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SynCardia

SynCardia raises $14M for smaller total artificial heart

December 17, 2013 By Brad Perriello Leave a Comment

SynCardia raises $14M for smaller total artificial heart

SynCardia said it brought in another $14 million funding round, led by a $10 million contribution from SWK Holdings, that it plans to use to develop a smaller version of its total artificial heart.

Tucson-based SynCardia said Athyrium Capital Management contributed the remaining $4 million as a follow-on to its $10 million investment in March.

Filed Under: Funding Roundup, News Well, Structural Heart Tagged With: Athyrium, SWK Holdings, SynCardia, Venture Capital/Private Equity

Britain’s $1M medtech man: Breakthroughs in medical prosthetics

October 22, 2013 By Arezu Sarvestani Leave a Comment

Shadow Robot Co.’s so-called bionic man is making its way across the world, parading about a $1 million worth of advanced medical prosthetics that allow him to walk, breath and even hold light conversation.

The bionic man, the 1st of his kind, is a composite of parts from various medical device makers, including robotic feet and ankles from Massachusetts-based BiOM, an artificial heart made by Arizona’s SynCardia Systems and a retinal prosthesis from California’s Second Sight Medical.

Filed Under: News Well, Prosthetics Tagged With: BiOM, Innovation, second-sight-medical, Shadow Robot Co., SynCardia

Syncardia reels in $19M for artificial heart

March 20, 2013 By Sony Salzman Leave a Comment

Syncardia

Syncardia put together a $19 million financing package to back the spinout of its total artificial heart technology, hard on the heels of an FDA win for the device.

The bulk of the financing, $15 million, was doled out by New York-based funding group Athyrium Investors, with the balance coming from existing backers.

Filed Under: Cardiac Implants, Funding Roundup, News Well Tagged With: Artificial Organs, Athyrium, SynCardia

Syncardia nabs 2 Humanitarian Use Device wins for its smaller artificial heart

March 18, 2013 By Sony Salzman Leave a Comment

SynCardia Systems won 2 new Humanitarian Use Device designations for its 50cc Total Artificial Heart as a cardiac bridge transplant device.

The new HUD designations apply to use with children, smaller women and other people with small stature. The Tuscon, Ariz.-based device manufacturer designed this device as a smaller version of its 70cc temporary Total Artificial Heart, approved in 2004, according to a press release.

Filed Under: Food & Drug Administration (FDA), News Well, Structural Heart Tagged With: Humanitarian Device Exemption (HDE), SynCardia

Medtronic lands Canadian win for epilepsy therapy with brain stim | Regulatory Roundup

April 12, 2012 By MassDevice staff Leave a Comment

MassDevice.com Regulatory Roundup

 Medtronic lands Health Canada win for deep brain stimulation for epileptics

Filed Under: 510(k), News Well Tagged With: Intact Vascular, Masimo, OptiMedica Corp., Piramal Healthcare, Regulatory Roundup, SynCardia, Tangent Medical Technologies Inc.

Allezoe Medical says executive wrote affidavit for lawsuit opponent | Personnel Roundup

March 8, 2012 By MassDevice staff Leave a Comment

Allezoe Medical

Allezoe Medical Holdings (OTC:ALZM) said board member and secretary Hyman White broke its internal rules and possibly state and federal laws when he wrote an affidavit supporting the un-named plaintiff in a lawsuit filed against Allezoe.

Filed Under: Legal News, News Well Tagged With: Allezoe Medical Holdings, Biolase, Personnel Moves, SynCardia

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