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Hypoguard, a manufacturer and marketer of blood glucose monitoring systems,
announced that it recently received clearance from the FDA that will allow people
using the Advance Micro-draw blood glucose system to use alternate site testing
when checking their blood glucose level.
Confluent Surgical of Waltham, Mass., said it closed a $23 million fourth round
of venture funding, money that the biosurgery firm said it will use to expand
the market for its lead product.
Seattle Systems, a manufacturer of prosthetic, orthopedic and physical rehabilitation
products, announced the release of the Seattle Power Knee and Seattle NK-1 Knee.
Reliant Technologies announced that the FDA has granted 510(k) market approval
of the Fraxel laser for skin resurfacing procedures, providing physicians a
gentle and intelligent treatment approach to fast, remarkable results with minimal
downtime and maximum safety.
Royal Philips Electronics and Walgreens announced that the Philips HeartStart
Home Defibrillator is now available to consumers without a prescription via
Walgreens.com and Walgreens.
DOBI Medical International announced that it completed a private placement with
a group of institutional and other investors for 21 million shares of its common
stock at a purchase price of $0.50 per share, for expected gross proceeds of
$10.5 million, and net proceeds of approximately $9.665 million.
Rockwell Medical Technologies, a hemodialysis manufacturer, announced that it
has signed a $2.75 million revolving credit loan facility with Standard Federal
Bank, a subsidiary of ABN AMRO.
Cardiac Science, a manufacturer of automatic external defibrillators, announced
that it has been awarded a contract from Novation, the supply company of VHA
and the University HealthSystem Consortium, covering Cardiac Science's patented
Powerheart Cardiac Rhythm Module -- a fully-automatic therapeutic bedside monitor-defibrillator
designed for medically supervised environments such as hospitals, outpatient
medical clinics and physician offices.