Full article reprinted from PharmAsia News - July 9, 2009
SHANGHAI - Shanghai Zhangjiang Hi-Tech Park Development announced June 27 the company will pay $85.35 million to acquire a 24.4 percent stake in MicroPort Scientific.
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Device Deals reprinted from Strategic Transactions - July 2009
Device start-up Spiracur raised $20.3mm through its Series B round. New investors Kleiner Perkins Caufield & Byers and New Leaf Ventures co-led and were joined by returning backer De Novo Ventures. Find out more PLUS learn about 25 other noteworthy recent device deals.
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Article preview from IN VIVO - June, 2009
The economic meltdown that drove many publicly traded share prices into the ground promised to spark a shopping spree for strategic investors looking to score inexpensive assets. The deals largely haven't materialized, but Intuitive Surgical., with more than $800 million in cash reserves and investments, is certainly beginning to nibble. Over the past six months, Intuitive has signed three technology-sharing agreements and bought the assets of a fourth in pursuit of new technologies to help feed future products to sell along side-or potentially inside-its da Vinci surgical systems. Read on...
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Article preview from Start-Up - June, 2009
Investors love to remind everyone that IPOs are financing events, not exiting events. using the mantra to put off Judgment Day for their investments. So how have device companies fared after the recent spate of IPOs.
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Article preview from Medtech Insight - June, 2009
The International Stroke Conference, held in San Diego in February 2009, presented several device-based therapies and approaches that could offer improved outcomes for patients that suffer an acute ischemic stroke. The technologies discussed included mechanical thrombectomy devices, laser treatments, and combined therapy using ultrasound, microspheres, and thrombolytic drugs. Read on...
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Full article reprinted from "The Gray Sheet" - July 6, 2009
Use of magnetic resonance imaging to assess heart valve disease in Medicare patients may be an easier proposition for physicians if a June 30 CMS coverage 1 proposal is adopted. Find out more...
Continue reading "MRI Coverage Proposals: A 'Go' For Blood Flow, 'No' For Pacemaker Patients " »
Full article reprinted from "The Gray Sheet" - July 6, 2009
FDA's Circulatory System Devices Panel will review a humanitarian device exemption application for Medtronic's Melody transcatheter pulmonary valve and Ensemble delivery system July 22, according to a July 2 Federal Register notice. Find out more...
Continue reading "Medtronic's Melody Transcatheter Pulmonary Valve Gets FDA Panel Date " »