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BioWorld - Saturday, May 16, 2026
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Medical technology
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Financings for Oct. 6, 2021

Oct. 6, 2021
Med-tech firms raising money in public or private financings, including: Anaconda Biomed, Aon, Brainscope, Lightship, Twin Health.
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Digital illustration of U.S., coronavirus

Acon Labs promises 200M Flowflex COVID tests by early 2022

Oct. 5, 2021
By Mark McCarty
Advocates have continued to press for more widespread use of rapid antigen tests in the home as a primary instrument for returning to economic normalcy, and the FDA has granted an emergency use authorization (EUA) to Acon Laboratories Inc., of San Diego, for the company’s Flowflex rapid antigen test for at-home use. According to the FDA, Acon said the COVID-19 test will be produced at a rate of 200 million a month by February 2022, a clip that should go a long way toward restoring vigor to a lagging U.S. economy.
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U.S. FDA headquarters

FDA retains pre-inspection features in final rule for de novo petitions

Oct. 5, 2021
By Mark McCarty
The FDA’s final rule for the de novo petition process took nearly three years to wrap up, a timeline likely extended by the COVID-19 pandemic, but the final rule retains some controversial features seen in the 2018 draft. Among these is a provision for FDA inspections before determining whether to grant the petition, a provision that was blasted by multiple commenters as extra-statutory and a needless source of drag on these applications.
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Acquisition target

Innerscope acquires Ihear, expands direct-to-consumer hearing aid platform

Oct. 5, 2021
By Annette Boyle
Innerscope Hearing Technologies Inc. acquired the assets and operations of Ihear Medical Inc. for an undisclosed amount. The deal significantly boosts Innerscope’s position in the emerging market of direct-to-consumer and over-the-counter hearing products, an important development in the run-up to the FDA’s expected release next month of new regulations for hearing aids that can be sold in stores without a prescription.
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Flag of India

India moves forward with risk classification for devices, stronger regulation

Oct. 5, 2021
By T.V. Padma
Through a series of notifications, India’s drug regulator has classified a new batch of medical devices as well as a range of software used in medical devices according to risk, taking another step to strengthen regulatory oversight and shore up the domestic med-tech sector.
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Lithuania and its flag on globe
2021 Life Sciences Baltics

Lithuania’s growing life sciences sector spotlighted at Life Sciences Baltics conference

Oct. 5, 2021
By Catherine Longworth
It may be a small country, but Lithuania has lofty ambitions. The Baltic country is emerging as one of Europe’s rising life science stars, with annual growth of 22% and targeting 5% of its GDP to be generated by the life sciences sector in 2030. Export of medical devices has also doubled since 2008, with majority of the country’s production reaching the U.K., France, Russia, Spain and the U.S.
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Regulatory actions for Oct. 5, 2021

Oct. 5, 2021
Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Acon Labs, Amber Implants, Iotamotion, Nyxoah.
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Other news to note for Oct. 5, 2021

Oct. 5, 2021
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Aidoc, Allscripts, Caremetx, Esight, Fluidfile, Merlin Entertainments, Riverain Technologies, Samsung Electronics, Sonendo, Veradigm, Vuno.
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In the clinic for Oct. 5, 2021

Oct. 5, 2021
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Bactiguard, Boston Scientific, Proscia.
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Financings for Oct. 5, 2021

Oct. 5, 2021
Med-tech firms raising money in public or private financings, including: Diagu, Microbiome.
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