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BioWorld - Tuesday, April 14, 2026
Home » Topics » Medical technology » Diagnostics

Diagnostics
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Businessman and IPO virtual screen

Caris settles IPO at $21, trading starts at $28

June 20, 2025
By Annette Boyle
Despite raising the price of its IPO twice, Caris Life Sciences Inc. left money on the table with a 33% increase in price as soon as trading commenced on the Nasdaq, though no one is squawking about raising nearly $500 million. The cancer diagnostics company initially priced its IPO at $16 to $18, then raised it to $19 to $20, before closing on a price of $21 per share. As management rang the bell for the start of trade on June 18, shares began trading at $28.
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Deski Heart Focus

Deski raises $6M for Heartfocus cardiac imaging software

June 20, 2025
By Shani Alexander
Deski SAS raised $6 million in a seed round to support the launch of its cardiac imaging software, Heartfocus, in the U.S. The AI-driven heart exam tool helps health care professionals perform echocardiograms from any ultrasound probe to enable the early detection of heart disease.
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Wound Monitoring
Patents

Device for monitoring wounds without removing dressings

June 18, 2025
By Simon Kerton
Researchers from the University at Buffalo, the State University of New York (SUNY), filed for protection of their development of a new imaging technology that uses radar and AI to see through dressings to monitor wounds and other skin conditions.
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De novo key on keyboard

FDA releases another batch of regs for de novo decisions

June 17, 2025
By Mark McCarty
It appears the U.S. FDA believes it’s never a bad time to release regulatory information about devices granted market access via the de novo program. The agency recently posted information on the vintage de novo granted in 2018 to Imagen Technologies Inc. for the company’s Osteo Detect algorithm.
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Philochem, BMS ink $1.35B deal for prostate cancer candidate OncoACp3

June 11, 2025
By Jennifer Boggs
No Comments
Philochem AG’s ligand-targeting approach drew to the table Bristol Myers Squibb Co. in a potential $1.35 billion agreement granting BMS subsidiary Rayzebio Inc. exclusive worldwide rights to OncoACP3, a diagnostic and therapeutic candidate targeting prostate cancer.
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The Nasdaq Stock Exchange headquarters in New York

Omada, Caris arrivals continue med-tech IPO hot streak

June 9, 2025
By Annette Boyle
Omada Health Inc. rang the opening bell on the New York Stock Exchange on June 6, marking its first day as a public company, but it won’t be the most recent IPO for very long. Continuing the brisk pace seen so far this year, Caris Life Sciences Inc. is hot on its heels with a road show in progress leading up to its expected debut on the Nasdaq next week.
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US flag, gavel, book

FDA declines to appeal court loss in LDT litigation

June 2, 2025
By Mark McCarty
The U.S. FDA declined to appeal the outcome of a lawsuit eviscerating the agency’s final rule for regulation of lab-developed tests despite a 60-day window to do so.
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DNA NGS genome sequencing

GC Genome plans $30M IPO to diversify genomic products, suppliers

May 27, 2025
By Marian (YoonJee) Chu
No Comments
GC Genome Corp. priced a Kosdaq offering of 4 million shares at ₩10,500 per share May 27, entailing a gross ₩42 billion (US$30.5 million) raise in early June. The Yongin, South Korea-based genomics subsidiary of GC Biopharma Corp. fixed its shares price to the top of its ₩9,000 to ₩15,000 price band May 27 after conducting demand forecasting on domestic and international institutional investors from May 19 to May 23.
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Brain and neural networks
Neurology/psychiatric

A novel coumarin-based radiolabel for monoamine oxidase B in neurodegenerative disease

May 27, 2025
No Comments
Researchers at North China Electric Power University and collaborators have developed novel radiolabels for the membrane-bound monoamine oxidase-B that feature a coumarin core.
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SeeMe
Patents

Seeme helps measure, detect consciousness after TBI

May 23, 2025
By Simon Kerton
In what represents their first patenting, researchers from New York’s Stony Brook University filed for protection for development of a system and method that uses computer vision to analyze microscale facial movements in order to objectively help diagnose, monitor, and treat disorders of consciousness.
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