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Medtech Innovator 2014 Winner Announced

June 19, 2014 10:38 am | by RCT Ventures | News | Comments

267 companies submitted their plans. A panel of investor judges reviewed the entries to select the MedTech Innovator Top 10 Semi-Finalists. The investor judges included Christopher P. Martin, President, RCT Ventures; Ned Scheetz, Founder...

Spinal Devices Developer Secures $64 Million Financing

June 19, 2014 9:46 am | by Benvenue Medical | News | Comments

Benvenue Medical, a developer of minimally invasive solutions for spine repair, announced it completed a $64 million round of financing. The spine company intends to use the proceeds to build its US commercial presence, scale up manufacturing...

NDC Implements Voluntary Recall of Guidewire

June 19, 2014 9:41 am | by FDA | Nitinol Devices & Components, Inc. | News | Comments

Nitinol Devices & Components, Inc. (NDC) announced today a voluntary recall of its HydroFinity Hydrophilic Guidewires. The HydroFinity Guidewire is a product developed and manufactured by NDC and distributed by Covidien. It is a nitinol...

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Developing an Improved Liposuction Technique that Melts Fat

June 18, 2014 4:07 pm | by American Chemical Society | News | Comments

Although liposuction is one of the most common and well-established cosmetic surgery procedures in the U.S., it still has its drawbacks. But a new biomedical start-up says it may have found a novel way to improve the procedure using gold...

MedTech Prices Lag Behind CPI, Other Medical Goods

June 18, 2014 11:11 am | by AdvaMed | News | Comments

Medical technology prices continue their trend of consistently low growth, increasing at approximately one-third the rate of prices in the overall economy and one-fifth the rate of prices for other medical goods and services over a 23-year...

CareFusion Launches Comprehensive Line of Micro-Laparoscopic Instruments

June 18, 2014 8:42 am | by PR Newswire | News | Comments

CareFusion, a leading global medical technology company, today announced the commercial launch of its new micro-laparoscopic line of surgical instruments, one of the most comprehensive lines available in the industry. The CareFusion MicroLap...

Technology Detects Bacterial Pathogens in Soldiers' Combat Wounds

June 17, 2014 10:14 am | by Stephen P Wampler, LLNL | News | Comments

A biological detection technology developed by Lawrence Livermore National Laboratory scientists can detect bacterial pathogens in the wounds of U.S. soldiers that have previously been missed by other technologies. This advance may, in time...

Unleashing Clinical Measurements

June 16, 2014 2:38 pm | by Angelo Corsaro, Ph.D., Chief Technology Officer, PrismTech | Blogs | Comments

Medical devices are an essential element of modern medicine as they provide accurate clinical measurements such as oxygen saturation, blood pressure and temperature, x-ray and ultrasound imaging, as well as automatically administer intravenous...

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How to Market Your Device

June 16, 2014 9:34 am | by U.S. Food & Drug Administration | News | Comments

Medical devices marketed in the United States are subject to the regulatory controls in the Federal Food, Drug, and Cosmetic Act (FD&C Act) and the regulations in Title 21- Code of Federal Regulations (21 CFR) Parts 1-58, 800-1299... 

Medtronic to Buy Covidien

June 16, 2014 9:10 am | by Josh Boak, AP Business Writer | News | Comments

U.S. medical device manufacturer Medtronic has agreed to buy Ireland-based competitor Covidien for $42.9 billion in cash and stock. The combined company would have its executive offices in Dublin, where it could benefit from Ireland's lower...

Expanding Orthopedics Inc. Granted a Chinese Patent for its Unique Expandable XPEDT Pedicle Screw System

June 16, 2014 8:26 am | by The Associated Press | News | Comments

Expanding Orthopedics Inc. (EOI), a privately held medical device company focused on developing and commercializing innovative expandable devices for spine surgery, is pleased to announce the grant of a Chinese patent for its XPEDT System...

Hill-Rom Announces Definitive Agreement to Acquire TRUMPF Medical

June 16, 2014 6:27 am | by PR Newswire | News | Comments

Hill-Rom Holdings, Inc. has announced the signing of a definitive agreement to purchase TRUMPF Medical, the medical unit of the privately held TRUMPF Group, for approximately $250 million in cash.  The transaction is expected to close late...

Spinal Fusion Market worth $6,982 Million by 2020

June 15, 2014 12:23 pm | by PR Newswire | News | Comments

Researcher estimates that the spinal fusion market in 2013 was valued at $4,775m across the 10 regions covered in this report, which include the United States (US), France, Germany, Italy, Spain, the United Kingdom (UK), Japan, Brazil, India...

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ulrich medical Releases New Spinal Implant for U.S. Market

June 12, 2014 5:29 pm | by The Associated Press | News | Comments

ulrich medical USA, Inc., has announced the U.S. market release of the uCentum Comprehensive Posterior System for open and minimally invasive (MIS) surgical approaches which is intended to provide immobilization and stabilization of spinal...

Researchers to Dissolve Cost of Secondary Surgery

June 11, 2014 12:45 pm | by University of Canterbury | News | Comments

A University of Canterbury researcher is investigating the potential benefits of using degradable metallic alloy plates and screws for patients with serious head injuries. Mechanical engineering’s Dr Mark Staiger believes that ...   

First Patient Receives HeartAssist5 VAD Following CE Mark Approval

June 9, 2014 5:23 pm | by ReliantHeart | News | Comments

Privately-held ReliantHeart, a leading innovator in mechanical circulatory support therapies, announced the first advanced stage heart failure patient received its next generation HeartAssist5 Ventricular Assist Device (VAD) since the company...

Medical Robotics and Computer-Assisted Surgery Markets to Reach $4.6 Billion in 2019

June 9, 2014 10:25 am | by BCC Research | News | Comments

According to a new report from BCC Research, the global market for medical robotics and computer-assisted surgical (MRCAS) technologies is expected to grow to $4.6 billion by 2019, with a five-year compound annual growth rate (CAGR) of 7%...

The Quest for Long-Lasting Blood

June 9, 2014 8:58 am | by University of Essex | News | Comments

A team of scientists at the University of Essex are hoping to develop a one-size-fits-all, third generation artificial blood substitute. Every day thousands of people around the world have their lives saved or improved thanks to someone...

Surgeon Performs World’s First Spinal Fusion Surgery Using Customized 3-D Printed Spine Cages

June 9, 2014 7:26 am | by The Associated Press | News | Comments

The group, a company that specializes in the development of innovative surgical technologies for the treatment of complex spinal pathologies, announced that a surgeon in Lyon, France has performed the world’s first spinal fusion surgery using...

CardiAQ Valve Technologies Files Lawsuit Against Neovasc

June 6, 2014 1:31 pm | by The Associated Press | News | Comments

CardiAQ Valve Technologies, a leader in the field of Transcatheter Mitral Valve Implantation, announced today that it has filed a federal lawsuit in Boston, Mass. against Neovasc, Inc. for fraud, misappropriation of trade secrets, breach of...

Rural Clinics Increasingly Turn to Telemedicine

June 6, 2014 10:40 am | by Regina Garcia Cano, Associated Press | News | Comments

Fifty years in farming had given Tom Soukup a few brushes with his own mortality, but after a cow pinned him against a wall, death felt closer than ever. He lay on the muddy ground and began to pray, every gasp feeling like a stab to the...

Understanding Mussels' Stickiness Could Lead to Better Surgical Glues

June 5, 2014 11:34 am | by American Chemical Society | News | Comments

Mussels might be a welcome addition to a hearty seafood stew, but their notorious ability to attach themselves to ships' hulls, as well as to piers and moorings, makes them an unwelcome sight and smell for boaters and swimmers. Now...   

3D Silicon Shapes Fold Themselves When Wetted by Microscopic Droplets

June 4, 2014 10:29 am | by American Institute of Physics (AIP) | News | Comments

Researchers from the University of Twente in the Netherlands have taken the precise art of origami down to the microscopic scale. Using only a drop of water, the scientists have folded flat sheets of silicon nitride into cubes, pyramids...

New Challenges/Opportunities for Medical Device Manufacturers Forged by the ACA

June 3, 2014 4:04 pm | by Claudio Bellini, COO, COSMED USA | Blogs | Comments

Amid all the back-and-forth political discussion and controversy surrounding the Affordable Care Act, one fact is clear: more people will have access to traditional healthcare services than ever before. And with that reality, it has become...

MRI-Guided Laser Procedure Provides Alternative to Epilepsy Surgery

June 2, 2014 3:52 pm | by Wolters Kluwer Health | News | Comments

For patients with mesial temporal lobe epilepsy (MTLE) that can't be controlled by medications, a minimally invasive laser procedure performed under MRI guidance provides a safe and effective alternative to surgery, suggests a study in the...

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