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.

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.

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.

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. 

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

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

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.