Archive for February 2016
Titan Medical Prices $6m Offering
Titan Medical (CVE:TMD) today priced an 8.9-million-share offering at about 65¢ per share, saying it plans to use the proceeds to continue developing its Sport robot-assisted surgery platform. Toronto-based Titan said it could gross about $5.8 million (C$8 million) from the offering, which is slated to close Feb 12. Each unit of the offering consists…
Read MorePerforming Surgery on Patients from the Room Next Door… Curious
The surgeon, who has spent 15 minutes gently tearing through tissue, suddenly pauses to gesture ever-so-slightly with his tiny scissors. “Do you see what’s on this side? That’s nerves.” He moves the instrument a few millimeters to the right. “And on this one? That’s cancer.” Ashutosh Tewari is the head of the urology department at Mount…
Read MoreWhy it took years for the FDA to warn about infections tied to medical scopes
An outbreak at a Pennsylvania hospital in late 2012 should have been an early warning that a reusable medical scope was spreading deadly infections and nearly impossible to disinfect. But staff at the federal Food and Drug Administration lost the report, one of multiple missteps that allowed doctors and hospitals to continue using the scope…
Read MoreGroup Finds 10 Nontechnical Factors That Influence Safety Culture in Hospitals
A hospital’s “safety culture” is as important as technical elements such as a surgeon’s skill and operating room (OR) equipment for delivering high-quality patient care, according to a new study published online in the Journal of the American College of Surgeons. “The nontechnical skills of care coordination, teamwork and ownership over the delivery of care are…
Read MoreInnovative Wound-Healing Could Save Human Limbs
The fight is on to save human limbs: As the rate of diabetes continues to rise, the foot ulcers and chronic wounds that can come with the condition — and can lead to amputations in severe cases — remain a persistent problem. To address it, medical professionals are now turning to wound dressings made from…
Read MoreBionic implant the size of a matchstick could help paralyzed people ‘walk with the power of thought’
The team is hoping to test the matchstick-sized stent electrode, or “stentrode,” in a group of paralyzed patients with spinal cord injuries in 2017. The device is inserted via a blood vessel and is deposited in a blood vessel next to the motor cortex – the part of the brain that generates signals that control…
Read MoreCorin Wins Summary Judgement in Metal-on-Metal Hip Suit
On February 3, 2016, Corin Group PLC and Corin USA Limited (Corin) prevailed in a lawsuit alleging injuries from Corin’s hip resurfacing system, the Cormet, a Class III medical device approved by the U.S. Food and Drug Administration (Swisher v. Stryker Corporation, et al.). After full discovery, Corin filed motions for summary judgment and to…
Read MoreHernia Patients, Surgeons Not Always Aligned for Pain Relief
Chicago—Patients with ventral hernias say pain relief is the most important outcome that could affect their quality of life, rating it above fear of potential complications or any limits to their functioning, according to a new survey study. Furthermore, at follow-up interviews six months after their initial surgical consult, patients who had undergone surgical repair…
Read MoreWound Care BioActive to See Growth in Coming Years
Advanced wound dressing materials made from biomaterials play an important role in the wound healing process are known as bioactive wound care dressings. Bioactive wound care dressings also comprise tissue-engineered products derived from artificial sources or natural tissues. These are usually formed by combining various polymers such as collagen, hyaluronic acid, elastin, alginates and chitosan.…
Read MoreSI-BONE: New Positive Local Coverage Determination
SI-BONE, Inc., manufacturers of the iFuse Implant System, has announced that CGS Administrators, LLC (CGS) the Medicare Administrative Contractor (MAC) covering the states of Kentucky and Ohio has issued a positive local coverage determination (LCD) for MIS SI joint fusion. iFUse is a minimally invasive surgical (MIS) device indicated for fusion for certain disorders of…
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