New Spine-Surgery System Launched Nationwide
Innovative Spinal Technologies, a Mansfield, MA, company that makes motion-preservation treatments for spinal disorders, has officially launched its Paramount VBR System for minimally invasive spine […]
Month: August 2007
SyntheMed Closes $2.8 Million Equity Financing
SyntheMed, an Iselin, NJ-based biomaterials company, has completed the initial closing of a $2.8 million equity financing. The money will help fund the U.S. launch […]
Three Pittsburgh Firms Split $350K
Pittsburgh Life Sciences Greenhouse (PLSG), a regional organization dedicated to nurturing startup life sciences companies in Southwestern Pennsylvania, has invested $350,000 in three local firms […]
SurModics Acquires BioFX for $22.7 Million
In an all-cash deal that could be worth up to $22.7 million, Eden Prairie, MN-based SurModics, which provides surface-modification and drug-delivery technologies to medical-device and […]
GeneNews Secures $2 Million for Prostate Tests
GeneNews (formerly ChondroGene), a Toronto-based molecular diagnostics firm, has secured $2 million in funding through an agreement with an Asian Biomedical consortium. GeneNews’ most advanced […]
Madison, WI, Named Big Cheese of Startup Cities
The on-stands issue of Fast Company includes a “Fast Cities” feature, in which 30 urban centers are acknowledged as good places to start and run […]
KFx Medical Closes $10 Million Series B Financing
KFx Medical, a four-year-old orthopedic-device maker from Carlsbad, CA, has closed $10 million in Series B financing. The financing — led by Alloy Ventures, and […]
Biophan Sells Patents to Medtronic for $11 Million
Biophan Technologies, a Pittsford, NY-based imaging company, has agreed to sell its MRI-safety patents to Medtronic for $11 million. The company will turn over a […]
Dept. of Homeland Security Ups Nanomix Grant
Nanomix, an Emeryville, CA-based nanoelectronic detection company, has received an additional $260,000 from the Department of Homeland Security (DHS) for a classified three-year project involving […]
Biofisica Secures $2 Million for New Wound Product
Biofisica, a Duluth, GA, wound-care company, has secured $2 million in financing to support its first product, a medical device that combines moist wound-care dressing […]