Virtual Incision Corp. raised $46 million in a series C funding round to support commercialization of its miniaturized in vivo robotic assistant (MIRA) for laparoscopic surgery. The first member of the company’s family of mini-robots in development targets colon surgery. Others in the pipeline will address hernia repair, gallbladder removal, sleeve gastrectomy, hysterectomy and other surgeries with specialized ranges of motion and tools. Read More
While the FDA’s reaction to the results of the Nov. 30 advisory hearing for the COVID-19 therapy molnupiravir is difficult to predict, demand for rapid antigen tests may jump considerably when this or any such product is approved. That increased demand could crunch supplies of these tests due to the convergence of any such approvals, the upcoming holiday season, and the 2021-22 flu season, a convergence that could hamper efforts to roll out these new therapies. Read More
GE Healthcare Ltd. is expanding its cancer technology capabilities through new alliances with artificial intelligence (AI) companies and researchers. The company said it is teaming up with U.K.-based Optellum Ltd. to advance lung cancer diagnostics, as well as collaborating with the University of Cambridge to develop an AI application that integrates cancer patient data from multiple sources into a single interface. Read More
PERTH, Australia – Medtech newcomer Artrya Ltd. listed on the Australian Securities Exchange (ASX) in an AU$40 million (US$28.6 million) initial public offering to commercialize its software that analyzes heart computed tomography (CT) scans via artificial intelligence (AI) to better diagnose coronary artery disease. Read More
The U.S. SEC released guidance Nov. 29 that could impact how drug and medical device companies shape, and report, their executive compensation packages when it comes to "spring-loaded awards.” Read More
New hires and promotions in the med-tech industry, including: 23andme, Icecure Medical, Immunovia, Inflammatix, Informed DNA, Inspira Technologies, Oncohost. Read More
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Artio Medical, Dia Imaging, Nevro, Relievant Medsystems, Quit Genius. Read More
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Arterys, Astrazeneca, Copado, Genetron, Happify, Icad, Igenomix, Vitrolife. Read More
Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Acurable, AMF Medical, Corsano Health, Enlitic, Esaote, Immunexpress, Iterative Scopes, Sprintray. Read More
