Cardinal Health shares rise on FY2019 Q2 earnings beat

From Medical Design & Outsourcing

• FDA clears Safe Medical Design’s urethral catheter
  Safe Medical Design (San Francisco) said that FDA has cleared its Signal Catheter for commercialization in the United States. The 100% silicone foley catheter features a novel hub design allowing the catheter to reduce excessive balloon pressure in the event the catheter is improperly placed. Each year in the United States there are as many as 500,000… […]
• These medtech companies raised the most VC in 2018
  Venture capital firms invested more than $2.9 billion in medical device companies in 2018 — a slight increase from the $2.8 billion raised in 2017, according to a MoneyTree report from PricewaterhouseCoopers (PwC) and CB Insights. Both the first and second quarters of 2018 saw an increase in investments, totaling nearly $778 million and $786 million… […]
• ODU touts Medi-Snap Advanced plastic circular connector for medical applications
  ODU (Camarillo, Calif.) recently announced that it is introducing its Medi-Snap Advanced plastic circular connector to the North American market. ODU describes the Medi-Snap as lightweight and cost-efficient. It’s a plastic circular connector with high chemical resistance ideal for medical, industrial and test and measurement applications, according to the company. The autoclavable connector is IEC 60601-1 compliant and… […]
• Regulatory software company Complion raises $7M
  Complion (Cleveland) — a maker of regulatory software for clinical research sites — recently announced that it has raised $7 million in its latest funding round. Beringea led the Series B round, the company announced on Feb. 12. The round ended up being oversubscribed, thanks to interest from existing investors including the Ohio Innovation Fund, JumpStart… […]
• These new titanium strip grades could enable better neuromodulation devices
  Officials at Ametek Specialty Metal Products (Collegeville, Pa.) think their new titanium strip grades for medical applications could enable more innovation in the fast-growing neuromodulation device sector. Ametek’s Hamilton Precision Metals and SMP Wallingford businesses have proprietary production processes for the new titanium grades — grades 9 and 23. They manufacture thin strips of the titanium through cold… […]
• CoorsTek Bioceramics touts composite ceramic material
  CoorsTek Bioceramics officials think testing and clinical feedback since 2011 has shown their CeraSurf-p alumina matrix composite ceramic material to be a state-of-the-art ceramic bearing material for total hip arthroplasty. CoorsTek’s CeraSurf-p is an implant grade alumina matrix composite ceramic material that falls under the ISO 6474-2 Type X (extra high strength) material standard. The proprietary material… […]
• Life Spine launches sacroiliac screw study
  Life Spine (Huntley, Ill.) said it has begun a study of sacroiliac joint fixation outcomes using its SImpact screw. SImpact is a cannulated and fenestrated screw, intended for sacroiliac joint fusion for conditions including sacroiliac joint disruptions and degenerative sacroiliitis through a lateral approach. It incorporates the proprietary surface technology Osseo-Loc, and is available in… […]
• Olympus named 2019 Edison Awards finalist
  Olympus recently announced that its EndoEye Flex 3D and its FlexDex Needle Driver have been named a finalist in this year’s Edison Awards. The Edison Awards recognize innovation, creativity and ingenuity in today’s global economy. “Olympus is creating value by offering a cost alternative to robotic surgery through its innovative combination of EndoEye Flex 3D… […]
• Tegra Medical appoints new general manager
  Tegra Medical has appointed Hal Blenkhorn as its general manager at Tegra’s Franklin, Mass. location. Blenkhorn will report to president and CEO J. Mark King and will be responsible for its local management team and plant operations. He originally joined the company in 2006 as a manufacturing engineer and was later promoted to manufacturing engineering director… […]
• FDA approves BD’s arteriovenous fistula system
  Becton Dickinson & Co. (NYSE:BDX) said that FDA has cleared its WavelinQ 4 French (4F) endovascular arteriovenous fistula (endoAVF) system for people with end-stage renal disease (ESRD). The 4F endoAVF will allow for the creation of a  fistula in either the ulnar artery and ulnar vein or the radial artery and radial vein, providing a minimally… […]
• How facial skin wounds could be healed with 3D-bioprinted masks
  Scientists at Wake Forest Institute for Regenerative Medicine (WFIRM) have created a 3D-bioprinted BioMask that could treat facial wounds or burns with tissue regenerated from the mask. The BioMask was developed using a customized, bioengineered skin substitute in combination with a wound dressing layer that can snugly fit onto a facial wound to regenerate skin,… […]