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Spectral Medical’s Toraymyxin fails pivotal trial

A clinical trial of the Toraymyxin anti-sepsis device made by Spectral Medical (TSX:EDT) failed to meet its primary endpoint, sending share prices on a -81.1% plunge today. Toronto-based Spectral...

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ConvaTec IPO could fetch nearly $2B

ConvaTec said today that it plans to raise about $1.8 billion in an initial public offering on the London Stock Exchange in the largest U.K. flotation this year, even as Great Britain prepares to exit...

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Medtronic touts 1-year data on Avalus surgical aortic valve

Medtronic (NYSE:MDT) today reported 1-year results from a clinical trial of its Avalus pericardial aortic surgical valve, touting low rates of adverse valve-related events and high survival numbers....

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Narrative of New ISO 10993-1 Standard – Part 1: “Evaluation and testing...

By Laurence Lister, Department Head, Biocompatibility Services The big topic in biocompatibility this year is the release of the much anticipated final version of, “Use of International Standard ISO...

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Analyst: Insulet’s drug-delivery biz a long-term growth driver

Insulet’s (NSDQ:PODD) drug-delivery business will be a long-term growth driver for the company by as much as 20% a year for the next few years, according to Leerink Partners analysts. Billerica,...

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Edwards Lifesciences wins CE Mark for Acumen hypotension monitor

Edwards Lifesciences (NYSE:EW) said today that it won CE Mark approval in the European Union for its Acumen hypotension probability indicator. The newly cleared Acumen monitor is designed to alert...

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FDA approves label changes for GE’s Optison

GE Healthcare (NYSE:GE) announced today that the FDA approved label changes for its ultrasound contrast agent Optison, removing contraindications for use in patients with cardiac shunts and for...

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Angel Valve Project seeks $15m for Mitral Butterfly device

Medical University Vienna spin-off Angel Valve Project said today it raised $224,370 (EU €200,000) in preseed investments and is looking for another $14.6 million to support its Mitral Butterfly...

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Novo Nordisk eyes drug development program

Novo Nordisk (NYSE:NVO) is betting on a risky drug development strategy, like re-engineering insulin to act selectively on the liver or only when blood sugar is high, according to the Wall Street...

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MassDevice.com +5 | The top 5 medtech stories for October 3, 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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NeoTract touts reimbursement win for UroLift

NeoTract today touted a reimbursement win from Geisinger Health Plan and EmblemHealth that will allow coverage for procedures using its UroLift system for patients with benign prostatic hyperplasia....

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Hospital researchers explore MRI for drug delivery

Researchers have programmed an MRI scanner to simultaneously monitor magnetized particles while propelling them through blood vessels as a means to locally deliver drugs. Existing approaches combine...

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NxStage inks home hemodialysis deal with Satellite Health

NxStage Medical (NSDQ:NXTM) said today it inked a 3-year home hemodialysis supply agreement with Satellite Healthcare. Satellite, a non-profit group, is the 6th-largest dialysis and kidney disease...

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FDA approves Valencia’s eCoin neurostim trial

Valencia Technologies said today it won investigational device exemption approval from the FDA to begin a trial of its eCoin neurostimulator for treating drug-resistant hypertension. The company is...

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Japanese scientist wins Nobel medicine prize for work on “self-eating” cell...

(Reuters) – Japan’s Yoshinori Ohsumi won the 2016 Nobel prize for medicine for ground-breaking experiments with yeast which exposed a key mechanism in the body’s defenses where cells degrade and...

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Johnson & Johnson warns on low cyber risk with Animas OneTouch Ping insulin pump

Johnson & Johnson (NYSE:JNJ) is reportedly warning patients of a small risk that hackers will target its Animas OneTouch Ping insulin pump, after learning of the bug causing the potential...

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Boston Scientific loses bid to toss $19m pelvic mesh loss

Boston Scientific (NYSE:BSX) yesterday lost its bid to overturn an $18.5 million loss in a product liability lawsuit brought by a quartet of women alleging that its Obtryx pelvic mesh caused their...

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FDA approves St. Jude Medical’s BurstDR spinal cord stimulation for chronic pain

St. Jude Medical (NYSE:STJ) said today that the FDA granted pre-market approval for its BurstDR spinal cord stimulation technology, which is designed to mimic the body’s natural nerve-firing patterns...

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Committee pens letter to Mylan demanding EpiPen price info

Members of the U.S. House Committee on Oversight & Government Reform penned a letter to Mylan (NSDQ:MYL) demanding a more complete look at the pricing of its EpiPen epinephrine auto-injector. At a...

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Color-changing wearable tracks sun exposure

Researchers have developed a wearable patch that warns users by changing colors when they’ve had too much sun exposure. Striking a balance between too much and too little sun exposure can be...

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