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Applied Biology in Collaboration with University Hospital Ramon y Cajal To Launch a Clinical Study to Identify Genetic Risk to COVID-19 Mortality

In a joint research effort studying the genetics of the androgen receptor in androgenetic alopecia, scientists discover a possible genetic variation that pre-disposes COVID-19 patients to develop severe symptoms. The team led by Andy Goren, MD Medical Researcher and Co-Investigator with the Department of Dermatology at the University Hospital Ramon y Cajal in Madrid, Spain, Sergio Vano Galvan from the Department of Dermatology at the University Hospital Ramon y Cajal, Sabina Herrera, MD from the Infectious Disease Department at the University Hospital Ramon y Cajal and Carlos G. Wambier, MD, PhD from the Alpert Medical School of Brown University has initiated a study to discover the possible genetics variants leading to COVID-19 mortality.

The study titled “In-vitro Diagnostic Test to Predict COVID-19 Mortality and Disease Severity” (NCT04368897) is currently recruiting subjects. According to Dr. Goren: “certain genetic variants in the androgen receptor may also identify COVID-19 patients responsive to anti-androgen therapy.” The team is now embarking on a clinical study to explore the use of anti-androgen therapy in COVID-19 patients. Further, according to Dr. Wambier: “We hope that this study will help us understand the gender bias and also to identify why particular masculine phenotypes and ethnic groups are more vulnerable to COVID19. This is a core issue for appropriate therapy.”

ABOUT APPLIED BIOLOGY
Founded in 2002, Applied Biology, Inc. (www.appliedbiology.com), headquartered in Irvine, California, is a biotechnology company specializing in hair and skin science. Applied Biology develops breakthrough drugs and medical devices for the treatment of androgen mediated dermatological conditions. Applied Biology’s R&D pipeline includes a topically applied prophylactic treatment for chemotherapy induced alopecia; a novel diagnostic device that can aid dermatologists in identifying non-responders to topical minoxidil; an adjuvant therapy for non-responders to topical minoxidil; and a novel therapy for female pattern hair loss.

Change Healthcare Acquires eRx Network

Change Healthcare Acquires eRx Network

Change Healthcare announced it has exercised its option to purchase and completed the acquisition of eRx Network, a leading provider of comprehensive, innovative, and secure data-driven solutions for pharmacies.

Change Healthcare acquired 100 percent of the ownership interest in eRx Network for a purchase price of $212.9 million plus cash on the balance sheet. eRx generated approximately $67 million in annual revenue for the twelve-month period ended February 29, 2020. The transaction supports Change Healthcareโ€™s commitment to focus on and invest in core aspects of the business to fuel long-term growth and advance innovation.

eRxโ€™ s real-time pharmacy network is integrated into pharmaciesโ€™ workflows. eRx helps pharmacies improve operational efficiency and optimize reimbursement, enabling providers to cost-effectively exchange electronic prescriptions with pharmacies. eRx also facilitates partner programs that help pharmacies improve profitability and helps payers, pharmaceutical companies, and other industry stakeholders administer patient-centric programs.

The addition of eRx brings strategic benefits including a broader solutions portfolio to offer pharmacies, the ability to serve patients, providers and payers more comprehensively and the potential to enter new markets.

โ€œBringing eRx back into the fold will enable us to leverage our combined scale, breadth of solutions, and network capabilities to increase market penetration, advance innovation, and create new opportunities,โ€ said Neil de Crescenzo, president and CEO, Change Healthcare. โ€œAs a leader in delivering advanced technology solutions for pharmacies, providers, and pharmaceutical companies, eRx aligns with our strategy to reduce costs, improve outcomes, and enhance consumer engagement for our customers.โ€

The combined synergies will offer a broader solutions portfolio to pharmacies and life sciences companies and facilitate innovations on health plan solutions driven by a comprehensive view of membersโ€™ claims, bills, payments, and now, pharmacy interactions. From an innovation standpoint, Change Healthcare will now be able to leverage the valuable combination of medical and pharmacy data, and provide eRx customers the benefits of the Intelligent Medical Network with scalable cloud-based technologies.

The acquisition was approved by a special committee of the Board of Directors of Change Healthcare, and the special committee received a fairness opinion from Barclays that the purchase price was fair to Change Healthcare.

Further transaction details can be found in a Form 8-K filed by Change Healthcare today with the Securities and Exchange Commission.

About Change Healthcare

Change Healthcare is a leading independent healthcare technology company that provides data and analytics-driven solutions to improve clinical, financial and patient engagement outcomes in the U.S. healthcare system. We are a key catalyst of a value-based healthcare system, accelerating the journey toward improved lives and healthier communities.

Co-Diagnostics, Inc. Announces Government Approvals and Increased Orders for COVID-19 Test Kits

$2M Grant Will Galvanize COVID-19 Response at Zuckerberg San Francisco General Hospital

Co-Diagnostics, Inc., a molecular diagnostics company with a unique, patented platform for the development of diagnostic tests, announced that its Logix Smartโ„ข Coronavirus COVID-19 Test has been approved for sale in Mexico by the Mexican Department of Epidemiology (โ€œInDREโ€) after InDRE successfully concluded an evaluation of the testโ€™s sensitivity and specificity and its non-reactivity with other respiratory viruses. InDRE, which is analogous to the U.S. Centers for Disease Control and Prevention (CDC), is required to evaluate any test to detect the disease before the test may gain clearance to be sold into the Mexican healthcare market.

Co-Diagnostics also announced that CoSara, the Companyโ€™s joint venture for manufacturing in India, expects to now begin filling orders following the successful evaluation of CoSaraโ€™s Sarageneโ„ข COVID-19 RT-PCR test kit by the Indian Council of Medical Research (ICMR). The evaluation showed 100% sensitivity and 100% specificity without any cross reactivity with other respiratory viruses, and it has been cleared for sale to the Indian market.

CoSara has received a license from the Central Drugs Standards Control Organisation (CDSCO) to manufacture the Saragene COVID-19 test kits. The test approved by the CDSCO was the same as that originally designed by Co-Diagnostics, and will be manufactured in CoSaraโ€™s GMP manufacturing facility in Ranoli, India which is capable of large scale production.

Dwight Egan, Co-Diagnostics CEO, remarked โ€œOrders for our Logix Smart COVID-19 test continue to be strong. We believe our continued growth is due to our ability to meet testing needs on a timely basis, with a high quality, cost-efficient, easy to process test. We are pleased that our technology is also being deployed in many areas in the United States, providing high-throughput diagnostic solutions to improve the quality of COVID-19 detection in those communities. The Company has participated in governmental and private initiatives designed to increase test availability.โ€

The Companyโ€™s Logix Smart COVID-19 test is currently available to all clinical laboratories certified under Clinical Laboratory Improvement Amendments (CLIA), and is authorized to be used for the diagnosis of SARS-CoV-2, the virus that causes COVID-19.

About Co-Diagnostics, Inc.:

Co-Diagnostics, Inc., a Utah corporation, is a molecular diagnostics company that develops, manufactures and markets a new, state-of-the-art diagnostics technology. The Companyโ€™s technology is utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests to locate genetic markers for use in industries other than infectious disease and license the use of those tests to specific customers.

VentFree Respiratory Muscle Stimulator receives FDA Emergency Use Authorization for Use During COVID-19 Pandemic

Liberate Medical announced that it has received FDA Emergency Use Authorization for its VentFreeโ„ข Respiratory Muscle Stimulator, intended to be used to reduce disuse atrophy of the abdominal wall muscles, which may reduce the number of days adult patients require mechanical ventilation, including those patients with COVID-19.

Reducing the time patients spend on mechanical ventilation may reduce the risks of prolonged mechanical ventilation, which include hospital acquired infections, deteriorated quality of life and death. Fewer days on ventilation may also increase the availability of ventilators during the COVID-19 pandemic.

Two pilot randomized controlled trials, recently completed in Europe and Australia, indicated that compared with placebo stimulation, the VentFree may reduce ventilation duration and ICU length of stay. Last year VentFreeโ„ข received FDA Breakthrough Device Designation and CE marking in the European Union.

โ€œWe are grateful to the FDA for recognizing the potential of VentFree and feel privileged to have the opportunity to help patients on mechanical ventilation during the COVID-19 pandemicโ€ said Angus McLachlan PhD, co-founder and CEO of Liberate Medical.

Invasive mechanical ventilation commonly weakens the breathing muscles, increasing the need for further ventilator support. Current methods of respiratory muscle training cannot be used when patients are sedated or delirious, which is common among critically ill patients. The VentFree stimulator uses proprietary non-invasive neuromuscular electrical stimulation to contract the abdominal wall muscles in synchrony with exhalation during mechanical ventilation. These features enable treatment to begin from the early phase of mechanical ventilation, while patients are sedated or delirious, and continue until the patient is successfully weaned from mechanical ventilation.

Liberate Medical has been working with manufacturers in Minnesota, Ohio and Iowa to speed up production and distribution and expects VentFreeโ„ข devices to be immediately available to hospital ICUs nationwide.

About Emergency Use Authorization of VentFree

VentFree has neither been cleared or approved for the indication for use by health care providers to treat adult patients by reducing disuse atrophy of the abdominal wall muscles, which may reduce the number of days of ventilator support in patients who require mechanical ventilation in healthcare settings during the COVID-19 pandemic.

VentFree has been authorized for the above emergency use by FDA under an Emergency Use Authorization. VentFree has been authorized only for the duration of the declaration that circumstances exist justifying the authorization of the emergency use of medical devices under section 564(b)(1) of the Act, 21 U.S.C. ยง 360bbb-3(b)(1), unless the authorization is terminated or revoked sooner.

About Liberate Medical

Liberate Medical is a clinical / commercial stage medical device company that develops neuromuscular electrical stimulation technology to improve the quality and reduce the cost of care for patients with pulmonary disorders.

Zoll Medical wins CE Mark for oxygen therapy system

Zoll Medical wins CE Mark for oxygen therapy system

Zoll Medical announced that it received CE Mark approval in Europe for its TherOx SuperSaturated Oxygen (SSO2) therapy system. SSO2 therapy offers interventional cardiologists a treatment beyond percutaneous coronary intervention (PCI) that significantly reduces muscle damage in heart attack patients.

Chelmsford, Mass.-based Zollโ€™s therapy system delivers hyperbaric levels of oxygen directly to damaged heart muscle following successful revascularization through angioplasty and stenting of the blocked coronary artery.

The system is indicated for patients who suffer left anterior descending ST-elevation myocardial infarction (LAD STEMI), the most serious type of heart attack, and are treated within six hours of symptom onset. Zoll touts SSO2 therapy as the first and only FDA-approved device beyond PCI that reduces muscle damage in these kinds of patients.

In March, Zoll won FDA approval for the latest generation of its TherOx system. The company completed the acquisition of Irvine, Calif.-based TherOx and its acute myocardial infarction treatment for an undisclosed amount in June 2019.

โ€œI am very happy to know that ZOLL received CE Mark approval for the TherOx system,โ€ Centro Cardiologico Monzino, University of Milan interventional cardiology director Dr. Antonio Bartorelli said in a news release. โ€œWe were among the first in Europe to observe the beneficial impact of SSO2 therapy on left ventricular recovery after primary coronary intervention in patients with LAD ST-elevation myocardial infarction and we look forward to being able to use this effective treatment again in our patients.โ€

Medical Manufacturing Asia 2020 has been cancelled

Medical Manufacturing Asia 2020 has been cancelled

Messe Dรผsseldorf Asia and SPETA (Singapore Precision Engineering and Technology Association), co-organisers of MEDICAL MANUFACTURING ASIA have made the decision to cancel the 2020 edition of the exhibition. It was to be held from 9-11 September 2020 at Marina Bay Sands.

MEDICAL MANUFACTURING ASIA – 5th Manufacturing Processes for Medical Technology Exhibition and Conference, is a specialist exhibition for Asia’s MedTech and medical manufacturing processes sectors and will now take place from 31 August to 2 September 2022. โ€œThe decision was made after careful consideration with our partners of the current situation surrounding COVID-19 and the business disruption to the local MedTech and medical manufacturing community. Despite our combined efforts with SPETA and the local sectors, rescheduling the exhibition for later this year was not a feasible option. We have thus come to the collective decision that, under the circumstances, this is the best course of action for the industries we serve. This also reflects our desire to give all stakeholders involved ample notice to react in good time and together prepare for a stronger showcase in 2022,โ€ said Mr Gernot Ringling, Managing Director, Messe Dรผsseldorf Asia.

The cancellation represents an unprecedented scenario for all concerned and as with the last four editions, MEDICAL MANUFACTURING ASIA will continue to take every possible measure to carry over the successful status of the biennial trade fair to the new date in 2022. โ€œWe will continue to extend the necessary support to all exhibitors and partners to ensure a seamless transition, and look forward to welcoming participants in August 2022,โ€ he said.
The MEDICAL MANUFACTURING ASIA team will reach out to all confirmed exhibitors and participants regarding event logistics and planning. Participants may also contact mma@mda.com.sg for any assistance required.

Co-located exhibition, MEDICAL FAIR ASIA 2020, has been postponed and will take place from 9-11 December 2020 at Marina Bay Sands and will be held concurrently with the 12th Occupational Safety + Health Exhibition for Asia. Both exhibitions are organised by Messe Dรผsseldorf Asia.

About Messe Dรผsseldorf Asia
Messe Dรผsseldorf Asia is a subsidiary of Messe Dรผsseldorf in Germany, one of the worldโ€™s leading trade fair organisers, responsible for organising more than 20 global No. 1 exhibitions in various industries including medicine and health, specifically MEDICA, COMPAMED and REHACARE INTERNATIONAL held in Dรผsseldorf, Germany. With extensive expertise in organising trade fairs in Southeast Asia, Messe Dรผsseldorf Asia has developed a portfolio of numerous trade fairs in the region since 1995.

MEDICAL FAIR ASIA 2020 postponed to 9 – 11 December 2020

MEDICAL FAIR ASIA 2020 postponed to 9 - 11 December 2020

The 13th edition of MEDICAL FAIR ASIA originally scheduled for 9-11 September 2020 will be postponed to the last quarter of the year; 9-11 December 2020. The regionโ€™s leading medical and healthcare trade fair focusing on Hospital, Diagnostic, Pharmaceutical, Medical & Rehabilitation Equipment & Supplies is organised by Messe Dรผsseldorf Asia.

Rescheduling the trade fair was necessary in view of the continuing fight against COVID-19 which includes ongoing travel restrictions, tighter social distancing measures; suspension of all events and mass gatherings and most recently, the extension of the circuit breaker measures in Singapore as announced by Singaporeโ€™s Multi-Ministry Taskforce.

Mr Gernot Ringling, Managing Director, Messe Dรผsseldorf Asia, said: โ€œIn close consultation with the MEDICAlliance global network of medical trade fairs โ€“ of which the exhibition is a part of – the decision to postpone MEDICAL FAIR ASIA was not one we have taken lightly as our partners, exhibitors and teams have worked extremely hard thus far. However, as we consider the latest developments globally and in Singapore, we feel it is in the best interest of all involved to move the exhibition to the end of the year, as this will allow for maximum participation from regional and international businesses.โ€

โ€œWe are extremely grateful for the support and understanding of our partners and exhibitors as we stay committed to take every possible measure to carry over the successful status of the trade fair to the new dates. We look forward to welcoming the industry in December with the same trusted MEDICAL FAIR ASIA brand they have come to know, with qualified business visitors and a top-quality sourcing, networking and thought-leadership platform.โ€ he added.

The MEDICAL FAIR ASIA team will reach out to all industry partners, confirmed exhibitors and participants regarding event logistics and planning.

About Messe Dรผsseldorf Asia
Messe Dรผsseldorf Asia is a subsidiary of Messe Dรผsseldorf in Germany, one of the worldโ€™s leading trade fair organisers, responsible for organising more than 20 global No. 1 exhibitions in various industries including medicine and health, specifically MEDICA, COMPAMED and REHACARE INTERNATIONAL held in Dรผsseldorf, Germany. With extensive expertise in organising trade fairs in Southeast Asia, Messe Dรผsseldorf Asia has developed a portfolio of numerous trade fairs in the region since 1995.

OrthoGrid Systems, nView medical partner to combine 3D imaging and guidance technology

OrthoGrid Systems, nView medical partner to combine 3D imaging and guidance technology

nView medical, a leading innovator in 3D medical imaging, and OrthoGrid Systems, Inc., a global MedTech leader offering intraoperative alignment technologies, are partnering to provide integrated solutions that increase surgical accuracy and OR efficiency and improve patient outcomes.

As the first step for implementation, the companies are executing a proof of concept for a periacetabular osteotomy (PAO) procedure, and, after completion, will expand to additional musculoskeletal procedures. PAO surgery aims to preserve the hip joint by repositioning the native acetabulum, a complex pediatric joint preservation surgery that aims to reduce or eliminate the risk of a future total hip replacement. OrthoGrid offers the first PAO-specific, imaging-based, surgical navigation application on the market.

โ€œMany problems in orthopedic surgery are 3D problems. Currently they are solved based on 2D imaging data,โ€ says Dr. Chris Peters, Professor of Orthopaedics at the University of Utah and a renowned hip preservation specialist. โ€œBeing able to merge OrthoGridโ€™s Hip Preservation application with nViewโ€™s real-time, 3D, intraoperative imaging data would bring new and valuable information during critical surgical steps, such as the acetabular osteotomy and positioning.โ€

Both nView and OrthoGrid technologies are AI-driven, open platforms designed to work within the surgical theater to improve accuracy, workflow efficiency, and patient outcomes. With the nView 3D imaging data, planning can be achieved intraoperatively, reducing the need for preoperative planning. Similarly, postoperative alignment verification via x-rays may be avoided, and overall radiation exposure to young patients is expected to reduce drastically.

โ€œWe are thrilled to engage in this partnership with OrthoGrid, as we truly have aligned company missions: To enhance surgeonsโ€™ experience in the OR while simultaneously working to improve patient outcomes,โ€ said Cristian Atria, Founder and CEO at nView Medical. โ€œOrthoGridโ€™s expert knowledge of procedural steps and intraoperative problem-solving, along with their commitment to AI-driven, imaging-based automation, is an intuitive next step to further expand the opportunity behind real-time, 3D images. We look forward to seeing the immense impact combining these two innovations will have on musculoskeletal procedures in the years to come.โ€

โ€œThis partnership combines two technological needs within intraoperative imaging: Real-time, 3D imaging, and procedural decision making into one unique solution,โ€ said Edouard Saget, Co-Founder and Co-CEO at OrthoGrid. โ€œWe seek to optimize the value equation in orthopaedics, one of OrthoGridโ€™s long-term commitments. By integrating our applications within nViewโ€™s 3D imaging system, we are consolidating the number of devices required in the operating room, thus improving operating room efficiency, staff training, and the overall value proposition to the hospital. At the end of the day, weโ€™re always working to make surgeonsโ€™ experience in the OR as seamless as possible.โ€

Nurse-Led Inspiren deploys computer vision AI to protect front line from COVID-19

 Nurse-Led Inspiren deploys computer vision AI to protect front line from COVID-19

Inspiren, a nurse-led technology company, deploys its flagship solution in the fight against COVID-19 to ensure staff are adequately protected at all times. The device, rapidly installed and wall mounted at the bedside, leverages computer vision to automate enhanced contact tracing. In the event of a confirmed source patient, Inspiren provides bed-level insight into all who entered that space, how long the visit lasted, the proximity to the source patient, and if PPE was secure at all times.

โ€œOur mission has always been to protect patients and safeguard staff,โ€ says Michael Wang RN, CEO of Inspiren. โ€œThe collective efforts of clinicians and technologists working side by side over the last few years have manifested this mission. It is an honor to be able to provide peace of mind to those who are selflessly putting themselves on the front lines to care for patients.โ€

In 2019, Inspiren received more than 20 international innovation awards for its hybrid sensing computer vision, IoT, and audio/video monitoring platform from organizations such as TIME, Edison, SXSW, Fast Company, and the American Nurses Association. The device, known as iN, has been utilized in the care environment to eliminate preventable harm such as pressure ulcers, reduce falls by up to 75%, and ensure front line clinical staff are recognized for their hard work through a robust gamification platform.

Since the outbreak, Inspirenโ€™s founding nurses have been on the front lines working at hospitals in New York City and Central New Jersey. Through first-hand experience they have been identifying and documenting the critical front-line and administrative needs surfacing from the outbreak. As a result, Inspiren has reallocated 100% of its development efforts to where they are needed mostโ€”the fight against COVID-19. New algorithms have been created to alert staff in real time if PPE (mask, eye shield, gown) is not worn or secured properly. Additionally, to limit staff exposure, Inspiren developed a new remote monitoring solution that allows virtual visitation of patients in isolation rooms through live de-identified video and audio feed. Inspiren also repurposed its patient visit history functionality to enable fully automated contact tracing, which is critical in controlling infection and nearly impossible to achieve with existing infrastructure.

The platform communicates with hospital staff in real time via the deviceโ€™s interactive LED display and through a suite of mobile and desktop applications.

โ€œIn a time of crisis, the risk of selecting disparate, non-integrated, technology solutions for various use cases, is exponentially magnified,โ€ says Dr. Paul Coyne, President of Inspiren. โ€œThere is no other single solution that can simultaneously fulfill the multitude of needs of those on the front line during the current height of this pandemic, and beyond.โ€

Enexor BioEnergy develops emergency ventilator amid global shortage

Enexor BioEnergy develops emergency ventilator amid global shortage

Enexor BioEnergy , a U.S. organic waste-to-energy company, has formed Breathe Strong, LLC, committed to the design and manufacturing of the XVENT, a ventilator designed to help with current ventilator shortages during the COVID-19 pandemic, and future pandemics. In less than thirty days, Breathe Strong designed and started manufacturing the XVENT. The XVENT will be manufactured at Enexorโ€™s manufacturing facilities in Franklin, Tennessee, and Huntsville, Alabama, with a capacity to produce up to 200 units per day.

Additionally, the XVENT will be manufactured in other countries to address their medical device shortages, mitigating the financial burden associated with full-featured ventilators. Breathe Strong will be donating the XVENT to Ghana, the Dominican Republic, Panama, and other countries, as soon as export permission is granted. On April 11, 2020, Breathe Strong submitted a request for Emergency Use Authorization (EUA) by the FDA and will submit for final FDA approval in June.

The XVENT is a continuous, positive pressure ventilator that is capable of assisting a patient with respiratory insufficiency or respiratory failure. The XVENT utilizes a precision machined piston system controlled by an industrial-grade programmable logic computer (PLC). The system is self-calibrating, equipped with back-up battery power, and designed for many years of use. Qualified medical professionals can control and remotely monitor pressure, volume, inspiratory time, and respiratory ratio to provide life-sustaining ventilatory assistance.

โ€œLess than a month ago, a doctor partner of ours in a developing country reached out to me looking for ventilators. I asked him how many he needed. He answered, โ€˜one ventilator saves two lives; you do the math,’โ€ said Lee Jestings, founder and CEO of Enexor.

โ€œThat evening, I challenged my team to design and build a ventilator that is reliable, affordable, and deployable in any remote hospital around the world. The Enexor team, led by Scott Auerbach, Director of Engineering, quickly went to work, and delivered within three weeks.โ€

โ€œWe immediately made some important design decisions. First, we would not use a bag valve mask (BVM) resuscitator but instead would use a precision machined piston air pumping system. Second, we would design with industrial-grade programmable controllers and electronics. Third, we would design a ventilator with the intent of getting full FDA approval; and finally, the ventilator must be competitive in function, but affordable,โ€ said Scott Auerbach.

Immediately, Breathe Strong put together an advisory team of medical professionals consisting of critical care physicians and current respiratory therapists to define ideal modes, features, performance, and operating parameters. They then reached out to several companies that could assist with the initiative. What emerged was a world-class team of Tennessee companies and consultants from Maine to Oregon.

โ€œThe userโ€™s ability to control the XVENT is our designโ€™s most critical component. So we immediately reached out to Schneider Electric (www.se.com), Casco Systems, and Border States Electric (www.borderstates.com). These companies are the gold standard for designing, producing, and distributing the best industrial controls components on the market.โ€

Breathe Strongโ€™s local Tennessee neighbors also responded immediately. Wolfe Industrial in LaVergne, John W. McDougall Co. in Nashville, and Ironcraft Inc. in Lewisburg worked nights and weekends to support us with high-quality steel parts and components. Nemo Design, a Portland, Oregon based brand-design agency, volunteered their time to provide expert product-design, branding and marketing support.

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