Investments in Midwest Startups Reach New Heights
Midwestern healthcare startups are going strong in 2007, on track to double the amount of funding raised last year. According to the just released BioEnterprise […]
Articles by Sara Calabro
ev3–FoxHollow Merger Creates Endovascular Powerhouse
Two endovascular device companies, ev3 and FoxHollow Technologies, announced over the weekend a merger that would create a combined company with a $1.7 billion market […]
Oncologix Suffers Setback, Seeks Capital
Oncologix Tech, of Suwanee, GA, has suffered a setback in the development of its lead product, a radiation device for treating soft-tissue cancers. Recent testing […]
HemCon Bandages Battle Their Way into Hospitals
HemCon Medical Technologies, a Portland, OR-based wound-care company, has inked a deal with Cardinal Health to bring HemCon’s hemorrhage-control bandages — thus far, used primarily […]
Satiety Raises $30 Million for Obesity Device
Satiety, a six-year-old Palo Alto, CA, company that’s working on a device that restricts how much food the stomach can hold, has raised $30 million […]
Inverness Acquires Majority Stake in Diamics
Diamics, a Novato, CA-based company that develops molecular-based cancer screening and diagnostic systems, has secured a $6 million equity investment from Inverness Medical Innovations. The […]
Pulmonary Device Market May Present Big Opportunity
If you’re looking to invest in medical devices, the pulmonary market might be a good place to focus your energy. That’s according to a new […]
Arthritis Imaging Device Backed by Regional Group
Cartesia Dx, a Pittsburgh-based company whose technology uses three-dimensional and thermal images to spot inflammation, is the latest startup to receive backing from a local […]
Software Firm Secures $600K for Immunoassay Testing
Brendan Technologies, a Carlsbad, CA, company that makes software for immunoassay and bioassay testing technologies, has secured $600,000 in bridge financing. The firm, which works […]
Lumera Forms Bioscience Subsidiary
Roughly a year after a corporate restructuring that separated its bioscience and communications units, Bothell, WA-based Lumera has formed a wholly owned subsidiary for its […]