MedTech

Vaccine maker BioNTech says no need to waive patents

The head of German pharmaceutical company BioNTech said Monday that there is no need to waive patents on coronavirus vaccines because manufacturers will be able to produce enough shots to supply the world over the coming year. Ugur Sahin, the chief executive of BioNTech, rejected the U.S.-backed proposal to temporarily lift some intellectual property rights […]

Pfizer's posts $4.9B 1Q profit as vaccine strategy pays off

Selling vaccines during a pandemic has boosted Pfizer’s bottom line and proven that a strategy it embarked upon over a decade ago is now paying off handsomely. The New York-based pharmaceutical giant reported Tuesday that it earned $4.9 billion in the first three months of the year and it dramatically raised its profit forecast for […]

VR treatment tool for PTSD enters clinical trials

It’s estimated by the American Psychiatric Association that one in 11 people will be diagnosed with posttraumatic stress disorder (PTSD) in their lifetime, but new virtual reality (VR) technology is providing hope for the recovery of those suffering.            UCF RESTORES, a nonprofit trauma research center and treatment clinic at the University of Central Florida, has […]

EU healthtech surges forward following pandemic

Europe’s healthtech companies are now worth $41 billion, up from $8 billion reported back in 2015, as the continent bolsters its position as the #2 in global healthcare expenditures, following the United States, a recent study by Dealroom, Inkep Capital, MTIP found. This spike in valuation can be attributed to the focus in telemedicine, operation […]

T‑Mobile and Zyter partner to deliver virtual healthcare access

T-Mobile and digital health provider Zyter are partnering up to bring virtual healthcare solutions, including telehealth and remote patient monitoring and care team collaboration, to more organizations and their patients, providing access to virtual care for underserved communities. The coronavirus pandemic enhanced all virtual aspects of life increase demand than ever before for virtual healthcare. […]

Official: EU agency to confirm AstraZeneca blood clot link

A top official at the European Medicines Agency says there’s a causal link between AstraZeneca’s coronavirus vaccine and rare blood clots, but that it’s unclear what the connection is and that the benefits of taking the shot still outweigh the risks of getting COVID-19. Marco Cavaleri, head of health threats and vaccine strategy at the […]

AUB starts U.S.-based company for research on cardiovascular disease

In a MedTech first for the Mediterranean country of Lebanon, a team from the American University of Beirut (AUB) has established a biotech corporation in the U.S. devoted research on biomarkers for cardiovascular disease. The school told Inside Telecom that team physicians and scientists from AUB have founded the first US-based biotech S-Corporation, Teucer Biotech […]

WebMD bestows Health Heroes Awards amid continuing pandemic

Health Portal, WebMD, announced Tuesday the winners of their 2021 Health Heroes Award, with recipients ranging from frontline health workers, the well-known infectious disease expert Dr. Anthony Fauci, a Native American fashion executive and a teen entrepreneur. For the WebMD editorial team, these persons, and more represent individuals working “tirelessly on the frontlines on the […]

World leaders call for pandemic treaty, but short on details

More than 20 heads of government and global agencies called in a commentary published Tuesday for an international treaty for pandemic preparedness that they say will protect future generations in the wake of COVID-19. But there were few details to explain how such an agreement might actually compel countries to act more cooperatively. World Health […]