Johnson & Johnson MedTech announced today that it plans to accelerate and scale AI for surgery in partnership with Nvidia. The two companies paired up to support increased access to real-time analysis and global AI algorithm availability. They hope to affect surgical decision-making, education and collaboration across the connected operating room (OR). This marks the […]
Carlsmed raises $52.5M Series C for spine surgery platform
Carlsmed announced today that it raised $52.5 million in a Series C funding round co-led by B Capital and U.S. Venture Partners. The Carlsbad, California-based AI-enabled personalized surgery company plans to use the funds to accelerate commercialization efforts. It wants to boost the commercialization of its aprevo personalized spine surgery platform for lumbar fusion procedures, […]
Siemens Healthineers to close Fast Track Diagnostics unit
Siemens Healthineers announced today that it intends to close its Fast Track Diagnostics Unit in a move that affects just shy of 100 workers. The business closure affects about 90 employees, mostly based in Luxembourg. The company has conversations underway with local employee representatives and plans to follow local labor regulations and guidelines in accordance […]
Surgeons perform first total knee arthroplasty with Polaris mixed-reality surgical guidance tech
Polaris announced today that surgeons performed the first total knee arthroplasty (TKA) during its Stellar Knee mixed-reality system. Stellar Knee uses mixed reality for surgical navigation and guidance. It guides TKA procedures by displaying measured and computed data overlaid directly in a 3D environment. The system acts as a spatial computer, creating continuous data exchange […]
Biotronik wins FDA breakthrough nod for below-the-knee resorbable scaffold
Biotronik announced today that it won FDA breakthrough device designation for its Freesolve below-the-knee resorbable magnesium scaffold. The company designed the Freesolve BTK RMS for individuals with chronic limb-threatening ischemia (CLTI). It recently launched the scaffold in Europe after receiving CE mark for treating coronary artery lesions. Lake Oswego, Oregon-based Biotronik based its system on the […]
FDA clears automated insulin delivery system from Sequel Med Tech
Sequel Med Tech announced today that its partner, DEKA R&D, won FDA 510(k) clearance for its automated insulin delivery (AID) system. The twist system, powered by Tidepool, directly measures the volume and flow of insulin delivered with every microdose. It offers the capability and flexibility to address each patient’s individual dosing needs. Sequel will market […]
Titan Medical enters merger with Conavi Medical
Titan Medical announced today that it entered into a definitive amalgamation agreement to combine with Conavi Medical. The companies aim to combine in an all-stock transaction, focusing on commercializing Conavi’s Novasight Hybrid system. Conavi designed Novasight Hybrid to guide common minimally invasive coronary procedures. This merger comes after more than a year of uncertainty around […]
The biggest diabetes tech news out of ATTD 2024
Every year, the diabetes community comes together for the International Conference on Advanced Technologies & Treatments for Diabetes (ATTD). In the 17th installment at the start of this month, some of the biggest names shared new studies and technologies set to advance the diabetes space. Dexcom, Abbott, Medtronic and more contributed on their end, while […]
Delcath Systems announces $7M private placement
Delcath Systems (Nasdaq:DCTH) announced today that it entered into a securities purchase agreement worth $7 million in proceeds. The company entered into an agreement with certain accredited investors for the private placement. The collection of investors includes existing investors, Delcath executives and members of the board of directors. Delcath plans to issue and sell 876,627 […]
Medtronic’s Respiratory Interventions unit president is leaving
Ariel Mactavish, president of the Respiratory Interventions unit at Medtronic , announced that she is departing her post at the medtech giant. In a post on LinkedIn, Mactavish explained her decision to depart: “After 12 rewarding years, I have decided to leave Medtronic and I want to take the opportunity [to] share my deepest gratitude […]
Better Therapeutics terminates staff as it seeks alternative options
Better Therapeutics (Nasdaq:BTTX) announced today that it is terminating its employees and will explore strategic alternatives. Among those alternatives, the company could consider assignment for the benefit of creditors and/or a wind-down of the company. The San Francisco-based digital therapeutics maker came to the decision at a special meeting of its board on March 13. […]