Fierce Medical Devices

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Updated: 2 hours 47 min ago

Fitbit for the flu: Researchers show the fitness wearables can help track outbreaks

Fri, 01/17/2020 - 10:04
A new study showed that by employing secondary signals from heart rates, physical activity and sleep quality, common Fitbit trackers may be able to predict the spread of the flu in real time and better than current infectious disease surveillance methods.

Foxconn backs digital X-ray startup Nanox’s $26M round

Fri, 01/17/2020 - 06:49
Nanox, an Israeli medical imaging company, has raised $26 million to help fuel the development and commercialization of its Star Trek-inspired digital X-ray bed.

JPM: Biotech, VC execs on where the industry should look beyond cancer

Fri, 01/17/2020 - 06:46
SAN FRANCISCO—Oncology is clearly a major medical and societal issue: a major killer that, while predominately affecting the older population, can strike the young through a mixture of environmental factors or a genetic lottery. It’s no wonder we struggle to even call it by its name, preferring just the "big C."

Early-stage, CV-focused medtech company? A new fund has $100M in the bank up for grabs

Thu, 01/16/2020 - 01:52
A new $100 million (€85 million) capital fund out of Germany has closed and is looking for “ground-breaking” European, Israeli and American medical technology companies to help push on with heart disease tech work.

JPM: Concerto HealthAI unveils $150M raise, t2 pharma data collaborations

Wed, 01/15/2020 - 13:06
SAN FRANCISCO—Concerto HealthAI unveiled a steady drum beat of announcements at this year’s J.P. Morgan Healthcare Conference, including a $150 million funding round and separate real-world data partnerships with Big Pharma companies.

JPM: TransEnterix submits digital vision surgery assistant for FDA review

Wed, 01/15/2020 - 12:06
SAN FRANCISCO—Robotic surgery company TransEnterix has put up its machine vision system for review by the FDA with the goal of providing a personal digital assistant for surgeons during abdominal procedures.

JPM: Microbot Medical unveils disposable device for remote catheter procedures

Tue, 01/14/2020 - 12:16
SAN FRANCISCO—At the J.P. Morgan Healthcare Conference, Microbot Medical unveiled a new device that aims to let physicians conduct a catheter-based procedure from outside the operating room, sparing them from radiation exposure and physical stress.

JPM: Mayo Clinic, nference launch ambitious data platform initiative

Tue, 01/14/2020 - 11:16
SAN FRANCISCO—Just a week after backing its $60 million series B round, the Mayo Clinic has tapped healthcare data analytics firm nference to build out an artificial intelligence-powered engine that will collate its years of clinical research and pathology work into something more searchable.

JPM: Roche, Illumina unveil 15-year cancer diagnostic tie-up

Mon, 01/13/2020 - 11:16
SAN FRANCISCO—Roche has inked a 15-year partnership with Illumina in oncology, which will include collaborating on new companion diagnostic indications for the DNA sequencing giant’s pan-cancer assay.

Big Pharma partner Schrödinger wants a $100M IPO

Mon, 01/13/2020 - 01:21
Computing-enabled R&D shop Schrödinger wants a $100 million IPO to help boost its nascent pipeline of wholly owned drugs.

Virtual Incision secures $20M to test its gastrointestinal surgery mini-robot

Sat, 01/11/2020 - 09:59
Virtual Incision raised $20 million for the development of its miniaturized surgical robot to help support its regulatory programs and clinical testing.

ArcherDX expands co-marketing, in vitro diagnostics partnerships with Illumina

Sat, 01/11/2020 - 08:59
ArcherDX has signed on to a new multiyear partnership with DNA sequencing giant Illumina to help broaden the use of its cancer tests and companion diagnostics in the U.S. and internationally.

JPM: Ivenix taps new CEO as it brings its digital infusion pump to market

Fri, 01/10/2020 - 13:13
SAN FRANCISCO—Ivenix brought on a medtech veteran to be its new CEO as the manufacturer prepares to bring its next-generation infusion pump to the market. The Boston-based company tapped Jorgen Hansen to be its next chief, after securing a 510(k) clearance from the FDA in June 2019.

Inflammatix raises $32M, plus a BARDA contract, for its point-of-care infection diagnostics

Fri, 01/10/2020 - 12:29
Inflammatix, maker of an immune system-focused molecular diagnostic test, has secured $32 million in funding to power its commercial launches in Europe and regulatory submissions for the FDA.

DNA sequencing hardware startup Omniome raises $60M

Fri, 01/10/2020 - 07:34
DNA sequencing platform developer Omniome has raised $60 million to double its total venture capital financing. The San Diego-based company’s series C round was led by Madrone Capital Partners.

Verily taps Tesla CFO as it looks innovate in value-based care

Fri, 01/10/2020 - 06:43
Google’s life science-focused sister company, Verily, has brought on a new chief financial officer from outside of healthcare, as it builds out its partnerships and projects with regional institutions.

Medtronic begins European launch of brain signal-recording neurostimulator for Parkinson's disease

Thu, 01/09/2020 - 13:07
Medtronic received a CE mark for a deep brain stimulation system that can not only deliver electrical therapy but also record the brain’s signals in order to adjust and personalize treatment.

Abbott names new CFO shortly ahead of CEO transition

Thu, 01/09/2020 - 07:04
Not long after elevating a company veteran to be its next CEO, Abbott has now done the same within its financial leadership. Robert Funck Jr. will take the place of CFO Brian Yoor after he retires at the end of February.

FDA approves less invasive implant technique for Abbott's HeartMate LVAD

Wed, 01/08/2020 - 07:48
The FDA approved a new, less invasive surgical technique for the placement of Abbott’s best-selling heart pump, allowing patients to avoid open surgery.

Medtronic warns spine surgeons its Mazor X robot could come loose and fall

Wed, 01/08/2020 - 07:15
Medtronic alerted customers of its Mazor X robotic surgery system of its potential to come loose and detach itself from an operating room table, and possibly fall upon a patient during a spine procedure.