Top 5 Medical Device News Posts: Aug. 13-19, 2014

medical-device-news-logo-19KMC Systems brings you the top 5 medical device news articles to keep you up-to-date on the latest medical device development, design and manufacturing industry information.

This week, discover a medical-innovation challenge, find out which medical companies are hiring, see where wearable medtech is headed, read why medical spending is up and meet the synthetic molecule that causes cancer cells to self-destruct.

1

Medline rolls out innovation challenge to collaborate with medical entrepreneurs

By Stephanie Baum

Medical and surgical supply distributor Medline Industries Inc. may be more than 100 years old, but it was originally started by entrepreneur A.L. Mills selling aprons to butchers in the stockyards of Chicago in 1910 before pivoting to operating gowns a few years later. It has grown into a $5.8 billion family business selling wheelchairs and canes, and hospital apparel. But like many companies in healthcare, it’s faced with the challenge of how to continue to make itself relevant at a time when healthcare reform is changing how companies do business. 

Read more on Med City News.

2

Which Device Companies Are Hiring and Which Are Not?

By Chris Newmarker 

Employee head counts among 10 of the largest stand-alone medical device companies grew by nearly 5% over the past four years, according to a Qmed analysis of annual report filings with the U.S. Securities and Exchange Commission.

Read more on QMed.

3

Wearables Move From the "Worried Well" Consumer Market to Clinical Domain

By Arundhati Parmar

The true value of wearable technologies lies in the regulated medical world where it can affect large-scale change, writes Wende Hutton, a West Coast venture capitalist. 


Read more on MDDI.

4

Medical Spending is on the Upswing

By Jamie Hartford

After years of contraction due largely to the economic downturn, growth in medical spending is expected to accelerate next year—albeit slowly—according to a recent report from PwC's Health Research Institute. The modest increase in medical costs is nothing like the double-digit jumps seen prerecession but does signal that consumers may finally be starting to seek out care they put off during tough times.

Read more on MDDI.

5

New Synthetic Molecule Causes Cancer Cells To Self-Destruct

By Chuck Seegert, Ph.D.

An international team led by University of Texas researchers has shown for the first time that ion transport can induce cancer cell self-destruction.

Read more on Med Device Online.

Share your thoughts on any of these articles in the comments below.

 

                     

Topics: KMC Systems, medical device news, medical innovation