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FDA clears Cynosure’s tattoo-removal device

December 4, 2012 12:00 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Less than five months after getting approval for its laser-based anti-wrinkle device, Cynosure Inc. (Nasdaq: CYNO) has received clearance from the U.S. Food and Drug Administration to market the PicoSure laser workstation for the removal of tattoos and benign pigmented lesions.

Cellanyx Diagnostics, others join North Shore incubator

December 4, 2012 12:00 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Cellanyx Diagnostics Inc., a development stage company focused on in vitro tissue and cell culturing techniques for in vitro diagnostics, is one of three new early-stage companies that have joined North Shore Innoventures, a non-profit incubator that provides mentoring, collaboration opportunities and other resources to early-stage life sciences and cleantech businesses.

Flexion raises $20M in Series B funding

December 4, 2012 12:00 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Flexion Therapeutics Inc. in Woburn, which is developing drugs combined with a long-term delivery system intended to treat osteoarthritis, has received $20 million in Series B funding led by new investor, Novo Ventures.

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Cognoptix licenses Alzheimer’s test from UC San Diego

December 4, 2012 12:00 am | by Mass High Tech: The Journal of New England Technology | News | Comments

Acton medical device company Cognoptix has licensed technology from the University of California at San Diego and developed into a test for the early detection of Alzheimer’s disease.

Deerfield Management Announces Appointment of Jonathan S. Leff as Partner and Chairman of the Deerfield Institute

December 3, 2012 4:50 pm | by The Associated Press | News | Comments

NEW YORK--(BUSINESS WIRE)--Dec 3, 2012--Deerfield Management is pleased to announce that Jonathan S. Leff will be joining the firm as of January 1, 2013 as a Partner of Deerfield Management and Chairman of the Deerfield Institute. Jonathan joins Deerfield after spending more than 16 years with...

Medical device recalls for November 2012

December 3, 2012 4:01 pm | by Mass Device | News | Comments

Class I and class II recalls issued by the Center for Devices & Radiological Health in November 2012. Class I recalls Recalling Manufacturer, Date Posted, Trade Name/Product, Reason for Recall News Well, Food & Drug Administration (FDA), Recallsread more

FDA pledges support for med tech initiative

December 3, 2012 3:13 pm | by MATTHEW PERRONE - AP Health Writer - Associated Press | News | Comments

The Food and Drug Administration said Monday it will collaborate with medical device manufacturers on a public-private partnership designed to speed up the development of new medical technology. The agency said it hopes to offer guidance to the Medical Device Innovation Consortium, a new...

New Study Finds RIVA ‘Leading the Pack’ in Automated IV Compounding Systems

December 3, 2012 2:57 pm | News | Comments

RIVA, the fully automated IV compounding system manufactured by Intelligent Hospital Systems (IH Systems), is ahead of competitors in overall performance, meeting business case expectations and customer satisfaction, according to a new study of IV automation systems by independent healthcare research firm KLAS.

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Jumpstart Bluetooth low energy smartphone app development with SensorTag kit

December 3, 2012 2:15 pm | Texas Instruments Inc. | Product Releases | Comments

Texas Instruments Incorporated (TI), leading the industry with the most complete wireless connectivity portfolio for embedded applications, today announced the availability of its Bluetooth® low energy SensorTag kit.

DePuy Synthes Spine president quits | Personnel Moves

December 3, 2012 2:15 pm | by Mass Device | News | Comments

Johnson & Johnson subsidiary DePuy Synthes Spine's president leaves his position to pursue "opportunities outside of Johnson & Johnson." Namal Nawana, president of Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes Spine, resigned from his role as worldwide president on November 27.

Report: Blackstone leads race for Allscripts | Wall Street Beat

December 3, 2012 1:21 pm | by Mass Device | News | Comments

Blackstone Group is said to be leading the bidding war for electronic medical records company Allscripts (NSDQ:MDRX) but the 2 sides are far from agreeing on a price, according to Reuters. Citing 3 "people familiar with the matter," the news agency said a deal is "highly uncertain."

Volcano has big plans for new $36M Crux Biomedical acquisition

December 3, 2012 12:50 pm | by Mass Device | News | Comments

Medical device company Volcano lays out a road map to FDA wins, commercial launches and milestone payments in connection with its $36 million acquisition of Crux Biomedical. Volcano (NSDQ:VOLC) signed a definitive agreement to acquire Crux Biomedical for $36 million in cash...

Haemonetics ticks up on 2-for-1 split

December 3, 2012 12:33 pm | by Mass Device | News | Comments

Haemonetics (NYSE:HAE) put a 2-for-1 stock split into effect Friday, issuing a single share for each share already owned in time for today's trading. The Braintree, Mass.-based blood management company said the split, in the form of a 100% stock dividend for shareholders of record as of Nov. 9...

Active Implants Corporation Announces Appointment of New President

December 3, 2012 12:16 pm | by The Associated Press | News | Comments

MEMPHIS, Tenn.--(BUSINESS WIRE)--Dec 3, 2012--Active Implants Corporation (AIC) has appointed international med-tech veteran Lex R. Giltaij, MD MBA as President and Chief Operating Officer. The Company also announced the establishment of its subsidiary’s international headquarters in The...

Metric Hoopster Retaining Rings

December 3, 2012 12:15 pm | Smalley Steel Ring Co. | Product Releases | Comments

Smalley Steel Ring Company, the world leader in the manufacturing and development of Spirolox Retaining Rings, Constant Section Rings and Smalley Wave Springs announces the launch of the new Metric Hoopster Retaining Rings.

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