The Shape Sensing Co. is seeking investors to fund the productization and FDA clearance of its fiber optic sensor technology for surgical navigation. Austin, Texas-based TSSC wants to raise $10 million in the Series B round, CEO Ryan DeBoer said in an interview with MassDevice. That should be enough for two-and-a-half years of runway, enough […]
Luna Innovations Inc.
Intuitive Surgical puts another $9 million into Luna Innovations’ shape-sensing tech
Luna Innovations (NSDQ:LUNA) said today that Intuitive Surgical (NSDQ:ISRG) agreed to put up another $9 million for the shape-sensing technology it bought for its da Vinci robot-assisted surgery platform. Pleasanton, Calif.-based Intuitive paid a total of $12 million last year for the technology, which is designed to provide real-time measurements to help surgeons sense positions and track locations in […]
Intuitive Surgical closes Luna acquisition with 2nd $6M payment
Intuitive Surgical signs $30M deal with Luna for shape-sensing tech
Wall Street: Luna Innovations soars 45% on Intuitive Surgical deal
Device tax spurs Hill-Rom to lay off 200 | Wall Street Beat
Hill-Rom Holdings (NYSE:HRC) said it will lay off about 3% of its workforce, or roughly 200 workers, as it maneuvers to confront the medical device tax set to go into effect next year.
Cardinal Health lands $1 billion military contract | Deals roundup
Cardinal Health 200 Inc. won a $1.02 billion contract from Uncle Sam.
The two-year deal announced yesterday calls for the company to provide medical surgical supplies to the Army, Navy, Air Force and Marine Corps.
The McGaw Park, Ill.-based company is a subsidiary of health care and laboratory products and services giant Cardinal Health Inc. (NYSE:CAH).
