Activ Surgical today received a $15 million extension to its Series B financing round, bringing its total Series B to $60 million. Hikma Pharmaceuticals’ venture capital arm, Hikma Ventures, led the Series B extension, which also had participation from existing investors. The $15 million investment announced today adds to the initial $45 million Boston-based Activ […]
Imaging
Visura Technologies announces CEO as it prepares to commercialize its cardio tech
Visura Technologies announced today that Christine Horton has assumed the role of president and CEO at the medical device company. Minneapolis-based Visura develops visualization tech for improving the quality and efficiency of transesophageal echocardiogram (TEE) probe intubation. The company said in a news release that Horton takes on the leadership position as Visura prepares for […]
ClearCut Medical names Hezi Himelfarb as CEO
ClearCut Medical today announced it appointed Hezi Himelfarb as CEO. Himelfarb brings over 30 years of experience to the Israel-based portable MRI company. He most recently was CEO of O2Cure, which develops blood oxygenators from ECMO operation to artificial lung. Himelfarb has also served as general manager and chief operating officer at Microbot Medical, CEO […]
Boston Scientific warns on some SpaceOAR systems
Boston Scientific (NYSE:BSX) has issued an urgent field safety notice in Europe due to potential issues with its SpaceOAR systems. Marlborough, Massachusetts-based Boston Scientific’s SpaceOAR system is an absorbable polyethylene glycol hydrogel spacer for separating the prostate from the rectal wall during radiation treatment for prostate cancer. The SpaceOAR Vue, the next-generation hydrogel spacer, offers […]
Medtronic says data confirms effectiveness of AI-powered GI Genius in colonoscopy
Medtronic (NYSE:MDT) announced today that study results highlight the effectiveness of its GI Genius intelligent endoscopy module. The study, published in Gastroenterology, found that the use of GI Genius in conjunction with colonoscopy significantly decreases the miss rate (2x) of colorectal polyps and adenomas compared to standard colonoscopy. GI Genius uses AI to help detect colorectal […]
Augmedics adds former J&J, Medtronic executives to leadership positions
Augmedics announced today that it appointed a new independent director to its board and a new chief marketing officer. Chicago-based Augmedics confirmed that Nadav Tomer will join as an independent director, while Reed Krider will be chief marketing officer (CMO). Tomer joins with 23 years of global experience, having retired from Johnson & Johnson in […]
Philips introduces new cloud-enabled enterprise imaging informatics and analytics products
Royal Philips (NYSE:PHG, AEX:PHIA) today unveiled new analytics and interoperability offerings at the 2022 HIMSS Global Health Conference and Exhibition. The two products — Philips HealthSuite Interoperability and Philips Enterprise Performance Analytics Performance Bridge — are pending 510(k) clearance by the FDA, the company said. The first, Philips HealthSuite Interoperability, is what Philips in a […]
This CEO is swallowing his own devices to fund his swimming PillBot
As he prepared to swallow his robot for the first time, Torrey Smith’s doctors warned that the battery was his greatest threat. If the capsule came apart and the battery burned the tissue lining his stomach, it would only be the beginning of a very bad experience. “I was just hoping that we would get […]
RefleXion raises $80M for biology-guided radiotherapy tech
RefleXion Medical announced that it closed an $80 million equity financing to support its therapeutic oncology technology. Hayward, California-based RefleXion develops biology-guided radiotherapy (BgRT) for all stages of cancer. The company designed BgRT to transform an injected radiotracer into a unified motion management solution that overcomes the technical limitations currently restricting radiotherapy use to one […]
Zeta Surgical raises $5.2M for robotic surgery platform
Surgical robotics and mixed reality company Zeta Surgical announced today that it closed a $5.2 million financing round. Boston-based Zeta Surgical’s financing round was led by Innospark Ventures, with participation from TSVC, Y Combinator, Trevor Fetter and more. The company said in a news release that it will use the funds to finalize the development […]
How medtech and pharma are responding to Russia’s invasion of Ukraine
Medtech and pharma companies continue to support Ukraine relief efforts following Russia’s invasion. Previously, the World Health Organization announced that it was sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of supplies for trauma care and emergency surgery and other health supplies — to meet the needs of more than […]