MedTech Innovator this week announced Forest Devices as the winner of its 2019 global competition at the annual AdvaMed MedTech conference in Boston. Pittsburgh-based Forest is developing a portable device to use electroencephalogram monitoring and machine learning to diagnose large-vessel occlusions and other stroke subtypes. The technology is designed to enable first responders to triage […]
MedTech Innovator announces five finalists in competition
MedTech Innovator last week announced the five finalists for its $500,000 competition. The organization will award more than $500,000 in prizes to the finalists with first place taking $350,000 and the four remaining finalists taking $25,000. Five finalists will have seven minutes to pitch their technologies to a panel of four judges. The audience will […]
Startup Respirix raises $1.3m
Heart failure detection startup Respirix has reported raising $1.3 million, according to a securities filing. The San Francisco-based company has developed the handheld Cardiospire device to acquire data on cardiogenic oscillation from a patient’s airway to determine whether the patient is approaching congestive heart failure decompensation before experiencing symptoms. Respirix, which was named one of […]
50 medtech startups you need to know
Medical device industry accelerator MedTech Innovator today announced about 50 medtech startups participating in its annual four-month program. Half are early-stage companies participating in MedTech Innovator’s Accelerator and Showcase program, and the other half are mid-stage companies in the organization’s Showcase program. The list of companies is a who’s who of people around the world […]
5 pediatric orthopedic devices you need to know
The National Capital Consortium for Pediatric Device Innovation recently recognized five pediatric orthopedic devices that could improve scoliosis treatment, clubfoot assessment and surgical imaging. The five winners of the NCC-PDI’s “Make Your Medical Device Pitch for Kids!” competition — announced May 1 — will each receive $50,000 in grant funding and access to the consortium’s […]
5 award-winning medical device innovations for unmet needs
The people behind these five MedTech Innovation Awards finalists sought connections to unmet needs through their medical device innovations. Heather Thompson, Senior Editor There are many factors innovators in medtech share. They all seek to offer elegant and novel technologies. They often take advantage of smart, artificial intelligence (AI) and machine learning advances. They look to reduce […]
Venture investing in medtech and digital health: Here’s advice from the trenches
Medtech entrepreneurs agree that it’s still tough to find funding at the Series A level. Here’s their advice about how to find it. Bill Evans Competition for medtech venture investing is fierce, at the same time that traditional investors pull back from the space. To get to the bottom of what’s going on, I reached […]
Medtech venture investing trends: Here’s what you need to know
Ask any early-stage medtech or digital health entrepreneur, and they’ll tell you how tough it is. There’s tremendous competition for venture investing, coupled with a pullback by previously traditional investors in this space. Bill Evans While venture investment in medtech and digital health has recovered since the financial crisis of a decade ago — setting […]
Olympus partners with MedTech Innovator accelerator
Olympus (TYO:7733) said yesterday it is partnering with accelerator MedTech Innovator. As part of the partnership, Tokyo-based Olympus will provide financial support to MedTech Innovator, and will work with the incubator to select companies that will be part of its program. “At MedTech Innovator, we have a proven track record of identifying the most promising medical technology […]
MedTech Innovator taking applications for $500K competition
The nonprofit healthcare competition and accelerator MedTech Innovator is calling on startups and emerging-growth companies to apply for its 2018 competition. The application deadline is Jan. 26, 2018, deadline. MedTech Innovator (Los Angeles) plans to award more than $500,000 in cash prizes and scholarships during the competition. The competition does not charge an application fee and does […]
MedTech Innovator earns nonprofit status
Medical device competition and accelerator group MedTech Innovator said this week it has incorporated as an independent non-profit. The Los Angeles, Calif.-based company is backed by RCT Ventures, Johnson & Johnson (NYSE:JNJ) Innovation, JJDC and J&J Medical Devices companies, with addition funding support from Becton Dickinson & Co. (NYSE:BDX and Baxter (NYSE:BAX). “When I started working on […]
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