Medical device startup CardioMech raised $13 million to advance the development and validation of its flagship device, which is designed to treat degenerative mitral valve regurgitation. The catheter-based device seeks to offer an uncomplicated, direct procedure for patients eligible for open-heart surgery as well as those considered eligible for the surgery.
Healthcare investment firm Patient Square Capital launched a new portfolio company: Elevage Medical Technologies. The company will support growth-stage medical device companies by providing capital, as well as operational and clinical expertise — it received an initial investment of $300 million from Patient Square.
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.
Though the medical device industry supports two million U.S. jobs and prices have increased below the rate of inflation, medical devices and diagnostics take up less than a dime of every dollar spent on healthcare in America, according to a new infographic released at Advamed 2013.
As the number of laparoscopic procedures being performed at hospitals and surgery centers outgrows the number of open surgeries, facilities are investing millions of dollars into equipment to improve these procedures, like high-definition optics. But high definition video systems aren’t serving their purpose if the surgeon’s view is obstructed by fog and debris during surgery. […]
Laparoscopic surgery company Minimally Invasive Devices has released a new version of its visualization device that removes debris from the tip of a laparoscope. The new product, the FloShield PLUS, features a novel cleaning agent that allows for cleaning of the end of a laparoscope without removing it from a patient’s abdominal cavity, according to […]
Laparoscopic surgery device maker Minimally Invasive Devices has received regulatory certification to begin selling its FloShield visualization system in Europe. The device is used to stop liquid from gathering at the tip of and obstructing the view of a laparoscope by employing airflow to defog and deflect debris from the laparoscope’s lens, according to a […]
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.