The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Diagnostics for All won a $3.0 million grant from the Bill & Melinda Gates Foundation and the United Kingdom’s Dept. for International Development.
The funding, which will be spread over two years, is designated to support the development of three low-cost tests for identifying spoiled milk and infected maize with the goal of boosting productivity on African farms, DFA said
Cardiorobotics Inc. is branching out.
The Middletown, R.I.-based robotic surgical tool maker took out a lease for lab space in Raynham, Mass., according to the Providence Business News website.
That might be cause for some consternation in the Ocean State, where Cardiorobotics has landed a total of $750,000 from the Slater Technology Fund, the state’s venture capital agency.
But president and CEO Samuel Straface told PBN that the company inked the Raynham lease because the 14,500-square-foot facility there, which is in the same complex occupied by Johnson & Johnson (NYSE:JNJ) subsidiaries DePuy Mitek Inc. and Codman & Shurtleff Inc., is a turnkey lab operation.
Cardiorobotics Inc., which is developing a "snake robot" to treat cardiovascular disease, raised another $5 million from a group of unnamed investors.
The Pittsburgh-based company, which has a business and product development facility in Newport, R.I., is developing what it calls the cardioARM device, a robotic method to treat heart arrhythmia using a single-port, epicardial procedure.
