SofWave Medical secured an $8.4 million financing round, led by co-founder and chairman Shimon Eckhouse and XT Hi-Tech, as the Israeli-based company develops non-invasive fractional ultrasound technology for skin tightening. “This financing round of SofWave Medical will enable us to execute aggressively on our plan to build and position the company as a leader in […]
Misonix lands CE Mark for Nexus ultrasonic platform
Misonix (NSDQ:MSON) said today that it has received the CE Mark for a new ultrasonic surgical platform. The Nexus platform combines all the features of Misonix’s existing solutions, including BoneScalpel, SonicOne and Sonastar, into a single, fully integrated platform that was also designed to accommodate future solutions. The Nexus platform is driven by a new […]
Hologic offers up to $85m for SuperSonic Imagine
Hologic (NSDQ:HOLX) and SuperSonic Imagine (EPA:SSI) yesterday revealed a binding offer that would see Hologic pay some $85 million to acquire the French ultrasound device maker. Marlborough, Mass.-based Hologic’s €1.50-per-share bid amounts to about $42 million for all outstanding SSI shares and warrants, plus not more than $43 million to pay off any debts owed by Aix-en-Provence-based […]
SEC clears Misonix in China FCPA probe
Misonix (NSDQ:MSON) said today that the U.S. Securities & Exchange Commission cleared it after a probe of self-reported possible Foreign Corrupt Practices Act violations in China. The case dates back to the fall of 2016, when then-chairman & CEO Michael McManus Jr. stepped down just before Misonix delayed its annual report due to “deficiencies” in its internal […]
Philips, University of Vermont health system ink long-term pact
Royal Philips (NYSE:PHG) and the University of Vermont (UVM) Health Network today announced they will extend an existing strategic partnership by 10 years. UVM will get Philips imaging systems, ultrasound, patient monitoring, and clinical informatics, and a range of clinical and business solutions and consulting services. The pact aims to help the UVM Health Network […]
Misonix gains FDA clearance for ultrasonic surgical platform
Misonix (NSDQ:MSON) said today that it received FDA 510(k) clearance for a new ultrasonic surgical platform. The Nexus platform combines all the features of Misonix’s existing solutions, including BoneScalpel, SonicOne and Sonastar, into a single, fully integrated platform that was also designed to accommodate future solutions. The Nexus platform is driven by a new […]
Gynesonics touts fibroid study’s long-term outcomes
A long-term retrospective study of patients treated with Gynesonics’ Sonata uterine fibroid treatment system revealed low rates of surgical reintervention, improved symptom severity and quality of life, the company said today. Patients at the study site in Monterrey, Mexico were treated with the Sonata system, designed to provide incisionless transcervical radiofrequency energy ablation of uterine […]
Insightec wins expanded Medicare coverage for essential tremor treatment
Incisionless neurosurgery company Insightec said it has won Medicare coverage for its Neuravive MR-guided focused ultrasound device in 13 more states, effective April 1, 2019. Health insurance administrator Noridian extended coverage to Medicare recipients in Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, North Dakota, Oregon, South Dakota, Utah, Washington, and Wyoming. Insightec’s Neuravive technology is designed to treat essential tremor […]
Philips launches Epiq Elite ultrasound system
Philips (NYSE:PHG) said yesterday that it launched its new Epiq Elite ultrasound system. The newly launched system from the Amsterdam company contains its “latest advances in transducer innovation,” as well as its first solution for vascular assessment and diagnosis. “Our new portfolio of dedicated systems and solutions based on the EPIQ Elite combines new display technology, […]
OtoNexus raises $4.4 million for ear infection detection technology
OtoNexus (Seattle) has raised more than $4.4 million as it continues to develop its ultrasound medical device technology to diagnose middle ear infections, according to a U.S. Securities and Exchange Commission Form D filed this month. OtoNexus has been seeking a nearly $8.3 million from the money-raise. It previously raised $7.8 million in 2017. Get the full […]
QT Ultrasound launches U.S. ultrasound mammography clinic chain
QT Ultrasound said today that it is launching a chain of commercial mammography scanning centers using its radiation and compression-free breast imaging technology. The Novato, Calif.-based company said the chain will function under the moniker QTbreasthealth, and will provide women a “unique spa-like, patient-centric environment.” The company has already opened locations in Novato, Walnut Creek, […]
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