Medtronic (NYSE:MDT) announced today that it appointed Lidia Fonseca to its board of directors as an independent director. Fonseca, who serves as EVP and chief digital and technology officer at Pfizer, will become a director effective today. She will serve on the board’s Compensation Committee and Science and Technology Committee. “We are thrilled to welcome […]
Software / IT
Elucid raises $27M for heart disease diagnosis software
Elucid announced that it closed a Series B financing round with proceeds totaling $27 million. Boston-based Elucid’s Series B round was led by an undisclosed strategic investor. A new investor, Biovision Ventures, participated, as did existing investors MedTex Ventures, IAG Capital, Bold Brain Ventures and BlueStone Venture Partners. Elucid designed its FDA-cleared and CE-marked software […]
Florence Healthcare raises $27M for clinical trial software
Florence Healthcare announced today that it completed a Series C-1 funding round with proceeds reaching $27 million. Atlanta-based Florence Healthcare, a developer of clinical trial software designed to provide the digital link between clinical trial sites, sponsors and CROs, has now raised $114.1 million to date. The company said in a news release that the […]
FDA clears Medtronic’s ligament augmentation system for spine surgery
Medtronic (NYSE:MDT) announced today that it received FDA 510(k) clearance and breakthrough device designation for its LigaPASS 2.0. According to a news release, LigaPass is the first and only FDA-cleared device with an indication for ligament augmentation in spine surgery. The company designed the LigaPASS 2.0 ligament augmentation system due to its positive impact on […]
Iterative Scopes appoints new chief technology officer
Iterative Scopes announced today that it appointed Aditya Khosla to its leadership team as the company’s chief technology officer. The Cambridge, Massachusetts–based developer of artificial intelligence-based precision medicine for gastroenterology also added Khosla to its board of directors. “We are thrilled to welcome Dr. Khosla to the Iterative Scopes team,” founder and CEO Jonathan Ng […]
GE Healthcare unveils wireless patient monitoring platform
GE Healthcare (NYSE:GE) today introduced a continuous monitoring platform with wearable sensors for detecting patient deterioration. The technology, aimed to detect deterioration earlier than traditional sampling methods to improve patient outcomes, was developed at GE Healthcare’s global center of excellence for monitoring solutions in Helsinki, Finland. GE Healthcare’s Portrait Mobile platform wirelessly monitors throughout the […]
How Avail Medsystems seeks to create a connected OR experience
Much like a normal Starbucks-goer expects the coffee to taste a certain way at any location, Daniel Hawkins wants that type of experience in the operating room. Hawkins is the CEO of Avail Medsystems, a company developing telemedicine equipment that can connect surgeons, interventional specialists and medical device sales reps. Hawkins and the team at […]
Sidekick Health and Eli Lilly partner on digital therapeutics for breast cancer
Sidekick Health today announced a collaboration on an integrated digital therapeutics solution in conjunction with Eli Lilly (NYSE:LLY). The collaboration between the companies will mark the first phase of a relationship between Sidekick and Lilly, which starts with a digital therapeutic offering for patients battling breast cancer. According to a news release, the first phase […]
Aidoc raises $110M for AI-powered care platform
Artificial intelligence-based healthcare technology developer Aidoc announced today that it raised $110 million in a Series D financing round. Tel Aviv, Israel-based Aidoc’s latest fundraising round brings its total funding to $250 million. The company aims to use the funds to power the expansion of its Aidoc AI Care Platform designed to empower radiologists and […]
Ibex wins CE mark for AI-powered gastric cancer detection tech
Ibex Medical Analytics announced today that it received CE mark approval for its Galen gastric cancer detection solution. Tel Aviv, Israel-based Ibex uses artificial intelligence (AI) and machine learning technology to power its Galen platform for cancer diagnostics based on hundreds of thousands of image samples scanned from biopsy slides through digital pathology. Galen won […]
ResMed to acquire out-of-hospital software developer Medifox Dan for $1B
ResMed (NYSE:RMD) announced today that it agreed to acquire German software company Medifox Dan in a deal worth $1 billion. Hildesheim, Germany-based Medifox Dan develops clinical, financial and operational software solutions for out-of-hospital care providers. Its offerings include care documentation, personnel planning, administration, billing and more. According to a news release, Medifox Dan’s solutions are […]