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Category: Medical Devices


Innovation, Medical Devices

BioProtect raises funds for ongoing balloon spacer clinical trial

September 22, 2020

Via: medicaldevice-network.com

Israeli biotechnology company BioProtect has raised $25m as part of its Series D equity financing from an undisclosed strategic investor and Peregrine Ventures. The round, which was led by Almeda Ventures and Consensus Business Group chairman and investor Vincent Tchenguiz, […]


Innovation, Medical Devices

Boston Scientific signs agreement with option to acquire Farapulse

September 21, 2020

Via: medicaldevice-network.com

Boston Scientific has signed an investment agreement with privately held medical device company Farapulse with an exclusive option for acquisition. The financial details of the deal were not disclosed. Farapulse develops pulsed-field ablation (PFA) system to treat atrial fibrillation (AF) […]


Innovation, Medical Devices

Medigate raises funds to boost medical device security offering

September 16, 2020

Via: medicaldevice-network.com

US-based medical device security and asset management company Medigate has secured $30m as part of its Series B round led by new investor Partech. The round, which takes Medigate’s total funding to $50m, was joined by its existing investors YL […]


Innovation, Med Tech, Medical Devices

Samsung Medison partners with Intel for fetal ultrasound workflow

September 11, 2020

Via: medicaldevice-network.com

Samsung Medison has partnered with Intel for new smart workflow solutions to enhance obstetric measurements in order to improve maternal and fetal safety. As part of the partnership, Samsung Medison’s BiometryAssist will leverage an Intel Core i3 processor, the Intel […]


Innovation, Med Tech, Medical Devices

Smartwatch tracks medication levels to personalize treatments

August 7, 2020

Via: ScienceDaily Health

In general, medications are prescribed with a ‘one-size-fits-all’ approach — drugs are designed and prescribed based on statistical averages of their effectiveness. There are guidelines for factors such as patients’ weight and age. But in addition to these basic differentiators, […]


Innovation, Medical Devices

LKC Technologies secures approval for ophthalmic diagnostic device

July 30, 2020

Via: medicaldevice-network.com

US-based medical device company LKC Technologies has secured the Brazilian Health Regulatory Agency (Anvisa) approval for the RETeval device and associated Sensor Strips skin electrodes. The RETeval device is a portable, handheld, functional diagnostic device for medical professionals to diagnose […]


Innovation, Medical Devices

Medical devices industry private equity deals in Q2 2020 total $1.68bn globally

July 27, 2020

Via: medicaldevice-network.com

Total medical devices industry private equity deals in Q2 2020 worth $1.68bn were announced globally, according to GlobalData’s deals database. The value marked an increase of 94.7% over the previous quarter and a rise of 81.6% when compared with the […]


Innovation, Medical Devices

Novel device offers added protection for healthcare workers performing endoscopies during COVID-19

July 22, 2020

Via: The Medical News

The COVID-19 pandemic has thrown up unimaginable challenges for healthcare workers. Even simple outpatient procedures such as endoscopies can expose staff to the risk of infection. However, a team of researchers has developed a simple, disposable, and inexpensive device to […]


Innovation, Medical Devices

Abbott receives FDA approval for next-generation ICD and CRT devices

July 21, 2020

Via: medicaldevice-network.com

On 6 July, Abbott won FDA approval for its next-generation Gallant implantable cardioverter-defibrillator (ICD) and cardiac resynchronisation therapy defibrillator (CRT-D) devices, equipped with Bluetooth technology and accompanying smartphone app. The ongoing outbreak of Covid-19 has highlighted the advancement of healthcare, […]


Innovation, Medical Devices

Medical devices industry venture financing deals in June 2020 total $1.01bn globally

July 21, 2020

Via: medicaldevice-network.com

Total medical devices industry venture financing deals in June 2020 worth $1.01bn were announced globally, according to GlobalData’s deals database. The value marked a decrease of 38.4% over the previous month and a drop of 8.7% when compared with the […]


Innovation, Med Tech, Medical Devices

Caption Health raises $35m for ultrasound technology commercialisation

July 16, 2020

Via: medicaldevice-network

Medical artificial intelligence (AI) company Caption Health has raised $35m in a Series B financing round to develop and commercialise its Food and Drug Administration (FDA)-cleared, AI-guided ultrasound technology. Led by the company’s existing investor DCVC, the round was joined […]


Innovation, Medical Devices

Presidio Medical raises $30m to develop neuromodulation platform

July 15, 2020

Via: medicaldevice-network.com

US-based medical device company Presidio Medical has raised $30m in a funding round led by Invus Opportunities. The round was also joined by the company’s existing investor Action Potential Venture Capital. Presidio Medical plans to use the funds for the […]


Innovation, Medical Devices

Securing Medical Devices and IoT

July 1, 2020

Via: EMR Thoughts

I know it’s easy to be distracted by COVID-19 right now, but it’s important to remember that many of the challenges we faced pre-COVID-19 are still around and need to be managed effectively even as we deal with the pandemic. […]


Innovation, Medical Devices

New Disinfection Robot Can Destroy COVID-19 Virus in 2 Minutes

June 30, 2020

Via: HitConsultant

Xenex Disinfection Services, the world leader in UV disinfection for healthcare facilities, announced the launch of StrikeForce, an innovative disinfection service that destroys the novel COVID-19 virus in two minutes. For the first time, organizations can engage Xenex’s team of […]


Innovation, Medical Devices

Researchers develop low-cost emergency ventilator

June 24, 2020

Via: medicaldevice-network.com

Engineers and physicians at the University of California San Diego (UCSD) have developed a low-cost, easy-to-use emergency ventilator for Covid-19 patients based on a ventilator bag usually found in ambulances. An automated system that can be fabricated and assembled in […]