The U.S. Court of Appeals for the Federal Circuit this week shot down an appeal by Wright Medical(NSDQ:WMGI) seeking to obtain legal fees related to a patent infringement case against Spineology which was decided in Wright’s favor this summer. Wright appealed after the U.S. District Court for the District of Minnesota ruled that Wright could […]
Early stage ortho company Edge Surgical raises $4m
Early stage medical device company Edge Surgical said on Wednesday that it raised $4 million in a Series A round of financing, with funds slated to support increased manufacturing, marketing and sales of its EDG Ortho 65mm device. The Chicago-based company said that the Series A round also included $3 million raised plus a convertible […]
Magnetic Insight raises $18m in Series A
Magnetic Insight said on Wednesday that it raised $18 million in a Series A round of financing, with funds slated to support expanding commercial and operations teams and scaling manufacturing, as well as the development of new applications for the company’s tech platform. The funding round was led by 5AM Ventures, the Alameda, Calif.-based company said. […]
Gerresheimer taps Metzner as CFO | Personnel Moves – December 14, 2018
Gerresheimer said late last month that it tapped Dr. Bernd Metzner as its new chief financial officer, set to take position at the latest by July 1 next year. Prior to joining the Dusseldorf-based company, Metzner acted as CFO at Ströer, a position he took up in June 2014. He also held positions at Bayer […]
Moody’s: Outlook strong for medical devices in 2019
The medical device industry should see a stand-out year in 2019, according to a Moody’s report on the industry, Medtech Dive reports. The financial services company predicts a positive outlook for medtech, with forecasted earnings before interest, tax, depreciation and amortization of between 4.5% and 5.5% for companies on an organic basis, according to the […]
ConMed to acquire Buffalo Filter for $365m
ConMed (NSDQ:CNMD) said today that it inked a deal to acquire surgical smoke evacuation tech developer Buffalo Filter for $365 million. Buffalo Filter develops and produces surgical smoke evacuation technologies, including smoke evacuation pencils, smoke evacuators and laparoscopic solutions, ConMed said. Utica, N.Y.-based ConMed said that it expects to finance the transaction through a combination of […]
FDA: GE R860 ventilator safety guard recall is Class I
The FDA today labeled a select recall of GE Healthcare‘s (NYSE:GE) CareScape R860 inspiratory safety guards, designed for use with a ventilator, as Class I. Class I designations, the FDA’s most severe classification, are used when there is a reasonable probability that product use could cause serious adverse health consequences or death. The R860 inspiratory safety […]
Edwards to add 370 employees in Costa Rica
Edwards Lifesciences (NYSE:EW) is slated to add 370 to its workforce in Costa Rica as part of an expansion plan in the region, according to a post from the Costa Rican Investment Promotion Agency (CINDE). The Irvine, Calif.-based company originally established its facilities in Costa Rica in 2016, and currently employs 480 employees in the region. “Edwards […]
Acute decompensated HF treatment device dev WhiteSwell raises $30m in Series B
Early stage device developer WhiteSwell said this week it closed a $30 million Series B round of financing to help support continued development and a pivotal study of the company’s technology intended to treat acute decompensated heart failure. The round was led by RA Capital Management and an InCube Ventures syndicate and joined by other […]
Check-Cap wins conditional IDE approval for C-Scan pilot study
Check-Cap (NSDQ:CHEK) said today it won conditional approval from the FDA for its investigational device exemption application to launch a pilot study of its C-Scan system. The Israel-based company’s C-Scan system is designed as an alternative to standard colon cancer screening methods. The system uses an ingestible, ultra-low dose X-ray capsule and a wireless tracking system […]
Report: Apple hiring dozens of MDs, solidifies venture into healthcare
Apple (NSDQ:AAPL) has hired dozens of medical doctors for positions with various teams at the company, confirming its plans to move into the healthcare biz, according to a recent CNBC report. Many of the hires have been under the radar, according to the report, which estimates the company has more than 40 and up to 50 […]
- 1
- 2
- 3
- …
- 532
- Next Page »
MassDevice Network
@MassDevice
LinkedIn
YouTube