Category Archives: Uncategorized

Short investor targets Pulse after run-up driven by ex-Pharmacyclics execs’ buy-in

By Stacy Lawrence, Staff Writer A tissue treatment device that can participate in the biotech-driven immuno-oncology fervor of the last few years may sound too good to be true. That’s precisely the case being made by long-short hedge fund Kerrisdale…

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Front-wheel drive ‘capsule robot’ seeks colonoscopy outcome improvements

By Marie Powers, News Editor CHICAGO – An 18 millimeter capsule colonoscope, outfitted with an internal magnet and guided by an external magnet attached to a robotic arm, may represent the next generation of colonoscopy technology, according to findings presented…

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Something up your sleeve? Endoscopic gastroplasty effective for weight loss

By Marie Powers, News Editory CHICAGO – Conventional weight loss surgery – whether laparoscopic banding or laparoscopic sleeve gastrectomy – represents an important treatment option for individuals struggling to fight obesity. Not every patient seeking weight loss surgery is a…

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Cerus slips as revenues weak amidst wait for FDA guidance, red blood cell expansion

By Stacy Lawrence, Staff Writer Cerus Corp. is optimistic that its Intercept blood system will become the standard of care in the U.S. when it comes to pathogen reduction in donor plasma and platelets. But it’s been more than a…

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Livanova buys Caisson in bid to lead in TMVR

By Stacy Lawrence, Staff Writer Livanova plc sees transcatheter mitral valve replacement (TMVR) is coming up next as a multibillion segment following on TAVR. To secure what it expects will be market-leading technology, the London-based company has acquired Maple Grove,…

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KKR, Aisling Capital enter med-tech ACT with $45M investment via Ajax Health

By Stacy Lawrence, Staff Writer Hedge fund giant KKR sees opportunity in a new investment approach to the medical device space. Alongside life science private equity player Aisling Capital, KKR has created Ajax Health to enable it to provide financial…

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Spending bill ignores president’s calls for NIH, FDA cuts as HHS gets $2.8B bump

By Mari Serebrov, Regulatory Editor True to their word, U.S. lawmakers are pushing forward with plans to give the NIH its second consecutive $2 billion funding bump. Included in an omnibus spending bill Congress is slated to vote on in…

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Epic Sciences in $40M series D round to further develop liquid biopsy tests

By Omar Ford, Staff Writer Epic Sciences Inc. raised $40 million in a series D round, proving investors still have strong interest in the 9-year-old liquid biopsy specialist. The San Diego-based company has taken in about $85 million since it…

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Collaboration is key to innovation in growing digital health care market

By Omar Ford, Staff Writer ATLANTA – The digital health market is growing. Taking in about $76.7 billion in 2015, the burgeoning space is sustained through partnerships. However, some smaller med-tech companies often have difficulties partnering with larger companies to…

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Device hacking, cybersecurity becoming growing concerns for med-tech companies

By Omar Ford, Staff Writer ATLANTA – Cybersecurity threats are becoming increasingly prevalent in the med-tech industry. Large companies are not immune to these attacks and are in some cases more of a target than smaller firms. Earlier this month…

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