Lumicell has raised $20.7 million over the past three months, according to a regulatory document filed with SEC last week. More than 20 investors have contributed to the $26.5 million equity offering, the Wellesley, Mass.-based company reported, including one investor outside of the U.S. Get the full story at our sister site, Drug Delivery Business News.
Surgical
How slugs, snails & worms inspired Gecko Biomedical’s biocompatible sealant
The story behind Gecko Biomedical’s biocompatible sealant starts in the summer of 2009, when Boston Children’s Hospital‘s chief of cardiac surgery reached out to Jeffrey Karp about a problem he was experiencing in the operating room. Dr. Pedro del Nido told Karp, a professor of medicine at Harvard and the director of the Laboratory for Accelerated Medical Innovation […]
Medineering touts EU approval of its robotic positioning arm
Medineering, the German maker of surgical robotics, disclosed that its positioning arm won CE Mark approval from the European Commission. Approval means the company’s positioning arm is now OK’d for holding and positioning passive adapters and robots in otolaryngology (ear, nose & throat), neurosurgery and spinal surgery. The positioning arm “is the base of a […]
Renishaw wins FDA approval for neurosurgery planning software
Renishaw, a British engineering company, received approval by federal officials to sell the latest version of its neurosurgery planning software in the U.S. The FDA granted 510(k) clearance for Renishaw’s neuroinspire software that blends MRI and CT datasets into a 3D volume, enabling neurosurgeons to identify and outline regions of interest. The approach is designed to minimize […]
7 medtech stories we missed this week: Oct. 20, 2017
From InspireMD’s distribution deal to RenalGuard touting a new study, here are seven medtech stories we missed this week but thought were still worth a mention. 1. InspireMD inks Chile distribution deal InspireMD announced in an Oct. 12 press release that it has signed a distribution deal with CorpMedical Chile to distribute the MGuard Prime […]
The 11 most innovative medical devices of 2017
The nominees for the best medical technology of 2017 were recently announced for the 11th Annual Prix Galien USA Awards. The Galien Foundation, the host of the awards, hands out the the Prix Galien Award annually to examples of outstanding biomedical and technology product achievement designed to improve human condition. Before candidates can qualify for […]
This surgical glue seals wounds in 60 seconds
A potentially life-saving surgical glue that is highly elastic and adhesive can quickly seal wounds in seconds without the need for common staples or sutures. The surgical glue, called MeTro, is a development from biomedical engineers at the University of Sydney and biomedical engineers from Harvard University. MeTro has a high elasticity that can seal […]
Johnson & Johnson to acquire German surgery software maker Surgical Process Institute
Johnson & Johnson (NYSE:JNJ) agreed to pay an unspecified amount to acquire Germany’s Surgical Process Institute, which makes software for standardizing and digitizing surgical workflows. The SPI Surgical Procedure Manager software is designed to generate a step-by-step checklist to ensure that “important safety checks are completed every time, in the same order, and all supporting […]
IntelliJoint Surgical wins CE Mark for Hip 3D hip arthroplasty nav system
IntelliJoint Surgical said this week it won CE Mark approval in the European Union for its IntelliJoint Hip 3D mini-optical navigation system. The Waterloo, Ontario-based company said the system is designed to provide surgeons with measurements for cup position, leg length and offset for total hip arthroplasty procedures without requiring pre-operative or intra-operative imaging. The Hip […]
Xtant Medical to shut down Dayton, Ohio facility
Xtant Medical (NYSE:XTNT) said today that it plans to close its Dayton, Ohio facility and transition its operations to the company’s headquarters in Belgrade, Montana. The Dayton facility employs 55 people in an array of quality assurance, regulatory, inventory management, finance, engineering and distribution jobs, the company said, adding that many of these functions will transition […]
MiMedx closes Stability Biologics sale
MiMedx (NSDQ:MDXG) said this week that it completed the divestiture of its subsidiary, Stability Biologics, back to the former stockholders of Stability, Inc. The deal, which closed on Sept. 30, included a promissory note issued by Stability Biologics for $3.5 million in favor of MiMedx. Get the full story at our sister site, Drug Delivery Business […]