Siemens Healthineers announced that its Corindus company rebranded to “Siemens Healthineers Endovascular Robotics.” In 2019, Siemens Healthineers bought out Corindus for $1.1 billion. Corindus develops the CorPath robot-assisted device for coronary and peripheral vascular procedures. According to a news release, brand unification represents “the final step” in the company integration process that began in 2019. […]
J&J leads $85M raise for HistoSonics
HistoSonics announced today that it raised $85 million in a financing round led by Johnson & Johnson Innovation. Minneapolis-based HistoSonics develops a novel sonic beam therapy. This uses histotripsy, which mechanically destroys and liquified unwanted tissue and tumors at sub-cellular levels. It develops the non-invasive Edison platform that combines imaging with proprietary sensing technology to […]
Farapulse founder’s Field Medical partners with CardioNXT on novel pulsed-field ablation tech
Field Medical and CardioNXT announced a strategic collaboration to provide what they say is a first-of-its-kind pulsed-field ablation (PFA) therapy. The two companies plan to provide a purpose-built PFA therapy integrated with 3D mapping and navigation. According to a news release, both teams bring decades of experience in pioneering novel PFA and navigation technologies. Their […]
Johnson & Johnson extends tender offer for Abiomed acquisition
Johnson & Johnson (NYSE:JNJ) announced today that it extended the expiration date of its offer to acquire Abiomed (Nasdaq:ABMD). Last month, Johnson & Johnson announced its intention to acquire Abiomed for approximately $16.6 billion. Under the agreement, Johnson & Johnson intends to acquire through tender offer all outstanding Abiomed shares. The deal includes an upfront payment […]
Activ Surgical appoints Manisha Shah-Bugaj as CEO
Activ Surgical announced today that it promoted chief operating officer Manisha Shah-Bugaj to the role of CEO. She takes over for Todd Usen, who occupied the corner office at the advanced surgical visualization tech company for four years. Shah-Bugaj served as COO at Activ Surgical since January 2022. She led the company’s impending global commercialization […]
Moon Surgical completes first-in-human clinical study of its Maestro robot
Moon Surgical announced today that it successfully completed 30 first-in-human laparoscopy procedures with its Maestro surgical robot. It’s more good news for the French company, which last week won FDA clearance for Maestro. The clearance offers support to surgeons in soft tissue surgical procedures. Moon Surgical designed Maestro for soft tissue procedures not currently supported […]
Delcath Systems raises $6.2M
Delcath Systems (Nasdaq:DCTH) announced today that it closed its previously announced private placement worth $6.2 million. The interventional oncology company issued and sold nearly 1.45 million shares of its common stock at $2.90 per share. In lieu of common stock, it sold 692,042 pre-funded warrants to purchase common stock. Price per warrant totaled $2.89. The […]
Titan Medical wins new surgical robotics patent
Titan Medical (Nasdaq:TMDI) announced today that the U.S. Patent and Trademark office (USPTO) issued a new patent for its surgical robot. The USPTO issued patent No. 11,504,191, titled “Graphical User Interface for a Robotic Surgical System.” It generally covers a graphical user interface (GUI) overlay of a surgical workspace to track instrument movement. According to Titan, […]
Axonics receives Health Canada approval for rechargeable sacral neuromod
Axonics (Nasdaq:AXNX) announced today that Health Canada approved its fourth-generation rechargeable sacral neuromodulation (SNM) system. Irvine, California-based Axonics’ R20 neurostimulator received labeling for a functional life in the body of at least 20 years. It reduces how frequently a patient must recharge their implanted device to once every six to 10 months. The devices charge […]
Tandem Diabetes Care to acquire patch pump maker AMF Medical
Tandem Diabetes Care (Nasdaq:TNDM) announced today that it acquired AMF Medical, maker of the Sigi patch pump for insulin delivery. Switzerland-based AMF Medical currently develops the Sigi patch pump and does not offer it commercially. The system received FDA breakthrough device designation just over one year ago. AMF Medical designed Sigi as an ergonomic, rechargeable […]
VitalConnect wins Frost & Sullivan innovation award for patient monitoring device
Frost & Sullivan today recognized VitalConnect with its 2022 North America New Product innovation award for its biosensor technology. VitalConnect’s biosensor monitors patients and detects multiple health problems. According to a news release, the platform reduced hospital workloads by enabling home monitoring. Patients who prefer to move freely could use the comfortable, state-of-the-art cardiac monitoring […]