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Archives for April 2007

Accuri Completes $5 Million Series B Financing

Ann Arbor, MI-based Accuri Cytometers has $5 million to fund ongoing testing and the upcoming commercial launch of its Accuri C6 Flow Cytometer System. Designed for routine use by biomedical researchers in their own labs, Accuri’s flow […]

16 April 2007 | Blog | No Comments

MDUFMA II Includes New Benefits for Small Companies

FDA today made recommendations to Congress for reauthorizing the Medical Device User Fee and Modernization Act. The agency says the reauthorized program, called MDUFMA II, would give companies predictable fees and speedier review times. And small device makers stand […]

16 April 2007 | Blog | No Comments

Bespak to Acquire Emergent for $38 Million

British device firm Bespak said today that it would acquire Emergent Respiratory Products of Irvine, CA, for $38 million. The purchase, to be completed in two steps, will expand Bespak’s airway management portfolio. Emergent’s specialty […]

16 April 2007 | Blog | No Comments

Transdermal Delivery Market to Hit $7.9 Billion by 2010

New biological treaments have no where to go without adequate drug delivery mechanisms. For that reason, transdermal and transmucosal delivery systems, with their ability to deliver substantial amounts of drugs over a long period of […]

13 April 2007 | Blog | No Comments

Guardian Technologies Pin Points Funding

Herndon, VA-based Guardian Technologies today completed the second and final closing of a $5.2 million private placement, for which Midtown Partners & Co. acted as the agent. A good chunk of the money will be put toward […]

13 April 2007 | Blog | No Comments

Judge Denies DePuy’s Preemption Defense

A Massachusetts judge on Wednesday shot down DePuy Spine’s attempt to dismiss four lawsuits filed in 2006 by patients who say the firm’s Charite Artificial Disc is defective. The four patients underwent procedures that involved inserting […]

13 April 2007 | Blog | No Comments

Synovis Buys Surgical Closure System

Synovis Life Technologies earlier this week completed an acquisition of the 4Closure Surgical Fascia Closure System, a device for closing punctures in chest- or abdonimal-wall tissue after surgery. The device was purchased from privately held Fascia Closure Systems, of […]

13 April 2007 | Blog | No Comments

Qiagen to Acquire eGene

Qiagen — a Dutch maker of sample and assay technologies for research, applied testing and molecular diagnostics — announced yesterday that its North American subsidiary would acquire a company called eGene for about $34 million. The early-stage company, located […]

13 April 2007 | Blog | 1 Comment

Synergetics and Iridex Come to Terms

Synergetics and Iridex resolved all outstanding claims on Tuesday in the patent litigation suits related to their respective laser probe technologies. Synergetics will cough up an initial payment of $2.5 million, and continue paying $800,000 per year […]

12 April 2007 | Blog | No Comments

Tycoon to Acquire 25% Stake in SanguiBioTech

Tycoon Venture Capital & Investment of London said today that it would acquire 25% of SanguiBioTech GmbH, a German subsidiary of Sangui BioTech International that makes pharmaceuticals and devices focused on biological regeneration of cells through compensatory supply […]

12 April 2007 | Blog | No Comments

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