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Archives for July 2007

Pittsburgh Firm Gets $100K to Develop Cardio Test

Pittsburgh Life Sciences Greenhouse (PLSG), an organization that invests in startup life sciences companies in Southwestern Pennsylvania, is putting $100,000 behind a new cardiovascular diagnostic firm, iNTELOMED. The company will spend the cash on proof-of-concept […]

11 July 2007 | Blog | 3 Comments

Emerging Construction Boom in Minnesota

A growing number of medical technology companies are flocking to Minnesota, causing a construction boom in the area — and some unique challenges for those developing work spaces for emerging firms, according to the Star […]

11 July 2007 | Blog | No Comments

Changes at Oncologix Reflect Med Tech Focus

Oncologix Tech, a former long-distance phone company that in January sold off its primary assets to focus exclusively on its medical device subsidiary, has taken steps to further its commitment to the sector. For starters, it’s […]

3 July 2007 | Blog | 1 Comment

Paracor Raises $44 Million in Series D Round

Paracor Medical, a private company from Sunnyvale, CA, that’s developing a ventricular support device, has raised $44.35 million in a Series D financing. The money will be used to continue funding an in-progress pivotal trial […]

3 July 2007 | Blog, Member Spotlight | No Comments

Spectranetics Boosted by FDA Clearance

Spectranetics, of Colorado Springs, CO, has received FDA clearance for its TURBO-Booster device for the treatment of arterial stenoses and occlusions in the leg. Used in combination with Spectranetics’ existing TURBO elite laser catheters, the […]

2 July 2007 | Blog | No Comments

FDA Okays Joint Venture Monitoring Device

Nonin Medical, a private med tech firm from Plymouth, MN, has received FDA clearance for a new device that combines the company’s own technology with that of a Swedish firm it acquired last year. The product, […]

2 July 2007 | Blog | No Comments

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