MEDICAL DEVICE NEWS MAGAZINE

Located in the United States, Medical Device News Magazine reports the latest medical device, biotech/diagnostic industry news. Medical Device News Magazine includes medical device product launches, clinical trials, funding, acquisitions, executives on the move, FDA announcements, and more. Medical Device News Magazine is a fast, 1,2,3, easy read! Contact Medical Device News Magazine today!

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5 Pieces of Medical Equipment Every Assisted Living Home Should Have

One of the biggest benefits of opting to have a loved one cared for in an assisted living facility is that you’re ensuring they receive better medical support than you’d be able to provide in the event of an emergency.

5 Reasons to Have More Regular Hearing Tests

Hearing aids from a reputable supplier such as Helix Hearing Care serve a similar function as glasses do for impaired vision, in that they can alleviate hearing issues but won't repair the damage.

5 Safety Precautions That All Adults Should Follow

Thankfully, there are many safety precautions that adults can adhere to that will help protect people in emergency situations.

FACT.MR Market Reports

Advancements in Endoscopy Cameras

Endoscopy revolutionized the field of medicine and made the lives of both the doctors and the patients simpler. With extensive research and development surrounding endoscopy, various technological breakthroughs are underway to make the procedure even more seamless.

Author: Mike Davis BSc. Davis hails from Tampa Bay, Florida. He has had positions in both security and private investigation over the years. He currently dedicates his time to security and in his spare time helps write and manage the Gadgets Spy blog.

7 Patient Recruitment and Retention Tips for a Clinical Trial

One area that has been notoriously difficult is the recruitment and retention of patients. According to a report by the National Institute of Cancer, most clinical trials have either been abandoned or delayed due to a low number of subjects.

IAI Announces Medical Assist ELECYLINDER Series

The main features are easy operation, AVD (acceleration/speed/deceleration) that can be adjusted individually, and high performance. Due to its stable quality, it is ideal for the manufacturing industry of medical products where product accuracy is required.

Why Do I Need a Lawyer After My Slip and Fall Accident?

Thousands of people get injured in slip and fall accidents each year in the United States. No matter how careful you are, there is a chance that you can get injured as a result of someone else’s negligence.

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RhoVac Reports to Mount Sinai Hospital in New York Join Phase IIb Study in Prostate Cancer

The participation of Mount Sinai was directly caused by the FDA approval of RhoVac's Fast Track Designation.

Medtronic Receives U.S. FDA Approval for Pipeline™ Flex Embolization Device with Shield Technology™

Medtronic developed Shield Technology, a proprietary breakthrough in biomaterial science, to advance flow diversion therapy by introducing the first surface-modified implant device which demonstrates reduction in material thrombogenicity, a reduction in the tendency of the surface treatment material to create clots.

Vesalius Cardiovascular Reaches a New and Advanced Pre-Clinical Milestone

Vesalius Cardiovascular Inc. notes the predetermined endpoints of the study were the feasibility and durability of VCI's papillary muscle anchoring device. Both endpoints were confirmed at the 180-day mark.

IN.PACT AV Drug-Coated Balloon Is First and Only to Show Superior and Sustained Results Through Two Years Compared to PTA in Treating Arteriovenous Fistulae Lesions

The data, which were presented virtually as a podium first at the 2021 Charing Cross Symposium, demonstrated that the IN.PACT™ AV drug-coated balloon (DCB) is the first and only DCB to show sustained and superior effectiveness through two years compared to standard percutaneous transluminal angioplasty (PTA) in end-stage renal disease (ESRD) patients with de novo or non-stented restenotic native arteriovenous fistulae (AVF) in the upper extremity.

Martell Diagnostic Laboratories Announces HERTEST: Groundbreaking Way to Detect Effectiveness of Breast Cancer RX Globally

HERTEST is a blood test that looks for a protein called human epidermal growth factor receptor (HER2), which is shed into the blood stream of patients with growing breast cancer tumors.

ESPRIT CAM Improves Productivity for Long Part Machining by Automating Multi-spindle Program Creation

ESPRIT CAM: New computer-aided-manufacturing (CAM) technology has been introduced by ESPRIT CAM, part of Hexagon’s Manufacturing Intelligence division that provides manufacturers with the control and flexibility needed to use multi-spindle and multi-channel computer-numerical-control (CNC) machinery for the machining of long parts.

Sirtex Medical and BlackSwan Vascular Report 1st Patient Enrolled in Pivotal LAVA Study

The LAVA Study, which stands for Liquid Embolization of Arterial Hemorrhages in Peripheral Vasculature, is a prospective, multicenter single-arm study of 113 subjects at 20 investigational sites in the U.S.

Feinstein Institutes Scientists Develop Long-Term Vagus Nerve Implant for Bioelectronic Medicine Research

The device and procedure may change the way preclinical bioelectronic medicine research is conducted and lead to alternative therapies for various chronic diseases, including Crohn's, rheumatoid arthritis and heart failure, among others.

ASG Superconductors with Helmholtz-Zentrum Dresden-Rossendorf Combine Magnetic Resonance Imaging with Proton Therapy

Real-time MRI would make it possible to synchronize the proton beam to tumor motion during radiation dose delivery.

Radcliffe Cardiology Launches New Title: JAPSC: Journal of Asian Pacific Society of Cardiology on Behalf of the Asian Pacific Society of Cardiology

Launching in 2021, JAPSC will be led by Dr. Yeo Khung Keong as Editor-in-Chief and will be the official journal of the Society.

Growth & Development

Proximie Raises $38m Series B Funding To Accelerate Its Expansion in U.S. and European Markets

F-Prime Capital led financing, joined by Questa Capital, Eight Roads, and Maverick Ventures

FemTech Leader Willow ® Adds Diverse Set Of Investors In Extended Series C Round

Willow notes an additional $26.8 Million in funding through a Series C Extension round, led by Endeavour Vision, alongside New Enterprise Associates, Pura Vida Investments, Purple Arch Ventures, Logos Capital, and Gaingels.

Tempo Raises $220M in New Capital to Enhance AI & 3D Sensor Technology

The Series C round was led by SoftBank Vision Fund 2* with participation from new investor Steadfast Capital Ventures, and returning investors DCM, General Catalyst, Norwest Venture Partners, and Bling Capital.

Memic Innovative Surgery Raises $96 Million

The funding primarily supports the commercialization of Hominis® surgical robot in the United States following FDA De Novo marketing authorization.

Acquisitions & Mergers

Probo Medical Acquires SonoDepot

SonoDepot, founded in 1985, is a St. Cloud, Florida based third-party service, maintenance, and repair organization with deep specialization in ultrasound equipment.

Katena Products Announces the Acquisition of ASICO, LLC

Katena Products, Inc. is a provider of premium ophthalmic instruments, biologics, and devices to hospitals, surgical centers, and ophthalmic and optometric offices.

Endologix LLC Announces Acquisition of PQ Bypass, Inc.

PQ Bypass’ proprietary Detour platform for percutaneous femoral-popliteal bypass has been designated by the U.S. Food & Drug Administration as a Breakthrough Device.

The Ensign Group Acquires 3 Skilled Nursing Facilities in Colorado

Acquisitions were effective April 1, 2021, and will be subject to a long-term, triple net lease.

Market Reports

Companies in the Global Vaccine Delivery Devices Market Expedite Product Innovations to Stay at Forefront in the Market in the COVID-19 Pandemic

Fact.MR has recently compiled a report, which reveals that the vaccine delivery devices market globally is projected to reflect an impressive CAGR over the forecast period, 2017 – 2022.

Rapid Medical Diagnostic Kits Market is Projected to Expand at a CAGR of More than 4% by 2031

Fact.MR’s detailed study on the rapid medical diagnostic kits market forecasts the landscape to accrue significant gains through 2031.

Global Syringe Pump Markets – $29.4 Billion – Forecast & Opportunities, 2027

The Global Syringe Pump Market stood at USD19.60 billion in value terms in 2020 and is expected to grow at a CAGR of 7.21% and reach USD29.40 billion by 2026.

Global Diagnostic Imaging Systems Market Report 2020: Industry Dynamics and Competitive Benchmarking to 2030

Generated $38.9 billion in 2019 and will increase to $70.0 billion in 2030.

Executives on the Move

Nanoscope Therapeutics Announces New Clinical Advisory Board Appointments

President and Co-Founder Samarendra Mohanty, Ph.D. said, "We are honored to have such distinguished clinical experts in retinal disorders join us as advisers. Their guidance will be invaluable as we pioneer gene therapies to reprogram retinal cells and make them functionally active to regain vision."

Linda Psaras Is Promoted to Vice President of Sales and Marketing of MedSupply

Psaras breaks barriers as MedSupply’s first vice president, strengthening its commitment to superior service and offering innovative, cost-effective products.

Randy D. Chatman Named New CEO of ThermoTek: 25 Years of Medical Device Operating Experience

Prior to joining ThermoTek, Chatman served as the Vice President of Strategic Contracting, Pricing, National Accounts, Reimbursement & Market Access for Wright Medical Group, a global medical device company focused on extremities and biologics which recently sold to Stryker for $4.7 billion.

Acquisitions & Mergers

Probo Medical Acquires SonoDepot

SonoDepot, founded in 1985, is a St. Cloud, Florida based third-party service, maintenance, and repair organization with deep specialization in ultrasound equipment.

Katena Products Announces the Acquisition of ASICO, LLC

Katena Products, Inc. is a provider of premium ophthalmic instruments, biologics, and devices to hospitals, surgical centers, and ophthalmic and optometric offices.

Endologix LLC Announces Acquisition of PQ Bypass, Inc.

PQ Bypass’ proprietary Detour platform for percutaneous femoral-popliteal bypass has been designated by the U.S. Food & Drug Administration as a Breakthrough Device.

The Ensign Group Acquires 3 Skilled Nursing Facilities in Colorado

Acquisitions were effective April 1, 2021, and will be subject to a long-term, triple net lease.

Precision Value & Health Acquires Global Omnichannel Engagement Leader, Across Health

Across Health is a leading global omnichannel engagement consultancy.

SyBridge Technologies Completes Acquisition Of Active Industrial Solutions, Inc. And Active Industrial Solutions Tennessee

February 19, 2021 SyBridge Technologies notes this transaction marks the further expansion by SyBridge in the mobility tooling industry, especially in the fast-growing lighting, fascia,...

Articles of Interest

Hospitals in the News

Cohen Children’s Medical Center: Covid-19 Teen Returns to Thank the Doctor Who Saved Her Life

It was nothing but bright sunshine at Cohen Children’s Medical Center when Karla Duarte, the first teenager in American to be treated for COVID-19 with extracorporeal membrane oxygenation (ECMO) stopped by to thank the medical team on the one-year anniversary of her discharge.

St. Luke’s Provides Treatment for COVID ‘Long Haulers’

"Many people recovering from COVID continue to have long-lasting symptoms that impact their day-to-day lives. St. Luke's is committed to helping these patients get access to the most appropriate care so they can find relief," said St. Luke's Senior Regional Medical Director Dennis McGorry, MD, who is spearheading the program.

Delray Medical Center Becomes 1st Hospital in South Florida to Use Modus V™ 3D System for Brain & Spine Surgery

This technology is a fully automated, robotic digital microscope combining advanced optics with 3D visualization, video processing and robotic automation allowing for a more precise excision of brain tumors. 

Center for Traumatic Stress at Northwell Health

Center for Traumatic Stress Director, Mayer Bellehsen, Ph.D. said, “While our health care workers embody strength and resilience, the persistent stress caused by the pandemic can take a toll on anyone."

Mount Sinai Health System Launches COVID-19 Saliva Testing Program to Protect Public Health as Business and Leisure Activities Reopen

The program offers an easy, effective, and accurate COVID-19 test for the public. Mount Sinai is an official partner of the New York State Excelsior Pass program, a new effort to fast-track the opening of theaters, stadiums, and other businesses.

Non Profit News

The American College of Radiology Launches National Clinical Imaging Research Registry™ (ANCIRR)

“The ACR National Clinical Imaging Research Registry™ (ANCIRR) is the future of radiology research registries,” said Howard B. Fleishon, MD, MMM, FACR.

American Society for Reproductive Medicine Publishes Validation Study on Embryo Transfer Simulator

The study shows significant improvements in Embryo Transfer competence.

ACC, Novo Nordisk to Advance Care for People with Type 2 Diabetes, Cardiovascular Disease

ACC notes through the global UNITE (Multidisciplinary Teams In Cardiometabolic Care) program, clinicians across multiple specialties will receive the education and tools needed for an integrated approach to Type 2 diabetes and cardiovascular disease care.

The American College of Radiology Members at Forefront of Lancet Effort to Increase Worldwide Access to Radiology Services

ACR member Hedvig Hricak, MD, Ph.D., FACR, is Lead Commissioner. Former ACR Board of Chancellors Chairs James A. Brink, MD, FACR, and Geraldine B. McGinty, MD, FACR, also serve on the international commission.

Give the Heart a Ketone? It May be Beneficial

Review finds emerging evidence ketone therapy holds potential for cardiovascular intervention