How many of us have ever gone into the doctor to undergo some tests and then have to wait several days to get the results? Is it just me or can the wait be a bit maddening? I mean in all that time, the thoughts that can run through your head are overwhelming right? In a society where things are increasingly speeding up, it's incredible that there isn't a stronger push for making patients aware of their test results much earlier. One med-tech company is focused on developing tests that could garner rapid results for patients, and quite possibly eliminate...
Even though Ivantis' (Irvine, California) Hydrus Microstent has yet to gain FDA approval, word of the device is growing, and the company is developing a body of strong clinical results surrounding the technology.
A patient goes into to the doctor to take a diagnostics test to see if they are suffering from a particular disease. Results from the test can sometimes take about a week to make it back to the patient. In that time, some patients have a tremendous amount of anxiety or are nervous while waiting for the results.
Medical device investing of $543 million into 71 deals represented a 1% decline in both dollars and financings, according to The MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Reuters. Investments in the Life Sciences sector overall (biotechnology and medical devices) rose 25% in dollars and 2% in financings, purely on the strength of investing in the biotech sector, according to the report.
Meniscus tears are often problematic and the common solution has primarily been to remove the torn section. However, a newly released device from Ceterix Orthopedics (Menlo Park, California), seeks to eliminate the need to remove these torn sections via meniscectomy and provide a way to repair the torn tissue.