Venture capital firm Jump Capital said today that it sold its portfolio company, healthcare software-as-a-service provider Champion Healthcare Technologies, to The Riverside Company in an undisclosed deal. Chicago-based Jump Capital said that Champion Healthcare developed and supports a software intended for use in helping hospitals track and manage tissue and implantable devices throughout their chain […]
CyMedica raises $4m
CyMedica Orthopedics has raised approximately $4 million in a new round of equity financing, according to a recently posted SEC filing. Money in the round came from three anonymous sources, with the first date of sale noted as having occurred on May 31, according to the filing. CyMedica has not yet stated how it plans to […]
China’s FDA requests small trial of Guided Therapeutic’s LuViva before approval
Guided Therapeutics (OTC:GTHP) said yesterday that China’s FDA has requested a small clinical trial of its LuViva line of cervical scan products. The Norcross, Ga.-based company said it received the request as a “new communication regarding regulatory approval of its LuViva line of products in China,” adding that it plans to submit final paperwork for approval […]
DT Medtech wins PMA nod for Hintermann H3 total ankle system
DT MedTech said yesterday that it won FDA premarket approval for its Hintermann Series H3 total ankle replacement system. The Baltimore-based company said that its H3 system is a three-piece, mobile-bearing implant that is indicated for use as a non-cemented implant intended to replace a painful arthritic ankle joint due to primary osteoarthritis, post-traumatic osteoarthritis or […]
Life sciences VC firm Third Rock raises $770m for new fund
Healthcare venture capital firm Third Rock Ventures said today that it closed a new $770 million “Fund V” looking to invest in early-stage and start-up companies. With the newly closed fund, the Boston-based VC fund said it will continue to search for and help launch innovative life science companies “that have the potential to transform the […]
Senseonics touts strong safety profile in long-term Eversense CGM post-market registry
Senseonics (NYSE:SENS) said yesterday that is presenting long-term safety data on its Eversense CGM from a European post-market clinical follow up registry later this week, touting that results showed the device as having a strong safety profile. The presentation is slated to take place this Saturday as part of the American Diabetes Association’s Scientific Sessions in […]
BrainBox wins FDA breakthrough nod for TBI test, launches pivotal trial
Brain-injury diagnostic dev BrainBox Solutions said today that the FDA granted it a breakthrough device designation for its in-development BrainBox Traumatic Brain Injury test and that it launched a pivotal trial of the system. The Richmond, Va.-based company’s BrainBox TBI test is a multi-modality, quantitative test combining injury-related blood protein biomarkers with computerized neurological assessments. […]
Smith & Nephew launch Conquest FN femoral neck fracture system
Smith & Nephew (NYSE:SNN) said today it launched its Conquest FN system intended to treat femoral neck fractures. The London-based company touted that the Conquest FN system is designed to address challenges associated with femoral neck fractures and provide intra-operative and post-operative reduction control. Smith & Nephew said they collaborated with FX devices to use its […]
Conventus Ortho taps Epstein as CEO | Personnel Moves – June 5, 2019
Conventus Orthopaedics said today that it named Rick Epstein as its new chief executive officer and board member. The Minneapolis-based company said that Epstein has more than 30 years in executive leadership roles, having previously served as chief executive officer for Omni Life Sciences. “Rick has a track record of accelerating businesses through a focus […]
Sientra boosts offering to $100m
Sientra (NSDQ:SIEN) yesterday lifted the total it is looking to raise in an upcoming offering from a previously announced $75 million to $100 million. In the offering, which was announced earlier this week, the Santa Barbara, Calif.-based company said it plans to float approximately 17.4 million shares of its common stock at a price of $5.75 […]
Companion Medical, Glooko ink InPen insulin pen data integration deal
Companion Medical said today that it inked a partnership deal with Glooko to integrate data from its InPen smart insulin injection pen into Glooko’s diabetes data management system and mobile application. The integration will be performed through Apple‘s (NSDQ:AAPL) Apple Health application, San Diego-based Companion Medical said, and will allow users to automatically integrate insulin data […]
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