catheters

Daily

Tangent Medical secures $5M from GE Capital to take IV tech abroad

University of Michigan spinout Tangent Medical has raised a $5 million senior secured term loan credit facility from GE Capital, Healthcare Financial Services to commercialize its IV stabilization tech abroad. While company Vice President of Sales and Marketing Curtis Bloch said the funding will be used for a variety of commercialization efforts, a significant portion would be used […]

Devices & Diagnostics

3-D St. Jude Medical launches technology that gives docs real-time, 360-degree view of arteries

St. Jude Medical  (STJ) announced FDA approval of its  ILUMIEN  OPTIS  PCI Optimization  System, and the product’s U.S. launch. The device gives physicians a real-time, 360-degree panoramic view of the arteries, to help with stent placement and to guide treatment for patients with coronary artery disease. But what’s the true value proposition between this new […]

Devices & Diagnostics

Tennessee medical device company gets FDA nod for Occlusion Perfusion Catheter

Chattanooga, Tenn.-based Advanced Catheter Therapies received FDA 510(k) clearance for its Occlusion Perfusion Catheter, a multi-lumen balloon catheter on Tuesday. The medical device technology can measure pressure inside the treatment chamber, as well as “its inflow  and outflow ports for chamber evacuation, filling and flushing,” according to a press release. The catheter is designed to […]

Devices & Diagnostics

Volcano Corp. to acquire Medtronic’s Pioneer Plus technology, move into therapeutics

Medtronic (MDT) is selling off endovascular technology. Volcano Corporation (VOLC) will acquire Medtronic’s  Pioneer Plus diagnostic ultrasound transducer and percutaneous catheter in a deal that should close by the end of the week. Volcano will use Pioneer Plus to increase its presence in the diagnosis and treatment of peripheral arterial disease. The acquisition moves the […]

Devices & Diagnostics

BSX gets FDA approval for ablation catheter, becomes third major player this week with ablation milestone

Boston Scientific (BSX) announced it has received U.S. Food and Drug Administration approval for its IntellaTip MiFi XP catheter and 501(k) clearance for its Zurpaz 8.5F steerable sheath, growing its EP mapping/ablation technology portfolio. This makes it the third major player–following both St. Jude Medical, which acquired Endosense, and GE, which invested in Acutus Medical–to […]

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Devices & Diagnostics

St. Jude Medical banks $170M on contact force ablation tech in growing A-fib market

As predicted, the next incremental advances in the growing A-fib heart space may very well be in contact force catheter technology. St. Jude’s Medical is banking on it. The company just acquired Endosense, a Switzerland company that creates contact force ablation catheter technology, for $170 million. If Endosense meets an undisclosed regulatory milestone, it could […]