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BioWorld - Monday, August 3, 2026
Home » Topics » Medical technology, Newco news

Medical technology, Newco news
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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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Gloved hand holding rolled electrode

Neuroone thin film electrode technology enables extended, minimally invasive device

Aug. 25, 2020
By Annette Boyle
Neuroone Medical Technology Corp.’s thin film, high definition cortical electrode technology, Evo, can record, monitor, ablate, and stimulate brain tissue for up to 30 days, potentially transforming neurosurgical procedures used to treat epilepsy, Parkinson’s disease, chronic pain, and other conditions.
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Richard Lipscombe in the lab

Proteomics rolls out blood-based diagnostic to predict diabetic kidney disease

Aug. 18, 2020
By Tamra Sami
PERTH, Australia – With 1 in 3 patients with type 2 diabetes likely to develop diabetic kidney disease (DKD), Perth-based Proteomics International Laboratories Ltd. has developed a blood-based diagnostic test that can predict the onset of DKD, enabling patients to get treatment sooner to prevent the onset of the disease.
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Product image

Clearcam sees quicker path to market with $2.6M series 2 seed round funding

Aug. 12, 2020
By Annette Boyle
Clearcam Inc.'s Kelling device has an improved view of the market thanks to the closing of a $2.6 million series 2 seed financing round, led by investor and entrepreneur Frank Barbella, CEO of Solv Risk Solutions.
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Non-thermal plasma catheter

CAPS Medical snags $3.5 million in series A financing

July 31, 2020
By Annette Boyle
CAPS Medical, of Netanya, Israel, closed a $3.5 million series A round led by Chasing Value Asset Management and the Los Angeles-based Israel Investment Fund Group. The new funds will be used to enable CAPS to undertake its first clinical trial for its minimally invasive, nonthermal plasma device for cancer treatment and further develop its portfolio for the treatment of solid tumors.
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Bioprinter device

Aussie startup Inventia could revolutionize skin regeneration with 3D bioprinting robot

July 31, 2020
By Tamra Sami
PERTH, Australia – Startup Inventia Life Science Pty. Ltd. has received two major investments from the Australian government to accelerate the development of a robotic device that prints a patient’s own skin cells directly onto a burn or wound. Named Ligō from the Latin “to bind,” the device could revolutionize the way surgeons approach wound repair.
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Newco news

Starvation safety switch could make cell therapies safer

July 28, 2020
By Anette Breindl
By deleting the gene for uridine monophosphate synthetase (UMPS), an enzyme in the pathway for uridine synthesis, researchers have made cells, including embryonic stem cells and T cells, dependent on dietary uridine. The work, which was published in the July 13, 2020, online issue of Nature Biotechnology, adds a new potential way of controlling cell therapies.
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Dollar sign in lightbulb

Endpoint Health comes out of stealth mode, lands $12M

July 13, 2020
By Liz Hollis
Endpoint Health Inc. has made its official debut, scooping up $12 million in debt and equity financing from a host of investors, including Mayfield, Y Combinator, Ame Cloud Ventures and Wireframe Ventures. The Palo Alto, Calif.-based company is focused on helping people with illnesses such as sepsis and acute respiratory distress syndrome (ARDS) – life-threatening conditions often caused by serious infections, including COVID-19.
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Euro symbol in piggy bank

Mastor's growth prospects boosted by Sofinnova seed funding and expertise

July 6, 2020
By Annette Boyle
Mastor SAS secured €3 million (US$3.39 million) in seed investment from Sofinnova Partners' MD Start III Fund and €1.9 million in non-dilutive funding through the i-Nov Innovation Award from BPI France, the French national public investment bank.
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