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Dune Medical Devices Raises $21 Million in Funding

June 26, 2014 9:56 am | by PR Newswire | News | Comments

Dune Medical Devices has announced that it has successfully completed the first of a two stage $21 million equity financing. The initial closing was completed for $14 million with a second tranche of $7 million to be completed by October...

Intuitive Surgical Receives CE Mark for the da Vinci Xi Surgical System

June 25, 2014 9:16 am | by Globe Newswire | News | Comments

Intuitive Surgical, Inc., the global leader in robotic-assisted minimally invasive surgery, today announced it has received a CE Mark for its da Vinci Xi Surgical System. Achieving this milestone allows the company to market the Xi System...

GlobalData Analysts: Strategic Benefits, Not Tax Avoidance, the Main Motivation for Medtronic Megadeal

June 24, 2014 2:08 pm | by GlobalData | News | Comments

Medtronic’s $42.9 billion merger with Covidien, which created last week the world’s largest medical devices company, was primarily motivated by future market gains rather than tax inversion, according to analysts with research and consulting...

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Covidien Launches Pipeline Flex Embolization Device in Europe

June 24, 2014 10:17 am | by Business Wire | News | Comments

Further strengthening its broad line of neurovascular products to treat unruptured brain aneurysms, Covidien plc announced the European launch of its Pipeline Flex embolization device at the annual Live Interventional Neuroradiology &...

Covidien Files Patent Infringement Lawsuit over Ethicon's Ultrasonic Surgical Devices

June 24, 2014 10:07 am | by Business Wire | News | Comments

Covidien has announced that it filed a lawsuit in the U.S. District Court for the District of Connecticut against Ethicon Endo-Surgery, Inc., a Johnson & Johnson company. The lawsuit alleges that Ethicon’s latest ultrasonic surgical...

'Flight Simulator' Technology Gives Neurosurgeons a Peek Inside Brain Before Surgery

June 23, 2014 3:49 pm | by NYU Langone Medical Center | News | Comments

NYU Langone Medical Center is now using a novel technology that serves as a "flight simulator" for neurosurgeons, allowing them to rehearse complicated brain surgeries before making an actual incision on a patient. The new simulator, called...

Drug-Eluting Patch Stops Scar Growth and Reduces Scar Tissues

June 23, 2014 2:35 pm | by World Scientific | News | Comments

Scars — in particular keloid scars that result from overgrowth of skin tissue after injuries or surgeries — are unsightly and can even lead to disfigurement and psychological problems of affected patients. Individuals with darker pigmentation...

Will Robots Render Surgeons Obsolete?

June 23, 2014 9:22 am | by Bloomberg | Videos | Comments

New York University Langone Robotic Surgery Center’s Dr. Michael Stifelman discusses robotic surgery on Bloomberg Television’s “Bloomberg West.”                       

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Healing Bone Defects Using Regenerative Medicine

June 19, 2014 3:36 pm | by youris.com | News | Comments

Bone is one of the most frequently transplanted tissues. And the demand is rising. Transplants treat large defects like those caused by trauma, complicated fractures, tumor resection or osteoporosis. Conventionally, a piece of bone is...  

Human Bones from the Lab

June 19, 2014 3:26 pm | by youris.com | Videos | Comments

Bone defects, like a damaged femoral head, are usually replaced by metal implants. This has many disadvantages, but now scientists in Germany have created bone material from human stem cells that could bring significant improvement to the...

Developing a Diverse Toolbox for Regenerating Bones – A Q&A with Heike Walles

June 19, 2014 3:16 pm | by youris.com | News | Comments

Bone grafts are among the most sought after tissue transplants in clinical practice. And this demand is expected to rise due to an ageing population. Now, the EU-funded project Vascubone, due to be completed in December 2014, aims at providing...

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...

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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...

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...

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...

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...

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