Functional Neuromodulation said yesterday that it has begun a pivotal clinical trial to assess deep brain stimulation (DBS) in patients with mild Alzheimer’s disease. The Minneapolis-based company said the study will evaluate the safety and efficacy of stimulating the fornix (DBS-f) — a major inflow and output pathway in the brain’s memory circuit. Research suggests […]
EBR Systems wins FDA breakthrough nod for Wise CRT wireless pacer
EBR Systems said today that it has received breakthrough device designation from the FDA for its Wise CRT system for the treatment of heart failure. Sunnyvale, Calif.-based EBR Systems’ Wise system is a wireless pacer designed to improve the heart’s pumping ability by synchronizing the left and right ventricles to distribute blood to the lungs […]
J&J’s DePuy Synthes launches Attune cementless knee
Johnson & Johnson’s (NYSE:JNJ) DePuy Synthes division said today it is launching the Attune cementless knee in a rotating platform option in select markets around the world. This launch combines the proprietary technologies of the Attune knee designed to provide stability while the knee is in motion with DePuy Synthes’ background in rotating platform knees […]
Keranova raises $26.5 million for ophthalmic surgical robot
Ophthalmic surgery device maker Keranova said today that it has raised $26.5 million (€24 million) in a second round of financing,. Long-standing shareholders Mérieux Equity Partners and Supernova Invest led the round, joined by Financière Arbevel, Tourrette Investissement and other international investors. Saint-Etienne, France-based Keranova said it will use the money to fund the development […]
Philips, B. Braun launch Onvision needle tip tracking device
Royal Philips (NYSE:PHG) and B. Braun Melsungen today announced the launch of the Onvision ultrasound guidance solutions for needle tip tracking. Onvision is designed to track needle tips in real-time during regional anesthesia. It is available on the latest version of the B. Braun and Philips Xperius ultrasound system and allows anesthesiologists to accurately position the […]
Covalon re-prices offering to $5.5m
Covalon Technologies (TSXV:COV.V) said last week that it has re-priced its original non-brokered, private placement of $6.3 million to $5.5 million to reflect the current market price of its common shares. The revised offering will now include nearly 2.8 million units at $2 per unit, instead of the initial offer of 2.5 million units at […]
Bio2 Technologies raises $4.3m for ortho biomaterial
Bio2 Technologies (Woburn, Mass.) has raised about $4.3 million as it continues with a clinical trial of its Vitrium resorbable orthopedic biomaterial for musculoskeletal surgery. Bio2 had sought to raise $6.5 million in the funding round, according to a Form D filed Sept. 6 with the U.S. Securities and Exchange Commission. Made of bioactive glass, […]
Integra LifeSciences buys Rebound Therapeutics
Integra LifeSciences (NSDQ:IART) said today that it has acquired Rebound Therapeutics, maker of a single-use, minimally invasive neurosurgery device. Financial terms of the deal were not disclosed. Rebound touts its Aurora Surgiscope system, — cleared by FDA in January — as the first single-use disposable neurosurgical endoscope. The Aurora system enables minimally invasive access, visualization and […]
Stereotaxis uplists to the New York Stock Exchange
Stereotaxis (NYSE:STXS) said earlier this week that its common stock has been approved for listing on the NYSE American exchange. After the company’s common stock ceased trading on the OTCQX when the market closed yesterday, it began trading on the NYSE at the open of trading today, under the same “STXS” symbol. The St. Louis, […]
EndoGastric Solutions touts GERD treatment study
EndoGastric Solutions yesterday touted the results of a study that showed its EsophyX device was effective at treating certain hiatal hernia patients who have gastroesophageal reflux disease (GERD). The study concluded that and transoral incisionless fundoplication (TIF) using EsophyX is an effective treatment for patients with a hiatal hernia (HH) that is larger than 2 […]
Intuitive Surgical announces new U.K. HQ
Intuitive Surgical (NSDQ:ISRG) announced this week that it opened a U.K. and Republic of Ireland headquarters and training suite at Oxford Science Park’s Schrödinger Building in Oxford, U.K. The Sunnyvale, Calif.-based company produces the da Vinci SP robot-assisted surgery platform, which is cleared by the FDA for urological procedures, procedures requiring very narrow access from a […]
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