Conformis (NSDQ:CFMS) has won FDA clearance for its latest 3D-designed Conformis hip system for hip surgeries. The Billerica, Mass.–based company began hip surgeries in July 2018 during a limited launch of its hip system. The latest version of the system, announced yesterday, incorporates design improvements based on surgeon feedback after more than 400 surgeries were completed […]
5 ways medtech research aims to help veterans
As the United States prepares to honor its military veterans on Monday, medtech researchers are working to help survivors wounded in battle, both in body and mind. Whether the research comes out of government, industry or academia, there’s also a desire to help veterans facing other health challenges. Get the full story on our sister […]
Ultrasound tech startup Sonavex raises $1.8 million
Sonavex has raised nearly $2 million in equity for its ultrasound-based blood flow monitoring and other technologies. According to an SEC Form D filed last week, Baltimore-based Sonavex made its first sale in the offering on Oct. 11 and has raised $1.8 million to date. The Johns Hopkins University spin-out listed an indefinite amount on […]
Accuray shares drop as bottom line, revenues slide
Accuray (NSDQ:ARAY) shares are down today after the company reported decreased sales and profits in the first quarter of fiscal 2020. The Sunnyvale, Calif.-based radiotherapy device maker posted losses of -$9.4 million, or -11¢ per share, on sales of $89.6 million for the three months ended Sept. 30, for a bottom-line slide of -13% on a […]
FDA clears HeartVista’s One Click AI-assisted cardiac MRI
HeartVista said today that it won FDA 510(k) clearance for its AI-assisted One Click MRI acquisition software for cardiac exams. The One Click system is designed to use AI-assisted software to prescribe the standard cardiac views with one click in as little as 10 seconds as the patient breathes freely. The system detects when images […]
Report: Imaging industry put $9m into pushing 3D mammograms despite lack of evidence
Companies that make 3D mammography equipment have spent millions on marketing the devices, even though scientific evidence of their superiority to traditional mammography is lacking, according to a new report. The report by Kaiser Health News says that Hologic (NSDQ:HOLX), GE Healthcare (NYSE:GE), Siemens Healthineers and Fujifilm (TSE:4901) have paid doctors and teaching hospitals a collective $9.2 […]
Varian gets a jolt from meet-and-beat fiscal numbers, 202 forecast
Varian Medical (NYSE:VAR) got a jolt today from its fiscal fourth-quarter and full-year results, which met the consensus earnings forecast and topped Wall Street’s expectations for sales, and added a pair of names to its senior leadership roster. Palo Alto, Calif.-based radiotherapy device maker posted profits of $89.3 million, or 97¢ per share, on sales of […]
Report: Agfa-Gevaert shops HIT unit
More than two years after announcing plans to spin out its HIT division, Belgian graphics giant Agfa-Gevaert (EBR:AGFB) is reportedly putting the business on the auction block. In August 2017 the Brussels-based company began planning the establishment of the HIT division as a stand-alone business within Agfa-Gevaert. Yesterday the company began accepting bids in an auction […]
Ocean Insight, Triple Ring ink deal
Optical sensing company Ocean Insight said today it has formed a strategic partnership with medtech and imaging systems manufacturer Triple Ring Technologies. Ocean Insight specializes in spectral technology, application and manufacturing scalability for biomedical, life sciences and other companies. It has locations in the Americas, Europe and Asia and is part of global medtech company Halma plc. The partnership with Triple Ring adds expertise […]
Vygon acquires ECG guidance device maker Pilot
Vygon Group said today that it acquired Pilot, an Italian company that specializes in electrocardiography guidance devices, for an undisclosed amount. Écouen, France-based Vygon said the goal of the acquisition is to integrate Pilot’s ECG location and navigation technology into its own TLS product, which is already marketed by Vygon, according to a release. The […]
Philips inks 10-year imaging deal with German hospital
Royal Philips (NYSE:PHG) said today that it signed a 10-year partnership agreement with Klinikum Stuttgart hospital in Germany to cover replacement and procurement of state-of-the-art medical technology. The agreement includes technology such as diagnostic imaging and informatics solutions with a goal of implementing innovations that improve quality, cost-effectiveness and experiences for both patients and staff in […]
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