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BioWorld - Thursday, March 26, 2026
Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Aug. 29, 2023

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Surgeons using  image guided therapy system

Theken acquires Cleveland Clinic spinout Visionair Solutions

Theken Companies LLC reported the acquisition of Visionair Solutions Inc. from the Cleveland Clinic, a deal that adds pulmonary therapy to its broad portfolio with Visionair’s 3D platform for the creation of silicon stents for central airway obstructions (CAOs). Terms of the transaction, which has officially closed, were not disclosed.

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Babson Diagnostics is making reimagined blood testing a reality

Babson Diagnostics Inc. has line of sight for the commercial launch of its Betterway blood testing ecosystem, which is a less invasive way of taking blood and requires only one-tenth of the sample volume of venipuncture without sacrificing quality or accuracy. The company said that once the collection device developed in partnership with Becton Dickinson & Co. (BD) is cleared by the U.S. FDA, Betterway will be launched in Texas, where it already has established partnerships with retailers and where its commercial lab is up and running. In addition, Babson has fully validated a broad set of miniaturized assays that are ready for commercial processing in its CLIA-certified, CAP accredited laboratory.

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India map on technology concept background

India takes steps to separate device and drug regulations

India is taking steps to separate how it regulates medical devices and pharmaceuticals, as it works to reduce its dependency on imports of devices and turn itself into a global hub for med-tech innovation and manufacturing. Read More
Stimlabs Relese

Stimlabs’ allograft enables wound drainage and protection

Stimlabs LLC has taken a new view of wound healing by developing a fenestrated dehydrated complete human placental membrane allograft for chronic and acute wounds. The fenestration in the Release product allows fluids to drain away from the wound, promoting faster healing, while the tissue provides protection. Read More
AI-generated art of brain connections

Brain computer interfaces rapidly evolving for use in paralysis patients

Two papers published in Nature on Aug. 23, 2023, describe brain computer interfaces (BCI) with unprecedented capabilities for decoding brain activity into sentences, translating at speeds around half that of normal speech, and with vocabularies exceeding 1,000 words. Read More

Appointments and advancements for Aug. 29, 2023

New hires and promotions in the med-tech industry, including: Aspen Medical Products, Co-Diagnostics, Elligo Health Research, GT Medical Technologies, Invitae. Read More

Financings for Aug. 29, 2023

Med-tech firms raising money in public or private financings, including: Intuition Robotics, Nevia Bio, Radiaction Medical. Read More

In the clinic for Aug. 29, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Neuraxis, Seastar Medical. Read More

Other news to note for Aug. 29, 2023

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: CLS, Day Zero, Empyrean, Focalyx, Haemonetics, Innovimed, Inspira, Magcorp, Mainstay Medical, Marrow Access Technologies, Metox, Spartan Medical. Read More

Regulatory actions for Aug. 29, 2023

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

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