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BioWorld - Saturday, May 16, 2026
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Medical technology
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Financings for Oct. 12, 2021

Oct. 12, 2021
Med-tech firms raising money in public or private financings, including: Bisu, Octave Bioscience.
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FDA icons

FDA preemption of state law for product labeling at risk in Mississippi court ruling

Oct. 12, 2021
By Mark McCarty
FDA preemption of state liability law has proven controversial on a number of occasions, a fact of life resurrected by a case arising out of the Supreme Court of the State of Mississippi. The court declared that the FDA must invoke the rulemaking process for its regulation of medical product labels.
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Dollar sign at center of maze

Mindmaze scores big with $125M for gamified neurotherapeutics platform

Oct. 11, 2021
By Annette Boyle
Mindmaze SA raised $125 million in a debt financing round led by Albacore Capital Group to expand its virtual reality-based digital neurotherapeutics platform. Total funding for Mindmaze now exceeds $235.7 million to date. Investors include the Hinduja Group, Venture Kick, the Foundation for Technological Innovation, and Leonardo DiCaprio. The Mindmaze platform assesses and restores cognitive and motor function in individuals who have sustained neural injuries or impairment from degeneration and aging.
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U.S. FDA headquarters

FDA says literature modestly supportive at best of host response to materials used in devices

Oct. 11, 2021
By Mark McCarty
The FDA’s push toward safety has included an examination of the materials used in medical devices, but a recent report sheds little useful light on whether these materials are provoking a response in patients.
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3D model, X-rays of spine

Duration of spinal study follow-up may be tweaked after FDA workshop

Oct. 11, 2021
By Mark McCarty
The term of follow-up in clinical studies is the subject of massive speculation at FDA advisory hearings, but a recent FDA workshop suggests the agency may adjust its expectations, depending on the device. Darrell Brodke, of the University of Utah, said on a recent spinal device workshop that the two-year endpoint in some spinal device studies struck him as somewhat arbitrary, adding that a longer duration of follow-up is necessary to capture some device failures, but that two years is perhaps overly long where some other outcomes measures are concerned.
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Concept of business partnership

Ampersand and Calpro partner to push personalized IBD therapy across the NHS

Oct. 11, 2021
By Catherine Longworth
Calpro AS and Ampersand Health Ltd. are combining technologies to provide a self-management and remote monitoring solution for people with inflammatory bowel disease (IBD). The partnership will integrate Oslo, Norway-based Calpro’s smart biomarker test with Ampersand’s digital therapeutic app My IBD Care. The companies said the collaboration could help reduce the administrative burden of IBD patient care.
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HKEX building

Chinese med-tech firms rush for Hong Kong IPOs despite poor recent performance in the market

Oct. 11, 2021
By Doris Yu
Chinese med-tech firms are still flocking to list on the Hong Kong Stock Exchange despite recent disappointing performances. One of these companies is Shanghai Microport Medbot (Group) Co. Ltd., which is looking to raise up to $1 billion in a Hong Kong initial public offering (IPO). Proceeds from the listing will be used for the R&D and commercialization of its core product Toumai Laparoscopic Surgical Robot.
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Regulatory actions for Oct. 11, 2021

Oct. 11, 2021
Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Organon.
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Other news to note for Oct. 11, 2021

Oct. 11, 2021
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: CMR Surgical, Si-Bone.
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In the clinic for Oct. 11, 2021

Oct. 11, 2021

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Koya Medical, Natera, Veracyte.


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