Syneron Medical Merges with Candela Corporation
Syneron Medical Ltd. (NASDAQ: ELOS), an innovator in the development, marketing and sales of elos(TM) combined-energy medical aesthetic devices and Candela Corporation (NASDAQ: CLZR), a pioneer in the development of medical and aesthetic laser based technologies and systems, today announced the successful closing of their merger. Lou Scafuri, Chief Executive Officer of Syneron, commented, "We are very pleased to successfully complete the merger with Candela, representing the execution of our strategy to expand our product portfolio with synergistic and innovative technologies. The combination of Candela and Syneron creates the largest aesthetic medical device company, with an unparalleled global distribution ...
Tegra Medical unveils GENESIS Tech Center
Tegra Medical Unveils GENESIS Tech Center to Reduce Time to Market Tegra Medical announced the formal opening of the GENESIS Tech Center (GTC), an 18,000 sq. ft. of refurbished space at Tegra’s new headquarters in Franklin, MA. The GTC will address the medical device industry’s need for speed, the GTC will be focused exclusively on assisting customers with their product development needs, specifically: inventory of commonly used raw materials for minimally invasive surgical and interventional products, design for manufacturability, prototyping and pilot production. Within the GENESIS Tech Center, there are three distinct offerings: Quick Wire & Tube: Inventory of the most ...
Wildcat Medical Device Drills Clogged Arteries
Texans are used to drilling for oil. Now, a San Antonio doctor is having success with a new medical device from Flowcardia that "drills" through artery clogging plaque using high frequency vibrations. The Crosser Catheter device nicknamed "Wildcat" eliminate blocked arteries saving patients from painful treatments and potential amputation. According to Flowcardia: A Chronic Total Occlusion (CTO) is defined as an artery that has been completely occluded for greater than 30 days. Chronically occluded arteries account for approximately 20-30% of the documented coronary disease encountered in coronary catheterization labs today; CTOs are encountered in up to 60% of peripheral interventions. ...
Covidien takes top spot on The Patent Board
The Boston Globe reported that Coviden, a leading global provider of healthcare products, was ranked the top innovator in the medical devices and services industry by The Patent Board™, the official patent ratings partner of The Wall Street Journal. The Patent Board Scorecard ranked 122 companies in the industry by patent portfolio strength. The Scorecard is a tool to recognize that patent portfolios are measurable financial assets that can be market-value drivers. According to a Covidien press release: In 2009, Covidien moved up from the number two position to take the #1 spot in rankings for the first time, driven by a ...
Mass Medical Device Development
Mass High Tech Reports: The Massachusetts Medical Device Development Center (M2D2) reports it has given funding to four medical device ideas -- three of them based out of local hospitals. Researchers behind the devices received about $50,000 from M2D2, including product prototyping, marketing and business planning assistance, and assistance from the University of Massachusetts Medical School in Worcester. Aura Medsystems Inc., a startup receiving one of the grants, will also move into M2D2’s incubator space in the Wannalancit Mill building on the UMass Lowell campus. The following devices received funding: • Photochemical tissue bonding; Robert Redmond of Aura Medsystems Inc. Duxbury; led by Robert Redmond • ...
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Syneron Medical Merges with Candela Corporation
Syneron Medical Ltd. (NASDAQ: ELOS), an innovator in the development, marketing and sales of elos(TM) combined-energy medical aesthetic devices and Candela Corporation (NASDAQ: CLZR), a pioneer in the development of medical and aesthetic laser based technologies and systems, today announced the successful closing of their merger. Lou Scafuri, Chief Executive Officer of Syneron, commented, “We... [Read more]
Tegra Medical unveils GENESIS Tech Center
Tegra Medical Unveils GENESIS Tech Center to Reduce Time to Market Tegra Medical announced the formal opening of the GENESIS Tech Center (GTC), an 18,000 sq. ft. of refurbished space at Tegra’s new headquarters in Franklin, MA. The GTC will address the medical device industry’s need for speed, the GTC will be focused exclusively on assisting customers with their product development needs,... [Read more]
Wildcat Medical Device Drills Clogged Arteries
Texans are used to drilling for oil. Now, a San Antonio doctor is having success with a new medical device from Flowcardia that “drills” through artery clogging plaque using high frequency vibrations. The Crosser Catheter device nicknamed “Wildcat” eliminate blocked arteries saving patients from painful treatments and potential amputation. According to Flowcardia: A Chronic... [Read more]
Covidien takes top spot on The Patent Board
The Boston Globe reported that Coviden, a leading global provider of healthcare products, was ranked the top innovator in the medical devices and services industry by The Patent Board™, the official patent ratings partner of The Wall Street Journal. The Patent Board Scorecard ranked 122 companies in the industry by patent portfolio strength. The Scorecard is a tool to recognize that patent portfolios... [Read more]
Mass Medical Device Development
Mass High Tech Reports: The Massachusetts Medical Device Development Center (M2D2) reports it has given funding to four medical device ideas — three of them based out of local hospitals. Researchers behind the devices received about $50,000 from M2D2, including product prototyping, marketing and business planning assistance, and assistance from the University of Massachusetts Medical School... [Read more]
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