Medtech software company Intelerad Medical Systems will be sold to a UK-based private equity firm that specializes in software and service businesses, according to its current owner, Novacap. The Canada-based private equity firm said it will sell Intelerad to Hg. The transaction is expected to close in the first quarter of 2020. Intelerad specializes in […]
New 510(k) boosts iRhythm, Verily efforts for AFib screening
The latest 510(k) clearance for the Verily Study Watch will further the efforts of the Google sister company and iRhythm Technologies (NSDQ:IRTC) to improve atrial fibrillation treatment. Verily — a life science company under Alphabet (NSDQ:GOOGL) — recently received an FDA 510(k) clearance to include an irregular pulse monitor in its Study Watch wearable. “We’ve worked carefully […]
Brainlab acquires VisionTree Software
Brainlab announced that it completed the acquisition of patient-centric data collection and health management company VisionTree Software. Munich, Germany–based Brainlab said the acquisition highlights the company’s commitment to taking a closer look at patient quality of life and condition post-treatment. San Diego–based VisionTree Software develops cloud-based data collection and health management solutions that Brainlab plans […]
Certain GE Healthcare patient-monitoring devices vulnerable to cyberattack
The federal government and GE Healthcare (NYSE:GE) announced today that the certain of the company’s patient monitoring devices are vulnerable to cyberattack. If attacked, some versions of the Carescape and ApexPro telemetry servers, the Carescape Central Station version 1 and Central Information Center systems could stop monitoring patients, silence alarms or produce unnecessary alarms during […]
Zebra Medical Vision appoints new CEO, seeks to grow in U.S.
Zebra Medical Vision announced that it appointed Ohad Arazi as its new CEO as the company as it looks to expand its footprint in the U.S. Arazi’s appointment is set to be made effective on March 1, 2020, at which point he will succeed Zebra co-founder Eyal Gura, who will continue as board chairman. Arazi […]
Medicrea looking for a buyer
Medicrea (EPA:ALMED) announced that it is engaged in active discussions with potential strategic partners in the U.S. spine industry as it seeks to execute an agreement resulting in a company takeover, partnerships or distribution agreements. The company said that leading U.S. groups have made regular approaches to share industry developments and review potential strategic partnerships around […]
Cardiologs raises $15m for its AI cardiology diagnostics
Artificial intelligence cardiology diagnostics company Cardiologs Technologies announced that it raised $15 million in a Series A funding round. The round, led by Paris-based venture capital firm Alven, brought Boston-based Cardiologs’ total capital raised since inception to more than $25 million, according to a news release. Bpifrance, ISAI, Kurma Diagnostics, Idinvest Partners and Paras Saclay […]
7 medtech advances to improve diabetes treatment
Medtech and pharmaceutical companies have made several important strides over the past year when it comes to improving diabetes treatment. Multiple treatments and technologies have cleared regulatory hurdles and are now hitting the market and making the process of living with diabetes that much more manageable. Several different styles of therapy and devices have come […]
3Derm lands FDA breakthrough device designations for autonomous skin cancer AI
3Derm Systems announced that it won two FDA breakthrough device designations for its 3DermSpot autonomous artificial intelligence imaging system for detecting skin cancer. The 3DermSpot is an algorithm designed to use AI and highly standardized skin images to autonomously detect melanoma, squamous cell carcinoma and basal cell carcinoma. Autonomous AI has the potential to provide […]
Medicrea lands 7 new patents
Medicrea (EPA:ALMED) announced that the U.S. Patent Office recently issued the artificial intelligence spinal surgery developer seven new patents related to its UNiD adaptive spine intelligence (ASI) technology platform. The UNiD ASI is designed to use artificial intelligence to enhance clinical and surgical workflow, increase reproducibility, improve surgical outcomes and expand the potential for surgeons. The […]
Augmedics launches its Xvision Spine AR nav system in U.S.
Augmedics announced today that it won FDA 510(k) clearance for and initiated the U.S. launch of its Xvision Spine augmented reality guidance system to be used in surgery. The company is touting Xvision Spine as the first AR guidance system to be used in surgery. The system is designed to allow surgeons to visualize the […]
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