Orlando, FL-based Vestagen Technical Textiles has raised $7 million to back its antibacterial hospital garments that it hopes to get through the FDA. The financing was led by Advent Life Sciences and HealthQuest Capital with participation from existing, undisclosed Vestagen investors. The cash is expected to enable the upstart to get to market with its […]
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ConforMIS Inc (NASDAQ:CFMS)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank in a research note issued on Monday, Market Beat.com reports. A number of institutional investors recently bought and sold shares of CFMS. Simplex Trading bought a new position in ConforMIS during the fourth quarter worth $0. California State Teachers Retirement System […]
Written by Laura Dyrda Obtaining reimbursement for new spine surgery technology isn’t a walk in the park. There are instances where a new technology receives FDA clearance, support from spine societies, a Category 1 CPT code and coverage by Medicare and Medicaid, and a number of articles detailing clinical evidence supporting use of the technology is […]
PAUL SAWERS Knee injuries are common pitfalls for amateur and professional athletes alike, as the human desire to compete pushes our bodies to the limit. And when a knee injury does occur, it can be debilitating. This is a problem Canadian startup Spring Loaded Technology is looking to address with the launch of what it’s touting as […]
Cece Lentini | For Inside Jersey THE DRAWN STERILE DRAPES and gowned physicians and nurses gathered around a brightly lit table had all the makings of an operating room. But the pounding, drilling and sawing taking place on the carefully exposed knee, flexed upward in the center of the surgical area, was more reminiscent of […]
Elizabeth Hofheinz, M.P.H., M.Ed To get the right diagnosis, you must ask the right questions. On a macro scale, that means asking a wide range of well-thought out questions and getting them into an enormous database that is regularly mined by physicians and hospitals for the benefit of patients. The American Joint Replacement Registry (AJRR) […]
Martin Moylan Medtronic says tax advantages stemming from the merger with Ireland-based Covidien have made billions of dollars available for stock buybacks and other uses. The medical device company said it now has access to $9.3 billion that had been held by subsidiaries operating outside the U.S. Medtronic plans to use $5 billion of that […]
Stryker Corporation (NYSE: SYK) announced a definitive agreement to acquire all of the assets associated with Synergetics USA, Inc.’s neuro portfolio in an all cash transaction. The portfolio includes the Malis generator, Spetzler Malis disposable forceps, and Stryker’s existing Sonopet tips and RF generator. The Synergetics’ portfolio achieved OEM sales in 2015 of approximately $31 million. […]
One tax expert thinks the two-year suspension of the device excise tax likely heralds further suspensions or a repeal. Marie Thibault Will it stay or will it go? That’s been the question since the two-year suspension of the medical device excise tax was announced in late 2015. One tax expert believes that the device tax […]
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