The Massachusetts Medical Device Industry Council (MassMEDIC) announced that 2022 represented a “record-breaking” year. Among the organization’s 2022 accomplishments, MassMEDIC grew its staff as in-person events returned. It also launched its “Why Medtech” campaign and advocated for its more than 300 members ranging from Beacon Hill to Washington, D.C. “The past year has been transformational […]
MassMEDIC
MassMEDIC Ignite alumni break $100M funding milestone
CoreMap’s $23 million in recently closed funding officially puts MassMEDIC’s Ignite alumni from the past three years over the $100 million mark, the medtech accelerator said. Fifty medtech startups have participated in MassMEDIC’s Ignite since the program relaunched in 2019. The program matches startup founders with mentors in leadership positions at New England medtech organizations, […]
MassMEDIC announces board additions
The Massachusetts Medical Device Industry Council (MassMEDIC) today announced the appointment of eight new members to its board of directors. Joseph Ferrara, Michelle Fox, Brent Fullerton, Chris Killburn-Peterson, Jaydeo Kinikar, Sonal Patel, Stacey Pugh and Adam Sachs have all joined the MassMEDIC board. “We are honored to welcome our new members to our Board of […]
MassMEDIC announces 2021 Ignite accelerator winners
MassMEDIC announced today that it concluded its 2021 MedTech IGNITE accelerator program for medical device companies. Boston-based MassMEDIC (the Massachusetts Medical Device Industry Council) had 12 startups in the 2021 IGNITE cohort, with the companies including developers of wearables, diagnostics and surgical devices across areas such as women’s health, neurology, oncology, infectious disease, diabetes and […]
An even larger medtech supply chain shock looms beyond the pandemic
Superstorms, fires, droughts and other extreme events driven by climate change are already straining the industry’s supply chain — and it could get a lot worse. Drifting wildfire smoke made for blazing sunrises and sunsets this summer in Minnesota, where electronics manufacturer Nortech Systems has been replacing air handling equipment to ensure particle filtration and […]
MassMedic: New England suited to be drug delivery device powerhouse
The Massachusetts Medical Device Industry Council (MassMedic) believes New England is capable of growing in the drug delivery device space. In a recently published report written by Alira Health’s Aude Ouesanga, Laure Girard and Marie Vaillant and shared by MassMedic, a shift in the space was highlighted in terms of devices enabling therapeutic delivery to actually having […]
Joe Biden’s plan for COVID-19 and how the industry is reacting
Following the weekend’s news that Joe Biden is now president-elect of the U.S., plenty of focus is shifting to his plan for COVID-19. While positive news regarding Pfizer and BioNTech’s vaccine candidate came through this morning, the pandemic is still roaring on, with the U.S. hitting a record 128,000 new cases on Saturday as the […]
CoreMap gains $10.5M in Series A round
Burlington, Vt.-based startup CoreMap has secured $10.5 million in a Series A funding round led by Qure Ventures. Founded in 2016, CoreMap is taking aim at atrial fibrillation (AF) with technology designed to map complex arrhythmias inside the heart. The company’s patented system combines an electrode pair design in a high-density array configuration with algorithm-driven […]
How the presidential election could affect medtech
No matter who ends up in the White House, there will need to be a reckoning over how the government’s relationship with medtech has changed, according to industry insiders. It’s been a tumultuous few years for the medical device industry, with highs and lows that no one could have foreseen. President Donald Trump’s administration streamlined […]
7 ways the coronavirus is affecting medtech
Medtech companies face some tough times as the deadly coronavirus pandemic gains steam. But could this be the medical device industry’s Dunkirk, too? Just days ago, MassMEDIC president Brian Johnson made a call-out on LinkedIn for people to send ideas about how Massachusetts medical device companies could help fight COVID-19. He drew an analogy to […]
Permanent repeal of medical device tax headed to president’s desk
This article has been updated with comments from the Medical Alley Association and the Massachusetts Medical Device Industry Council (MassMEDIC). Both houses of Congress have now passed the 2020 federal spending package, which includes a provision to permanently repeal the 2.3% medical device excise tax. The package of eight spending bills awaits the signature of […]
