MedSonics uses a handheld diagnostic ultrasound device to detect, monitor and chart bone abnormalities and fractures cheaply and more efficiently to determine whether the patient needs to be moved to a healthcare facility for an X-Ray or scan.

The developer of a digital medical device that tests for different respiratory illnesses, such as flu A and B strains and strep A, sees additional scope for the respiratory test as a testing platform for sexually transmitted diseases along with a broader range of infectious diseases.The BD Veritor System, developed by Alverix and marketed by [...]

A company with a medical device to detect early onset of age-related macular degeneration, the leading cause of blindness in adults ages 50 or older, is raising $2 million in a series A preferred financing round to commercialize its diagnostic tool, which was approved by the U.S. Food and Drug Administration last year.Apeliotus Vision Science [...]

Johnson & Johnson (NYSE:JNJ) has lost a court battle over its drug-coated stent patents after a New Jersey federal judge ruled that stents marketed by Boston Scientific (NYSE:BSX) Abbott Laboratories (NYSE:ABT) and Medtronic (NYSE:MDT) had not infringed stent patents held by the New Brunswick, New Jersey company.Despite the ruling, a Johnson & Johnson spokeswoman said [...]

Five companies developing treatments for back pain, Alzheimer’s and Parkinson’s diseases, and innovative diagnosis technology to detect osteoarthritis and glaucoma have received fresh funding from the state’s economic development and investment arm.Ben Franklin Technology Partners of Southeastern Pennsylvania has invested more than $900,000 in five startups.CD Diagnostics received the largest investment of $275,000 for its [...]

A medical device company with a glucose monitoring system offering needle-free technology providing a constant reading of glucose levels for diabetics sees opportunities for transdermal drug-delivery uses for the product.Echo Therapeutics (NASDAQ:ECTE) is poised to begin a new clinical trial of its glucose monitoring system next month, this time for critical care patients. The move [...]

A New Jersey serial entrepreneur is throwing his hat into the hypertension treatment ring with a catheter to reduce high blood pressure that would rival Medtronic’s (NYSE:MDT) Symplicity Catheter System acquired by the Minnesota medical device giant last year.The company, led by David Fischell and his brother, Tim, called Ablative Solutions Inc., has raised a [...]

A company with a medical device designed primarily to relieve back pain is raising money to market its pain patch.The lower back pain remedy from Prezacor uses low wavelength energy to treat pain. The startup has raised $460,000 in its latest financing round with a $2 million target, according to a Form D filing with [...]

Synthes is back in court, this time as the plaintiff in a lawsuit against Stryker Corp. (NYSE: SYK) accusing the Michigan-based medical device company of trying to obtain “an improper competitive advantage.”The complaint,filed in federal court in Philadelphia, also singled out three former sales staff from Synthes’ San Francisco sales unit who resigned from the [...]

A Minnesota medical device company has raised $2.5 million in its second round of financing, according to a Form D filing with the Securities and Exchange Commission. KSpine’s spinal implant to treat scoliosis requires a less invasive surgical procedure, the company says.Ross Longhini, KSpine’s board chairman, told MedCity News that KSpine will use the investment [...]