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Business Information Consulting & Management Group

Clinical Wearables: Navigating the Next Health Technology Boom by Ravi Kuppuraj

Wearables have undoubtedly made their mark in the health and wellness industry. With the market slated to double in size by 2021 as vendors plan to ship a total of 125.5 million wearable devices this year, according to the International Data Corporation, tracking your steps during your work day, your reps during your workouts and even analyzing your personal sleeping patterns has become the new normal. While consumer wearables have seen a monumental level of success across the board, clinical wearables have struggled to reach a similar level of notoriety until recently.

However, in the past several years we have seen healthcare professionals become increasingly vocal regarding the groundbreaking capabilities that medical wearables must offer for patients, especially in tackling the extensive monitoring needed for some of the most common chronic diseases such as COPD and diabetes. As clinical wearables continue to grow in popularity, it’s important to remember that innovation doesn’t happen in a vacuum. There are three key considerations that vendors need to make during the R&D process for these to successfully be integrated into day-to-day use in the hospital for both physicians and patients.

What’s the End Goal?

Connected Sensing is not something that was developed by accident—it stemmed from a growing need for a deeper understanding of patients’ needs that were failing to be acknowledged. With 44 percent of the general population surveyed in the Philips 2017 Future Health Index stating that a recommendation from a healthcare profession would be their deciding factor in adopting connected care technology such as a wearable, patients are looking to their physicians and their health systems for guidance during the digital health revolution. Medical grade connected sensing technologies ultimately could change the way healthcare is practiced in lower-acuity, general care areas. The process needs to be intentional and solutions need to be created with a deep understanding of not only physicians’ needs, but also patients’ previously unmet needs.

Has the Process Been Collaborative?

Throughout the creation process, it is important to have a collaborative relationship with everyone in hospital systems—including clinicians, executives, and patients—to make clinical wearables a reality. People in healthcare can be skeptical of new technology and its potential impact on their workflow. If clinical wearables are going to make their way mainstream, vendors need to consider the various needs and perspectives of the end user. Deploying clinical wearables on a large scale requires the vendors to deliver on the vision and functionality of the technology, while it is up to the providers, payers, and patients to share candid feedback. This type of collaborative process will help bring clinical wearables to the next level.

Has the Technology Been Developed with the Patient in Mind?

As physicians push for an industry-wide buy-in for clinical wearables, they will be unable to fully execute this initiative without support from patients. While these devices will collect a wide assortment of data using more sophisticated sensing, capture, and analytical functionalities, creating clinical wearables with the patient in mind is critical. Everything from size and versatility to level of comfort must be considered if vendors and physicians hope for clinical wearables to have their full potential impact.

The healthcare industry is no stranger to the rise of emerging technologies and their potential impact as new medical devices and systems continue to be developed and brought to market on a regular basis. However, there is a specific degree of collaboration and intent that needs to be established if healthcare professionals are anticipating a clinical wearable boom of a comparable degree to their consumer counterparts. Once this occurs, we will all be witness to an industry-wide acceptance of clinical wearables technology as their capabilities become engrained in the thinking and process that clinicians utilize as they work to overcome some of the most widespread issues in healthcare. The universal adoption of clinical wearables serves as a significant component to the overall mission of connected care and brings us another step closer to improving the overall health of the population.

Amazon might be more interested in medical devices than pharmaceuticals, one analyst says by Anita Balakrishnan

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Drugstore stocks tumble on Amazon report  7:25 PM ET Thu, 26 Oct 2017 | 00:55

Amazon is shaking the medical industry — and now Wall Street's digging up clues on exactly what it has planned.

Jefferies analyst Brian Tanquilut wrote on Friday that he suspects Amazon is growing its professional medical device business, while Wells Fargo pointed out Thursday that Amazon now owns the AmazonRX.com domain. 

It's all part of the tea-leaf reading as investors try to understand how Amazon could disrupt a huge and historically difficult-to-break-into industry.

CNBC reported in May that each year, Amazon holds an annual meeting to discuss whether it should break into the pharmacy market, and this year, it's been more serious than ever.

Now, sources have said that CVS Health is in talks to buy Aetna — a deal that would be an unprecedented mega-merger between a top drugstore chain and insurer. RBC Capital Markets analyst George Hill told CNBC that the companies "needed to defend the business from encroachment by Amazon." The news roiled pharmaceutical stocks, while Amazon shares are at all-time highs.

According to Tanquilut, Amazon's business-to-business medical device web page was posted during the same period the company was granted wholesale distribution licenses in several states. The licensure was first reported by the St. Louis Post-Dispatch.

An Amazon spokesperson previously told CNBC by email that the company doesn't "comment on rumors or speculation."

While many have speculated these licenses could be used for drugs, Tanquilut said the timing could indicate Amazon is more interested in medical devices.

"[T]he out-of-state wholesaler license that AMZN filed with the state of Nevada revealed that AMZN did not select 'Controlled Substances' as a type of product that they would be handling," Tanquilut wrote in a Friday research note."While we acknowledge that there are prescription drugs that don't fall under the definition of 'controlled substances', the active decision to choose not to distribute those types of drugs leads us to believe that AMZN will not be using these licenses to distribute any prescription drugs[.]"

On the other hand, Wells Fargo analyst David Maris pointed out that AmazonRX.com redirects to the Amazon home page.

"We find it easy to envision that, if it entered pharmacy, Amazon could offer unique value to some customers, such as the easier ability to manage prescriptions and perhaps discounts, such as free generics to Prime users," Maris wrote. Overall, we think that even though Amazon has not stated a goal to be in pharmacy, history has shown it is better to consider Amazon's disruptive potential beforehand rather than afterward."

 

Source: https://www.cnbc.com/2017/10/27/amazon-pharmacy-wall-street-analysts-cvs-aetna.html

Value-Based Care: The Future of the Medical Technology Industry by Rick Thomson

If you haven’t worked in the medical industry, you might not realize that care teams are often at odds with technology. Sure, there are new machines and devices that make operations or patient analysis more efficient, but there is something that the…

If you haven’t worked in the medical industry, you might not realize that care teams are often at odds with technology. Sure, there are new machines and devices that make operations or patient analysis more efficient, but there is something that the industry struggles to perfect: software.

Far too often software developers design something that seems cutting-edge but ends up having little clinical relevance in the real world. These applications can be difficult for older patients to use and can make doctors less efficient instead of more efficient.

The current state of medical software

Most care teams utilize electronic health records (EHRs) to organize patient information like medications, diagnoses, clinical encounters, and more. EHRs are very expensive repositories of information, but they often lack the tools necessary for clinicians to improve their quality of care or clinical outcomes. To further complicate things, most EHRs can’t communicate directly with one another and many clinicians feel that clunky interfaces and the amount of documentation that they must provide to satisfy care regulations, makes them less efficient.

If you’ve ever been annoyed that clinics seem to require the same information before your first visit, you’ve experienced some of the echoes from deep rifts in medical software. The continuum of care itself is deeply divided as well. Patients and doctors don’t have efficient, meaningful ways to stay connected between appointments. Care teams are generally understaffed, preventing dedicated outreach to patients in many cases.

Online patient portals exist, but they typically serve as little more than window dressing for the purposes of avoiding care regulation penalties. This all illustrates that there is a severe lack of patient connectivity, which hampers proactive care efforts and causes patients too often feel lost in the process.

Catalysts for change

While many problems exist in the current medical IT landscape, there are some promising signs that change is on the way. New communication protocols, like Fast Healthcare Interoperability Resources (FHIR), aim to create a consistent format for sharing patient data across disparate EHRs.

Innovative care coordination programs, like Transitional Care Management or Chronic Care Management, offer reimbursements for care teams that help their patients throughout the continuum of care. Value-based care models perhaps serve as the most pressing catalyst in this space.

 

Traditionally, healthcare has been conducted under a fee-for-service paradigm, wherein patients are billed for medical procedures without significant regard for patient outcomes (i.e., how well patients recover). However, the increasing volume of medical services needed by baby boomers and the desire to decrease costs has forced payers in the industry (e.g., insurance companies, Medicare, Medicaid, etc.) to get creative.

Their new proposals encourage clinics to do more with less, following a value-based care paradigm. Under this model, care teams are increasingly responsible for the outcomes of their patients, often receiving lump sum payments that must cover procedures and any necessary follow-up care (like hospital readmissions). This, in turn, has encouraged clinics to get a bit more creative with their processes.

Advancing medical technology

Tech companies are working tirelessly to address the gaps that exist in the continuum of care, and clinicians are beginning to take notice. Some companies are crafting follow-up automation tools that utilize phone, text, email, web, and more to gather patient data. Others provide care management platforms that give patients new insights into their health as well as additional channels to connect with their care teams.

There are EHR and medical device integration platforms that help achieve more consistency in medical data communication, though there’s still no “silver bullet.” One Nebraska-based tech startup, Together Clinic, is even able to analyze patient-reported vitals and symptoms in real-time, notifying care teams of early warning signs and keeping patients informed throughout the process. By combining this proactive patient monitoring with tools for doctors to collect valuable care coordination reimbursements, Together Clinic has aligned financial incentives for care teams with patients’ best interests.

Medical technology companies are also learning valuable lessons about patient compliance and doctor usage. The more complicated the interaction, the more utilization rates go down. Additionally, doctors must be able to easily see and articulate the merit of an application, otherwise, patients and care teams won’t treat it seriously. Software platforms that keep workflows simple and meaningful are winning over patients and doctors alike.

Looking ahead

Advances like these are exciting and empowering, not just for those who work in the medical industry, but for patients as well. However, just as powerful are the detrimental forces of inertia that have existed in medicine for a long time.  While there are still many unknowns for healthcare in the United States, it’s clear that value-based care and improving patient outcomes will be paramount, as other models do not appear to be sustainable.

Companies, clinics, and regulatory agencies must continue working to bridge gaps in the care continuum and across medical software systems. Innovative doctors must overcome the industry’s inertia and try new solutions to prove their value in achieving better clinical outcomes. It will be challenging, but the resultant improvements in care will be more than worth the effort.

 

Source: http://siliconprairienews.com/2017/10/value-based-care-future-medical-technology-industry/

Here's how to protect yourself against a stock market 'fragility event' by Joe Ciolli

At this point, anyone following the stock market knows that price swings are non-existent.The CBOE Volatility Index (VIX) is locked near record low levels. The benchmark S&P 500hasn't seen a 3% pullback in 242 days and counting, the lo…

At this point, anyone following the stock market knows that price swings are non-existent.

The CBOE Volatility Index (VIX) is locked near record low levels. The benchmark S&P 500hasn't seen a 3% pullback in 242 days and counting, the longest such streak in history.

So what should investors do? Bank of America Merrill Lynch thinks it's time to prepare for an inevitable shock — or as it describes it, an "overdue fragility event."

And investors are in luck, because hedges against a sharp stock market selloff are the cheapest they've ever been, says BAML. The firm specifically recommends shorting one S&P 500 put contract on the benchmark falling to 2,275 by June for every two put contracts bet long on the index to hit 2,500 by December. The S&P 500 closed at 2,564.98 on Monday.

"The entry point for S&P 'fragility hedges' in the form of put ratio calendars has never been more attractive," BAML analyst Nikolay Angeloff wrote in a client note. " This is a trade worth considering if you disagree with the market’s implied belief that risk does not exist."

The attractiveness of the entry point comes from the steepness of the S&P 500's term structure, where near-dated contracts are expensive relative to those further in the future. Further, put skew — or the degree to which future protection is more expensive than at-the-money options — is high because of the market's tendency to buy more stock exposure on short-term dips.

You can see that dynamic at play in the chart below.

So why not throw some protection on? It's cheap, and if the market sees a downturn, you'll be glad you did.

Source: http://www.businessinsider.com/stock-market-news-how-to-protect-against-stock-market-fragility-event-2017-10

Why functional medicine is the way of the future by George Beall

Unless you’ve been living under a rock, you’re well aware that there are some issues with healthcare in the United States. Regardless of where you fall on the political spectrum, it’s pretty much guaranteed you’re dissatisfied with the current state…

Unless you’ve been living under a rock, you’re well aware that there are some issues with healthcare in the United States. Regardless of where you fall on the political spectrum, it’s pretty much guaranteed you’re dissatisfied with the current state of affairs, because Americans across the board are experiencing a health crisis. According to the CDC, “As of 2012, about half of all adults had one or more chronic health conditions… one in four adults had two or more chronic health conditions.”

Chronic illness—and its enormous corresponding cost—is literally killing us. The physical, emotional, psychological, and financial toll is tremendous, and traditional medicine is failing for a wide variety of reasons. For this reason, countless Americans are seeking alternatives to the traditional medical model, taking an interest in holistic medicine, integrative medicine, and functional medicine in lieu of visits to their primary care physician.

Despite what you may be thinking, these are not interchangeable terms for medical quackery; these are legitimate approaches to treatment that garner sometimes unbelievable results, all in distinct ways. It’s not hard to see why these terms could be easily confused, though, since all challenge the conventional, allopathic approach to medicine, which tends to rely on pharmaceutical agents to counter or suppress symptoms of illness.

Functional medicine is an alternative medicine, in that it emphasizes restoring the body’s natural function, a state of biochemical harmony indicative of wellness.  According to The Institute for Functional Medicine, “functional medicine is a systems biology-based approach that focuses on identifying and addressing the root cause of disease. Each symptom of differential diagnosis may be one of many contributing to an individual’s illness.”

To put it more simply, functional medicine focuses on what’s causing your health problems, not what medicine they can prescribe to mask your symptoms. Functional medicine doctors are prepared to cure chronic illness, not just make it more palatable. Dr. Mark Hyman, director of the prestigious Cleveland Clinic Center for Functional Medicine, explains:

“The vast majority of physicians practicing today are not familiar with the concept of functional medicine. Some may not take a truly comprehensive approach to the diagnosis and treatment of [chronic illness], or even be aware of the appropriate panel of tests. Others may not test you at all unless you have already progressed down the path of disease, and they then test and interpret results quite differently… many take a ‘wait and see approach,’ which can be dangerous and detrimental to your health.”

Make no mistake; functional medicine is not challenging allopathic medicine’s contributions to world health. Any functional medicine doctors worth their weight will agree that allopathic medicine saves lives and is an absolutely vital part of healthcare; when it comes to acute trauma, traditional medical interventions like drugs, vaccines, and antibiotics are critical components of care. The problem is that the new millennium has brought a dramatic shift in the kind of disease experienced by the population, with chronic conditions like diabetes, thyroid disorders, and autoimmune dysfunctions exponentially on the rise.

The traditional healthcare model is not equipped to treat these diseases because chronic illness is always the result of multiple factors, most of which cannot be addressed through pharmacological agents. Functional medicine, on the other hand, empowers the patient with a proactive approach to overall wellness, more comprehensively resolving the wide variety of causes that generate disease.

The differences between functional medicine and traditional medicine are clear:

Functional medicine is health oriented; traditional medicine is disease oriented. Functional medicine prioritizes preventative care and a comprehensive, whole-body approach to wellness. Traditional medicine skews heavily toward a “wait and see” approach, requiring the presence of an measurable disease or disorder before intervention and assistance is offered.  
Functional medicine is patient-centered; traditional medicine is doctor-centered. Functional medicine doctors are your partners in wellness, committed to empowering patients with the knowledge and skills they need to take back control of their overall wellness. Traditional medicine, on the other hand, focuses almost exclusively on the “expert” doctor’s ability to match disease or disorder with the appropriate pharmaceutical.
Functional medicine focuses on biochemical individuality; traditional medicine treats every patient more or less the same way. Functional medicine is highly individualized, with doctors investing huge amounts of time in each case’s unique challenges and performing extraordinarily thorough testing. In contrast, traditional medicine tends to treat patients as their diagnosis, as if every diabetic faced the same obstacles or had the same disease causation.
Functional medicine is preventative care; traditional medicine is grounded in early-detection. Functional medicine doctors would love for patients to start seeing them before their diseases progress to the point of desperation, because functional medicine is preventative care at its finest. Traditional medicine aspires to catch disease early enough to effectively treat it with medicine.
Functional medicine seeks to address the root cause of illness; traditional medicine seeks to identify symptoms. While a traditional doctor looks at the symptom of uncontrolled blood sugars and sees a diagnosis of diabetes, a functional medicine doctor looks at the symptom of uncontrolled blood sugar and demands to know why those sugars are uncontrolled. “Diabetes” is not a cause, it’s a term that describes a certain set of symptoms. Functional medicine doctors want to do more than just identify your symptoms and prescribe medication to reduce their effects; they want to know what’s really wrong and work to correct it.
Functional medicine is innovative; traditional medicine is high-tech. Sure, allopathic medicine is up-to-date when it comes to technology, science, and pharmacological chemistry, but traditional medicine is not truly innovating the healthcare industry. Functional medicine is, leading the way in cost-effective, private-pay health care and working with teams of graphic designers and social media experts to brand themselves and mass market their new approach to wellness to impact the greatest number of potential patients.
As more and more Americans face the consequences of chronic illness and confront the challenges created by an ineffective traditional treatment model, functional medicine will continue to gain traction and credibility as a legitimate alternative to conventional healthcare.

Source: https://thenextweb.com/contributors/2017/10/23/functional-medicine-way-future/

Creative Medical Technology Holdings Announces Commercialization of patented Stem Cell Procedure for Erectile Dysfunction by Creative Medical Technology Holdings, Inc.

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PHOENIX, Oct. 19, 2017 /PRNewswire/ -- Creative Medical Technology Holdings (OTCQB – CELZ) announced today completion of the safety data analysis on 20 patients with pharmacologically-resistant erectile dysfunction treated with the Company's patented CaverStem™ procedure. 

The trial, sponsored by Creative Medical Technology Holdings, was conducted at the University of California Los AngelesHarbor Hospital/LA Biomed under Institutional Review Board (IRB) approval. An independent medical safety monitor was also appointed to review the patient data for safety and feasibility of administering bone marrow derived stem cells into patients with erectile dysfunction.  The goal of this procedure is to regenerate blood vessels and smooth muscle, parts of the penis that are not functioning properly in this patient population.

"Based on establishment of safety of the CaverStem™ procedure in a formal university-based clinical trial, and independent confirmation of efficacy in an European clinical trial1, we have launched commercialization for the CaverStem™ procedure," said Timothy Warbington, President and Chief Executive Officer of Creative Medical Technology Holdings.  "Amongst other top urologists, we have recruited a world-renowned urologist as a lead physician to roll-out the procedure. We anticipate that the procedure will be available to patients that meet the eligibility criteria within the next 60 days."

According to the National Institutes of Health, approximately 30 million men in the United States suffer from Erectile Dysfunction2, of which 9 million do not respond to pharmacological treatments such as Viagra, Levitra and Cialis.

"The CaverStem™ procedure involves obtaining a small amount of bone marrow from the patient, purifying the stem cells using a closed system device that is FDA cleared, and then administering these cells in the same procedure into the patient's penis," said Thomas Ichim, Ph.D, Chief Scientific Officer and Co-Founder of the Company.  "Having published the first peer-reviewed paper on this procedure back in 2013 together with internationally renowned urologists and stem cell experts3, it is very exciting for me to watch this translate from bench to bedside."

About Creative Medical Technology Holdings

Creative Medical Technology Holdings, Inc. is a clinical stage biotechnology company currently trading on the OTCQB under the ticker symbol CELZ. For further information about the company go to creativemedicaltechnology.com.

 

source: https://www.prnewswire.com/news-releases/creative-medical-technology-holdings-announces-commercialization-of-patented-stem-cell-procedure-for-erectile-dysfunction-300539944.html

5 Breakthrough Medical Technologies So Crazy They Sound Like Science Fiction by Tim Chen

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Astounding innovations in medical technology are constantly being researched and developed. From machine learning AI that can predict patient lifespan to devices that can turn your skin cells into any organ — behind laboratory doors lie a breadth of ideas which can expand the limits of medicine and redefine public health strategy. However, unless your hobbies consist of scrawling through scientific journals and technology reviews, it’s pretty easy to miss out on the most promising tech from the health sciences.

So here’s a list of some of the best recent breakthrough tech that could change the way we think about medicine and health.

1. A regenerative nanodevice that "heals in one touch."

Picture going to the hospital after a horrific accident where you’re at risk of losing your leg. You go the emergency room in full panic and the doctor applies a small chip on your skin, which then converts your skin into the necessary cells to heal and save that leg.

 

Thanks to the researchers at the Ohio State University, a piece of nanotech called Tissue Nanotransfection (TNT) means that this could be lifted from the realms of science fiction and dropped straight into clinical reality.

The device is composed of two parts: first is the nanotech chip — no larger than a sim card — which is designed to deliver biological instructions to your skin cells for reprogramming. The second part is the biological instruction themselves, the "cargo" which tells your skin cells what to turn into. The cargo is delivered by a small zap of electricity, barely perceptible to human senses.

The study used mice and pigs as experiment subjects, where the researchers actually saved a badly injured leg of a mouse by converting its skin cells to restore blood flow. TNT was also used to create nerve cells to help mice recover from stroke-induced brain damage. Plans for clinical trials in human application start next year, so look out for the announcement when we can repair failing organs with nanotransfected skin cells.

2. A nanoparticle-powered microneedle patch to melt fat.

In addition to regenerative medicine, nanotech is also being researched as treatment for obesity and diabetes — via a "microneedle patch" that can facilitate targeted fat burning through drug loaded nanoparticles.

Humans store fats as either white fats or brown fats. White fat is geared for long term energy, whereas brown fats burn far easier. However, by the time we reach adulthood, most fat is kept as white fats.

A drug that turns fats from white to brown has long been sought — but the problem is that these kinds of drugs also tend to have side effects for other body parts — which means they can’t be ingested as a pill or injected through conventional methods.

 

Patients at the Aimin Fat Reduction Hospital exercise on treadmills at the hostpital's gym in Tianjin, China, on Thursday, December 7, 2006. As China's economy expanded more than sevenfold from 1992 to 2002, the number of obese people in the country doubled to 60 million, or about the population of the U.K. Photographer: Natalie Behring/Bloomberg News.

Developed by researchers from the Columbia University Medical Centre, the microneedle patch offers a controlled drug delivery so only the desired areas are affected. Once applied to the skin, the patch releases a "fat-browning" drug encapsulated in nanoparticles. Because these particles slowly dissolve when they come into contact with the body, the drug only impacts the fat directly under the skin.

The research, published in ACS Nano, used obese mice as test subjects. After a week of treatment, they found a 20% fat reduction in the targeted areas — as well as lowered blood glucose levels (implying an application in diabetes treatment).

3. A tech that lets you compose music with your mind.

Have you ever read The Diving Bell and The Butterfly? If you haven’t, it’s about a magazine editor who becomes completely paralyzed with the exception of one eyelid, and he wrote a whole book by communicating through blinking.

Now imagine if you could write a book, or compose an entire symphony using only the power of your mind.

Using a technology called brain-computer interfaces, or BCIs, researchers from the Graz University of Technology have done just that. Called the “Brain Composer” by its creators, the application allows anyone to compose music just by thinking about it.

BCIs are a branch of science that looks to replace and enhance everyday bodily functions with programs controlled by brainwaves. Essentially, they are the applications that read brainwaves and allow users to control external devices. They can replace or enhance a host of everyday functions — allowing the less-abled to do everything from writing a letter (or a book) to controlling exoskeletons and prosthetics.

The study took 18 test subjects, who were hooked up to a brainwave measuring cap connected to a BCI and music composition software. A number of notes and symbols flashed before them on a screen, and they concentrated on the notes that they wanted. Because your brainwaves alter slightly when you focus, BCIs detect this change and translate them into the desired action. In this case, it was the particular chord or symbol that the subjects wanted to write down.

We could soon be in an era where even complete paralysis can be "treated" by hooking up patients up to BCIs that allow them to write tunes, walk with an exoskeleton and live in ways that would otherwise be impossible.

4. A cancer detecting pen.

A major obstacle in cancer surgery has to do with the difficulties in distinguishing healthy tissue from the cancerous. Remove too little, and it increases the chances of recurrence; remove too much, and it can have adverse consequences for biological function.

From scientists from the University of Texas at Austin comes a pen shaped device, so aptly named the MasSpec Pen, which can distinguish cancerous tissues during surgery in a staggering 10 seconds, and has shown a 96% accuracy rate in trials thus far.

 

A Palestinian girl suffering from cancer is seen at the al-Rantisi children's hospital in Gaza City on April 6, 2017. (MOHAMMED ABED/AFP/Getty Images)

Currently, the most advanced method of cancer detection in surgery is called Frozen Section Analysis, which can take around 30 minutes or more to process samples. It can also be unreliable in up to 10-20% of cases for cancers which are challenging to detect when frozen.

The MasSpec Pen works by comparing certain molecules, called metabolites, which are produced by tissue cells. Because the metabolites produced by cancerous cells are distinct from healthy ones, the pen can return a result as either "normal" or "cancer."

When pressed against the patient’s tissue, the plastic tip of the pen releases a drop of water, which absorbs thousands of metabolites and runs them through a mass spectrometer (which identifies the molecular fingerprint of the tissues under examination).

The study analyzed tissues taken from 253 cancer patients, and the device is expected to be tested in live surgeries starting next year. If applied on a wide scale, this would not only improve the speed of tissue analysis by some 150 fold, it would also be vastly beneficial to the accuracy and speed of cancer surgeries.

5. Machine learning AI to predict your lifespan.

If you could find out how long you have left to live, would you? With developments in artificial intelligence, a computer might soon be able to answer that question just by scanning your internal organs.

Published in the Nature journal Scientific Reports, scientists from the University of Adelaide have been using artificial intelligence to predict patient lifespans through analyzing medical imagery.

The researchers used images of 48 patients’ chests and fed them into a "deep learning" algorithm which made predictions about which of patients would die within five years. The results were accurate 69% of the time, which is similar to the predictions made by practitioners.

Deep learning is a machine learning technique, where an algorithm "learns" to recognize useful patterns in a given set of data, then make observations and predictions. In this case, the algorithm "learned" the complexities of disease manifestation and assessed patient health by looking at organ imaging — but it is being explored in different areas of healthcare, as well.

From here, the AI is only going to get more accurate: the more data you feed into the algorithm, the more samples it has to discover insights and information otherwise invisible to the human mind. Which is why, for the next stage of research, the scientists are going to feed tens of thousands of images into the AI for analysis. It’ll still take some time before this sort of medical AI can be applied on a wide clinical basis, but with already promising results — it won’t be too long before computers can tell you how long you have a live at a moment’s glance.

 

Source: https://www.forbes.com/sites/chentim/2017/10/06/5-breakthrough-medical-technologies-so-crazy-they-sound-like-science-fiction/#505ba11819f5

New medical technology for kidney dialysis by Tim Sandle

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The company Kibow Biotech has undertaken further validation of Its "Enteric Dialysis®" Technology, and Renadyl™ Product Formulation, designed for maintaining healthy kidney function.
The biotechnology is designed and sold to hospitals and medical centers and it is an example of important developments within the biotech space. Renadyl is the only kidney health supplement formulated to maintain healthy kidney function.Kibow Biotech began developing genetically engineered probiotics. These are used to address the toxins that build up due to reduced kidney function (such as indoles, phenols and amines). This probiotic forms part of the concept of "Enteric Dialysis®", which was set out in a 1996 research paper titled "Will the Bowel be the Kidney of the Future?" This paper looked at the Gut-Kidney connection and the role of microorganisms.Kibow moved away from genetically engineered probiotics and began to use three strains of bacteria that serve as probiotics capable of carrying out the same function. These viable organisms were incorporated into the kidney health supplement called Renadyl. The concept behind this is that these intestinal microbiota provide essential functions which the human body, by itself, is unable to supply. The probiotic has the ability to target and help reduce the buildup of uremic toxins in the body, thus helping to maintain healthy kidney function.The Renadyl supplement was then subjected to assessment, which consisted of SHIME machine in vitro studies; nephrectomized animal studies in rats and retired zoo animals. The test animals had moderate to severe kidney failure. This was then followed by safety dose-escalation clinical trials in humans. Finally, efficacy clinical trials in dialysis patient populations were performed.The success of Kibow Biotech is within the context of nine out of ten biotech companies failing within the first five years of business. Kibow has now been operating for twenty-years. Tis success rests on remaining innovative.For further verification, the company has undertaken a series of customer surveys which chows a positive impact upon the user's quality of life. The most recent survey, showed stabilization of kidney function measured by Glomerular Filtration Rate (GFR). GFR is a key metric for assessing kidney function, and is used to classify stages of chronic kidney disease.A further study will be held. This is the placebo controlled, large-scale clinical trial titled "Hope Study”, designed as a multi-site Health Economics and Outcomes Research (HEOR) clinical trial.

source: http://www.digitaljournal.com/life/health/new-medical-technology-for-kidney-dialysis/article/505116

Creative Medical Technology Holdings Expands Stem Cell Therapeutic Platform by Entry into Field of Stroke and Neurodegeneration by Creative Medical Technology Holdings, Inc.

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PHOENIX, Oct. 16, 2017 /PRNewswire/ --  Creative Medical Technology Holdings (OTCQB: CELZ) announced today filing of a patent application using a combination of an FDA approved drug together with the patient's own bone marrow derived stem cells for the treatment of stroke.  The patent, entitled "Autologous Bone Marrow Mononuclear Cells as a Substrate for Enhancement of Neuroregenerative Therapy", covers the use of the patient's bone marrow stem cells, together with an FDA approved drug, to stimulate the naturally occurring regenerative processes after certain types of strokes.  The Company has currently two issued patents using the patient's own bone marrow stem cells covering disc regeneration #9,598,673, and erectile dysfunction #8,372,797.  The Company has recently reported completion of enrollment in its clinical trial for erectile dysfunction. 

"Stroke represents one of those situations where the body's own stem cells leave the bone marrow, enter circulation, and attempt to heal the damaged brain areas.  It is documented that patients in which larger numbers of bone marrow stem cells enter circulation, have a better prognosis as compared to patients in which stroke induces a lower number of stem cells to enter circulation1," said Thomas Ichim, Ph.D, Chief Scientific Officer of Creative Medical Technology Holdings. "In the current patent we augment the naturally occurring approach by extracting stem cells from the bone marrow, placing them in circulation, and administering an FDA approved drug to enhance their activity.  We are particularly excited by the fact that this approach falls under the practice of medicine and does not require full clinical trials for commercialization."

Creative Medical Technology Holdings focuses on rapid commercialization-based approaches using the patient's own stem cells under the practice of medicine.

"Stroke is a devastating condition, which is estimated to represent an over $20 billion dollar annual market in the USAalone.  We are confident that our new approach to addressing stroke will provide a new tool in the hands of neurologists, which will allow for a 'natural-based' regenerative approach to this condition," said Timothy Warbington, President and Chief Executive Officer of the Company. "Given that we have been previously successful at having patents issued using autologous approaches, as well as our rapid entry into the clinic, we are excited to open up yet another market for our technology platform."

About Creative Medical Technology Holdings

Creative Medical Technology Holdings, Inc. is a clinical-stage biotechnology company with two focus areas; 1) personalized stem cell procedures for sexual dysfunction and disc degeneration and 2) universal, off-the-shelf amniotic fluid-based stem cells that possess superior healing potential without negative medical or ethical issues. Through our own research and collaborations with leading academic institutions, we have developed proprietary protocols, built an extensive intellectual property portfolio, developed complete treatment offerings for erectile dysfunction and disc degeneration and are performing ground-breaking research with our amniotic fluid-based stem cell.

For additional information visit www.CREATIVEMEDICALTECHNOLOGY.com

Forward-Looking Statements

This release may contain "forward-looking statements." Forward-looking statements are identified by certain words or phrases such as "may", "aim", "will likely result", "believe", "expect", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the SEC for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.

 

Source: https://www.prnewswire.com/news-releases/creative-medical-technology-holdings-expands-stem-cell-therapeutic-platform-by-entry-into-field-of-stroke-and-neurodegeneration-300536679.html

Stryker gets $3.4 million incentive to expand medical technology business in Utah by Mike Gorrell

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The state made another investment Thursday to bolster its life-sciences industry, extending a $3.4 million tax-rebate incentive to medical technology company Stryker, which is expanding its neurotechnology training and manufacturing center at 4870 S. 2100 South in Salt Lake City.

Based in Kalamazoo, Mich., Stryker expects to hire 540 people and to spend $100 million on the expansion over the next decade. With these workers are required to earn at least 110 percent of the average Salt Lake County wage, the hirings should result in new wages of $192 million plus $17 million in additional state tax revenue.

“World-class companies like Stryker elevate Utah’s life-science industry in the global market,” said Val Hale, executive director of the Governor’s Office of Economic Development, whose board approved the post-performance tax incentive Thursday.

 

Added Theresa Foxley, president and CEO of the Economic Development Corporation of Utah: “Stryker has cemented itself as a leader in global innovation and medical device manufacturing. With their continued expansion in Utah, Stryker adds to an already recognized and established life sciences and medical device manufacturing hub.”

Stryker has operated in Utah since 2011. Since then, said Mark Paul, president of the company’s neurovascular division, “we’ve benefited from the talented workforce and first-rate education, research and healthcare facilities in the area.”

In January, the company opened a 137,000-square-foot facility that has a fully integrated operating room with booms, surgical lights and a high-definition audio and imaging system that enables physicians in an operating room to communicate with colleagues anywhere in the world.

Manufacturing of stroke-care technology products is scheduled to start this year along with physician training.

This new state funding will help the company expand the facility and add to Stryker’s product portfolio, Paul said, including new equipment for orthopedic, spinal and endoscopic treatments.

 

Founded by medical doctor Homer Stryker in 1946 and now traded on the New York Stock Exchange, under the ticker SYK, the company had $11.3 billion in annual sales last year, three quarters of which were in the United States. It has 33,000 employees worldwide at 43 manufacturing and research and development sites.

 

source: http://www.sltrib.com/news/business/2017/10/12/stryker-gets-34-million-incentive-to-expand-medical-technology-business-in-utah/

Liquid biopsy, molecular testing vs. reimbursement: A personal story by Arundhati Parmar

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As editor and journalist, I am supposed to be objective when it comes to the industry I cover: healthcare

Yet ever since a close family member was diagnosed with Stage 4 renal cell carcinoma back in 2015, it has also been intensely personal. In dealing with docs, nurses, technology, I am routinely flummoxed. Why is it that the medication list in the EHR on the clinic side doesn’t match up with its counterpart on the hospital side? Why is it that hospital discharge papers reflecting the cause for admission contradict the lab work and the conclusion drawn by doctors?

This story about the reimbursement of liquid biopsies and gene testing is also the result of that sense of puzzlement. While novel and gaining in acceptance, liquid biopsies and large-panel testing of genes have a way to go before convincing insurers to reimburse the cost of tests. It will also depend on how clinical guidelines change for managing different types of cancer.

Late last year, the family member’s oncologist recommended that he get the Guardant360 liquid biopsy test. The test concluded that there was no actionable information. In other words, there was no identifiable drug that the oncologist could provide to help his disease based on gene mutations the test unearthed.

A few months ago he got a letter from Cigna, his insurer, saying that even after an appeal from his healthcare provider, the company won’t pay for the Guardant360 test. The claim amount was $6,800. The reason for denial was the following:

After careful consideration of the available clinical information and current scientific data, this request cannot be approved because there is insufficient scientific evidence supporting the validity, clinical utility, and effectiveness of molecular testing for detection of cell-free DNA or circulating tumor cells for any cancer indication.

Guardant Health, for its part, has this on its website:

Guardant360 has undergone extensive analytical and clinical validation and is supported by publications from leading cancer centers globally. It’s been used by thousands of oncologists and helps guide treatment decisions at more than 80% of top US cancer centers.

The two statements could not be more contradictory.

That prompted me to reach out to Cigna with a genuine desire to understand how the insurer evaluates newer technologies like liquid biopsy and broad-panel gene testing. A Cigna spokesman graciously connected me with Dr. Julie Kessel, director of the company’s Coverage Policy unit.

“We don’t always cover liquid biopsy because it depends on the indication it is for and then it depends on what kinds of tests are being requested as part of the liquid biopsy assessment,” she explained in a recent phone interview. “The biggest challenge I think for us right now and for providers and for patients is that those tests give you so much information, what do you with all that information? What is a concern for us is: Do what they measure make a difference in the clinical outcome for the patient? So which of those myriads of targeted mutations actually has the evidence that allows the doctor and a patient to make a decision about their treatment that results in improved clinical outcomes and that’s really what it comes down to.”

In other words, large panel tests are targeting too many genes, in her opinion. Tests like Guardant360 and Foundation One (from Foundation Medicine) subject the tumor fragments in the blood and tumor tissue (from a regular biopsy) respectively to 73 and more than 300 genes respectively.

Based on indication and clinical evidence Cigna will cover a single gene test or two, but it doesn’t cover broad gene testing like those offered by Foundation and Guardant. This is irrespective of whether the sample being interrogated is actual tumor tissue or tumor fragments floating about in the blood and obtained through liquid biopsy. So, no coverage of panel tests no matter what the type of cancer is.

But Kessel did leave room for such decisions to change.

“The tests and the technology are emerging so very rapidly that there is no question that we are rethinking how do we do this, how do we keep up with the science, how do we not interfere with the science, how do we facilitate doctor-patient shared decisionmaking,” she said.

She also pointed out that Cigna looks for guidance from the National Comprehensive Cancer Network (NCCN) while making coverage decisions. NCCN is a nonprofit group comprising top cancer centers that routinely updates clinical practice guidelines in the field of oncology. 

“If the NCCN says we think it’s OK at a level of 1, 2A or 2B [rating] to subject this tissue, however you got it, to these [many] tests, we would approve that,” Kessel declared. “We respect the determination of NCCN and if they were to make a specific recommendation … we have a policy that says we will adhere to that.”

Turns out NCCN, at least in nonsmall-cell lung cancer, has approved broad-based gene testing at a 2A rating, according to a spokeswoman. Here’s the specific language published in July representing the eighth version of the 2017 guidelines.

Testing should be conducted as part of broad molecular profiling.

Footnote: The NCCN NSCLC Guidelines Panel strongly advises broader molecular profiling with the goal of identifying rare driver mutations for which effective drugs may already be available, or to appropriately counsel patients regarding the availability of clinical trials. Broad molecular profiling is a key component of the improvement of care of patients with NSCLC.

Dr. Rogerio Lilenbaum, a board member of NCCN and Chief Medical Officer of Smilow Cancer Hospital at the Yale Cancer Center said that for nonsmall-cell lung cancer, both panel testing and liquid biopsies are appropriate. 

“In lung cancer, for example, we do have data that liquid biopsies are clinically useful and are accurate,” explained Lilenbaum, who is a medical oncologist and sits on the NCCN’s NSCLC panel. “In lung cancer, there are clinical trials and other guidelines that suggest that there is a good level of accuracy between the liquid biopsy and the tumor biopsy, which would serve as the gold standard. In certain circumstances, you can use a liquid biopsy to guide treatment without having to resort to a tumor biopsy.”

When it comes to broad molecular profiling and testing, insurance coverageis, “at best erratic,” Lilenbaum said. He added that some insurers may cover individual genes but that is probably not the best way forward.

“We have a large insurance company like Anthem here in Connecticut and they don’t seem to be paying for any panels,” Lilenbaum said. “They may cover individual genes but that’s probably not a cost-effective way to do molecular profiling.”

He said insurers will argue that there are six to eight actionable genes that we know of and so why should we cover a large panel of 300 genes.

“There is no simple answer to this,” Lilenbaum said. “From a clinical practice, they are correct. You can argue that in an academic center like ours we still want to test because we want to pursue other less known mutations or molecular alterations because 1) it can guide clinical trials and 2) it allows us to create a database that perhaps in the future will change how we approach patients with those mutations. We are looking at the future. But for a clinical practice guideline – what you do with your patient tomorrow – there are only a few of those genetic alterations [that are actionable.]”

Priority Health, which is listed on Guardant Health’s website as an insurer that covers the test, declined comment as did a representative from Guardant, which is based in Redwood City, California.

Lilenbaum said that his understanding of the way Medicare looks at molecular profiling is that as long as a panel test includes the handful actionable genes, the Centers for Medicare and Medicaid may be willing to cover it.

However, “it’s not a policy that’s well known or consistent across states ….” he said. “Docs continue to order the tests without knowing who’s going to pay for them.”

CMS coverage is, of course, the benchmark for commercial insurers. And at a recent medical technology conference, a CMS official hinted that the agency is very close to making a National Coverage Decision (NCD) as it pertains to Foundation Medicine.

“One of our Parallel Review projects is with Foundation Medicine next-generation sequencing,” explained Tamara Syrek Jensen, director of the Coverage and Analysis group, at CMS. “We’re actually working on the decision and I had a briefing with Carol (Blackford, director, Hospital & Ambulatory Policy Group at CMS) on what we think the decision is and going to meet Demetrios (Kouzoukas, CMS Principal, Deputy Admin and Director, CMS) next week to bring him up to the date on that decision. I also briefed Jeff Shuren (director, Center for Devices and Radiological Health, FDA) at the back of the room on that decision [given that FDA and CMS are simultaneously reviewing Foundation Medicine’s data].

If Foundation Medicine wins a positive NCD from Medicare, broad panel testing is likely to take a big leap in the field of oncology. And hopefully, fewer patients will be left holding the bag.

Liquid biopsy companies, like Guardant and many others, will likely have to wait a bit longer to change hearts and minds.

That is true even of clinical practice guidelines for kidney cancer, the disease that the close family member is battling. For now, an expert who sits on NCCN’s clinical guidelines panel for kidney cancer, recommends a handful of genes be tested.

“Large panel somatic mutation tests can be performed on tumors from patients with refractory disease but at this point in time there are no specific algorithms in place as there are relatively few actionable mutations in kidney cancer.” said Dr Eric Jonasch, with the MD Anderson Cancer Center in an email forwarded by a NCCN spokeswoman. “This will undoubtedly change as our understanding of kidney cancer biology evolves.”

 

source: https://medcitynews.com/2017/10/liquid-biopsy-molecular-testing-vs-reimbursement-personal-story/

New Bill to Tackle Medical Device Cybersecurity by Rajiv Leventhal

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New legislation from two Republican lawmakers looks to lay out a cybersecurity framework which protects sensitive healthcare information from cyber attacks.

U.S. Representatives Dave Trott (MI-11) and Susan Brooks (IN-05) introduced the Internet of Medical Things Resilience Partnership Act last week, with the aim to collect and centralize all existing, relevant cybersecurity standards, guidelines, frameworks, and best practices, identified the current high-priority gaps and problems, and pinpoints actionable solutions while providing a framework for IoMT (Internet of Medical Things) developers for which to reference.

In a statement, Rep. Brooks, said, “There are millions of medical devices susceptible to cyber attacks and often times, we are wearing these networked technologies or even have them imbedded in our bodies. Bad actors are not only looking to access sensitive information, but they are also trying to manipulate device functionality. This can lead to life-threatening cyber attacks on devices ranging from monitors and infusion pumps, to ventilators and radiological technologies.”

Brooks’ statement continued, “As the number of connected medical devices continue to grow, so does the urgency to establish guidelines for how to prevent these kinds of dangerous attacks. It is essential to provide a framework for companies and consumers to follow so we can ensure that the medical devices countless Americans rely on and systems that keep track of our health data are protected. I am proud to introduce a bill with my colleague Rep. Trott that brings together public and private sector counterparts to address potential vulnerabilities of medical technologies.”

Per the legislation, the Office of the national Coordinator for Health IT (ONC) would be part of a working group—established by the FDA (Food and Drug Administration) and NIST (NationalInstituteofStandardsandTechnology)—that would develop recommendations for voluntary frameworks and guidelines to increase the security and resilience of networked medical devices sold in the U.S. that store, receive, access, or transmit information to an externalrecipient or system for which unauthorizedaccess, modification, misuse, or denial of use may result in patient harm.

 

source: https://www.healthcare-informatics.com/news-item/cybersecurity/new-bill-tackle-medical-device-cybersecurity

5 Breakthrough Medical Technologies So Crazy They Sound Like Science Fiction by Tim Chen

Astounding innovations in medical technology are constantly being researched and developed. From machine learning AI that can predict patient lifespan to devices that can turn your skin cells into any organ — behind laboratory doors lie a breadth of…

Astounding innovations in medical technology are constantly being researched and developed. From machine learning AI that can predict patient lifespan to devices that can turn your skin cells into any organ — behind laboratory doors lie a breadth of ideas which can expand the limits of medicine and redefine public health strategy. However, unless your hobbies consist of scrawling through scientific journals and technology reviews, it’s pretty easy to miss out on the most promising tech from the health sciences.

So here’s a list of some of the best recent breakthrough tech that could change the way we think about medicine and health.

1. A regenerative nanodevice that "heals in one touch."

Picture going to the hospital after a horrific accident where you’re at risk of losing your leg. You go the emergency room in full panic and the doctor applies a small chip on your skin, which then converts your skininto the necessary cells to heal and save that leg.

 

Thanks to the researchers at the Ohio State University, a piece of nanotech called Tissue Nanotransfection (TNT) means that this could be lifted from the realms of science fiction and dropped straight into clinical reality.

The device is composed of two parts: first is the nanotech chip — no larger than a sim card — which is designed to deliver biological instructions to your skin cells for reprogramming. The second part is the biological instruction themselves, the "cargo" which tells your skin cells what to turn into. The cargo is delivered by a small zap of electricity, barely perceptible to human senses.

The study used mice and pigs as experiment subjects, where the researchers actually saved a badly injured leg of a mouse by converting its skin cells to restore blood flow. TNT was also used to create nerve cells to help mice recover from stroke-induced brain damage. Plans for clinical trials in human application start next year, so look out for the announcement when we can repair failing organs with nanotransfected skin cells.

2. A nanoparticle-powered microneedle patch to melt fat.

In addition to regenerative medicine, nanotech is also being researched as treatment for obesity and diabetes — via a "microneedle patch" that can facilitate targeted fat burning through drug loaded nanoparticles.

Humans store fats as either white fats or brown fats. White fat is geared for long term energy, whereas brown fats burn far easier. However, by the time we reach adulthood, most fat is kept as white fats.

A drug that turns fats from white to brown has long been sought — but the problem is that these kinds of drugs also tend to have side effects for other body parts — which means they can’t be ingested as a pill or injected through conventional methods.

 

Patients at the Aimin Fat Reduction Hospital exercise on treadmills at the hostpital's gym in Tianjin, China, on Thursday, December 7, 2006. As China's economy expanded more than sevenfold from 1992 to 2002, the number of obese people in the country doubled to 60 million, or about the population of the U.K. Photographer: Natalie Behring/Bloomberg News.

Developed by researchers from the Columbia University Medical Centre, the microneedle patch offers a controlled drug delivery so only the desired areas are affected. Once applied to the skin, the patch releases a "fat-browning" drug encapsulated in nanoparticles. Because these particles slowly dissolve when they come into contact with the body, the drug only impacts the fat directly under the skin.

The research, published in ACS Nano, used obese mice as test subjects. After a week of treatment, they found a 20% fat reduction in the targeted areas — as well as lowered blood glucose levels (implying an application in diabetes treatment).

3. A tech that lets you compose music with your mind.

Have you ever read The Diving Bell and The Butterfly? If you haven’t, it’s about a magazine editor who becomes completely paralyzed with the exception of one eyelid, and he wrote a whole book by communicating through blinking.

Now imagine if you could write a book, or compose an entire symphony using only the power of your mind.

Using a technology called brain-computer interfaces, or BCIs, researchers from the Graz University of Technology have done just that. Called the “Brain Composer” by its creators, the application allows anyone to compose music just by thinking about it.

BCIs are a branch of science that looks to replace and enhance everyday bodily functions with programs controlled by brainwaves. Essentially, they are the applications that read brainwaves and allow users to control external devices. They can replace or enhance a host of everyday functions — allowing the less-abled to do everything from writing a letter (or a book) to controlling exoskeletons and prosthetics.

The study took 18 test subjects, who were hooked up to a brainwave measuring cap connected to a BCI and music composition software. A number of notes and symbols flashed before them on a screen, and they concentrated on the notes that they wanted. Because your brainwaves alter slightly when you focus, BCIs detect this change and translate them into the desired action. In this case, it was the particular chord or symbol that the subjects wanted to write down.

We could soon be in an era where even complete paralysis can be "treated" by hooking up patients up to BCIs that allow them to write tunes, walk with an exoskeleton and live in ways that would otherwise be impossible.

4. A cancer detecting pen.

A major obstacle in cancer surgery has to do with the difficulties in distinguishing healthy tissue from the cancerous. Remove too little, and it increases the chances of recurrence; remove too much, and it can have adverse consequences for biological function.

From scientists from the University of Texas at Austin comes a pen shaped device, so aptly named the MasSpec Pen, which can distinguish cancerous tissues during surgery in a staggering 10 seconds, and has shown a 96% accuracy rate in trials thus far.

 

A Palestinian girl suffering from cancer is seen at the al-Rantisi children's hospital in Gaza City on April 6, 2017. (MOHAMMED ABED/AFP/Getty Images)

Currently, the most advanced method of cancer detection in surgery is called Frozen Section Analysis, which can take around 30 minutes or more to process samples. It can also be unreliable in up to 10-20% of cases for cancers which are challenging to detect when frozen.

The MasSpec Pen works by comparing certain molecules, called metabolites, which are produced by tissue cells. Because the metabolites produced by cancerous cells are distinct from healthy ones, the pen can return a result as either "normal" or "cancer."

When pressed against the patient’s tissue, the plastic tip of the pen releases a drop of water, which absorbs thousands of metabolites and runs them through a mass spectrometer (which identifies the molecular fingerprint of the tissues under examination).

The study analyzed tissues taken from 253 cancer patients, and the device is expected to be tested in live surgeries starting next year. If applied on a wide scale, this would not only improve the speed of tissue analysis by some 150 fold, it would also be vastly beneficial to the accuracy and speed of cancer surgeries.

5. Machine learning AI to predict your lifespan.

If you could find out how long you have left to live, would you? With developments in artificial intelligence, a computer might soon be able to answer that question just by scanning your internal organs.

Published in the Nature journal Scientific Reports, scientists from the University of Adelaide have been using artificial intelligence to predict patient lifespans through analyzing medical imagery.

The researchers used images of 48 patients’ chests and fed them into a "deep learning" algorithm which made predictions about which of patients would die within five years. The results were accurate 69% of the time, which is similar to the predictions made by practitioners.

Deep learning is a machine learning technique, where an algorithm "learns" to recognize useful patterns in a given set of data, then make observations and predictions. In this case, the algorithm "learned" the complexities of disease manifestation and assessed patient health by looking at organ imaging — but it is being explored in different areas of healthcare, as well.

From here, the AI is only going to get more accurate: the more data you feed into the algorithm, the more samples it has to discover insights and information otherwise invisible to the human mind. Which is why, for the next stage of research, the scientists are going to feed tens of thousands of images into the AI for analysis. It’ll still take some time before this sort of medical AI can be applied on a wide clinical basis, but with already promising results — it won’t be too long before computers can tell you how long you have a live at a moment’s glance.

 

 

source: https://www.forbes.com/sites/chentim/2017/10/06/5-breakthrough-medical-technologies-so-crazy-they-sound-like-science-fiction/#2ad1b29a19f5

Brazilians training in neurosurgery impressed by American medical technology by Charlie Patton

Since Sept. 27, a group of Brazilian physicians who are now residents in neurosurgery have been in Jacksonville, taking part in “Techniques and Technologies in Neurosurgery,” a program that is a collaborative effort of the Brazilian Society of Neuro…

Since Sept. 27, a group of Brazilian physicians who are now residents in neurosurgery have been in Jacksonville, taking part in “Techniques and Technologies in Neurosurgery,” a program that is a collaborative effort of the Brazilian Society of Neurosurgery and Lyerly Neurosurgery, which is part of Baptist Health.

 

 

 

Most of the training has been done at Baptist Medical Center Jacksonville. But last week the residents spent time in the lab at Medtronic, a medical technology company that has an office on Jacksonville’s Southside. There they practiced techniques on high-tech mannequins.

They visited a lab Thursday at Zimmer Biomet, a medical device company that has an office near the Jacksonville International Airport. There, they practiced a technique for bypassing a brain aneurysm demonstrated by Ricardo Hanel, who is co-medical director of the Baptist Stroke & Cerebrovascular Center. They later practiced the technique on cadaver heads.

For Hanel, providing training to young Brazilian physicians was a chance to help the country where he was born and raised. Hanel earned his medical degree, then did his internship and residency in neurosurgery, in Brazil.

After that he did fellowships at the State University of New York at Buffalo and at Barrow Neurological Institute at St. Joseph’s Hospital in Phoenix, Ariz.

“We can expose young Brazilians to what is outside their training,” Hanel said. “… If you train you get better.”

Orlando Maia, a Brazilian neurosurgeon who is head of the Brazilian Society of Neurosurgeons, said the 12 residents participating in the program were picked on merit based on an annual test Brazilian residents undergo.

While the training in Brazil is good, the difference in technology and in intensity is like day and night, Hanel said.

The were probably about 750 neurosurgical procedures performed in Brazil last year, he said.

“I alone do 750 surgeries a year,” he said. He also said the variety of conditions treated in the U.S. is much greater.

Maia, who spoke in Portuguese with Hanel translating for him, said the students were impressed by a much more open minded way of doing things among Jacksonville caregivers.

“It’s a very collegial environment,” Hanel said on Maia’s behalf. “In Brazil it’s much more hierarchical.”

“It’s very good to be here,” said Jose Almeida, who recently completed his residency. “We’ve seen a lot of complex procedures and a lot of technology. It’s interesting to see how the American health system works.”

“It’s a great program,” said Caio Tamnus. “We got the opportunity to know the system of care in Jacksonville. We had the opportunity to see the robotic spine center. And the microscopes are better here.”

“It’s been a wonderful experience,” said resident Renan Lovato. “… They have so much more technology available.”

Jacksonville also has some interesting food choices, Lovato said.

“I tasted gator tail,” he said. “I liked it.”

Friday is the last day of the program with Eric Sauvageau, Hanel’s co-medical director of the Baptist Stroke & Cerebrovascular Center, scheduled to show the residents operating rooms at Baptist’s downtown campus.

Hanel said he plans to do a similar program with a group of Chinese neurosurgery residents in March and then bring in a new group of Brazilian residents next year.

Source: http://jacksonville.com/news/health-and-fitness/2017-10-05/brazilians-training-neurosurgery-impressed-american-medical

 

U.S. pressing India to avoid capping medical device prices, allow withdrawals by Aditya Kalra

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NEW DELHI (Reuters) - The United States is pressing India not to extend price caps on medical devices and wants New Delhi to allow firms to withdraw products from the market if they do not wish to sell at government determined rates, a U.S. trade official told Reuters.

Indian Prime Minister Narendra Modi’s government has in recent months slashed prices of medical devices such as knee implants and heart stents by up to 75 percent to make them more affordable.

But the $5 billion Indian medical-technology industry - which counts U.S. firms such as Abbott Laboratories (ABT.N), Boston Scientific Corp (BSX.N) and Johnson & Johnson (JNJ.N) as key players - has protested these moves, saying they hurt innovation, profits and future investment.

A senior United States Trade Representative (USTR) official said they were pressing India to not extend price caps to other devices, allow for higher pricing for technologically advanced equipment and let companies withdraw their products if they wish to.

India last month issued orders which effectively barred companies from any immediate withdrawals of heart stents or knee implants following price capping to ensure adequate supply of devices for patients. Abbott, for example, wants to withdraw one of its stents saying it’s not commercially viable under government set prices, but India has rejected its plea.

“It is a principal concern for the United States,” the U.S. official said on condition of anonymity.

India’s trade ministry, which co-chairs such discussions under the U.S.-India Trade Policy Forum did not respond to a request for comment. The federal drug pricing regulator referred questions to the department of pharmaceutical, which did not respond to queries.

Modi, however, has previously said that providing affordable healthcare to patients takes precedence over the interests of companies.

The government has equated high margins charged for some medical devices with “illegal profiteering”. In some cases these margins can exceed 400 percent.

The United States has been increasing pressure on India to revise its stance on price caps for medical devices. A person familiar with the matter said assistant USTR Mark Linscott and his delegation last month conveyed their concerns to Indian trade officials in New Delhi.

 

In May, a group of U.S. Congress members urged India to reconsider its decision to cap prices of stents, which are tiny wire mesh tubes used to treat blocked arteries.

Tanoubi Ngangom, an associate fellow for healthcare at the New Delhi-based Observer Research Foundation, said India must continue to develop policies based on its requirements and not succumb to diplomatic pressure.

“Indian government should retain a pro-public health stance on pricing medical devices to ensure access to affordable healthcare,” she said.

 

Source: https://www.reuters.com/article/us-india-medtech-us/u-s-pressing-india-to-avoid-capping-medical-device-prices-allow-withdrawals-idUSKCN1C90HU

Has Medtronic's Decline Made It A Buy? By Jonathan Wheeler

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Summary

Medtronic is a very diverse mega-cap in the medical device/technology field.

International growth opportunities as well as acquisitions should be able to continue driving improved results for the company.

Although MDT is slightly above its average valuation, the company doesn't go on sale often and is a strong contender for investment.

 

Medtronic (NYSE:MDT) is a force in the medical technology space, with a market capitalization of over $100B and a massive portfolio of devices across the spectrum of patient needs. The last time I wrote about the company, I passed it over for investment due to overvaluation based on its outlook. However, that was nearly a year ago, and the price is 5% lower than it was then with some earnings growth to hopefully bridge the valuation gap. When comparing MDT to its peers, it isn't necessarily the leader in operating metrics, but it is a strong operator and is trading at a pretty fair price currently.

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MDT is well split across its segments, and is most well-known for its Cardiac and Vascular segment. The Diabetes Group represents an excellent long-term opportunity due to the diabetes epidemic in the developed countries that continues to unfold. However, it is still a small part of the company overall. The Minimally Invasive Therapies Group include things like catheters, feeding tubes, ventilators, meshes, etc. Finally, the Restorative Therapies Group includes things like stents, grafts, and drug balloons related mostly to the spine and brain. Additionally, the segment produces neurostimulation systems for pain management, overactive bladder, and other ailments as well as an electrosurgery system utilizing electrical plasma for a variety of applications. This wide diversification shows me that MDT is well established to handle any shifts in technology with its massive size and lack of reliance on any one device type.

 

Source: https://seekingalpha.com/article/4111466-medtronics-decline-made-buy

How Wearable Medical Devices are Transforming Healthcare by Daniel Pine

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By connecting our senses to sensors, wearable technology has made a quantum leap, unlocking numerous opportunities across multiple industry verticals.

Continuing evolution in wearable technology is paving the way for the emergence of advanced devices in the field of communication and navigation. Perhaps, the greatest potential of wearable technology exists in the healthcare sector. Wearable healthcare technology is gaining widespread popularity, primarily owing to its ease of use and flexibility.

People have turned to wearable devices that effectively monitor the functioning of their vitals, helping them avoid daily visits to their physician.

Improving the Medical “Root Cause Analysis”

Traditionally, body-borne computing devices are apt for medical diagnostic purposes. Conventional ways of checking blood pressure and blood sugar required complex, invasive procedures, the results of which were not available instantly. Popular medical wearables available in today’s market have replaced these procedures to an extent as end-users show a marked affinity towards non-invasive procedures and real-time results.

As they reduce the need for physically visiting doctors for common diagnostic procedures, medical wearables will also witness higher adoption at diagnostic centers, specialty clinics, and pathology labs. Wearables designed for improving self-management abilities are also becoming key diagnostic instruments for physicians. Recorded data from such devices is transferred electronically, and the doctor can assess important incidences.

The device and its mobile app may show data on erratic changes in body temperatures during a specific time – and this data can help physicians detect the root cause of such recurring instabilities. Patients can reveal activities they engage in, or the foods they consumed during this period, which could further help the doctor to recommend some prohibitions. Traditional measures to detect the cause of temperature fluxes failed to identify incidences that triggered such fluctuations, but real-time monitoring in wearable medical devices has eliminated this hindrance altogether.

Wearable sensors for remote healthcare monitoring systems are being developed to improve the accuracy of clinical assessment. Wearables equipped with electrocardiograph (EKG) sensors can monitor the patient’s heart activity by sensing multiple physiological signals. Similar to the EKG sensors, manufacturers of wearable medical devices are also focusing towards the development of breathing sensors to monitor respiration and blood pressure (BP) sensors to register critical changes in blood pressure. Some devices are also equipped with complex sensors such as the electromyogram (EMG) sensor that records muscle activity or the electroencephalogram (EEG) sensor that monitors electrical stimulations within the user’s brain.

Wearable medical devices that can offer such critical monitoring procedures effectively can put an end to a wide range of existing medical monitoring systems and products. In addition, the adoption of these medical wearables will further supplement a physician’s ability to denote the health monitoring of a remotely located user. Connectivity functions are preloaded in every wearable medical device available in the market.

Some advanced medical wearables also facilitate cloud connectivity. This means that any crucial irregularities in the user’s health will be informed to all concerned medical practitioners treating the user, and will also update existing electronic medical records through cloud-based accessibility. Eventually, doctors will be comforted by growing accuracy of remote monitoring offered through wearable medical devices and will formulate their therapy by thoroughly relying on the data recorded through these devices.

Healthcare Wearables – the Regulatory Perspective

The transformative potential of wearable medical devices is no longer restrained to medical treatments and healthcare services as these devices are managing to swiftly navigate the interlaced and intricate regulatory approval framework of the FDA. The administrating body’s announcement of smart regulation that directs more oversight towards high-risk technologies is a promising development in the advantage of large players who want to develop a universal platform for wearable medical technology.

Wearable technology is also crossing the boundary from consumer electronics devices to regulated medical devices. A clinically-focused evolution of healthcare wearables, however, is irking the FDA authorities who are concerned more about the potential problems caused to consumers, rather than the security of these wearable devices.

Wearable medical devices associated with fitness apps, diabetes management or similar medical intentions are steering clear of the FDA crossroads, while the ones that record critical data for medical treatment are being meticulously reviewed. Abbott Diabetes Care Inc. developed the FreeStyle Libre Flash Glucose Monitoring System, a wearable arm patch for diabetes self-management. Initially, the product was distributed in certain regions of Europe, awaiting approval from the FDA. Later, the U.S.-based administrative body reviewed the product’s premarketing approval application, and gave the approval, albeit, with some conditions for beginning commercial distribution in the U.S. and other parts of the world.

From a medical standpoint, wearable technology offers promising transformation for the healthcare industry, particularly as patient care devices.

In the long run, healthcare wearables will be observed as an evolving product segment in the global industry of medical devices, which is presently on the cusp of rapid innovation. Cost of regulatory compliance may get lowered, creating a stable ground for manufacturers of wearable medical devices.

These product developers, along with regulators and healthcare service providers, must embrace the potential of wearable technology in improving the conveyance of care to patients.

 

Source: http://www.medicaltourismmag.com/wearable-medical-devices-transforming-healthcare/

BioLargo's Medical Subsidiary Files 510(k) with FDA for its Novel Wound Care Technology by GlobeNewswire

Westminster, CA , Sept. 28, 2017 (GLOBE NEWSWIRE) -- BioLargo, Inc. (OTCQB:BLGO), a sustainable science and technology company that delivers practical solutions for clean water, clean air, and advanced wound care, announced today its subsi…

Westminster, CA , Sept. 28, 2017 (GLOBE NEWSWIRE) -- BioLargo, Inc. (OTCQB:BLGO), a sustainable science and technology company that delivers practical solutions for clean water, clean air, and advanced wound care, announced today its subsidiary Clyra Medical Technologies had submitted to the Food & Drug Administration an application for premarket notification under Section 510(k) of the Food, Drug, and Cosmetic Act. By statute, Clyra must wait 90 days prior to going to market while the FDA evaluates the submission and determines whether to grant it clearance.

BioLargo also announced that the new technology and related data will be exhibited at the Symposium on Advanced Wound Care/Fall (SAWC/Fall), October 20 - 22, 2017, in Las Vegas, Nevada (http://www.sawc.net/fall/). The semi-annual SAWC meeting is the premier interdisciplinary wound care program and the largest annual gathering of wound care clinicians in the United States. More than 2,000 physicians, podiatrists, nurses, therapists, researchers, and scientists are expected to attend the 2017 SAWC/Fall meeting.

Clyra Medical President Steve Harrison commented, “In keeping with BioLargo’s mission, our advanced wound care products have an important contribution to Make Life Better for those suffering with a wide variety of wounds. Our products are safe, gentle and effective, and as such, we believe their role in infection control, chronic wound management, and regenerative skin therapy are important and valuable. We hope this FDA submission is the first of many that will allow us to bring Clyra products to the Advanced Wound Care market.”

President & CEO of BioLargo, Dennis P. Calvert commented, “This very important milestone is another example of our dedication to build value for our shareholders. This project has required an army of supporters, investors, and a highly qualified technical team to make our vision for these products a reality. Through Clyra Medical we will serve others in a very high value market and we believe these platform products will play an important role in health care for decades to come.”

About BioLargo, Inc.
BioLargo, Inc. is a sustainable science, technology and full-service environmental engineering company that makes life better by delivering world-class products and services across a broad range of industries, with a drive to deliver clean water, clean air and advanced wound care. More information can be found about the company at www.BioLargo.com. Its engineering division (www.BioLargoEngineering.com) features an exceptional team of experienced specialists dedicated to integrity, reliability, safety, and environmental stewardship. It water division (www.BioLargoWater.com) showcases its emerging technology, the Advanced Oxidation System “AOS”, an award-winning product, having been awarded more than 35 research grants and counting, specifically designed to eliminate common, troublesome, and dangerous contaminants in water in a fraction of the time and cost of current technologies. Its odor division features sustainable odor elimination products including its CupriDyne Clean (www.CupriDyne.com) Industrial Odor Eliminator, a product currently serving the leading solid waste handling and wastewater treatment companies as well as any industry that that contends with malodors, VOC’s or similar air quality related problems. Its personal care product division features products in the pet, equine, military supply and consumer markets, and include the Nature's Best Solution® and Deodorall® brands (www.OdorNoMore.com). Its medical division (www.ClyraMedical.com) focuses on advanced wound care management, featuring effective and gentle solutions for chronic infected wounds and other uses to promote infection control and regenerative tissue therapy. BioLargo also owns a 50% interest in the Isan System, a fully automated iodine dosing system being commercialized under a license to Clarion Water, Inc (www.ClarionWater.com).

Safe Harbor Statement
The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, the risks and uncertainties included in BioLargo's current and future filings with the Securities and Exchange Commission, including those set forth in BioLargo's Annual Report on Form 10-K.

 

Source: http://markets.businessinsider.com/news/stocks/Toronto-Wins-Bid-to-Host-Top-Medical-Technology-Conference-in-2020-565085

Medical Technology Is Losing Share Of Venture Investments by Bruce Japsen

Medical technology continues to lose ground when it comes to all U.S. venture capital investment as value-based care takes hold of the healthcare system and the industry fights to get rid of a device tax, a new report indicates.The share of med…

Medical technology continues to lose ground when it comes to all U.S. venture capital investment as value-based care takes hold of the healthcare system and the industry fights to get rid of a device tax, a new report indicates.

The share of medical technology venture deals dropped to just 4% of total deals last year compared to the industry’s 13% share 25 years ago, according to the analysisby the Deloitte Center for Health Solutions and The Advanced Medical Technology Association (AdvaMed).

“This report lays out in stark terms the challenges facing not only medtech startups, but the entire ecosystem that supports innovation in our industry,” Ashley Wittorf, executive director of AdvaMed Accel, said in a statement accompanying the report, which was released at AdvaMed's annual Medtech Conference.

 

There were 420 medical technology venture deals in 2016 out of more than 10,000 total venture deals , Deloitte said. That compares to 1992, when Deloitte says there were 98 “medtech venture deals” compared to 762 total venture deals.

The Deloitte analysis indicates the medical technology space hasn’t really recovered from the so-called “Great Recession” of a decade ago when the economic downturn contributed to a reduction in all venture capital funding.

What's more, medical technology companies had been paying a 2.3% medical device tax on sales under the Affordable Care Act until a two-year moratorium began in January 2016. Before the device tax was put on hiatus, the IRS collected between $1 billion and $2 billion a year in 2013, 2014 and 2015.

Meanwhile, medical technology companies say sales of their products have been hit hard from increased consolidation among providers of medical care that are under pressure to buy medical devices and related technology that produces good outcomes, making sure care is delivered at the right place, at the right time and in the right amount.

This move away from fee-for-service medicine to value-based models means insurance companies don't always pay for the medical device a doctor wants to use. Purchasing of devices at large multi-hospital systems has shifted from doctors to “hospital purchasing committees,” authors of the Deloitte report said.

“The trend of investment in medical technology is concerning, but the burgeoning investments in digital health point to an opportunity,” Glenn Snyder, a principal with Deloitte Consulting and the firm’s medical technology practice leader said in an interview.

Given the fast growth in the digital health space, Snyder sees an opportunity for medical device companies to attract move venture capital investment.

“As we look forward, medtech products of all kinds have digital health elements embedded into them,” Snyder said. “Inherently, digital health solutions are more solution-based, while a lot of people think of traditional medtech products as a product and not a solution. Increasingly, medtech products have a digital health component and they have the ability to measure outcomes.”

Whether medical technology companies can develop products that improve outcomes and measure them will be key, since health insurance companies like UnitedHealth Group, Aetna, Cigna and Anthem are making more than half of their payments to doctors and hospitals via value-based models that reward performance and quality of care delivered to patients.

New devices with a digital health component “have the ability to measure outcomes,” Snyder said. “Everybody has a role to improve the health of the ecosystem.”

Apple and Fitbit join pilot program to speed new health tech through FDA by Dani Deahl

According to Bloomberg, the Food and Drug Administration has announced the names of nine companies participating in a pilot program that could let them pre-clear products instead of going through the agency’s traditional application process.The prog…

According to Bloomberg, the Food and Drug Administration has announced the names of nine companies participating in a pilot program that could let them pre-clear products instead of going through the agency’s traditional application process.

The program, called Pre-cert, will include Apple, Fitbit, Samsung, Alphabet-owned Verily, Johnson & Johnson, Pear Therapeutics, Phosphorus, Roche, and Tidepool. The program had attracted over 100 interested companies, and the FDA made its selections based on factors like company size and risk profile of the product(s).

The FDA’s usual timeline for approving new products can often take months, which can delay developers as tech advances faster than the agency can approve it. “We need to modernize our regulatory framework so that it matches the kind of innovation we’re being asked to evaluate,” said FDA commissioner Scott Gottlieb. “These pilot participants will help the agency shape a better and more agile approach toward digital health technology that focuses on the software developer rather than an individual product."

The Pre-cert program was initially launched on July 27th. The companies that participate must provide access to the methods they use to develop, test, and maintain their products as well as give information to the FDA about how they collect data and maintain quality.

Direct-to-consumer health products have faced multiple roadblocks in the past as the FDA tries to keep up with how to regulate unknown territories. DNA testing service 23andMe was ordered to halt sales of its at-home kit in 2013, and was approved earlier this year to detect genes linked to certain medical conditions. It wasn’t until 2016 that the agency outlined recommendations for how manufacturers should tackle cybersecurity in devices, and that guidance took more than a year to create.

With growing consumer demand for advanced health tech — the Apple Watch claims to be to detect heart irregularities, for example, and Google recently bought Senosis Health, a startup that turns smartphones into medical devices — the Pre-cert program could help bring new tech health products to market faster while still providing government oversight.