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Thursday, Thoratec Corp. said it signed a co-distribution agreement with Levitronix LLC under which Thoratec will distribute the Levitronix CentriMag Blood Pumping System in the U.S.
Safeguard Scientifics, Inc., which builds value in high-growth life sciences and information technology companies, announced it led a $30 million Series C financing in Rubicor Medical, Inc. of Redwood City, CA.
BioForm Medical, Inc. announced that the U.S. Food and Drug Administration's (FDA) General and Plastic Surgery Devices Advisory Panel has recommended the approval of Radiesse, a next-generation soft tissue augmentation product, for use as a filler material to restore soft tissue facial contours such as nasolabial folds and for use in the correction of lipoatrophy of the face associated with HIV therapy.
Lombard Medical Technologies PLC dashed hopes of a speedy roll-out of its key product, a stent graft used to treat aneurysms, when it revealed that Boston Scientific Corp has chosen not to take up an option to exclusively distribute the device outside the U.S.
NeuroMetrix, Inc., a medical device company focused on the
development and sale of proprietary products that help physicians diagnose neuropathies, including diabetic peripheral neuropathy, announced that it has received Frost & Sullivan's 2006 Neurological Monitoring Product of the Year Award.
Medical devices giant Medtronic Inc. has acquired Israeli start-up Odin Medical Technologies Ltd., a developer of MRI systems for brain surgery, for $9 million.
The FDA Aug. 25 posted to its website information for one recently approved device and a correction on its wording for use indications for another product.
A Duke University research team has found a variation in a gene, which could lead to the development of a genetic test to predict a person's risk for heart disease
Fertility device developer Medelle failed to investigate adverse events, the FDA said in a warning letter. The agency also cited the firm for failing to turn records over to an FDA investigator.
The Medicines & Healthcare products Regulatory Agency (MHRA) in the UK has issued a medical device alert for Baxter Intermate and Infusor large volume (LV) infusions pumps because of an increased risk that the device's elastomeric balloon may burst during infusion.