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BioSig announces layoffs as part of cost-cutting effort
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Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, January 31, 2024. Check out the show notes for links to the stories we discussed today at MassDevice.com/podcast. Virtual Incision has sent its mini surgical robot to space. Fast Five hosts Danielle Kirsh and Sean Whooley discuss why it sent the robot to space. MagStim won an FDA nod for its latest transcranial magnetic stimulation technology. Learn what the technology is and how it works in today's episode. Abbott entered into a new $5 billion credit facility. Whooley gives the details of the credit facility. The FDA will reassess IceCure Medical's cryoablation technology for destroying tumors. The Fast Five hosts talk about the FDA's decision and what it means for IceCure. BioSig announced layoffs as part of its latest cost-cutting effort. Hear more about the reason behind the layoffs and what executives had to say.
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