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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.

Daily

Insightra gets $12M for hernia repair prosthesis

An FDA-cleared surgical prosthesis that treats hernias has attracted some recent capital, ostensibly so the company – called Insightra Medical – can expand its scope abroad. The Irvine, California-based company just raised $6.1 million, according to a regulatory filing. This is right on the heels of a $6 million financing round, filed in May. Insightra […]

Devices & Diagnostics

California startup developing catheter-based technology for mitral valve repair lands $32.5M

  A California startup developing transcatheter mitral valve implantation technology to repair leaking heart valves has raised $32.5 million, according to a regulatory filing. CardiAQ Valve Technologies, based in Irvine, aims to market the technology, once approved, as an alternative to open heart surgery to fix the problem of mitral valve regurgitation. An outside spokesman […]

Devices & Diagnostics

Percutaneous spinal implant maker Interventional Spine raises $1.6 million

Interventional Spine, that has developed spinal implants that can be delivered percutaneously, raised $1.6 million by issuing debt. Here are the details:   Industry: Medical devices Location: Irvine, California  Solution/Product: The company makes several products for U.S. and overseas markets. Its most recent product is the FDA cleared PerX360° system that makes it possible to have a […]

Health IT

4 unexpected benefits of using iPads in medical schools

IPads are used in roughly one quarter of U.S. medical schools, free of charge or as a mandatory tool for learning. University of California at Irvine School of Medicine began using them in 2010. As these classes progress, it and other medical schools have found that the use of iPads is having some unintended consequences, […]