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Month: June 2007

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Cardica Gets $11.9 Million to Advance Anastomosis Systems

June 8, 2007 Sara Calabro 0

Cardica, a Redwood City, CA, company that makes anastomosis systems for coronary artery bypass graft (CABG) surgery, has raised $11.9 million in a private placement […]

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Singulex Raises $19.1 Million

June 7, 2007 Sara Calabro 0

Singulex, a Hayward, CA, company (with R&D operations in St. Louis) that makes diagnostics for detecting levels of protein biomarkers, has raised $19.1 million in […]

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NOVX’s Quick-Response Drug Test Gets 501(k) Clearance

June 7, 2007 Sara Calabro 0

NOVX Systems, a venture-backed Canadian company working on technologies for addiction management, has received 501(k) clearance for its iMDx System for point-of-care drug testing. iMDx […]

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Tepha Closes $10.7 Million in Venture Funding

June 6, 2007 Sara Calabro 0

Tepha, a Cambridge, MA, company whose biopolymer technology is used to create new biomaterials that can be applied to a variety of devices, has closed […]

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Cholestech Joins Inverness’ Cardiac Diagnostics Arsenal

June 5, 2007 Doug Cress 0

Hayward, CA-based Cholestech is the latest diagnostics company to be acquired by Inverness Medical Innovations, an expanding Waltham, MA, company that’s been on a buying […]

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NxStage Hopes Medisystems Acquisition Brings Profitability

June 5, 2007 Sara Calabro 2

NxStage Medical, a Lawrence, MA, company that makes dialysis systems, plans to acquire the private company whose cartridges are used in its NxStage System One […]

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Pioneer Boosts Orthobiologics Presence With Encelle Deal

June 5, 2007 Sara Calabro 0

Pioneer Surgical Technology, a Marquette, MI, company that makes spinal and orthopedic implants, furthered its committment to orthobiologics yesterday, when it entered an agreement to […]

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Telecom Entrepreneur Sinks Cash into Med Tech Startup

June 4, 2007 Sara Calabro 0

An Irish entrepreneur has decided to stray from his normal playing field of telecommunications to invest in a startup medical device company after becoming impressed […]

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Generic Medical Devices Puts Feet on the Street

June 4, 2007 Sara Calabro 0

Gig Harbor, WA-based Generic Medical Devices (GMD) has formed a U.S. sales team to start pushing its low-cost devices. GMD, the first company in the medical […]

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Organogenesis Gets Funding to Stay in Massachusetts

June 1, 2007 Sara Calabro 0

Governor Deval Patrick of Massachusetts now has at least one example that his $1 billion life sciences initiative, unveiled last month at the BIO convention […]

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