UPDATED Jan. 30, 2017, with comment from Pixarbio; and Jan. 23, 2017, with news of SEC suspension. The U.S. Securities & Exchange Commission today suspended trading in shares of PixarBio (OTC:PXRB) due to possible “manipulative or deceptive activities” and due to questions about the accuracy of claims made by the company in press releases and SEC […]
Orthopedic scaffolds made from electrospun nanofibers help bones heal
Researchers from the University of Helsinki have developed a technique to make orthopedic scaffolds using nanofibers and thin-film biomaterials to help bones regrow and implants settle into the body. The team of chemists used electrospun hydoxyapatite to make the nanofibers. Hydroxyapatite is a naturally occurring mineral form of calcium apatite, found in bones and teeth. […]
BioSig taps Minnetronix to develop Pure EP prototype
BioSig Technologies (OTCQB: BSGM) issued a letter to its shareholders today, updating them on the company’s recent developments and revealing that it tapped Minnetronix to develop the 1st version of its Pure EP system. The Minneapolis-based company is developing a cardiac signal acquisition and display system which is designed to assist electrophysiologists in making clinical decisions for patients with […]
Kaleo announces US availability, pricing of allergy auto-injector
Kaléo Inc. said yesterday that its Auvi-Q epinephrine auto-injector will be available by prescription in the U.S. beginning Feb. 14th. The Richmond, Virginia-based company’s emergency allergy treatment was pulled from the market in 2015 due to manufacturing issues. The Epipen competitor device will be sold at a list price of $4,500, but Kaléo said that as a […]
Cytori buys Azaya’s nanoparticle tech in stock deal
Cytori Therapeutics (NSDQ:CYTX) said this week that it bought San Antonio-based Azaya Therapeutics and its nanoparticle cancer drugs in a stock deal. Azaya shareholders will receive $2 million in CTYX stock. San Diego-based Cytori will also pay $2 million upfront for costs associated with Azaya’s new manufacturing facility in San Antonio. Cytori will acquire a […]
Patent board invalidates RainDance patent for obviousness
The Patent Trial and Appeal Board invalidated a RainDance Technologies patent earlier this week for obviousness. The patent, which covers a method for manipulating the size of liquid droplets used in microfluidic diagnostic tests, was challenged by manufacturer 10X Genomics Inc. The panel, after conducting an inter partes review, found that the technique’s characteristics, which […]
Advanced Cooling Therapy wins CE Mark for esophageal cooling device
Advanced Cooling Therapy said today that it won CE Mark approval in the European Union for use of its esophageal cooling device with Stryker‘s (NYSE:SYK) Altrix Precision Temperature Management System. The Chicago-based company’s ECD is designed to modulate and control patient temperature using a single-use triple lumen system that is inserted into the patient’s esophagus. […]
Study finds financial ties between researchers, industry associated with positive trial results
A study conducted by a team of U.S. researchers found that financial ties between researchers and the companies that make the drugs they are studying are independently associated with positive trial results. The team’s work was published in The BMJ this week. The study was observational, so the results can’t be used to draw concrete conclusions. But the […]
Researchers develop responsive, insulin-releasing skin patch
Researchers from the University of North Carolina at Chapel Hill, North Carolina State University and Changchun Institute of Applied Chemistry at the Chinese Academy of Sciences have developed a skin patch that measures blood glucose levels and releases insulin when levels climb too high. The team’s work testing the patch in mice was published earlier this month […]
InVivo adds patient to regenerative spinal scaffold trial
InVivo Therapeutics (NSDQ:NVIV) said today that it enrolled a new patient in the Inspire study of its neuro-spinal scaffold. Principal investigator Dr. Travis Dumont performed the implantation earlier this week, 67 hours after the patient’s spinal cord injury happened. “The implantation procedure of the neuro-spinal scaffold was successful, and the patient is doing well,” Dumont said […]
Coorstek claims win in ceramic hip dispute
A federal judge in Colorado ruled earlier this month that Ceramtec cannot trademark its ceramic hip implants’ pink color, after the company wrote a cease and desist letter to Coorstek Medical in 2014 over its competing CeraSurf device. Forth Worth, Texas-based Coorstek’s CeraSurf device is made with ceramic material that uses chromium oxide, which provides hardness […]