Private equity giant KKR (NYSE:KKR) put another $235 million into EchoNous, the parent company of Signostics, for the second time in as many years. The cash is earmarked for commercializing the Uscan ultrasound device, developing a vein-location device and an unnamed artificial intelligence-driven ultrasound project to market, Seattle-based EchoNous said. KKR put $35 million into the company […]
Imaging
Avinger wins CE Mark for in-stent restenosis indication for image-guided atherectomy
Avinger (NSDQ:AVGR) said today that it won CE Mark approval for treating in-stent restenosis with its Pantheris Lumivascular atherectomy system. The company’s Lumivascular tech enables physicians to see from inside the artery during a directional atherectomy procedure in real-time, Avinger touted, using optical coherence tomography. The device is designed to help physicians more accurately navigate their […]
Analytics 4 Life lands $25m for AI-backed cardiac imaging tech
Analytics 4 Life said today that it landed $25 million in a Series B financing round. A group of investors, including doctors and medical device experts, contributed to the round. The digital health company’s cardiac imaging tech is designed to help physicians assess the presence of coronary artery disease using signals from the body – […]
Abbott wins MR-conditional label for Ellipse ICDs
Abbott (NYSE:ABT) said today that it won an MR-conditional label from the FDA for the Ellipse implantable cardioverter defibrillator it acquired along with St. Jude Medical early this year. The MR-conditional label applies to Ellipse and the Tendril MRI pacing lead and the Durata and Optisure high-voltage leads, the Chicago-area medical device giant said. “When […]
Brainlab wins FDA nod for Elements Spine, Cranial SRS radiosurgery planning software
Brainlab said today it won FDA clearance for its Elements Spine SRS and Elements Cranial SRS radiosurgery surgical planning software applications. The Munich, Germany-based company said that the Elements Cranial SRS is designed to allow physicians to create radiosurgery plans in less than 15 minutes, supporting plans for numerous cranial indications including arteriovenous malformations, pituitary […]
Pentax Medical wins CE Mark for DEC duodenoscope
Hoya‘s Pentax Medical said today it won CE Mark approval in the European Union for its DEC duodenoscope featuring a disposable elevator cup. The Tokyo-based company said the new device features a combination of advanced cleaning capabilities and improved infection prevention controls to ensure a more reliable performance. The new device also features improved high definition […]
Varian Medical launches Eclipse 15.5 radiosurgery planning software
Varian Medical (NYSE:VAR) said today it launched the Eclipse 15.5, a new version of its radiotherapy treatment planning software which includes support for its HyperArc high definition radiotherapy system The newly launched Eclipse 15.5 features MCO, which allows clinicians to examine outcomes related to clinical criteria including which organs are spared versus coverage of a targeted tumor, […]
Annual sales grow nearly 50% for Imris after bankruptcy sale
Imris today reported that it saw sales grow 44% last year and has seen sales rise 68% this year after it was reorganized in a bankruptcy purchase 2 years ago. The Minnetonka, Minn.-based company said that in the past 2 years, it has inked multi-million dollar contracts with hospitals across the globe and has added and […]
Edap submits new FDA 510(k) for Focal One HIFU
Edap (NSDQ:EDAP) said today it submitted a new FDA 510(k) application for its next-gen high-intensity focused ultrasound Focal One device designed to treat prostate cancer after withdrawing its previous application in July. The new application alllowed the France-based company to include a new set of clinical data, which it had decided to include following “advanced discussions” with […]
7 medtech stories we missed this week: Sept. 8, 2017
From BrainScope’s pediatric traumatic brain injury assessment device to EOS Imaging releasing new surgery planning software, here are seven medtech stories we missed this week but thought were still worth a mention. 1. BrainScope to develop pediatric traumatic brain injury assessment device BrainScope announced in a Sept. 7 press release that it will immediately start creating […]
Bayer offloads Multi Vendor Service radiology service and repair biz
Bayer (ETR:BAYN) has reportedly sold its Multi Vendor Service medical device repair business to private investors who plan to merge it with 2 other firms to form a new company based in Pittsburgh, Penn., according to a Pennsylvania Post-Gazette report. Bayer’s MVS provides service and repairs for radiology devices, covering ultrasound probes, magnetic resonance imaging coils […]