Publication: Medical Device Daily

First reported 20 hours ago - Updated 20 hours ago - 1 reports

Kona stakes claim in renal denervation space with WAVE IV clinical trial

Another company is staking its claim in developing a non-invasive approach toward treating hypertension. Kona Medical (Bellevue, Washington) is evaluating its Surround Sound Hypertension Therapy System through the WAVE IV clinical trial. The randomized, ... [Published Medical Device Daily - 20 hours ago]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

NewCo on the Go: MetaStat's summer: new financing, spin-off, and positive study results

The classic back-to-school assignment for many kids is a report about what they did over summer break. If MetaStat (Montclair, New Jersey) were to do such an assignment, the life science company would have more than enough to report on, from closing on ... [Published Medical Device Daily - Aug 29 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

Daily M&A: Medtronic stays hot on M&A path with acquisition of NGC Medical

Just a mere 24 hours after Medtronic (Minneapolis) reported its intent to acquire Sapiens Steering Brain Stimulation (Eindhoven, the Netherlands) for $200 million, the med-tech giant is dipping its toe back into the mergers and acquisitions waters again. ... [Published Medical Device Daily - Aug 28 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Venture capital soars in med-tech space according to PwC's MoneyTree report

Venture capital funding for the Life Sciences sector, which includes biotechnology and medical devices, reached $2.5 billion in 195 deals for 2Q14, according to a new report, "Biotech soars to record high," that includes data from the MoneyTree Report ... [Published Medical Device Daily - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

FDA approves Medtronic Viva CRT-P for HF with AdaptiveCRT algorithm

Medtronic (Minneapolis) reported FDA approval and U.S. launch of its newest cardiac resynchronization therapy-pacemaker, Viva CRT-P, for indicated patients with heart failure or atrioventricular (AV) block.The device includes Medtronic's AdaptivCRT algorithm, ... [Published Medical Device Daily - Aug 26 2014]
First reported Aug 22 2014 - Updated Aug 23 2014 - 2 reports

Robotic Exoskeletons: Exoskeleton's greatest hurdles are value proposition and adoption rates

Twenty years from now, exoskeletons probably won't be as advanced as the one depicted in the 2007 movie Iron Man, where actor Robert Downey Jr.'s character Tony Stark dons a suit of armor to fight crime. Ultimately, that's a fictional account of just ... [Published Medical Device Daily - Aug 23 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

ReWalk's clearance puts exoskeleton technology in forefront of med-tech

Part one of threePrior to 2009, exoskeletons and therapies for paralyzed patients were probably the last things on Stephanie Souza's mind. That changed suddenly and the California resident's life was turned upside down, when she discovered she was suffering ... [Published Medical Device Daily - Aug 21 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Financings: HQC closes debut fund at $110M to invest in healthcare sectors

HealthQuest Capital (HQC; Menlo Park, California), a new fund sponsored by Sofinnova Ventures, reported the closing of its debut fund at the hard cap of $110 million and in excess of the initial fund target of $50 million.The firm said that HealthQuest ... [Published Medical Device Daily - Aug 20 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Abbott joins forces with DOD for concussion blood tests

The U.S. Department of Defense (DoD) and med-tech have had a long-running history of working together on medical advances that not only meet needs of service members on the front lines, but also lead to immeasurable advancements in civilian medicine. ... [Published Medical Device Daily - Aug 19 2014]
First reported Aug 16 2014 - Updated Aug 16 2014 - 1 reports

Bioengineers create 3-D brain-like tissue, dubbed 'exceptional feat'

A team of bioengineers led by David Kaplan at Tufts University (Boston), with funding from the NIH's National Institute of Biomedical Imaging and Bioengineering (NIBIB), have created a 3-D brain-like tissue model that functions like and has structural ... [Published Medical Device Daily - Aug 16 2014]
Entities: Neuron, David Kaplan, Axon
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Second Sight sets sights on $32M IPO for implantable 'bionic eye'

Second Sight Medical Products (Sylmar, California), a company developing camera-based retinal implants designed to restore some vision to the blind, filed for its IPO on Tuesday. The company has set its sights on raising $32 million by offering 3.5 million ... [Published Medical Device Daily - Aug 15 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

First U.S. commercial Neuraceq scan for beta-amyloid plaque imaging

Piramal Imaging (Berlin) reported that WVU Healthcare (Morgantown, West Virginia) is the first U.S. center to perform commercial scans using the company's Neuraceq, which just became available for commercial use on Aug. 1.Neuraceq, which received marketing ... [Published Medical Device Daily - Aug 14 2014]

Quotes

...professor of Internal Medicine, Nephrology and Hypertension, University Hospital Erlangen, Germany and principal investigator for WAVE IV. "With its novel approach, external ultrasound offers potential benefits over existing catheter-based renal denervation techniques. If proven successful, non-invasive renal denervation could greatly reduce costs of treatment and increase access for the millions of people worldwide whose blood pressure is not adequately controlled today."
Rob ten Hoedt, executive VP and president of Medtronic's EMEAC region, said, "As we are all acutely aware, current models of delivering healthcare are not sustainable, and Medtronic is intent on finding new ways to partner with physicians, hospital systems, patients, payers and governments around the world to meet their cost and access challenges and to deliver high quality healthcare."
...seeing a positive uptick in numbers for both deals and investment dollars," Greg Vlahos, Life Sciences Partner at PwC, told Medical Device Daily. "To understand what this means you have to step back a little bit and see where devices typically fall on an annual basis. Historically we see them on a $2 billion to $3 billion investment per year and they are right on track for that in this coming year."

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Kona stakes claim in renal denervation space wi... [Published Medical Device Daily - 20 hours ago]
NewCo on the Go: MetaStat's summer: new financi... [Published Medical Device Daily - Aug 29 2014]
Daily M&A: Medtronic stays hot on M&A path with... [Published Medical Device Daily - Aug 28 2014]
Venture capital soars in med-tech space accordi... [Published Medical Device Daily - Aug 27 2014]
FDA approves Medtronic Viva CRT-P for HF with A... [Published Medical Device Daily - Aug 26 2014]
Robotic Exoskeletons: Exoskeleton's greatest hu... [Published Medical Device Daily - Aug 23 2014]
Robotic Exoskeletons: Quartet of players stake ... [Published Medical Device Daily - Aug 22 2014]
ReWalk's clearance puts exoskeleton technology ... [Published Medical Device Daily - Aug 21 2014]
Financings: HQC closes debut fund at $110M to i... [Published Medical Device Daily - Aug 20 2014]
Abbott joins forces with DOD for concussion blo... [Published Medical Device Daily - Aug 19 2014]
Bioengineers create 3-D brain-like tissue, dubb... [Published Medical Device Daily - Aug 16 2014]
Second Sight sets sights on $32M IPO for implan... [Published Medical Device Daily - Aug 15 2014]
First U.S. commercial Neuraceq scan for beta-am... [Published Medical Device Daily - Aug 14 2014]
Will U.S. regulators be able to stem the invers... [Published Medical Device Daily - Aug 12 2014]
WHO calls Ebola outbreak risk to other states a... [Published Medical Device Daily - Aug 09 2014]
Toshiba's SMI tech enables better blood flow vi... [Published Medical Device Daily - Aug 08 2014]
Germ-zapping robots fight deadly hospital super... [Published Medical Device Daily - Aug 07 2014]
NewCo on the Go: A nosy new technology may offe... [Published Medical Device Daily - Aug 06 2014]
FDA Advisory Committee: Panel gives TissuGlu PM... [Published Medical Device Daily - Aug 05 2014]
MD Anderson doctor invents MRI marker for prost... [Published Medical Device Daily - Aug 02 2014]
FDA advisory committee: EDAP's Ablatherm PMA fa... [Published Medical Device Daily - Aug 01 2014]
World Transplant Congress: New biomarker tests ... [Published Medical Device Daily - Jul 31 2014]
MoFo says Alcon-Google agreement represents gro... [Published Medical Device Daily - Jul 30 2014]
PhysIQ launches predictive analytic technology ... [Published Medical Device Daily - Jul 27 2014]
Spectranetics garners FDA clearance for periphe... [Published Medical Device Daily - Jul 25 2014]
Star tumor ablation system shown to reduce pain... [Published Medical Device Daily - Jul 24 2014]
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