Raising venture capital funding given this industry's current regulatory hurdles is difficult, but not impossible, one company has shown recently. (Medical Device Daily)
Tryton Medical (Durham, North Carolina) has received FDA conditional approval for an investigational device exemption application to start a pivotal trial to evaluate the Tryton Side Branch Stent System for the treatment of coronary artery disease. (Medical Device Daily)
Medicalis (San Francisco) has begun the commercialization of its next generation Radiology Collaborative Workflow Solutions offering providers a technology platform intended to enhance productivity and ensure the delivery of measurable high-quality radiology care. (Medical Device Daily)
By the time Auld Lang Syne is echoed across the west coast this year, one California-based company hopes to have more to celebrate than just the dawning of a new year. IntraPace (Mountain View) CEO Chuck Brynelsen told Medical Device Daily his company expects to receive CE mark by the end of the year for its abiliti weight loss device. (Medical Device Daily)
Boston Scientific (Natick, Massachusetts) said Friday it has signed a merger agreement to acquire Sadra Medical (Los Gatos, California), a development-stage valve company. Sadra is developing the first fully repositionable device for percutaneous aortic valve replacement to treat patients with severe aortic stenosis. (Medical Device Daily)