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Cianna Medical

Merit Medical must face shareholder lawsuit

March 31, 2021 By Sean Whooley

A federal judge in California quashed a bid by Merit Medical to dismiss a lawsuit alleging misrepresentation of success to stockholders. The consolidated class action complaint states two claims for securities fraud, alleging that Merit CEO Fred P. Lampropoulos and CFO Raul Parra, plus the company itself, made multiple misrepresentations to investors that resulted in […]

Filed Under: Business/Financial News, Catheters, Featured, Legal News, Vascular Tagged With: Cianna Medical, Merit Medical Systems, Vascular Insights

Merit Medical closes $200m Cianna Medical buy

November 14, 2018 By Fink Densford

Merit Medical (NSDQ:MMSI) said yesterday that it closed its $200 million acquisition of Cianna Medical, making the company a wholly-owned subsidiary. Aliso Viejo, Calif.-based Cianna makes the Savi Scout wire-free breast tumor localization system, designed to produce audible and visual indicators surgeons can use to tag cancerous tissue during lumpectomy and biopsy procedures. The device won 510(k) clearance from […]

Filed Under: Business/Financial News, Featured, Mergers & Acquisitions, Women's Health Tagged With: Cianna Medical, Merit Medical Systems

Merit Medical to acquire Cianna Medical for up to $200m

October 2, 2018 By Brad Perriello

Merit Medical (NSDQ:MMSI) said yesterday that it agreed to acquire Cianna Medical and its breast cancer localization and guidance devices for up to $200 million. Aliso Viejo, Calif.-based Cianna makes the Savi Scout wire-free breast tumor localization system, designed to produce audible and visual indicators surgeons can use to tag cancerous tissue during lumpectomy and biopsy procedures. The device won […]

Filed Under: Featured, Mergers & Acquisitions, Wall Street Beat, Women's Health Tagged With: Cianna Medical, Merit Medical Systems

FDA clears Cianna Medical’s Savi Scout breast cancer locator for long term implants

November 13, 2017 By Sarah Faulkner

Cianna Medical said today that the Savi Scout reflector, part of its system for wire-free breast tumor localization, won FDA clearance as the first non-radioactive implant without a restriction on the length of time that the reflector can remain in a patient’s breast. The new clearance means that doctors can place Scout to mark a […]

Filed Under: Food & Drug Administration (FDA), Oncology, Regulatory/Compliance, Women's Health Tagged With: Cianna Medical

7 medtech stories we missed this week: April 7, 2017

April 7, 2017 By Danielle Kirsh

New studies for umbilical cord allografts and tumor targeting were published this week while another company received European CE Marking. Here are some medtech stories we missed this week but thought were still worth mentioning. 1. AMNIOX touts new umbilical cord study AMNIOX Medical announced that it has published the results of 3 studies that demonstrate […]

Filed Under: Clinical Trials, Radiosurgery/Radiation therapy, Regulatory/Compliance, Research & Development, Spine, Wound Care Tagged With: aesculap, Amniox, AngioDynamics, Cianna Medical, InVivo Therapeutics, MedTech, Nu-Med, Occlutech

FDA adds new clearance for Cianna Medical’s Savi Scout breast cancer locator

August 17, 2016 By Fink Densford

Cianna Medical said today it won additional FDA 510(k) clearance for its Savi Scout radar localization breast cancer device, now cleared to be placed at the lumpectomy site up to 30 days prior to surgical removal. Aliso Viejo, Calif.-based Cianna’s Savi Scout is designed to produce audible and visual indicators surgeons can use to tag […]

Filed Under: 510(k), Food & Drug Administration (FDA), Oncology, Regulatory/Compliance Tagged With: Cianna Medical

Report: AdvaMed CEO Ubl to leave for top spot at PhHRMA | Personnel Moves

September 23, 2015 By Brad Perriello

Steve Ubl, the longtime CEO at medical device lobby AdvaMed, is reportedly leaving the organization after 17 years to take the top spot at the pharmaceutical industry’s largest trade group, the Pharmaceutical Research and Manufacturers of America or PhRMA. The Hill, citing an unnamed source, said that Ubl “will more than likely” take over as […]

Filed Under: Wall Street Beat Tagged With: Acutus Medical, AdvaMed, CAS Medical Systems Inc., Cianna Medical, Cochlear Ltd., Cogmedix, dextera, Hologic, Intuitive Surgical, Medtronic, Minnesota Public Radio, Misonix, Personnel Moves, Sonendo, Spinal Modulation, SpineFrontier, Trans1, Valencia Technologies, Volcano Corp.

GE Capital backs Cianna Medical in $8m round

July 16, 2015 By Brad Perriello

Cianna Medical said today that it raised $8 million for its Savi Scout breast cancer device, including a $4 million debt round from GE Capital and another $4 million equity round from existing backers. Aliso Viejo, Calif.-based Cianna’s Savi Scout is designed to produce audible and visual indicators surgeons can use to tag cancerous tissue during lumpectomy […]

Filed Under: Funding Roundup, Surgical, Women's Health Tagged With: Breast Cancer, Cianna Medical

Cianna Medical wins FDA clearance for new breast surgery device | Regulatory news for the week of December 15, 2014

December 16, 2014 By MassDevice Leave a Comment

Cianna Medical wins FDA nod for breast surgery device

December 11, 2014 by Mark Hollmer

Filed Under: Food & Drug Administration (FDA), News Well, Regulatory/Compliance Tagged With: Boston Scientific, Cianna Medical, stjudemedical, VertiFlex Inc.

Bankrupt ReGen gets another cash infusion through investor | Funding roundup

April 28, 2011 By MassDevice staff Leave a Comment

Funding

Bankrupt ReGen Biologics Inc. (OTC:RGBO) took out a loan from a company affiliated with one of its investors. The new debt represents Regen’s second financing deal with the company since filing for Chapter 11 bankruptcy two weeks ago.

Filed Under: News Well Tagged With: Bankruptcy, Bill & Melinda Gates Foundation, CareView Communications Inc., Cianna Medical, Gene Security Network, Hospira Inc., Illumina Inc., Interrad Medical Inc., Meritech Capital Partners, ReGen Biologics Inc., Solta Medical Inc., Venture Capital/Private Equity

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