Boston Scientific (NYSE:BSX) said today it launched its LithoVue Empower retrieval deployment device designed to be used with the LithoVue single-use digital flexible ureteroscope during ureteroscopic kidney stone retrieval procedures. The Marlborough, Mass.-based company said that the LithoVue Empower is intended to turn a two-person stone basketing procedure into a single-person procedure, allowing urologists to operate a […]
BioSig to uplist to NASDAQ exchange
BioSig Technologies (OTCQB: BSGM) said this week it plans to uplist onto the Nasdaq Capital Market, beginning today. The Santa Monica, Calif.-based company said that the uplisting follows its receipt of FDA 510(k) clearance for its Pure EP electrophysiology system. BioSig said that the PureEP system is designed for acquiring, digitizing, amplifying, filtering, measuring and calculating, displaying, […]
What you should know about today’s top trends in medtech
Medtech’s hottest topics in M&A, intellectual property, finance and regulation will be on the agenda at DeviceTalks Boston Oct. 8-11. Patent attorney David Dykeman from the Boston office of the global law firm Greenberg Traurig will moderate the Oct. 9 hot topics panel in which the discussion will center around: · M&A trends from the perspective of […]
How strong patent portfolios attract strategic investments and deals
Amassing strong patent portfolios helps medical device companies attract interest from strategic investors and potential acquirers. David J. Dykeman, Greenberg Traurig and Patrick West, Mirus Capital Advisors The medical device industry has demonstrated strong and sustainable growth in recent years. Given the aging population, increasing incidence of chronic and lifestyle diseases, emergence of artificial intelligence (AI) […]
Si-Bone registers for $98m IPO
Si-Bone yesterday registered for an initial public offering, looking to bring in approximately $97.8 million, according to an SEC filing. The Santa Clara, Calif.-based company said that it plans to list on the Nasdaq Global Market under the ticker symbol “SIBN.” Morgan Stanley and BofA Merrill Lynch are acting as joint book-running managers for the IPO, […]
Covalon to acquire Cenorin’s AquaGuard for $12m
Covalon Technologies said today it inked a definitive agreement to acquire Cenorin’s AquaGuard division in a deal worth approximately $12.4 million (CAD $16.1 million). AquaGuard develops products intended to provide patients with moisture protection for wound, surgical and vascular access sites during showers, Ontario-based Covalon said. Current AquaGuard CEO Gerry Arambula and existing leadership at the […]
Alydia Health raises $10m in Series B
Alydia Health, formerly known as InPress Technologies, said today it closed a $10 million Series B financing round to help support its technology platform designed to prevent maternal morbidity and mortality caused by postpartum hemorrhage. The round was led by the Global Health Investment Fund and joined by Astia Angles and other existing investors. As […]
NucleusHealth wins investment from large Ohio health system
Cloud-based medical image exchange company NucleusHealth has landed an undisclosed “strategic investment” from Mercy Health, an Ohio–based health care system that is now a minority investor in the San Diego, Calif.-based company. NucleusHealth will use the money to help deliver Nucleus.io, the first cloud-based Picture Archiving Communications System (PACS) platform designed to use the security, scalability and cost efficiencies of […]
Report: Google’s Nest looking to expand into healthcare
Connected home device maker Nest, which was bought by Google (NSDQ:GOOG) in 2014 for $3.2 billion, acquired smartphone-based health monitoring system developer Senosis Health last year in a hush-hush deal that may mark the business’ first steps towards an entry into the healthcare market, according to a GeekWire report. When the deal was initially reported last […]
Intuitive Surgical taps InTouch Health to develop platform-connected IoT
Telehealth developer InTouch Health said today it inked a multi-year licensing service agreement with Intuitive Surgical (NSDQ:ISRG) to deepen the robotic surgery giant’s Internet of Medical Things network connecting its da Vinci systems. Santa Barbara-based InTouch Health said that its proprietary IoMT network is intended to allow healthcare companies to connect their surgical systems globally to allow for real-time […]
Former CMS admin Slavitt’s Town Hall Fund closes $115m healthcare fund
Town Hall Ventures, a healthcare-focused investment firm co-founded by former Centers for Medicare and Medicaid Services head Andy Slavitt, said today that it closed its first fund at $115 million. The investment firm, which was formed in May, said that the $115 million it raised exceeded its target size by more than 50%. The firm […]
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