Archives for August 2007
Innovative Spinal Technologies, a Mansfield, MA, company that makes motion-preservation treatments for spinal disorders, has officially launched its Paramount VBR System for minimally invasive spine surgery. The system, cleared by FDA in January 2007 and […]
15 August 2007 |
Blog |
SyntheMed, an Iselin, NJ-based biomaterials company, has completed the initial closing of a $2.8 million equity financing. The money will help fund the U.S. launch of the company’s REPEL-CV Bioresorbable Adhesion Barrier, planned for the […]
14 August 2007 |
Blog, Member Spotlight |
Pittsburgh Life Sciences Greenhouse (PLSG), a regional organization dedicated to nurturing startup life sciences companies in Southwestern Pennsylvania, has invested $350,000 in three local firms — Falcon Genomics, Glucose Sensing Technologies, and Celsense. The funding […]
14 August 2007 |
Blog |
In an all-cash deal that could be worth up to $22.7 million, Eden Prairie, MN-based SurModics, which provides surface-modification and drug-delivery technologies to medical-device and pharmaceutical firms, has acquired a company that will expand its […]
13 August 2007 |
Blog |
GeneNews (formerly ChondroGene), a Toronto-based molecular diagnostics firm, has secured $2 million in funding through an agreement with an Asian Biomedical consortium.
GeneNews’ most advanced product is ColonSentry — a non-invasive test that seeks to replace […]
13 August 2007 |
Blog |
The on-stands issue of Fast Company includes a “Fast Cities” feature, in which 30 urban centers are acknowledged as good places to start and run businesses. Broken down by category, the list highlights four “Startup […]
10 August 2007 |
Blog |
KFx Medical, a four-year-old orthopedic-device maker from Carlsbad, CA, has closed $10 million in Series B financing.
The financing — led by Alloy Ventures, and participated in by returning investors Charter Life Sciences L.P., Arboretum […]
10 August 2007 |
Blog |
Biophan Technologies, a Pittsford, NY-based imaging company, has agreed to sell its MRI-safety patents to Medtronic for $11 million. The company will turn over a portfolio of devices — which includes pacemakers, defibrillators and neurostimulators […]
9 August 2007 |
Blog |
Nanomix, an Emeryville, CA-based nanoelectronic detection company, has received an additional $260,000 from the Department of Homeland Security (DHS) for a classified three-year project involving Nanomix’s chemical and biomolecule detection technology. The money is an […]
9 August 2007 |
Blog |
Biofisica, a Duluth, GA, wound-care company, has secured $2 million in financing to support its first product, a medical device that combines moist wound-care dressing with electrical stimulation.
The product, POSiFECT, brings together the two technologies […]
8 August 2007 |
Blog |