Profound Medical looks to raise $15m
Profound Medical (TSX:PRN) said today that it pulled in a $13.2 million (C$17.4 million) funding round that includes an over-allotment option that could bring in another $2 million (C$2.6 million). Led...
View ArticleBoston Scientific details Malaysia expansion plans
Boston Scientific (NYSE:BSX) is expanding into Penang, Malaysia with a new 375,000 square-foot manufacturing facility, according to a report from the New Straits Times. The venture marks the...
View ArticleAerogen touts study of Solo vibrating mesh for aerosol drug delivery
Aerogen today touted results from a study showing a 32% reduction in hospital admissions when patients were treated using its Solo vibrating mesh aerosol drug delivery system, compared to a...
View ArticlePhysics-modeling software solves drug-delivery engineering problem
Software that models the laws of physics is usually used by theoretical physicists. But a multi-physics program based on “1st principles” can be used in real-world applications, as evidenced by a...
View ArticleSt. Jude Medical forms cybersecurity advisory panel
St. Jude Medical (NYSE:STJ) said today that it’s forming a Cybersecurity Medical Advisory Board as it looks to “advance cybersecurity standards in the medical device industry by working with experts...
View ArticleSleep apnea may increase diabetes risk
(Reuters) — Obstructive sleep apnea is linked with an increased risk of developing Type II diabetes, new research shows. The findings support recommendations from the International Diabetes Federation...
View ArticleU.S. diabetics have worsening blood sugar
(Reuters) — The number of U.S. diabetics with healthy blood sugar levels has declined in recent years, a study suggests. Researchers analyzed data on 1.6 million adults with diabetes from 2006 to 2013....
View ArticleMassDevice.com +5 | The top 5 medtech stories for October 17, 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...
View ArticleOutsourcing Bioskills Workshops To Contract Research Organizations
Medical device companies frequently need to conduct bioskills training events either to educate their sales force on new devices/technology, to educate new hires to the sales force, or to provide...
View ArticleMast Therapeutics inks deal with Philips Respironics for iNeb aerosol...
Mast Therapeutics (NYSE:MSTX) said today that its subsidiary Aires Pharmaceuticals landed a collaborative agreement with Royal Philips (NYSE:PHG) sleep and respiratory care subsidiary Philips...
View ArticleDoctors still order imaging for low back pain, against recommendations
(Reuters) — Many doctors who order CT or MRI scans for patients with low back pain do so fearing that patients will be upset if they do not get imaging and because there is too little time to explain...
View ArticleReport: Medtech seing shrinking VC funds, less startups
AdvaMed today released a report warning about a “future at risk” in medtech, warning that a lack of startups and shrinking venture capital funds could compromise the industry as a whole. The medtech...
View ArticleDraft Chinese FDA medical device classification catalogue would reduce number...
By Stewart Eisenhart, Emergo Group EMERGO SUMMARY OF KEY POINTS: The Chinese FDA’s new draft classification catalogue would reduce the number of device groups from 43 to 22. More than 4,000 new...
View ArticleJohnson & Johnson’s Q3 numbers top estimates, medical devices biz grows slightly
Third-quarter sales ticked up 4% and profits grew at a double-digit clip for Johnson & Johnson (NYSE:JNJ), the company said today, and its medical devices business posted sales growth of just more...
View ArticleIsraeli technical institute takes a stake in NovoCure after patent settlement
A pair of Israeli technical institutes, the Technion Research and Development Foundation and the Technion – Israel Institute of Technology, agreed to accept a stake in NovoCure (NSDQ:NVCR) as part of a...
View ArticleAbbott, St. Jude Medical to deal vascular assets to Terumo for $1B
Abbott (NYSE:ABT) and St. Jude Medical (NYSE:STJ), the subject of a pending, $25 billion acquisition by Abbott, agreed to deal some of their respective vascular assets to Japan’s Terumo Corp....
View ArticleThe evolution of OCTANe and Orange County’s technology ecosystem
OCTANe, the Aliso Viejo, Calif.-based industry council set up to nurture and grow the technology ecosystem in Orange County, is on the move. Last month, the technology council said that it would merge...
View ArticleJohnson & Johnson, Texas Medical Center launch medical device accelerator
Johnson & Johnson (NYSE:JNJ) said today that its J&J Innovation subsidiary and Houston’s Texas Medical Center are launching a medical technology accelerator called the Center for Device...
View ArticleSt. Jude Medical launches pediatric trial for Amplatzer Duct Occluder II AS...
St. Jude Medical (NYSE:STJ) said today that it’s launching a pediatric clinical trial of a version of its Amplatzer cardiac implant for treating a congenital heart defect. The 50-patient ADO II AS...
View ArticleBoston Scientific launches Resolution 360 hemostasis clip
Boston Scientific (NYSE:BSX) said today that it launched its Resolution 360 hemostasis clip, designed to provide physicians with controlled rotation for more accurate clip placement during endoscopy...
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