Rennova Health (NSDQ:RNVA) said today that it will effect a 1:15 reverse stock split of its outstanding common stock on Oct. 5. The top level chiropractic care said it expects that the reverse split will help it meet the $1.00 minimum bid price requirement for the Nasdaq market. Based on the number of shares currently outstanding, […]
Diagnostics
Siemens Healthineers lands CE Mark for Atellica advanced diagnostics system
Siemens Healthineers (NYSE:SI) said today that its Atellica Solution won CE Mark and that the advanced diagnostic system is now available in Europe, the U.S., South America and Asia. The system consists of scalable immunoassay and chemistry analyzers, the company said, and can operate as a stand-alone system or connect to Aptio Automation. Get the full […]
Boston Scientific launches MRI-safe Resonate devices with HeartLogic diagnostic in U.S.
Boston Scientific (NYSE:BSX) launched today its Resonate implantable cardioverter defibrillator and cardiac resynchronization therapy defibrillator systems with the HeartLogic heart failure diagnostic tool. The devices are approved by the FDA for conditional use in an MRI environment, the company reported. Boston Scientific’s HeartLogic diagnostic warns doctors of worsening heart failure, collecting data from sensors monitoring heart […]
7 medtech stories we missed this week: Sept. 22, 2017
From the FDA’s clearance of Covalon’s film-drape to Bioventus launching its study, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. FDA clears Covalon’s MediClear OTC surgical film-drape Covalon announced in a Sept. 21 press release that the FDA has cleared its MediClear PreOp to market in U.S. hospitals, […]
T2 Biosystems prices $18m offering
T2 Biosystems Inc. (NSDQ:TTOO) last week priced a public offering looking to raise $17.5 million. The Lexington, Mass.-based company said it is offering 4.4 million shares of its common stock at $4 per share with a 30-day underwriters option to purchase an additional 656,250 shares at the same price. T2 Biosystems said it expects the offering […]
Masimo wins FDA nod for Rad-97 pulse oximeter, launches in US
Masimo (NSDQ:MASI) said today it won FDA 510(k) clearance for its Rad-97 pulse co-oximeter and launched the device in the US. The Irvine, Calif.-based company said the newly released Rad-97 features NomoLine capnography and noninvasive blood pressure monitoring technology from SunTech Medical, as well as its own continuous monitoring and SET pulse oximetry with upgradable rainbow tech. […]
Another extension for Abbott’s tender for Alere
Abbott (NYSE:ABT) today announced yet another extension of its tender offer for all outstanding Alere (NYSE:ALR) Series B convertible perpetual preferred shares at $402 per share, pushing the deadline from Sept. 15. to near the end of the month. As part of the offering, Abbott said it will also pay for unpaid dividends to the settlement date of […]
Arkray launches diabetes diagnostic tech
Arkray‘s U.S. subsidiary launched today its Adams A1c HA-8180V system for hemoglobin A1c testing. The device is indicated to help diagnose and monitor people with diabetes, the Edina, Minn.-based company reported. Get the full story at our sister site, Drug Delivery Business News.
7 medtech stories we missed this week: Sept. 15, 2017
From Acera Surgical and Telos Medical’s partnership to Xtant Medical’s 510(k) clearance, here are seven medtech stories we missed this week but thought were still worth a mention. 1. Acera Surgical partners with Telos Medical for Restrata wound matrix trial Telos Partners announced in a Sept. 14 press release that Acera Surgical has chosen Telos to […]
CEO Cook says healthcare is “big area for Apple’s future”
Despite lacking new health-related innovations on its most recent iPhone 8 and iPhone X release announcement, Apple (NSDQ:AAPL) is still focused on the healthcare industry, CEO Tim Cook told Fortune magazine. The tech giant has recently made strides towards making its iPhone devices healthcare-connected central depositories, announcing in June it would team with Health Gorilla to […]
This smart mat can predict the onset of foot ulcers
A Massachusetts Institute of Technology hackathon participant developed a smart mat that helps detect early warning signs of foot ulcers. Jon Bloom, co-founder of startup company Podimetrics, developed a mat that can detect foot ulcers before they happen and reduce the number of amputations occurring. Bloom completed his residency in anesthesiology at Massachusetts General Hospital in […]