Endovascular Engineering today announced the closing of a $15 million Series A1 financing co-led by Santé Ventures and Cordis. The Menlo Park, California–based startup is also called E2. It's focused on developing advanced mechanical thrombectomy technology. "With the close of this funding, we will continue the journey from concept to … [Read more...] about Cordis among those investing $15M in Endovascular Engineering
Junkosha honors Creo Medical CTO as the winner of its its Technology Innovator of the Year Awards
Junkosha announced today that it is awarding Creo Medical founder and CTO Chris Hancock with a $25,000 prize as the winner of its inaugural Technology Innovator of the Year Awards. The U.K.-based company has created an advanced energy multimodality instrument developed for flexible endoscopy. According to Junkosha, Creo Medical's technology … [Read more...] about Junkosha honors Creo Medical CTO as the winner of its its Technology Innovator of the Year Awards
Stereotaxis opens new headquarters in St. Louis
Surgical robotics company Stereotaxis (NYSE: STXS) is holding a grand opening today for its 45,000 ft² headquarters facility in downtown St. Louis. The new headquarters is located in the renovated historic Globe Building in St. Louis’s growing Downtown North Urban Insight District. It's an all-in-one facility housing research and development, … [Read more...] about Stereotaxis opens new headquarters in St. Louis
LaserLinc launches high speed, online inspection and measurement system
LaserLinc (Fairborn, Ohio) recently launched a high-speed, online inspection and measurement system called FlawSense. The system enables manufacturers of high-specification tube, pipe, and wire and cable to detect surface defects during manufacturing and change processes accordingly. Intended uses include measuring flaws and outside diameter and … [Read more...] about LaserLinc launches high speed, online inspection and measurement system
Junkosha boosts production of PTFE liners and FEP-based heat shrink
Junkosha announced today that it plans to double production capacity to meet shortages of PTFE liners and FEP-based heat shrink for catheter manufacturers. Both OEMs and contract manufacturers in the catheter space are stressed from shortages in the global supply of vital components, according to the Japanese maker of sophisticated fluoropolymer … [Read more...] about Junkosha boosts production of PTFE liners and FEP-based heat shrink
ICU Medical completes $2.35B purchase of Smiths Medical
ICU Medical (NASDAQ:ICUI) recently announced that it has completed its $2.35 billion acquisition of Smiths Medical from the Smiths Group. Smiths Medical's business includes syringe and ambulatory infusion devices, vascular access, and vital care products. The merger creates an infusion therapy company with estimated annual revenues of roughly … [Read more...] about ICU Medical completes $2.35B purchase of Smiths Medical
Abbott sees the delivery system as a differentiator for its TAVR
A top Abbott executive explains how the company's FlexNav delivery system could make the Portico TAVR competitive. Abbott is aiming to claw away market share from transcatheter aortic valve replacement pioneers Edwards Lifesciences and Medtronic. The Abbott Park, Illinois–based medtech company in September announced FDA approval of its Portico … [Read more...] about Abbott sees the delivery system as a differentiator for its TAVR
Argon Medical Devices acquires Matrex Mold and Tool
Argon Medical Devices — maker of devices for interventional procedures — announced today that it has bought plastic injection molding provider Matrex Mold and Tool. The financial terms of the deal were not disclosed. Frisco, Texas–based Argon has been a customer of Wisconsin-based Matrex for more than 25 years. Argon officials said the merger … [Read more...] about Argon Medical Devices acquires Matrex Mold and Tool
Philips to buy Vesper Medical and its advanced venous stent portfolio
Royal Philips announced today that it will acquire Vesper Medical, a Wayne, Pennsylvania–based maker of minimally-invasive peripheral vascular devices. The financial terms of the deal were not disclosed. The purchase will enable the Dutch medtech giant to expand its diagnostic and therapeutic devices portfolio with advanced venous stents. The … [Read more...] about Philips to buy Vesper Medical and its advanced venous stent portfolio
Medtronic says study results show alternative spine procedures could reduce opioid use
Medtronic (NYSE: MDT) says a study shows its balloon kyphoplasty (BKP) and vertebroplasty (VP) technology could eliminate opioid use among many with spinal fractures. The medical device giant sponsored a retrospective claims analysis of a large, nationally representative insurance claims database. The results — recently published in Osteoporosis … [Read more...] about Medtronic says study results show alternative spine procedures could reduce opioid use