Say hello to MassDevice +3, a bite-sized view of the top three medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
3. Arterys raises $12m Series A round from MR-based vascular imaging
Arterys said today that it raised a $12 million Series A round for the MR-based vascular imaging system it’s developing.
The San Francisco-based company said its system uses data from a 10-minute MRI chest scan to compute blood flow information with “deep learning” and artificial intelligence technology. Available to researchers now, the system is expected to be included in GE Healthcare MRI scanners this fall as part of the ViosWorks application, Arterys said. Read more
2. GE Healthcare looks to cut costs, boost margins
GE Healthcare is looking to reverse a slump in operating margins with a 2% increase this year, CEO John Flannery said last week.
The goal is 18% by the end of 2018, Flannery said during a GE Healthcare investor presentation March 11. The imaging and healthcare IT business expects to post operating margins of 16.7% this year, up from 16.3% last year. Read more
1. Intuitive Surgical wins FDA nod for new EndoWrist stapler
Intuitive Surgical said that the FDA cleared a new EndoWrist stapler for its next-generation da Vinci Xi root-assisted surgery device.
The 510(k) clearance for the EndoWrist 30 device covers straight and curved-tip staplers and 30mm reloads, the Sunnyvale, Calif.-based company said. Read more