Asahi Kasei (TYO:3407) subsidiary Zoll Medical this month issued a field advisory for its AED Pro automated external defibrillator after receiving a report that a unit failed during use. Chelmsford, Mass.-based Zoll said its investigation traced the problem to an “isolation breakdown” on an area of the AED Pro’s internal circuit board. “If the isolation breakdown […]
Medtronic put up $316m for Epix Therapeutics
Medtronic (NYSE:MDT) put a total of $316 million on the table to acquire Epix Therapeutics, including a $100 million earn-out. The Fridley, Minn.-based company, which is the world’s largest pure-play medical device maker, in January announced the deal for Epix, formerly known as Advanced Cardiac Therapeutics, without revealing further terms. In a regulatory filing last week, […]
JenaValve adds $15m for TAVR device
JenaValve Technology said yesterday that it raised nearly $15 million for the transcatheter aortic valve replacement it’s developing. The Irvine, Calif.-based company makes the the Everdur valve and Coronatix delivery catheter to treat aortic stenosis and aortic regurgitation. In a regulatory filing, JenaValve said it pulled in $14.5 million in an equity round that began […]
Acutus Medical reels in $170m
Acutus Medical said today that it pulled down $170 million in financing from its Series D offering and a new credit line for the cardiac mapping technology it developed. In addition to its AcQMap tech to aid in ablation treatment of arrhythmias, Carlsbad, Calif.-based Acutus makes a line of vascular access products. It’s latest financing […]
Philips wins PMAs for OTC automated external defibs
Royal Philips (NYSE:PHG) said today the it won pre-market approval from the FDA for a pair of its automated external defibrillators, more than four years after the federal safety watchdog said it would require PMAs for AEDs that had already won 510(k) clearance. The Dutch healthcare conglomerate said the FDA granted PMAs for its already-cleared […]
Survey: Few adults know signs of heart failure
Only one in five adults can accurately recognize the signs and symptoms of heart failure, according to a new survey commissioned by Abbott (NYSE:ABT). The survey of more than 3,000 Americans revealed a significant gap in awareness of what heart failure is and an understanding of how the disease can be managed. More than six […]
Zoll acquires TherOx
Zoll Medical said today that it acquired TherOx and its acute myocardial infarction treatment. TherOx’s SuperSaturated Oxygen Therapy system delivers a 60-minute infusion of the patient’s super-oxygenated blood to a targeted ischemic area of the heart via a small catheter. The treatment is designed to improve microvascular flow and reduce infarct size following primary coronary […]
Edwards Lifesciences warns on risk of IntraClude balloon bursting
Edwards Lifesciences (NYSE:EW) issued a field safety notice warning users that its IntraClude balloon could burst during cardiopulmonary bypass. The high-risk balloon burst could cause injury, according to the company. When the balloon bursts, the heart can fill and warm and obscure the operative site. Edwards Lifesciences says the device needs to be exchanged or operate […]
50 medtech startups you need to know
Medical device industry accelerator MedTech Innovator today announced about 50 medtech startups participating in its annual four-month program. Half are early-stage companies participating in MedTech Innovator’s Accelerator and Showcase program, and the other half are mid-stage companies in the organization’s Showcase program. The list of companies is a who’s who of people around the world […]
HeartFlow adds another $65m
HeartFlow added another $65 million to its coffers for the heart function analysis it developed. Redwood City, Calif.-based HeartFlow, which developed the FFRct fractional flow reserve analysis, said it hopes to raise another $35 million in the equity round. Nine unnamed investors participated, with the first sale occurring June 11,HeartFlow said in a regulatory filing. […]
FDA clears CorMatrix Cardiovascular’s Cor heart tissue patch
CorMatrix Cardiovascular said it received FDA 510(k) clearance for its Cor Patch epicardial patch. The Cor Patch epicardial patch is designed to repair the atria and the left and right ventricular walls of the heart that are thin or damaged as a result of myocardial infarct. “We have a unique opportunity to enhance the repair […]
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