A medical device from Checkpoint Surgical that helps doctors locate nerves during operations has received the CE Mark, which signifies European regulatory clearance. The CE Mark is significant for Checkpoint because it opens up new markets for the Cleveland-area company. Checkpoint is in discussions with European distributors, according to a statement from the company. Checkpoint […]
Neurostimulation company Checkpoint Surgical has raised a $1.7 million series B round of investment and expects to win European regulatory approval of its intraoperative device shortly. The Cleveland-area company will use the new funding to boost its U.S. sales and marketing staff, CEO Len Cosentino said. Checkpoint received U.S. Food and Drug Administration clearance to […]
The progress in artificial intelligence (AI) is reshaping patient care, across various dimensions, from facilitating faster discharge to curating treatment plans and suggesting lifestyle changes.
Checkpoint Surgical, which has developed an intraoperative nerve stimulation device, is about a third of the way to completing a $3 million series B investment round. The suburban Cleveland company hopes to close the round by year’s end. Checkpoint would use the funding to boost its sales and marketing staff, more than doubling its employees […]
Cleveland Clinic neuromodulation spinoff Intelect Medical may have stealthily exited Cleveland to set up shop in Boston, but the company's recent $78 million sale to Boston Scientific (NYSE: BSX) highlights Northeast Ohio's growing strength in neurotechnology. Here's a brief overview of the key players in Northeast Ohio's rising neurotechnology industry.
Checkpoint Surgical has begun a national launch of its handheld medical device used to identify nerves during surgery. The Checkpoint Stimulator/Locator stimulates motor nerves so surgeons can avoid damaging them during surgery. The device also helps physicians gauge nerve and muscle health. The device cleared for sale by the Food and Drug Administration in October […]
Checkpoint Surgical Inc. has raised an additional $250,000 from angel investor group Medical Growth Fund to build the inaugural sales force and distribution network for its disposable surgical device. The Checkpoint Stimulator/Locator is “used to stimulate motor nerves during surgery to help the surgeon identify where the nerve is, and what tissue is or is […]
As technology advances, AI-powered tools will increasingly reduce the administrative burdens on healthcare providers.
Checkpoint plans to use the investment to fund a pilot launch starting this month of its stimulator, said Len Cosentino, Checkpoint's chief executive officer. The launch will include two or three hospitals in each of five markets: Cleveland, New York, Philadelphia, North Carolina's Raleigh-Durham and South Florida.
NDI Medical LLC has raised $2.1 million to continue developing nerve-stimulating devices to answer patient needs and improve their health care. The Highland Hills company recently spun out two technologies -- one identifies nerves and muscles during surgery; the other stimulates nerves to relieve chronic pain.