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Tackling the gender disparity in medtech
Over the course of her 30 year career in medtech, IBM Watson Health general manager Deborah DiSanzo has been a firsthand witness to the effects of gender imbalance within the industry. She started as a...
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Taking the risk out of manufacturing transfers: Four best practices
If you’re considering a manufacturing transfer, you may be losing sleep over all the things that could go wrong: cost overruns schedule slips quality issues, to name a few. Missteps anywhere in the...
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iBeat launches wearable heart monitor
iBeat said today that it launched its wearable heart monitor on Indiegogo. The campaign began this morning and features a 78% sale on the device at $99 for 100 early-bird backers. The San Francisco,...
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Sunshine Heart shifts focus to Aquadex FlexFlow system
Sunshine Heart (NSDQ:SSH) said today it will realign its strategy to focus on its recently acquired Aquadex FlexFlow system, designed to filter water and salt from patients with fluid overload due to...
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InspireMD pulls trigger on 1-for-25 reverse split
InspireMD (NYSE:NSPR) said yesterday it initiated a 1-for-25 reverse split of its stock, effective Oct. 7, with its stock trading on a split adjusted basis starting Oct. 10. The move will reduce the...
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Using symbols to convey information in medical device labeling
By: Antoinette (Tosia) Hazlett, MSN, RN, and Scott Colburn CAPT, USPHS Symbols convey important messages for navigating everyday life; whether it’s a traffic sign or a graphic image indicating that no...
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Report: Terumo eyes Abbott’s cardio biz
Terumo (TYO:4543) is reportedly eyeing a nearly $1.5 billion deal for Abbott‘s (NYSE:ABT) cardiovascular device business. The ¥150 billion deal, if consummated, would be part of Abbott’s move to shed...
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Boston Scientific lands $71m Defense Dept. contract
The U.S. Defense Dept. said yesterday that it awarded a contract worth $71 million to Boston Scientific (NYSE:BSX). The agreement calls for Marlborough, Mass.-based Boston Scientific to provide...
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Medtronic’s HeartWare faces 2 Class I FDA recalls
Medtronic (NYSE:MDT) said today the FDA labeled 2 outstanding global voluntary recalls related to subsidiary HeartWare International‘s HVAD system as Class 1. A Class 1 indication from the federal...
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GE’s venture arm, Allied Minds join forces
GE Healthcare‘s (NYSE:GE) Venture arm said today it signed a strategic alliance with Boston-based innovation development group Allied Minds to develop and commercialize “next-generation technologies.”...
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Mergers, IP, risk assessment among trends in medtech
In 1995, the average time to a successful exit for a medical device startup was about 3 years, according to Rotational Medical CEO Martha Shadan. Now, Shadan said, it can range from 6 to 9 years and...
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Stereotaxis raises $24m
Medical robotics developer Stereotaxis (NSDQ:STXS) said yesterday it closed a $24 million private placement round, floating 24,000 shares of convertible preferred stock and warrants for the purchase of...
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Terumo inks regenerative collab deal with Cognate BioServices
Terumo Corp. (TYO:4543) and Cognate BioServices said today they inked a collaborative cellular and immunotherapy products development deal. Get the rest of the story at our sister site, Medical Design...
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MassDevice.com +5 | The top 5 medtech stories for September 30, 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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Delcath prices $1.3m offering
Delcath (NSDQ:DCTH) today priced a $1.28 million public offering of stock, with funding slated to support clinical trials and commercialization efforts. The New York-based company said it plans to...
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Philips spectral CT used on T-Rex spine
Royal Philips (NYSE:PHG) said today that researchers at the Naturalis museum in Leiden, Netherlands used its IQon CT scanner to closely examine the tail vertebrae of a 66 million year-old T-Rex named...
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SQZ Biotech lands $16m in Series B for cell therapy tech
SQZ Biotech said today that it closed a $16 million Series B round to fund its preclinical cell therapy programs for oncology and other undisclosed diseases. NanoDimension and Polaris Partners led the...
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US FDA lists reimbursers interested in attending pre-sub meetings for medical...
By Stewart Eisenhart, Emergo Group EMERGO SUMMARY OF KEY POINTS: The FDA has signed up seven insurers and health technology assessment (HTA) organizations to participate in pre-submission meetings with...
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Xeltis launches bioresorbable heart valve study
Xeltis said today that it launched the Xplore-I clinical trial of its bioresorbable pulmonary heart valve in pediatric patients undergoing a type of reconstructive surgery to treat congenital heart...
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BD’s CareFusion lands $100m contract with U.S. Defense Dept.
Becton Dickinson (NYSE:BDX) subsidiary CareFusion won a $100 million contract to develop an automated drug dispensing system for the U.S. Defense Dept., the Pentagon said last week. The 5-year blanket...
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