We are smashing the traditional healthcare silos at MedCity CONVERGE. MedCityNews.com’s summit on innovation and healthcare convergence July 10 in Philadelphia will gather the entire medical innovation ecosystem:from medtech to pharma to digital healthfrom investor to entrepreneurfrom innovation-minded practitioners and hospital leaders to thoughtful and forward-thinking payersThey’ll all be shoulder to shoulder talking about what’s [...]

A Minnesota urinary incontinence treatment company is now expanding to treat that other voiding dysfunction.Uroplasty(NASDAQ CM:UPI) announced Thursday that it is testing its Urgent PC Neuromodulation treatment for overactive bladders to now treat fecal incontinence.The company will launch a clinical trial in late summer in the U.S. The office-based, minimally invasive treatment is already approved [...]

Although it’s trying to keep quiet about its product, a medical device startup developing a new treatment for obesity revealed this week it’s in the middle of raising $5.5 million.According to a recently filed U.S. Securities and Exchange Commission document, Vibrynt Inc. has raised half of a $5.5 million offering from five investors.Vibrynt’s website provides [...]

We’ve seen it in retail. You can shop for your clothes, buy groceries and take your little one for a photo shoot at Super Target.We’ve seen it in tech: You can take photos and video, work on documents, send email and play music all on the same mobile device.And the beginnings of convergence is happening [...]

Cell culture testing technology developed by KIYATEC aims to help drug developers find out in preclinical trials whether a drug candidate will work in humans.Now, the Clemson University spinout is looking to advance its work with new tests for cancer efficacy and liver toxicity. KIYATEC has closed on a series A round of financing that [...]

LabCorp (NYSE:LH) is partnering with molecular diagnostics firm XDx to develop a new diagnostic for lupus flares.Burlington, North Carolina-based LabCorp will work with XDx to develop a biomarker and commercialize a test for the flares — extended periods of activity for the autoimmune disease. Lupus causes the body’s immune system to attack its own tissues, [...]

Neurostimulation pain-relief device company SPR Therapeutics has been approved for a $900,000 loan from the state of Ohio.The financing comes after Cleveland-area SPR earlier this year raised a $2.2 million series A round and announced that it was on the hunt for strategic partnerships that could range from licensing deals to outright acquisition.A representative of [...]

The medical imaging industry, or at least its leading trade group, would have us believe it’s “unsettling” that pricey medical imaging procedures like CT scans and MRIs are on the decline.To the contrary, it’s a welcome and somewhat rare sign that the U.S. health industry is actually getting something right, and that profits and the [...]

Medtronic (NYSE:MDT) is taking a restructuring charge of $87 million to account for layoffs in its Twin Cities location, the company reported Tuesday in its fourth quarter financial report.Roughly 220 positions have already been cut in its home state, and another 30 will lose their jobs in Minnesota. Those 250 job cuts are part of [...]

A Minnesota company that develops technology to enable healthy aging is raising more than $13 million, according to a recent regulatory filing.Healthsense makes products that allow the “passive monitoring of activity level of seniors” inside the home , in a community living space, assisted living or a skilled nursing venue, explained the company’s chief financial [...]