Mainstay Medical announced an equity financing worth $125 million set to support the commercial growth of its neurostimulation technology. The company plans to put its new funds toward commercializing its ReActiv8 system in the U.S., Europe and Australia. It also has eyes on using the money for post-market clinical studies and research, plus general operations. […]
Implants
Elon Musk says first Neuralink patient can control mouse with thoughts
Reuters reports that the Elon Musk-backed Neuralink brain-computer interface (BCI) venture has positive early clinical trial results. Musk reportedly said as much in a “Spaces” event on X (the social media website previously known as Twitter and now owned by Musk). The company won a regulatory nod in May for a first-in-human implant, and in September […]
Enovis stock rises on Street-beating Q4, return to profit
Enovis shares got a boost today on fourth-quarter results that landed ahead of the consensus forecast. Shares of ENOV rose 7.4% at $64.72 apiece in mid-afternoon trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — ticked up 0.5%. The Wilmington, Delaware-based company — one of the […]
UroMems has positive results for first-ever female implant of smart urinary sphincter system
UroMems announced today that it successfully met the six-month primary endpoint for the first female patient implanted with UroActive. Grenoble, France-based UroMems designed its smart UroActive implant to treat stress urinary incontinence (SUI). The company says it’s the first smart, automated artificial urinary sphincter (AUS) to treat SUI. Powered by a MyoElectroMechanical system (MEMS), UroActive […]
Think Surgical enters into multiple surgical robot collaborations
Think Surgical announced two new collaborations surrounding surgical robotics and implants for total knee arthroplasty (TKA). The company inked new collaborations with Maxx Orthopedics and b-ONE Ortho Corp. over the past two days. These deals come just days after the company announced a partnership with Waldemar Link on the same front. First, in collaboration with […]
Smith+Nephew kicks off Aetos shoulder system launch at AAOS
Smith+Nephew announced today that it fully launched its Aetos shoulder system in the U.S. with additional FDA clearances. Aetos originally received FDA clearance in June 2023, bolstering the company’s upper extremity portfolio. London-based Smith+Nephew designed Aetos to restore patients’ range of motion and help minimize arthritic shoulder pain. The system features the Aetos Meta Stem […]
Smith+Nephew to show off new AI features for its Cori surgical robot
Smith+Nephew announced today that it plans to “provide a glimpse into the future” of its Cori surgical robotic system. The Cori handheld robotic system supports the entire continuum of care in knee arthroplasty. It offers a comprehensive solution for navigated total hip arthroplasty as well. Cori’s new image-agnostic, robotic-assisted solution could further help personalize surgery […]
Accelus adds duo of directors to its board
Spine implant developer Accelus announced today that it appointed Kevin McGann and Bernie Haffey to its board of directors. The Palm Beach Gardens, Florida-based company said the new appointments provide a strategic enhancement and align with its mission. Accelus aims to deliver innovative spinal solutions that elevate the surgical experience and improve patient outcomes. It […]
Canary Medical has first-in-human implant of heart sound monitor
Canary Medical announced today that it completed the first-in-human limited feasibility trial of its cardiac auscultation monitoring device. Vancouver, British Columbia–based Canary is developing the device as a first-in-class implantable sensor. It provides daily adjunctive objective cardiac parameter measurements. The company believes it could enable patients and clinicians to better manage congestive heart failure symptoms. […]
Smith+Nephew unveils expanded sports medicine portfolio
Smith+Nephew today announced plans to unveil new sports medicine technologies this week. The London-based orthopedic giant plans to premiere its newly acquired CartiHeal Agili-C cartilage repair implant. Bioventus had a deal in place to acquire CartiHeal and its technology last summer. However, when that fell through, Smith+Nephew executed a $180 million buyout (with a potential […]
Think Surgical, Link collab on surgical robotics for total knee replacement
Think Surgical announced today that it plans a collaboration with Waldemar Link to implement its technology in surgical robotics. In the collaboration, Think Surgical plans to add the LinkSymphoKnee system to its ID-HUB. ID-HUB serves as a proprietary data bank of implant modules for use with Think Surgical’s TMINI handheld miniature surgical robotic system. TMINI […]