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 [...]

A St. Louis, Missouri medical device company is raising money in preparation for clinical trials of its pain-free cardioversion therapy for atrial fibrillation, developed by a former Case Western Reserve University researcher.CardiaLen Inc. has secured $2.4 million for its implantable low-voltage atrial cardioverter, technology developed by Prof. Igor Efimov and licensed from Washington University and [...]

Global medical device company St. Jude Medical announced the launch of the newest version of its Merlin.net Patient Care Network (PCN). The network organizes information about patient heart rhythms, device therapy and device performance, which is captured in implantable cardiac devices. It also allows the data to be sent directly to a clinic or hospital’s [...]

St. Paul, Minnesota-based medical device company NxThera, Inc. has raised $21.6 million in series B equity financing, the company announced today. (A percentage of the money raised will be funded after certain milestones are met.)Funds raised will be used to obtain European CE Mark approval and U.S. Food and Drug Administration clearance for a clinical [...]

Interim CEO Gregg Lehman at Angeion (NASDAQ:ANGN) has been retained as chief executive of the the St. Paul, Minnesota, company thatdesigns, manufactures and distributes cardiorespiratory diagnostic systems.Lehman joined the company in May following the sudden (some believe forced) departure of its previous CEO Phil Smith after just six months on the job. The previous chief [...]

BioMedix, a health IT firm based in St. Paul, Minnesota, named John Martin as medical director.BioMedix sells an integrated suite of hardware, software and online services that can detect peripheral arterial disease and chronic venous insufficiency cost-effectively.A company news release stated that Martin is “one of the only board certified vascular surgeons in the nation [...]

A Rhode Island medical development and contract manufacturing firm is opening an office at the St. Paul, Minnesota-based incubator University Enterprise Labs.Ximedica announced Tuesday that the company’s new Minnesota location will serve as a central hub for its healthcare client base in the Midwest. Its corporate headquarters are in Providence and it also has an [...]

St. Jude Medical (NYSE:STJ) is introducing two new cardiac devices in India, following a recent report that it plans to launch four in that populous Southeast Asian nation.The company’s Indian operations announced Monday that new, smaller scale Unify cardiac resynchronisation therapy defibrillators (CRT-D) and Fortify implantable cardioverter defibrillators (ICD) are “the smallest available device footprint [...]

A day after shaking up its senior management, Angeion Corp. reported flat revenue in its second fiscal quarter and a narrowed loss. The company reversed its decision to hold its routine conference call with analysts — something that was reiterated in a May 16 news release — implying that CEO Phil Smith’s departure after less [...]

Synovis Life Technologies Inc. announced Wednesday that the company had both top-line and bottom-line growth in its fiscal second quarter ended April 30.The St. Paul, Minnesota-based company saw revenue climb 12.6 percent to $19.8 million in the quarter, up from $17.6 million in the same quarter a year ago. Profits jumped 57.5 percent to $2 [...]