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 […]
Imaging
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 […]
FDA clears Fluidda’s high-res respiratory imaging software
Fluidda (Los Angeles) said today that the FDA has cleared its Broncholab software designed to to assist in diagnosing and monitoring of respiratory diseases for clinical use. The Broncholab platform can provide a number of functional respiratory imaging (FRI) parameters to physicians via an online platform, according to the company. FRI combines high-resolution computed tomography, […]
Kinepict Health wins FDA nod for imaging tech
Kinepict Health announced today that it won FDA 510(k) clearance for its Kinepict Medical Imaging Tool (KMIT) imaging software with its proprietary digital variance angiography (DVA). The Budapest, Hungary-based company’s DVA technology is designed with an algorithm to use advanced statistical methods in visualizing blood vessels by identifying contrast-induced changes in an X-ray angiography image […]
Mauna Kea lands 510(k), CE Mark for next-gen Cellvizio platform
Mauna Kea (ENT:MKEA) this week said it won FDA clearance and CE Mark approval for its next-generation Cellvizio endomicroscopy platform. The Cellvizio uses modular design solutions to better integrate endomicroscopy in procedure suites and third-party platforms. The new platform was designed to facilitate future developments that include deep learning capabilities for assisted image interpretation. It’s also […]
Philips signs 8-year partnership with Paracelsus Clinics
Royal Philips (NYSE:PHG) and Paracelsus Clinics announced today that they entered into an eight-year strategic partnership to continue modernizing Paracelsus Clinics’ medical imaging systems. Switzerland-based Paracelsus Clinics intends to work with Philips on imaging system availability and equipment operation while strengthening efficiency and increasing quality, according to a news release. Paracelsus Clinics head of the procurement […]
Adaptiiv Medical Technologies raises $1.8m
Adaptiiv Medical Technologies filed an amendment to its SEC Form D to confirm the sale of nearly $1.8 million in an equity offering. The Halifax, Nova Scotia-based cancer treatment software developer sold about $1.79 million in the $3 million offering, leaving just over $1.2 million remaining to be sold. Adaptiiv made the first sale on […]
Alphatec to purchase EOS Imaging
Alphatec (NSDQ:ATEC) today said it would acquire EOS Imaging for $88 million, plus debt retirement of $33.9 million. EOS Imaging develops rapid, low dose, biplanar, full-body imaging and 3D modeling capabilities. It captures a calibrated, full-body image in a standing position, offering precise measurement of anatomical angles and dimensions. “This is a monumental transaction for ATEC,” […]
Viseon closes $18m Series B
Viseon announced yesterday that it closed a Series B financing round worth $18 million to support a number of company initiatives. The Irvine, Calif.-based orthopedic spine technology company said it is earmarking the funding for ongoing product development, worldwide regulatory approvals, clinical evaluations, manufacturing scale-up and commercialization efforts. The $18 million round was co-led by […]
These young medtech companies raised the most money in 2019
Medical device industry insiders may very well remember 2019 as the year that IPOs came back — but another sign that the U.S. economy has left the Great Recession far behind. Among the top investment deals in the space, half involved public offerings, according to the MoneyTree report from PricewaterhouseCoopers (PwC) and CB Insights. Total investments […]