Inovedis receives funding for SINEFIX implant system
The SINEFIX system enables refixation of the rotator cuff tendon to the bone. Credit: create jobs 51/Shutterstock.com. Medical technology start-up Inovedis has raised $4m through a Series A funding round for its SINEFIX implant system. The funding round involved participation from all the company’s initial seed round investors, comprising MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg, Volksbank Albstadt […]
Standard BioTools and SomaLogic join forces in $1bn merger
The collaboration between the two companies will expand their commercial reach. Credit: PopTika via www.shuttershock.com Standard BioTools and SomaLogic have entered into a merger agreement worth over $1bn, to become the industry leader formulti-omics tools for research. Somalogic shareholders will receive 1.11 shares of Standard BioTools’ common stock for every share owned by SomaLogic. Standard […]
Lumicell co-founder wins Nobel Prize in Chemistry
The Nobel Prize for chemistry was awarded for research into the field of Quantum Dots. Credit: Shutterstock / Jeppe Gustafsson The co-founder of a fluorescence-guided imaging technology firm has been awarded part of the Nobel Prize in Chemistry in acknowledgement of his research into quantum dots. The Nobel Prize Committee said that Moungi Bawendi revolutionised […]
Pathnostics receives approval from NYSDOH for Guidance UTI test
The test helps quickly diagnose and accurately treat recurrent, complicated and persistent UTIs. Credit: CDC on Unsplash. Pathnostics has received approval from the New York State Department of Health (NYSDOH) in the US for its Guidance urinary tract infection (UTI) test. Approved through the NYSDOH Clinical Laboratory Evaluation Programme, the test enables urologists and urogynecologists […]
Medical Device Network Excellence Awards 2023: HORIBA Medical
HORIBA Medical is a Category Award Winner for Environmental, Innovation, and Product Launches in the 2023 Medical Device Network Excellence Awards. A recently updated compact instrument range, comprising the Yumizen H500 (open and closed tube sampling options) and the Yumizen H550 (autoloading) is a winner in the Innovation and the Product Launch categories. The analyzers […]
CereVasc hits milestones in pilot studies of eShunt system for hydrocephalus
Hydrocephalus is a build-up of cerebrospinal fluid in the brain, which creates an increase in pressure. Image credit: Shutterstock/Life science. CereVasc has treated a thirtieth patient with its eShunt implant. The procedure is part of ongoing pilot studies being conducted in the US and Argentina investigating the company’ less invasive therapy for the treatment of […]
Clarix Imaging raises $10m for 3D breast cancer imaging platform
Clarix Imaging’s device enables real-time assessment of specimens in the operating room for lumpectomy procedures. Image credit: Shutterstock/Gumpanat. Clarix Imagining has raised $10m in funding from Swiss investment firm kineo finance. The Chicago-headquartered company, already backed by the National Institutes of Health (NIH), has developed image reconstruction technology, which it is applying to breast cancer […]
Rology secures FDA 510(k) clearance for teleradiology platform
Rology claims the on-demand and 2-sided teleradiology platform is the first of its kind to receive FDA 510(k) Class II clearance. Credit: Virrage Images/Shutterstock An artificial intelligence (AI) assisted teleradiology platform, from Rology has secured US Food and Drug Administration (FDA) 510(k) clearance as a Class II Medical image management and processing system. The image […]
Spanish hospital trials AI app to monitor for heart failure
The app, developed by AstraZeneca, has already been tested and validated in Israel and the United States. Credit: Shutterstock / mi_viri A Spanish hospital has announced a pilot program to trial a smartphone app intended to monitor patients for signs of heart failure through voice alone. The app, named HearO, is designed to monitor a […]
FDA approves BodyCAP’s eCelsius Medical System
The device is adapted for medical use to measure core body temperature in patients for diagnostic or therapeutic purposes. Credit: Steve Buissinne from Pixabay. The US Food and Drug Administration (FDA) has granted approval for French MedTech company BodyCAP’s connected medical device, eCelsius Medical System. It is already used in the military and sports sectors […]