Elekta (STO:EKTA B) said today that it acquired ProKnow Systems for an undisclosed amount in a move toward cloud-based solutions for advanced radiation therapy. Sweden-based Elekta will have access to ProKnow’s products, namely the ProKnow DS, to offer the cloud-based analytics systems and standardize its practices. The ProKnow DS is designed to allow for analysis of […]
FDA clears 4Web Medical’s cervical spine implant
4Web Medical said yesterday that it received FDA 501(k) clearance to market its cervical spine truss system-stand alone (CSTS-SA) interbody fusion device. The CSTS-SA contains a single-step locking mechanism designed to give surgeon users confidence in a stand-alone construct that is meant to place fixation screws through the truss implant and into adjacent vertebral bodies, […]
Eitan taps InfuSystem for Sapphire pump maintenance deal
Eitan Group said today that it inked a deal with InfuSystem (NYSE:INFU) for repair services on its fleet of Sapphire infusion pumps. Madison Heights, Mich.-based InfuSystem plans to offer flat and al-la-carte options for Sapphire service and repair, citing a three-business-day turnaround goal on repairs. Get the full story at our sister site, Drug Delivery […]
Kaiser Permanente: Virtual cardiac rehab slashes secondary event rate
Kaiser Permanente yesterday touted promising results in reducing secondary cardiac events and rehospitalizations with a virtual cardiac rehabilitation program. Developed in collaboration with Samsung (LON:BC94), the Oakland, Calif.-based insurer’s eight-week program uses a Samsung smartwatch, paired with an Apple or Android smartphone, to send reminders for exercise, display heart rate and collect data, which is uploaded […]
IotaMotion adds nearly $3m, touts human factors study
IotaMotion said today that it raised nearly $3 million in a second round of funding as it moves toward commercializing its iotaSoft robotic system for cochlear implantation surgery. The Iowa City-based startup raised $2.52 million and said it’s focused on achieving developmental and regulatory milestones on its way to commercialization for the IotaSoft system. The […]
Micron Solutions inks $4m deal with mystery medtech company
Micron Solutions (NYSE:MICR) said yesterday that it received purchase orders from an unnamed medtech company worth nearly $4 million, its largest-ever order. The mystery organization was referred to as a “leading medical technology company” in a release, as it put $3.7 million toward a contract with Fitchburg, Mass.-based Micron Solutions, which produces medical device components […]
Pulmonx touts new coverage for Zephyr valve
Pulmonx said today that its Zephyr valve designed to treat chronic respiratory disease is now covered by Priority Health under a revised lung volume reduction policy. Redwood City, Calif.-based Pulmonx’s Zephyr valves are designed to provide a less-invasive treatment option for emphysema and chronic obstructive pulmonary disease by blocking off the diseased area of the […]
Senseonics touts long-term safety data on home-use Eversense
Senseonics (NYSE:SENS) yesterday touted real-world data it said demonstrated the safety and lack of adverse events with its Eversense continuous glucose monitoring system for people with diabetes. Eversense is a long-term, implantable GCM sensor with a transmitter that sends discreet vibrations to alert users of low or high glucose. The device can be removed, recharged and […]
Bone Solutions, Onkos ink private label deal
Bone Solutions said today that it entered into a private label licensing agreement with Onkos Surgical for its OsteoCrete bone void-filling technology. Colleyville, Texas-based BSI’s OsteoCrete is an FDA 510(k)-cleared magnesium-based injectable, moldable solution designed to attaching ligaments and tendons to bone and bone to bone. Parsippany, N.J.-based Onkos Surgical intends to market OsteoCrete under the […]
Surmodics reaps $10m from Abbott on SurVeil balloon milestone
Surmodics (NSDQ:SRDX) said today that it’s due for a $10 million milestone payment from Abbott (NYSE:ABT) after closing enrollment for the Transcend pivotal trial of its SurVeil drug-coated balloon for treating peripheral artery disease. Abbott in February 2018 paid $25 million up front for the global commercialization rights to the SurVeil device, which uses a proprietary […]
Ozop Surgical jumps on Spinal Resources distribution deal
Ozop Surgical (OTC:OZSC) shares got a bump today after the company announced an exclusive licensing deal for implants made by Spinal Resources. West Palm Beach, Fla.-based Ozop specializes in surgical devices for minimally invasive spinal surgery. The company plans to purchase all existing inventory of SRI instruments and implants and use the Fort Lauderdale, Fla.-based […]