EchoNous announced today that it entered into an alliance with Samsung to run its ultrasound offerings off the Galaxy mobile tablets. Redmond, Washington–based EchoNous develops the Kosmos portable, artificial intelligence (AI)-guided point-of-care ultrasound (POCUS) tool. Under the new partnership, Kosmos will now be able to run on off-the-shelf Samsung Galaxy Tab Active Pro tablets (models […]
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MedTech 100 roundup: New all-time best reached
Once again, the medtech industry has soared to new heights, eclipsing its all-time best performance by the tiniest of margins. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week (July 2) at 114.59 points. It was just 0.01 points ahead of the 114.58-point mark set in […]
EchoNous raises $60M for AI-guided ultrasound
EchoNous announced that it raised $60 million to launch its flagship AI-guided Kosmos ultrasound device. Redmond, Wash.-based EchoNous received the investment from Kennedy Lewis Investment Management, with the funding combining senior secured debt and equity to build on the support of KKR, EchoNous’ principal investor since 2015, according to a news release. The company said […]
EchoNous wins FDA nod for EchoNous Vein ultrasound catheter guide
EchoNous said today it won FDA 510(k) clearance for its EchoNous Vein ultrasound device intended to improve peripheral IV catheter placements. The Seattle-based company said its EchoNous Vein system is designed to provide real-time, clear images at depths from one to five centimeters for visualizing superficial and deeper veins. “EchoNous Vein’s simple on-screen controls allows clinicians […]
KKR puts another $35m into Signostics parent company EchoNous
Private equity giant KKR (NYSE:KKR) put another $235 million into EchoNous, the parent company of Signostics, for the second time in as many years. The cash is earmarked for commercializing the Uscan ultrasound device, developing a vein-location device and an unnamed artificial intelligence-driven ultrasound project to market, Seattle-based EchoNous said. KKR put $35 million into the company […]