PhotoniCare, Inc. Signs Exclusive Distribution Agreement with Adachi Co., LTD to Commercialize the TOMi Scope in Japan
PhotoniCare, Inc., a medical device company headquartered in Champaign, Illinois, has signed an exclusive distribution agreement with Adachi Co., LTD, (Osaka, Japan) to commercialize PhotoniCare’s TOMi™ Scope device throughout Japan. PhotoniCare’s TOMi Scope uses an advanced light-based technology to see through the eardrum. For... Read More →
How the future of minimally invasive surgery could revolutionize healthcare, featuring Centerline Biomedical
Minimally invasive surgery promised faster recoveries, less pain, less ‘collateral’ damage to healthy parts of the body and fewer complications, thus reducing costs and improving outcomes. But in many cases, benefits haven’t been realized as quickly as promised, with a... Read More →
Tech Kentucky businesses awarded $2.18M in SBIR/STTR match funding, featuring Liberate Medical
FRANKFORT, Ky. — Ten high-tech Kentucky companies will receive $2.18 million in state matching funds to promote growth and job creation in high-paying research and technological fields, from disease research to water treatment. The Kentucky grants match in part the recently... Read More →
General Electric : Picturing the Path to Precision Health and Better Care
One-third of hospitalized sepsis patients die, according to research published in 2017 in JAMA: The Journal of the American Medical Association. Yet there’s recent research that suggests use of early goal-directed therapy, or EGDT, in the emergency department care of... Read More →
Redox To Power EHR Integration in Microsoft Teams Through FHIR
MADISON, Wis.–(BUSINESS WIRE)–Redox today announced that it is integrating with Microsoft Teams to enable secure, bidirectional data exchange with electronic health record (EHR) software at provider organizations using the FHIR (Fast Healthcare Interoperability Resources) standard. As a result, clinicians and caregivers can easily... Read More →
CathWorks FFRangio System Receives FDA Clearance
CathWorks announced that its FFRangio System has received U.S. Food and Drug Administration (FDA) 510(k) clearance. The FFRangio system demonstrated accuracy versus the invasive FFR wire in a blinded comparative study, FAST-FFR. The results of the FAST-FFR pivotal study were... Read More →
Osso VR Awarded More Than $200,000 from the National Science Foundation to Advance its Surgical Skill Assessment Platform
Osso VR Awarded More Than $200,000 from the National Science Foundation to Advance its Surgical Skill Assessment Platform Leading VR-based surgical training platform using NSF’s Small Business Innovation Research Program funding to implement automation technology into surgeon assessment tool PALO... Read More →
CathWorks Announces Completion of $30 Million Financing
KFAR-SABA, Israel & ALISO VIEJO, Calif.–(BUSINESS WIRE)–CathWorks announced the completion of a $30 million Series C financing round led by Deerfield Management. Jim Corbett, CathWorks CEO, stated, “We are delighted to have such a notable investor leading this round and... Read More →
GT Medical Technologies Announces $10 Million Financing to Support Launch of Targeted Therapy for Patients with Recurrent Brain Tumors
TEMPE, Ariz.–(BUSINESS WIRE)–GT Medical Technologies, Inc., a company dedicated to improving the lives of patients with brain tumors, today announced that it has raised $10 million in a Series A financing led by MedTech Venture Partners with participation from BlueStone... Read More →
FDA Designates VentFree Muscle Stimulator a Breakthrough Device
The US Food and Drug Administration (FDA) has awarded Breakthrough Therapy Designation to the VentFree muscle stimulator. The device is being developed to prevent atrophy in breathing muscles and reduce the number of days of ventilator support in adult patients... Read More →