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.
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5. Ortho Kinematics wins Health Canada nod for VMA system
Ortho Kinematics said today it won Health Canada authorization for its Vertebral Motion Analysis spinal imaging system.
The VMA system from Austin, Texas-based Ortho Kinematics uses fluoroscopy to capture images of the spine in motion, is designed to displace traditional X-ray imaging as the primary method for identifying spinal dysfunction, the Austin, Texas-based company said. Read more
4. Israeli machine-learning radiology firm Zebra Medical Vision raises $12m
Israeli machine-learning radiology firm Zebra Medical Vision said today it raised $12 million to support the development of imaging algorithms being designed for automatic reading and diagnosis of medical imaging data.
The round was led by InterMountain Healthcare, and joined by existing investors, Zebra Medical Vision said. As part of its investment, InterMountain Healthcare plans to work with Zebra to accelerate its development. Read more
3. TransMedics closes $51.2m round to support its Organ Care System
TransMedics said today it closed a $51.2 million round of equity financing to support its Organ Care System organ preservation device.
The company’s flagship Organ Care System is designed to perfuse donor organs with warm, oxygenated blood and monitor its status until transplantation. Read more
2. Diabetes Tech Society releases cybersecurity standards for connected devices
The Diabetes Technology Society this week released its cybersecurity standards for network-connected smart medical device as cyberattacks and data breaches become more commonplace.
The group released a public platform, called DTSec, which contains performance requirements the group says will improve cybersecurity through “independent expert security evaluation,” according to Healthcare IT News. Read more
1. FDA panel backs St. Jude’s Amplatzer stroke device in 15-1 vote
An FDA panel Tuesday voted 15-1 in support of St. Jude Medical‘s Amplatzer cardiac implant for treating patent foramen ovale, according to the Minneapolis Star Tribune.
The Amplatzer PFO device is a nitinol and polyester mesh “double disc” that’s designed to close a naturally occurring hole in the heart that poses the risk of thrombosis and stroke. Read more
