In a rather uncharacteristic breakout session at the J.P. Morgan Healthcare Conference, short seller Marc Cohodes and MiMedx CEO Parker "Pete" Petit got into an argument over the medical device company's business practices and it was captured on Periscope.
Peripheral Arterial Disease (P.A.D.) is a serious circulation problem in which narrowed arteries reduce the blood flow to one’s limbs. People working in wound care are well aware of the dangers of P.A.D., but the general public is less educated. Since September is P.A.D. Awareness month, it is a great time to explore this topic […]
Hospitals in the developing world may be able to save money, and fight off antibiotic-resistant bacteria, with a cheap and readily available tool: maggots. BBC News is reporting that a pilot study at Kenyatta National Hospital has found an ancient technique called maggot therapy is reducing the need for antibiotics and long hospital stays for […]
Boston-based startup Sano LLC seeks $1 million in seed funding to commercialize its chronic wound diagnostic in 2015. The recent winner of M2D2 aims to bring the diagnostic to market at a price point as low as a home pregnancy test. While Woundchek has a CE Mark, American physicians are left with a pretty basic […]
To prevent the scarring and discomfort of stitches and staples, a medical device company has created what it thinks is a quicker, simpler and more desirable way to close small surgical wounds. ZipLine Medical‘s product uses two sticky strips and a series of ratcheted plastic ties that connect them. The strips are placed on either […]
Could the answer for diabetic ulcers and other chronic wounds be found under the sea? A new wound healing treatment is one part tissue regeneration technology and one part Little Mermaid. It isn’t often FDA device approval news makes us wow, particularly if it’s a 510(k) clearance. But an Icelandic healthcare startup, Kerecis, got FDA clearance […]
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.
Five startups have been selected to join the incubator program at The Fogarty Institute, an education nonprofit based in Mountain Valley, Calif., that mentors medical innovators. Four out of five of these companies–First Pulse Medical, Materna Medical, InPress Technologies and Medical Cue–are attempting to innovate in the maternity/women’s health field. President and CEO Ann Fyfe […]
When two students working at Purdue University’s Center for Paralysis Research were making small talk around the company water cooler–strike that, cotton candy machine, they didn’t have an inkling that it might lead to business competitions, grants, NSF Small Business Innovation Research funding, a patent and a startup. But that’s exactly how Medtric Biotech began […]
