VC group MTVP raises $25m of $60m for medtech fund

From Medical Design & Outsourcing

• OKW Enclosures’ handheld medtech cases see pandemic sales boost
  OKW Enclosures is reporting an uptick in interest in its medical electronic enclosures during the coronavirus pandemic, particularly its Carrytec handheld cases. Carrytec is designed for medical diagnostics, therapy and laboratory devices, emergency systems, monitoring and alarms. Other applications include test and measurement, communications, mobile terminals, data collection, smart factory and machine building, according to… […]
• Smiths Medical lands major vaccine-related contract
  Smiths Medical announced today that it has landed a federal contract to produce more than 78 million syringe-and-needle units and $20 million in federal funding to expand its Keene, N.H. plant to produce them. The Plymouth, Minn.-based company said it received an order for 78.6 million syringe and needle units and that BARDA and the… […]
• MµShield completes years-long expansion project
  MµShield (Londonderry, N.H.) today announced the completion of a years-long expansion of its manufacturing facility.  The 12,000 square-foot expansion will feature ~6,000 ft2 of new manufacturing space, 8 new offices for MµShield employees, and a state-of-the-art magnetic testing room to bolster the company’s magnetic shielding operation and service.  Twenty percent of the increased footprint will… […]
• XPrize sets $1m mask challenge
  The XPrize global invention competition has announced a contest to develop a reimagined surgical face mask to protect against COVID-19. The 8-month contest is open to innovators age15 to 24 to come up with a face mask that will overcome common barriers to use. The three winning teams will split a $1 million prize purse… […]
• Dynatronics, Millstone Medical ink distro deal
  Dynatronics said today that it has entered into a master service agreement with Millstone Medical Outsourcing to provide fulfillment and distribution services. The agreement calls for Millstone (Fall River, Mass.) to store and distribute products as directed by Salt Lake City-based Dynatronics for a period of 3 years, with an automatic 1-year renewal. Dynatronics management… […]
• Integer wins appeal in patent dispute with AVX
  An appeals court has upheld a $22.2 million jury verdict in a long-standing patent spat between Integer Holdings (NYSE:ITGR), formerly known as Greatbatch, and AVX, now part of Kyocera. In a ruling released today, a three-judge panel of the U.S. Court of Appeals agreed with a lower court decision that AVX intentionally infringed certain Integer patents… […]
• 3M, MIT working on paper-based, rapid COVID-19 test
  3M (NYSE:MMM) announced today that it is working with Massachusetts Institute of Technology (MIT) researchers to develop a paper-based, rapid test to detect the virus that causes COVID-19, with the potential to manufacture millions of tests per day. The test would detect viral antigens and deliver “highly accurate results within minutes” via a paper-based device, according… […]
• How to make amazing medtech hires
  It begins with an open mind and asking the right questions, and it ends with honesty and putting your best foot forward. John Compton, Agile Search Although the economic environment has no doubt changed the way you make strategic decisions, hiring the top talent within your sector will always be a competitive advantage. Your goal… […]
• Siemens Healthineers, DHL Supply Chain to create distribution facility in Memphis
  Siemens Healthineers (ETR: SHL) and DHL Supply Chain announced today that they have inked a comprehensive U.S. service logistics agreement. The agreement includes the two companies creating a 260,000 ft2 distribution center that DHL will operate in Memphis, Tenn. Under a 10-year service agreement, the Siemens Healthineers distribution operation will occupy more than half of a 422,000… […]
• Diagnostic imaging plus additive manufacturing yields custom implants
  Combining diagnostic imaging technologies with the design freedom of additive manufacturing has opened up new opportunities in prosthetics, enabling custom patient devices and improving the effectiveness of diagnosis, planning, surgery and clinical outcomes. Surgeons mainly use custom implants when bone geometry is not within the dimensional range of standard implants, when there are special requirements… […]
• CVRx CEO Nadim Yared suggests steps toward improving diversity and equality
  In this week’s episode of DeviceTalks Weekly, we follow up with last week’s guest, Nadim Yared, CEO of CVRx, to catch up on how the medtech executive is managing during the pandemic. Yared also shares some far-reaching views on what the medtech industry needs to work toward to improve diversity in its workforce and provide… […]