July has been an exciting month for MedTech, featuring significant breakthroughs, collaborations, and milestones shaping the industry's future. This month, we've witnessed the innovation of a Tourette's therapy wristband, a promising partnership between Abbott and Medtronic for automated insulin delivery, a responsible recall by Medtronic for their nerve monitoring system, the launch of digital case studies by Life Sciences Hub Wales, and the MBE awarded to the CEO of Medilink UK. Join us as we provide a closer look at these top stories, offering a glimpse into the ever-evolving and transformative world of medical technologies as we welcome you to our What's new in MedTech July edition.
1. Spinout Secures £500k for Tourette's Therapy Wristband
A University of Nottingham spinout, Tisuto Ltd, has secured £500k in funding for their wristband designed to treat Tourette's syndrome. The wearable technology utilizes electrical stimulation as an alternative form of therapy to help manage involuntary tics. Read more about this innovative treatment below.
Medtronic has partnered with Abbott in a non-exclusive agreement to develop an innovative automated insulin delivery system. The partnership will integrate Abbott's glucose sensing technology with Medtronic's cutting-edge insulin delivery systems, improving diabetes management and care. Learn more about this collaboration here.
3. Medtronic Recalls Nerve Monitoring System
Medtronic has voluntarily recalled its NIM Neuro IntelliVue Nerve Monitoring System due to a manufacturing issue that could cause inaccurate readings during surgery. The company works diligently to resolve the issue and ensure patient safety. Read the full story here.
4. Life Sciences Hub Wales Launches Digital Case Studies Series
Life Sciences Hub Wales has launched a series of digital case studies highlighting successful initiatives, partnerships, and cross-sector collaborations within the life sciences ecosystem in Wales. The case studies showcase the vast potential for health and wealth benefits accessible through the effective integration of life sciences innovation. Discover the inspiring stories below.
5. Medilink UK CEO Awarded MBE for Services to the Life Sciences Sector
Kevin Kiely, CEO of Medilink UK, has been awarded a Member of the Order of the British Empire (MBE) for his outstanding contribution to the life sciences sector. Kiely has spent over 25 years in the industry, working diligently to support businesses, drive innovation, and help transform healthcare. More about this prestigious recognition can be read below.
July's top stories give us a fascinating snapshot of the dynamic MedTech landscape. Stay tuned for even more compelling news and discoveries that continue to shape the future of medical innovations and improve patient care worldwide. If you want to learn more about Indo Search and what we offer our clients. Click here.
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