Archives for the 'news2' Category
South Korean FDA Approves Cynosure’s Accolade Workstation for Pigmented Lesions
Although freckles occur most often in light skinned individuals with blond hair and blue eyes, freckles are also common among Asians, including Koreans. While they can look good, I’ve learned in my 25 years to never get between a woman and her happiness.
Cynosure, based in Westford, MA, offers an array of laser-based aesthetic treatment systems. […]
[Video Profile] Interview with Ralph Makar, President & CEO of Bioject Medical
Bioject Medical develops and markets needle-free injection technology used to administer injectable medications.
Bioject’s technology works by forcing liquid medication at high speed through a tiny orifice (smaller than a human hair) held against the skin. This creates an ultra-fine stream of fluid that penetrates the skin in a fraction of a second. Several studies have […]
Bad News for Blood Substitutes
Blood substitutes don’t require refrigeration or cross-matching, have a long shelf life, and reduce the risk of iatrogenic infection. They could be a potentially lifesaving option for surgical and trauma patients with hemorrhagic shock, especially in rural areas and military settings where access to donor blood is limited.
Despite the potential advantages, clinical trials have raised […]
CryoLife on Firm Footing: EPS Increases, Revenues Up, Raises Guidance
Revenues at CryoLife rose 4% to $25.6 million in the first quarter of 2008. Net income was $2.8 million, or $0.10 per share, compared to $1.4 million, or $0.04 per share in Q1 2007.
Tissue processing revenues in Q1 2008 increased 4% to $13.4 million, primarily due to increased demand for the company’s cardiac and vascular […]
NeuroMetrix Receives FDA 510(k) Clearance for Advance
Long beleaguered NeuroMetrix, which has seen its stock price erode as officials investigate the marketing and misuse of its NC-stat System, received FDA 510(k) clearance for the Advance System this week. Shares of the Waltham, MA-based company nearly doubled on the news, to a high of $3.06 on Monday.
Advance is a platform for performing nerve […]
Merit Medical: Shows Resilience in Faltering Economy; Positioned for Continued Growth
The healthcare equipment sector has a history of resilience. The sector remained strong during the economic downturn earlier this decade and appears to be holding its own now. An aging demographic virtually guarantees increased demand for healthcare supplies.
Not surprisingly, the sector is also highly competitive. J&J, Boston Scientific and Medtronic are industry behemoths with a […]
Yulex Receives FDA 510(k) Clearence for Novel Rubber Glove
Latex glove use increased dramatically in the eighties largely as an outgrowth of the AIDS epidemic. Almost unheard of 20 years ago, researchers now estimate that 8% - 12% of healthcare workers have developed allergies to traditional latex.
In one well-cited study of blood donors, more than 6% had evidence of latex antibodies. Extrapolated to the […]
Biophan Moves Forward with Myotech CSS Development
Pittsford, NY-based Biophan Technologies, will move forward with the next phase of the Myotech Circulatory Support System (CSS) engineering and regulatory development program.
The company’s board released $2 million to support efforts which will bring the product closer to commercialization. According to the company, Myotech CSS could be on the market within 24 to 30 months.
The […]
[Video Profile] Interview with Leah Sparks, VP Business Development of DNA Direct
Medical professional societies have mandated that genetic tests be ordered by a physician and interpreted by a genetic counselor, geneticist, or other specialist. In some states, genetic testing must be accompanied by an in-person genetics evaluation or genetic counseling appointment.
This approach is limited by the fact that there are only 1,200 medical geneticists and […]
Natus Further Consolidates U.S. Newborn Hearing Loss Screening Market with SonaMed Acquisition
Natus Medical announced yesterday that it will acquire SonaMed, a privately held company based in Waltham, MA.
SonaMed manufactures and markets the Clarity Screener for the screening of hearing loss in newborns. The company reported revenues of $3.5 million in 2007.
According to Jim Hawkins, Natus’ President and CEO, “SonaMed has successfully created a distinct presence in […]
