Covidien patient monitoring system receives clearance

Covidien has received FDAO 510(k) clearance and CE Mark approval for its Nellcor bedside respiratory patient monitoring system.

The Dublin-based healthcare product manufacturer’s SpO2 monitoring system features alarm management tools and is designed to accommodate multiple settings with wireless connectivity for remote monitoring, according to an Oct. 4 statement.

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The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.