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FDA approves BioVentrix's heart implant
The FDA Nov. 20 approved BioVentrix's revivent TC transcatheter ventricular enhancement system, a device to treat heart failure, according to Medical Device Network.
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AdvaMed says FDA proposal for new medical device program unclear
The FDA is trying to create a new program to allow patients faster access to lifesaving medical devices, but the Advanced Medical Technology Association, a lobbying group that represents 97 percent of the country's medical devicemakers, said the agency needs to refine the program's requirements, according to MedTech Dive.
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Viewpoint: Faster innovation needed for children's medical devices
Innovation in medical devices targeted toward children occurs much slower than it does for adults, Kurt Newman, MD, president and CEO of Children's National Hospital in Washington, D.C., wrote in an opinion piece for The Hill.
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2 more deaths, 60 device failures linked to Getinge's heart balloon pump
Two deaths, one serious injury and more than 60 medical device reports have been linked to Maquet/Datascope's intra-aortic balloon pumps in the past year, the FDA warned healthcare providers in a Nov. 19 letter.
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FDA clears Pentax's new duodenoscope design for marketing
The FDA Nov. 15 approved the marketing of Montvale, N.J.-based Pentax of America's new duodenoscope design that reduces the chances of transmitting infection-causing bacteria between patients.
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Supply chain tip of the day: A focus on supply delivery mode can generate significant savings
Optimizing the way products are received and stored is a key strategy hospitals can use to contain distribution costs, eliminate waste, free up storage and reduce touches by staff throughout the supply chain, according to Matt Bruggeman, director of solutions development for the Presource Products and Services business at Cardinal Health
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Optimize supply delivery mode to cut waste, maximize storage, save money
Supply chain management costs consistently rank as a top expense for hospitals and health systems — prompting leaders to be on the lookout for new ways to save money.
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Trump threatens to hike tariffs on China if deal not reached
President Donald Trump said the U.S. will "substantially raise" tariffs on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement, Bloomberg reports.
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10 hospitals seeking supply chain talent
Ten hospitals and health systems posted job listings seeking supply chain expertise in the last week:
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FDA still allowing devicemakers to shield medical device safety flaws from the public
The FDA has allowed several devicemakers to file secretive reports on device-related harm and malfunctions, despite the agency saying it wants more transparency on device safety, according to the Star Tribune.
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Hospitals overspending by billions on supply chain expenses, study finds
Hospitals are overspending by $25.7 billion on supply chain expenses annually, a Navigant analysis of 2,127 hospitals found.
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Mastercard tests blockchain for supply chain
Mastercard has teamed up with Envisible to roll out its blockchain system to better track food.
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FDA proposal for medical device approvals a 'terrible idea,' advocacy group says
Sens. Elizabeth Warren, D-Mass., and Patty Murray, D-Wash., sent a letter to the FDA Nov. 4 expressing concerns that the agency plans to weaken approval standards for medical devices.
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Fagron to pay $22M to settle claims it inflated prices
Fagron agreed to pay $22.05 million to resolve allegations that its subsidiary, Freedom Pharmaceuticals, intentionally inflated average wholesale prices for its ingredients to increase reimbursements from federal healthcare programs.
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10 hospitals seeking supply chain talent
Ten hospitals and health systems posted job listings seeking supply chain expertise in the last week:
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FDA panel searching for alternative medical device sterilization techniques
The FDA is holding a two-day meeting with the General Hospital and Personal Use Devices Panel to develop strategies to reduce reliance on ethylene oxide to sterilize medical devices.
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FDA encourages more US drug manufacturing amid global recalls
The FDA is encouraging drugmakers to invest in production technologies that would bring manufacturing back to the U.S. as several recalls call into question the safety of the global drug supply chain, according to Bloomberg.
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Medline to hire 2,000 workers
Medline is hosting a one-day national hiring event Nov. 7 seeking to hire 2,000 employees.
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Stryker to buy Wright Medical for $5.4B
Stryker will acquire Wright Medical Group for a total enterprise value of about $5.4 billion.
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