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Endoscopic

Fractyl adds $55M Series E for Type 2 diabetes pivotal trial

August 9, 2020 By Tom Salemi

Fractyl Laboratories secured $55 million for a Series E financing to continue funding a pivotal clinical trial of its potential non-drug, non-surgical treatment for Type 2 diabetes, according to the company. The capital will go toward the Lexington, Mass-based start up’s Revita T2Di pivotal clinical trial of Revita DMR (duodenal mucosal resurfacing). Revita is measuring […]

Filed Under: Business/Financial News, Diabetes, Endoscopic, Featured, Funding Roundup Tagged With: Fractyl Laboratories

The 18 most innovative medical devices of 2020

July 24, 2020 By Danielle Kirsh

The Galien Foundation recently announced nominees for most innovative medical devices for its 14th Annual Prix Galien USA Awards. The foundation bestows the Prix Galien Award annually to examples of outstanding biomedical and technology products that are designed to improve the human condition. “As we celebrate 50 years of the Prix Galien process, we are honored […]

Filed Under: Cardiac Implants, Cardiovascular, Catheters, Endoscopic, Featured, Implants, Oncology, Pain Management, Patient Monitoring, Respiratory, Structural Heart, Vascular, Vision Tagged With: Abbott, BD, Biotronik, Boston Scientific, Edwards Lifesciences, endomag, Glaukos, Impulse Dynamics, Medtronic, Pear Therapeutics, Prix Galien USA, Pulmonx, Sonendo, Teva Pharmaceuticals

Stryker lands government contract for endoscopy business

July 21, 2020 By Nancy Crotti

Stryker (NYSE:SYK) has been awarded a Defense Logistics Agency contract for up to 10 years and $225 million for patient monitoring and capital equipment systems and accessories. Stryker’s San Jose, Calif.-based endoscopy business beat 51 other applicants for the contract, according to a U.S. Department of Defense announcement. The 5-year base contract has a 5-year option […]

Filed Under: Business/Financial News, Endoscopic, Featured, Wall Street Beat Tagged With: Stryker, U.S. Defense Logistics Agency

FDA clears Ambu single-use duodenoscope

July 17, 2020 By Chris Newmarker

Ambu announced today that FDA has cleared its aScope Duodeno — a sterile, single-use duodenoscope meant to avoid the deadly superbug outbreaks that cropped up around reusable versions of the scopes. Other companies — including Boston Scientific (NYSE:BSX),  Hoya’s (TYO:7741) Pentax subsidiary, and Olympus (TYO:7733) — have been releasing either fully disposable duodenoscopes or duodenoscopes with disporable endcaps […]

Filed Under: 510(k), Endoscopic, Featured, Food & Drug Administration (FDA), News Well, Regulatory/Compliance Tagged With: Ambu, duodenoscope

Endologix files for bankruptcy, will go private

July 6, 2020 By Nancy Crotti

Endologix (NSDQ:ELGX) announced today that it has filed for Chapter 11 bankruptcy protection and simultaneously agreed to be purchased by its largest creditor. That creditor, Deerfield Partners, will take the Irvine, Calif.-based abdominal aortic aneurysm (AAA) stent graft developer private. The bankruptcy filing and sale “provide the best path to address the financial challenges resulting from […]

Filed Under: Business/Financial News, Cardiovascular, Endoscopic, Featured, Stent Grafts, Vascular Tagged With: Endologix, FDA

Ambu, Fuel Medical ink partnership deal

July 2, 2020 By Sean Whooley

Ambu announced that it entered into a partnership with Fuel Medical Group to combine marketing and strategy with the latter’s endoscope technologies. Under the agreement, Columbia, Md.-based Ambu is set to offer Fuel Medical marketing, finance, digital strategy, development and recruiting services. In return, Camas, Wash.-based Fuel Medical will offer its single-use endoscopes, which include […]

Filed Under: Business/Financial News, Endoscopic, Research & Development Tagged With: Ambu

LeMaitre Vascular acquires Artegraft

June 23, 2020 By Sean Whooley

LeMaitre Vascular (NSDQ:LMAT) announced that it acquired the business and assets of Artegraft in a deal worth $90 million. Under the terms of the acquisition, LeMaitre will pay $72.5 million in cash at closing, with $65 million for Artegraft, plus $7.5 million in escrow to be released on Dec. 31, 2021. There is an additional $17.5 […]

Filed Under: Business/Financial News, Endoscopic, Mergers & Acquisitions, Stent Grafts, Vascular Tagged With: Artegraft, LeMaitre Vascular Inc.

3NT Medical lands FDA clearance for Colibri endoscopy system

June 2, 2020 By Sean Whooley

3NT Medical announced that it received FDA 510(k) clearance for its Colibri micro ENT single-use endoscope used for otology. In a news release, the Short Hills, N.J.-based company touted the Colibri scope as the world’s first single-use endoscope specifically designed for otology. It features a lightweight, ergonomic handpiece, a 2.2mm diameter tip and a built-in […]

Filed Under: 510(k), Endoscopic, Food & Drug Administration (FDA), Otolaryngology/Ear, Nose & Throat (ENT), Regulatory/Compliance Tagged With: 3NT Medical, FDA

Smart Medical wins FDA clearance for G-Eye colonoscope

May 27, 2020 By Danielle Kirsh

Smart Medical Systems yesterday said it received FDA 510(k) clearance for its G-Eye Colonoscope. The device is a standard colonoscope that installs the company’s G-Eye balloon on the distal bending section of the colonoscope. The G-Eye is then inserted using the standard technique with an inflated balloon. The balloon is inflated to engage the colon […]

Filed Under: 510(k), Endoscopic Tagged With: Smart Medical

Cantel Medical pulls in $28m

May 22, 2020 By Sean Whooley

Cantel Medical (NYSE:CMD) announced today that it sold $28 million in aggregate principal amount of convertible senior notes. The 3.25% convertible senior notes due in 2025 are pursuant to the full exercise by the initial purchasers of their option to purchase additional notes. Cantel Medical has issued a total of $168 million in aggregate principal amount […]

Filed Under: Business/Financial News, Dialysis, Endoscopic, Funding Roundup, Wall Street Beat Tagged With: Cantel Medical Corp.

15 heart devices that could boost their manufacturers’ sales

May 22, 2020 By Nancy Crotti

Before the coronavirus pandemic hit, medtech companies large and small were making notable news with a number of innovative heart devices. Some of these same companies took a big hit to their bottom lines when the danger of spreading COVID-19 and using up precious personal protective equipment convinced hospitals to limit non-urgent procedures. Now hospitals […]

Filed Under: Business/Financial News, Cardiac Implants, Cardiovascular, Clinical Trials, Featured, Food & Drug Administration (FDA), Hospital Care, Implants, Regulatory/Compliance, Replacement Heart Valves, Stent Grafts, Stents, Structural Heart, Wall Street Beat Tagged With: Abbott, Aris CV, Cardiofocus, cardiovalve, CE Mark, CryoLife, endospan, FDA, Medtronic, Terumo Aortic, V-Wave

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