Steris (NYSE:STE) and Karl Storz have each won supply contract extensions with the U.S. Department worth over $350 million to supply the agency with integrated operating room components, accessories and services, according to a recently posted DoD release. Ireland-based Steris won a maximum $393.8 million contract to supply the Army, Navy, Air Force, Marine Corps and […]
AtriCure restarts DEEP dual-procedure clinical trial
AtriCure (NSDQ:ATRC) said today that it restarted enrollment in its DEEP clinical trial, touting that the first newly added patient in the trial has already been treated. The Mason, Ohio-based company’s DEEP trial is an FDA investigational device exempt study exploring the safety and efficacy of the company’s dual epicardial and endocardial procedure intended to treat […]
MicroPort Scientific joins $20m Series C for Rapid Medical
MicroPort Scientific has joined a $20 million Series C round for neurovascular device maker Rapid Medical. Israel-based Rapid Medical said that proceeds from the now closed Series C round will be used to support the completion of its TIGER U.S. IDE study and further commercial growth of its minimally invasive stroke treatment and prevention devices. The […]
Johnson & Johnson settles Washington AG’s pelvic mesh suit for $10m
Johnson & Johnson (NYSE:JNJ) has agreed to pay $9.9 million to settle a suit it faced from Washington Attorney General Bob Ferguson over a failure to include serious risks in instructions and marketing materials for surgical mesh devices, according to a Washington State Office of the Attorney General release. Approximately 14,000 women in Washington State have […]
BaroNova wins FDA nod for TransPyloric Shuttle weight loss device
BaroNova said today that it won FDA approval for its TransPyloric Shuttle non-surgical device intended for treating obesity, now cleared as a weight loss solution for adults with obesity and a body mass index of 30 to 40 kg/m2. The San Carlos, Calif.-based company said that the device is approved for up to 12 months […]
Onero raises $9m Series A for home sleep diagnostic
Onera Health said today that it raised $9.3 million in a Series A funding round to support its at-home sleep diagnostic patch system. The round was led by Jazz Pharmaceuticals, Imec.xpand and joined by Imec and BOM, the Palo Alto, Calif.-based company said. “Imec is proud of the progress made by Onera. It’s inspiring to […]
Imaging3 settles lawsuit ahead of reverse merger
Imaging3, which is slated to be acquired by privately held Los Angeles-based cannabis company Grapefruit Boulevard Investments, said last week that it has settled a lawsuit it faced over claims that it breached note agreements and failed to deliver warrants to equity firms that had invested in it in 2017. Investors Alpha Capital Anstalt and […]
Cloud-based OR software dev Explorer Surgical raises $5m
Healthcare software dev Explorer Surgical said late last week that it closed a $5 million round of financing to support its intraoperative surgical and interventional procedure workflow management and analytics platform. The round was led by Aphelion Capital, who also led a Series A financing round, and joined by all major existing and new investors, the “Since […]
Nipro’s Infraredx wins expanded FDA nod for Makoto intravascular imager
Nipro (TYO: 8086) subsidiary Infraredx said today that it won expanded FDA 510(k) clearance for its Makoto intravascular imaging system, now cleared to identify patients and coronary plaques at an increased risk of major adverse cardiac events. The approval came based on results from the Lipid-Rich Plaque study in which researchers explored the ability of intravascular […]
Medtronic inks deal to distribute Alpha Omega’s neurosurgical nav tool
Medtronic (NYSE:MDT) has inked an agreement with Israel-based medtech developer Alpha Omega to market its surgical navigation products designed for procedures in the brain, according to a recent Globes report. Prior to the agreement, Alpha Omega’s devices were offered as independent products and were mostly marketed to hospitals in Israel, according to the report. Alpha Omega […]
Appeals court hands Hologic a loss in patent spat with Minerva Surgical
The U.S. Court of Appeals for the Federal Circuit today ruled against Hologic (NSDQ:HOLX) in a patent spat with Minerva Surgical, upholding a ruling from the U.S. Patent Trial and Appeal Board that claims on a patent Hologic owns, related to detecting perforations in body cavities during ablation, are unpatentable as obvious. In the case, Minerva […]
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