CVRx, a Minneapolis-based firm that has developed proprietary implantable technology for the treatment of high blood pressure and heart failure, has raised $29.6 million for advancing clinical trials of its Barostim Neo, as well as expanding commercial activities abroad. Johnson & Johnson Development Corp. and New Enterprise Associates, Inc. were the co-lead investors. According to […]
Med Dev Corp., a Delaware-based startup, has raised $775,000 from private investors to reduce hospital-acquired infections or surgical-site infections. Med Dev’s devices all attempt a non-antibiotic approach to eradicating nasal MRSA colonization, which is “the No. 1 predictor” for SSIs in orthopedic, cardiac and GI surgeries, according to Chairman Mike Martin. The company still seeks […]
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.
Startups, hedge funds and venture funds will soon be able to advertise, or otherwise “generally solicit,” when they’re raising money. While that might open up new doors for investments, corporate and securities lawyers are issuing a few words of caution. The Securities and Exchange Commission voted last week to adopt a piece of the JOBS […]
Stem cell therapy company Aldagen is pulling back on its plans for an initial public stock offering. The Durham, North Carolina-based company said in a Tuesday filing with the Securities and Exchange Commission that it is withdrawing its IPO plans “due to market conditions.” The company in 2009 filed a registration statement seeking to raise […]
SpineForm has raised more than half of a hoped for $1 million to further development of a scoliosis-treating medical device. The company has raised $539,000 in equity from 14 investors, according to a regulatory filing with the U.S. Securities and Exchange Commission (SEC). The latest SEC document is an amendment to a filing from last […]
Nascent Surgical LLC raised $223,000 from the sale of equity, according to documents filed with the Securities and Exchange Commission.
This eBook, in collaboration with Care Logistics, details how hospitals and health systems can facilitate more effective decision-making by operationalizing elevated awareness.
The Internal Revenue Service wants Boston Scientific to pony up $525.1 million plus interest on back taxes owed by BSX subsidiary Guidant Corp.
The Securities & Exchange Commission charges Brett Cohen and David Meyers in an alleged insider trading scheme involving shares of Exact Sciences Corp. and Sequenom Inc. that netted more than $600,000. The federal Securities & Exchange Commission charged a Baltimore business consultant and his uncle in Cleveland of an insider trading scheme that netted the […]
BridgePoint Medical Inc. has raised $1 million from the sale of debt and stock warrants, according to documents filed with the Securities and Exchange Commission. The company, based in Plymouth, Minnesota, is developing balloon catheter system to treat chronic coronary and peripheral total occlusions, a condition in which clots frequently clog blood vessels. Last year, […]
Expanded earnings filings with the Securities and Exchange Commission show Boston Scientific Corp. trimming estimates of lost sales by $200 million. Officials at Boston Scientific Corp. (NYSE:BSX) revealed that a snafu with the U.S. Food & Drug Administration, which led to a month-long suspension of ICD sales last spring will cost the company $300 million […]
Gabby Everett, the site director for BioLabs Pegasus Park, offered a tour of the space and shared some examples of why early-stage life science companies should choose North Texas.
Epocrates, a developer of mobile drug reference tools, registers for a $75 million initial public offering — again. Epocrates Inc. plans to go public — again. The company last week filed for an initial public offering that could bring in as much as $75 million, according to a Securities & Exchange Commission filing. Epocrates makes […]
The U.S. Dept. of Justice is investigating Oracle Corp.’s proposed $685 million buyout of Phase Forward Inc. The U.S. Dept. of Justice is investigating Oracle Corp.’s (NSDQ:ORCL) $685 million bid to acquire Phase Forward Inc. (NSDQ: PFWD), according to a filing with the Securities and Exchange Commission. The Waltham, Mass.-based clinical trial data management provider […]
Health care laundry company Superior Health Linens LLC has raised $1.5 million in equity, according to a regulatory filing.
CEO Patrick Spearman said he expects the FDA to grant Envoy's Premarket Approval (PMA) application by next February. Although FDA advisory panel recommendations are not binding, the agency almost always follows them.