DePuy Orthopaedics launched several new surgical products this week for knee, shoulder and hip revisions.The Johnson & Johnson (NYSE:JNJ) subsidiary accounted for $5.8 billion in sales in 2011, but those sales were offset by $521 million in costs associated with the 2010 recall of its metal-on-metal ASR hip replacement system. That line of products had [...]
[Read more of this report]An Atlanta, Georgia company developing surgical imaging technology for image-guided cancer surgery is looking to add $6 million in anticipation of its European product launch.Spectropath Inc.’s technology is a disposable, handheld, pen-like device used with an agent to make cancerous tissue turn a fluorescent color during tumor removal surgery, said President and CEO Ralph Gaskins [...]
[Read more of this report]Medical education company Simbionix is looking to become the industry leader in what could be the next generation of surgical simulation technology: patient-specific simulation.Patient-specific simulation refers to importing scans of a particular patient’s body, such as CTAs, into a simulator to allow a doctor to rehearse a near-exact replica of the operation he’ll conduct the [...]
[Read more of this report]Digital health incubator Rock Health hosted the 2012 Health Innovation Summit last week in San Francisco. In a series of posts, I’ll be profiling some of the interesting new health companies represented at the summit. You can browse all of the startups I liked from the Rock Health summit here.Hospital discharge papers aren’t enough to [...]
[Read more of this report]A medical device company that has developed a surgical implant to create fistulas for hemodialysis patients is gearing up for a series B financing round that seeks to raise $8 million to $10 million.Bioconnect Systems CEO Adam Dakin told MedCity News in a phone interview that the fresh capital would take the company through clinical [...]
[Read more of this report]A mother’s blog post alleging that a Children’s Hospital of Philadelphia physician explained that her daughter was turned down for a kidney transplant because she is intellectually disabled has sparked an online campaign that transformed the hospital’s Facebook page into a forum for an impassioned transplant ethics debate.Chrissy Rivera’s post described a meeting last week [...]
[Read more of this report]An open-heart surgery is an invasive procedure that calls for the rib cage to be spread open — even under the best circumstances, that process can damage nerves, tear ligaments and fracture ribs. But medical device developer Physcient aims to improve on such open-chest procedures with a new approach to old surgical techniques that date [...]
[Read more of this report]An early stage, Midwest biotech startup with a unique approach to treating damaged nervous system tissue is looking for its first round of capital.Axonia Medical has raised $1 million of the $3 million it hopes to secure in a series A financing that would carry the Kalamazoo, Michigan-based biotech through large animal trials of its [...]
[Read more of this report]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 [...]
[Read more of this report]European regulators have approved the delivery of Medtronic‘s CoreValve System using a new direct aortic approach in patients with severe aortic stenosis.Transcatheter aortic valve implantation (TAVI) is a less-invasive alternative to open-heart surgery for aortic valve replacement, but some patients are unsuited for the procedure because they have small vessels. The newly CE Marked direct [...]
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