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Touch Surgery simulations are even more amazing: Here’s how
[Image courtesy of DAQRI]Touch Surgery, which already boasts a community of 1.5 million using its mobile surgical simulations, is upping its game when it comes to making the platform even more...
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Entellus Medical guides above expectations for Q4, FY2016
Entellus Medical (NSDQ:ENTL) yesterday released preliminary Q4 and full year 2016 revenue results that topped expectations on the Street and showed growth of 20% over last year. The company said it...
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Synaptive Medical brings in $900k
Synaptive Medical raised $901,256 (CAD $1.2 million) in a new round of equity financing, according to an SEC filing posted this week. Synaptive Medical produces the BrightMatter Guide brain imager,...
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Investors suit against Staar Surgical wins class certification
The US District Court for the Central District of California yesterday certified a class of investors suing Staar Surgical (NSDQ:STAA), alleging that it concealed problems at a California plant which...
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Judge upholds $14m pelvic mesh win over J&J’s Ethicon
A Pennsylvania state judge this week upheld a $13.7 million judgement in favor of plaintiffs in a pelvic mesh case against Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon. The plaintiff in the case...
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European Commission: Entry into force of MDR, IVDR anticipated for late may 2017
By Stewart Eisenhart, Emergo Group During the Eudamed Steering Committee meeting of December 14, 2016 the current state of play regarding the introduction of the new Medical Device Regulations (MDR)...
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Merrimack sells liposome injections to Ipsen for $575m
In a deal that could earn the Cambridge, Mass.-based pharmaceutical company over $1.03 billion, Merrimack Pharmaceuticals (NSDQ:MACK) said yesterday that it is selling its liposome injection cancer...
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Endotronix raises $12m to support Cordella HF system
Endotronix said today it inked a $12 million term loan agreement with Silicon Valley Bank, with funds slated to support a clinical program for its Cordella heart failure system. The Woodridge,...
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Mast Therapeutics, Savara ink merger deal
Mast Therapeutics (NYSE:MSTX) and privately-held Savara Inc. said today that the 2 companies have landed a definitive merger agreement, combining their operations. The newly-formed Austin, Texas-based...
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J&J launches CareAdvantage value-based care transition system
Johnson & Johnson (NYSE:JNJ) today said it launched CareAdvantage, a system designed to aid healthcare systems and services shift to value-based programs and operations. The New Brunswick,...
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Orthofix wins FDA nod, CE Mark for bone growth stimulators
Orthofix (NSDQ:OFIX) said today it won both FDA and European Union-based CE Mark approval for its next-gen CervicalStim and SpinalStim bone growth stimulators. The Lewisville, Texas-based company said...
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ResMed wins FDA nod for AirMini CPAP device
ResMed (NYSE:RMD) said today it won FDA 510(k) clearance for its AirMini continuous positive airway pressure device. The San Diego, Calif.-based company touted the AirMini as the world’s smallest CPAP...
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OptiScan wins CE Mark for OptiScanner ICU CGM, lactate monitor
OptiScan Biomedical said today it won CE Mark approval in the European Union for its OptiScanner 6000 intensive care unit monitor, which includes near-continuous glucose monitoring and serial...
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Frequency Therapeutics names board of directors
Frequency Therapeutics named its board of directors last week, the company’s 1st public move since it was founded in 2015. Marc Cohen of COBRO Ventures was named chairman. Founder and former CEO of...
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Intarcia, Calibr collaborate to develop peptide therapeutic for Medici pump
Intarcia Therapeutics and the California Institute for Biomedical Research said today that the 2 groups will collaborate to develop a peptide therapeutic for patients with type II diabetes and obesity....
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St Jude releases FDA-cleared Merlin@home cybersecurity update
Updated with comment from Muddy Waters. Abbott (NYSE:ABT) subsidiary St. Jude Medical said today it launched a cybersecurity update for its Merlin@home remote monitoring system designed for use with...
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Why the Pursuit of Value in Health Care is Important – Especially for Innovators
By Amy Siegel, S2N Health A change in the US leadership, especially one as significant as we will experience this month, naturally generates uncertainty about the future of health care policy and...
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InVivo adds Canada’s St. Michael’s Hospital to Inspire study
InVivo Therapeutics (NSDQ:NVIV) said today it added Toronto, Canada’s St. Michael’s Hospital as the 28th clinical site in the Inspire study of its neuro-spinal scaffold. The Cambridge, Mass.-based...
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ConforMIS raises $50 million for custom joint replacement implants
ConforMIS (NSDQ:CFMS) said today that it secured $50 million in debt financing from Oxford Finance LLC and that it has filed a shelf registration statement with the SEC. The debt financing and shelf...
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MassDevice.com +5 | The top 5 medtech stories for January 9, 2017
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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