3M lays off thousands of workers, another major insulin pump maker wins FDA nod

Layoffs are becoming a common occurrence in the medical device industry, and they can be a result of various factors. Fast Five hosts Danielle Kirsh and Sean Whooley explore 3M's latest layoff and what the company hopes to do in its restructuring efforts. Insulin pumps are a crucial medical device for people living with diabetes. Insulet, one of the major diabetes device companies in the industry, recently won FDA clearance for its Omnipod GO. Whooley discusses what that means for diabetes patients and when they can expect to see the device on the market. Proprio recently won FDA clearance for its orthopedic surgical navigation platform. It is reported that the system is projected to improve orthopedic procedures and help surgeons more accurately place pedicle screws. The Fast Five hosts discuss how the system works and how executives feel about the company's innovations to come. Life support devices are important for sustaining patients, and the demand for the devices was unprecedented during the COVID-19 pandemic. This week, Abbott received a pair of FDA clearances for its CentriMag life support system. Whooley explains what the FDA indications cover and how the systems work. Stroke treatment devices have revolutionized stroke care in recent years. Whooley and Kirsh take a look at Route 92 Medical's newly FDA-cleared stroke treatment system and how physicians are liking the device so far. Read more at massdevice.com/podcast.