Okami Medical announced today that it closed a $32.5 million financing round to support its catheter-based technologies. Aliso Viejo, California-based Okami develops multiple technologies for peripheral vascular occlusion. To date, it developed the LOBO (low-profile braided occluder) vascular occlusion system and the Sendero … [Read more...] about Okami Medical closes $32.5M financing to support catheter tech for peripheral vascular occlusion
Business
Cook Medical launches IVF device in U.S.
Cook Medical announced today that it launched its NestVT vitrification device for in-vitro fertilization (IVF) in the U.S. Bloomington, Indiana-based Cook designed NestVT as a secure solution for embryos and oocytes during vitrification, cryo-storage and relocation. The company says the launch coincides with an effort to become a trusted IVF … [Read more...] about Cook Medical launches IVF device in U.S.
InterVene raises $13M to support catheter tech development
InterVene announced today that it raised $13 million in a Series A financing round to support its Recana catheter system. New investor Treo Ventures and existing investor RiverVest Venture Partners co-led the round. In conjunction with the financing, Brad Vale, Treo Ventures founding general partner, joins InterVene's board of … [Read more...] about InterVene raises $13M to support catheter tech development
Route 92 Medical files patent infringement lawsuit against Q’Apel over catheter tech
Route 92 Medical announced today that it filed a lawsuit against Q'Apel Medical alleging the infringement of five catheter patents. San Mateo, California-based Route 92 develops a suite of reperfusion and access systems leveraging the patented Tenzing delivery catheter. The products aim to improve the efficiency of endovascular thrombectomy … [Read more...] about Route 92 Medical files patent infringement lawsuit against Q’Apel over catheter tech
Zeus appoints Tim Sette as CFO
Zeus today announced it appointed Tim Sette as chief financial officer. Sette will be responsible for driving the polymer extrusion and catheter manufacturing company's financial strategy and operational performance as the company continues to accelerate growth post-acquisition. He has more than a decade of experience in the medical device … [Read more...] about Zeus appoints Tim Sette as CFO
RenovoRx to increase production of RenovoCath catheter delivery system
RenovoRx announced today that it plans to increase the production of its RenovoCath catheter-based delivery system. The Los Altos, California-based company cited increased demand for the delivery of diagnostic and/or therapeutic agents. It signed a new project work order with its principal manufacturing partner, Medical Murray, providing for an … [Read more...] about RenovoRx to increase production of RenovoCath catheter delivery system
Quasar Medical acquires balloon maker Ridgeback Technologies
Quasar Medical announced that it completed the acquisition of Ridgeback Technologies, a maker of cutting-edge catheter balloons. The company says Galway, Ireland-based Ridgeback's offerings enhance its full-service portfolio of minimally invasive medical devices. The company provides end-to-end manufacturing solutions for such devices and now … [Read more...] about Quasar Medical acquires balloon maker Ridgeback Technologies
Neurovascular tech company Route 92 Medical adds $50M in funding
Route 92 Medical announced today that it added a $50 million extension to its oversubscribed Series F financing round. The extension brings the total funding in the Series F round to $82 million. Novo Holdings joined returning investors U.S. Venture Partners, Norwest Venture Partners, InnovaHealth Partners and The Vertical Group in the … [Read more...] about Neurovascular tech company Route 92 Medical adds $50M in funding
Merit Medical to buy Cook Medical’s lead management portfolio
Merit Medical Systems (Nasdaq:MMSI) announced today that it agreed to acquire Cook Medical's lead management portfolio for $210 million. Cook Medical's lead management business provides medical devices and accessories used in lead management procedures. These procedures occur in patients who need a pacemaker or an implantable … [Read more...] about Merit Medical to buy Cook Medical’s lead management portfolio
J&J’s Shockwave adds enhanced catheter to U.S. IVL portfolio
Johnson & Johnson MedTech's Shockwave Medical today announced the full U.S. launch of its Shockwave E8 peripheral IVL catheter. Santa Clara, California-based Shockwave launched the intravascular lithotripsy (IVL) catheter following FDA clearance. It designed the catheter to optimize the treatment of patients with calcified femoro-popliteal … [Read more...] about J&J’s Shockwave adds enhanced catheter to U.S. IVL portfolio
