Acelity said today it inked a deal to acquire advanced wound care and dermatology company Crawford Healthcare for an undisclosed amount. San Antonio, Texas-based Acelity said that the acquisition of Crawford will expand its advanced wound dressing product portfolio and strengthen its position in the advanced wound care market worldwide. Crawford Healthcare produces the KerraMax […]
Avita raises $12m for US debut of Recell device
Avita Medical (ASX:AVH) said yesterday that it raised $12.3 million to back the U.S. launch of its Recell wound treatment. Melbourne- and Valencia, Calif.-based Avita said the A$16 million round, raised from a consortium of institutional and “sophisticated” investors led by Bell Potter, consists of two tranches: $9.8 million (A$12.8 million) that’s slated to close June […]
PolarityTE aims to ‘wage war on skin grafts’ with regenerative tech
PolarityTE wants to eliminate skin grafts with its platform of regenerative technology. The Utah-based biotech is still new to the industry, but co-founders Denver Lough and Ned Swanson are betting that their company can take on the clinical standard of care for wound management. “No other product, whether it be a drug, a biologic device, or […]
Smith & Nephew cuts outlook weak Q1 results
Smith & Nephew (NYSE:SNN) today cut its outlook for the rest of the year after reporting “weaker” first-quarter results, sending share prices down in London and New York. The orthopedics and wound care giant posted sales of $1.20 billion for the three months ended March 31 (the company no longer reports first- or third-quarter earnings), […]
How 3D printed cells on the skin could enable wound healing
Researchers at the University of Minnesota are 3D printing electronics and cells directly on the skin that could create new methods for wound healing and enable biological agent detection. The Minnesota researchers used a customized, low-cost 3D printer to print electronics on a human hand. They’ve also successfully printed biological cells on a sin wound of […]
Avita Medical touts pivotal trial of ReCell burn injury device
Avita Medical (ASX:AVH) said today that a pivotal trial of its ReCell autologous cell harvesting device met its co-primary endpoints. The device, designed to help heal deep, full-thickness burns, demonstrated a statistically significant reduction in donor skin requirements compared to the standard of care and achieved comparable wound closure, Avita touted. Get the full story at […]
Digital woundcare dev Swift Medical raises $12m
Canadian digital health dev Swift Medical said today it raised $11.6 million in Series A funding to help support its digital wound care management system designed to assess and monitor wounds. The round was led by Data Collective and joined by Real Ventures Relay Ventures and the Business Development Bank of Canada in Montreal, the […]
Avita touts ReCell use in treating flesh eating bacteria, announces Chinese trial
Avita Medical (ASX:AVH) this week announced that its ReCell technology had been used to treat a patient with necrotizing fasciitis, and that it launched a Chinese trial of the device exploring its use treating second-degree burns. The ReCell autologous cell harvesting device is designed to use the patient’s own skin cells to treat a variety of […]
Organogenesis launches new sizing option for PuraPly wound care device
MIT-spinoff Organogenesis announced today that its PuraPly antimicrobial wound care device is now available in a 1.6-cm disc size. The Canton, Mass.-based company’s PuraPly AM product includes a broad-spectrum antibiotic, polyhexamethylene biguanide, embedded into a purified native collagen matrix. The device is cleared to treat an array of wound types, including pressure ulcers, surgical wounds, trauma wounds and […]
Polyganics liver and pancreas sealant wins FDA breakthrough designation
Polyganics said today it won FDA breakthrough device designation for its Liver and Pancreas Sealant Patch designed to prevent fluid leakage after hepato-pancreato-biliary procedures. The Dutch company’s Liver and Pancreas Sealant Patch is made from a proprietary bioresorbable polymer designed to seal-off the surgically treated tissue during the critical healing period. “There is a clear need […]
RenovaCare blows the whistle on alleged ‘predatory’ trading
RenovaCare (OTC:RCAR) said today that it’s blowing the whistle on alleged “predatory trading practices” on the part of firms that it thinks are in cahoots with short-seller Streetsweeper. Pittsburgh and Berlin-based RenovaCare said it notified regulators at the Financial Industry Regulatory Authority about a video showing the alleged predatory trades by FINRA members. “RenovaCare has informed investigatory agents […]
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