Digirad Corp. (NSDQ:DRAD) won a maximum $100 million contract with the US Department of Defense to supply computed tomography imaging equipment devices, according to a DoD release posted on Monday. The firm-fixed-price, indefinite-delivery and indefinite-quantity 5-year base contract comes with an additional 5-year option period, according to a DoD release. The contract’s completion date is set […]
Imaging
Northwestern, University of Calgary win $3m grant for cardiac valve imaging project
Patients who are born with a bicuspid aortic valve have 2 flaps in their cardiac valve instead of 3 – and researchers from Northwestern University and the University of Calgary are planning a 5-year study to evaluate an imaging approach for preventing the complications of this genetic condition. With a $3.3 million grant from the […]
Profound Medical to pay $6m for Philips’ Sonalleve MR-HIFU biz
Profound Medical (TSX:PRN) said today that it agreed to put up about $6 million worth of its own shares to acquire the Sonalleve MR-HIFU business from Royal Philips (NYSE:PHG). Toronto-based Profound said the deal calls for it to put up 7.4 million shares at 84.9¢ (C$1.10) apiece, representing a 22% premium over its closing price yesterday. The […]
6 surgical robots that will surprise you
Researchers around the globe have created surgical robots for solutions to procedures that are generally invasive and time-consuming. Whether its eye surgery or even finding a vein to draw blood, healthcare practitioners face daunting tasks, but robots have made these procedures easier (as easy as the DaVinci makes it look when peeling a grape and […]
Hologic files infringement suit against Fujifilm Medical over mammogram tech
Fujifilm Holdings (TSE:4901) subsidiary Fujifilm Medical Systems is facing a patent infringement suit from Hologic (NSDQ:HOLX), which claims that the company infringed on 5 of its mammogram technology patents, according to a Connecticut Law Tribune report. The suit, filed in the US District Court for the District of Connecticut on Monday claims that Japan-based Fujifilm “had specific […]
Neuroimaging could be the key to early autism diagnoses
Functional connectivity magnetic resonance imaging (fcMRI) may be able to predict the chances of developing autism by the age of 2 in high-risk 6-month old infants, according to a new study in the Science Translational Medicine journal. Autism is characterized by challenges in social skills, repetitive behaviors, speech and nonverbal communication. People with autism also […]
Micro-X shares jump on partner Carestream Health’s DRX Revolution nano x-ray FDA nod
Micro-X saw shares rise today after it said its distribution partner Carestream Health won FDA 510(k) clearance for its DRX Revolution Nano X-ray device. The Australian company said that the clearance is the 1st for a carbon nano-tube powered X-ray device. “We are pleased and proud to have achieved this highly significant milestone in the […]
7 medtech stories we missed this week: June 23, 2017
From Guardant suing Foundation Medicine to Interson receiving 510(k) clearance for ultrasound probes, here are 7 medtech stories we missed this week but thought were still worth mentioning. 1. Guardant levels false advertising suit against Foundation Medicine Guardant Health announced in a June 22 press release that it has filed a lawsuit against Foundation Medicine […]
Report: New MRI technique improves brain scan accuracy
A new MRI technique could allow physicians to more accurately examine brain scans, according to an MIT News report. Researchers at MIT, working with physicians at Massachusetts General Hospital and other institutions, have developed a way to boost the quality of the brain scans so that they can be used for large-scale studies on the […]
Median Technologies inks dev deal with Medidata for cloud-based imaging tech
Median Technologies (EPA:ALMDT) and Medidata said today they inked a collaborative deal looking to leverage their capabilities to streamline the growth and use of medical imaging in cancer clinical trials. Through the deal, Median Technologies will use Medidata’s Clinical Cloud to accelerate oncology medicine development, the companies said. Median will also use Medidata’s Medical Imaging system […]
Philips picks up EEG dev Electrical Geodesics for $37m
Royal Philips (NYSE:PHG) said today it has agreed to acquire Electrical Geodesics for $36.7 million (GBP £29 million). Amsterdam-based Philips said that EGI’s portfolio of EEG hardware, software and acquisition sensors would work to complement its existing imaging tech and advanced informatics portfolio for neurological applications. In the sale, Philips is offering $133.50 (GBP £105.40) for each […]