Argá Medtech today announced it closed a €54 million oversubscribed Series B funding round to support its pulsed field ablation technology. The Lausanne, Switzerland-based company develops the Coherent Sine-Burst Electroporation pulsed field ablation system for treating cardiac arrhythmias, including atrial fibrillation. Argá’s latest financing will allow the company to advance the development of its CSE […]
How medtech could be affected by a U.S. government shutdown
Editor’s note: This article originally ran on September 29, 2023. It was updated on February 27, 2024 to reflect new staffing contingency plans and which departments will be affected by the March 1 shutdown. Congressional leaders over the weekend did not come to an agreement on legislation to fund several government agencies, including the FDA. […]
Fast Five: Integra Lifesciences announces a plant closure; Virtual Incision’s mini MIRA surgical robot wins FDA nod
Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, February 27, 2024. Fast Five by MassDevice · Integra Lifesciences closes a plant; Virtual Incision’s mini MIRA surgical robot wins FDA nod Owlet is set […]
The UK wants to deliver medical supplies via drone
A new proposal from the U.K. Civil Aviation Authority (CAA) sets out a plan for medical supply delivery through drone operations. These proposals are part of the U.K. Future Flight Programme and seek to expand drone capabilities by permitting operations beyond remote pilots’ visual line of sight (BVLOS). The proposed measures involve drones operating at […]
Fast Five: Former Mazor VP convicted of insider trading; FDA clears Zimmer Biomet’s ROSA Shoulder surgical robot
Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, February 23, 2023. Fast Five by MassDevice · Former Mazor VP convicted of insider trading; FDA clears ZBH’s ROSA Shoulder surgical robot ClearPoint Neuro’s latest […]
Jill Biden launches $100M initiative to transform women’s health research
Dr. Jill Biden and the White House this week announced that $100 million in federal funding will go toward research and development into women’s health. The First Lady said the funding is part of a White House Initiative on Women’s Health Research that the White House announced in November. The Federal Department of Health and […]
Fast Five: 3M announces launch date of Health Care spinoff; A Medtronic EVP leaves amid latest reorganization
Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, February 22, 2024. Fast Five by MassDevice · 3M announces launch date of Health Care spinoff; A Medtronic EVP leaves amid latest reorganization DarioHealth has […]
QuidelOrtho terminates CEO
QuidelOrtho announced today that it terminated President and CEO Douglas Bryant, effective immediately. The San Diego–based diagnostic tech company said the decision came after a “comprehensive evaluation.” Bryant also resigned from the board of directors, effective today. QuidelOrtho’s board formed the Office of the Chief Executive Officer on February 17 to ensure business continuity and […]
Boston Scientific warns on fragment embolization in some PolarSheath devices
Boston Scientific has issued an urgent field safety notice for some of its PolarSheath steerable sheaths due to the risk of embolization. The company is removing specific batches of PolarSheath steerable sheaths due to a tooling error in manufacturing, which may have caused delimitation of the inner lumen of the sheath shaft in a subset […]
Fast Five: Medtronic exits ventilator market; BioSig reduces workforces again, will ‘substantially’ cut operations
Welcome to the MassDevice Fast Five medtech news podcast, the show that keeps you up-to-date on the latest breakthroughs in medical technology. Here’s what you need to know for today, February 21, 2024. Fast Five by MassDevice · Medtronic exits ventilator market; BioSig will ‘substantially’ cut operations Better Therapeutics won an FDA breakthrough designation for […]
AngioDynamics sells PICC and Midline portfolios for $45M, discontinues sales of radiofrequency ablation devices
AngioDynamics recently announced the sale of its PICC and Midline product portfolios to Spectrum Vascular for up to $45 million in cash. The company PICC, Midline and tip location products contributed approximately $43.5 million in annual sales during AngioDynamics’ fiscal year 2023. The transaction consists of $34.5 million paid at closing, an earnout related to […]