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Leerink Partners upgrade sends Baxter shares up
Baxter (NYSE:BAX) shares gained today after analysts at Leerink Partners upgraded their view of the stock, citing its strong free cash flow and a string of “beat-‘n’raise” quarters from the...
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Becton Dickinson closes Caesarea Medical Electronics buy
Becton Dickinson & Co. (NYSE:BDX) said today that it closed the acquisition of Caesarea Medical Electronics for an undisclosed amount, 2 years after its CareFusion subsidiary bought a stake in the...
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Medical tracer dev Shine Medical Tech raises $30m
Shine Medical Technologies raised $29.3 million in a new round of debt and option financing, according to an SEC filing posted this week. Shine Medical is a development-stage company working towards...
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MassDevice.com +5 | The top 5 medtech stories for April 4, 2017
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s...
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Study: Nanoparticles could improve efficacy of cancer immunotherapy
Researchers from the University of North Carolina have discovered that they can potentially improve cancer immunotherapy drugs by binding 2 compounds to a single nanoparticle. The team’s work was...
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Concordance Healthcare Solutions acquires Rockwell Medical Supply
Concordance Healthcare Solutions announced today that it has acquired Rockwell Medical Supply. The financial details of the acquisition were not immediately available. The deal marks further expansion...
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This contact lenses breakthrough could enable glucose monitoring
Transparent biosensors in contact lenses – made visible in this artist’s rendition – could soon help track our health. [Image from Jack Forkey/Oregon State University]Biosensing contact lenses may not...
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Dynatronics raises $8m for Hausmann assets buy
Dynatronics this week raised raised $7.8 million in a new round of equity and mixed funding to cover its acquisition Hausman Industries assets, including physical therapy and athletic training...
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Cardiovascular Systems closes $22m St. Paul HQ sale; inks $40m revolver
Cardiovascular Systems (NSDQ:CSII) said this week it closed the sale of its St. Paul, Minn.-based headquarters to Krishna Holdings for $21.5 million and inked a new revolving credit facility with...
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CyMedica launches trial of E-Vive knee surgery rehab device
CyMedica Orthopedics said today it enrolled the 1st patient in a clinical trial of its E-Vive neuro-muscular device, looking to explore its effectiveness in post-operative primary total knee...
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AirXpanders wins FDA nod for next-gen AeroForm tissue expander components
AirXpanders (ASX:AXP) saw shares rise today after it won FDA 510(k) clearance for an enhanced film material used to contain carbon dioxide in its AeroForm Tissue Expander system The Palo Alto,...
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Singapore changes medical device field safety notice requirements
By Stewart Eisenhart, Emergo Group Singapore’s medical device market regulator now requires registrants issuing field safety notices (FSNs) regarding their products to copy managers of affected local...
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Medtronic issues field safety notice for Newport HT70 ventilators
Medtronic (NYSE:MDT) issued a voluntary field corrective action today for all of the Newport HT70 and Newport HT70 Plus ventilators manufactured since 2010. The company said it received reports that...
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Acorda to cut 20% of staff in restructuring effort
Acorda Therapeutics (NSDQ:ACOR) said today that it plans to cut 20% of its workforce as a part of a cost reduction and restructuring effort. The move comes less than 1 week after the company lost...
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Trumpcare’s prospects dim, but not too dim to hit stent graft makers
The push on Capitol Hill to revive Trumpcare stalled yesterday, but not before the chatter out of Washington instigated a slide for stent graft makers’ stocks. The Affordable Care Act covers a 1-time...
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5 keys to choosing a medical device CRO
Having independent oversight is critical to ensuring compliance, keeping your clinical research trial on track and bringing your device to market faster. For this reason, many companies hire a clinical...
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Actelion shareholders OK R&D spinout
Actelion (VTX:ATLN) shareholders today reportedly approved spinning off the company’s early clinical assets and drug discovery branch into a new company. The move keeps Johnson & Johnson (NYSE:JNJ)...
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European Parliament tightens medical device regulations
The European Parliament voted today to tighten its regulations on medical devices and diagnostics, enacting stronger post-market surveillance rules and adding a safety check for high-risk devices. The...
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Mazor Robotics slides on Q1 prelims
Share prices for Mazor Robotics (NSDQ:MZOR) slid today despite preliminary 1st-quarter sales numbers that beat expectations on Wall Street. The Caesarea, Israel-based robot-assisted surgery device...
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Therapix, Yissum ink nasal drug delivery pact
Therapix Biosciences (NSDQ:TRPX) said today that it inked a sublicense agreement for nasal drug delivery tech from Yissum Research Development Company at the Hebrew University. According to the deal,...
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