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Direct Flow Medical raises $31m for heart valve programs
Direct Flow Medical said it raised nearly $31 million in a Series C funding round it hopes will eventually gross nearly $60 million. The company is developing transcatheter replacements for the aortic...
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Smith & Nephew shareholders shoot down $3m bonus for executives
Smith & Nephew (NYSE:SNN) shareholders yesterday shot down the company’s plan to award $3 million in bonuses to a group of 60 top executives. The British healthcare giant’s remuneration committee...
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Organogenesis skins up $30m for expansion
Organogenesis said yesterday that it raised $30 million from existing investors to back its expansion plans. Canton, Mass.-based Organogenesis makes a line of regenerative medicine products designed to...
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Ex-NFL star, Heart Tronic exec Gault ordered to pay fine in SEC fraud case
(Reuters) – Willie Gault, the former National Football League wide receiver and Olympic sprinter, was ordered to pay $206,571 to settle a U.S. Securities and Exchange Commission lawsuit over his role...
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Good Clinical Practice: From Review to Application
In clinical research many rules and regulations exist to govern the way research is conducted and to protect those patients who are participating in research. One of the standard principles directing...
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FDA panel to mull cardiac heater-coolers over infection risk
The FDA said today it will hold a public advisory committee meeting of its Circulatory System Devices Panel to discuss bacterial infections associated with the use of heater-cooler devices during...
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St. Jude Medical holds on to win in poaching spat with Biosense Webster
St. Jude Medical (NYSE:STJ) hung on to a win over Johnson & Johnson (NYSE:JNJ) subsidiary Biosense Webster after a federal appeals court found that Biosense and the rep, Jose de Castro, breached...
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Tekcapital buys Stryker assets, mulls IPO for Bellascura subsidiary
Tekcapital (LON:TEK) said this week that it’s considering an initial public offering for the Bellascura subsidiary it formed to sell the trio of orthopedic assets it licensed from Stryker (NYSE:SYK)....
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Medtronic prices $3B offering
Medtronic (NYSE:MDT) today priced a massive $3 billion offering, looking to reduce its debt as it continues its journey towards an A credit profile. Charges from the offering will be recognized as a...
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MassDevice.com +5 | The top 5 medtech stories for April 15, 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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Intuitive Surgical cautions on cardiac cryoablation with non-da Vinci...
Intuitive Surgical (NSDQ:ISRG) today released a field safety notice it sent to da Vinci customers regarding the use of the da Vinci EndoWrist instruments with a cryoablation probe, warning of issues...
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Autonomic Technologies taps ex-Thoratec’s Pellegrini for CEO | Personnel...
Autonomic Technologies taps ex-Thoratec’s Pellegrini for CEO Autonomic Technologies said it hired ex-Thoratec North America prez Niamh Pellegrini as its new CEO and member of its board. Read more The...
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FDA approves new leads for Nevro’s Senza spinal cord stimulator
Nevro Corp. (NYSE:NVRO) said it won pre-market approval from the FDA for new surgical leads designed to be used with its Senza spinal cord stimulation device. The Senza device, which won an FDA nod in...
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Exploring the science behind the marathon runner
Running the Boston Marathon takes months of training, and it can take a toll on elite marathoners and novice athletes alike. Vector checked in with some of the experts in the Boston Children’s...
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Proteus Digital Health lands $50m Series H round
Proteus Digital Health last week said that it raised a $50 million Series H equity round it plans to use to expand the footprint of its Discover “smart pill.” The device uses an ingestible sensor, the...
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China’s Venus Medtech buys Transcatheter Technologies
Transcatheter Technologies said today that it agreed to an acquisition by Chinese replacement heart valve maker Venus Medtech for an undisclosed amount. Regensburg, Germany-based Transcatheter...
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St. Jude Medical touts 1st U.S. commercial implantations for Quadra Assura...
St. Jude Medical (NYSE:STJ) today touted the 1st U.S. commercial implantations for its Quadra Assura MP cardiac resynchronization therapy defibrillator, featuring its MultiPoint pacing technology. The...
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Helius Medical raises $7m for portable neuromodulation stimulator
Helius Medical Technologies (OTC:HSDT) said today that it raised $7.2 million (C$9.2 million) in a Canadian short-form offering and a concurrent private placement in the U.S. Newtown, Pa.-based Helius...
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Material in Medtronic’s cardiac leads makes the Space Technology Hall of Fame
Medtronic (NYSE:MDT) said today that lead material used in its cardiac leads, NASA Langley Research Center-Soluble Imide, was inducted into the Space Technology Hall of Fame. The induction ceremony...
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Amedica inks exclusive Chinese silicon nitride distro deal
Amedica (NSDQ:AMDA) said today it signed an exclusive distribution deal with Chinese medical device company Shandong Weigao Orthopedic Device Company Limited. The deal gives Weigao Orthopedic exclusive...
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