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BioWorld - Sunday, March 29, 2026
Home » Newsletters » BioWorld MedTech

BioWorld MedTech

Feb. 11, 2025

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dollar sign dropper

Court orders full stop to US NIH slashing of indirect rates

The immediate implementation of the U.S. NIH’s guidance to cut indirect costs included in its grants to 15% was quickly halted late Feb. 10 when a federal district judge granted a nationwide temporary restraining order in two separate challenges to the cuts that were to go into effect that day on all existing and new NIH grants. Read More

Indirect costs of NIH grants

In fiscal 2023, the NIH spent more than $35 billion on nearly 50,000 competitive grants to more than 300,000 researchers at more than 2,500 universities, medical schools and other research institutions across the nation. Of this funding, the NIH said about $26 billion was spent on direct research costs, while $9 billion was allocated to help cover “facilities and administration” through the agency’s indirect cost rate. Read More
Kestra

Kestra files for $100M IPO

Be (not too) still my heart: Kestra Medical Technologies Ltd., maker of a wearable cardioverter defibrillator for patients at high risk of cardiac arrest, filed an S-1 with the U.S. SEC on Feb. 9 to raise $100 million in an IPO. Kestra will be the fourth med-tech company to file for an IPO in 2025, setting a pace well ahead of the last three years. U.s.car Read More
DBS for stroke

Newronika gets IDE from the FDA for adaptive DBS trial

Newronika SpA's AlphaDBS recently secured an investigational device exemption from the U.S. FDA allowing it to begin a pivotal trial to evaluate the safety and efficacy of its adaptive deep brain stimulation system in patients with movement disorders, including Parkinson's disease. Read More
AI-digital-health.png

European Commission provides guidance for AI Act

The European Commission issued a set of guidelines for the use of AI as a supplement to the EU’s Artificial Intelligence Act, a document of which chatbot developers will want to take note. Read More
europe-uk-flag-map.png

NICE to revisit its cost savings approach to health tech assessment

The U.K.’s National Institute for Health and Care Excellence (NICE) historically relies on cost savings to vet novel medical technologies, but that may soon change per a Feb. 7 announcement. Read More
Businessman signing documents

Over $2B in private rounds in January propels new year med-tech funding

Med-tech companies secured $2.76 billion across financings 56 transactions in January 2025, up from $1.72 billion in December and $919.99 million in November. Read More
BW-PFA-report-5Feb

New report offers insight on pulsed field ablation

With the first company in the world announcing more than $1 billion in annual revenue from pulsed field ablation on Feb. 5, Clarivate plc and BioWorld MedTech’s latest report provides well-timed insight into the stunning growth and bright future of this new medical technology for the treatment of atrial fibrillation. Read More

Appointments and advancements for February 11, 2025

New hires and promotions in the med-tech industry, including: 3Daughters, Covarsa Dx, Cytokinetics, LRS Healthcare, Solera, Stryker. Read More

Financings for February 11, 2025

Med-tech firms raising money in public or private financings, including: Coral, Cormedic, Harrison.ai, Gravity Diagnostics, Hyperfine, Levee Medical, Teclens, United Theranostics. Read More

In the clinic for February 11, 2025

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

Other news to note for February 11, 2025

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Agendia, Airs Medical, Beigene, Beone, Bostongene, Brainbox Solutions, Cellview Imaging, Charles River, Deciphex, Essilorluxottica, Firefly, Incepto, Life Link III, Molecular Instruments, Nvidia, Oragenics, Pathai, Playback Health. Read More

Regulatory actions for February 11, 2025

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

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