Thread regarding Medtronic Inc. layoffs

Recor Medical becames the first company for FDA approved hypertension therapy

https://www.businesswire.com/news/home/20231107892415/en/Recor-Medical-and-Otsuka-Medical-Devices-Announce-First-FDA-Approved-Renal-Denervation-System-for-the-Treatment-of-Hypertension

14 years and $5B later, we are still waiting while an unknown startup was able to secure the first approval

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| 1492 views | | 7 replies (last November 18, 2023) | Reply
Post ID: @OP+1puc2LNm

7 replies (most recent on top)

This didn’t age well…

https://news.medtronic.com/fda-approves-medtronic-symplicity-spyral-renal-denervation-system-for-high-blood-pressure-newsroom#:~:text=The%20U.S.%20Food%20and%20Drug,and%20help%20lower%20blood%20pressure.

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Post ID: @azjm+1puc2LNm

I mean they failed on data though, not the technology. Claiming it's the same thing would still not let them bypass the data.

This is not a 510K it's a PMA application. Totally different criteria

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Post ID: @1ath+1puc2LNm

Medtronic will likely now point at their therapy and state theirs does something similiar, sort of, kind of, maybe ....

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Post ID: @1jjd+1puc2LNm

Medtronic Mindset wins again!!

Congrats Geoff and Karen you f*cking hacks

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Post ID: @xem+1puc2LNm

Thank the board!

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Post ID: @lae+1puc2LNm

Medtronic will have to run another study.

They may wait a year and see what Recor sales look like - there's a huge question if the blood pressure decrease is worth it even for Recor.

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Post ID: @nqq+1puc2LNm

I don’t expect FDA to approve the response the project team is sending. After watching parts of the panel recording, it was obvious that there were a lot of flaws in the study design. How do you reanalyze the existing data to make FDA happy?

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Post ID: @jdz+1puc2LNm

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