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Health Canada approves Fujifilm’s Vevo HD ultra-high-frequency ultrasound device
Fujifilm Sonosite Inc. subsidiary Fujifilm VisualSonics Inc. said today that it won approval from Health Canada for its Vevo Med ultra-high-frequency clinical ultrasound device. The device operates at...
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ViewRay brings in $26m from private placement
ViewRay (NSDQ:VRAY) said today it raised $26.1 million in a private placement of common stock and warrants to support the ongoing commercialization of its MRIdian linear accelerator tech. In the...
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Advanced Cooling Therapy wins CE Mark for esophageal cooling device
Advanced Cooling Therapy said today that it won CE Mark approval in the European Union for use of its esophageal cooling device with Stryker‘s (NYSE:SYK) Altrix Precision Temperature Management System....
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Medtec Report: China increases focus on med device development
Regulators in China are looking to promote and increase the localization and development of medical devices in the region and grow the market significantly, according to a report from industry group...
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MassDevice.com +5 | The top 5 medtech stories for January 19, 2017
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s...
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Xtant Medical floats shares, promissory notes for interest payments
Xtant Medical (NYSE:XTNT) this week announced new rounds of fund raising, closing a direct offering of shares and the offering of new promissory notes to pay interest due on existing indenture notes....
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Augmented reality will change the way you view surgery
Royal Philips, a leader in integrated image-guided therapy solutions, recently developed an augmented reality approach to spinal surgery, helping surgeons perform image-guided open and...
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Fraud conviction stands, but $13m penalty to be reevaluated for ex-Heart...
A federal appeals court this week ruled that a $13.2 million penalty against former Heart Tronics CEO Mitchell Stein should be reevaluated, but upheld an associated fraud conviction. Stein was...
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Bovie Medical inks distro deal for PlazXact Ablator
Bovie Medical (NYSE:BVX) said today it inked a global sales channel partnership deal with ConMed (NSDQ:CNMD) for its PlazXact Ablator. As part of the deal, Utica, N.Y.-based ConMed’s PlazXact Ablator...
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FDA Advisory Committees: Independent, Informed, Essential, and Evolving
By: Robert M. Califf, M.D. One of the most common concerns raised when I meet with medical leaders is the need to improve the function of FDA’s Advisory Committees (ACs). ACs play a key role in FDA’s...
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GE shares slide on sales miss, despite healthcare contributions
Shares in GE Healthcare (NYSE:GE) slid today before the market opened before sliding a further -2% after the industrial conglomerate missed top-line expectations for the 4th quarter and full year,...
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Patent board invalidates RainDance patent for obviousness
The Patent Trial and Appeal Board invalidated a RainDance Technologies patent earlier this week for obviousness. The patent, which covers a method for manipulating the size of liquid droplets used in...
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Cytori buys Azaya’s nanoparticle tech in stock deal
Cytori Therapeutics (NSDQ:CYTX) said this week that it bought San Antonio-based Azaya Therapeutics and its nanoparticle cancer drugs in a stock deal. Azaya shareholders will receive $2 million in CTYX...
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J&J’s Ethicon picks up electrosurgical tool maker Megadyne Medical
Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon Endo-Surgery said today that it paid an unspecified amount for Megadyne Medical Products, 4 years after inking a collaboration deal with the...
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Smith & Nephew pulls the trigger on planned CFO succession | Personnel Moves
Smith & Nephew (NYSE:SNN) said last week that CFO Julie Brown left the orthopedics & wound care company, after announcing her succession last July. Brown was named finance chief in November...
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How to Ramp Up Bioabsorbable Production While Decreasing Piece Part Price
When OEMs prepare to increase production volume of a micromolded component, many focus on multi-cavitation tooling as a strategy to reduce piece part price. While increasing cavitation may be a...
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iHear Medical closes $4m Series C-2
iHear Medical said today it closed a $4.1 million Series C-2 round of financing, with funds slated to support the upscaling of manufacturing and distribution of its hearing products. The round was led...
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Kaleo announces US availability, pricing of allergy auto-injector
Kaléo Inc. said yesterday that its Auvi-Q epinephrine auto-injector will be available by prescription in the U.S. beginning Feb. 14th. The Richmond, Virginia-based company’s emergency allergy treatment...
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Amedica sets the price on $4.5m round
Amedica (NSDQ:AMDA) today priced an upcoming public offering, looking to raise approximately $4.5 million in the round. The Salt Lake City, Utah-based company is looking to offer shares at 51¢, each...
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BioSig taps Minnetronix to develop Pure EP prototype
BioSig Technologies (OTCQB: BSGM) issued a letter to its shareholders today, updating them on the company’s recent developments and revealing that it tapped Minnetronix to develop the 1st version of...
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