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X2 Biosystems seeks $5 million for concussion patch

December 24, 2013 10:29 am | by Mass Device | News | Comments

X2 Biosystems is looking to bring in $5 million in a new funding round. The Seattle-based medical device company is offering debt and options in this round. The company has yet to attract investors, according to a regulatory filing.   

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Study: Hip implant regulatory review 'entirely inadequate'

December 24, 2013 9:59 am | by Mass Device | News | Comments

A group of U.K. researchers is calling for a major shift in regulation of orthopedic hip implants, warning that a significant number of the devices get on the market without providing much evidence of their safety or efficacy. University...

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Central Europe and Baltic States Medical Device Market Reports

December 24, 2013 9:22 am | by PR Newswire | News | Comments

Central Europe and Baltic States Medical Device Market Reports are published by Espicom. Each report provides an individual and highly-detailed analysis of each market, looking at the key regulatory, political, economic and corporate developments...

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Manufacturing Technologies and NPI to Shorten Time-to-Market for Medical Devices

December 24, 2013 9:15 am | Express Manufacturing Inc. | News | Comments

Express Manufacturing (EMI) has announced the implementation of a plan to expand support for their current and future customers from 2014. Developed as a response to customer feedback, this plan will address customer demand for high quality...

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Medtronic to invest $6M, create 150 jobs in Puerto Rico expansion

December 23, 2013 2:58 pm | by Mass Device | News | Comments

Medtronic is launching a 3-year, $6 million project to boost its footprint on Puerto Rico, in a move that is slated to bring some 150 new jobs to the Caribbean island, according to Gov. Alejandro García Padilla. "Medtronic's expansion...   

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Solx adds $2M in options round

December 23, 2013 1:29 pm | by Mass Device | News | Comments

Solx adds $2.1 million in and options and debt round for its glaucoma shunt. Solx said it added $2.1 million to its coffers in an options and debt round. The Waltham, Mass.-based medical device company is seeking around $4.8 million in funding...

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Mederi Therapeutics Closes Funding of $18.5 Million

December 23, 2013 1:00 pm | by The Associated Press | News | Comments

Mederi Therapeutics Inc. announced today the closing on $18.5 million, comprised of Series B preferred stock and venture debt. Participating in this round were Acadia Woods Partners, LLC, Respiratory Diagnostics Inc., a subsidiary of Bio-Rad...

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Pavilion Holdings seeks $10M for new medtech pipeline group

December 23, 2013 12:29 pm | by Mass Device | News | Comments

Pavilion Holdings Group said it is seeking $10 million for new venture group, Pavilion Ventures, which will take over all of its current medical device projects. PHG has acted as an incubator for many of the companies it has worked with, having...

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Synapse Biomedical lands $2M

December 23, 2013 11:29 am | by Mass Device | News | Comments

Synapse Biomedical said it landed $2.4 million in funding from the Ohio Third Frontier Commission for the next generation of its NeuRx technology. The NeuRx device is designed to provide electrical stimulation to the muscles and nerves of...

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BioMonitor Now Approved for Full-Body MR Scans

December 23, 2013 9:59 am | by Biotronik | News | Comments

According to a well-known Berlin cardiologist, monitoring devices enable physicians to treat patients more effectively. The BioMonitor from BIOTRONIK is now approved for full-body MR scans. As the medical director of the Department of... 

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First-In-Man Implantation of CARMAT’s Bioprosthetic Artificial Heart

December 23, 2013 9:43 am | by CARMAT | News | Comments

CARMAT, the designer and developer of the world’s most advanced total artificial heart project, providing an alternative for people suffering from end-stage heart failure, announces the first implantation of its artificial heart, as part...

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$25 Million Funding for Next Generation 3D Bio-Systems

December 23, 2013 9:27 am | by University of Wollongong | News | Comments

Important new functional 3D devices including soft robotic limbs and solar fuel devices will be developed in a new world center for 3D Electromaterials based at the University of Wollongong. The ARC Centre of Excellence for Electromaterials...

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$3.5M Awarded for Commercialization of Medical Devices for Children

December 23, 2013 9:09 am | by Georgia Tech | News | Comments

The Atlantic Pediatric Device Consortium (APDC) has been awarded $3.5 million over five years by the U.S. Food and Drug Administration to assist scientists, clinicians and entrepreneurs in bringing medical devices for children to the market...

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Airgas to Increase Prices on Helium 20 Percent

December 23, 2013 8:56 am | by The Associated Press | News | Comments

Airgas is increasing prices on helium by 20 percent, citing rising acquisition and distribution costs. The price jump will take effect immediately, though Airgas said Friday that price increases may differ depending on market conditions or...

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Mevion Medical Systems Delivers First MEVION S250 Proton Therapy System for Treatment

December 23, 2013 8:00 am | by PR Newswire | News | Comments

TechPrecision Corporation, an industry leading global manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the naval/maritime, energy and precision industrial sectors, today...

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