Medical device assembly service sees a major addition

We are referring to EmbedTek LLC’s recent entry into finished goods supply of medtech devices.

EmbedTek LLC has been for long delivering its services to medical device industry; however those service were limited to component level. Post getting FDA badge of contract manufacturer, it can now cater to finished good supply, which means, EmbedTek can now ship ready to use medical devices to OEMs doorstep.

EmbedTEK has shed its previous image of outsourcing partner working on client specs, and has become strategic CMO ready to take joint responsibility of product quality and delivery.

About Company:

EmbedTek designs and manufactures embedded computers and integrated display solutions for original equipment manufacturers and ISVs. We leverage our expertise in computing, displays, software, wireless, I/O and controls to provide solutions optimized for our customers. We collaborate with our customers early in the process to create solutions that make their end product better. We leverage open standards and augment with engineered hardware and software solutions that enhance the performance of our customers’ end product. We also provide ongoing supply chain management services; delivering the product to our customer throughout the lifecycle proactively managing component obsolescence and product quality. The team at EmbedTek is experienced, professional, agile and customer focused.

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Drug delivery and diagnostic disposables sees a global capacity addition, also witnesses a beginning of strategic alliance between medical device behemoth BD and CTP

Global capacity of drug delivery and diagnostic disposables sees a recent expansion by addition of CTP’s manufacturing facility.

While innovation in drug delivery has been on steady pace, joint alliances between medtech OEMs and contract manufacturers has been pretty much stagnant.

CTP, along with expanding its annual production volume also struck a deal with BD for commercial launch of BD Vystra, a disposable pen for delivering insulin and other injectable drugs. CTP had previously supported Becton Dickinson with pilot phase of Vystra.

APAC Healthcare Landmarks: In 2015

APAC_World_Map

Image Source: Thomson Reuters

Ever changing healthcare industry behaved as expected in the year 2015. It embraced growth, looked at billion dollar M&A deals, expanded capacity, involved itself in cross industry partnerships and much more.

Developed markets continued to have steady growth while emerging markets remained potential targets.

Speaking of emerging markets, these markets not just welcomed venture of western companies, but in some cases welcomed new trends and policies too.

According Global Growth Markets feature, following were some landmark deal that geography experienced, in order to reach long awaited healthcare sector maturity.

We would like to bucket this trends under various categories namely:

  • IOT related
  • Demand and supply related
  • Regulations
  • Others

IOT

– aka. Big Data, aka. Telemedicine  included all the developments ranging from investment on e-health in Australia, to Singapore coming on board with I-PADS and other portals for patient rehabilitation. It was not just these regions that opened their arms for IOT and its associated products, regions such as China, Myanmar and other emerging markets also expressed interest to tap into extreme potentials of internet of things.

Demand and supply related

While emerging market growing demand is no myth, with their average figures witnessing a continuous growth Y-o-Y, some geographies such as Brazil surprised the industry by buying less of medical equipment than its previous fiscal year.

Supply on the other side was on better position from all the angles. GE plugged in USD 1 billion in Indonesia, Malaysia- came on medical device manufacturing map by scaling its international technical know how and providing right infrastructure and taxation norms to global companies.

Regulations

At regulation front, two important news that remained as talk of the town were:

1.India opening up for 100% FDI for medical device sector.

2.And China outlining regulatory norms for online sales of medicine.

Others

Besides aforementioned activities, ASIA also viewed formation of Asia Pacific Medical Device Association, a consortium formed by behemoths such as BD, Medtronic, Philips Healthcare and Others.

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Note: Though the focus of the feature has been around APAC, regions such as Brazil are also outlined in the discussion.

IBM’s Watson did not just do that?

image

Wearable industry growth figures are at top of the charts. Every fortnight wearable start-ups are either closing funding rounds , or been acquired and in some cases hosting IPO.

All this limelight and fame for one reason, that being , these devices can record data. Analysis of data and subsequent predictions to users still remains work in progress.

IBM’s Watson however, is set on a mission to accomplish this work in progress.

Yes, company recently announced collaboration with mobile phone behemoth Apple , where the former would integrate its smart computer to latter’s wearable ( watch). This all magic takes place in app called Cafewell Concierge, which is powered by Watson’s adaptable and self learning code.

Partnership of this type came to limelight only recently and has been IBM Watson’s first of its kind deal with Apple.

This Welltok developed app uses Watson’s cognitive trait to turn Cafewell Concierge more understanding companion by days , primarily because Watson learns, adapts and performs.

Combo can become one stop solution for health , exercise, nutrition and other aspect of human life management.

Unlike any other wearable which puts the recorded data usage and analysis to question, situation in this case seems pretty convincing. Primarily because data recorded is going in training predictive response programing of Watson.

While some of the existing wearable providers,quote to deliver the similar offerings, we all are aware about how deceiving can the cloud and app analysis be(Not to forget the blurred line that exist on when a app is FDA regulated and when its not). Watson super computer on other hand has proved instrumental time and again proving its credibility in this new venture.

Time alone would say if this IBM- Apple journey sees happy and productive ending, as of now the platform is warming up to IBM employees alone. The employees who had privilege to buy Apple smart watch at subsidized rates.

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Can computers replace surgeons?

Watson

4 out of 10 developments in healthcare revolve around automating systems, with fundamentals flagged to robotics. Every aspect from diagnosing to surgeries has seen a great amount of inclination towards robotics. All these are routed to one greater reason, which is improvising healthcare and making its technologies more precise, quick and economical.

Human errors can be reduced significantly by protocol adherence however there (Human = Surgeons and Physicians) availability on the account of increased patient head counts remain daunting issue for HCP (Health Care Personnel).

Making an effort to address this challenge is IBM which has begun training Watson computer to read CT & other images. While surgery and diagnosing areas of healthcare witnessed development from the likes of Intuitive Surgical and Scanadu, image interpretation was first of its kind development in healthcare.

The development quest begun just after IBM had acquired company Merge, a healthcare player having a right material (30 Billion Medical Images) for streamlining venture’s vision for healthcare. Merge Health houses close to 30 billion medical images which can act as potential feedstock for designing this image reading computer. According to claims the device could read CT images, MRI scans , ECGs and other image types for patient health interpretation.

According to industry news features the fundamentals of this development will include making computer scan through various image samples from subjects (patients and healthy people) and help structure an algorithm that differentiates the image with abnormalities .Though various surgeons from around the globe had a mixed opinion on this quest, majority of them are inclined in saying that this innovation is very unlikely to replace doctors and is just going to help them become better surgeons. The statement was made on the grounds of technology tip that happened years back, a trend carrying similar air and claims around it. Development in reference is transition from film to digital, an activity that contributed to their roles betterment in healthcare ecosystem.

Image reading computer development’s thought and materialization started because of the increasing need of patients for a better and quicker screening solution. While the hospital houses only certain head count of care takers, world was in dire need of a system that can predict nature of issue by looking at scan results (Images and Graphs). If the problem was trivial and does not need surgeon’s intervention, it saves cost; else it helps take the issue reach surgeons attention quickly.

Debate on, if it is going to replace surgeons or not is secondary , what is important here is non-core companies are developing healthcare through their expertise skill sets and are not hesitant to shell out cash either for technology licensing , partnership or in this case an acquisition. While the healthcare’s future always seems to be blurred on account of growing ailments, developments like this provide little clarity to the image, and for sure come out as an assuring one.

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Top med tech stories from previous day 14/03/2015

Medical device trends brings you top 3 stories from previous day. As these features remained at the forefront in terms of tweets , views and discussions, we bring you quick snapshot of their content. Below are top three stories purely based on their social media coverage, popularity and relevance:

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Top med tech stories from previous day 13/03/2015

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Top med tech stories from previous day 11/03/2015

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Top med tech stories from previous day 10/03/2015

Medical device trends brings you top 3 stories from previous day. As these features remained at the forefront in terms of tweets , views and discussions, we bring you quick snapshot of their content. Below are top three stories purely based on their social media coverage, popularity and relevance:

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Top med tech stories from previous day 07032015

Medical device trends brings you top 3 stories from previous day. As these features remained at the forefront in terms of tweets , views and discussions, we bring you quick snapshot of their content. Below are top three stories purely based on their social media coverage, popularity and relevance:

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