20 medical device startups you need to know
Here’s a roundup of 20 medical device startups catching the eye of Medical Design & Outsourcing and MassDevice editors this year where MedTech Innovator companies are the majority.
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OrthoGrid Systems Partners with Osso VR
This partnership allows surgeons to become familiar with OrthoGrid’s navigation system and better understand fluoroscopic distortion and its impact on surgical outcomes.
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Chicagoland medical device company raises $15 million in Series B funding
A Chicagoland medical company that makes a device to make it easier for doctors to see in surgery said it's raised $15 in a Series B funding round.Employees formed a limited liability company that contributed $4 million to the funding.
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First AR Spine Surgery Using Augmedics xvision Completed in U.S.
Augmedics’ xvision Spine System has been successfully used for the first time in a spinal fusion surgery in the United States. The system was used in a spinal surgery procedure by Johns Hopkins University surgeons.
Augmedics’ xvision Spine System has been successfully used for the first time in a spinal fusion surgery in the United States. The system was used in a spinal surgery procedure by Johns Hopkins University surgeons.
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Western Ireland’s University Hospital Galway Leading Advanced Heart Failure Monitoring Clinical Trial
The investigational product, known as the Cordella Sensor from U.S.-based company called Endotronix, detects changes in the health of patients with heart failure while securely transmitting information to the cardiovascular team. With this data in real time, the cardiovascular team can not only receive relevant updates but also can intervene with the goal of preventing heart failure flare-up resulting in emergency hospitalization.
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LabCorp Launches Website to Connect Patients with COVID-19 Clinical Trials
LabCorp also announced that it is partnering with digital clinical trial software maker Medable to allow clinical trial participants to engage with trials remotely. This is expected to help with remote data collection, patient engagement and easier app access for trials.
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Bigfoot Biomedical raises $55m in Series C
Milpitas, Calif.-based Bigfoot said in a news release that the proceeds will support product development and the regulatory pathway for its Bigfoot Unity system as a part of the Bigfoot Unity Diabetes Management Program.
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Fibralign Announces Strategic Partnership With Terumo
Fibralign Corp., a Stanford spin-out developer of therapeutic biomedical devices, has announced today that it has executed a long term distributor agreement with Terumo Corporation to market and distribute the BioBridge® Collagen Matrix in Japan for treating and preventing secondary lymphedema. Read More →
Rhaeos, Inc. Receives FDA Breakthrough Device Designation for FlowSense™ Noninvasive Thermal Sensor
The Breakthrough Device Designation is supported by data from several recently published studies demonstrating effective use of FlowSense in detecting changes in cerebrospinal fluid volume and flow. By receiving this designation, Rhaeos will work in close collaboration with the FDA to streamline the market clearance process of FlowSense for this high-risk patient population.
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Arterys Raises $28 Million to Accelerate the Delivery of Medical AI to Practices Around the World
"The current crisis has shown us the necessity of a different approach to providing healthcare, where technology and AI are crucial for future success. Arterys is committed to transforming the way AI is integrated into the medical workflow, a promise that is long due in the industry. We recently launched our cloud platform and marketplace that will consolidate the work of thousands of AI models to be readily available for use by healthcare institutions around the globe," said Henry Weinstein, Managing Partner at Benslie International Ltd.
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