Trice Medical said today that it inked a deal to acquire SegWay Orthopaedics for an undisclosed amount. SegWay Ortho produces solutions for minimally invasive orthopedic procedures, including its flagship Endoscopic Carpal Tunnel Release system, a device intended to support minimally invasive carpal tunnel surgeries, Malvern, Penn.-based Trice Medical said. The company’s SegWay platform is also used […]
Trice Medical said today that it added more than $18 million to the $19 million Series C round it closed back in 2017. Malvern, Pa.-based Trice, which makes the Mi-eye 2 and Mi-ultra orthopedic diagnostic devices, first closed its $19.3 million C round in June 2017. That tranche was led by Smith & Nephew (NYSE:SNN) and included Safeguard Scientifics (NYSE:SFE), […]
Second Sight Medical (NSDQ:EYES) said last week it named John Blake as its new chief financial officer, succeeding Thomas Miller who has held the position since 2014. Before joining Second Sight Medical, Blake acted as finance senior VP at Tyr Pharma, and has held positions with Volcano Corp and BD Biosciences, the company said. Blake worked with […]
Trice Medical said today it closed a $19.3 million Series C financing round, joined by major player Smith & Nephew (NYSE:SNN), with funds slated to support US market penetration of its mi-eye2 orthopedic diagnostic device. Newly invested Smith & Nephew was joined by Safeguard Scientifics, HealthQuest Capital, BioStar Ventures and other unnamed returning investors in the round. […]
Novadaq co-founder Mangat tapped for CEO Novadaq Technologies (TSE:NDQ) said Wednesday that it tapped co-founder and co-inventor of the company’s SPY imaging technology Rick Mangat as its new president and CEO, taking over for Arun Menawat who has resigned to pursue other opportunities. Mangat previously served as senior veep and general manager at Novadaq. “I […]
Trice Medical said it raised the 1st tranche of an $11.6 million Series B round and named medtech veteran Jeffrey O’Donnell Sr. as its new CEO.
Trice Orthopedics said it closed a bridge loan financing worth about $3 million.
The King Of Prussia, Pa.-based medical device company said BioStar Ventures led the round, along with Millennium Life Sciences, existing investors and several new private backers.
Dr. Robert Wah was named president-elect of the American Medical Assn., the nation’s largest network of physicians. Wah, who served on the AMA board from 2011 to 2012, will be officially sworn in as president after a year as president-elect.