NxStage Medical (NSDQ:NXTM) today released the results from a study of its Nx2me connected health remote patient management system for patients using home hemodialysis, touting a 29% reduction in technique failure of conversion to in-center hemodialysis by 29%. Results from the study were published in the journal Hemodialysis International, the Lawrence, Mass.-based company said. Data came from […]
Blood Management
Blood diag dev LightIntegra Tech raises $4m
Medical device developer LightIntegra Technology said last Friday it raised $3.5 million in financing from its existing shareholder base to support its blood diagnostic tech development. The Vancouver-based company is developing diagnostics looking to reduce blood transfusions in cancer patients and minimize platelet refractoriness. LightIntegra’s flagship device is the ThromboLUX, which identifies non-activated platelet products […]
GE Healthcare launches Drawbridge Health blood collection biz
GE Healthcare (NYSE:GE) today launched Drawbridge Health, a new blood collection business looking to develop technology designed to integrate draw, collection and sample stabilization into a single device. The under-development technology is being designed to support room temperature shipping and streamlined downstream processing, which the company said will ensure more reliable, accurate results, GE said. Drawbridge is […]
GE, Golden Meditech ink cord blood storage deal
GE Healthcare (NYSE:GE) and Golden Meditech said this week they inked a strategic collaboration deal to provide GE’s integrated and automated digital systems and solutions to Golden Meditech for use in its umbilical cord blood cryopreservation processes. Hong Kong-based Golden Meditech said that umbilical cord blood contains rich hematopoietic stem cells which could facilitate reconstruction of […]
Haemonetics to cut 11% of workforce
Haemonetics (NYSE:HAE) said today that it plans to cut roughly 11% of its global workforce as it looks to pare $80 million from its annual cash burn by the end of fiscal 2020. The Braintree, Mass.-based blood management company said it plans to eliminate 350 positions by the end of its fiscal year in April. The company reported […]
Baxter touts minimal albumin loss in Theranova HDx therapy studies
Baxter (NYSE:BAX) today released data from a study of expanded hemodialysis using its Theranova dialyzer, touting that the device was shown to successfully remove mid-sized uremic toxins from the body with minimal albumin loss. Results from the study were presented at the American Society of Nephrology’s annual Kidney Week Congress, the company said. The Deerfield, Ill.-based […]
HeartFlow wins CMS new tech payment classification for FFRct analysis
HeartFlow said today that the Centers for Medicare & Medicaid Services finalized a new technology ambulatory payment classification for its HeartFlow FFRct analysis designed to help diagnose suspected coronary artery disease. Under the newly finalized payment decision, Medicare-enrolled hospitals will be eligible for reimbursements of $1,450.50 for each technical component of the FFRct analysis. The new […]
The 11 most innovative medical devices of 2017
The nominees for the best medical technology of 2017 were recently announced for the 11th Annual Prix Galien USA Awards. The Galien Foundation, the host of the awards, hands out the the Prix Galien Award annually to examples of outstanding biomedical and technology product achievement designed to improve human condition. Before candidates can qualify for […]
These 7 antique medical devices will make you shudder
It’s a good thing we live in the times of modern medicine. Historically, medical devices have been scary and unorthodox – and sometimes amounted to downright quackery. Surprisingly, a lot of these devices were thought to be useful in their era, long before the U.S. FDA started preapproving devices (which wasn’t until the 1970s). You […]
7 medtech stories we missed this week: Oct. 6, 2017
From Intellijoint’s CE Mark to Patrona Medical and Kopis’ new partnership, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. Intellijoint CE Mark for flagship hip navigation Intellijoint surgical announced in an Oct. 4 press release that it has received CE Mark for its Intellijoint HIP System in […]
Z-Medica wins investment from PE firm, looks to expand QuikClot access
Hemostatic device developer Z-Medica this week received a majority investment from private equity firm Linden Capital Partners as the company looks to continue expanding the availability of its QuikClot hemostatic products. The investment places Linden Capital alongside current shareholders DW Healthcare Partners, who invested in the company in 2012, according to a statement from CEO Stephen Fanning. […]