Novartis CEO Vas Narasimhan said on March 29 that his company's hydroxychloroquine drug for malaria, lupus and arthritis is their biggest hope for tackling the coronavirus.
Spinal Tech
Medtronic is publicly sharing its ventilation design specifications to accelerate global ventilator production efforts during the COVID-19 pandemic, according to a March 30 announcement.
OrthoPeditriacs on March 30 withdrew its 2020 revenue projections that estimated growth within the range of 22 percent to 24 percent.
Medtronic is introducing two online platforms for at-home COVID-19 symptom monitoring and support, the device company announced March 27.
The FDA granted 510(k) clearance to 13 spine devices last month.
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While weathering a 34.5 percent drop in shares since its last earnings report, Medtronic has taken steps to aid COVID-19 relief efforts.
The FDA awarded AgNovos Healthcare's AGN1 Local Osteo-enhancement Procedure small volume kit breakthrough device designation on March 26.
Orthofix on March 26 completed the acquisition of assets associated with Fitbone, a limb lengthening system developed by German company Wittenstein SE.
Medtronic's charitable arm is pledging an additional $10 million toward COVID-19 relief efforts, the device company announced March 25.
The board of managers at Bioventus unanimously appointed Ken Reali to succeed Tony Bihl as CEO when he retires April 20.