BioDirection said today it raised $2 million in interim financing to support the clinical development of its Tbit point-of-care blood test for concussion diagnosis. The round was joined by Provident Healthcare Capital, MedScience Ventures and others, the Boston-based company said. The financing round brings the total raised for the company up to approximately $12 million. […]
Diagnostics
AliveCor raises $30m
AliveCor has raised $30.1 million in a new round of equity financing, according to an SEC filing posted this week. The Mountain View, Calif.-based company produces the Kardia mobile platform, which includes smartphone apps and accessories to allow for the monitoring of multiple vital signals. AliveCor’s monitoring app can record 5 vital statistics, the company […]
Alere gains on judge’s dissent in different case
Shares in Alere (NYSE:ALR) closed up more than 3% last week as investors reportedly reacted to a Delaware state judge’s dissent in an unrelated case. Investors in the diagnostics giant, which is fighting an attempt by Abbott (NYSE:ABT) to spike their $6 billion merger, viewed a dissenting opinion in a case involving a different deal as a good sign. In that […]
Failure to thrive: Lessons learned from medtech innovations that missed the mark
Some of the medical device industry’s most heralded disruptors wound up being its biggest failures. Here’s what we can learn from their mistakes. Fink Densford, Associate Editor No one in medtech sets out to fail. No one invests in building a device believing that, despite years of research and development, it won’t make the cut. […]
HeartFlow, Siemens Healthineers ink CAD diagnostic dev deal
Siemens (NYSE:SI) Healthineers and HeartFlow said yesterday they inked a global collaborative deal to develop a solution for diagnosing and managing patients with suspected coronary artery disease. The collaborative deal will join CT Scanners from Siemens Healthineers with HeartFlow’s FFRct Analysis fractional flow reserve software to create personalized 3D models of each patients’ arteries while computer […]
Stealthy AI-assisted imaging tech dev Imagen raises $14m
Stealthy artificial intelligence-based medical imaging diagnostic group Imagen Technologies raised $14.3 million in a new round of equity financing, according to an SEC filing posted this week. The New York-based company is developing AI-based software designed to reduce diagnostic errors by detecting clinically-meaningful pathologies within the images it scans, according to the company’s LinkedIn page. […]
BodyCap wins CE Mark for e-Celsius ingestible temp sensor
Miniaturized wireless medical diagnostic device dev BodyCap said today it won CE Mark approval for its e-Celsius device, designed to allow for continuous measurement of a patient’s central temperature by gastroinstestinal tract. The French company’s e-Celsius device features a disposable electronic capsule coated in a biocompatible medical grade plastic which follows the intestinal transit upon being […]
Masimo touts study of SpHb monitoring tech
Masimo (NSDQ:MASI) today released results from a study which compared the company’s noninvasive SpHb measurement to conventional laboratory HbL measurements for patients undergoing liver transplantation, touting equivalence between the 2 methods. Researchers in the study reported that Masimo’s SpHb monitoring had “clinically acceptable accuracy of hemoglobin measurement [compared] with a standard laboratory device when used during […]
Cerveau Technologies, Wisconsin Alzheimer’s Center ink research deal
Cerveau Technologies said today that it landed a clinical research agreement with the University of Wisconsin-Madison Alzheimer’s Research Center to study an early stage imaging agent with positron emission tomography scans to assess the statusand progression of neurofibrillary tangles in the brain. Neurofibrillary tangles composed of tau protein are characteristic of certain neurodegenerative diseases, such […]
DNA motors could power molecular machines for drug delivery
Researchers from the University of Alberta have developed nanomachines powered by synthetic DNA motors to improve disease detection and drug delivery. The team’s work was published this week in Nature Communications. The scientists developed the nanomachine using compartments composed of DNA enzyme molecules and substrates. “This nanomachine has the required fuels, DNA tracks, and a molecular switch,” […]
9 cardiology breakthroughs you need to know
Cardiology breakthroughs couldn’t come soon enough because heart disease is the No. 1 killer of men and women in the U.S. About 610,000 Americans die of heart disease per year, and an additional 735,000 Americans suffer from a heart attack. The statistics terrify. About 610,000 Americans die of heart disease per year, and an additional […]