Tomorrow is Medical Alley Day in Minnesota

Minnesota Gov. Mark Dayton has declared tomorrow as Medical Alley Day in the state — the same day the state’s Medical Alley Association is holding its annual meeting in downtown Minneapolis. The North Star State is one of three major medical device hubs in the U.S., the other two being California and Massachusetts. Dayton noted in his

How Minnesota got a Pediatric Device Innovation Consortium

FDA funds a handful of pediatric device innovation groups around the United States. But Dr. Gwenyth Fischer, director of The Pediatric Device Innovation Consortium at the University of Minnesota, thinks there’s something that sets the seven-year-old group apart. The Minnesota group, Fischer said, is focused not only on funding but on getting doctors and other academics

OCTANe announces partnership with Small Cap Nation

Orange County, Calif.–based life sciences accelerator organization OCTANe recently announced a strategic partnership with Small Cap Nation (SCN), a New York City–based financial media content distribution platform. SCN delivers breaking, on-demand news and information related to the domestic and international small-cap sector. It recently opened a Silicon Valley office. “This partnership will open an important source of capital

Cadence snapped up by private equity firm Kohlberg & Co.

Officials at high-precision components and finished devices maker Cadence are selling the Staunton, Va.–based company to private equity outfit Kohlberg & Co. Financial terms of the definitive agreement, announced yesterday, were not disclosed. Cadence makes components and devices for advanced surgical and specialty industrial applications. Cadence CEO Alan Connor will continue to lead the company, and

How augmented reality and virtual reality devices are boosting medicine

Augmented reality (AR) and virtual reality (VR) devices have immense disruptive potential, with the capacity to change how the healthcare industry delivers patient care and provider training. These technologies are helping to take medicine outside clinical spaces and will present a wide range of opportunities for innovators as professionals continue to adapt. Tim Jennings,  Custom

TT Electonics wraps up acquisition of Stadium Group

TT Electronics (Woking, U.K.) said today that it has completed its purchase of Stadium Group, a Reading, U.K.–based supplier of connectivity products and services, power supplies, human-machine interface (HMI) and electronic assemblies. Financial terms of the deal were not disclosed. Stadium products are used in applications including medical equipment, smart home, industrial robotics and aircraft cabin controls

5 tips to protect your medtech startup’s innovations

Building a strategic patent portfolio is crucial to success for a medtech startup.  David J. Dykeman, Greenberg Traurig When it comes to starting and building a medical device company, a strong patent strategy tied to business goals can be the driving force behind venture capital investment, strategic collaborations, and mergers and acquisitions. In order to

20 medical device startups you need to know

There’s a lot of excitement these days around digital health. But there are actually many medical device startups out there in other spaces that continue to push the overall boundaries of medtech. From neuromodulation to drug delivery, surgical robotics and more, here’s a roundup of 20 medical device startups catching the eye of Medical Design

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

Medical device startups: Here’s how you handle verification and validation

The two “Vs” — also known as V&V, verification and validation — serve to link the medical device product that has been developed all the way back to the initial customer needs and product requirements. Bill Betten, Betten Systems Solutions While many think that verification and validation only occur at the end of the medical device development

Reimbursement is key to Inspire Medical’s strategy

Inspire Medical Systems is seeking to shake up sleep apnea treatment with a pacemaker-like system to treat obstructive sleep apnea; it even has plans for an $86 million IPO. How the company is trying to get its device reimbursed is a great example of just how much things have changed for young medtech companies. In

How to protect medical cables and connectors from electromagnetic interference

Cable and connector experience from military and satellite systems could help pave the way for safer electromagnetic interference control in the medical device industry. Robert Stanton, Omnetics Connector Corp. Today’s medical treatment suites are crowded with increasingly complex electronic devices designed to monitor, display, assist and alarm the staff involved in patient services. The newest

Tekni-Plex expands medical tubing offerings through Dunn Industries buy

Tekni-Plex (Wayne, Pa.) said today that it has acquired Dunn Industries, a Manchester, N.H.–based maker of specialty extrusion tubing for medical device uses. Financial terms of the deal were not disclosed. The Dunn buy is the seventh acquisition Tekni-Plex has made in the past four years as it seeks to grow both organically and through acquisitions.

This patented 3D printing method could boost medical device innovation

Michael McAlpine, a 3D printing pioneer at the University of Minnesota, suspects that a method he helped invent to print semiconductors could help boost innovation in the medical device field and elsewhere. The U.S. Patent Office in February issued a patent for “3D printed active electronic materials and devices.” The patent covers work that McAlpine, a

RxFunction raises $7.5 million for its wearable sensory prosthesis

Medical wearable startup RxFunction (Eden Prairie, Minn.) announced today that it has raised $7.5 million in Series A funding as it prepares for market launch of its Walkasins wearable sensory prosthesis. The round, which surpassed RxFunction’s initial $5 million funding goal, was led by Edina, Minn.–based Cedar Point Capital, a boutique investment banking firm. The

How reprocessing enables medical device innovation

Reprocessing accelerates the speed of commoditization, forcing medical device companies to innovative, according to Innovative Health. Lars Thording, Innovative Health “Single-use” medical device reprocessing has long been a divisive issue in the medical technology industry. Some large original equipment manufacturers (OEMs) have viewed reprocessing as a drain on their revenues that challenges profitability and hence investment