MedPath

Apple CDR (CAD Hedged)

🇺🇸United States
Ownership
-
Employees
161K
Market Cap
-
Website
Introduction

Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in April 1976 and is headquartered in Cupertino, CA.

FDA Approves Orlynvah for Treatment of Uncomplicated UTIs in Women with Limited Options

• The FDA has approved Orlynvah (sulopenem etzadroxil and probenecid), an oral antibiotic, for uncomplicated urinary tract infections (UTIs) in adult women with limited treatment options. • Orlynvah is intended for use when other oral antibacterial treatments are not suitable or unavailable, addressing a critical unmet need for women facing recurrent UTIs. • Clinical trials demonstrated the drug's efficacy in treating UTIs caused by susceptible bacteria, offering a new option for patients who have run out of alternatives. • Ottimo Pharma, led by former Seagen CEO David Epstein, is developing an experimental antibody targeting PD-1 and VEGF for cancer treatment.

FDA Clears Apple Watch Feature for Sleep Apnea Detection

• The FDA has cleared Apple's new sleep apnea detection feature for Apple Watch Series 9, Series 10, and Ultra 2, accessible via a software update. • The feature monitors breathing disturbances using the Apple Watch's accelerometer, alerting users to consistent signs of moderate or severe sleep apnea. • Experts suggest the technology could increase early detection and healthcare visits, potentially reducing long-term healthcare costs associated with untreated sleep apnea. • While promising, healthcare professionals advise users to confirm Apple Watch data with a formal diagnosis before pursuing treatments.

FDA Approves Over-the-Counter Hearing Aid Software for Apple AirPods Pro

• The FDA has approved the first over-the-counter (OTC) hearing aid software, the Hearing Aid Feature (HAF), for use with Apple AirPods Pro. • HAF is designed for adults 18 and older with perceived mild to moderate hearing impairment, allowing personalized sound amplification. • Clinical studies showed HAF's self-fitting strategy provides similar benefits to professional fitting, enhancing accessibility to hearing support. • This authorization follows the FDA's 2022 OTC hearing aid regulations, expanding access to hearing aids without prescriptions or audiologist visits.

FDA Approves AirPods Pro 2 as Over-the-Counter Hearing Aids

• The FDA has authorized Apple's AirPods Pro 2 as over-the-counter (OTC) hearing aids for adults with mild to moderate hearing loss. • A software update will enable the AirPods Pro 2 to amplify sounds and customize hearing profiles based on user's hearing test results. • Clinical studies showed that users experienced similar benefits from the AirPods Pro 2 as from professionally fitted hearing aids. • This approval aims to increase accessibility and reduce the stigma associated with hearing aids, impacting over 30 million Americans.
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