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BioWorld - Sunday, May 10, 2026
Home » Topics » Medical technology, Newco news

Medical technology, Newco news
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COVID-Seroklir components

Kantaro receives FDA EUA for COVID antibody test

Nov. 25, 2020
By Liz Hollis
Kantaro Biosciences LLC, a joint venture between the Mount Sinai Health System and RenalytixAI, has received emergency use authorization from the U.S. FDA for its semi-quantitative SARS-CoV-2 IgG antibody test kit. Known as COVID-Seroklir, the test determines the presence and precise level of IgG antibodies. It has demonstrated 98.8% sensitivity and 99.6% specificity for detecting SARS-CoV-2 specific IgG antibodies against two virus antigens, the full-length spike protein and its receptor-binding domain.
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Surgical team, instruments in operation room

Ganymed reports successful functional testing for its surgical assistant for knee arthroplasty

Nov. 23, 2020
By Bernard Banga
PARIS – Ganymed Robotics SAS reported the successful completion of functional prototype testing for its surgical robotic assistant used in total knee arthroplasty. According to a systematic review of the literature, published in the Journal of Arthroplasty, more than 2 million patients undergo knee arthroplasty each year after suffering arthritis of the knee.
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Prime Minister of Pakistan tours N-ovative

With stents, Pakistan’s med-tech industry climbs the value chain

Nov. 16, 2020
By Khawar Khan
KARACHI, Pakistan – Pakistan is taking steps to produce coronary stents domestically as a way to improve the delivery of health care at home and, perhaps, tap into a growing global market. N-ovative Health Technologies Pvt. Ltd., spun out of the National University of Science and Technology (NUST), started mass production of cardiac stents and angioplasty balloon catheters in October. It is the first such manufacturing facility in the country.
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Stretched fibers

Canadian company wins funding to develop super strong biofibers

Nov. 11, 2020
By David Godkin
TORONTO – Biomaterials med-tech company 3D Biofibr Inc. has raised CA$550,000 (US$423,500) seed funding to develop, commercialize and scale up a biofilm platform that mimics the spinning behavior of the common spider.
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Coronavirus vaccine illustration

Hot and cold storage system possible answer to organ, vaccine transportation

Oct. 19, 2020
By David Godkin
TORONTO – What’s the difference between an organ transplant container tucked under a paramedic’s arm and an ordinary beer cooler packed with ice? Surprisingly, not much, according to researchers at London, Ontario’s Western University. They’ve come up with a portable, temperature-controlled container that prevents spoilage of donor organs during transport to the operating room – and of potential vaccines.
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3D heart in chest

Spectrawave taps new CEO to lead development of cardiac imaging system

Oct. 14, 2020
By Mary Ellen Schneider
Spectrawave Inc. has named Eman Namati as its CEO with the charge of commercializing its flagship cardiac imaging technology. The 3-year-old, Bedford, Mass.-based medical imaging company has set an ambitious 24-month timeline for getting its photonic imaging technology for coronary artery disease into the clinic.
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Brain as light bulb filament

Israel’s Ben-Gurion University develops wearable device for predicting epilepsy-related seizures

Oct. 5, 2020
By David Ho
HONG KONG – Israel’s Ben-Gurion University of the Negev (BGU) has set up a company to further develop and commercialize its technology into a wearable device for predicting epilepsy-related seizures.
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Digital imaging technology
AI in Radiology

Gleamer raises $8.75M for AI assistant in bone trauma medical imaging

Oct. 1, 2020
By Bernard Banga
PARIS – Gleamer SAS has secured $8.75 million in series A financing for its CE-marked artificial intelligence (AI) application that automatically detects all types of fracture in radiography. “This funding will allow us to move forward with launching Boneview around the world,” Christian Allouche, CEO and co-founder of Gleamer, told BioWorld.
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Rocket launch illustration

Olive Diagnostics emerges from stealth with AI-assisted home urinalysis device

Sep. 17, 2020
By Meg Bryant
Israeli startup Olive Diagnostics Pvt. Ltd. is aiming to disrupt at-home urinalysis testing with a hands-free, noninvasive, artificial intelligence (AI)-based solution that provides remote diagnostics by detecting urine’s molecular composition. K2, as the device is called, attaches easily to the toilet rim to generate secure, personalized diagnostic data that directly links to a mobile app.
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Skin, tissue layer illustration

After AU$45M IPO, Aroa rakes in two new approvals as it ramps up commercial presence

Aug. 31, 2020
By Tamra Sami
PERTH, Australia – After its initial public offering on the Australian Securities Exchange, soft tissue regeneration company Aroa Biosurgery Ltd. has received new clearances in the U.S. and Europe and is focusing on building up its commercial and manufacturing capacity.
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