Archive for November 2016
Investors Still Punishing Hospital Companies on Obamacare Repeal Fears
Investors have yet to put a floor beneath hospital and physician-staffing stocks that plummeted after Donald Trump’s election to the presidency. Dallas-based Tenet Healthcare, whose shares are down more than 25% since Tuesday, is among the leading decliners among all stocks following Trump’s stunning victory over Hillary Clinton Tuesday. Trump has vowed to make repealing…
Read MoreHeart Transplant Recipient Receives the World’s First 31 Fr ProtekDuo™ Cannula in a Life-Saving TandemLung® Case
PITTSBURGH–(BUSINESS WIRE)–CardiacAssist, Inc. dba TandemLife announced today the commercial launch and first human use of their newest ProtekDuo dual lumen cannula at Cedars Sinai Heart Institute in Los Angeles. The cardiothoracic transplant team said the TandemLung and 31 Fr ProtekDuo were used in combination with the TandemHeart® pump to support a heart transplant recipient who…
Read MoreArterys 4D Blood Flow MRI Imaging System Cleared by FDA
Arterys, a pioneer in cloud-based medical imaging software, announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Arterys Software. This clearance allows the Arterys product to be used in clinical settings for the quantification of cardiac flow, which includes 4D flow and 2D Phase Contrast workflows, and…
Read MoreThe Future of Surgical Robotics: Interview with CEO of TransEnterix
TransEnterix is a late stage surgical robotics company founded in 2006. The company is dedicated to improving clinical outcomes through the use of robotics in surgery. TransEnterix acquired the surgical robotics division of SOFAR S.p.A in 2015 which included the TELELAP ALF-X advanced robotic system. TransEnterix is now focusing on commercialization of this platform as…
Read MoreMedtronic Agrees to Share Data in Patient-Safety Effort
Medtronic CEO Omar Ishrak announced this week that he is joining the board of the Patient Safety Movement Foundation, which was founded four years ago by Masimo CEO Joe Kiani. Minnesota-run Medtronic PLC and California-based Masimo Corp. are bitter rivals when it comes to selling medical devices that detect health problems by measuring patients’ blood…
Read MoreHeart Test Labs Appoints Industry Veteran Brian Allen as it Prepares for Commercial Device Launch
WESTLAKE, Texas–(BUSINESS WIRE)–Heart Test Laboratories Inc., announced today the appointment of Brian L. Allen as Senior Vice President of Business Development. In this role, Mr. Allen will lead the company’s commercial launch of its MyoVista electrocardiographic device. He will be responsible for building the sales team and distribution partners on a global basis. Mr. Allen…
Read MoreYoung Biologists Ditch Postdocs for Biotech Start-Ups
Many biologists are founding their own firms as venture capitalists show increased interest in science. Vindication was three years coming for Ethan Perlstein (pictured above). On 19 October, his California biotechnology company, Perlara, announced a deal with Novartis. The Swiss drug giant will test a compound that Perlara has identified as a possible treatment for a…
Read MoreOrtho Startup Intellijoint Uses Optical Nav System for Better Hip Replacement Outcomes
Until recently, orthopedic surgeons have had few tools to position hip replacements, relying on experience and judgment. This year, Ontario, Canada-based Intellijoint Surgical introduced intellijoint HIP, an optical navigation system that has been approved in Canada and the U.S. Last week, the company raised $11 million in series A financing to accelerate adoption. “Our goal…
Read MoreEarlySense Launches New Wireless Monitoring Tool to Help Reduce Hospital Readmissions
Waltham, MA – September 27, 2016 – EarlySense, the market leader in contact-free continuous monitoring solutions, today launched InSight™, a new product line extension designed for facilities aiming to reduce hospital readmissions and falls. Leveraging the company’s market-proven hospital technology, InSight provides a powerful continuous vital sign monitoring tool that allows clinicians to detect early…
Read MoreFirst Cases Of New, Infectious Fungus Reported In U.S.
If you’re tracking emerging infectious agents in the United States, it’s time to add a new one to the list. The Centers for Disease Control and Prevention has identified 13 cases of a fungal infection first seen in Japan in 2009. The culprit is called Candida auris. Candida auris is a fungus that can cause…
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