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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

March 12, 2021

View Archived Issues
Arrows opposite directions

Cardinal Health sells off Cordis business for $1B

Less than six years after acquiring Cordis Corp. from Johnson & Johnson, Cardinal Health Inc. is selling the troubled cardiovascular device manufacturer to private equity firm Hellman & Friedman LLC for roughly $1 billion. Shares of the medical products and drugs distributor (NYSE:CAH) were up 2.93% to $57.35 at close on Friday. Read More
Device image

Biosig’s bioelectronics subsidiary receives patent for treatment of hypertension

Neuroclear Technologies Inc., a subsidiary of Biosig Technologies Inc. formed to focus on the emerging field of bioelectronics, was allowed a utility patent by the U.S. Patent Office that the company exclusively licensed from Mayo Foundation for Medical Education and Research. Neuroclear aims to use neurostimulation technology to develop novel solutions to challenging physiological and neurological disorders. The company's first target and the focus of the patent is treatment of hypertension via electroporation of renal nerves. Read More
Regulatory-US-FDA-HQ.png

Compliance sticker shock may await EUA holders new to device space

Most of the med-tech companies doing business during the COVID-19 pandemic are experienced and already have their FDA compliance systems in place. However, Dennis Gucciardo, a partner at the D.C. office of Morgan, Lewis & Bockius LLP, told BioWorld that while the FDA will give industry sufficient time to transition their emergency use authorizations (EUAs) to conventional premarket filings, the cost of setting up a quality management system may be greater than some current EUA holders are willing to bear. Read More
Map of Europe, France filled in with French flag

French health care companies have doubled sales revenues in five years

According to the latest annual overview published by trade association France Biotech, French med-tech, biotech, and e-health companies have adapted rapidly to the COVID-19 pandemic. Many French health care companies have faced real difficulties in all areas of procurement, R&D, and sales. As of February, a quarter of these French companies were redirecting their research activity towards the coronavirus. Read More
Doctor oversees patient with Corvista system

Heartened by rapid cardiovascular test, investors pump another $65M into Corvista

Corvista Health Inc., a subsidiary of Toronto-based Analytics for Life Inc., reported closing on $65 million in series C equity financing, bringing total cash raised for a new cardiac diagnostics device to nearly $100 million. The Corvista system is described as noninvasive, point-of-care diagnostic system for coronary artery and other cardiovascular diseases. Read More

Appointments and advancements for March 12, 2021

New hires and promotions in the med-tech industry, including: Caredx, Intersect ENT, Komodo, Neuronetics, Paragonix Technologies, Sientra. Read More

Financings for March 12, 2021

Med-tech firms raising money in public or private financings, including: Invacare, Prometheus Biosciences. Read More

In the clinic for March 12, 2021

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Advanced Oncotherapy, Kerecis, Retia Medical. Read More

Med-tech gainers and losers for March 8-12, 2021

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

Other news to note for March 12, 2021

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Aino Health, Bps Bioscience, Wihuri Oy. Read More

Regulatory actions for March 12, 2021

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Baxter. Read More

Regulatory front for March 12, 2021

The latest global regulatory news, changes and updates affecting medical devices and technologies, including: FDA announces recall of infusion sets; Recall announced for Roche testing systems; NIH announces technique for improved photoreceptor imaging. Read More

BioWorld MedTech’s Neurology Extra for March 12, 2021

Keeping you up to date on recent developments in neurology, including: Study finds graphene nanoparticles have positive influence on neurons; Packaging CRISPR/Cas9 components with nano-micelles enables brain genome editing; Five-year trends of Medicare payments for neurology drugs reported; Macrophages dampen neuropathic pain. Read More

BioWorld MedTech Patent Highlights: Week 9

BioWorld MedTech presents Patent Highlights, an excerpt of the most important med-tech patents from this week's Cortellis Patents Gazette. Read More

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