Titan Medical (TSX:TMD;OTC:TITFX) today announced the signing of a new agreement with medtech giant Medtronic (NYSE:MDT). The definitive agreement builds upon a development and license deal agreed in June 2020. Titan achieved all three milestones laid out in the agreement, including raising $18 million in capital in October 2020. It also received a $10 million payment for the second […]
Gynecological
Neuspera Medical appoints new CEO
Implantable neuromodulation technology developer Neuspera Medical announced today that Steffen Hovard joined the company as CEO. Hovard most recently served as president of Coloplast’s interventional urology arm. He had leadership responsibilities across four business areas within urological devices. At Coloplast, he oversaw 900 employees across 19 countries. According to a news release, Hovard also serves […]
Data supports use of Channel Medsystems Cerene cryotherapy
Channel Medsystems announced today that long-term clinical outcomes support its Cerene cryotherapy for treating heavy menstrual bleeding (HMB). Long-term outcomes from the Clarity clinical study evaluating the safety and effectiveness of Cerene cryotherapy were published in the International Journal of Women’s Health. Emeryville, California-based Channel Medsystems designed Cerene as a proprietary, hand-held technology for delivering cryotherapy […]
Nanopath raises $10M Series A for women’s health diagnostics
Nanopath announced that it closed a Series A funding round to support its biosensing platform for diagnostics. Cambridge, Massachusetts–based Nanopath intends to use the funds to back the development and commercialization of its platform that aims to transform how women’s pelvic and gynecologic infections are diagnosed. The company designed its novel approach to simultaneously characterize […]
Axonics expects 40% revenue growth this year
Axonics (Nasdaq:AXNX) shares are on the rise today on second-quarter results that came in ahead of the consensus forecast amid a successful TV advertising campaign. The Irvine, California–based sacral neuromodulation technology developer posted losses of $34.1 million, or 47¢ per share, on sales of $69 million for the three months ended June 30, 2022, for […]
Coloplast wins summary judgement in transvaginal mesh suit in Minnesota
A federal judge in Minnesota granted summary judgment to Coloplast in a lawsuit over the company’s transvaginal mesh. Angela Dawn Cantrell received the Restorelle L mesh implant as part of surgery to correct vaginal prolapse in January 2018. Cantrell continued to experience pain and pelvic floor dysfunction after the surgery and underwent additional surgeries. In […]
Memic Innovative Surgery is now Momentis Surgical
Memic Innovative Surgery announced today that it rebranded to become Momentis Surgical and changed the name of its proprietary technology. Tel Aviv, Israel-based Memic changed the name of its Hominis system for robotic-assisted transvaginal hysterectomy to the Anovo surgical system. Last week, the company announced that HCA Florida Kendall Hospital and The Women’s Hospital at […]
How medical device companies are responding to abortion bans
Days after the U.S. Supreme Court’s decision to overturn Roe v. Wade’s protection of abortion rights, medical device companies are among those reassuring workers about healthcare access. Corporate communications to employees and the public at large come as trigger laws in nearly half of the states outlaw abortion immediately. Some medtech companies are not using […]
NovaXS unveils prototype for smart, needle-free drug delivery device
NovaXS Biotech announced that it unveiled the new prototype for its needle-free injection therapy smart medical device. Formed at the University of California, Berkeley, NovaXS designed its patent-pending Telosis technology to administer a narrow stream of medication without a needle in 0.3 seconds and to analyze injection data to allow for smarter health decisions. Get […]
Memic completes first robotic-assisted transvaginal hysterectomy procedures with Hominis
Memic Innovative Surgery announced today that the first U.S. patient procedures were completed with its Hominis system for robotic-assisted transvaginal hysterectomy. HCA Florida Kendall Hospital and The Women’s Hospital at Jackson Memorial successfully completed the first U.S. patient procedures using Hominis, the first and only FDA-authorized surgical robot that features miniature humanoid-shaped arms, with shoulder, […]
Cook Medical makes next-gen in vitro fertilization incubator available in U.S., Canada
Cook Medical announced today that it launched the next-generation MINC+ benchtop incubator in the U.S. and Canada. Bloomington, Indiana-based Cook Medical designed its MINC+ platform as the latest iteration of the MINC mini incubator benchtop system that has been in in-vitro fertilization (IVF) clinics for more than two decades. The latest version of MINC includes the […]