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 also plans [...]

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 sell its [...]

Northeast Ohio has a new healthcare-focused venture fund that’s being led by a familiar name. Neurotechnology incubator NDI Medical, best known for the $42 million sale of a urinary incontinence-treating product to Medtronic in 2008, has started NDI Healthcare Fund with the help of $2 million in funding through Ohio’s Third Frontier technology acceleration program.