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 […]
Stem Cell Engineering Company Raises $25 Million
Novocell, a stem cell engineering company based in San Diego, has raised $25 million in a Series C round. Led by Johnson & Johnson Development […]