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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Nov. 20, 2020

View Archived Issues
Difference in image resolution with Synthetic Aperture Optics vs. standard

Rebus Biosystems raises $20M in series B round

Rebus Biosystems Inc. has closed a $20 million series B fundraising round. The financing round was led by Illumina Ventures with participation by Lifecore Partners, Ncore Ventures, Xolon Invest, Ctk Investments, Ray Co. Ltd., Seegene Medical Foundation, Labgenomics Co. Ltd. and Timefolio Asset Management. Rebus builds spatial omics tools, assays and platforms. The company plans to use the new funding to support commercialization of its spatial omics solution and expansion of its marketing, sales, research, and product development teams, said Rebus CEO Paul Sargeant. Rebus plans to launch its automated, standalone Rebus Biosystems instrument and optimized assay kits for spatial transcriptomics early in 2021. Read More
Illustration of doctor using surgical robot on patient

J&J sees ‘tremendous opportunity’ in robotics as it unveils Ottava details

Johnson & Johnson (J&J) said it will deliver its differentiated value propositions for patients Thursday as it provided details on its Ottava platform during its Virtual Medical Devices Update. Analysts appear to have left the meeting with a good impression. “We came away impressed with JNJ's digital surgery vision & holistic approach,” wrote Cowen’s Josh Jennings. Read More
Product image

Eargo reports $18.2M in third quarter revenue

Eargo Inc., a medical device company specializing in hearing aids, reported $18.2 million in third quarter revenue, driven by sales of the company’s Neo Hifi hearing aid system and a decrease in the sales return accrual rate. Revenue was up 135% over the third quarter of 2019. Read More
Flag of Australia, sky background

TGA pushes back some device reforms but moves ahead with SaMD and UDI updates

PERTH, Australia – It was already going to be a busy year for Australia’s Therapeutic Goods Administration (TGA) as it planned to implement the final wave of device reforms in 2020 before the COVID-19 pandemic hit. The delay to the EU Medical Device Regulation (MDR) as a result of the pandemic will mean that Australia will also push back many of its device reforms for another year, said John Skerritt, the TGA’s deputy secretary of the Health Products Regulation Group. Read More

MDMA’s Leahey says FDA safety communication practices with industry in need of a tweak

The U.S. FDA’s device center is re-examining its approach to public safety communication, but Mark Leahey of the Medical Device Manufacturers Association said on a recent webinar that the FDA sometimes goes silent after an initial consultation with device makers about a safety signal. Read More

ITC kicks complaint by Align Technologies

The latest global regulatory news, changes and updates affecting medical devices and technologies, including: J&J subsidiary agrees to settle off-label promotion allegations; FDA says ‘vulnerabilities persist’ in limited CDS programs. Read More

Appointments and advancements for Nov. 20, 2020

New hires and promotions in the med-tech industry, including: Aditx Therapeutics, Conformal Medical. Read More

In the clinic for Nov. 20, 2020

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Biocept. Read More

Med-tech gainers and losers for Nov. 16-20, 2020

The top 10 med-tech stock gainers and losers for the week. Read More

Other news to note for Nov. 20, 2020

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Aspira Women’s Health, Butterfly Network, Crh Medical, Dermtech, GE Healthcare, Ganymed Robotics, Healthverity, Interpace Biosciences, Intraop Medical, Invitae, Kaiser Permanente, Longview, Medidata, Neurodigitx, Ortho Clinical Diagnostics, Pathofinder, Prismatic Sensors, Progenity, Proscia, Spacelabs Healthcare, Vivos. Read More

Regulatory actions for Nov. 20, 2020

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Armis Biopharma, Hologic, Penumbra, Pixium, Think Surgical. Read More

BioWorld MedTech’s Neurology Extra for Nov. 20, 2020

Keeping you up to date on recent developments in neurology, including: Wireless chip developed to improve brain research; Diabetes increases damage around amyloid plaques in Alzheimer’s; Smartphone keystrokes show promise in monitoring progression of MS. Read More

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