Elucid closes $80m Series C for AI cardiovascular risk diagnostic tool
Elucid says its software produces a dynamic, three-dimensional view of arteries, which its algorithms use to quantify vessel structure and plaque composition. Image credit: Shutterstock/Mirexon. Elucid has raised $80m in a Series C financing round led by Elevage Medical Technologies to advance its artificial intelligence (AI)-powered diagnostic tools. The funding, which Elucid said had participation […]
Yourgene and Laboriad establish first NIPT platform in Morocco
The prenatal screening tool can predict the risk of fetal trisomy 21 (Down’s syndrome), trisomy 18 (Edwards’ syndrome), or trisomy 13 (Patau’s syndrome) and the sex of the foetus. Credit: Alex SG/Shutterstock Yourgene Health, a subsidiary of diagnostics group Novacyt, is working with Laboriad (Centre de Biologie Riad) to install the first non-invasive prenatal testing […]
How self-lubricating silicones improve the performance of needleless valves
Needleless valves are important components of safe vascular access systems for intravenous infusion and blood sampling. By eliminating the use of needles and allowing multiple usage, they reduce the risk of accidental needle-stick injury for caregivers, improve comfort for patients, and reduce the likelihood of catheter site infections. “With needleless valves, catheterization is performed once […]
Acorai wins €2.3m grant to help fund trial for heart monitoring device
The device uses a mixture of sensor modalities to generate data that is then decoded into cardiac insights by machine learning software. Image credit: Shutterstock/Sergey Nivens. Cardiology start-up Acorai has secured a €2.3m ($2.46m) grant with a follow-on €10m ($10.70m) investment from the European Innovation Council (EIC) to advance its non-invasive intracardiac pressure monitoring device. […]
Artificial intelligence in the medical devices industry set for rapid growth
The use of AI in decreasing error rates of cancer detection has already been well demonstrated. Credit: MUNGKHOOD STUDIO via Shutterstock. Artificial intelligence (AI) has increasingly been permeating many industries in the last few years, and among them is the medical devices industry. Like in many other industries, AI is particularly useful in accelerating the […]
HeartBeam continues to shine with third patent for cardiac patch
The large global ECG patch market is estimated to reach $4.8 billion by 2030. Credit: itakdalee/Shutterstock US based cardiac technology company HeartBeam has been awarded a third US patent for its 12-lead extended wear patch. The latest patent was granted by the United States Patent and Trademark Office, bringing the company’s total number of patents […]
Roche’s MS test scores FDA breakthrough device designation
Multiple sclerosis is a high-grossing indication for Roche. Image Credit: JHVEPhoto / Shutterstock. Roche has received a breakthrough device designation from the US Food and Drug Administration (FDA) for its Elecsys neurofilament light chain (NfL) test. The Elecsys NfL test is intended for detecting disease activity in adults, aged 18-55 years, with relapsing-remitting or secondary […]
Jana Care raises $6m to advance commercialisation of blood tests
Jana Care will use the funds to boost the development of its quantitative blood testing platform Credit: Tatiana from Pixabay. Jana Care has raised $6m in the Series B financing round, to complete the commercialisation of its self-administered blood tests for kidney and heart disease. The financing round saw participation from both new and existing […]
GE HealthCare, Masimo to combine SET and Portrait Mobile platform
GE’s Portrait Mobile is developed as an Internet of Medical Things platform for delivering an end-to-end experience for wearable continuous monitoring. Credit: Poetra.RH / Shutterstock.com. GE HealthCare and Masimo have signed an agreement for the integration of Masimo Signal Extraction Technology (SET) pulse oximetry with the Portrait Mobile wireless and wearable patient monitoring solution. Leveraging […]
Xenter unveils new wireless guidewire for TAVR procedures
The wireless guidewire is designed for use during transcatheter aortic valve replacement procedures. Credit: Xenter / Business Wire. US-based Xenter has unveiled a new dual-sensor investigational guidewire for use during transcatheter aortic valve replacement (TAVR) procedures. Claimed to be the first of its kind, the wireless guidewire assists in gathering a wide range of key […]