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Getinge to spin out Patient & Post-Acute Care business, earnings
Getinge (PINK:GETI B) said Tuesday it is looking to spin-out its Patient & Post-Acute Care businesses in an attempt to strategically ensure sustainable growth at the company. The move comes as the...
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Emulate, LabCorp’s Covance launch organ-on-a-chip program
Emulate, Inc. and LabCorp‘s (NYSE:LH) Covance Drug Development biz inked a deal to collaborate for an organ-on-a-chip preclinical drug evaluation and testing service. Emulate’s organ-on-a-chip tech is...
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MassDevice.com +5 | The top 5 medtech stories for October 20, 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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J&J and Google’s Verb Surgical looks to define, lift robotic surgery
Robotic surgery units available on the market right now are not technically “robots,” according to Johnson & Johnson (NYSE:JNJ) worldwide medical devices chairman Gary Pruden. But Verb Surgical,...
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Propeller Health raises $22m in Series C
Propeller Health said today it closed a $21.5 million Series C round of financing, with funds salted to help expand the company’s digitally-guided therapy platform. The fund was joined by newly...
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InVivo adds Beth Israel, Canadian site to neuro-spinal scaffold trial
InVivo Therapeutics (NSDQ:NVIV) said today that Boston’s Beth Israel Deaconess Medical Center and Alberta, Canada’s Foothills Medical Center to the Inspire study of its neuro-spinal scaffold. The...
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Stealthy medtech VR-dev Vicarious Surgical raises $800,000
Stealthy Vicarious Surgical raised $800,000 in a new round of equity financing, according to an SEC filing posted yesterday. The funds bring the total raised for the company up to $3.2 million, topping...
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FDA adds diagnostic indication for Avinger’s Pantheris atherectomy device
Avinger (NSDQ:AVGR) said today it won expanded indications from the FDA for its Pantheris Lumivascular atherectomy system, now cleared for diagnostic imaging as well as treatment for peripheral artery...
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Varian Medical Systems draws well-timed option bets
(Reuters) – Bullish options on Varian Medical (NYSE:VAR) stock saw unusually heavy buying on Thursday before the shares spiked on an unsubstantiated report that GE Healthcare (NYSE:GE) could be in...
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Brexit means Brexit–What does that mean for Europe’s medical device industry?
By Ronald Boumans, Emergo Group EMERGO SUMMARY OF KEY POINTS: The UK’s economic union with Europe will likely be replaced with various mutual recognition agreements. Despite Brexit, the MDR and IVDR...
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LimFlow taps Rose for CEO | Personnel Moves
LimFlow taps ex-Direct Flow GM Rose as CEO LimFlow said this week that it tapped former Direct Flow Medical VP and GM Daniel Rose as its new chief executive, with former co-founder & CEO Timothy...
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Report: Trump would repeal medical device tax, Clinton noncommital
If Donald Trump wins the presidential election next month, his administration would reportedly repeal the medical device tax, former Health & Human Services Dept. secretary Tommy Thompson said this...
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UPDATE: J&J ends porcine sales training demo after PETA protest
UPDATED Oct. 21, 2016 with Johnson & Johnson’s response to campaign. People for the Ethical Treatment of Animals today won their campaign to end sales training demonstrations using pigs at Johnson...
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Gold nanoparticles hold promise for pancreatic cancer treatment
Gold nanoparticles could be an important part of developing a treatment for pancreatic cancer, according to new research published yesterday in the journal ACS Nano. Previous work has demonstrated...
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Sunovion, medical society ally for COPD drug-delivery survey
Sunovion Pharmaceuticals and the American College of Chest Physicians yesterday launched a strategic initiative called Delivery Makes a Difference to better understand patient and healthcare provider...
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Brigham & Women’s iHub, Evidation to study digital health outcomes
Brigham and Women’s Innovation Hub (iHub) and Evidation Health said today they are collaborating to study the impact that digital health interventions have on clinical and economic outcomes. The groups...
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GE Healthcare’s Q3 sales rise, profits jump 10%
GE Healthcare (NYSE:GE) today posted double-digit 3rd-quarter profit growth on a 5.3% top-line gain, even as its corporate parent saw its bottom line plunge more than -20% due to lower energy prices –...
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Medtronic secures Health Canada license for MiniMed 630G system
Medtronic (NYSE:MDT) subsidiary Medtronic Canada said today that it landed a license with Health Canada for its MiniMed 630G system with SmartGuard tech for patients with diabetes mellitus. The...
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Judge halves $4m pelvic mesh verdict against Johnson & Johnson
A Georgia federal judge yesterday cut a $4 million verdict in a defective pelvic mesh lawsuit against Johnson & Johnson‘s (NYSE:JNJ) Mentor business unit in half, applying a statutory $2 million...
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Zimmer Biomet inks global distro deal with Nextremity
Zimmer Biomet (NYSE:ZBH) said today it inked an exclusive global distribution agreement with Nextremity Solutions for its foot and ankle deformity correction products. Financial terms of the...
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