Evera Gets CE Mark Approval for Lip Implant

Evera Medical (formerly Juva Medical), of Foster City, CA, has received CE Mark approval for a saline-filled implant for facial soft tissue augmentation called FulFil. The first product will be a lip implant for permanent reversible enlargement. A cosmetic surgeon in London, the first physician to treat a...

Smart Buys: OSI Systems and Viasys Healthcare

In the May issue of SmartMoney, the magazine picks its top-10 stocks for the next 10 years. To make the first cut, companies had to show a “demonstrable history of sales growth.” Then, SmartMoney editors “sorted through the remaining stocks one by one, looking for common themes that were...

IntriCon Bolsters Medical Business with Tibbetts Acquisition

IntriCon Corporation, an Arden Hills, MN, company that makes miniature medical and electronics products, has agreed to buy privately held Tibbetts Industries for $4.5 million cash. Focused on four key markets — medical, hearing health, professional audio and communications, and electronics —...

FDA Okays Cepheid’s Test for MSRA

FDA signed off yesterday on a new test for identifying Methicillin-resistant Staphylococcus aureus (MSRA), the leading cause of hospital-acquired infections. The Xpert MSRA test, made by Sunnyvale, CA-based Cepheid, runs on the company’s GeneXpert System and delivers results in just over one...

Minnesota Firm Raises $8.5 Million for Nanotech Investment

The Minneapolis/St. Paul Business Journal reported yesterday that IFC Medical, a small medical technology company based in Plymouth, MN, has raised $8.5 million to invest in developing nanotechnology to modify medical devices. One application of the technology, according to the Journal, would be to prevent...

AquaSonix Therapy Hits Hospitals and Rehab Centers

AquaSonix Therapy, a treatment program that combines sound pressure waves with low impact exercise in a warm water pool, is being made available to hospitals, rehab centers and other professional medical facilities. The therapy is designed to treat a variety of pain sources, including ostearthritis,...

Spirus Medical Raises $8.5 Million

Spirus Medical, a diagnostics company based in Stoughton, MA, has raised $8.5 million in Series B convertible preferred stock financing. BioVentures Investors, Point Judith Capital and Village Ventures, along with a group of individual investors, participated in the financing, which the firm will put...

Optovue Scanner Honored for Best Medical Design

In the latest issue of Business 2.0, Optovue, an ophthalmic device company located in Fremont, CA, was honored for the design of its RTVue retina scanner. RTVue is an ultra-high speed, high resolution OCT retina scanner used for retina imaging and analysis. The high speed and high resolution features...