Accuray (Nasdaq:ARAY) shares rose this morning on second-quarter results that topped the consensus forecast. ARAY shares ticked up 12.1% at $2.75 apiece. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — rose 14.4%. The Sunnyvale, California–based radiation oncology company posted losses of $1.9 million. That amounts to losses […]
Radiosurgery/Radiation therapy
Novocure announces leadership team restructuring
Novocure (Nasdaq:NVCR) today announced organizational changes for its leadership team as it prepares for future growth. The company said the changes became effective Jan. 17. Pritesh Shah, Novocure’s chief commercial officer, transitioned into a new role as chief growth officer. His responsibilities include product and portfolio strategy, brand management, launch framework and market access/intelligence. He […]
Bayer makes radiology play with Blackford Analysis acquisition
Bayer announced today that it acquired AI imaging provider Blackford Analysis as it looks to drive innovation in radiology. The company said in a news release that its strategy includes developing and adopting AI within the clinical workflow. It aims to improve patient care and advance its position in digital medical imaging. Blackford has a […]
FDA clears RF Medical radiofrequency ablation system
RF Medical announced today that the FDA cleared its Mygen M-3004 generator and specialized electrodes, including Myoblate. The Korea-based thermal ablation system manufacturer made both products commercially available in the U.S. According to a news release, the technologies help to modernize the standard of care for minimally invasive practices. “The world’s medical device market is […]
Viz.ai launches AI-powered radiology suite
Viz.ai announced today that it launched an AI-powered radiology suite for alerting radiologists and connecting care teams in real-time. San Francisco-based Viz.ai designed the suite to alert radiologists in their workflow of suspected diseases. It also prioritizes worklists and connects care teams while integrating into picture archiving and communications systems (PACS). This helps to securely […]
FDA clears Stryker bone tumor ablation system
Stryker (NYSE:SYK) announced today that the FDA granted 510(k) clearance for its OptaBlate bone tumor ablation system. Kalamazoo, Michigan-based Stryker designed its OptaBlate system to allow physicians to easily customize their procedures. The system helps to reduce ablation time by three minutes. The system features four probes and Stryker’s patented microinfusion technology. The company said […]
GE Healthcare, Lantheus radiotracer trial meets endpoints
GE Healthcare (NYSE:GE) and Lantheus Holdings (NSDQ:LNTH) today announced positive trial results for an investigational radiotracer. The Phase III clinical trial for the Flurpiridaz radiotracer met its co-primary endpoints. It exceeded a 60% threshold for both sensitivity and specificity in detecting coronary artery disease (CAD). GE and Lantheus shared the results at the American Society […]
Accuray partners with Switzerland innovation hub
Accuray (Nasdaq:ARAY) announced that it partnered with the Genolier Innovation Hub to establish a new approach to improving patient care. Genolier, a subsidiary of Aevis Victoria, will unite companies from medtech, pharma and biosciences, as well as physicians and scientists. The goal is to bring medical and technological advances to patients faster. Plans call for […]
RefleXion expands footprint through multi-system contract with Select Healthcare
RefleXion Medical announced today that it entered into a three-system contract with Select Healthcare cancer facility developer. The multi-year, multi-site contract was agreed upon with the aim of creating new, free-standing treatment centers using the RefleXion X1 platform for treating all stages of cancer with external beam radiotherapy (EBRT). RefleXion said in a news release […]
FDA clears Radialis’ PET imaging tech
Radialis announced today that it received FDA clearance for its Radialis PET Imager technology. Thunder Bay, Ontario-based Radialis designed its advanced organ-targeted positron emission tomography (PET) system to produce functional images with high spatial resolution, expanding the insight available from molecular imaging. According to a news release, the Radialis PET system can visualize any positron-emitting […]
RefleXion, Mirada ink licensing deal on personalized cancer treatment
RefleXion Medical announced today that it entered into a non-exclusive, worldwide licensing agreement with Mirada Medical. The agreement allows for the integration of Mirada’s RegEngine image registration algorithms into the RefleXion X1 treatment planning software, aligning patient anatomy between different imaging modalities or between radiotherapy treatments. “Day-of-treatment modifications, called adaptive radiotherapy, are critical for responding […]