and hand), lower extremities (foot and ankle) and biologics devices to its portfolio. It then separated and re-organized its businesses into three separate business units within Stryker: upper extremities, core trauma and lower extremities. Read more

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Stryker CEO Lobo talks success of Wright Medical merger, increasing competitiveness of surgical robotics

Stryker CEO Kevin Lobo

CEO Kevin Lobo has a lot to be excited about at Stryker — the world’s largest orthopedic device company.

Kevin Lobo has seen many successful acquisitions at Stryker’s helm in the last 10 years. The Kalamazoo, Michigan medtech giant’s recent acquisition of Wright Medical has positioned the company to expand its orthopedics range – adding upper extremities to its vast portfolio of orthopedic devices and robotics.

Stryker announced the $4.7 billion acquisition of Wright Medical in November 2019 but didn’t fully acquire the company until November 2020 because of concerns raised by U.S. and U.K. regulators.

The company added Wright’s upper extremities (shoulder, elbow, wrist and hand), lower extremities (foot and ankle) and biologics devices to its portfolio. It then separated and re-organized its businesses into three separate business units within Str…

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Keys to protecting your medtech AI from competitors

AI is a hot area in medtech.  A panel of intellectual property experts had advice on protecting the IP.

DeviceTalks

[Image from Pixabay]

Between 2002 and 2019, annual AI patent applications more than doubled, and AI patent applications increased from 9% of all patent applications to 16%. AI is a white-hot area for investment and creation of valuable intellectual property, including artificial intelligence related to medical devices.

Protecting medical device-related AI was the topic of a recent episode of MassDevice and Medical Design & Outsourcing’s DeviceTalks Tuesdays, sponsored by Finnegan, a law firm that handles all aspects of IP.

The discussion involved Anthony Del Monaco and Cecilia Sanabria, both partners at Finnegan, and two CEOs of healthcare companies that have developed exciting AI-related IP: Jan De Backer, CEO of Fluidda, a respiratory imaging company, and Todd Usen, CEO o…

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How Stryker is using 3D printing to advance orthopedics

Orthopedic device giant Stryker uses additive manufacturing to make porous geometries that wouldn’t otherwise be possible

DeviceTalks

3D printing, also called additive manufacturing, provides the ability to create new products and designs that are incredibly complex and hard to machine. For 20 years, Stryker has been on a journey to use additive manufacturing specifically to produce complex orthopedic implants. As a result, the company has made great strides when it comes to the way that orthopedic implants are designed and produced.

On a recent episode of our DeviceTalks Tuesdays webinar — sponsored by GE Additive, Foster, and Siemens — Stryker executive Naomi Murray detailed the company’s two-decade additive manufacturing journey. Murray, the company’s director of advanced operations for additive technology, described how innovations utilizing 3D printing make healthcare better.

Go to our sister site Medical Design & Outsourcing to read four takeaw…

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How Stryker is using 3D printing to advance orthopedics

Orthopedic device giant Stryker uses additive manufacturing to make porous geometries that wouldn’t otherwise be possible

DeviceTalks

3D printing, also called additive manufacturing, provides the ability to create new products and designs that are incredibly complex and hard to machine. For 20 years, Stryker has been on a journey to use additive manufacturing specifically to produce complex orthopedic implants. As a result, the company has made great strides when it comes to the way that orthopedic implants are designed and produced.

On a recent episode of our DeviceTalks Tuesdays webinar — sponsored by GE Additive, Foster, and Siemens — Stryker executive Naomi Murray detailed the company’s two-decade additive manufacturing journey. Murray, the company’s director of advanced operations for additive technology, described how innovations utilizing 3D printing make healthcare better.

Here are four takeaways on how additive manufacturing is advancing orthope…

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The advantages of laser-cut tube (LCT) catheters

Here’s how laser-cut tube (LCT) catheters compare to traditional catheters: the design process, functional advantages, test methods and cost comparisons. 

DeviceTalks

The medical device community has a long history of using braided and coil-based catheter constructs. But these traditional constructs present multiple performance-based issues. “With the advent of the laser-cut tube capability we have at Resonetics, it’s opened up a lot of options for catheter manufacturing,” said Dave Rezac, VP of design and development services at the company, in a recent DeviceTalks Tuesdays webinar.

Kevin Hartke, Resonetics’ chief technical officer, joined Rezac in the Resonetics-sponsored webinar to discuss how their company studied the comparative performance of LCT versus traditional catheter constructs.

Go to our sister site Medical Tubing + Extrusion and read four takeaways on how LCT compares to the traditional catheter construct.

Provided to Medical Design…

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