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BioWorld - Monday, May 18, 2026
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Medical technology
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Financings for March 8, 2022

March 8, 2022
Med-tech firms raising money in public or private financings, including: Fulgent Genetics, Sequana Medical.
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Royal Philips headquarters

Philips raises awareness of implantable electronic device infections

March 7, 2022
By Annette Boyle
Royal Philips NV expanded its commitment to increasing awareness of cardiovascular implantable electronic device (CEID) infections with a new partnership with the American Heart Association (AHA). The organizations are rolling out a program to educate medical professionals on the proper management of these infections which are commonly treated with antibiotics, an approach that leads to reinfection in the majority of cases.
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Flag of Australia, sky background

Australia introduces patent box legislation for med-tech and biotech innovations

March 7, 2022
By Tamra Sami
New legislation providing a tax incentive for Australian medical innovations was introduced in Australia’s House of Representatives, and industry stakeholders are lauding the move. The measure, providing a special tax regime on income derived from patents, a “patent box,” will apply for income years beginning on or after July 1.
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Feyi Ayodele and Olufunmilayo Olopade

Cancer IQ nets $14M for cancer screening software

March 7, 2022
By Catherine Longworth
Investors are backing precision medicine company Cancer IQ Inc. with $14 million to expand use of its cancer prevention platform. The series B funds will be used to scale the company’s cancer screening service among diverse, uninsured, and rural populations in the U.S.
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European Union flag

EU suspends research projects with Russia

March 7, 2022
By Mari Serebrov
The indirect impact of the Russian invasion of Ukraine on the life sciences sector continues to grow, as the West responds with more and more sanctions against Russia. In one of the latest moves, the European Commission announced March 4 that it is suspending cooperation with Russian entities in research, science and innovation.
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DNA sequence and COVID-19 virus cells

Study finds variants that increase risk of severe COVID-19

March 7, 2022
By Nuala Moran
The world’s largest genomics study in patients with life-threatening COVID-19 infections has uncovered 16 new genetic variants associated with severe disease and drawn up a roadmap for research into new therapies and diagnostics. The research involved comparing the complete genome sequences of 7,491 patients admitted to 224 intensive care units in the U.K. against those of 48,400 participants in Genomics England’s 100,000 Genomes project, and of a further 1,630 people who had mild COVID-19. While some of the gene variants found in the Genomicc study affect the function of a protein, others influence the amount of the protein that is expressed. An example is mucin-1, where overexpression led to worse outcomes.
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Regulatory actions for March 7, 2022

March 7, 2022
Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Artventive Medical, Biobot Surgical, Mawi DNA Technologies.
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Other news to note for March 7, 2022

March 7, 2022
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Breg, Calyx, Clinchoice, J2 Medical, Oncimmune, Premier, Tytocare.
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In the clinic for March 7, 2022

March 7, 2022
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Impedimed, Pathmaker Neurosystems.
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Financings for March 7, 2022

March 7, 2022
Med-tech firms raising money in public or private financings, including: Diadem, Mdisrupt, Sequana Medical, Varex.
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