Arteriocyte

Devices & Diagnostics

Arteriocyte gets FDA approval for solution used in stem cell device

Arteriocyte Medical Systems has received U.S. Food and Drug Administration approval for a product associated with its Magellan stem cell harvesting medical device. The latest FDA approval for the Cleveland-based company concerns an anticoagulant solution used in the device, which harvests and quickly concentrates stem cells and blood platelets during surgeries. These concentrated cells can […]

Devices & Diagnostics

Arteriocyte inks stem cell research deal with Army for battlefield injuries

Stem cell developer Arteriocyte has signed a research and development deal with the Army to investigate new therapies for orthopedic trauma and battlefield injuries. Arteriocyte is already working with the U.S. Army Institute of Surgical Research (USAISR) to develop stem cell-based, point-of-care therapies for amputation prevention, burn debridement and post-surgical wound infection prevention, according to […]

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A Deep-dive Into Specialty Pharma

A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.

News

Luring budding biotech CEOs with the promise of unglamorous work at unknown companies

Case Western Reserve University has spent most of the last nine years building its Science, Technology & Entreprenuership Program program on that philosophy, trying to turn a perceived weakness into a strength. It can't lure business-minded scientists into the program with promises of working at big-name medical companies comparable to what's in Southern California or in the East Coast's pharmaceutical region. Instead, it offers the offer unglamorous, do-it-all experience of working in small startups, exposed to all aspects of a business.

Hospitals

Helicopters, military and cancer research top Ohio earmark requests

Altogether, there are easily $50 million in health-related federal earmarks from Ohio legislators that could fund projects from the James Cancer Hospital at Ohio State University to a Youngstown company whose device is ideal for victims of battlefield trauma. Votes in Senate and House committees are expected this month to determine whether the institutions would get some, all or any of their requests.

News

Arteriocyte Medical Systems makes strategic investment in maker of bone marrow extraction system

Medical device company Arteriocyte Medical Systems has invested an undisclosed amount of money in a Park City, Utah, company that developed a disposable device to extract fluids, tissues and blood clots from patients. Bone marrow extracted by the device could be used by Arteriocyte Medical's Magellan devices, which harvest and quickly concentrate stem cells and blood platelets during surgeries.