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Essential Medical closes $14.9M Series B for vascular closure device
Essential Medical said today that it closed a $14.9 million Series B round to support the development and commercialization of its vascular closure devices. The round was led by Amzak Health and joined...
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Trumpf launches venture investment arm
Trumpf said yesterday it launched a venture capital investment arm looking to fund tech startups, with official operations having opened July 1. Get the full story at our sister site, Medical Design...
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Potrero Medical raises $5m
Potrero Medical raised $4.8 million in a new round of equity financing, according to an SEC filing posted this week. San Francisco-based Potrero developed the Accuryn monitoring system designed to use...
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Insulet closes $345 private placement
Insulet (NSDQ:PODD) said yesterday it closed a $345 million private placement, raking in $45 million more than it expected when it priced the round last week. Billerica, Mass.-based Insulet, which...
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FDA approves Carl Zeiss Meditec’s VisuMax Femtosecond laser
The FDA today granted premarket approval to Carl Zeiss Meditec (ETR:AFX) for its VisuMax Femtosecond Laser, with indications for small incision lenticule extraction procedures to reduce or eliminate...
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Mylan CEO to testify before House panel over EpiPen pricing
(Reuters) –Mylan (NSDQ:MYL) Chief Executive Officer Heather Bresch will appear at a Sept. 21 congressional hearing over price increases for its EpiPen emergency allergy treatment, the U.S. House of...
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MassDevice.com +5 | The top 5 medtech stories for September 14, 2016
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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Lantheus Medical Imaging prices $40m offering
Lantheus Medical Imaging (NSDQ:LNTH) last week priced a new $40 million offering, with funds slated to pay down approximately $55 million of the outstanding principal balance under its senior secured...
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Three forces driving med tech to be end-to-end solution providers
By Tim Kofol and Rebecca Noble Unless your job involves orthopedic devices, you might have glossed over this year’s exciting news: as of April 1, 2016, the Comprehensive Care for Joint Replacement...
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FDA and access to medications
By: Janet Woodcock, M.D. A severe allergic reaction called anaphylaxis is a medical emergency that affects the whole body and, in some cases, leads to death. If you have had an anaphylaxis episode, you...
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Diabetes: Medtronic touts JAMA study of closed-loop artificial pancreas
Medtronic (NYSE:MDT) said data from a study of its closed-loop hybrid artificial pancreas, published in the Journal of the American Medical Assn., showed that the system is safe and effectively...
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Hologram tech allows surgeons to manipulate images within sterile field
NZ Technologies, a Vancouver-based technology firm, developed an interactive hologram device to assist surgeons and radiologists at British Columbia’s Surrey Memorial Hospital. The system, called Tipso...
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Tissue-engineered human liver made from stem & progenitor cells
Researchers at the Saban Research Institute of Children’s Hospital in Los Angeles generated mouse and human tissue-engineered livers from organoid units composed of stem and progenitor cells, according...
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Zimmer Biomet picks up imaging company Clinical Graphics
Zimmer Biomet (NYSE:ZBH) said today that it picked up novel imaging company Clinical Graphics for an undisclosed amount. Warsaw, Ind.-based Clinical Graphics produces 3D range-of-motion simulation...
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High-capacity nanoparticle holds potential for targeted cancer therapies
Image: Jeremiah Johnson Chemists from the Mass. Institute of Technology developed a nanoparticle that they can pack with 3 or more drugs to create custom combination therapies for cancer, according to...
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Former St. Jude exec Craig seeks Minn. Congressional seat
Former St. Jude Medical (NYSE:STJ) HR executive Angie Craig is looking to take a seat in Minnesota’s 2nd Congressional district for Democrats this year in a closely watched race. Craig is facing off...
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Eyevensys takes Series A round to $10m
Eyevensys said today that it took a Series A round to $10 million (€9 million) after an extension led by Pontifax Venture Capital. The Paris-based biotech said it plans to use the funds to secure...
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Medtronic’s new ops chief is PE exec Ploof | Personnel Moves Sept. 15, 2016
Medtronic’s new ops chief is PE exec Ploof Medtronic (NYSE:MDT) said it named a former private equity executive, Mark Ploof, to take over the responsibilities remaining with ex-CFO Gary Ellis, who is...
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MassDevice.com +5 | The top 5 medtech stories for September 15, 2016
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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Australian regulators to take GI Dynamics EndoBarrier off the market
GI Dynamics (ASX:GID) said it received notice from the Australian Therapeutic Goods Administration that it’s pulling the EndoBarrier device off the market Down Under effective Oct. 12. The EndoBarrier...
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