Sweeping tariffs on Mexico, China and Canada were imposed at midnight, March 4, with President Donald Trump stating in remarks at the White House that there would be no last-minute deals, The New York Times reported March 3.
Supply Chain
Johnson & Johnson MedTech issued a recall for its Biosense Webster Varipulse Bi-Directional Ablation Catheter following reports of strokes and transient ischemic attacks in patients undergoing procedures with the device.
Boston Scientific has reached an agreement to acquire SoniVie, a medical device company developing the TIVUS Intravascular Ultrasound System, an investigational technology aimed at treating hypertension through renal artery denervation.
As the healthcare industry continues to embrace digital innovation, artificial intelligence continues to play an increasingly pivotal role in helping to optimize supply chain operations.
Phillips has introduced SmartSpeed Precise, an updated AI-powered technology for MRI scanners, aiming to improve scan speed and image quality.
The International Longshoremen's Association has overwhelmingly voted to ratify a new six-year labor contract with the U.S. Maritime Alliance, Bloomberg reported Feb. 25.
President Donald Trump confirmed that 25% tariffs on imports from Canada and Mexico, along with a 10% additional tariff on Chinese imports, will take effect March 4, according to a Feb. 27 post to Truth Social.
Since establishing its own group purchasing organization in 2018, Phoenix-based Banner Health has aimed to drive cost savings and improve supply chain efficiencies across its network.
Eli Lilly plans to invest $27 billion in four new pharmaceutical manufacturing facilities in the U.S., expanding its domestic production of medications across multiple therapeutic areas.
The FDA has approved Medtronic's Brainsense Adaptive deep brain stimulation for patients with Parkinson's disease.