Acutus Medical and Innovative Health this week announced a partnership that will combine the companies’ portfolios of electrophysiology products. The companies plan to work together to gain clearances, market products and rein in per-procedure costs while using hospital money for emerging technologies, according to a news release. Recognizing the constraints that hospitals and health systems […]
Penumbra launches trial for Indigo blood clot aspiration device
Penumbra (NYSE:PEN) said today that it enrolled the first patient into its Cheetah study of the Indigo aspiration device. The Alameda, Calif.-based company said the Cheetah trial is slated to enroll up to 400 patients with coronary thrombus who are referred for percutaneous coronary intervention. The study’s primary endpoint is a composition of cardiovascular death, recurrent […]
BD to shutter Minnesota Lutonix plant, layoffs ahead for 53
Becton Dickinson (NYSE:BDX) is planning to close a Minnesota plant that makes its Lutonix drug-coated balloon next year, as the company looks to consolidate its peripheral intervention business. The decision means layoffs for 53 of the New Hope, Minn., site’s 85 workers; the remaining 32 employees will either move to roles at BD’s Tempe, Ariz., location […]
Medtronic recalls 6 French Sherpa NX active guide catheters
Medtronic (NYSE:MDT) said today that it recalled all models of its 6 French Sherpa NX active guide catheters due to a material problem that could result in exposed wires. The Fridley, Minn.-based company said the devices were recalled because of a risk of the outer material of the catheter separating from the device, resulting in detached […]
4C Medical pulls in $8m
4C Medical Technologies secured more than $8 million in an equity offering it hopes will reach the $20 million mark. The Maple Grove, Minn.-based company raised nearly $8.2 million in the offering, with $11.8 million remaining to be sold, according to an SEC Form D filed today. Forty-five unnamed investors have contributed to the offering. […]
Ra Medical recalls Dabra laser catheters
Ra Medical Systems (NYSE:RMED) last week began a voluntary recall of its Dabra laser system single-use catheters due to a calibration problem. The Dabra laser system has experienced inconsistent performance because of catheters that fail to calibrate before procedures, which can result in a temporary delay, according to an SEC filing. Ra Medical’s review of the […]
Ex-BD engineer accused of stealing trade secrets
A former BD R&D engineer is scheduled to go on trial in Salt Lake City on January 6, 2020, accused of stealing trade secrets in order to compete with the company. The U.S. Attorney’s office in Utah’s central district indicted Minh Quang Hoang in May 2018 on 11 counts of stealing trade secrets related to […]
Access Vascular raises $6m for HydroPICC device
Access Vascular said today that it raised $6 million from new and existing investors for the HyrdoPICC device it developed, earmarking the proceeds for the launch of. HydroPICC, a peripherally inserted central catheter, is made of a proprietary material that’s designed to inhibit the formation of blood clots. It won 510(k) clearance from the FDA […]
Cardiovascular Systems wins FDA approval for ViperWire Advance atherectomy guidewire
Cardiovascular Systems (NSDQ:CSII) said today that it won pre-market approval from the FDA for a new ViperWire Advance coronary guidewire for orbital atherectomies using its Diamondback 360 device. The new guidewire features a floppy, shapeable tip designed to navigate complex anatomies and reduce wire bias, the St. Paul, Minn.-based company said. “We remain committed to expanding […]
Baylis Medical touts first MitraClip procedure with VersaCross catheter
Baylis Medical said today that it successfully completed the first Abbott (NYSE:ABT) MitraClip procedure with Baylis’ VersaCross transseptal solution catheter. VersaCross is a left-heart access device designed with an atraumatic radio frequency-tipped pigtail wire to achieve access and then serve as an exchange wire, reducing the number of exchanges throughout the procedure. The MitraClip is designed […]
Access Vascular logs GPO win with Premier contract
Access Vascular said today that it won a group purchasing agreement for a breakthrough technology with Premier for the HydroPICC peripherally inserted central catheter. Bedford, Mass.-based Access Vascular’s HydroPICC is indicated for reduced thrombus accumulation. The catheter body is composed of biocompatible biomaterial, instead of the standard polyurethane as the material for the body. The […]
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