Another day, another new local early stage fund.Upwind Medical Partners is launching a $6 million to $8 million early stage fund that will focus on commercializing intellectual property from health care/research institutions like the University of Minnesota, Wisconsin Alumni Research Fund (WARF), Allina Hospitals & Clinics, and John Hopkins Hospital in Baltimore.Founded by Jim O’Reilly, [...]

Volcano Corporation, a San Diego-based medical device manufacturer, purchased Lumen’s Xtract catheter for an undisclosed sum. The company had been Xtract’s exclusive global distributor since May 2009.

Lumen this year has struck exclusive distribution agreements for its two devices: the FiberNet System, which breaks and then captures blockages in the carotid artery in the head and neck, and the Xtract Catheter which can be guided around a vein to remove blockages including clots throughout the body.