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Archives for May 2007

DOWs (Devices of War)

In a time of war, the medical technology industry, like many others, is rethinking product lines to meet unfortunate circumstantial demands. The San Antonio Business Journal reported yesterday that Vidacare, a med tech firm whose technology penetrates bone to […]

23 May 2007 | Blog, Member Spotlight | 1 Comment

Follica Chases Cut-Above Hair Growth Treatment

A new startup called Follica seeks to one-up pharma powerhouses Johnson & Johnson and Merck by developing a new hair-growth treatment that helps form new hair follicles. Red Herring reported last week findings from a study […]

22 May 2007 | Blog | No Comments

‘Near Impossible’ for Entrepreneurs to Raise Seed Money

According to an article that ran last week in Boston Business Journal, angel investors are looking the other way when entrepreneurs come a-knockin’ for seed money. ”Angels are moving upstream, looking to dole out more money […]

22 May 2007 | Blog | 1 Comment

Champions Biotechnology to Buy Biomerk

Champions Biotechnology, of Arlington, VA, announced today plans to buy Biomerk, a private company formed just last year to develop its trademark Tumorgrafts, a preclinical platform of human cancer tumor immune-deficient mice xenografts. Biomerk Tumorgrafts, […]

21 May 2007 | Blog | No Comments

ReAble to Acquire IOMED for $22 Million

ReAble, a privately held rehabilitation and orthopedic device company based on Austin, TX, announced today that it would acquire drug-delivery firm IOMED for $22 million in cash. Following the acquisition, expected to close in July 2007 subject to […]

18 May 2007 | Blog | No Comments

Neurotech Investments on the Rise

Venture capitalists pumped nearly $1.7 billion into neurotechnology in 2006, according to a report released today that paints the field as a frontier industry on the rise. Designed to help investors quantify opportunities in this […]

17 May 2007 | Blog, Member Spotlight | No Comments

CoreValve Out in Front with Non-Invasive Heart Valve

CoreValve received CE Mark approval yesterday for its non-invasive heart valve, putting the Irvine, CA, company out in front of other startups working on similar technologies. The company’s ReValving System inserts the artificial valve through a catheter and permanently implants it over the diseased […]

17 May 2007 | Blog | 1 Comment

Robotic Devices Move Into the Mainstream…and Beyond

Cardiogenesis, an Irvine, CA-based medical device company that specializes in devices that stimulate cardiac angiogenesis, submitted a PMA last week for its minimally invasive Robotic 5.0 PEARL Delivery System. The PEARL, which stands for Port Enabled […]

16 May 2007 | Blog | No Comments

Amedica Secures $13.2 Million in Series D Financing

Amedica, a Salt Lake City, UT, company that makes orthopedic implants, today announced that it has raised $13.2 million in Series D financing. Including this round, for which Creation Capital served as the placement agent, Amedica has […]

16 May 2007 | Blog | No Comments

Teknimed Inks Deal with Smith & Nephew

Teknimed, a privately held French company that makes biomaterials for bone surgery, has signed a deal to allow Smith & Nephew to market its FDA-approved bone cement. Smith & Nephew’s Orthopaedic Trauma & Clinical Therapies […]

15 May 2007 | Blog | No Comments

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