Researchers at the Swiss Federal Laboratory have developed a sensor that could potentially quickly and reliably detect SARS-CoV-2, the COVID-19 virus. Prior to the coronavirus spreading around the world, Jing Wang and his colleagues were researching sensors that could detect bacteria and viruses in the air. The concept of the sensor would not replace the […]
Imaging
RefleXion Medical raises $100m for biology-guided cancer radiotherapy
Therapeutic oncology company RefleXion Medical announced today that it closed an equity financing with proceeds of $100 million. Public Sector Pension Investment Board (PSP Investments), a large, Canada-based pension investment manager focused on long-term investments, led the funding, according to a news release. Existing investors TPG’s The Rise Fund, KCK Group, Sofinnova Partners, Venrock, T. […]
COVID-19 upends medtech’s financial outlook
The uncertain times brought on by the COVID-19 pandemic have affected businesses worldwide, and several sectors of medtech industry are projecting hits to their bottom lines. A number of companies have announced decisions to withdraw financial guidance, cut hours and/or staff, among other major business decisions. Initial impacts of the global pandemic on Wall Street […]
Volpara, DetectED-X to offer COVID-19 Diagnostic Training for quicker diagnoses
Volpara Solutions today said it is collaborating with DetectED-X to provide free access to learning modules on how radiologists can detect COVID-19. DetectED-X is designed to help radiologists use CT lung scans to interpret coronavirus cases faster and with more accuracy. Volpara also said it gave an educational grant to Mammography Educators for a free […]
Could AI help monitor coronavirus disease progression?
Artificial intelligence radiology tech developer Qure.ai announced that it is working with the San Raffaele University Hospital in Milan to monitor disease progression in COVID-19 patients. The Mumbai-based company’s QXR automated chest X-ray system is designed to interpret a coronavirus patient’s lung scans within seconds, quantifying how much of their lungs have been affected by […]
How is the coronavirus affecting medtech events?
The coronavirus (COVID-19) outbreak has swept the globe and made a huge impact in the medtech space — especially when it comes to the events that provide a crucial networking and innovation-sharing function. The March 5 cancellation of the Healthcare Information and Management Systems Society (HIMSS) 2020 Global Health Conference & Exhibition was one of […]
Software is enabling medical 3D printing innovation: Here’s how
The 3D printers themselves get a lot of attention, but for 3D-printing to become ubiquitous in the medtech space, software will have to play a key role. A 3D printer without software to tell it where to place the material is a really nice, expensive coffee table, according to Scott Rader, a former Stratasys GM […]
RaySearch Labs issues urgent field safety notice for certain RayStations
RaySearch Laboratories issued an urgent field safety notice in Europe to warn on an issue with the dose calculation for the Siemens (NYSE:SI) virtual wedge in several of RaySearch’s RayStation treatment planning systems. The affected RayStation models listed in the safety notice out of Germany included RayStation 4.0, RayStation 4.5, RayStation 4.7, RayStation 4.9 (RayPlan 1), […]
DeviceTalks Weekly: Ep. 2 – Medtech goes to war with COVID-19
In this week’s DeviceTalks Weekly Podcast, we’ll talk about medtech’s essential role in the escalating war against COVID-19. We’ll visit with Fluidda CEO Jan De Backer and Kevin Thornal, division president of diagnostic solutions at Hologic. The executives will explain how their imaging and diagnostic devices – which both received recent FDA approval – will […]
RSIP Vision touts AI-based knee reconstruction tech
RSIP Vision announced today that it is developing an AI-based solution for 3D knee reconstruction from X-ray images. Tel Aviv, Israel-based RSIP Vision’s technology is designed to give physicians 3D modeling of each bone, providing data for surgery planning and implant fitting while also improving workflow and cutting costs compared to the currently used high-radiation […]
Insightec raises another $150m for incisionless neurosurgery platform
Insightec announced that it signed definitive agreements for a $150 million Series F financing round with a post-money valuation of $1.3 billion. The Haifa, Israel–based company is the developer of the Exablate Neuro incisionless neurosurgery platform. Insightec touts the Exablate Neuro as the first MR-guided focused ultrasound device to win FDA approval for treating certain […]