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Vascular Dynamics reports raising $10 million in funding round | Medtech funding for the week of November 10, 2014

November 14, 2014 By MassDevice Leave a Comment

Vascular Dynamics raises $10m

November 7, 2014 by Val Kennedy

Vascular Dynamics raises $10m

Filed Under: Funding Roundup, News Well Tagged With: BDC Capital Healthcare Fund, Biolase, Birchview Capital, GE Capital, Monteris Medical, Spiracur, The Vertical Group, vasculardynamics

Spiracur raises $16m from GE Capital

November 12, 2014 By Brad Perriello Leave a Comment

Spiracur raises $16m from GE Capital

Spiracur said today that it raised $16 million debt round from GE Capital for its negative-pressure wound therapy device.

Sunnyvale, Calif.-based Spiracur said it plans to use the proceeds to launch new products, penetrate new care settings and for global expansion.

Filed Under: Funding Roundup, News Well Tagged With: GE Capital, Negative-Pressure Wound Therapy, Spiracur

General Electric backs Sonitus Medical with $10M loan

September 18, 2013 By Brad Perriello Leave a Comment

General Electric backs Sonitus Medical with $10M loan

General Electric (NYSE:GE) said its GE Capital arm lent $10 million to Sonitus Medical for its SoundBite tooth-based hearing aid.

San Mateo, Calif.-based Sonitus plans to use the funds to expand commercialization of the SoundBite device, which uses bone conduction to transmit sound via the teeth, according to a press release.

Filed Under: Dental, Funding Roundup, News Well, Wall Street Beat Tagged With: GE Capital, General Electric, Hearing, Sonitus Medical Inc.

Delphinus Medical lands $6M from General Electric

September 10, 2013 By Brad Perriello Leave a Comment

Delphinus Medical lands $6M from General Electric

General Electric (NYSE:GE) said its GE Capital arm lent $6 million to Delphinus Medical Technologies for its SoftVue whole breast tomography system.

The loan is aimed at "clinical and early commercialization efforts" for Plymouth, Mich.-based Delphinus, according to a press release.

Filed Under: Funding Roundup, News Well, Women's Health Tagged With: Breast Cancer, Delphinus Medical Technologies Inc., GE Capital, General Electric

St. Jude Medical rebounds after “Greek tragedy” | Wall Street Beat

March 7, 2012 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Shares of St. Jude Medical (NYSE:STJ) clawed back some of the value lost yesterday in what 1 waggish analyst termed a “Greek tragedy.”

STJ shares closed down 3.3% yesterday at $39.96 when the company revealed a $56 million writedown after a Greek distributor failed to pay up for an estimated 2 years worth of sales.

Filed Under: News Well, Wall Street Beat Tagged With: Advanced Cell Technology Inc., Allezoe Medical Holdings, Amgen, Baxter, BG Medicine Inc., CareFusion Corp., GE Capital, Hillrom, MAKO Surgical Corp., Micromet, Nordion Inc., Nuance Communications Inc., Sequent Medical, stjudemedical, Syneron Medical Ltd., Transcend Services, TransPharma Medical, Zeltiq

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