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Projected Top 10 Medical Companies of 2015
Qmed publishes their list of 2015’s Biggest Medtech Companies
The list of the world’s 10 largest medical device companies is going to look pretty different in 2015 versus 2014.
The medical device industry is seeing some major shifts amid multi-billion dollar mergers and the decision of some...
A sales career in the medical industry offers one the most unique and diversified opportunities available. As a medical sales rep, you’ll always be on the cutting edge of technology with new products being developed and introduced all the time. Everyone likes to be involved in solving problems and helping people. But not all of us have the
The Cleveland Clinic has released its annual picks for the top 10 most important medical innovations.
#1 Mobile Stroke Unit
Time lost is brain lost. High-tech ambulances bring the emergency department straight to the patient with stroke symptoms. Using telemedicine, in-hospital stroke neurologists interpret symptoms via broadband video link while an onboard paramedic, critical care nurse and CT technologist perform neurological evaluation and administer t-PA after stroke detection, providing faster, effective treatment for the affected patient.
#2 Dengue Fever Vaccine
One mosquito bite is all it takes. More than 50 to 100 million people in more than 100 countries contract the dengue virus each year. The world’s first vaccine has been developed and tested, and is expected to be submitted to regulatory groups in 2015 with commercialization expected later that year.
#3 Cost-effective, Fast, Painless Blood-Testing
Have the days of needles and vials come to an end? The new art of blood collection uses a drop of blood drawn from the fingertip in a virtually painless procedure. Test results are available within hours of the original draw and are estimated to cost as little as 10% of the traditional Medicare reimbursement.
#4 PCSK9 Inhibitors for Cholesterol Reduction
Effective statin medications have been used to reduce cholesterol in heart disease patients for over 2 decades, but some people are intolerant and cannot benefit from them. Several PCSK9 inhibitors, or injectable cholesterol lowering drugs, are in development for those who don’t benefit from statins. The FDA is expected to approve the first PCSK9 in 2015 for its ability to significantly lower LDL cholesterol to levels never seen before.
#5 Antibody-Drug Conjugates
Chemotherapy, the only form of treatment available for treating some cancers, destroys cancer cells and harms healthy cells at the same time. A promising new approach for advanced cancer selectively delivers cytotoxic agents to tumor cells while avoiding normal, healthy tissue.
#6 Checkpoint Inhibitors
Cancer kills approximately 8 million people annually and is difficult to treat, let alone cure. Immune checkpoint inhibitors have allowed physicians to make significantly more progress against advanced cancer than they’ve achieved in decades. Combined with traditional chemotherapy and radiation treatment, the novel drugs boost the immune system and offer significant, long-term cancer remission
#7 Wireless Cardiac Pacemaker
Since 1958, the technology involved in cardiac pacemakers hasn’t changed much. A silver-dollar-sized pulse generator and a thin wire, or lead, inserted through the vein kept the heart beating at a steady pace. Leads, though, can break and crack, and become infection sites in 2% of cases. Vitamin-sized wireless cardiac pacemakers can be implanted directly in the heart without surgery and eliminate malfunction complications and restriction on daily physical activities.
#8 New Drugs for Idiopathic Pulmonary Fibrosis
Nearly 80,000 American adults with idiopathic pulmonary fibrosis may breathe easier in 2015 with the recent FDA-approval of two new experimental drugs. Pirfenidone and nintedanib slow the disease progress of the lethal lung disease, which causes scarring of the air sacs. Prior to these developments, there was no known treatment for IPF, where life expectancy after diagnosis is just 3 to 5 years.
#9 Single-Dose Intra-Operative Radiation Therapy for Breast Cancer
Finding and treating breast cancer in its earliest stages can oftentimes lead to a cure. For most women with early-stage breast cancer, a lumpectomy is performed followed by weeks of radiation therapy to reduce the likelihood of recurrence. Intra-operative radiation therapy, or IORT, focuses the radiation on the tumor during surgery as a single-dose, and has proven effective as whole breast radiation.
#10 Novartis’ New Drug for Heart Failure
LCZ696, a twice a day tablet for heart failure, has a unique mode of action which is thought to reduce the strain on the failing heart. An angiotensin-receptor neprilysin inhibitor, or ARNI, it has been granted “fast-track status” by the FDA because of its impressive survival advantage over the ACE inhibitor enalapril, the current “gold standard” for treating patients with heart failure. The unique drug compound represents a paradigm shift in heart failure therapy.