Regenerative surgical implants company Tela Bio has brought in more than $2 million in investments, according to a recent U.S. Securities and Exchange Commission filing. The Malvern, Pa.–based company had sought to raise a total $3 million, according to the SEC Form D filed Dec. 4. Get the full story on our sister site Drug […]
OrthoPediatrics announces pricing of common stock offering
OrthoPediatrics (NSDQ:KIDS) said today it will price an underwritten follow-on public offering of 1.5 million shares of its common stock at $27 per share. The company said it plans to use the proceeds of offering to invest in implant and instrument sets for consignment to its customers, fund research and development activities, expand its sales and […]
What is the future of medtech in 2019?
A global push to increase medical device industry regulation and the continued blurring of high tech and medtech – those are but some of the predictions that Medical Design & Outsourcing editors are hearing from experts. Read on to discover some of the top predictions of where the industry is going in 2019. Next>> Senior […]
Vapotherm touts automated oxygen controller in preemie study
A recent clinical trial showed that Vapotherm’s (NYSE: VAPO) new IntellO2 module for its Precision Flow system greatly improved the chances of keeping premature babies in the target oxygenation range. The prospective, multi-center, controlled, order-randomized crossover trial demonstrated that using the IntellO2 module helped clinicians maintain newborns in the physician-prescribed oxygen saturation range 80% of the time, compared with 49 % […]
BTG’s bioconvertible IVC filter implanted in Arizona patients
BTG (LSE: BTG) today announced the first successful implantation of its Sentry bioconvertible inferior vena cava (IVC) filter in patients outside of a clinical trial. The Sentry device won FDA 510(k) clearance in 2017. London-based BTG acquired the device in September through its purchase of Galway, Ireland–based Novate. Get the full story on our sister site Medical […]
NxThera spinout NxPhase lands $10m for vapor ablation tech
NxPhase Medical – spun out of NxThera when Boston Scientific bought it this year– has raised more than $10 million, according to a recent U.S. Securities and Exchange Commission filing. Maple Grove, Minn.–based NxPhase is focused on using convective thermal water vapor to treat prostate, kidney, and bladder cancer, according to its LinkedIn page. Get the […]
Medtronic studies use of both heat and cold for cardiac ablation
Medtronic today said that a St. Louis heart team has treated the first patient in the company’s Terminate AF trial, which is studying the simultaneous use of heat and cold to produce cardiac ablation for atrial fibrillation treatment. The goal is to determine the safety and efficacy of treating persistent atrial fibrillation in patients undergoing […]
Monteris Medical scores reimbursement win with Aetna
More epilepsy patients could have access to procedures involving Monteris Medical’s NeuroBlate system after a new coverage update from health insurance giant Aetna. The coverage update, which Monteris Medical announced today, involves Aetna’s medical policy for laser interstitial thermotherapy (LITT). It provides coverage for Aetna beneficiaries with refractory epilepsy who have met the established medical necessity criteria […]
Reshape Lifesciences settles with institutional investors for $700K
Just days after it announced that it had raised $10 million in a registered direct offering, ReShape Lifesciences (NSDQ:RSLS) disclosed in a regulatory filing that it’s paying $350,000 to each of the two institutional investors involved. The U.S. Securities and Exchange Commission filing, dated yesterday, said the money settles a dispute that arose prior to the closing […]
Zeus: Try our heat shrink products at no cost
Polymer extrusion and tubing company Zeus seems to be taking a page out of the sales playbook of software companies and direct marketers. Zeus (Orangeburg, S.C.) is telling medical device companies interested in switching to its peelable heat shrink tubing that they can initially try it out for free. Get the full story on our sister […]
Millar ends CD Leycom distribution agreement
Millar said today that it is discontinuing its exclusive North American distribution agreement with CD Leycom, maker of the clinical Inca pressure-volume (PV) loop system. Officials at Houston-based Millar – a pressure sensors and medical device contract manufacturing company – plan to focus more on the company’s OEM division, which integrates pressure sensors based on microelectromechanical systems […]
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