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FDA advisory committee gives Abbott a valentine with Triclip endorsement

Just in time for Valentine’s Day, the circulatory system devices panel of the medical devices advisory committee for the U.S. FDA showed some love for Abbott Laboratories’ Triclip transcatheter edge-to edge repair (TEER) system for leaky tricuspid heart valves. ....

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FDA hands Masimo first clearance for medical-grade OTC pulse ox

Masimo Corp. received a pinch of good news with the U.S. FDA’s clearance of its medical-grade fingertip pulse oximeter, Mightysat Medical, for over-the-counter (OTC) sale. The device uses the same technology as Masimo’s Set pulse oximetry used in hospitals and clinics. ....

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Paytm bank: Paytm's switch to compliance-first mode seen too little too late

After the payments bank was put under an embargo back in March 2022, the Paytm leadership did make compliance a focus area, according to multiple people in the know. It wanted to show the sector regulator that Paytm was ready to support all innovation the RBI wanted to introduce in the payments space. While the company might claim its high compliance standards, it seemed to have fallen short of the RBI s expectations. ....

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