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Medical Device News Magazine
Located in the United States, Medical Device News Magazine reports the latest medical device, biotech, and diagnostic industry news: Includes product launches, clinical trials, funding, acquisitions, executives on the move, FDA announcements, and more appear.
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COVID-19 Stats
All countries
2,177,679
TOTAL DEATHS
Updated on January 27, 2021 3:50 pm
USA
438,078
TOTAL DEATHS
Updated on January 27, 2021 3:50 pm
USA
26,110,854
Total confirmed cases
Updated on January 27, 2021 3:50 pm
FDA BRIEFS
FDA Takes Action to Place All Alcohol-Based Hand Sanitizers from Mexico on Import Alert to Help Prevent Entry of Violative and Potentially Dangerous Products into U.S., Protect U.S. Consumers
As part of the U.S. Food and Drug Administration's continuing efforts to protect consumers from potentially dangerous or subpotent hand sanitizers, the agency has placed all alcohol-based hand sanitizers from Mexico on a countrywide import alert to help stop products that appear to be in violation from entering the U.S. until the agency is able to review the products' safety.
BREAKING NEWS
Medical Device Breaking News
Real Time Imaging Technologies, LLC Secures New Patent
Real Time Imaging Technologies, LLC is an early-stage company developing breakthrough imaging products to help physicians, dentists and veterinarians to provide the highest quality of care to their patients. The Company’s imaging technology allows doctors, dentists and veterinarians to easily visualize the key anatomy to ensure safe procedures enhancing the lives of patients.
Confluent Medical Technologies Expands Relationship with Allegheny Technologies
Confluent Medical Technologies Inc. today announced an expansion of its supply agreement with Allegheny Technologies related to the manufacture and supply of ELI Nitinol.
Valcare Medical Announces First-in-Human Transseptal Implant of the AMEND™ Annuloplasty Ring for Mitral Valve Repair
Valcare's AMEND mitral valve repair device is an innovative, clinically proven, D-shaped, semi-rigid closed ring with unique anchoring capabilities.
ICI and Viral Sign a Form a Strategic Alliance
ICI and Viral Sign strategic alliance will allow both companies to supply advanced screening systems intended to help slow the spread of infectious disease, including COVID-19.
FLEX Vessel Prep System Data ( 3 Studies) Presented at LINC
FLEX VP System is designed to modify plaque and prepare vessels with complex femoropopliteal arterial disease, including in-stent restenotic (ISR) lesions, prior to delivery of the definitive therapy.
Executives on the Move
STAAR Surgical Appoints Dr. Elizabeth Yeu and Dr. K. Peony Yu to the Board of Directors: Effective January 21, 2021
“The addition of Dr. Elizabeth Yeu and Dr. K. Peony Yu to our Board of Directors illustrates STAAR’s commitment to excellence, the surgeon community and growth," said Dr. Gil Kliman, Chairman of the Nominating and Governance Committee of STAAR Surgical’s Board of Directors.
Elad Benjamin Joins Maverick Medical AI BOD: A 20+ Year Industry Executive
Elad Benjamin brings over 20 years of executive-level experience in the Healthcare & Enterprise Software industry.
Donald J. Jones, a Digital Therapeutics Expert Joins the BODs of Theranica
Jones has spent more than 35 years developing, founding, growing, and scaling national and international healthcare enterprises, such as MedTrans, EMME, HealthCap, and others.
Miguel O. Beltrán-Delgado Is Appointed Senior Vice President of Operations of Bioventus
Miguel O. Beltrán-Delgado will be responsible for creating a vision for continual improvement of operations.
Mark A. Samuels Named Executive Chairman of PreTel BODs
Samuels has extensive experience in the medical device sector and served as President and CEO of OBMedical Company from 2016 to 2018 prior to its acquisition by Phillips Medical.
Acquisitions & Mergers
Boston Scientific Announces Agreement To Acquire Preventice Solutions, Inc.
The transaction consists of an upfront cash payment of $925 million, and up to an additional $300 million in a potential commercial milestone payment.
Philips Signs An Agreement to Acquire Capsule Technologies, Inc
“Integrated patient care management solutions supported by essential real-time patient data and AI are core to our strategy to improve patient outcomes and care provider productivity by seamlessly connecting care,” said Roy Jakobs, Chief Business Leader Connected Care at Royal Philips.
Thermo Fisher Scientific Completes Acquisition of Viral Vector Manufacturing Business from Novasep for Approximately €725 Mil in Cash
The company notes that Novasep's viral vector manufacturing business provides contract manufacturing services for vaccines and therapies to biotechnology companies and large biopharma customers.
Mavens Is Acquired by Komodo Health
“This acquisition disrupts the status quo, unlocking a fundamentally different opportunity for life sciences companies to gain access to differentiated insights through technology,” said Arif Nathoo, MD, CEO and co-founder of Komodo Health.
Celularity and GX Acquisition Corp. Announce Merger Agreement to Create a Publicly Listed Leader in Allogeneic Cellular Therapy
January 8,2021 Celularity Inc. is a clinical-stage biotechnology company, and leading the next evolution in cellular medicine with the development of off-the-shelf allogeneic therapies derived...
Financial Growth & Development
Moray Medical Secures $3.3 Million Seed Financing Led by 415 CAPITAL
Moray Medical notes the funding was led by 415 Capital, which invested alongside a number of prominent medtech entrepreneurs.
Elcam Medical Joins Serenno Medical as Strategic Investor and Manufacturer of its Automatic Monitoring of Kidney Function Device
Elcam Medical join existing investors Alon Medtech and serial medical device inventor, entrepreneur and investor, Dr. Shimon Eckhouse.
Endo Tools Therapeutics Secures €8 million ($9.5M) in Series D Funding
The funding will be used to submit a regulatory marketing submission for its medical devices to the Food and Drug Administration in the US for soft tissue approximation.
NeuroOne Medical Technologies News: Corporation Closes $12.5 Million Private Placement
NeurOne Medical Technologies Dave Rosa, President, and CEO says, "The completion of this financing led by sophisticated institutional investors with substantial experience investing in medical device technologies represents another major milestone and validation for the Company.
Fujifilm and the Center for Advanced Biological Innovation and Manufacturing Secure $76M in Funding
The Center will advance research and development in cell and gene therapy, gene editing, immunotherapy, and biotechnology.
ARTICLES OF INTEREST
Parkinson’s Disease and Latent (Hidden) Viruses: CBCD Reports an Important Discovery on the Cause of the Disease
The discovery was published in the Journal of NeuroVirology.
Soovu Wearable Pain Relief – A “Therable” for Chronic Pain Relief
In the U.S. more money is spent on pain treatments and lost productivity than diabetes, cancer and heart disease combined. Clearly opioids are not the answer, and recently the FDA required NSAIDs, like Aleve and Advil, to include heart attack and stroke warnings on their labels.
Bioheart Personal Heart Monitor-Provides Information on User’s Heart Performance
January 11, 2021 Bioheart, a personal heart monitor by Biotricity, Inc. is designed for individuals diagnosed with or at risk for cardiovascular disease. Bioheart continuously monitors...
Philips Sonicare 9900 Prestige with SenseIQ Technology
Philips’ most advanced electric toothbrush is designed around you, providing an optimum, personalized cleaning experience by sensing your brushing style and adapting as you brush.
ToeMate ® Nail Soak Fungus Treatment Kits (https://thetoematestore.com): Why Topical Nail Fungus (Onychomycosis) Treatment Needs a Device
SPONSORED ADVERTISEMENT January 11, 2020 Penetration For the medication to penetrate and reach the infection through nail keratin (which absorbs water and repels water insoluble drugs) the...
Why You May Need A GHIC Card In 2021
January 8, 2020 When traveling, you want to make it as least stressful as possible for the whole family, especially when it comes to medication...
Fallon Health Partners With RX Savings Solutions
Fallon is the first health plan in the region to launch the patented solution to a Medicare Advantage population. Rx Savings Solutions connects securely with a member's drug claim records and prepares a personalized prescription savings plan.
Moderna Announces the European Commission Has Authorized their COVID-19 Vaccine in Europe
Moderna notes the authorization is based upon the recommendation of the European Medicines Agency (EMA) for use of the COVID-19 Vaccine Moderna for active immunization to prevent COVID-19 caused by SARS-CoV-2 virus in individuals 18 years of age and older.
Therapeutic Solutions International Launches Campbell Neurosciences: 1st Suicide Focused Regenerative Psychiatry Biotechnology Company
December 31, 2020 Therapeutic Solutions International, Inc., has announced the launching of Campbell Neurosciences Inc as a partially owned spin-off from the Company. Therapeutic Solutions notes...
Cryoanalgesia and Non-Opioid Options Are Changing the Way We Manage Pain. Expert Shares His Views
As a specialist in Physical Medicine and Rehabilitation, I strive to help patients improve their function and pain. Therefore, it is paramount that I’m consistently well-informed of the latest clinical research and innovations within my field.
Non Profit & Medical Associations
ACC Cardio-oncology Course Aims to Advance Cardiovascular Care of Cancer Patients, Survivors
ACC Cardio-oncology Course co-directors Ana Barac, MD, Ph.D., FACC, and Bonnie Ky, MD, MSCE, FACC, have invited respected experts in the field to create a course covering relevant and required content for both the novice and advanced practitioner.
Charleston County Medical Society Forms a Buying Group to Help Doctors Get Essential PPE
January 6, 2021 Charleston County Medical Society announced that ActionPPE, its collective buying initiative created by doctors for doctors, has shipped over 3.4 million units...
Hospitals in the News
Northwell Health and Cold Spring Harbor Laboratory Open Virtual COVID-19 Clinical Trial for Non-Hospitalized Patients
The trial is recruiting patients across the greater New York area who have tested positive for COVID-19, but are experiencing only mild to moderate symptoms that do not require hospitalization.
National Jewish Health and Saint Joseph Hospital Launch a Robotic Bronchoscopy Program
Both hospitals are among the first in the Rocky Mountain region to have minimally invasive robotic technology that enables physicians to obtain tissue samples from deep within the lung where 70 percent of nodules reside.