HemCon Ranked on Deloitte 2007 Fast 500

HemCon Medical Technologies, a wound-care company from Portland, OR, was ranked number 42 on Deloitte’s 2007 Technology Fast 500 list. The announcement comes on the heels of HemCon’s rank as 219 on Inc. magazine’s 26th annual list of America’s 500 fastest-growing private...

ReBuilder Invests Heavily in Customer Service

ReBuilder Medical Technologies, a Charles Town, WV, company that manufacturers a device for treating peripheral neuropathy, is making a big investment in customer service. The company is hiring licensed medical professionals to take calls from potential and existing customers. “In our five years of...

Investors Commit $30M to Rare-Cell Detection Tests

Ikonisys, a New Haven, CT, company that makes cell-based diagnostics for women’s health and oncology, has closed $30 million in Series E funding. The financing follows FDA clearance of two diagnostic applications for use in conjunction with Ikonisys’ Ikoniscope digital microscopy platform. The...

X-Spine Gets CE Mark, Signs Distribution Deal

X-spine Systems, a four-year-old company from Miamisburg, OH, has been given permission to expand into Europe, after receiving CE Mark approval for its Capless and Spider Cervical spinal implant products. Both products are already FDA cleared, and are being marketed in South Africa as well. The...

TriReme Raises $15.6 Million for New Stent System

TriReme Medical (TMI), a Pleasanton, CA-based device company working on a new stent technology, has completed a $15.6 million Series C round. The financing — led by Three Arch Partners and completed by Adams Street Partners — will be used to continue development and ongoing clinical trials of the...

Med Tech Firms Make Forbes Small-Companies List

Ventana Medical Systems, in the midst of a hostile takeover bid by Roche, finally has something to smile about: The firm is the highest-ranking med tech firm, at number 17, on Forbes’ 200 Best Small Companies in America list, released last week. The Tuscon, AZ-based company markets automated diagnostic...

National Cancer Institute Fast Tracks Gene-Analysis Platform

Compendia Bioscience, an Ann Arbor, MI, company focused on oncology drug development, has received a $2.4 million Small Business Innovation Research (SBIR) Fast Track Award from the National Cancer Institute (NCI). The money will go toward commercialization of the company’s flagship product, Oncomine,...

Michigan’s Life Sciences Sector Brought Together

The Michigan Life Science Network, an organization founded earlier this year to help bolster its state’s life sciences sector, is launching two new companies to attract business to local medical device and pharma companies. The goal is to facilitate communication with businesses outside of Michigan...