NovaDel Pharma CEO Resigns
Jan Egberts has resigned as president and CEO of Flemington, NJ-based NovaDel Pharma. The company’s board has appointed its chairman, Steven Ratoff, to serve as […]
Month: July 2007
Series D Round May Bring Cyntellect $23.4 Million
Cyntellect, a San Diego firm whose devices enable scientists to use live cells in research, has closed $15.1 million in venture funding. Under the terms […]
iWalk Unveils Computerized Prosthetic
iWalk, a Cambridge, MA, startup backed by Nicholas Negroponte, founder of the One Laptop per Child organization and one of the original investors in Wired […]
Investments in Midwest Startups Reach New Heights
Midwestern healthcare startups are going strong in 2007, on track to double the amount of funding raised last year. According to the just released BioEnterprise […]
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 […]