Current Surgical is developing a ‘smart’ needle designed to treat cancerous tumors
D.C.-based Current Surgical this week announced a $3.2 million seed. The round, which brings the firm’s total raise up to $4 million, was led by True Ventures and features 1517 Fund and SciFounders. It will be used, in part, to... Read More →
Machine Bio Awarded Technology in Space Prize Through MassChallenge Startup Accelerator
Biotech Company from California Seeks to Advance Technology that Synthesizes Pure Proteins from DNA in Microgravity Through the International Space Station National Laboratory Boston (MA), February 17, 2023 – Machine Bio, Inc., a biotechnology startup from Claremont, CA, has been selected to... Read More →
Rhaeos Raises $10.5M in Series A Funding to Launch Novel Hydrocephalus Shunt Monitor and Accelerate Pipeline Product Development
FlowSense shunt monitor quickly and non-invasively detects the flow of cerebrospinal fluid in implanted shunts, addressing a significant unmet need in hydrocephalus patient management EVANSTON, Ill., Feb. 16, 2023 /PRNewswire/ — Rhaeos®, Inc. (Rhaeos), a clinical stage medical device company... Read More →
VA names NeuroFlow a winner in $20 million Mission Daybreak grand challenge to reduce Veteran suicides
The U.S. Department of Veterans Affairs has named NeuroFlow as a winner in Mission Daybreak — a $20 million challenge designed to help the VA develop new suicide prevention strategies for Veterans. As a winner, NeuroFlow will receive $500,000. NeuroFlow’s... Read More →
Macmillan invests in Neutrocheck device for home-testing neutropenic sepsis
Macmillan Cancer Support, the cancer charity, has invested in Neutrocheck – a portable device and accompanying app in development from 52 North Health – with the aim to help people with cancer test their risk of life-threatening neutropenic sepsis at... Read More →
National Kidney Foundation Innovation Fund Announces Investment in Relavo
PeritoneX® technology aims to improve health equity and access to home dialysis NEW YORK, Feb. 15, 2023 /PRNewswire/ — The National Kidney Foundation (NKF) today announced the latest investment from its Innovation Fund, the philanthropic impact investment program of NKF.... Read More →
RevBio Receives a Strategic Investment from Pacific Dental Services to Support Ongoing Clinical Trials in Implant Dentistry
TETRANITE® is a novel biomaterial technology purpose-designed to reduce the duration and complexity of dental implant procedures LOWELL, Mass.–(BUSINESS WIRE)–RevBio, Inc. announced that it has received a strategic investment from Pacific Dental Services® (PDS) to support the clinical development of... Read More →
Cork medtech company acquired by German firm featuring AventaMed
AventaMed was spun out of Munster Technological University in 2015, specialising in ENT technologies Cork-based medical technologies company, AventaMed has been acquired by German firm, Karl Storz for an undisclosed amount. Originally spun out of Munster Technological University in 2015,... Read More →
Laborie Expands NICU footprint with Acquisition of Novonate
The acquisition of Novonate’s flagship product, LifeBubble, grows Laborie’s Obstetrics, Gynecology and Neonatal portfolio. PORTSMOUTH, N.H., Feb. 14, 2023 /PRNewswire/ — Leading diagnostic and therapeutic medical technology company, Laborie Medical Technologies Corp. (Laborie), announced that it has acquired Novonate, Inc.... Read More →
Insulet pays Bigfoot Biomedical $25M for pump-based automated insulin delivery technology
Dive Brief: Insulet has paid Bigfoot Biomedical $25 million for pump-based automated insulin delivery (AID) technologies and patents. Bigfoot initially aimed to develop a pump- and pen-version of its AID system, but has narrowed its focus in recent years. The... Read More →