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

How blockchains could empower patients and secure data

Blockchains are best known as the technology behind cryptocurrencies such as Bitcoin. But the founders of a young Atlanta-based company called Patientory think they could have another important use – securing health data and empowering patients along the way. Secure access to patient data is a major issue for the healthcare industry. Patients have a

These nanosponges remove sepsis-causing bacteria from the bloodstream

California researchers have created a nanosponge that is designed to absorb and remove molecules that are known to cause sepsis. Researchers from the University of California at San Diego created macrophage nanosponges that are wrapped in the cell membranes of macrophages and can safely absorb and remove sepsis-causing molecules from the bloodstream. So far, the

Northwire expands biocompatibility compliance

Northwire (Osceola, Wis.) announced that it has finished additional testing to certify its BioCompatic material line to be in accordance with ISO 10993-10 irritation and skin sensitization requirements. The company’s BioCompatic material is designed to create optimized, safe and dependable medical cables while meeting biocompatibility standards under USP Class VI and compliance to ISO 10993-5 cytotoxicity.

3D printing and cryogenics could create new potential for artificial organs

Researchers at Imperial College London have developed a technique to replicate biological structures using cryogenics and 3D printing. The research is a first from the university to create structure that are soft enough to replicate the mechanical properties of organs like the brain and lungs. The 3D printing technique could create replica organs and assist

CES 2018: Medical technologies you need to know

Updated Jan. 16, 2018 Mobile health devices and wearables have increasingly played a prominent role at the annual CES show in Las Vegas. Health and medical devices touted at CES 2018 sought to improve everything from heart health to posture. Here are 13 companies that exhibited digital health solutions at this year’s show. Next >>

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How medtech could stop the drug overdose crisis in the U.S.

The opioid epidemic is one of the deadliest problems facing the U.S. today. Through the development of new pain management devices, medtech could be a leader in solving the crisis. The prescription opioid overdose crisis in America didn’t start until the late 1990s, when pharmaceutical companies touted prescription painkillers that weren’t supposed to be addictive.

Medical Murray rolls out website redesign

Medical Murray has launched its newly redesigned website. The new design is made to offer more in-depth information, faster navigation and responsiveness. “We are extremely excited for the new website. The site clearly represents our brand, who we are today and how Medical Murray serves as an extension of our customers,” Eric Leopold, executive VP

TDK launches AC-DC power supplies series

TDK Corporation recently released its new XMS500 series of AC-DC power supplies that are rated at 500W output power and have a Class I and Class II construction. The new power supplies series is compliant with curve B conducted and radiated emissions with a 6dB margin. It also has a low leakage current of less

This startup is bringing vision care to developing countries

PlenOptika, an MIT startup, has developed a portable autorefractor device that measures refractive errors of the eye and is able to estimate prescriptions in 10 seconds, bringing vision care to less accessible areas. The device, known as QuickSee, is more cost-effective than current technology and is currently on the market in India. “People at the

Sensirion unveils new RH/T sensor module

Sensirion will tout its CO2 and RH/T sensor module SCD30 that is designed to sense humidity, temperature and carbon dioxide concentration at AHR Expo 2018. The AHR Expo is set to take place in Chicago, Jan. 22-24. The sensor features CMOSense Technology for IR detection to accurately measure carbon dioxide levels through a dual-channel principle.

Tiny hair-like fibers help create interconnections between brain regions

MIT researchers have used a single flexible fiber about the size of human hair to deliver optical, electrical and chemical signals back and forth into the brain to create an improved way of learning about the functions and interconnections of different brain regions. The fibers replicate the softness and flexibility of brain tissue which allows

Teleflex Medical launches new suture technology to reduce tissue strangulation

Teleflex Medical has created a new suture technology that may reduce tissue strangulation and a cutting effect in situations where tissue pull-through is a risk. The technology, called Force Fiber Fusion, is a two-in-one construct that goes from a round suture to a flat braid center segment and back to round suture. It is made

BioSig set to scale up operations

BioSig recently announced that it has partnered with Charles Austin and JK partners to start scaling up its operations to prepare for the commercial launch of its Pure EP system. Pure EP is meant to improve the quality of clinical information coming out of electrophysiology studies and cardiac catheter ablation. Austin has over 25 years