Safeguard Scientifics (NYSE:SFE) led a $7 million Series A financing round for health care IT company Medivo that provides data analytics and lab testing services.
ThermalTherapeutic Systems Inc. received clearance from the Food & Drug Administration to begin selling its flagship portable perfusion device, which is used to pump fluid into the abdomen or chest cavity of patients suffering from hypothermia.
FDA clearance of the Veratherm Portable Hyperthermic Perfusion System is a “critical step” for the company, which will begin selling the device next month, according to a press release.