Conavi Medical yesterday announced the first use of its Novasight hybrid system designed for imaging coronary arteries through both intravascular ultrasound and optical coherence tomography as part of an investigational trial. The system was used in its first procedure under a Health Canada Investigational Testing Authorization at Hamilton General Hospital by study co-investigators Dr. Tej […]
7D Surgical wins FDA nod for MvIGS nav system Cranial Module
Canadian medical device firm 7D Surgical said yesterday it won FDA 510(k) clearance for a Cranial Module for its Machine-vision Image Guided Surgery system. The Toronto-based company’s 7D Surgical System uses 3D optical technologies which require only natural light, as well as machine vision algorithms. The system’s navigation technology is embedded in an overhead surgical light […]
ARTMS’ system may ease cost, shortage of valuable radioisotopes
ARTMS Products (Vancouver, B.C) has won the CE mark for its first-in-class, advanced technology Quantm irradiation system, designed to produce high-value medical imaging isotopes such as technetium-99m (Tc-99m) on medical cyclotrons. Tc-99m is given to nearly 50,000 Americans every day to diagnose cancer and heart disease. It is used in more than 80% of all nuclear […]
Samsung’s NeuroLogica wins $250m US DoD radiology supply contract
Samsung Electronics (LON:BC94) subsidiary NeuroLogica won a $250 million maximum firm-fixed-price contract to supply the US Dept. of Defense with radiology systems, accessories and training, according to a newly posted release. The contract for the Danvers, Mass.-based subsidiary is located in Massachusetts and has a five-year base and an additional five-year option period, according to the […]
Digirad nudges share price up on stronger sales
Digirad (NSDQ:DRAD) met an analyst’s earnings expectations and beat the sales forecast, sending share prices up slightly today. Suwanee, Ga.-based Digirad posted net losses of -$350,000 or -2¢ per share on sales of $27.1 million for the three months ended June 30, cutting its losses by -80.2% on sales growth of 4.1% compared with Q2 2017. A […]
The 10 most innovative medical devices of 2018
The nominees for the best medical technology of 2018 were recently announced for the 12th Annual Prix Galien USA Awards. The host of the awards, The Galien Foundation, awards the Prix Galien Award annually to examples of outstanding biomedical and technology product achievements that are designed to improve human condition. Before the candidates can qualify […]
7 medtech stories we missed this week: August 3, 2018
From Esaote launching its new ultrasound device to Nipro’s Infraredx launching in Japan, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. Esaote launches new ultrasound devices Esaote announced in an Aug. 2 press release that it has launched its new MyLab X7, MyLab X6 and MyLab X5 ultrasound […]
CT imaging, robotics dev Epica Int’l raises $12m
Privately held CT imaging and robotics company Epica International said yesterday it raised $12.2 million. The San Clemente, Calif.-based company said the funding came from healthcare investment group SWK Holdings, and includes a second, milestone-dependent $1.8 million traunch, which the company said it hopes to receive in early 2019. “We are pleased to partner with […]
GE Healthcare, Lantheus launch 2nd Phase 3 trial of PET imaging agent
GE Healthcare (NYSE: GE) and Lantheus Holdings, Inc. (NASDAQ: LNTH), parent company of Lantheus Medical Imaging, Inc. have started a second Phase 3 clinical trial of flurpiridaz 18F, an investigational agent being evaluated for the detection of coronary artery disease. Flurpiridaz18F is designed as a positron emission tomography (PET) myocardial perfusion imaging (MPI) agent. The companies […]
7 medtech stories we missed this week: July 27, 2018
From the FDA clearing LifeSignal’s wireless ECG to Zavation receiving FDA clearance for its expandable corpectomy cage, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. FDA clears LifeSignal’s wireless ECG LifeSignals announced in a July 26 press release that it has received FDA clearance for its wireless LP1100 Life […]
York Instruments picks up Elekta’s MEG biz
Croton Healthcare subsidiary York Instruments said today that it’s buying the magnetoencephalography business at Elekta (STO:EKTA B) for an undisclosed amount. The MEG technology is designed to map brain activity in clinical and research settings. Elekta’s MEGIN business put up sales of about $11.6 million last year (SEK102 million). Get the full story at our sister site, Medical […]
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