Surgical oncology device maker Onkos Surgical today filed an amendment to an SEC Form D confirming the sale of $26.5 million in equity. The equity offering had its first sale on Aug. 31, 2021 and today reached $26,500,001. That leaves no amount remaining to be sold. According to the amended SEC Form D, 16 investors […]
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Aerin Medical closes $60M equity financing
Ear nose and throat (ENT) treatment technology developer Aerin Medical announced today that it closed a $60 million equity financing. Sunnyvale, California-based Aerin’s financing was led by new investor Ally Bridge Group with participation from all existing major investors, including KCK MedTech, Questa Capital and OrbiMed. According to a news release, Aerin Medical intends to […]
Aidoc raises $110M for AI-powered care platform
Artificial intelligence-based healthcare technology developer Aidoc announced today that it raised $110 million in a Series D financing round. Tel Aviv, Israel-based Aidoc’s latest fundraising round brings its total funding to $250 million. The company aims to use the funds to power the expansion of its Aidoc AI Care Platform designed to empower radiologists and […]
Senseonics wins CE mark approval for 180-day Eversense E3 CGM
Senseonics (NYSE:SENS) announced today that it received CE mark for the next-generation Eversense E3 CGM system. Germantown, Maryland-based Senseonics offered its previous-generation continuous glucose monitor (CGM) with a 90-day wear time. Its next-generation Eversense E3 can be used for up to six months (180 days). Europe already had a 180-day Senseonics CGM system available (Eversense XL), […]
ZimVie launches duo of dental offerings
ZimVie (Nasdaq:ZIMV) announced today that it launched the T3 Pro tapered implant and Encode emergence healing abutment. Westminster, Colorado-based ZimVie designed the T3 Pro to deliver high primary stability and immediate function with a hybrid surface featuring its proprietary Osseotite surface on the implant collar, superimposed on the grit-blasted implant body. T3 Pro represents the […]
DermaSensor raises $10M as it braces for U.S. launch
DermaSensor announced today that it raised an additional $10 million as it prepares for a commercial launch in the U.S. Miami, Florida-based DermaSensor’s $10 million fundraising accompanies news that the company met all primary endpoints for two FDA pivotal studies, setting it up to potentially offer the only FDA-cleared, automated skin cancer detection tool on […]
Thanks, dad! Medtech leaders reflect on Father’s Day
Everyone has a story about how they got into medtech, and it’s no surprise that many of those stories start with how we were raised. As Father’s Day approaches, Medical Design & Outsourcing asked medtech leaders to share some thoughts about how their dads inspired their careers, the products they make and the companies they’ve built. We […]
DJO parent Enovis unveils Arsenal ankle plating system
Enovis, the parent company of DJO, announced today that it launched its Arsenal ankle plating system. The Arsenal ankle plating system — the latest addition to the Enovis suite of foot and ankle products and an expansion of the Arsenal foot plating system, consists of 37 anatomically designed plates throughout nine plate families to accommodate […]
Boston Scientific to acquire majority stake in M.I. Tech
Boston Scientific (NYSE:BSX) announced today that it agreed with Synergy Innovation to purchase its majority stake in M.I. Tech. Marlborough, Massachusetts-based Boston Scientific will acquire a stake totaling approximately 64% in the publicly traded, Korea-based manufacturer and distributor of medical devices for endoscopic and urologic procedures. According to a news release, M.I. Tech created the […]
ResMed to acquire out-of-hospital software developer Medifox Dan for $1B
ResMed (NYSE:RMD) announced today that it agreed to acquire German software company Medifox Dan in a deal worth $1 billion. Hildesheim, Germany-based Medifox Dan develops clinical, financial and operational software solutions for out-of-hospital care providers. Its offerings include care documentation, personnel planning, administration, billing and more. According to a news release, Medifox Dan’s solutions are […]
Outset Medical stock down on shipment hold news
Outset Medical (Nasdaq: OM) stock lost about a third of its value today — a day after the company said it was holding shipments of its Tablo hemodialysis system for home use. OM shares were down more than 34% to $13.46 apiece by the close of trading today. MassDevice‘s MedTech 100 Index, which includes stocks of […]