Connecticut-based Z-Medical announced this month that it acquired the Novacol resorbable hemostatic product line from rival TAUREON, headquartered in The Netherlands.
TAUREON said that it hopes to focus more on its core businesses, giving over the Novacol line to Z-Medica and its vast distribution network. The companies did not disclose the terms of the deal.
The newly formed medtech alliance comprised of Kinetic Concepts, LifeCell and Systagenix posted collective figures that put the group in the red for Q4, a recent SEC filing shows.
Bruin Biometrics said it closed an oversubscribed funding round that beat its target by nearly $2.7 million.
The Los Angeles-based company, which makes biometric sensors designed to detect tissue damage in wounds, joints and orthopedic implants, said the $10 million round came in well aboce its goal.
MASSDEVICE ON CALL — Wound Care Advantage is looking to bring Google Glass to outpatient wound care settings, teaming up with telehealth systems maker Pristine to develop hands-free clinical support through the wearable technology.
WCA hopes to leverage Pristine’s EyeSight technology, the only HIPAA-compliant video communications platform developed for Google Glass and healthcare settings. The program streams real-time audio and video to a variety of mobile technologies, including iOS and Android devices as well as Macs and PCs.
ZipLine Medical raised $4.3 million in a Series C financing round, led by Boston based-venture capital firm RA Capital Management.
Campbell, Calif.-based ZipLine develops and markets low-cost, non-invasive surgical skin closure devices, an alternative to using staples. The company hopes to cut down on surgical site-related infection through its method.