MASSDEVICE ON CALL — Medical device companies took a hit in the 2nd quarter with venture funding investments hitting lows not seen since Q4 2012.
VC funding sank 30% in Q2 2012 when compared with the same period last year, according to a report published by PricewaterhouseCoopers in conjunction with th National Venture Capital Assn.
Funding amounted to about $1.4 billion over 174 deals, 6% fewer deals that in Q1, Healthcare IT News reported.
Medical imaging group asks CMS for more time on Sunshine Act implementation
The Medical Imaging & Technology Alliance joined other industry groups in asking the Centers for Medicare & Medicaid Services to allot "sufficient preparation time" for healthcare and lifesciences industry stakeholders to implement the Physician Payments Sunshine Act provisions.
Jarvik Heart lands FDA OK for heart implant trial
New York-based Jarvik Heart won FDA approval for clinical studies evaluating the company’s Jarvik 2000 cardiac assist device as a destination therapy for patients not eligible for heart transplant.
Group purchaser Premier signs contracts for wound drainage products
Group purchasing organization Premier announcement contracts for wound drainage products from Cardinal Health (NYSE:CAH), C.R. Bard (NYSE:BCR), Medline and Surgimed.