• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Opinions
    • Top 30
    • Research
    • Supply Chain
    • Device Sectors
    • Directory
    • Events
    • Resources
    • Microsites
    • More
  • Magazine
  • News
  • Opinions
  • Top 30
  • Research
  • Supply Chain
  • Device Sectors
  • Directory
  • Events
  • Resources
  • Microsites
  • Current / Back Issues
    Features
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Reprints
    Subscribe Now
    Advertise Now
    Top Features
    Transporting Treatment: An Examination of Tubing Technologies

    Outward Appearance: Reviewing Surface Treatment Options

    Face to (Virtual) Face: Telemedicine Now and Post-Pandemic

    Voices for Medtech: AdvaMed and MDMA Leaders Share Thoughts

    Digitize Your QMS via an Enterprise Cloud Platform
    OEM News
    Supplier News
    Service / Press Releases
    Online Exclusives
    Press Releases
    People in the News
    Product & Service Releases
    Supplier News
    Medtech Makers
    Technical Features
    International News
    Videos
    Product & Service Releases
    Live From Shows
    Top News
    MICRO Expands with New Facility in Costa Rica

    DiaSorin to Buy Luminex for $1.8B

    Endologix Acquires PQ Bypass

    Algorithm Can Predict Acute Kidney Injury Sooner Than Hospital Systems

    Elixir Medical Begins Study of Metallic Implant for CAD Treatment
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Transporting Treatment: An Examination of Tubing Technologies

    Outward Appearance: Reviewing Surface Treatment Options

    Face to (Virtual) Face: Telemedicine Now and Post-Pandemic

    Voices for Medtech: AdvaMed and MDMA Leaders Share Thoughts

    Digitize Your QMS via an Enterprise Cloud Platform
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Home Is Where the Heart (Valve) Is

    CGM: Digital Health Meets a Very Large Opportunity

    Biomechanical Engineer, Heal Thyself

    Optimizing MIM in Medical Device Manufacturing

    PPE and Diagnostics: Sourcing Domestically and Speeding Time to Market
    3D/Additive Manufacturing
    Contract Manufacturing
    Electronics
    Machining & Laser Processing
    Materials
    Molding
    Packaging & Sterilization
    R&D & Design
    Software & IT
    Testing
    Tubing & Extrusion
    Cardiovascular
    Diagnostics
    Digital Health
    Neurological
    Patient Monitoring
    Surgical
    Orthopedics
    All Companies
    Categories
    Company Capabilities
    Add New Company
    Outsourcing Directory
    K-Tube Technologies

    Trademark Plastics Inc.

    Spectrum Plastics Group

    Creganna Medical, part of TE Connectivity

    FUTEK Advanced Sensor Technology Inc.
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    EMS Providers Valued for Product Customization, Medical Certification Expertise

    Three Future Trends and Opportunities in Quality Assurance

    Adopting a Data-Driven Quality Model

    Digital Transformation for Quality and Manufacturing

    Digging into the Cardiac Arrhythmia Monitoring Device Market
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    Concise Engineering

    Qosina Corp.

    Trademark Plastics Inc.

    Creganna Medical, part of TE Connectivity

    maxon
    • Magazine
      • Current/Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Editions
      • Subscribe Now
      • Advertise Now
    • News
    • Directory
      • All Companies
      • ALL CATEGORIES
      • Industry Associations
      • Company Capabilities
      • Add Your Company
    • Supply Chain
      • 3D/Additive Manufacturing
      • Contract Manufacturing
      • Electronics
      • Machining & Laser Processing
      • Materials
      • Molding
      • Packaging & Sterilization
      • R&D & Design
      • Software & IT
      • Testing
      • Tubing & Extrusion
    • Device Sectors
      • Cardiovascular
      • Diagnostics
      • Digital Health
      • Neurological
      • Patient Monitoring
      • Surgical
      • Orthopedics
    • Top 30 Company Report
    • Expert Insights
    • Slideshows
    • Videos
    • Podcasts
    • Resources
    • eBook
    • Infographics
    • Whitepapers
    • Research
      • White Papers
      • Case Studies
      • Product Spec Sheets
      • Market Data
    • MPO Summit
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Microsite
      • Companies
      • Product Releases
      • Product Spec Sheets
      • Services
      • White Papers / Tech Papers
      • Press Releases
      • Videos
      • Literature / Brochures
      • Case Studies
    • About Us
      • About Us
      • Contact Us
      • Advertise with Us
      • eNewsletter Archive
      • Privacy Policy
      • Terms of Use
    Breaking News

    Intersect ENT Executive Tapped to Lead Alydia Health

    Company also raises $13.9 million in a Series C financing.

    Related CONTENT
    • GE Healthcare Unveils Voluson SWIFT AI-Enhanced Women’s Health Ultrasound
    • Innovative Health Cleared to Reprocess St. Jude’s Mapping Catheter
    • FDA Launches the Digital Health Center of Excellence
    • Parexel International Executive Joining Tandem Diabetes Board
    • Health Canada Approval for Axonics’ Implantable Neurostimulator
    Business Wire09.23.20
    Alydia Health announced that the company has raised $13.9 million in a Series C financing led by AXA Investment Managers through its Impact Investing Strategy. Existing investors including Global Health Investment Fund and Avestria Ventures also participated in the round.
     
    Proceeds will be used to support the anticipated U.S. commercial launch of the Jada System, an innovative technology designed to rapidly control and treat postpartum hemorrhage (PPH), also known as abnormal postpartum uterine bleeding. Alydia recently completed the pivotal PEARLE IDE Study of the Jada System, and the results have been submitted in a pending 510(k) submission to the U.S. Food and Drug Administration (FDA) for marketing clearance of the device.
     
    In association with the financing, Dr. Zina Affas Besse, managing partner at Global Health Funds, will join the company’s board of directors.
     
    “Alydia Health’s device for postpartum hemorrhage has tremendous potential to improve outcomes for mothers and families around the world,” said Jonathan Dean, head of Impact Investing at AXA Investment Managers. “We are proud to invest in some of the most innovative technologies that address major public health issues worldwide, while generating attractive social and financial returns. Alydia’s technology addresses both of these measures and we look forward to supporting the company through the upcoming launch of the Jada System.”
     
    The company also has appointed seasoned medical device executive Robert Binney as CEO. Binney joins the company from Intersect ENT, where he built a team of 200 employees and grew the company to over $100 million in annual revenue. As chief commercial officer, Binney helped lead Intersect ENT from pre-FDA approval through a successful initial public offering and the launch of three products, while maintaining broad responsibility for the company’s global commercial strategy and execution. Prior to Intersect ENT, Binney worked in leadership roles with both startups and large medical device companies, including Boston Scientific Corp. and AccessClosure, now part of Cardinal Health.
     
    “Alydia is poised to successfully address a serious condition that contributes significantly to maternal mortality in the United States and around the world, and I couldn’t be more excited to join this team during this critical time in the company’s evolution,” said Binney. “I believe in the potential of this unique technology to fill a growing clinical need in postpartum care, and I look forward to leading the company through its next phase of commercialization. We are proud that this esteemed group of investors recognizes the enormous opportunity Alydia represents in transforming innovations in women’s health.”
     
    Binney succeeds Anne Morrissey, who stepped down as the company’s CEO. Colby Holtshouse, previously Alydia’s interim CEO and vice president of Marketing, will assume the role of chief operating officer (COO), building on nearly two decades of experience in medical technology commercialization at industry pioneers such as Guidant, Medtronic plc, and AccessClosure, as well as at several medtech startups.
     
    “We are thrilled to have Rob leading the Alydia team. He has been instrumental in scaling up a number of commercial organizations and his experience bringing medical technologies to market in diverse and competitive environments will prove invaluable to the organization,” said Curt LaBelle, managing partner at the Global Health Investment Fund and member of Alydia’s Board of Directors. “On behalf of the Board, I want to thank Anne for her leadership in positioning Alydia for commercial success, and congratulate Colby on her promotion to COO and for leading the company through this critical time as interim CEO.”
     
    Alydia’s investigational device, the Jada System, is designed to work with the normal contraction of the uterus to rapidly stop excessive bleeding after childbirth. The company recently submitted a 510(k) submission to FDA for the marketing clearance of the Jada System based on results from the pivotal PEARLE IDE Study, which is now pending. 
    Suggested For You
    GE Healthcare Unveils Voluson SWIFT AI-Enhanced Women’s Health Ultrasound GE Healthcare Unveils Voluson SWIFT AI-Enhanced Women’s Health Ultrasound
    Innovative Health Cleared to Reprocess St. Jude’s Mapping Catheter Innovative Health Cleared to Reprocess St. Jude’s Mapping Catheter
    FDA Launches the Digital Health Center of Excellence FDA Launches the Digital Health Center of Excellence
    Parexel International Executive Joining Tandem Diabetes Board Parexel International Executive Joining Tandem Diabetes Board
    Health Canada Approval for Axonics’ Implantable Neurostimulator Health Canada Approval for Axonics’ Implantable Neurostimulator
    Intersect ENT to Buy Fiagon AG Medical Technologies for €60M Intersect ENT to Buy Fiagon AG Medical Technologies for €60M
    Philips Appoints Personal Health Businesses Chief and Head of International Markets Philips Appoints Personal Health Businesses Chief and Head of International Markets
    J&J Releases ‘My Health Can’t Wait’ Educational, Resource Hub J&J Releases ‘My Health Can’t Wait’ Educational, Resource Hub
    BardyDx Appoints President & CEO BardyDx Appoints President & CEO
    Philips Expands Consumer Health Portfolio Philips Expands Consumer Health Portfolio
    PhysioAssist Names Independent Board Member as Executive Chairman PhysioAssist Names Independent Board Member as Executive Chairman
    Bayer Re-Invests in Digital Health Firm One Drop Bayer Re-Invests in Digital Health Firm One Drop
    Colonoscopy-Like Bacteria Grabber Could Uncover Health Secrets Colonoscopy-Like Bacteria Grabber Could Uncover Health Secrets
    Patients With Chronic Conditions Say Remote Monitoring Can Help Better Manage Health Patients With Chronic Conditions Say Remote Monitoring Can Help Better Manage Health
    MedX Commences CEO Search After Chief Executive Resigns MedX Commences CEO Search After Chief Executive Resigns

    Related Breaking News

    • MICRO Expands with New Facility in Costa Rica

      MICRO Expands with New Facility in Costa Rica

      Increases its cleanroom assembly capacity to better serve its medical device customers.
      Charles Sternberg, Assistant Editor 04.13.21

    • Diagnostics
      DiaSorin to Buy Luminex for $1.8B

      DiaSorin to Buy Luminex for $1.8B

      Provides access to proven Luminex multiplexing technology and molecular testing solutions.
      Sam Brusco, Associate Editor 04.13.21

    • Cardiovascular
      Endologix Acquires PQ Bypass

      Endologix Acquires PQ Bypass

      Gains proprietary Detour platform for percutaneous femoral-popliteal bypass.
      Sam Brusco, Associate Editor 04.13.21


    • Algorithm Can Predict Acute Kidney Injury Sooner Than Hospital Systems

      Algorithm Can Predict Acute Kidney Injury Sooner Than Hospital Systems

      Dascena's machine learning diagnostic can foretell Stage 2 or Stage 3 AKI up to 48 hours in advance.
      Michael Barbella, Managing Editor 04.13.21

    • Cardiovascular
      Elixir Medical Begins Study of Metallic Implant for CAD Treatment

      Elixir Medical Begins Study of Metallic Implant for CAD Treatment

      Product is designed to adapt to vessel physiology.
      Michael Barbella, Managing Editor 04.13.21

    • Glooko Raises $30 Million in Series D Funding

      Glooko Raises $30 Million in Series D Funding

      Investment follows most successful year in company history.
      Michael Barbella, Managing Editor 04.13.21


    • Diagnostics
      Avantor to Acquire Ritter GmbH and Affiliates for $1B

      Avantor to Acquire Ritter GmbH and Affiliates for $1B

      Expands proprietary offering for diagnostic and drug discovery workflows.
      Sam Brusco, Associate Editor 04.12.21

    • Neurological
      ZOLL Buys Sleep Apnea Device Maker Respicardia

      ZOLL Buys Sleep Apnea Device Maker Respicardia

      Respicardia's remedē system, an implantable neurostimulator, treats central sleep apnea.
      Sam Brusco, Associate Editor 04.12.21

    • Digital Health
      Digital Diabetes Management Market Projected to Reach $54 Billion by 2027

      Digital Diabetes Management Market Projected to Reach $54 Billion by 2027

      Asia Pacific's annual growth rate is expected to skyrocket 19.5 percent, according to data.
      Michael Barbella, Managing Editor 04.12.21


    • EyeYon Medical Raises $25 Million in Series C Funding

      EyeYon Medical Raises $25 Million in Series C Funding

      Latest round brings the company’s valuation to $36 million.
      Michael Barbella, Managing Editor 04.12.21

    • Survey: Remote Patient Monitoring to Match or Surpass In-Patient Within Five Years

      Survey: Remote Patient Monitoring to Match or Surpass In-Patient Within Five Years

      Poll of healthcare professionals affirms that RPM is set to expand rapidly, largely due to COVID-19.
      Michael Barbella, Managing Editor 04.12.21

    • CMS Establishes New Payment for Pelvalon’s Eclipse System

      CMS Establishes New Payment for Pelvalon’s Eclipse System

      Enables women access to a life-changing therapy for loss of bowel control.
      Charles Sternberg, Assistant Editor 04.09.21


    • Chronic Disease | Software & IT
      Varian, Google Cloud Partner to Bring Convenience to Cancer Therapy

      Varian, Google Cloud Partner to Bring Convenience to Cancer Therapy

      Firms will collaborate to build AI tools for radiation oncology organ segmentation using the Google Cloud AI Platform.
      Sam Brusco, Associate Editor 04.09.21

    • Resonetics Leases New Manufacturing Space in Costa Rica

      Resonetics Leases New Manufacturing Space in Costa Rica

      Plans to add second production facility, doubling its capacity.
      Charles Sternberg, Assistant Editor 04.09.21

    • Seisa Medical Acquires ProtoQuick and Peridot

      Seisa Medical Acquires ProtoQuick and Peridot

      Deal gives Seisa a strong presence in the San Francisco Bay area.
      Michael Barbella, Managing Editor 04.09.21


    Trending
    • Endologix Acquires PQ Bypass
    • Survey: Remote Patient Monitoring To Match Or Surpass In-Patient Within Five Years
    • 5 Ways Plastics Revolutionized The Healthcare Industry
    • Portable, Home-Use Device Quickly Measures Inflammation Levels
    • Heart Failure Treatment Using Electrical Microcurrent Shows Promise
    Breaking News
    • MICRO Expands with New Facility in Costa Rica
    • DiaSorin to Buy Luminex for $1.8B
    • Endologix Acquires PQ Bypass
    • Algorithm Can Predict Acute Kidney Injury Sooner Than Hospital Systems
    • Elixir Medical Begins Study of Metallic Implant for CAD Treatment
    View Breaking News >
    CURRENT ISSUE

    April 2021

    • Transporting Treatment: An Examination of Tubing Technologies
    • Face to (Virtual) Face: Telemedicine Now and Post-Pandemic
    • Outward Appearance: Reviewing Surface Treatment Options
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Review Covers Role of Vitamin K2 in the ‘Calcium Paradox’
    KD Pharma Acquires Rohner AG Manufacturing Assets
    Thorne Healthtech and PreCon Health to Launch Supplements for Pre-, Post-Impact Brain Health
    Coatings World

    Latest Breaking News From Coatings World

    Jebsen & Jessen, Innospec Sign Distribution Agreement
    Sika Expands Production Capacity in Qatar
    Sto Corp. ISO Certifications Extended
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    MICRO Expands with New Facility in Costa Rica
    DiaSorin to Buy Luminex for $1.8B
    Endologix Acquires PQ Bypass
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Catalent Biologics Completes Madison Expansion
    Lonza Expands PyroTec PRO for Endotoxin Testing
    FDA Accepts Airway Therapeutics’ IND for COVID Treatment
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Revieve Launches Skin Coach
    Carlyle Group Acquires Majority Stake in Beautycounter
    The Honest Co. Files for an Initial Public Offering
    Happi

    Latest Breaking News From Happi

    Carlyle To Acquire Majority Stake in Beautycounter
    Clean Hair Brand Vegamour Announces $80 Million in Private Equity Funding
    Tri-K Industries Appoints Sales Executive for West Coast
    Ink World

    Latest Breaking News From Ink World

    Kumon North America Adds Speedmaster XL 106 from Heidelberg
    SE-DA Invests in Kornit Presto S
    Iron Oxide Pigments Market to Register 4.7% CAGR from 2021 to 2028: GVR
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Enprom helps converter respond to flexible packaging needs
    anytron assists medical device company with labeling
    Dantex debuts new capabilities with white ink opacity
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Aries Face Masks Meet ASTM Standards
    Tufropes Launches Inherently Antibacterial and Antimicrobial Spunbond
    NXTNano Adding Three Lines
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    GreenBone Ortho Closes 10 Million Euros Series B Funding Round
    SynerFuse, Cirtec Medical Partner to Develop Back Pain Management Device
    New Biosealant Could Stabilize Cartilage, Boost Healing After Injury
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Virtual ASMC 2021 Spotlights Advanced Semiconductor Manufacturing Excellence
    First Solar Series 6 CuRe has Industry’s Lowest Warranted Degradation Rate
    SEMI: 2020 Global Semiconductor Equipment Sales Surge 19% to Industry Record $71.2 Billion

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login