Innovative Cardiovascular Solutions raised $3.1 million in a new round of equity financing, according to an SEC filing posted this week. The Kalamazoo, Mich.-based company is developing the Emblok system, an embolic protection device designed for full circumferential aortic collection while protecting the cerebral, abdominal and peripheral vasculature from embolic debris. The system includes an […]
Blood Management
Magnolia Medical raises $7m to support Steripath system
Magnolia Medical Technologies said today it raised $7.3 million in a new round of funding to support its Steripath blood collection system. The SteriPath vacuum-assisted blood collection system is designed to divert and sequester contaminants from the initial blood sample specimen to eliminate “false positive” blood culture test results from patients with suspected sepsis, the […]
Sentien raises $12m Series A for drug-device combo for acute kidney injury
Sentien Biotechnologies said today that it closed a $12 million Series A financing round, co-led by Boehringer-Ingelheim Venture Fund USA, Inc. and BioInnovation Capital. Chiesi Ventures, MBL Venture Capital Co. and Mass Medical Angels also contributed to the round. The Cambridge, Mass.-based company said it plans to use the funds for initial clinical development of […]
Baxter launches next-gen Floseal, Tisseel hemostatic agents
Baxter (NYSE:BAX) today launched next-gen versions of its Floseal and Tisseel hemostatic products, with improved applicability and designs. The Deerfield, Ill.-based company launched the Floseal full sterile preparation system, designed to be prepared by a single person with fewer steps than previous versions. The newly launched hemostatic has the same clearances as prior versions, the company […]
Report: Theranos trades extra shares for vows not to sue
Theranos is looking to avoid lawsuits from investors by offering them additional shares if they promise not to sue the company, according to a Wall Street Journal report. Shares to be offered will come from CEO Elizabeth Holmes personal stake in the company, which may cause the founder to lose a majority ownership in the blood-testing […]
Baxter touts cost savings of Floseal in economic analysis studies
Baxter (NYSE:BAX) this week touted the publication of 2 health economic analyses of its Floseal hemostatic matrix, touting it as a cost-saving solution for hospitals to control bleeding during cardiac and spinal surgeries. Data in the studies came from previously published retrospective studies of a large US hospital billing database, according to Baxter. Results were published recently […]
Abiomed touts reduced acute kidney risk in Impella-supported PCI study
Abiomed (NSDQ:ABMD) today released data from a study which utilized its Impella 2.5 heart pump for hemodynamic support during high-risk percutaneous coronary interventions, touting reduced risk of acute kidney injury in patients with preexisting kidney disease and low ejection fraction. Data from the study were recently published in the journal Circulation Research, the Danvers, Mass.-based […]
Masimo touts study of SpHb monitoring tech
Masimo (NSDQ:MASI) today released results from a study which compared the company’s noninvasive SpHb measurement to conventional laboratory HbL measurements for patients undergoing liver transplantation, touting equivalence between the 2 methods. Researchers in the study reported that Masimo’s SpHb monitoring had “clinically acceptable accuracy of hemoglobin measurement [compared] with a standard laboratory device when used during […]
Velano Vascular raises $17m for needle-free blood draw device
Velano Vascular said today that it raised $17 million from new and existing investors for its Pivo needle-free blood draw device. The San Francisco, Calif.-based company said its Pivo device is a single-use disposable product designed to collect blood from indwelling peripheral IV lines, reducing the need for needle sticks and central line access for blood collection. […]
Nephros wins FDA nod for EndoPur endotoxin dialysis filter
Nephros (OTC:NEPH) said today it won FDA 510(k) clearance for its EndoPur 10″ endotoxin filter designed for dialysis systems. The River Edge, N.J.-based company said the newly cleared EndoPur 10″ filter is designed to produce hemodialysis quality water for dialysis systems, and fits into existing filter cartridge housings. Nephros touted the device as having the smallest […]
Blood test could accurately diagnose heart disease
A simple blood test could accurately diagnose heart disease in 2 hours, according to new data published by life science company Prevencio. Prevencio researchers and the Massachusetts General Hospital collaborated to develop a clinical and multi-protein blood test that could diagnose obstructions in coronary arteries, leading to the prevention of a heart attack. The blood test, known […]