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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Oct. 28, 2021

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Hinge Health participant at home using wearable shoulder sensors, mobile app

Hinge gets a leg up with $600M investment in digital musculoskeletal solution

Digital musculoskeletal health company Hinge Health Inc. kicked its fundraising into high gear this year, reporting $400 million in a series E round and $200 million in a secondary investment today. It closed a $300 million series D just last January. The San Francisco-based company has now raised more than $1 billion and achieved a valuation in excess of $6.2 billion. Returning investors Tiger Global and Coatue Management led the series E, while new investors Alkeon and Whale Rock took a stake in the company with their $200 million. Investors in the series D and previous rounds included Atomico, Insight Partners, Quadrille, 11.2 Capital, Lead Edge Capital, Bessemer Venture Partners and Heuristic Capital. Read More
breast implants plastic surgery

FDA adds boxed warning requirement for breast implants

The FDA has undertaken several new actions in connection with breast implants, including a new restriction on distribution to implant centers that review a pre-implant checklist with patients receiving implants. However, the agency has also mandated that manufacturers add a black-box warning of potential adverse events, such as the risk of developing anaplastic large cell lymphoma (ALCL). Read More
3D-head-brain-cancer

Zap Surgical introduces brain tumor treatment to France

Zap Surgical Systems Inc. is debuting its noninvasive brain tumor treatment to the European market through an agreement with Centre de Cancérologie de la Porte de Saint-Cloud (CCPSC). The Boulogne-based center, which is part of the American Hospital of Paris, said it expects patients to access the treatment by Fall 2022. Read More

Trump-era SUNSET Rule may be eclipsed

The U.S. Department of Health and Human Services is proposing to withdraw or repeal a Trump-era rule imposing expiration dates on most of the rules implemented by the department and its agencies, including the FDA. Read More
Capitol.png

Negotiations, dental and vision care missing in action in US budget framework

In an effort to advance a fiscal 2022 spending package through a divided Congress, U.S. President Joe Biden released the framework for his Build Back Better agenda Oct. 28 – minus provisions that would allow Medicare to directly negotiate at least some prescription drug prices. Read More
Tibia, fibula, femor and knee illustration

Novadip raises $22M in series B funding for US trial of bone regeneration therapy

DUBLIN – Novadip SA raised €19 million (US$22.1 million) in a first close of a series B round to progress its autologous bone regeneration therapy, NVD-003, on either side of the Atlantic. The company is also working on an allogeneic regenerative approach, which is still preclinical. Read More
Image of the next-generation Cellvizio platform

Mauna Kea begins marketing its new generation of real-time in vivo cell imaging technology in US and Europe

PARIS – Mauna Kea Technologies SA reported the commercial launch of a new generation of its in vivo cellular imaging for diagnostics in gastroenterology. At the same time, the company is deploying its new needle-based and miniprobe-based multidisciplinary confocal laser endomicroscopy platform in the U.S., as well as in France, Germany and Italy. Read More

Appointments and advancements for Oct. 28, 2021

New hires and promotions in the med-tech industry, including: Biolabs, Bionik, Integra, Lumicks, Temedica. Read More

Financings for Oct. 28, 2021

Med-tech firms raising money in public or private financings, including: Mdxhealth, Medsphere, Phrase Health, Sphere Fluidics, Tilak. Read More

In the clinic for Oct. 28, 2021

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

Other news to note for Oct. 28, 2021

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: 3D Systems, 3H Medi Solution, Aktana, BD, Bioventus, Castle Biosciences, Densitas, Foundation Medicine, Fujirebio Europe, H.U. Group Holdings, Hearing Assist II, Ion Beam Applications, Innerscope Hearing Technologies, Intersect ENT, Medical Guardian, Medscope America, Misonix, Ople, Physiq, Science 37, Trad Tests & Radiations, Volumetric, X-Chem. Read More

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