Clik here to view.
Trump and medtech: What people in the industry think
Many MassDevice and Medical Design & Outsourcing readers think permanent medical device tax repeal should be a top priority for President Donald Trump and the Republican Congress. Many say the new...
View ArticleClik here to view.
This AI can spot skin cancer as well as doctors
A dermatologist uses a handheld microscope called a dermatoscope to examine skin lesions. Stanford University researchers think a new AI developed could potentially provide another layer of screening....
View ArticleClik here to view.
Celgene acquires Delinia, beats on Q4 earnings
Shares in Celgene (NSDQ:CELG) fell yesterday, even though the biopharmaceutical company beat earnings expectations on Wall Street with its 4th quarter results. The Summit, N.J.-based company posted...
View ArticleClik here to view.
C.R. Bard’s Q4 sales, earnings beat estimates
C.R. Bard (NYSE:BCR) beat the consensus forecast with its 4th-quarter results yesterday, with both sales and earnings growing at a double-digit clip. The Murray Hill, N.J.-based healthcare giant posted...
View ArticleClik here to view.
Judge pares $20m verdict in doc’s patent spat with Medtronic
A federal judge in Texas reduced a $20.3 million verdict against Medtronic (NYSE:MDT) by $2.6 million this week, ruling that Dr. Mark Barry did not present sufficient evidence that the company...
View ArticleClik here to view.
Appeals court upholds $3m verdict against J&J’s Ethicon in pelvic mesh case
A federal appeals court yesterday upheld a $3.3 million verdict against Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon in a product liability lawsuit brought over its TVT-O pelvic mesh. A jury in...
View ArticleClik here to view.
AirXpanders lands $34m private placement
AirXpanders (ASX:AXP) said today that it has commitments from investors in a private placement to raise A$45 million, or $34 million USD. The Palo Alto, Calif.-based company said that its investors...
View ArticleClik here to view.
BioVentrix raises $8m
BioVentrix raised $7.9 million in a new offering of convertible notes, according to an SEC filing. BioVentrix produces the Revivent TC transcatheter ventricular enhancement system designed to treat the...
View ArticleClik here to view.
MassDevice.com +5 | The top 5 medtech stories for January 27, 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...
View ArticleClik here to view.
Presbia prices $13.5m rights offering
Presbia (NSDQ:LENS) today priced an upcoming rights offering, looking to offer up to 4.5 million shares at $3 per share, netting the company as much as $13.5 million. The offering will go out to...
View ArticleClik here to view.
Tela Bio raises $7.4m
Tela Bio raised $7.4 million in a new round of equity financing, according to an SEC filing posted this week. The company produces Ovitex reinforced bioscaffolds designed for hernia repair or abdominal...
View ArticleClik here to view.
Skyline Medical shareholders OK 3x share increase
Skyline Medical said today that its shareholders agreed to an amendment which would increase shares of common stock from 8 million to 24 million. The decision was made at a special meeting of...
View ArticleClik here to view.
Does your medical device and IVD sales need an import license in India?
By Stewart Eisenhart, Emergo Group India’s medical device registration system is still transitioning to a more formalized and predictable framework, which has raised questions from foreign...
View ArticleClik here to view.
FDA approves Gore’s Viabahn VBX stent graft for iliac artery lesions
W.L. Gore & Assoc. said today that it won FDA approval for its Viabahn VBX stent graft for treating iliac artery lesions, including those found at the aortic bifurcation. Flagstaff, Ariz.-based...
View ArticleClik here to view.
Pacemaker data lead to arson charges for Ohio man
Pacemaker data reportedly led to arson and fraud charges for an Ohio man accused of torching his home for the insurance money. Ross Compton of Middletown, Ohio, faces felony counts of aggravated arson...
View ArticleClik here to view.
Covidien spinout Mallinckrodt closes $690m sale of nuclear imaging biz
Covidien spinout Mallinckrodt plc (NYSE:MNK) said today that it closed the $690 million sale of its nuclear imaging business to IBA Molecular. Mallinckrodt’s nuclear imaging business includes 2...
View ArticleClik here to view.
Novo Nordisk puts $145m into U.K. research center
(Reuters) – Novo Nordisk, the world’s top maker of diabetes drugs, is investing 115 million pounds ($145 million) in a new research center in Britain, undeterred by Brexit. The Danish company said on...
View ArticleClik here to view.
Zimmer Biomet logs 3rd win in NexGen Flex bellwether trials
Zimmer Biomet (NYSE:ZBH) last week won its 3rd bellwether trial in the multi-district litigation brought over the NexGen Flex knee implant, after a federal jury in Illinois found against the plaintiff....
View ArticleClik here to view.
Teva wins FDA nod for inhaled asthma medications
Teva Pharmaceuticals (NYSE:TEVA) said today that the FDA approved 2 inhaled asthma medications to be delivered using the company’s RespiClick breath-activated, multi-dose dry powder inhaler. The...
View ArticleClik here to view.
Pulmatrix seeks to raise $5m in direct offering
Pulmatrix (NSDQ:PULM) said today that it landed an agreement with several institutional investors to purchase $5.0 million of shares of common stock in a registered direct offering. The Lexington,...
View Article
