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Cardiac Dimensions taps ex-AccessClosure chief Casciaro for CEO | Personnel...

Cardiac Dimensions said this week that it tapped the former chief of AccessClosure, Gregory Casciaro, to be its new president & CEO. Casciaro led AccessClosure until its May 2014 acquisition by...

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Alphaeon closes $59m Lensar buy

Healthcare and social commerce company Alphaeon said today it closed its buy of laser cataract treatment company Lensar for $59 million. Terms of the deal were not disclosed. Lensar develops and...

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Ascom buys United Medical Software

Ascom said today it acquired Italian medical software company United Medical Software for an undisclosed amount. UMS develops and offers software for integrating medical devices and provides digital...

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Alimera surges on buyout rumors

(Reuters) — Alimera Sciences (NSDQ:ALIM), an ophthalmic pharmaceutical company, is in the early stages of exploring strategic alternatives, including a potential sale, according to people familiar with...

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FDA clears Zoll LifeVest wearable cardioverter defib for children

Zoll Medical won FDA premarket approval for its LifeVest wearable cardioverter defibrillator designed for children who are at risk for sudden cardiac arrest but aren’t candidates for an implantable...

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Checkpoint Surgical closes $7.5m funding round

Neuroprotective device maker Checkpoint Surgical said it closed its 1st round of institutional financing, bringing in $7.5 million for its Checkpoint handheld nerve monitor. The Checkpoint...

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Just one third of CEOs believe their organization has the resilience to succeed

A new report released November 30, 2015 by The Economist Intelligence Unit (EIU) on behalf of BSI identifies a worrying gap in the capability of firms to maintain long-term growth. The global study of...

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Lima closes Zimmer Japanese asset buyout

Lima Corporate said earlier this month it closed its purchase of Zimmer Biomet‘s (NYSE:ZBH) unicompartmental high flex knee and discovery elbow systems in the Japanese market, as well as the Japanese...

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Titan Medical licenses Mayo Clinic IP for Sport robot-assisted surgery system

Titan Medical (CVE:TMD) said this week that it licensed “know-how and certain technology” from Mayo Clinic for its Sport robot-assisted surgery platform. The license covers intellectual property...

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PAD: Gore launches post-approval study of Viabahn stent graft

W.L. Gore & Associates said this week that it launched a post-approval study of its Viabahn stent graft for treating peripheral artery disease. The 108-patient Reline Max study will examine the...

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Vayyar pulls in $22m for 3D imaging tech

3D-imaging sensor company Vayyar Imaging said Tuesday it raised $22 million in a Series B round to help the company scale its enterprise offering internationally. The funding round was led by Walden...

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UPDATE: Senate sends medical device tax pause to Obama

UPDATED Dec. 18, 2015, with news of Senate approval. The U.S. Senate today approved a $1.8 trillion spending and tax package, including a 2-year moratorium on the medical device tax. The Senate voted...

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FDA clears Life Spine’s Gruve cervical plate implant

Life Spine said yesterday it won FDA 510(k) clearance for its Gruve anterior cervical plate system. The Gruve plate allows for extreme bone screw angulation, large graft windows and a locking mechanism...

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Hospitals to pony up $28m for false kyphoplasty claims

The U.S. Justice Dept. said today that a group of 32 hospitals agreed to pony up a collective $28 million to settle charges that they billed Medicare at the inpatient rate for outpatient kyphoplasty...

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Torax wins FDA nod for Fenix incontinence treatment system

Torax Medical said the FDA granted premarket approval for its Fenix continence restoration system designed to treat fecal incontinence in patients who are not candidates for, or have failed with other...

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Singapore incubator inks med-tech development deal

Singapore’s Diagnostics Development Hub said today it is partnering with The Feinstein Institute for Medical Research and i360medical to develop medical and diagnostic devices and tech. The partnered...

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MassDevice.com +3 | The top 3 medtech stories for December 18, 2015

Say hello to MassDevice +3, a bite-sized view of the top three medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the...

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ReWalk Robotics rockets on VA deal

ReWalk Robotics (NSDQ:RWLK) said yesterday that the U.S. Department of Veterans Affairs issued a policy to evaluate, train and procure its personal exoskeleton systems for all qualifying veterans in...

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GSI Group buys OEM RFID maker SkyeTek for $2.6m

GSI Group today said it bought medical OEM RFID maker SkyeTek for $2.6m in cash. Skyetek produces HF and UHF RFID technologies for OEMS in the medical and advanced industrial markets, according to the...

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Beyond Fitbit: The quest to develop medical-grade wearables

(Reuters) – A new wave of wearable computing devices that detect and monitor serious diseases is moving from the laboratory to the market, potentially transforming the treatment of conditions ranging...

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