Digital connectivity no longer belongs in the final slides of a medtech company’s pitch deck. In the latest DeviceTalks Weekly podcast, three leaders pushing for connected medical devices explain the need to incorporate data collection and monitoring functionality in new devices. Scott Huennekens, who advanced the “digital surgery” strategy when he helped launch Verb Surgical, […]
Health Information Technology
Masimo launches iSirona connectivity hub
Masimo (NSDQ:MASI) announced today that it commenced the global launch of the iSirona medical device connectivity hub. Irvine, Calif.-based Masimo’s iSirona hub is designed to maximize interoperability across care, with efficiency in physically connecting up to six medical devices at the bedside and automatically routing the data to the company’s Hospital Automation platform. Masimo Root, a […]
CB Insights reports digital health, global healthcare investment funding records
CB Insights reported record funding for global healthcare and digital health, among other milestones during the third quarter. Global healthcare investments to private companies hit a new quarterly record of $21.8 billion in the third quarter of this year, with a total of 1,539 equity investments in the three-month period growing 18% from the previous […]
DTW Podcast: Smith+Nephew’s Ortho president, Rhaeos’ big win and Medtronic’s legacy
In this week’s DeviceTalks Weekly Podcast, our opening and closing keynote interviews focus on executives from companies at very different stages. Manufacturing and sourcing Skip Kiil took the helm of Smith+Nephew’s (NYSE:SNN) global orthopedics business to transform it. The company’s recent acquisition of Integra LifeSciences’ (NSDQ:IART) extremities business will further that mission. In our closing keynote conversation, […]
Medigate completes $30M Series B
Medical device security firm Medigate announced today that it completed a $30 million Series B financing round. New York-based Medigate’s funding round was led by new investor Partech, with participation from existing investors YL Ventures, U.S. Venture Partners and Blumberg Capital and new investor Maor Investments. The $30 million brings Medigate’s total funding to $50 […]
This telemedicine system could get medtech sales reps back to ORs
Daniel Hawkins’ surprise isn’t a matter of what, but when. The successful medtech executive and former Shockwave Medical CEO fully expected medical device makers would see Avail Medsystem’s telemedicine system as a more efficient way for sales reps to sit in on surgeries. By Hawkins’ projections, Avail’s system would eliminate much of the time sales […]
Bodyport secures $11.2m to build ‘virtual cardiac clinic’ for your bathroom
Bodyport, a company building sensitive sensor technologies into a bathroom scale, secured an $11.2 million Series A round to develop a device that can help detect and manage heart disease by detecting cardiac signals and biomarkers through bare feet. Boehringer Ingelheim Venture Fund (BIVF) led the round in the San Francisco-based startup, adding its capital […]
BrightInsight raises $40m Series B
Biopharma and medtech digital health platform provider BrightInsight announced today that it raised $40 million in a Series B financing round. Insight Partners led the funding, while Series A investors New Leaf Venture Partners and Eclipse Ventures also participated. According to a news release, BrightInsight plans to use the funds raised to significantly scale up team […]
Cohealo to enhance ventilator sharing network
Cohealo announced today that it intends to add customers to its national ventilator sharing network to help health systems monitor capacity and mobilize ventilators to hospitals that need them most. The Boston-based company’s effort is in response to a shortage of ventilators as a result of the COVID-19 pandemic. Several companies have taken it upon […]
BD touts cybersecurity cred of its microbiology informatics software
Becton Dickinson (NYSE:BDX) announced that its BD Synapsys microbiology informatics solution received certification from the Underwriters Laboratory Cybersecurity Assurance Program (UL CAP). UL CAP is an independent program that uses standardized, testable criteria to assess software vulnerabilities and weaknesses. BD touts its BD Synapsys software as one of the first life-science diagnostics informatics platforms to meet […]
Intuitive Surgical acquires Orpheus Medical to expand informatics offerings
Intuitive Surgical (NSDQ:ISRG) announced that it completed the acquisition of privately-held Orpheus Medical for an undisclosed amount to grow its integrated informatics platform. New York-based Orpheus Medical offers information technology connectivity and expertise in processing and archiving surgical video to hospitals around the world. The company develops and distributes a clinical video management and analytics platform […]
