2 paths to success on the medtech fundraising trail

Funding a medical technology company isn’t a simple job: Modern medical devices require cutting-edge innovation, research and design to make it to market. And don’t even get started on regulatory and reimbursement challenges. The recession of the late 2000s, Affordable Care Act and changes to regulatory bodies and reimbursement requirements have changed the game for

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This could be the battery-free solution for pacemakers

A new energy storage system charges itself using ions from inside the human body – providing an exciting alternative to traditional batteries used in pacemakers, according to researchers at the University of California at Los Angeles and the University of Connecticut. Researchers at the universities developed a bio-friendly energy storage system called a biological supercapacitor;

‘No-touch’ heart bypass surgery reduces strokes

A recent study from the University of Sydney and Sydney Heart and Lung Surgeons has shown that a new “no-touch” beating heart bypass surgery technique has reduced post-operative stroke by 78%. The procedure, known as an OPCABG, also reduced post-operative mortality by 50% compared to traditional coronary artery bypass grafting. It reduced renal failure by

Surgeon entrepreneur bets on virtual reality to boost surgical training

Dr. Justin Barad is a gamer, so it makes sense he would be drawn to virtual reality. As a high schooler, Barad started the computer science team. He interned at Activision, and was all set to be a game developer. But then Barad started to think about how he could help people. He ended up

This new bionic hand reacts automatically: Here’s how

British researchers are trying out a new bionic hand that they’ve developed that allows the wearer to reach out and grasp objects automatically – without the user consciously thinking – mimicking how people fluidly react to with the world around them. The key to allowing the hand to do this was a camera. The biomedical engineers at Newcastle

What you need to know about industrial design and medtech

Worrell, a life sciences design firm in Minneapolis, recently came up with a metaphor for what industrial design offers the medical devices space: It’s “art in the OR.” So why does the OR or the medical device field in general need art? Worrell’s founder Bob Worrell lists 2 companies: Apple and Google. “Wouldn’t think of

3 steps to create value with your medical device

Jeff Champagne, MPR Associates The word value is used a lot these days, especially when it comes to medical devices and health economics. A device must provide value for the user, the payer and the provider. But the idea of value isn’t simply limited to cost versus utility. When done effectively, a company can capitalize

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Stuffed animal has lifelike heartbeat to aid Alzheimer’s patients

A couple of University of Illinois students have created a startup called Therapalz to give soothing vibrations, sounds, movement and a lifelike heartbeat within a stuffed animal for Alzheimer’s patients. The 2 students, junior systems engineering and design major Fiona Kalensky and junior marketing major Isak Massman, designed the companion animal for a student organization Design

TEC Edmonton to collaborate on joint incubator with Tsinghua University

TEC Edmonton recently signed an agreement with Tsinghua University’s research innovation incubator, TusStar. TusStar is the famous brand of Tus Holdings, the investment arm of Tsinghua University (Beijing). The agreement will enable each organization to better support its high growth incubator clients with their international market development plans. TusPark, or Tsinghua University Science Park, is

Medical Capital Innovation Competition winners announced

Cuyahoga County, BioEnterprise, HIMSS (Healthcare Information and Management Systems Society) and The Global Center for Health Innovation (GCHI), on April 27 announced the inaugural Medical Capital Innovation Competition “All Things Data in Healthcare” winners: Open Division 1st Place/$50,000: MedRespond, Pittsburgh:  Patients often have questions about their medical treatment. Sometimes they don’t know what to expect

This test can detect tiny ovarian tumors sooner than current tests

Massachusetts Institute of Technology engineers have developed a way to detect ovarian tumors that are smaller than 2 mm in diameter, allowing for detection 5 months earlier than existing tests. A synthetic biomarker, which is a nanoparticle that works with tumor proteins to release fragments into the urine for detection, helps the MIT-developed test create

The 10 hottest medtech startups of 2017

Medtech startups face more challenges than they have in the past, but several companies are developing products that take advantage of new technology and are specifically designed to meet healthcare’s evolving needs.    The number of medtech startups has declined. Thirty years ago, the medtech field averaged 1,500 startups; it slid to about 600 by

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Why ‘do no harm’ matters more than ever

A recent Retro Report in The New York Times looked back at the tragic history of lobotomies to remind viewers of the importance of the medical ethics principle, “First, do no harm,” and how it applies to the development of medical technologies for the brain today. The media positively covered lobotomies as a groundbreaking procedure able to cure

3 enduring leadership lessons to boost your medtech success

This one is for the caffeine-addled world-changers out there, who consume leadership memes on Linkedin for breakfast, searching for inspiration with the same passion as a bigfoot truther. Brian Johnson, Publisher For the past 6 years, I’ve interviewed the most successful men and women in the medical device industry at DeviceTalks, a conference I founded

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These 7 virtual reality companies want to innovate healthcare

Virtual reality is no longer just for pilots to simulate flying – or for more realistic gaming experiences. Virtual reality is helping to shape the healthcare industry by offering immersive programs to help train surgeons and students for a variety of surgical procedures. Surgeons can train for different procedures, and clinicians are also using virtual

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