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Archives for June 2007

Up Next: Nicotine Replacement Devices

Next Safety, a West Jefferson, NC, company that makes respirators, is now using its technology to develop pulmonary drug delivery and nicotine replacement devices. The technology uses a stream of purified air to deliver medications deep […]

15 June 2007 | Blog | No Comments

CryoLife Armed with Patent and DoD Funding

CryoLife, based in Kennesaw, GA, has been awarded a U.S. patent for a new technology for filling and sealing open wounds. The product, BioFoam, is a protein hydrogel foam with an expansion agent that quickly fills […]

15 June 2007 | Blog | No Comments

Intuitive Inks Deal for New Position-Tracking System

Sunnyvale, CA-based Intuitive Surgical has signed a deal with Luna Innovations, of Roanoke, VA, whereby Luna will supply its shape-sensing and position-tracking system for integration into Intuitive’s products, including the popular da Vinci Surgical System. The […]

14 June 2007 | Blog | No Comments

St. Louis Pharma Firm Acquires Local Coatings Company

Two St. Louis life sciences companies have teamed up to create a pharmaceutical firm with enhanced drug-delivery capabilities for both generic and branded drugs. KV Pharmaceutical Company has acquired all technologies, assets and related intellectual property […]

14 June 2007 | Blog | No Comments

New Artes Subsidiary to Focus on Medical Applications

Spheris Medical, a new subsidiary launched today by San Diego-based Artes Medical, will take Artes’ microsphere technology, currently used to make an anti-wrinkle filler, and apply it to serious medical conditions such as acid reflux, […]

13 June 2007 | Blog | No Comments

Buy a DNA Analyzer, Get a Free iPod!

Spartan Bioscience is using a consumer-friendly marketing push to introduce its signature product, the world’s first personal DNA analyzer. The privately held company from Ottawa, Canada, is touting its new product, called Spartan DX, as a […]

13 June 2007 | Blog | No Comments

Boston Scientific Backs Cleveland Clinic Spin Off

Intelect Medical, an early stage Cleveland, OH, company that’s developing neuromodulation technologies for treating brain injuries, has completed a Series B financing for $7 million. The money came from Boston Scientific and Greatbatch. Founded in […]

12 June 2007 | Blog | No Comments

Israeli Diagnostics Firm Secures $10.7 Million

Pocared Diagnostics, an Israeli startup company that makes in-vitro diagnostics, has secured $10.7 million in financing — available in two $5.35 million installments — from Israeli investment firms Elron Electronic Industries and SCP Vitalife Partners. […]

12 June 2007 | Blog | No Comments

Despite Reforms, Small Businesses Still Reeling from Sarbox

Many entrepreneurs and small-company executives are unimpressed by the Securities and Exchange Commission’s recent attempt to ease the burden of Sarbanes-Oxley. Since it originated in 2002, the legislation has been especially hard on small public […]

11 June 2007 | Blog | No Comments

Devices Are ‘Flavor of the Month’ for Investors

Medical devices have unseated computer-related technology and drug-development as the most favored sector for venture capital investment, according to an article in today’s New York Times. The paper says a combination of factors — including how […]

11 June 2007 | Blog | No Comments

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