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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Jan. 5, 2023

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Merger-puzzle-pieces-arrow-hands.png

Zimmer Biomet regenerates portfolio with up to $275M Embody acquisition

Zimmer Biomet Holdings Inc. (ZBH) agreed to acquire Embody Inc. for $155 million at closing with an additional $120 million in contingent milestone payments over the next three years. The deal includes Embody’s entire portfolio of collagen-based regenerative solutions for soft tissue injuries. The transaction is expected to close in February. Read More

China reduces tariffs for surgical robots

China has adjusted the tariff lines and rates for 37 medical devices, including surgical robots, in its newly released Import and export tax rules of the PRC (2023). Read More
Gavel and First Amendment

US DOJ slaps Jet Medical and associates with $745k fine for FCA violations

U.S. federal enforcement of the False Claims Act (FCA) violations tends to produce some outsized penalties, but the department isn’t shy about slapping six-figure fines on the smaller inhabitants of the med-tech space. DOJ reported that Schwenksville, Pa.-based Jet Medical Inc. and two affiliated companies will pay more than $745,000 to settle claims that Jet had introduced a nerve block device into interstate commerce without the FDA’s approval, a move that often draws the attention of federal government authorities other than the FDA. Read More

EU achieves first-ever bronchoscopy-guided microwave ablation of lung nodules

A surgical team from the Curie-Montsouris Chest Center in Paris, has successfully performed thermal ablation of a metastatic lung lesion using microwaves via a computer tomography (CT)-guided endobronchial approach. Read More
Reindeer in snow

Path to scarless healing could be among the gifts reindeer bring

Unlike amphibians, mammals do not regenerate appendages. Except when they do. “If you amputate one of the branches off of the antler [of a reindeer], it will also regenerate,” Jeff Biernaskie told BioWorld. Even without amputation, the antlers of both male and female reindeer regenerate annually, including their skin. That regeneration is “the only large mammal model of true skin regeneration,” he said. Read More

Appointments and advancements for Jan. 5, 2023

New hires and promotions in the med-tech industry, including: Angle, GE Healthcare, Intervenn Biosciences, Jenavalve, Kytopen, Milestone Scientific, Tactile Medical, Virica. Read More

Financings for Jan. 5, 2023

Med-tech firms raising money in public or private financings, including: Cardiac Dimensions, Claria Medical, Onc.AI, Organon & Co., Perspectum, Volta Medical. Read More

In the clinic for Jan. 5, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Akili, Masimo, Nalu Medical. Read More

Other news to note for Jan. 5, 2023

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Akili, Biological Dynamics, Cardiovascular Systems, Exokeryx, Genomic Vision, Invo Bioscience Inc., Ming Mei Technology, Myriad Genetics, Neurologica, Orthofix, Seaspine. Read More

Regulatory actions for Jan. 5, 2023

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Foundation Medicine, Liberdi, Precision Biologic, Pristine Surgical, Vivos Therapeutics. Read More

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