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BioWorld - Wednesday, December 17, 2025
Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Jan. 12, 2023

View Archived Issues
Product recall concept image

JAMA article says three recalls for predicate devices drives recalls of follow-on devices

The U.S. FDA’s 510(k) program is yet again under assault, this time from the authors of a Jan. 10 article in the Journal of the American Medical Association (JAMA). The authors’ primary point seems to be that any 510(k) devices that recite a predicate that is the subject of at least three recalls are themselves more likely than average to be the subject of a recall, although there was no discernible association between recall status and technological differences between the predicate and the follow-on devices. Read More

FDA, Health Canada unfurl harmonized premarket submission mechanism

The U.S. FDA and Health Canada announced that they will roll out a pilot program that allows a medical device manufacturer to submit a medical device application to both agencies simultaneously for class II and class III medical devices.  Read More
Global currency

GSR and EY see more rational investment in 2023 and more M&A, thanks to tough 2022

GSR Ventures, a venture firm focused on early stage digital health companies, forecasts a much brighter investment picture for 2023 following a hard reset in 2022, said GSR Partner Sunny Kumar in an interview with BioWorld at the J.P. Morgan Healthcare Conference in San Francisco. Read More
Volta Medical - VX1 AI software

Volta raises $39M to support US rollout of cardiac ablation software for complex arrhythmia

Volta Medical SAS reported raising $39 million in a series B round to roll out its VX1 software mapping system in Europe and the U.S. This artificial intelligence (AI) algorithm is compatible with most readily available multi-polar catheters and technology used in operating rooms and cath labs in the treatment of complex cardiac arrhythmia. Read More
Red wooden approved stamp

FDA gives nod to Lydus Medical's microvascular anastomosis suture device

Lydus Medical Ltd. has obtained marketing approval from the U.S. FDA for its microvascular anastomosis suture deployment device Vesseal. Read More

Appointments and advancements for Jan. 12, 2023

New hires and promotions in the med-tech industry, including: Big Health, Feops, Unlearn, Woebot. Read More

Financings for Jan. 12, 2023

Med-tech firms raising money in public or private financings, including: Myomo, Pneumowave. Read More

In the clinic for Jan. 12, 2023

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

Other news to note for Jan. 12, 2023

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Cardiovascular Systems, Cbr International, Easthorn, Gentuity, Novotech, Paige, Pear. Read More

Regulatory actions for Jan. 12, 2023

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

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