These medtech companies raised the most VC last year

Perhaps there’s a ray of hope that venture capital funding is recovering a bit for the medical device industry. VC firms invested more than $2.8 billion in 2017, an increase of more than $647 million from 2016, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and CB Insights. There were a total 229 deals involving

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Medtech stories we missed this week: Jan. 19, 2018

From Privi Medical’s FDA clearance to OrthoXel getting FDA clearance and CE Mark approval, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. Privi Medical wins FDA nod for hemorrhoid device Privi Medical has received FDA clearance for its Instalief Hemorrhoids Treatment device, according to a Jan. 18 news

These lab-grown blood vessel replacements could benefit dialysis patients

University of Minnesota researchers have developed a blood vessel replacement made of biological materials in a lab. The lab-grown vessels have no living cells at implantation and could be used as a graft for kidney dialysis patients. The lab-engineered blood vessel replacement is the first non synthetic, decellularized graft that is repopulated with cells using

Medtech stories we missed this week: Dec. 22, 2017

From Hepa Wash’s new collaboration to Stimwave’s FDA clearance, here are five medtech stories we missed this week but thought were still worth mentioning. 1. Hepa Wash collaborates with GALS program Hepa Wash announced in a Dec. 7 press release that it has collaborated with the German Accelerator Life Sciences (GALS) program to expand its

This orthopedic implant was originally designed for NASA

A patient at the Rambam Medical Center in Israel was recently implanted with a polymer-made ballast that was originally designed for NASA. Roxana Smarsky has a disease that causes the head of her femur to contract. She recently had to have orthopedic surgery to replace her hip that was worn and causing pain because of

This artificial cartilage is made using material from bulletproof vests

The same Kevlar material that is used to make bulletproof vests, jackets and gloves now has the potential to make artificial cartilage that could be implanted in the body. Kevlartilage – a material developed at the University of Michigan and Jiangnan University – can withstand just as much force as the cartilage in the human

DiFusion Technologies to use Solvay PEEK in spinal implants

DiFusion Technologies has chosen to use Solvay’s Zeniva ZA-500 polyetheretherketone (PEEK) as the base polymer for its ZFUZE osteoconductive PEEK composite used in spinal implants. PEEK is used as an alternative to titanium in spinal implants because it has a similar structure of bones and it can be easily seen on X-rays because of its

The top 10 medical disruptors of 2018

Each year the Cleveland Clinic determines what the top 10 disruptors in healthcare will be for the following year. The criteria to be considered a disruptor is that it has to be so innovative that it could change healthcare in a significant way in the next year. Approximately 150 to 200 Cleveland Clinic physicians from

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Medtech stories we missed this week: Oct. 20, 2017

From InspireMD’s distribution deal to RenalGuard touting a new study, here are seven medtech stories we missed this week but thought were still worth a mention. 1. InspireMD inks Chile distribution deal InspireMD announced in an Oct. 12 press release that it has signed a distribution deal with CorpMedical Chile to distribute the MGuard Prime

The 11 most innovative medical devices of 2017

The nominees for the best medical technology of 2017 were recently announced for the 11th Annual Prix Galien USA Awards. The Galien Foundation, the host of the awards, hands out the the Prix Galien Award annually to examples of outstanding biomedical and technology product achievement designed to improve human condition. Before candidates can qualify for

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Spinal cord stimulator could curb opioid prescriptions: Here’s how

The first implantation of Nuvectra’s Algovita Spinal Cord Stimulation System was recently performed in Northern California. The FDA-approved Algovita SCS System was able to successfully treat a injured veteran’s chronic pain to reduce the use of opioids to battle the pain. “Following injuries sustained in the line of duty, this particular patient had multiple surgeries

Medtech stories we missed this week: Oct. 13, 2017

From Orthocell’s distribution deal to CorNeat unveiling its artificial cornea, here are seven medtech stories we missed this week but thought were still worth mentioning. 1. OrthoCell inks Australian distro deal Orthocell announced in an Oct. 10 press release that it has signed a distribution deal with Surgical Specialities. The deal will make Surgical Specialities the

Blood metal ion levels help determine low-risk ARMD patients

A new study suggests that blood metal ion levels can determine patients who have a low risk of having adverse reactions to metal debris (ARMD). Patients who receive metal-on-metal artificial hips tend to be at risk of having complications due to ARMD. However, researchers discovered that blood metal ion levels that are specific to the

What are orthopedic coatings?

Here are some important facts medical device designers need to know about orthopedic coatings, courtesy of Orchid. An orthopedic coating is used on implants to help improve the functionality of an implant. Usually, the coatings can help define the geometry and the mechanical strength of an implant, according to Orchid (Holt, Mich.). Coatings can be applied to

First patient treated with Biostage’s esophageal implant

Biostage (NSDQ:BSTG) touted today the first patient use of its Cellspan esophageal implant. The Holliston, Mass.-based company said that the regenerative implant was used in a 75-year old male patient, who has a life-threatening cancerous mass in his chest. Surgeons removed the portion of his esophagus affected by the cancer and Biostage’s implant was used to