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Augmedics Employees Lead $15 Million Series B Financing to Secure and Successfully Launch Company Amid COVID-19 Crisis

CHICAGO, June 15, 2020 – Augmedics, a pioneer in augmented reality surgical image guidance, has raised $15 million in Series B financing, led by its U.S. staff. In a nearly unprecedented move, the company’s employees formed limited liability company AUG Management LLC to raise $4 million in an effort to secure and successfully launch the …

Study Finds Similar Short-Term Outcomes After Two Common Minimally Invasive Spine Procedures

NEW YORK, June 15, 2020 /PRNewswire/ — A study comparing short-term outcomes of minimally invasive (MI) lumbar decompression surgery to MI lumbar spine fusion surgery found no statistically significant difference in the amount of time patients needed to return to work. Researchers at Hospital for Special Surgery (HSS) in New York City also found that patients in both groups …

Titan Medical Establishes U.S. Subsidiary to Strengthen its Research and Product Development Activities

June 15, 2020 TORONTO–(BUSINESS WIRE)–Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD) (Nasdaq: TMDI), a medical device company focused on the design and development of single-port robotic surgical technologies, announces that it has established Titan Medical USA Inc. as a wholly owned U.S. subsidiary. The subsidiary will be based in Chapel Hill, North Carolina …

Bioventus Selects Bazis NN as Distributor of DUROLANE® in Russia

June 15, 2020 HOOFDDORP, The Netherlands–(BUSINESS WIRE)–Bioventus, a global leader in orthobiologic solutions, has selected Bazis NN as its authorized distributor for DUROLANE, its single-injection joint-fluid osteoarthritis (OA) treatment. OA involves the breakdown, or degeneration, of cartilage and the synovial fluid that cushions and lubricates joint tissues . According to official statistics, patients with OA make up one quarter …

CDC predicts 130,000 US coronavirus deaths by July 4, with more new cases as states reopen

June 12, 2020 / By Dakin Andone, CNN (CNN) – The US could suffer 130,000 coronavirus deaths by July 4, according to a projection released Friday by the Centers for Disease Control and Prevention. And Covid-19 cases could rise this summer as states reopen, the CDC’s deputy director for infectious diseases said during a conference …

CDC warns U.S. may reimplement strict coronavirus measures if cases go up ‘dramatically’

June 12, 2020 / Berkeley Lovelace Jr., William Feuer States may need to reimplement the strict social distancing measures that were put in place earlier this year if U.S. coronavirus cases rise “dramatically,” a Centers for Disease Control and Prevention official said Friday. “Right now, communities are experiencing different levels of transmission occurring, as they gradually ease …

Insurers should prepare for ‘volatile’ individual market due to COVID-19 pandemic: study

June 11, 2020 / by Robert King The individual market next year is likely to be volatile due to the COVID-19 pandemic as new enrollees could cause adverse selection, a new report said. The report from the American Academy of Actuaries (PDF) released Thursday comes as individual and small group insurers are trying to figure out their rates …

MiRus™ Announces First Clinical Use of the MiRus™ 3DR™ Printed Lumbar Interbody Fusion System

ATLANTA, June 11, 2020 /PRNewswire/ — MiRus is pleased to announce that it received FDA 510(k) clearance for its 3DR™ (Randomized) Printed Lumbar Interbody Fusion System which consists of the CALLISTO 3DR™ PLIF, HYPERION 3DR™ TLIF, CALYPSO 3DR™ LLIF and the ANTARES 3DR™ ALIF.    “The HYPERION 3DR TLIF is the first interbody with stiffness equivalent to …

Coronavirus Live Updates: White House Seeks to Cement ‘Emergency’ Restrictions on Immigration

June 12, 2020 Canada may give special attention to asylum cases of people who are working as caregivers in the pandemic. New infections are rising in 23 U.S. states. RIGHT NOW Olena Zelenska, the wife of President Volodymyr Zelensky of Ukraine, said on Facebook that she tested positive for the coronavirus, but that Mr. Zelensky …

New York Has Lowest Coronavirus Spread Rate, Cuomo Says

June 12, 2020 / Sergei Klebnikov, Forbes Staff TOPLINE Governor Andrew Cuomo said in a press conference on Saturday that New York now has the lowest rate of coronavirus transmission out of every state in the country, as many other states that have begun reopening now see a dramatic spike in new cases. KEY FACTS …

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