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EndoChoice

EndoChoice lands Canadian nod for colonoscope

January 21, 2014 By Chris Walker Leave a Comment

EndoChoice lands Canadian license for colonoscope

EndoChoice said it won a marketing license in Canada for its Fuse endoscopy system.

The Fuse endoscope features 3 small cameras that provide a 330-degree view, nearly double the range of typical colonoscopy devices.

The Fuse device won FDA 510(k) clearance in the U.S. in June 2013.

Filed Under: Endoscopic, News Well, Regulatory/Compliance Tagged With: EndoChoice, Exports, Health Canada

EndoChoice nabs 510(k) for its Fuse colonoscopy system

June 11, 2013 By Sony Salzman Leave a Comment

EndoChoice

EndoChoice got the FDA’s green light for the Fuse endoscopy system, which the company says features numerous improvements over traditional endoscopy technology and will help docs catch more tumors.

The Alpharetta, Ga.-based colonoscopy device maker said its clinical trials demonstrated that Fuse only has a tumor "miss-rate" of 8%, compared with 42% with a traditional device.

Filed Under: Endoscopic, Food & Drug Administration (FDA), News Well, Oncology, Regulatory/Compliance Tagged With: EndoChoice

Medical Device Venture Capital Report for January 2013

February 21, 2013 By Brian Johnson Leave a Comment

Venture Capital

Medical device companies pulled in more than $255 million from investors in 29 deals during January, according to data provided to MassDevice.com by CB Insights Inc.

The deals ranged widely in size, from a $25,000 seed round investment for Elyira, Ohio-based Guided Interventions and its passive coronary artery blockage sensing technology to a $43 million Series D round for EndoChoice and its endoscopes.

Filed Under: Funding Roundup, News Well Tagged With: CB Insights, Cresendo Biosciences, EndoChoice, Glaukos, Venture Capital/Private Equity

EndoChoice’s trifecta: A merger with Peer Medical, a $43M funding round and the buyout of RMS Endoskopie-Technik

January 10, 2013 By MassDevice staff Leave a Comment

EndoChoice

In a flurry of moves starting last week, medical device company EndoChoice pulled down a trifecta: A merger with Peer Medical, a $43 million funding round led by Sequoia Capital, and the acquisition of German endoscope maker RMS Endoskopie-Technik.

Alpharetta, Ga.-based EndoChoice said it plans to use the proceeds from the investment in the merged company to "finance projected growth." Some of that cash presumably went into the RMS deal, although no financial terms were disclosed.

Filed Under: Endoscopic, Funding Roundup, Mergers & Acquisitions, News Well Tagged With: EndoChoice, Peer Medical, RMS Endoskopie-Technik

Funding: Medical device companies raise $70M | Wall Street Beat

September 5, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Four medical device companies reeled in more than $70 million in recent weeks, to develop technologies including a laser scalpel for minimally invasive surgeries, a peripheral vessel stapler, a thermal ablation system and a biliary stent.

Cambridge, Mass.-based OmniGuide led the charge with a $35 million round from Orbimed Advisors. OmniGuide chairman Yoel Fink told MassDevice.com in 2010 that the device uses the mirror technology he pioneered at the Mass. Institute of Technology in the 1990s.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: 180medical, ConvaTec, EndoChoice, Intact Vascular, NeuWave Medical Inc., Novation, OmniGuide, Premier Inc., Teleflex, VirtualScopics Inc., Xlumena

HRS preview: St. Jude, Boston Scientific in the spotlight | Wall Street Beat

April 9, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

The foofaraw over St. Jude Medical‘s (NYSE:STJ) recalled Riata defibrillator leads is slated for top billing at the upcoming annual meeting of the Heart Rhythm Society in Boston, according to a pair of Leerink Swann analysts.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: Abbott, Boston Scientific, Cameron Health Inc., Cardiac Rhythm Management, EndoChoice, ETView Medical, HealthTrust Purchasing Group, Heart Rhythm Society, Hologic, Johnson and Johnson, Medutech, Novadaq, Smith & Nephew, stjudemedical, Topera Medical, Zoll Medical

“Exit hangover” casts a pall on private equity | Wall Street Beat

March 6, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Private equity players are in for some stiff competition this year, as large-cap PE shops invade the middle-market space, according to a report from PE stalwart Bain & Co.

The company’s Global PE Report details a huge “exit overhang” – more aptly deemed an “exit hangover” by PE Hub’s Jonathan Marino – as PE-backed companies seek exits.

And the mega-deals of the past 10 years or so are a thing of the past, according the report, as detailed by Marino.

Filed Under: Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Baxter, Boston Life Labs, Cambridge Heart Inc., EndoChoice, Health Robotics, Interactive Optics, MAKO Surgical Corp., NantWorks, Natus Medical Inc., NLT Spine, Premier Inc., SeraCare Life Sciences Inc., Stereotaxis, Venture Capital/Private Equity

Argentum sues IP firm, lawyer over lapsed patent | Legal News

December 16, 2011 By MassDevice staff Leave a Comment

Argentum Medical, Noble Biomaterials

Argentum Medical is suing its former intellectual property law firm after it lost a patent infringement suit it filed against Noble Biomaterials.

Filed Under: Legal News, News Well, Patent Infringement Tagged With: Argentum Medical, Austin Medical, AVID Medical, CardioNet Inc., Cygnus Medical, depuysynthes, EndoChoice, Legal Roundup, Noble Biomaterials, Spinal Kinetics, Thoratec Corp.

GPOs: Premier cuts a new contract

December 12, 2011 By MassDevice staff Leave a Comment

signing contracts

Group purchasing organization goliath Premier health care alliance inked a new deal with EndoChoice Inc. for the Alpharetta, Ga.-based company’s gastrointestinal devices.

The deal gives Premier members access to special pricing and terms for EndoChoice’s gastroenterology products and supplies.

Filed Under: News Well Tagged With: EndoChoice, Gastrointestinal, Group Purchasing Organizations (GPO), Novation, Premier Inc.

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