July 21, 2025
| Today’s news and insights for medtech leaders
Whoop pushed back on the warning letter, claiming its blood pressure feature for a wearable wristband is for “wellness” and should not be regulated as a medical device.
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The company reported revenue of $37.2 million in the first quarter, up 39% year over year, but said it has faced challenges in achieving higher rates of adoption in the past.
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Companies have improved their recovery processes and user controls but still lag in risk preparedness, according to the report.
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Rodney Gonsalves, corporate controller and principal accounting officer, will take on interim CFO duties. Analysts said the company’s reaffirmed third-quarter guidance should reassure investors.
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The company’s custom implants compete with devices from Medtronic, Johnson & Johnson and Globus Medical.
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