Tag Archives: Medical Device

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Bio Roundup: Feds Sue Gilead, Biogen Eyes China, CRISPR’d Kidneys & More

During the state of the union address this year, President Trump pledged to end HIV transmission within the next decade. A key part of that plan is an HIV prevention drug made by Gilead Sciences. That drug has now become the center of a patent dispute between the Foster City, CA, drug maker and the […]

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Biotech Roundup: Vaping Toll Rises, NASH News, Akcea Shakeup & More

Lung injuries linked to electronic cigarettes have topped 800 cases, including 12 deaths, according to the Centers for Disease Control and Prevention. Public health officials aren’t sure whether the injuries are from legally sold products made by companies such as Juul, or from black-market items such as those that allow users to “vape” the active […]

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SpringWorks and Satsuma Boost This Week’s Biotech IPO Haul to $595M

Wall Street welcomed three life science companies to the public markets this week. 10x Genomics led the way Wednesday, followed by SpringWorks Therapeutics and Satsuma Pharmaceuticals on Thursday. Combined, the three companies raised more than $595 million from their IPOs. According to IPO research firm Renaissance Capital, 153 companies have filed the paperwork this year […]

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Pfizer Spinout SpringWorks, Migraine Drug Firm Satsuma Prep IPOs

The dog days of summer are here and IPO activity has slowed, but that hasn’t stopped some biotech companies from securing a place in the line leading to Wall Street. Late Friday, SpringWorks Therapeutics and Satsuma Pharmaceuticals filed paperwork to go public. SpringWorks spun out of Pfizer (NYSE: PFE) nearly two years ago, aiming to […]

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Spine-Surgery Medtech Startup Carlsmed Merges With Imaging Company

Carlsmed, a San Diego-based medical technology company that’s developing personalized spinal implants, has merged with Precisive Surgical, a spine imaging system startup in Seattle. The combined company, which will operate in San Diego under the Carlsmed name, aims to create a platform that will use imaging recognition technology, 3D printing, and other tools to allow […]

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Boston Tech Watch: Vaxess, Fusion Power, Wayfair & MassChallenge

An acquisition, accelerator awards, access to venture capital, and arguments over e-commerce sales to migrant detention centers. All that and more in this week’s Boston tech news. Read on for the details. —Email security company GreatHorn says it raised $13 million in a funding round co-led by RRE Ventures and .406 Ventures and joined by […]

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Acutus, Maker of Next-Gen Electrophysiology Tech, Adds $100M Series D

A company that makes a mapping system to help doctors see high-resolution, 3D images of irregular heart rhythms in real time has raised $100 million in venture investment and a $70 million credit facility to fund its full-scale market launch. Acutus Medical, based in the northern San Diego community of Carlsbad, was founded in 2011. […]

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At Big Neuro Meeting, Migraine Drug Competitors to Make Oral Arguments

The first new class of migraine drugs in decades won FDA approval last year. But the companies who commercialized these new therapies and their potential competitors are already planning new, more convenient versions, taken as pills instead of injectoins just below the skin, and they will present key data in the next few days at […]

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Acelity Sells to 3M in Deal Valued at $6.7 Billion, Ending IPO Plan

San Antonio — Acelity is being acquired by 3M, the maker of products like Post-it and Ace bandages, in a $6.7 billion deal just two weeks after an affiliate of Acelity had filed paperwork for an initial public offering. The up-front cost to 3M will be about $4.3 billion because 3M (NYSE: MMM) will assume […]

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San Antonio Wound-Care Company Eyes (Another) Initial Public Offering

San Antonio—Acelity may become a public company again, eight years after a consortium of private equity firms took the company, then known as Kinetic Concepts, private. KCI Holdings, an affiliate of Acelity, filed paperwork Thursday morning with the US Securities and Exchange Commission that proposes to list its shares on the New York Stock Exchange. […]

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