Titan Medical (Nasdaq:TMDI) announced today that it received an additional 180 days to regain compliance with the Nasdaq market. According to a news release, the Listing Qualifications Staff of The Nasdaq Stock Market notified the company that it received 180 extra calendar days — running through Dec. 26, 2022 — to evidence compliance with the […]
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Blackrock Neurotech and Pitt work on first at-home BCI system for remote trials
Blackrock Neurotech and the University of Pittsburgh’s Rehab Neural Engineering Labs (Pitt RNEL) are working together on the first portable brain-computer interface (BCI) to allow patients to participate in research trials from home. A Blackrock representative said it’s the final step as the company prepares to launch its first commercial product early next year. Salt Lake […]
How medical device companies are responding to abortion bans
Days after the U.S. Supreme Court’s decision to overturn Roe v. Wade’s protection of abortion rights, medical device companies are among those reassuring workers about healthcare access. Corporate communications to employees and the public at large come as trigger laws in nearly half of the states outlaw abortion immediately. Some medtech companies are not using […]
Clarius partners with ImaCor on handheld hemodynamic ultrasound tech
Clarius Mobile Health announced today that it partnered with ImaCor to make available a handheld transesophageal echocardiography (TEE) system. According to a news release, the partnership will enable the availability of the world’s first handheld TEE system designed to manage and guide care for critically ill patients in the intensive care unit (ICU). ImaCor designed […]
Withings appoints Elizabeth Coleon as chief marketing officer
Withings this week announced that it has appointed Elizabeth Coleon as chief marketing officer. Coleon will lead the Issy-les-Moulineaux, France-based connected health company’s marketing team to grow its consumer devices and health solutions divisions. Withings makes a number of connected health devices such as blood pressure monitors, smartwatches and sleep trackers. “The last few years […]
Visby Medical raises $135M in expanded Series E
Visby Medical announced today that it added $35 million to an expanded, oversubscribed Series E financing round. San Jose, California–based Visby plans to use the additional investment, which brings its Series E to $135 million in total, to scale production capacity, expand its product menu to include respiratory health tests and anti-microbial resistance panels and […]
Boston Scientific to build new plant outside Atlanta
Boston Scientific (NYSE:BSX) will build a new manufacturing and supply chain facility in the Atlanta suburb of Johns Creek, Georgia Gov. Brian Kemp announced today. Kemp’s office said the $62.5 million investment will bring roughly 340 new jobs to the Peach State over the next seven years. “As home to some of the leading universities […]
NovaXS unveils prototype for smart, needle-free drug delivery device
NovaXS Biotech announced that it unveiled the new prototype for its needle-free injection therapy smart medical device. Formed at the University of California, Berkeley, NovaXS designed its patent-pending Telosis technology to administer a narrow stream of medication without a needle in 0.3 seconds and to analyze injection data to allow for smarter health decisions. Get […]
ResMed names Lucile Blaise as new Sleep & Respiratory Care leader
Lucile Blaise will be the new president of ResMed’s Sleep & Respiratory Care business starting July 1, ResMed (NYSE: RMD) said today. She replaces Jim Hollingshead, who became president and CEO of Insulet (Nasdaq:PODD) on June 1. ResMed President and COO Rob Douglas is serving as interim president of the Sleep & Respiratory Care during […]
Cardinal Health starts Zipline drone deliveries of drugs and medical supplies
Cardinal Health (NYSE: CAH) today started air delivery of pharmaceutical products and medical supplies via Zipline drone in North Carolina. San Francisco-based Zipline won FAA Part 135 air carrier certification for the long-range flights earlier this month. The company flew its first commercial deliveries on June 22 with an initial 16-nautical-mile flight. The flights starting today […]
Advanced NanoTherapies closes $7.2M Series A for drug-coated balloon
Advanced NanoTherapies announced today that it closed an oversubscribed Series A equity financing round. Los Gatos, California-based Advanced NanoTherapies, which develops the SirPlux Duo drug-coated balloon (DCB) for treating de novo coronary artery disease (CAD) lesions, has now raised $12.5 million in total since September 2020. Get the full story at our sister site, Drug […]
