Financial & Business News
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Does China’s Leading Place in the Global Medtech Market Reflect the Commercial Reality?
China is the world’s second-biggest market, behind the US, with activities principally focused on its own internal market.Online Exclusives Ivor Campbell, Chief Executive of Snedden Campbell 04.22.24
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Chronic Disease
Elekta, GE HealthCare's MIM Software Begin Radiation Therapy Partnership
The eventual treatment applications will be vendor-agnostic, using auto-contouring and treatment planning software solutions.Sam Brusco, Associate Editor 04.22.24
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Cardiovascular
Smart AED Maker Avive Pockets $56.5M in Growth Funding
The company said the new funds will be used to boost its U.S. commercial developments and expand its team with top talent.Sam Brusco, Associate Editor 04.19.24
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Surgical
MMI Nets $110 Million in New Financing Round
Largest ever investment in microsurgery will further MMI’s mission to improve open surgery with robotic technology.Michael Barbella, Managing Editor 04.19.24
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Kindeva Drug Delivery Appoints Denis Johnson as COO
Most recently, Johnson was head of global manufacturing and technical operations at Biogen.Sam Brusco, Associate Editor 04.19.24
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University Medical Devices Raises Initial Seed Funding Round
Money will be used to launch a nasal specimen collection device for diagnosing upper respiratory infections.Michael Barbella, Managing Editor 04.18.24
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Cardiovascular
Reprieve Cardiovascular Emerges From Stealth Mode With $42M Financing
Money will enable the company to advance current and future clinical programs.Michael Barbella, Managing Editor 04.17.24
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Diagnostics
Bayer, Hologic Team Up to Deliver Contrast-Enhanced Mammography
The offering merges Hologic’s mammography technologies and Bayer’s CEM contrast delivery system.Sam Brusco, Associate Editor 04.12.24
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STERIS to Sell Dental Segment to Peak Rock Capital
The sale is expected to close in the first quarter of fiscal 2025 and will allow STERIS to repay debts.Rachel Klemovitch, Assistant Editor 04.11.24
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New Funding Round Nets Ezra $21 Million
New capital will be used to expand across all major U.S. metro areas and continue building AI tech to make full body MRI scans more affordable.Michael Barbella, Managing Editor 04.11.24
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Cardiovascular
Procyrion Closes $57.7 Million in Series E Financing
Money will be used to fund a clinical trial evaluating the company's catheter-deployed pump, Aortix.Michael Barbella, Managing Editor 04.11.24
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Philips Agrees to Consent Decree with DOJ, FDA Over Respironics Recall
The decree, with limited exceptions, restricts production and sale of new sleep and respiratory devices.Sam Brusco, Associate Editor 04.10.24
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Stellar Sleep Nets $6 Million in Funding
The money will enhance help the company further expand its technology's capacity and reach.Michael Barbella, Managing Editor 04.08.24
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Oversubscribed Funding Round Nets Acorai Millions of Dollars
The round was led by Solardis Health Ventures.Michael Barbella, Managing Editor 04.05.24
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ACQUANDAS Sells Equity Stake to Synchron
As part of the deal, Synchron's CEO joins the ACQUANDAS Governance Council.Michael Barbella, Managing Editor 04.05.24
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Cardiovascular
Johnson & Johnson to Acquire Shockwave Medical in $13.1 Billion Deal
Shockwave is the first-to-market provider of intravascular lithotripsy (IVL) tech to treat calcified CAD and PAD.Sam Brusco, Associate Editor 04.05.24
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Series C Funding Round Nets Avation Medical Over $22 Million
Company intends to use the money to jump-start sales of its closed-loop wearable neuromodulation technology for bladder treatment.Michael Barbella, Managing Editor 04.04.24
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Wytech Industries Acquires Silvertip & Associates
This acquisition strengthens Wytech’s precision grinding capabilities with a new division in Minneapolis, MN.Rachel Klemovitch, Assistant Editor 04.04.24
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Chronic Disease | Patient Monitoring
Biolinq Raises $58M for Intradermal Glucose Sensor Pivotal Trial
Biolinq’s wearable patch has an array of tiny, electrochemical sensors that measure glucose levels just below the skin's surface.Sam Brusco, Associate Editor 04.04.24
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Patient Monitoring
Philips, smartQare Forge Continuous Patient Monitoring Partnership
Wearable biosensors backed by monitoring platforms could help reduce clinical workload and length of hospital stay.Sam Brusco, Associate Editor 04.04.24
