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Court approves Nuo Therapeutics bankruptcy plan
Wound care company Nuo Therapeutics (OTC:NUOT) said yesterday that a federal court in Delaware approved a bankruptcy plan that would either see it continue as an independent company or become 95% owned...
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Sensus Healthcare postpones IPO
Sensus Healthcare reportedly postponed its initial public offering today, after setting terms earlier this month with a midpoint raise of $20 million. Boca Raton, Fla.-based Sensus makes the SRT-100...
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Medtronic launches Nuro overactive bladder treatment
Medtronic (NYSE:MDT) said today it launched its Nuro system designed for treating overactive bladder with symptoms of urinary urgency, urinary frequency and urge incontinence. The Fridley, Minn.-based...
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Quantel Medical wins $3m contract with India Defense Dept.
Ophthalmic device company Quantel Medical said today won a $3.4 million (EU €3 million) contract for ophthalmic laser equipment from India’s Ministry of Defense. Through the deal, signed by the...
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Neovasc gains on Q4, 2015 results
Neovasc (NSDQ:NVCN) shares are up today after the replacement heart valve maker posted its 4th-quarter and 2015 results yesterday, despite wider Q4 losses on a nearly -25% sales decline....
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Xtant Medical wins FDA nod for spinal laminoplasty system
Xtant Medical said today its X-Spine Systems subsidiary won FDA 510(k) clearance for its Xspan laminoplasty fixation system designed for use in the lower cervical and upper thoracic spine. Spinal...
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FDA clears LED Dental’s Tuxedo dental radiography device
LED Medical Diagnostics (TSX:LMD) said today its subsidiary LED Dental won FDA 510(k) clearance for its Tuxedo digital intraoral radiography system. The Atlanta, Ga.-based company’s Tuxedo imaging...
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FDA: Cook Medical central venous cath recall is Class I
The FDA today labeled Cook Medical‘s recall of its central venous catheter and pressure monitoring sets and trays as Class I over issues with tip splitting and separation. The devices being recalled...
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MassDevice.com +5 | The top 5 medtech stories for March 30, 2016
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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Biotech investor Steve Burrill to pay $6m, banned from trading
Once-prominent biotech investor Stephen Burrill is barred from the securities industry and will pay nearly $6 million to settle SEC charges that he looted investment funds to cover losses in other...
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Precision Biopsy asks FDA to OK new ClariCore trial
Precision Biopsy said today it submitted an application to the FDA seeking a go-ahead to expand the trial of its ClariCore prostate biopsy system into a new Transrectal Ultrasound and MR/Fusion arm....
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Newly developed exoskeleton mimics human knee
Mechanical engineers from ETH Zurich have developed a prototype exoskeleton, the VariLeg, which they say more accurately mimics natural knee gait to give it an advantage on uneven terrain. The newly...
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AcuFocus raises $4m debt round
AcuFocus, which makes the Kamra eye inlay for treating nearsightedness, said it raised nearly $4.1 million in a round of debt funding. Irvine, Calif.-based AcuFocus said in a regulatory filing that the...
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An Infographic: Comparing Drugs & Devices Trials
Several years ago, IMARC Research published a whitepaper outlining the differences between Drug and Medical Device clinical trials. Since IMARC focuses primarily on medical device trials, we felt it...
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Priorities – Teamwork to achieve common goals
By: Robert M. Califf, M.D. With my appointment as Commissioner of Food and Drugs comes a rare and humbling opportunity—to make a positive difference at an institution that does vitally important work...
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Medtronic wins expanded indication for Pillcam Colon 2
Medtronic (NYSE:MDT) said today that the FDA granted an expanded indication for the Pillcam Colon 2 device it acquired along with Covidien last year. The new indication covers the detection of colon...
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He sold his first startup to Medtronic. Now he’s developing an even better...
Welcome to the Medsider interview series, a special new feature at MassDevice, which will appear regularly. All interviews are conducted by Scott Nelson, Founder of Medsider and Partnership Lead at...
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Stryker takes its time with Mako’s Triathlon total knee
Stryker (NYSE:SYK) is taking its time getting the Mako robot-assisted Triathlon total knee device on the market, despite having won FDA approval last August. Admitting that the integration of Mako...
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Harvard Apparatus rebrands as Biostage
Harvard Apparatus Regenerative Technology (NSDQ:HART) said today it is rebranding as Biostage, Inc. and shifting its Nasdaq symbol to “BSTG”, effective April 1. The company said the brand shift...
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Video: Researchers develop “bionic” heart patch
Researchers at the University of Tel Aviv had developed a proof-of-concept “bionic patch” designed to monitor and treat heart conditions in real time, according to a report from Reuters. The patch...
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