Reva Medical Inc.

Massachusetts-based device company raises $34.76 million to fund US pivotal clinical trial, execute commercial strategy abroad

GI Dynamics, Inc., a Lexington, Mass.-based company known for its EndoBarrier Therapy, which it claims can reduce blood-sugar levels and offer weight-loss results in Type 2 Diabetes patients, has raised $34,755,000 in equity and CDIs, according to a regulatory filing it made with the SEC on July 22. The company still seeks $17,745,000, which […]

By Lindsey Alexander

News

Bioresorbable stent maker Reva raises $85M in Australia

Reva Medical Inc. reeled in $84.8 million in an initial public offering in Australia. The San Diego-based bioresorbable stent developer’s shares are slated to begin trading on the Australian Securities Exchange under the RVA symbol Dec. 23. Reva issued about 7.7 million new shares of common stock at $1.10 Australian, according to the company. Reva […]

By MassDevice Staff

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.