Fast Five: Cala Health, Cue Health Have Layoffs, Noah Surgicals First U.S. Procedure Using Surgical Robot

Welcome to the MassDevice Fast Five MedTech News Podcast, a program that keeps you updated on the latest advances in medical technology. Here's what you need to know for today, May 24, 2023.

Companies often make strategic exit decisions to optimize their focus and resources where they have a competitive advantage. The recent completion of the sale of Bioventus' wound business is a strategic step to optimize its focus and resources in key areas of expertise. Fast Five hosts Sean Wooley and Daniel Kirsch discuss the financial details of the sale.

The FDA's approval of another nasal spray for the treatment of opioid overdose is a positive step in the fight against the ongoing opioid crisis. This nasal spray provides a convenient, non-invasive method of delivering life-saving medication to people facing opioid emergencies. Hooley described the approval and optimism of FDA Commissioner Robert Califf.

The successful completion of the first surgical procedure in the United States using Noah Medical's surgical robot is a major milestone in robotic surgery. These robots combine the latest technology, including robotic arms, high-definition imaging and precise instrument control to improve surgical precision and provide minimally invasive techniques. Kirsch and Uli Noah talk about robotic surgeons and what doctors think of the technology.

BD has expanded its range of universal pre-filled syringes. These pre-filled syringes are ready for use by healthcare professionals, and provide standardized procedures for catheter flushing and maintenance. Hooley provides an inside look at how the syringes work and how they improve the workflow for healthcare workers as they deal with the burden of the COVID-19 pandemic.

Cala Health and Q Health recently announced layoffs in California. Layoffs, while unfortunate, can occur in companies for various reasons, such as restructuring, changing business priorities or economic conditions. These decisions are often taken to ensure the long-term viability and competitiveness of the companies involved. Hooley provided more details about the layoffs, including how many workers are affected and when the layoffs will take effect.

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