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Eccrine Systems raises $6m for sweat-sensing wearable
Medtech developer Eccrine Systems said today it raised $5.5 million in a Series A funding round to support its sweat-sensing wearable sensor. The wearable sweat sensor aims to address a “spectrum of...
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Viveve wins FDA 510(k) for its Viveve System
Viveve (NSDQ:VIVE said today it won FDA 510(k) clearance for its Viveve System, now cleared for use in general surgical procedures for electrocoagulation and hemostasis. The company’s Viveve System is...
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Expert insights: An interview with Paula Rutledge, Legacy Medsearch
By Laura Nobles Paula Rutledge is the president of Legacy MedSearch, a retained recruitment firm specializing exclusively in the medical device industry. Since 2005, Paula and her team have...
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Boston Scientific launches tender offer for EndoChoice
Boston Scientific (NYSE:BSX) said today that it launched the tender offer for its pending,$210 million acquisition of EndoChoice (NYSE:GI) and its line of devices for treating gastrointestinal...
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Sotera Wireless files for Chapter 11 bankruptcy
Sotera Wireless last month filed for Chapter 11 bankruptcy protectection, saying it owes its creditors, Silicon Valley Bank and Oxford Finance, roughly $13.1 million and doesn’t have the scratch to...
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CMS finds Mylan overcharged Medicaid for EpiPens for years
The Centers for Medicare & Medicaid Services said this week that Mylan Pharmaceuticals (NSDQ:MYL) has been overcharging Medicaid for its EpiPen auto-injector for years, despite being warned that it...
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Nanoparticles deliver engineered protein to prevent joint damage
Researchers at Washington University have developed nanoparticles to treat the inflammation that wears away at joint cartilage in patients with osteoarthritis. Traditional treatment methods to reduce...
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Ocular therapeutics company Novaliq names new CEO
Novaliq GmbH said yesterday that it named Christian Roesky as its new CEO, replacing co-founder Bernhard Günther, who will take on a new role as chief innovation officer. The Heidelberg, Germany-based...
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Surgery during pregnancy carries low risk
(Reuters) — Surgical procedures during pregnancy are generally safe, new research indicates. “Clearly, surgery during pregnancy should only be considered if absolutely necessary,” said Dr. Paul Aylin,...
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Evolent closes Valence buyout, adding $74m to price
Evolent Health (NYSE:EVH) said this week that it closed its acquisition of value-based administration, population health and advisory services provider Valence Health – but spent a lot more than the...
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Harbor MedTech raises $5m for regenerative soft tissue repair tech
Harbor MedTech said yesterday that it raised nearly $5 million for the regenerative treatments for soft tissue repair it developed. The Irvine, Calif.-based company said 3 unnamed investors...
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Fresenius Kabi wins FDA nod for Aurora Xi plasmapheresis system
Fresenius Kabi (NYSE:FMS) said today that it won FDA 510(k) clearance for its Aurora Xi plasmapheresis system. Plasma, a component of blood that contains proteins, is used in therapies to treat burn...
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MassDevice.com +5 | The top 5 medtech stories for October 7, 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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Alphatec lays off 20%, CFO O’Neill resigns
Alphatec (NSDQ:ATEC) said this week that it laid of 20% of its workforce and announced the resignation of its CFO & treasurer, Michael O’Neill, effective Oct. 5. The Carlsbad, Calif.-based company...
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Report finds ethosomes as promising transdermal delivery mechanism
Ethosomes – nanocarriers loaded with ethanol – can penetrate the skin’s protective layers and deliver a variety of drugs, a review published in Current Clinical Pharmacology reported today. Transdermal...
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BioVentures Investors closes $87m Fund IV
BioVentures Investors said today that it closed its 4th medtech fund with $87 million on hand. The Wellesley, Mass.-based venture capital shop said it’s already made 4 investments from its Fund IV,...
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St. Jude Medical warns on CRM battery depletion issue
St. Jude Medical (NYSE:STJ) today warned of the possibility that a battery issue could disable its high-voltage cardiac rhythm management devices, saying the problem is associated with 2 deaths among...
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Lupin, MonoSol Rx ink licensing deal for pediatric products
Lupin Pharmaceutical (NSE:LUPIN) said last week that it inked a licensing agreement with MonoSol Rx to develop pediatric products using MonoSol’s drug delivery technology. Warren, N.J.-based MonoSol...
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iRhythm Technologies sets terms for $75m IPO
iRhythm Technologies last week set the terms on its forthcoming initial public offering, saying it plans to float 5.35 million shares priced between $13.00 and $15.00 apiece. At the midpoint, the IPO...
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Titan Medical CEO Hargrove is out | Personnel Moves, Oct. 11, 2016
Titan Medical CEO Hargrove is out | Personnel Moves, YYdate Titan Medical CEO Hargrove is out Titan Medical (CVE:TMD) said today that it’s looking for a new CEO after the resignation of John Hargrove...
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