Adaptiiv Medical Technologies said that the U.S. military will use its 3D bolus software to treat American veterans with cancer at Walter Reed National Military Medical Center. Adaptiiv designed its software to convert patient CT scan data into a digital model that can be used to print a bolus that conforms to patient anatomy, according to […]
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Second Sight raises $4m
Second Sight Medical (NSDQ:EYES) said today it raised approximately $4 million in a private placement deal with entities owned by board chair Gregg Williams. The Sylmar, Calif.-based company said that it floated approximately 2.5 million shares of stock at $1.62 per share, which was the last reported sale price of its stock on the effective date. “This […]
Flexion reports data from Phase II bilateral osteoarthritis trial
Flexion Therapeutics (NSDQ:FLXN) touted data today from a Phase II trial assessing the bilateral dosing of its extended-release triamcinolone acetonide injection in people with bilateral osteoarthritis. The study found that bilateral injections of Flexion’s Zilretta therapy resulted in lower plasma concentrations of triamcinolone acetonide compared to immediate-release triamcinolone acetonide in crystalline suspension (TAcs). The company also […]
Philips slides on Q3 misses
Royal Philips (NYSE:PHG) shares took hits in New York and London today after it reported lower-than-forecast sales and earnings figures. The Dutch healthcare conglomerate posted profits of €292 million, or €0.33 per share, on sales of €4.31 billion for the three months ended Sept. 30, for a -31.0% bottom-line slide on sales growth of 3.8% compared with Q3 […]
Feinstein researchers study what the body is telling the brain
A 2014 study showed that inflammation-causing proteins known as cytokines were present in the plasma of lupus patients up to several weeks before their disease flared up. Conversely, these Oklahoma researchers found that inflammation regulators are present during periods when the disease is stable. Now, researchers at The Feinstein Institute for Medical Research (Manhasset, N.Y.) are working […]
Earlens closes $87m offering
Earlens said today it closed an $87 million round of financing to help support continued development and a next-gen rollout of its hearing aid technology. The round was led by newly invested KCK Ltd., and joined by Exor Seets and previously invested Lightstone Ventures, CRG Partners, Windham Life Sciences Partners, Arch Healthcare, Relativity Health Fund, […]
Novocure touts Phase II pancreatic cancer pilot study
Novocure (NSDQ:NVCR) today touted the results of a Phase II pilot trial designed to test the feasibility, safety and efficacy of its Tumor Treating Fields therapy in patients with unresectable, advanced pancreatic cancer. The St. Helier, N.J.-based company’s Optune device uses electric fields, called Tumor Treating Fields, to disrupt cell division, inhibit tumor growth and trigger […]
Si-Bone closes $124m IPO
Si-Bone (NSDQ:SIBN) last week closed an initial public offering that brought in much more than anticipated for its iFuse sacroiliac implant. The Santa Clara, Calif.-based company priced the 7.2-million-share flotation at $15 per share, which at $108 million would have topped its initial range of about $90 million to nearly $104 million (which itself would have beaten […]
AcelRx shares fall as Sen. Markey calls on FDA to reject opioid painkiller
Shares in AcelRx (NSDQ:ACRX) fell last week after U.S. Sen. Ed Markey (D-Mass) called on the FDA to reject the drugmaker’s opioid painkiller, Dsuvia. The senator noted that the product, which is designed for use in medically-supervised settings, consists of sufentanil – an opioid that is up to 10 times as powerful as fentanyl. Get the full […]
RIP Medtronic co-founder Earl Bakken
Earl Bakken, who along with a brother-in-law founded what grew to become the world’s largest medical device company, Medtronic (NYSE:MDT), died Oct. 21 at age 94. Bakken and Palmer Hermundslie founded the Minneapolis-area company in 1949, working in an unheated boxcar behind the Hermundslie home. His first innovation was a battery-powered pacemaker designed using transistors that was […]
Olympus launches Endoeye Flex 3D, FlexDex needle driver in US
Olympus (TYO:7733) said yesterday it launched the Endoeye Flex 3D and FlexDex needle driver laparoscopic surgical tools in the U.S. The company said that it is the exclusive distributor for FlexDex in the US, and is combining the Endoeye Flex 3D tech with FlexDex’s wristed needle-driver to improve minimal access surgery procedures. The device can be used […]