A decade-old company called Colibri Heart Valve is claiming in a lawsuit that Medtronic’s CoreValve line of TAVR devices are infringing on two of its patents. Founded in 2010, Broomfield, Colo.–based Colibri boasts that its TAVI system is the only one using dry tissue technology to allow for a pre-mounted, pre-crimped, and pre-loaded heart valve, […]
The best places to work for medtech sales reps
Teleflex (NYSE:TFX), ConMed (NSDQ:CNMD) and Precision Medical top the list of best places to work in medical device sales in the coming year, according to a MedReps.com survey of medical sales representatives. MedReps surveyed more than 1,200 medical sales professionals to get a better understanding of what employees look for in employers and how satisfied they […]
3M issues safety notice for Durapore Advanced surgical tape
3M Deutschland (NYSE:MMM) recently issued an urgent field safety notice to warn of issues with its Durapore Advanced surgical tape. The Maplewood, Minn.–based company said in the notice — reported out of Germany — that its tape product meets all safety and efficacy criteria. However, long-term exposure of the Durapore Advanced surgical tape to continuous high-moisture […]
FDA clearance positions Sight Diagnostics to deliver on two-drop blood testing promise
Today’s news that Sight Diagnostics secured 510(k) clearance for its Olo analyzer certainly will reduce the flow of future patient tears and fears as the system requires just two drops of blood to conduct a range of tests. However, the clearance — which confirms the Olo works just as well as gold-standard lab-grade systems in […]
Venclose closes $27m Series C
Venous reflux disease treatment developer Venclose announced that it closed a Series C funding round totaling $27 million. Venclose develops the next-generation Venclose RF ablation system designed to close damaged veins and restore healthy blood flow in patients with venous reflux disease. The San Jose, Calif.–based company said that, after securing the $27 million, it […]
IntraVu raises $11.7m for tiny imaging system
IntraVu (Redwood City, Calif.) has raised nearly $11.7 million as it markets its tiny imaging system to doctors, according to a Form D recently filed with the SEC. The company’s single-use MIDAScope is a 1.4 mm high-definition video and photo camera on the tip of a needle. The scope, according to the company, disrupts less […]
OncoSec $30m fundraise threatened by spat
OncoSec Medical (NSDQ:ONCS) is embroiled in a lawsuit and proxy war over a $30 million money-raise as it seeks to continue development of its cancer treatment technology. The company — headquartered in San Diego and Pennington, N.J. — sent a letter to shareholders today in which it countered what it described as false and misleading statements […]
How GE Healthcare is investing in medtech innovation
GE Healthcare (NYSE:GE) appears to be taking the “throw it against the wall and see what sticks” approach when it comes to medtech innovation. GE’s Chicago-based healthcare subsidiary today announced a medtech 3D printing partnership with Formlabs (Somerville, Mass.). GE Healthcare also disclosed its participation in the recent $243 million Series C round of robot-assisted surgery […]
Study: Novel MRI-guided ultrasound treatment destroys prostate cancer
New research claims that the minimally invasive MRI-guided transurethral ultrasound ablation (Tulsa) treatment effectively treats prostate cancer with minimal side effects. The Tulsa method is designed to deliver precise doses of sound waves to diseased prostate tissue while sparing the healthy nerve tissue that surrounds the prostate. The method rivals current techniques that lack sophisticated […]
Philips performs millionth procedure on Azurion advanced image-guided therapy platform
Royal Philips (NYSE:PHG) announced today that the millionth procedure performed with its Azurion image-guided therapy platform took place at GZA Ziekenhuizen in Antwerp, Belgium. The Azurion platform was introduced in February 2017 and has since been adopted by hospitals around the world, according to a news release. Its image-guided therapy is performed through a small incision […]
Federal appeals court dismisses appeal in Resmed, Fisher & Paykel patent case
A federal appeals court in Washington, D.C. has dismissed a Fisher & Paykel Healthcare (NZE:FPH) appeal of a breathing masks patent decision involving ResMed (NYSE:RMD). The two companies already settled all outstanding patent infringement disputes worldwide in a deal announced in February, with Resmed then seeking to dismiss Fisher & Paykel’s appeal of the U.S. Patent […]
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