Category Archives: Uncategorized

Perkinelmer seeks to strengthen diagnostics position with $1.3B acquisition of Euroimmun

By Omar Ford, Staff Writer Perkinelmer Inc. has set its sights on beefing up its diagnostics offerings with a proposal to acquire Euroimmun Medical Laboratory Diagnostics AG, a private company, for $1.3 billion. If the deal goes through, then the…

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Evasc gains C$10M series A round for pivotal U.S. trial of cerebral aneurysm clip

By Stacy Lawrence, Staff Writer Wide-neck bifurcations in cerebral aneurysms are among the most difficult to treat. Vancouver start up Evasc Neurovascular Enterprises ULC has developed the Eclips Aneurysm Remodeling System; it’s expected to offer a potential new standard-of-care, particularly…

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Stryker boosts 3-D printing manufacturing efforts with GE Additive partnership

By Stacy Lawrence, Staff Writer Orthopedics giant Stryker Corp. has long been committed to advancing 3-D printing in its manufacturing. It has completed a facility dedicated to 3-D manufacturing in Carrigtohill, County Cork, Ireland, and is now in the midst…

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Centogene nabs €25M to go global with genetic diagnostics for rare diseases

By Stacy Lawrence, Staff Writer Centogene AG already has revenues from patient use of its expansive genetic testing portfolio for orphan disease patients – as well as from biopharma partnerships including a deal with rare disease specialist Shire plc. Now,…

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Myomo offers robotics industry IPO

By Katie Pfaff, Staff Writer Medical robotics company Myomo Inc. goes public with IPO offering of $5 million at $7.50 per share. The Cambridge, Mass., company specializes in mobility devices for the arms and hands. The company’s initial public offering…

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Witness says good luck may have spared U.S. in WannaCry outbreak

By Mark McCarty, Regulatory Editor Cybersecurity in the health care arena is proving more difficult as hackers forge ahead of responses to those threats, and some believe that medical devices and electronic health records are unusually susceptible to hacking. Leo…

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Edwards Lifesciences is first in mitral valve repair with FDA approval of Sapien 3

By Katie Pfaff Staff Writer Edwards Lifesciences Corp. won FDA approval for its Sapien 3 transcatheter heart valve device for aortic and mitral valve-in-valve procedures. The Irvine, Calif.-based company leads the way in a burgeoning sector of the market with…

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Angiodynamics files antitrust lawsuit against C.R. Bard regarding PICC line

By Omar Ford Staff Writer Angiodynamics Inc. has filed a lawsuit against C.R. Bard Inc., claiming the Murray Hill, N.J.-based company has violated antitrust laws with its catheter tip locators. The lawsuit was filed in the U.S. District Court for…

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Saluda Medical evokes funding from two industry heavyweights in series D round

By Omar Ford Staff Writer Saluda Medical Pty Ltd. is spreading its roots in both the neuromodulation space and the developing bioelectronics medicine market with its latest funding round. The Artarmon, Australia-based company has secured $40 million in an all-equity…

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Cybersecurity on tap for ransomware threat

By Mark McCarty Regulatory Editor The FDA’s latest cybersecurity workshop was inevitably topical, given the rapidly shifting range of threats to device security, but the workshop took place as the Wannacry ransomware crippled hospitals around the world, making this a…

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