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Vascular Dynamics reports raising $10 million in funding round | Medtech funding for the week of November 10, 2014

November 14, 2014 by MassDevice

Here's a look at some of the top legal news stories for medical device companies this week: Vascular Dynamics raises $10m; Spiracur raises $16m from GE Capital; Biolase lands $35m private placement; Monteris Medical raises $30m Series B round for NeuroBlate robotic brain tumor laser

Vascular Dynamics raises $10m

November 7, 2014 by Val Kennedy

Vascular Dynamics raises $10m

Monteris Medical raises $30m Series B round for NeuroBlate robotic brain tumor laser

November 13, 2014 by Brad Perriello

Monteris Medical says it's drummed up a $30 million Series B round for its NeuroBlate laser robotic surgery platform.

Monteris Medical raises $30m Series B round for NeuroBlate robotic brain tumor laser

Monteris Medical said a pair of new backers joined a $30 million Series B round it plans to use to expand the commercial footprint of its NeuroBlate robotic brain tumor laser.

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OrthoSensor lands another $13M, closing $48M Series B round | Funding Roundup

October 18, 2013 by Brad Perriello

OrthoSensor picks up another $13 million, taking its Series B total to $48 million for its Verasense knee replacement device following CE Mark approval in the European Union.

OrthoSensor lands another $13M, closing $48M Series B round | Funding Roundup

OrthoSensor said it added $13 million to its Series B round, taking the total for the round to $48 million as it looks to capitalize on regulatory nods for its Verasense knee replacement device in the U.S. and Europe.

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Monteris wins U.S. and Canadian nods for its NeuroBlate tumor "cooker"

April 15, 2013 by Sony Salzman

Monteris Mecical scores regulatory wins in the U.S. and in Canada, also touting positive clinical trial results for the NeuroBlate MRI-guided brain tumor treatment system.

Monteris Medical logo

Monteris Medical won a regulatory nod in the U.S. and in Canada for its NeuroBlate MRI-guided tumor ablation device, the company said.

Monteris Medical closes $7.8M round for brain tumor laser

January 15, 2013 by MassDevice staff

Monteris Medical raises $7.8 million, saying it plans to boost marketing of its NeuroBlate neurosurgical ablation device.

Monteris Medical closed a $7.8 million funding round it plans to use to commercialize its NeuroBlate neurosurgical ablation device for treating brain tumors.

The round, led by Business Development Bank of Canada, also included the SWMF Life Science Fund and several independent parties. Monteris drummed up $9 million last May, according to a press release.

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St. Jude Medical's largest backer boosts stake by 30% | Wall Street Beat

May 7, 2012 by MassDevice staff

MFS Investment Management, which invented the mutual fund, adds 7 million shares to its stake in St. Jude Medical, taking its share to 10% of the medical device maker; also, Smith & Nephew's Bioventus ortho-biologics JV fledges, Kalypto deal closes; Kerberos Proximal Solutions puts Rinspiration on the auction block; NeuroLogica helps develop 1st mobile stroke ambulance; Xtend Medical gets into the entertainment game; plus, a Funding Roundup and analysts' ups and downs.

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St. Jude Medical's (NYSE:STJ) largest investor boosted its stake by more than 30%, to some 27.2 million shares, or about 10% of the medical device maker.

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CardioInsight chief Arless replaced by 2-man "office of the president" | Personnel Moves

April 23, 2012 by MassDevice staff

CardioInsight chairman & CEO Steve Arless resigns, to be replaced by 2-man "office of the president"; Medical Action Industries shuffles the deck; Monteris Medical appoints John Schellhorn president & CEO; AirXpanders expands its leadership team; Pathway Genomics builds a scientific advisory board; Cleveland Medical Mart builds industry advisory board, names leaders; Zeltiq CEO Gordie Nye steps down; and more.

fired/hired

 CardioInsight chairman & CEO Steve Arless resigns, to be replaced by 2-man "office of the president"

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