That some academics don’t necessarily make good business executives is a well-worn fact. And it’s not uncommon that founders — researchers or otherwise — often step aside, or are sometimes jettisoned in the interest of the firm.But the question is how should founders behave when they are cut off from the company they created? Is [...]

Medical device design usually involves the use of computer-aided design and computer-aided manufacturing, or CAD/CAM environments. The process is long and iterative.Now, two professors at the University of Minnesota have come up with a 3-D visualization device that aims to revolutionize how medical devices are designed and tested, thereby shortening R&D cycles and the costs [...]

Sterilization products maker STERIS (NYSE:STE) reported that shipments of its System 1E sterilizer continue to fall below the company’s earlier projections.The Mentor, Ohio-based company now projects that it’ll ship 4,000 System 1E units in its fiscal 2012, which is scheduled to end on March 31, company executives said Tuesday in a conference call to discuss [...]

…we ask ourselves whether the small emerging med-tech company can achieve success (and funding) with a ’tons cheaper’ value proposition. In theory, any company starting fresh with design and manufacturing should be able to take advantage of Moore’s law in a way that the big guys with vast installed bases and capital investments can’t. The opportunity for success is there, but not every company or technology is cut out to win at price-cutting.

A tendon injury treatment firm that has licensed technology developed at the Mayo Clinic has raised $11.8 million through a PIPE (private investment in a public entity) transaction.Tenex Health is a California company that has developed the FAST (Focused Aspiration of Soft Tissue) procedurefor percutaneous removal of tissue that can help restore the normal functioning [...]

Cellsonic CEO Andrew Hague has an enviable problem.What does he have to offer a well-heeled multi-national company looking to capitalize in the US?Is it the beauty device that smooths out cellulite?var page_count = “off”; if (typeof OAS_rdl == “undefined”) {document.write(“”); page_count = “on”;}var MMI_ClickURL = [...]

Every week, MedCity News highlights the best of its MedCitizens: syndication partners and MedCity News readers who discuss life science current events on MedCityNews.com. Now here’s the best of what YOU had to say.

In physics, a black hole is a region in space from which nothing — not even light — can escape.And that is exactly what the Government Accountability Office, the nonpartisan entity reporting to Congress, encountered when it tried to find out how hospitals could make better purchase decisions when it came to implantable medical devices [...]

A newfangled enlarged prostate treatment is being tested at a Minnesota company, which hopes to be an alternative to failed drugs therapy or surgery in managing benign prostatic hyperplasia (BPH).NxThera, based in St. Paul,is testing Rezum, a device that uses steam or vapor to target the enlarged tissue of the prostate gland. This therapy is [...]

ALung Technologies Inc. has raised a $10 million series B round in preparation for a product launch of its Hemolung oxygen-delivery device in Germany this year, the Pittsburgh Tribune-Review is reporting.MedCity News reported back in December that the medical device company had already raised $6.6 million and filed for the CE Mark.The Hemolung Respiratory Assist [...]