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Manufacturing Organs

January 16, 2014 3:40 pm | by Massachusetts Institute of Technology | News | Comments

Since 2008, eight patients have been given a new chance at life when surgeons replaced their badly damaged tracheas with man-made versions. This highly experimental technology is now moving from research labs to a manufacturing facility as...

Covidien Completes Sale of Confluent Surgical to Integra LifeSciences

January 16, 2014 11:26 am | by Business Wire | News | Comments

Covidien plc today announced that it has completed the sale of its Confluent Surgical product line to Integra LifeSciences Corporation for approximately $235 million in cash. In addition, Covidien may receive up to an additional $30 million...

Integra LifeSciences Completes Acquisition of DuraSeal Product Lines From Covidien

January 15, 2014 2:45 pm | by GlobeNewswire | News | Comments

Integra LifeSciences Holdings Corporation today announced that it has completed the acquisition of DuraSeal product lines from Covidien. Now, together with our DuraGen family of grafts, Integra offers surgeons the largest portfolio of dural repair...

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Stryker affirms 2013 guidance, offers limited glimpse of Mako plans

January 15, 2014 1:17 pm | by Mass Device | News | Comments

Stryker CEO Kevin Lobo told an audience at the J.P. Morgan Healthcare conference this morning that its prior guidance for 2013 still holds true and provided a peek at the blockbuster Mako Surgical acquisition the medtech company closed 3 weeks...

NuVasive soars on estimates for Q4 and 2014

January 15, 2014 1:16 pm | by Mass Device | News | Comments

California medical device maker NuVasive Inc. is flying high today after raising its revenue projections for 2013 amid higher-than-expected 4th quarter sales. The company expects to report $189 million in revenue for Q4, 14% higher year-over...

Kidney Cancer Patients Preserve Kidney Function with Robot-Assisted Partial Nephrectomy

January 14, 2014 12:39 pm | by Henry Ford Health System | News | Comments

Patients with chronic kidney disease who received robot-assisted partial nephrectomy to treat kidney cancer have minimal loss of kidney function -- a smaller amount even than patients with normal kidney function, according to researchers at...

Smith & Nephew Co-Sponsors Competition for Entrepreneurial Medical Device Companies

January 14, 2014 11:17 am | by PR Newswire | News | Comments

Smith & Nephew, the global medical technology business, is proud to announce it will co-sponsor the 2014 Massachusetts Medical Device Development (M2D2) Center's New Venture Competition. Designed to showcase innovative ideas coming out...

Intuitive rises on 4Q sales, procedure outlook

January 14, 2014 10:53 am | by The Associated Press | News | Comments

Shares of Intuitive Surgical climbed Tuesday after the company said it will report stronger than expected revenue in the fourth quarter as procedures performed with its robotic da Vinci system increased. Intuitive said that while sales of the da Vinci...

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Swedish Doctors Transplant Wombs into Nine Women

January 13, 2014 12:00 pm | by Malin Rising and Maria Cheng, Associated Press | News | Comments

Nine women in Sweden have successfully received transplanted wombs donated from relatives and will soon try to become pregnant, the doctor in charge of the pioneering project has revealed. The women were born without a uterus or had it... 

RTI Surgical Announces Agreement to Supply Complete Surgical Specialties Portfolio to Yankee Alliance Members

January 13, 2014 9:00 am | by The Associated Press | News | Comments

RTI Surgical Inc., a leading global surgical implant company, announced a new agreement with Yankee Alliance, a group purchasing organization with more than 14,700 members. The agreement covers RTI’s complete line of surgical specialties implants...

TransEnterix Enters Next Phase of Development of SurgiBot System

January 13, 2014 7:00 am | by The Associated Press | News | Comments

TransEnterix, Inc., a medical device company that is pioneering the use of flexible instruments and robotics to improve minimally invasive surgery, today announced that multiple surgeons have used SurgiBot, the company’s patient-side minimally invasive...

AdvaMed Signs MOU with Taiwan Med Tech Association

January 10, 2014 11:56 am | by AdvaMed | News | Comments

The Advanced Medical Technology Association (AdvaMed) announced today that it has entered into a memorandum of understanding (MOU) with the Taiwan Advanced Medical Technology Association (TAMTA) to facilitate collaboration between the... 

High Costs of Research Made Worse by Funding Gap

January 10, 2014 10:35 am | by Florida Science Communications | News | Comments

Although more opportunity exists for university-based researchers to be innovative, and there is more financial support for innovation than ever before, the cost of university research is rising to new levels and presents a serious funding...

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Motion Evaluation Tool Saves Patients X-Ray Radiation Exposure

January 9, 2014 2:56 pm | by Florida Science Communications | News | Comments

Those have undergone extensive back surgery and need repeated X-rays to monitor their progress may soon have access to a new technology that skips the X-rays and repeated radiation exposure, opting instead for an innovative, noninvasive...

Research Could Expand Availability of Hand, Face Transplants

January 9, 2014 2:01 pm | by Massachusetts General Hospital | News | Comments

Massachusetts General Hospital (MGH) investigators have made an important step towards greater availability of hand transplants, face transplants and other transplants involving multiple types of tissue. In their report in the American Journal...

LensAR closes $10M equity funding round

January 9, 2014 12:35 pm | by Mass Device | News | Comments

Orlando, Fla.-based cataract surgery technology company LensAR closed an equity funding round with $10 million raised from 14 investors, regulatory documents show. The fundraising effort, launched in December, was closed yesterday and use...

Globus Medical Announces Acquisition of Robotics Developer Excelsius Surgical

January 8, 2014 6:42 pm | by The Associated Press | News | Comments

Globus Medical, Inc., a leading musculoskeletal implant manufacturer, today announced that it has acquired Excelsius Surgical. Excelsius Surgical is developing a next generation surgical robotic positioning platform for spine, brain and therapeutic...

Asleep During Brain Surgery: A Comfortable Alternative for Patients with Parkinson's Disease

January 8, 2014 3:42 pm | by PR Newswire | News | Comments

Parkinson's disease is a neurological disorder that affects the central nervous system and currently afflicts over one million people in North America, and more than five million people worldwide, according to the Michael J. Fox Foundation...

Encision Files 510(k) with FDA for AEM® Simplification Product

January 8, 2014 7:00 am | by PR Newswire | News | Comments

Encision Inc., a medical device company owning patented surgical technology that prevents stray electrosurgical burns in minimally invasive surgery, announced today that it has filed a premarket notification under Section 510(k) with the FDA...

ZEISS Broadens Portfolio of Intraocular Lenses

January 7, 2014 9:10 pm | by Business Wire | News | Comments

Carl Zeiss Meditec AG announces it has acquired,through its subsidiary Carl Zeiss Meditec Inc., 100% of the shares in Aaren Scientific Inc., a US-based manufacturer of intraocular lenses (IOLs). Aaren Scientific, headquartered in Ontario...

ArthroCare Announces Entry into a Deferred Prosecution Agreement

January 7, 2014 4:38 pm | by The Associated Press | News | Comments

ArthroCare Corp., a leader in developing state-of-the-art, minimally invasive surgical products, and the U.S. Department of Justice (“DOJ”) entered into a Deferred Prosecution Agreement (“DPA”) filed today with the United States District...

Lumicell closes $1M funding round

January 7, 2014 3:57 pm | by Mass Device | News | Comments

Lumicell Diagnostics Inc. hit the $1 million goal for its funding round. Wellesley, Mass.-based Lumicell is developing a hand-held imaging system designed to give physicians a better picture of the amount of cancer remaining at tumor sites...

Stealthy Cardinal Spine seeks $1.3M

January 7, 2014 3:40 pm | by Mass Device | News | Comments

Cardinal Spine is seeking $1.25 million from investors to support corporate operations, according to a regulatory filing. Louisville, Ky.-based Cardinal Spine, founded in 2008, is developing an interbody fusion device designed to stabilize...

ArthroMeda nears $2M in latest round

January 7, 2014 3:28 pm | by Mass Device | News | Comments

ArthroMeda hauled in $1.6 million in an equity offering it hoped would raise $2 million, according to a regulatory filing. Ayer, Mass.-based ArthroMeda develops devices used in total hip arthroplasties that are designed to help physicians...

Next Generation Procedures Tables Set New Benchmark in Efficient, Patient-Focused Design

January 6, 2014 3:56 pm | by Midmark Corporation | News | Comments

As the healthcare industry evolves and places renewed emphasis on patient-caregiver engagement, Midmark Corporation, a leading medical solutions provider and trusted leader in digital diagnostic devices for non-acute care, recently introduced...

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