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JDRF backs GluSense with $2m grant

February 16, 2017 By Sarah Faulkner Leave a Comment

GluSense said yesterday that it received a $2 million grant from the Juvenile Diabetes Research Foundation’s T1D fund for the company’s injectable glucose sensor. Israel-based GluSense, part of Rainbow Medical, is developing the Glyde continuous glucose monitor for patients with Type I diabetes. The device is injected under the skin and lasts for 1 year, […]

Filed Under: Diabetes, Funding Roundup, Wall Street Beat Tagged With: GluSense, Rainbow Medical

Johnson & Johnson unit inks spine implant development deal with Rainbow Medical

March 3, 2016 By Brad Perriello Leave a Comment

Rainbow Medical said today that it inked a deal with a unit of Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes to co-develop a minimally invasive implant to treat degenerative disc disease. The deal between Medos International and Rainbow calls for development work to be carried out both in Israel and the U.S., including pre-clinical trials and laboratory tests, Herzliya, […]

Filed Under: Orthopedics, Spine Tagged With: depuysynthes, Johnson and Johnson, Rainbow Medical

SNN invests in Michelson’s Series B | Medtech funding for the week of February 16, 2015

February 20, 2015 By MassDevice Leave a Comment

Smith & Nephew gets in on Michelson Diagnostics Series B round

February 16, 2015 by Brad Perriello

Filed Under: Funding Roundup, News Well Tagged With: Bellerophon Therapeutics, HeartFlow, Michelson Diagnostics, Rainbow Medical, Smith & Nephew, Valeritas

Rainbow Medical raises $25m for China ops

February 17, 2015 By Brad Perriello Leave a Comment

Rainbow Medical raises $25m for China ops

Rainbow Medical said yesterday that it pulled down $25 million from a syndicate of Chinese investors for a new operation in the People’s Republic, aimed at promoting "strategic collaborations" there.

Filed Under: Funding Roundup, News Well Tagged With: China, Rainbow Medical

Sony puts $10M into Israeli medical device portfolio company Rainbow Medical

May 9, 2013 By Arezu Sarvestani Leave a Comment

Sony logo

Technology giant Sony Corp. (TYO:6758) invested $10 million into Israel-based Rainbow Medical, a medical device portfolio company that has drawn other big players in the medtech industry.

Filed Under: Funding Roundup, News Well Tagged With: Rainbow Medical, Sony Corp.

Imaging3 loses director, president & COO Sohn | Personnel Moves

April 5, 2012 By MassDevice staff Leave a Comment

Imaging3

Imaging3 (OTC:IMGG) president & COO resigned "to pursue other interests," according to a regulatory filing, leaving the mobile fluoroscopy device maker without a replacement.

Sohn, whose resignation was effective March 31, was still listed on Imaging3’s website today. The company agreed to pay out $9,100 in severance, according to the filing.

Filed Under: News Well Tagged With: Baxano Surgical, DFine Inc., Healthmark, Imaging3, Personnel Moves, Rainbow Medical, Zeltiq

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