News about our Companies - MedTech Innovator

LabCorp Launches Website to Connect Patients with COVID-19 Clinical Trials

DateJun 03 2020

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.

Bigfoot Biomedical raises $55m in Series C

DateJun 03 2020

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.

Fibralign Announces Strategic Partnership With Terumo

DateJun 02 2020

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.

Rhaeos, Inc. Receives FDA Breakthrough Device Designation for FlowSense™ Noninvasive Thermal Sensor

DateJun 01 2020

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.

Arterys Raises $28 Million to Accelerate the Delivery of Medical AI to Practices Around the World

DateMay 29 2020

"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.

PercuSense Secures DoD Funds for Chemical Exposure Monitoring Tech Dev’t

DateMay 29 2020

The company said Thursday it will use the funds awarded by the Defense Innovation Unit and the Defense Threat Reduction Agency to produce the on-body platform for first responders and military personnel to receive exposure alerts in real time.

Medtech Startup Promaxo Raises First Tranche of Series B-1 Funding

DateMay 28 2020

Promaxo, an Oakland-based medical technology startup developing the portable single-sided MRI, today announced that it has raised the first tranche of Series B-1 funding. The equity round was led by Kineticos Disruptor Fund with participation from existing investors. Launched in 2016, Promaxo plans to revolutionize healthcare with its MR imaging and robotic platform.

Neural Analytics aims robotic transcranial doppler at COVID-19 patients

DateMay 28 2020

Doctors are reporting a proliferation of dangerous blood clots in the lungs and other major organs of COVID-19 patients, raising the risk of stroke and other life-threatening complications. While anticoagulant medications can reduce that risk, patients need careful monitoring to ensure their blood is neither too thick nor too thin. To that end, Los Angeles-based startup Neural Analytics Inc. is deploying its robotically assisted transcranial doppler (TCD) system for real-time identification of blood clots and disruptions in blood flow to the brain.