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 • ...
Merit Medical Buys En Snare Assets
Hatch Medical, a medical device incubator and technology brokerage firm announced today that Merit Medical Systems, Inc. has acquired the EN Snare® foreign body retrieval device assets for $21 million dollars in cash. The purchase price consists of an initial payment of $14 million with an additional payment of $7 million upon the completion of certain milestones. The EN Snare® foreign body retrieval device, developed in ...
Featured
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]
Merit Medical Buys En Snare Assets
Hatch Medical, a medical device incubator and technology brokerage firm announced today that Merit Medical Systems, Inc. has acquired the EN Snare® foreign body retrieval device assets for $21 million dollars in cash. The purchase price consists of an initial payment of $14 million with an additional payment of $7 million upon the completion of certain milestones. The... [Read more]
Read More Posts From This Category
