Minnesota Firm Raises $8.5 Million for Nanotech Investment
The Minneapolis/St. Paul Business Journal reported yesterday that IFC Medical, a small medical technology company based in Plymouth, MN, has raised $8.5 million to invest in […]
Month: April 2007
AquaSonix Therapy Hits Hospitals and Rehab Centers
AquaSonix Therapy, a treatment program that combines sound pressure waves with low impact exercise in a warm water pool, is being made available to hospitals, […]
Spirus Medical Raises $8.5 Million
Spirus Medical, a diagnostics company based in Stoughton, MA, has raised $8.5 million in Series B convertible preferred stock financing. BioVentures Investors, Point Judith Capital and Village […]
Optovue Scanner Honored for Best Medical Design
In the latest issue of Business 2.0, Optovue, an ophthalmic device company located in Fremont, CA, was honored for the design of its RTVue retina scanner. RTVue […]
FDA Seizes Shelhigh Devices
After uncovering “significant deficiencies” in the company’s manufacturing processes, FDA seized all implantable devices made by Union, NJ, device maker Shelhigh. The agency said the […]
Cordis to Sell Sleek and Savvy Catheters
Johnson & Johnson’s Cordis Corporation has signed on to distribute percutaneous transluminal angioplasty (PTA) balloon catheters made by ClearStream Technologies, a medical device firm based […]
On the Heels of Darco, Wright Pays $8M for R&R Biz
Just two weeks after Wright Medical paid $17 million for Darco International‘s reconstructive foot surgery business, the Arlington, TN, orthopedics firm is forking over $8 million in cash for […]
Signalife Contracts 25 Reps for ECG Monitoring System
Signalife, a Greenville, SC, firm specialized in biomedical signal monitoring, has hired a new distribution organization for its Fidelity 100 product line. The technology, originally […]
Biomoda Hopes Marketing Will Boost Licensing and Sales
Biomoda, an Albuquerque, NM, maker of cancer diagnostics, announced today that it has hired Synergestic Marketing to help “accelerate licensing development and sales relationships with customers […]
‘Glaring Lack’ of Capital for Connecticut Start Ups
An article in today’s Connecticut Business News Journal says Connecticut’s medical device market is taking off — with over 300 companies between New Haven and […]