Cagent wins funding to expand portfolio of angioplasty technology
Serranator is designed to treat peripheral artery disease. Credit: mind_photo /Shutterstock.com. Cagent Vascular has closed a series C financing round, raising more than $30m, to expedite US market adoption and expand the Serration Angioplasty Technology product portfolio. The financing round was led by US Venture Partners (USVP), with participation from new investor Blue Ridge Medical […]
Endovascular Engineering treats first patient in trial of Hēlo system
PE affects an estimated 900,000 people annually in the US. Credit: Magic mine/Shutterstock.com. Endovascular Engineering (E2) has treated the first subject in the pivotal phase of its ENGULF US clinical trial of the Hēlo PE Thrombectomy System. This system is aimed at treating pulmonary embolism (PE), a condition that affects an estimated 900,000 people annually […]
New research reveals magnetic microrobots efficiency
The robot is in development at Multi-Scale Robotics Lab (MSRL) at the Swiss Federal Institute of Technology (ETH Zurich). Credit: sfam_photo via Shutterstock. A research paper has been published highlighting how Nanoflex Robotics’ magnetically controlled microrobot was successfully navigated through the blood vessels of a living pig. The report, published in the journal Science […]
Medtronic exits “unprofitable” ventilator market
Sales of the company’s ventilators have slowed since the soaring demand experienced during the Covid-19 pandemic. Image credit: Shutterstock/JHVEPhoto. Medtronic has called it quits on the ventilator market, citing “increasingly unprofitable” product lines. The medical device giant is the market leader for ventilator devices in the US and Europe, occupying a 42.5% and 18.4% market […]
AZmed raises $16.2m in Series A to develop AI-assisted imaging
AZmed plans to expand its operations from Europe to the US, the Middle East, Africa, and Asia. Image Credit: rangizzz / Shutterstock. French MedTech company, AZmed has raised €15m ($16.2m) in Series A funding to develop artificial intelligence (AI) assisted medical imaging to optimise the workflow of radiologists. The Series A financiers included Maison Worms, […]
X-trodes swings FDA 510(k) clearance for at-home electrophysiological system
Described as a smart skin system, the X-Trodes device has been available for researchers for some time in measuring electrophysiological signals outside of laboratory settings. Credit: metamorworks / Shutterstock. Israel-based patient monitoring firm, X-trodes has announced that its Smart Skin solution designed to expand access to at-home care has been granted US Food and Drug […]
Single Pass’ biopsy device completes live clinical cases in Italy
Single Pass’ KRONOS device. Credit: PRNewswire/Single Pass. Medical devices company Single Pass has announced the completion of the first live clinical cases in Italy for its KRONOS biopsy closure device. KRONOS has demonstrated its potential to transform biopsy procedures by ensuring precise and effective closure post-biopsy. The procedures were carried out at the Universitario Campus […]
Albanese Government grants $33m to advance heart devices
The Monash Alfred Baker Centre for Cardiovascular Research at the Alfred will be the hub for the new project. Credit: Monash University. The Australian Government has announced A$50m ($32.69m) in funding for the Artificial Heart Frontiers Programme, which aims to advance and commercialise implantable cardiac devices to provide long-term solutions for various forms of heart […]
RetinAI launches Discovery platform to enhance ophthalmic care
The new platform harmonises, aggregates and connects large datasets in a single, cloud-based repository. Credit: Africa Studio/ Shutterstock.com. RetinAI, a provider of software solutions for image processing and artificial intelligence (AI) in ophthalmology, has introduced the RetinAI Discovery for Clinics platform. The platform is launched in ophthalmology and optometry versions. It is a vendor-neutral and […]
Neuralink’s first human patient able to control mouse by thinking
Neuralink’s First Human Patient Has Fully Recovered, According To Musk Credit: Getty Images / Sopa Images / Contributor The first human patient implanted with a Neuralink brain chip has fully recovered and can control a computer mouse with just their thoughts, according to Elon Musk. “Progress is good, and the patient seems to have made […]