John Hopkins spin-out Sonavex said today it raised $3 million in financing, including a $2.2 million closed Series A round to support its novel ultrasound technology. The round was led by Grey Sky Venture Partners and joined by CRCM Venture Capital, Tedco, the Abell Foundation and individual investors, the Baltimore, Md.-based company said. The round was […]
Imaging
Medtronic launches StealthStation S8 neurosurgery navigator
Medtronic (NYSE:MDT) said today it launched the next-gen S8 version of its StealthStation neurosurgical intraoperative imaging and navigation system The StealthStation S8 includes upgrades to its software interface, a 2-cart platform design and electromagnetic technology, the Fridley, Minn.-based company said. “Neuro-navigation and computer-based surgical guidance has become a standard part of neurosurgery practices today. The StealthStation […]
Delphinus raises $8.2m
Delphinus Medical Technologies has raised $8.2 million in a new mixed-shelf offering, according to an SEC filing posted this week. The Novi, Mich.-based company is looking for an additional $16.8 million in the round, for a total of $25 million, and has not yet said how it plans to spend funds raised in the round. Delphinus produces […]
Philips wins FDA authorization for digitized biopsied tissue slides
Philips recently received FDA permission to market its Philips IntelliSite Pathology Solution (PIPS) – touted as the first whole slide imaging system over which pathologists can review digital versions slides prepared from biopsied tissue. The FDA permission, which the agency announced April 12, marks the first time the agency has allowed the marketing of a […]
Aspect Imaging raises $30m
MRI maker Aspect Imaging has raised $30 million in a new round of financing, according to VC & equity site Finsmes. Funding from the round will go to support the development of its Embrace Neonatal MRI system and a newer, stroke-dedicated MRI system, the Israel-based company said. Aspect Imaging did not release details on the […]
Novocure gains on additional Optune data
Shares in Novocure (NSDQ:NVCR) are on the rise again after the company today cited additional data from a pivotal trial evaluating its Optune device with temozolomide chemotherapy as a treatment for newly-diagnosed glioblastoma. Novocure’s Optune mobile device delivers low-intensity, intermediate frequency, alternating electric fields, called “tumor treating fields” or TTFields, to inhibit cancer cell replication. Get […]
MST touts 1st live broadcast of image-guided robot-assisted laparoscopic surgery
Robotic surgical software developer Medical Surgery Technologies said yesterday it broadcast the 1st-ever live image-guided, robot-assisted laparoscopic surgery with the aid of its AutoLap system. The Israeli company’s AutoLap system is an image-guided robotically assisted laparoscopic positioning system designed to monitor surgeon’s movements in the surgical cavity and guide the laparoscope positioner in real time. […]
Neural Analytics raises $10m
Updated to include new information from neural analytics. Neural Analytics raised $10.1 million in a new round of equity and options financing, according to an SEC filing posted this week. The Los Angeles-based company develops the Lucid M1, a portable all-in-one ultrasound system designed for rapid triaging and monitoring of patients with brain disorders. Neural Analytic’s […]
Theraclion touts 2-year Echopulse data from breast fibroadenoma study
Theraclion (EPA:ALTHE) this week released 2-year results from a trial of its Echopulse non-invasive ultrasound system for treating breast fibroadenoma. Study results were published in the March 2017 issue of the Journal of Therapeutic Ultrasound, the French company said. The 20 patient study examined the use of the Echopulse system, an ultrasound-guided high-intensity focused ultrasound device, in reducing […]
7 medtech stories we missed this week: April 7, 2017
New studies for umbilical cord allografts and tumor targeting were published this week while another company received European CE Marking. Here are some medtech stories we missed this week but thought were still worth mentioning. 1. AMNIOX touts new umbilical cord study AMNIOX Medical announced that it has published the results of 3 studies that demonstrate […]
Hologic wins $721m fixed-price DoD contract
Hologic (NSDQ:HOLX) has won a maximum $721.1 million firm-fixed-price contract for radiology systems from the US Department of Defense, according to a DoD release published yesterday. The 5-year base indefinite-delivery, indefinite-quantity contract comes with one 5-year option period, according to the DoD release. Hologic was among 27 groups vying for the contract. The Marlborough, Mass.-based company will […]