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BioWorld - Friday, May 8, 2026
Home » Topics » Medical technology

Medical technology
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Dollar sign between hands

Sounds of relief as Masimo unloads audio division

May 8, 2025
By Annette Boyle
News of the sale of Masimo Corp.’s consumer audio unit may be music to the ears of investors, even at the steep discount from its original purchase price. Samsung Electronics Co. Ltd.’s Harman International Industries Inc. unit snapped up the Sound United business for about $350 million – roughly one-third of the $1.025 billion Masimo paid for the company in 2022.
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Precision Neuro eletrode array

Precision Neuro leads BCI race following FDA clearance

May 8, 2025
By Shani Alexander
The recent 510(k) clearance by the U.S. FDA for a core part of Precision Neuroscience Corp. brain-computer interface technology is certainly a boon for the company, and others developing the devices. For the millions of people suffering from health disorders, such as motor neuron disease, spinal cord injury or severe stroke, its sign that a solution which could transform their lives could be just a few years away.
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Approved label with medical icons, professional

FDA posts regulation for 2018 test for hematological malignancies

May 8, 2025
By Mark McCarty
The U.S. FDA in 2018 granted the de novo petition by Seattle-based Adaptive Biotechnologies Corp. for the company’s DNA test for evaluation of residual hematological malignancies, but waited until March 8, 2025, to post notice of the attendant regulation.
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Oncosil

Oncosil’s brachytherapy device outperforms SBRT in pancreatic cancer

May 8, 2025
By Tamra Sami
Oncosil Medical Ltd.’s brachytherapy device outperformed stereotactic body radiation therapy plus chemotherapy in patients with unresectable or borderline-resectable locally advanced pancreatic cancer, according to a comparative analysis.
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Red arrow pointing downward on a stock market ticker

M&A activity dominates Q1, nearly 99% total med-tech deal value

May 8, 2025
By Amanda Lanier
In the first quarter of 2025, the med-tech sector saw a total of $149.08 million raised through 475 deals. This marked a significant decline from the $519.14 million raised in Q4 2024, representing the smallest quarterly total recorded by BioWorld MedTech since 2018.
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Appointments and advancements for May 8, 2025

May 8, 2025
New hires and promotions in the med-tech industry, including: Axogen, Caris Life Sciences, Machine Solutions, Qiagen.
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Financings for May 8, 2025

May 8, 2025
Med-tech firms raising money in public or private financings, including: Exagen.
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In the clinic for May 8, 2025

May 8, 2025
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Dariohealth, Laborie Medical, Mictrostransponder, Novorad, Openwater.
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Other news to note for May 8, 2025

May 8, 2025
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Accelerate Diagnostics, Clinical Accelerator, Doktorconnect, Ezra, Fastwave Medical, Function Health, Vitalflo, Luminopia, Nextgen Jane, SS Innovations.
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Colon cancer illustration

Safeheal secures €35M for endoluminal fecal bypass system

May 7, 2025
By Shani Alexander
Safeheal SAS raised €35 million (US$39.72 million) in an oversubscribed series C financing round for its temporary endoluminal fecal bypass system, Colovac, which is placed in the colon following colorectal resection. The funds will be used to complete an investigational device exemption pivotal study and speed up preparation for commercial launch of the device.
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