Non-invasive medical device maker OrthoCor said yesterday it was acquired by veterinary-focused medical device firm Caerus Corp, who said the company will remain independent and focused on the orthopedic market. OrthoCor’s flagship product is its Active System, which uses pulsed electromagnetic field technology to reduce joint pain and restore physical function to patients, the company […]
Medtech gets a nod in Minnesota’s Super Bowl pitch | MassDevice.com On Call
MASSDEVICE ON CALL — The Minnesota Vikings highlighted some of their state’s most prominent features in order to win over the Super Bowl selection committee, including some of the North Star State’s most prominent medical device makers.
AngioDynamics details $372M Navilyst buyout details | Wall Street Beat
Financial projections from AngioDynamics (NSDQ:ANGO) about its $372 million deal to acquire Navilyst Medical show that it expects to reap some significant rewards from the merger over the short and long terms.
Diabetes device maker Mendor raises $11.7 million | Funding Roundup
Mendor, a Finish diabetes technologies and services company, raised $11.7 million in a Series B financing round, aiming for global expansion.
Funding was led by Finnish entrepreneur and investor Risto Siilasmaa, joined by Life Sciences Partners (LSP), Finnish Industry Investment Ltd., Finnish Mutual Pension Insurance Company Ilmarinen, private Finnish investment group Biothom and the Finnvera Venture Capital as a returning investor.
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