Access Scientific Inc. closed a $2 million equity-based financing round.
San Diego-based company has begun the roll out of its new catheter introducer product.
Access Scientific won 510(k) clearance from the Food & Drug Administration for the device, called the “Picc Wand Peelable Safety Introducer” (PDF), in September. The company designed the device to enable “faster, safer and simpler over-wire insertion of sheaths and cathetors” and reduce “the risks of lost cannulation, contamination, embolism and accidental needlestick injury,” according to its website.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
The Securities & Exchange Commission filing documenting the latest equity sale did not identify the seven investors who supported the round. Board members David Geliebter, a managing partner of New York-based Carrot Capital Healthcare Ventures, and Ellis Jones, the CEO of New York-based private equity firm Wasserstein & Co. are listed as related persons on the filing. The company’s CEO is Dr. Steven Bierman.
The funding came on the heals of a June equity-based round that pulled in $2.6 million, according to a regulatory filing. The company also raised $2 million in Sept. 2009, according to a filing.
A Personalized Approach to Medication Nonadherence
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
The Massachusetts Medical Devices Journal is the online journal of the medical devices industry in the Commonwealth and New England, providing day-to-day coverage of the devices that save lives, the people behind them, and the burgeoning trends and developments within the industry.
