Schmidt Group Updates | August 2025

August MedTech Updates

Stay ahead in MedTech. This month’s updates cover leadership changes, market shifts, industry rankings, education opportunities, regulatory milestones, and innovative product approvals—giving you the insights you need to track trends and spot opportunities in the medical technology space.

• Medtronic SVP and CCO Torod Neptune announces departure
• Struggling US healthcare stocks endure rough 2025 but draw some bargain hunters
• The 10 largest diabetes technology companies in the world
• New degree positions students for success in growing medical device industry
• DOJ Secures First of Its Kind Cybersecurity False Claims Act Settlement
• Cardiosense wins FDA clearance for wearable sensor

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"I want to take this opportunity to commend the work that Bonnie and her team did for us. They reached out to a multitude of distributors on our behalf and via a thorough qualification, her team qualified over a hundred distributors as potential channel partners. I will be in touch with Bonnie over the next few months to assess the potential of another recruitment round with your firm.

Thank you for your partnership in helping us build out our Independent Surgical Sales channel."

- Ralph, VP of Sales

Visit our webpage today to learn more about starting and unlocking new possibilities in this growing field!

The Hurricane cocktail was created at the historic Pat O’Brien’s bar, sometime in the 1940’s. The name of the drink comes from the shape of the glass it is served in, which resembles a hurricane lamp - Similar to a modern-day oil, or kerosene, lantern. During that time, certain liquor, like whiskey, was in short supply but there was an overabundance of rum. Some claim that during WWII, manufacturing replaced domestic distilleries while Caribbean isles continued shipping rum to the states, leading to oversupply; Others claim that the decade of prohibition lead to imported rum being stockpiled in warehouses, since it couldn’t legally be sold. Both are probably true but either way, this resulted in bar owners being forced to order 50 cases of rum for every 1 case of whiskey. To sell the rum, O’Brien invented the Hurricane; A large glass, heavy handed pour of rum, and some fruit juices to overshadow the liquor. 🍊🍒

Enjoy this recipe responsibly! Inspired by the original from Pat O’Brien’s in New Orleans!

Recipe:

1. 2 oz light rum
2. 2 oz dark rum
3. 1 oz lime juice
4. 1 oz orange juice
5. ½ oz passion fruit puree
6. ½ oz simple syrup
7. 1 tsp grenadine
8. Garnish: orange slice & cherry

Directions:

1. Add rums, juices, puree, simple syrup, and grenadine into a shaker with ice and shake till well chilled.
2. Strain into a large glass over fresh ice.
3. Garnish with orange and cherry.

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Neal Hightower, Owner and Managing Partner

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(985) 789-0490

Neal specializes in C-level and International Leadership executive search.

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