• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Advertise
  • Subscribe

MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

  • Latest News
  • Technologies
    • Artificial Intelligence (AI)
    • Cardiovascular
    • Orthopedics
    • Neurological
    • Diabetes
    • Surgical Robotics
  • Business & Finance
    • Wall Street Beat
    • Earnings Reports
    • Funding Roundup
    • Mergers & Acquisitions
    • Initial Public Offering (IPO)
    • Legal News
    • Personnel Moves
    • Medtech 100 Stock Index
  • Regulatory & Compliance
    • Food & Drug Administration (FDA)
    • Recalls
    • 510(k)
    • Pre-Market Approval (PMA)
    • MDSAP
    • Clinical Trials
  • Special Content
    • Special Reports
    • In-Depth Coverage
    • DeviceTalks
  • Podcasts
    • MassDevice Fast Five
    • DeviceTalks Weekly
    • OEM Talks
      • AbbottTalks
      • Boston ScientificTalks
      • DeviceTalks AI
      • IntuitiveTalks
      • MedtechWOMEN Talks
      • MedtronicTalks
      • Neuro Innovation Talks
      • Ortho Innovation Talks
      • Structural Heart Talks
      • StrykerTalks
  • Resources
    • About MassDevice
    • DeviceTalks
    • Newsletter Signup
    • Leadership in Medtech
    • Manufacturers & Suppliers Search
    • MedTech100 Index
    • Videos
    • Webinars
    • Whitepapers
    • Voices
Home » MassDevice.com +5 | The top 5 medtech stories for March 17, 2016

MassDevice.com +5 | The top 5 medtech stories for March 17, 2016

March 17, 2016 By MassDevice

plus5-node

Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 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.

Get this in your inbox everyday by subscribing to our newsletters.

 

5. NuVasive nets $634m from convertible notes offering

MassDevice.com news

NuVasive Inc. said it pulled down $634 million from a convertible debt offering it plans to use to buy back other notes coming due next year.

San Diego-based NuVasive said the haul included a $100 million over-allotment for the 2.25% notes due in 2021. The spinal implant maker said it plans to spend about $66 million of the proceeds on convertible hedge note transactions and has already used another $345 million to repurchase $277 million worth of the $402.5 million it has in convertible notes due in 2017. Read more


4. CorMatrix launches U.S. tricuspid valve device trial

MassDevice.com news

CorMatrix Cardiovascular said it enrolled the 1st patient in a trial of its CorMatrix ECM tricuspid valve designed from regenerative tissue.

The early feasibility trial aims to demonstrate proof of principle and initial clinical safety at 8 U.S. centers, the Roswell, Ga.-based company said. CorMatrix is performing the trial under an investigative device exemption from the FDA. Read more


3. Senseonics cuts IPO by 25% to $45m

MassDevice.com news

Senseonics cut the value of a pending public offering by 25%, to $45 million, saying it plans to float fewer shares at a lower price.

Germantown, Md.-based Senseonics had planned to offer 18.2 million shares at $3.10 to $3.50 apiece, for a midpoint of $60 million, as it sought a move its shares to the New York Stock Exchange. Read more


2. FDA: US medical device inspections down in 2015

MassDevice.com news

The FDA said that it inspected fewer U.S. medical device plants last year than in 2014, but sent inspectors to more overseas facilities.

The overall number of quality systems inspections fell -5% to 2,104 during calendar 2015, the federal safety watchdog said, but U.S. inspections were down -5% to 1,484 while foreign inspections rose 4% to 620, compared with 2014. Read more


1. Gecko Biomedical lands $25m for next-gen medical polymer

MassDevice.com news

Gecko Biomedical said that it raised a $25 million Series A2 round for the next-generation medical polymer it’s developing.

Paris-based Gecko said the €22.5 million round was led by Sofinnova Partners (now its largest stakeholder) and new investor Bpifrance. Prior backers Omnes Capital, CM-CIC Innovation and CapDecisif Management also participated. Read more

Filed Under: News Well Tagged With: Plus 5

More recent news

  • Mount Sinai adopts Flosonics wearable ultrasound device
  • GE HealthCare launches next-gen intraoperative ultrasound
  • Philips launches new point-of-care ultrasound system
  • Medtronic to invest $50M in India Diabetes center
  • Corvia Medical raises $55M as it seeks FDA nod for atrial shunt

Primary Sidebar

“md
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest med device regulatory, business and technology news.

DeviceTalks Weekly

See More >

MEDTECH 100 Stock INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
MDO ad

Footer

MASSDEVICE MEDICAL NETWORK

DeviceTalks
Drug Delivery Business News
Medical Design & Outsourcing
Medical Tubing + Extrusion
Drug Discovery & Development
Pharmaceutical Processing World
MedTech 100 Index
R&D World
Medical Design Sourcing

DeviceTalks Webinars, Podcasts, & Discussions

Attend our Monthly Webinars
Listen to our Weekly Podcasts
Join our DeviceTalks Tuesdays Discussion

MASSDEVICE

Subscribe to MassDevice E-Newsletter
Advertise with us
About
Contact us

Copyright © 2025 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Privacy Policy