MedTech

New MedTech innovation allows tumors to eliminate themselves

MedTech seems to be reaching a new stride everyday as investments into the sector pour in at an accelerated rate, mainly due to the on-going global health crisis. As such, a new technology has been developed by the University of Zurich (UZH), where researchers have successfully achieved innovation that allows the body to produce therapeutic […]

Telemedicine to save healthcare industry $21 billion by 2025

It is without a shadow of a doubt that telemedicine was the champion of the health technology sector during the pandemic, allowing patients the ability to receive consultations and treatments by their doctors without the need for in-person appointments. The COVID-19 pandemic brought with it a tidal wave of technological acceleration across all forms of […]

Panel suggests WHO should have more power to stop pandemics

A panel of independent experts who reviewed the World Health Organization’s response to the coronavirus pandemic says the U.N. health agency should be granted “guaranteed rights of access” in countries to investigate emerging outbreaks, a contentious idea that would give it more powers and require member states to give up some of theirs. In a […]

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 […]