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Halt Medical

Acessa Health closes bankruptcy buyout of Halt Medical, raises $30m

June 26, 2017 By Brad Perriello

Acessa Health said today that it closed the bankruptcy buyout of Halt Medical and promptly raised a Series A round worth $30 million. The Acessa device is designed to treat uterine fibroids using radiofrequency ablation. Its successor namesake emerged after a Delaware federal bankruptcy judge earlier this month approved the bankruptcy sale, which was designed to keep the […]

Filed Under: Funding Roundup, Mergers & Acquisitions, Wall Street Beat, Women's Health Tagged With: acessahealth, Halt Medical

Court approves Halt Medical’s bankruptcy sale

June 7, 2017 By Brad Perriello

A Delaware federal bankruptcy judge yesterday approved a bankruptcy sale of Halt Medical designed to keep its Acessa uterine fibroid treatment on the market. The Brentwood, Calif.-based women’s health company filed for Chapter 11 bankruptcy protection in April, citing assets valued at $2.2 million as of March 31 but liabilities of about $156.3 million, including a $497,000 severance payment to […]

Filed Under: Mergers & Acquisitions, Wall Street Beat, Women's Health Tagged With: Halt Medical

Halt Medical finds backer for Chapter 11 bankruptcy reorganization

April 14, 2017 By Brad Perriello

Halt Medical said yesterday that it’s reorganizing under a Chapter 11 bankruptcy, via an acquirer that’s floating a $4 million bridge loan to sustain the women’s health company’s operations during the sale process. The company owes its top 20 creditors a total of nearly $1.3 million, including a $497,000 severance payment to former chief executive Jeffrey Cohen, according to […]

Filed Under: Funding Roundup, Wall Street Beat, Women's Health Tagged With: Halt Medical

Halt Medical wins Medicaid coverage for Acessa treatment in 5 states

February 6, 2017 By Fink Densford

Halt Medical said today it won coverage for its Acessa System from Medicaid in Texas, Ohio, Michigan, Indiana and Washington D.C. The Acessa system uses radiofrequency ablation guided by ultrasound to remove fibroids, which are benign, non-cancerous tumors that occur in women’s uteri, often during childbearing years, Brentwood, Calif.-based Halt Medical said. The company said the coverage […]

Filed Under: Business/Financial News, Women's Health Tagged With: Halt Medical

Women in medtech: Making gains but not there yet

January 26, 2017 By Danielle Kirsh

Sarah Faulkner/Associate Editor When IBM Watson Health general manager Deborah DiSanzo, a 30-year medtech veteran, began as a project manager at Apollo Computer, there were plenty of women working beside her. Three decades later, DiSanzo said, “I can now point to one woman who’s still in medtech from that.” The anecdote illustrates the continuing gender […]

Filed Under: Business/Financial News Tagged With: Halt Medical, IBM Watson Health, MedTech

Halt Medical touts BCBS reimbursement win in South Carolina

December 19, 2016 By Fink Densford

Halt Medical said today that it won coverage from Blue Cross Blue Shield of South Carolina for procedures using its Acessa System to remove fibroids. Acessa uses radiofrequency ablation guided by ultrasound to remove fibroids, which are benign, non-cancerous tumors that occur in women’s uteri, often during childbearing years, Halt Medical said. The Brentwood, Calif.-based company […]

Filed Under: Business/Financial News, Women's Health Tagged With: Halt Medical

GI Dynamics taps medtech vet Schorer for CEO | Personnel Moves March 25, 2016

March 25, 2016 By Brad Perriello

GI Dynamics taps medtech vet Schorer for CEO Troubled GI Dynamics (ASX:GID) said this week that it named a veteran medical device executive, Scott Schorer, to be its new president & CEO effective immediately. Schorer spent the last 6 years as a consultant, advising and helping run companies including stealthy Auris Robotics and Neograft Technologies, and […]

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Filed Under: Business/Financial News Tagged With: Adherium Limited, GI Dynamics, Halt Medical, MagForce, Personnel Moves, second-sight-medical

Halt Medical wins reimbursement for Acessa fibroid treatment

July 9, 2015 By Fink Densford

Halt Medical said yesterday that its Acessa treatment for symptomatic firbroids is now covered by Blue Cross Blue Shield of Michigan. Acessa uses radiofrequency ablation guided by ultrasound to remove fibroids, which are benign, non-cancerous tumors that occur in women’s uteri, often during childbearing years, Halt Medical said. “Millions of women suffer from heavy bleeding, pain […]

Filed Under: Business/Financial News, Ultrasound, Women's Health Tagged With: Blue Cross Blue Shield, Halt Medical

Stealthy Auris Surgical Robotics raises more than $34 million in an equity round | Medtech funding stories for the week of Mar. 31, 2014

April 4, 2014 By MassDevice Leave a Comment

Stealthy Auris Surgical Robotics raises $34M for eye-surgery device

April 1, 2014 by Brad Perriello

Stealthy Auris Surgical Robotics raises $34M for eye-surgery device

Filed Under: Funding Roundup, News Well Tagged With: Auris Surgical Robotics, Axonics Modulation Technologies, Cytomedix Inc., Deerfield Management, Halt Medical, Highland Capital Partners, Lux Capital, Mithril Capital Management, NaviMed, Transcend Medical Inc., Vessix Vascular Inc.

Halt Medical raises $92.8M ahead of U.S. launch of uterine fibroid treatment

April 3, 2014 By Arezu Sarvestani Leave a Comment

Halt Medical raises $92.8M ahead of commercial launch of uterine fibroid treatment

California women’s health company Halt Medical is raising capital ahead of a major commercial bid for its Acessa radiofrequency-based uterine fibroid treatment.

Filed Under: Funding Roundup, News Well, Radiosurgery/Radiation therapy, Women's Health Tagged With: Halt Medical

Women’s health: Halt Medical lands Mexican win for uterine fibroid treatment

February 11, 2013 By MassDevice staff Leave a Comment

Halt Medical logo

Women’s health devices maker Halt Medical touted a win from Mexican healthcare regulators who granted registration for the Acessa System for treating uterine fibroids.

The Acessa technology represents a major shift in treatment of uterine fibroids, the company has said. Fibroids are the leading global cause of hysterectomy procedures, according to the Centers for Disease Control & Prevention.

Filed Under: News Well, Radiosurgery/Radiation therapy, Regulatory/Compliance, Women's Health Tagged With: Halt Medical

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