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Stellartech and Orthomems to design and develop external reader device

Stellartech, a world leader in the design, development and contract manufacture of sophisticated medical systems, and OrthoMEMS, a medical device company focused on biomedical applications of patented MEMS (micro-electro-mechanical systems) and wireless technology from Cleveland Clinic, today announced a strategic alliance that is set to deliver a groundbreaking, commercial reader for wireless communication with a miniature implanted sensor in the spine.

1 Oct 2009

Golden Meditech to raise US$28 million for business developments in China

Golden Meditech Company Limited, a leading hi-tech medical device and healthcare service corporation in China, today announced that its hospital subsidiary - Golden Meditech Hospital Group (GMHG) has entered into an agreement to issue senior 5% redeemable convertible notes due in 2014 with an aggregate principal amount of US$28 million (equivalent to approximately HK$217 million).

1 Oct 2009

Altered state physiology drug development platform to treat an array of human conditions

David H. Fater, CEO of Vicor Technologies, Inc., today announced that on July 23, 2009, the Australian Patent Office issued it a Deed of Letters Patent for its altered state physiology drug development platform. Vicor Technologies is a biotechnology company focused on the commercialization of innovative, non-invasive medical devices and diagnostics using its patented, proprietary PD2i® nonlinear algorithm and software to stratify patients at risk of sudden cardiac death and trauma victims in need of lifesaving intervention.

1 Oct 2009

Health care TV ads top $100 million

"Medical providers, businesses and other groups battling over a health care overhaul have spent more than $100 million this year on television advertising — an enormous sum that highlights the stakes involved," according to the Campaign Media Analysis Group, The Associated Press/The Boston Globe reports.

1 Oct 2009

Post Baccalaureate Premedical Program to begin in January 2010

Keck Graduate Institute (KGI) has established a Post Baccalaureate Premedical Program (PBPM), scheduled to begin in January 2010, for those with an undergraduate degree in science or engineering who are interested in enhancing their skills before applying to medical school.

30 Sep 2009

Ascent Healthcare Solutions selects TrackWise EQMS software to manage key quality processes

Sparta Systems, Inc., the maker of TrackWise® software and the market leader in enterprise quality and compliance solutions, today announced that Ascent Healthcare Solutions, Inc. a leader in delivering healthcare resource sustainability has selected its TrackWise Enterprise Quality Management System (EQMS) to streamline organizational quality practices and improve compliance with industry regulations.

30 Sep 2009

Sermo launches Sermo Panels for gathering insights from physicians in a private online workspace

Sermo, the largest online community exclusively for physicians, today formally launched Sermo Panels™ - a new on-demand offering enabling businesses to engage with and gather insights from physicians in a private online workspace. Sermo Panels, which tap into Sermo’s active online community of more than 110,000 practicing MDs, generate fresh, actionable MD feedback.

30 Sep 2009

ODT conference to discuss enforcement trends for supply chain compliance in the orthopedic industry

Pilgrim Software, Inc., a world-leading provider of Enterprise Compliance and Quality Management (ECQM) software solutions, today announced that Nikki Willett, vice president of Marketing & Regulatory Affairs for Pilgrim, will address an audience of medical technology innovators at the ODT Conference & Exhibition 2009, October 7, in Fort Wayne, Indiana.

30 Sep 2009

Savvion and Patni partner to deliver BPM-enabled solutions

Savvion® and Patni Life Sciences announced today a strategic partnership to jointly deliver Business Process Management (BPM)-enabled solutions for clinical operations on top of Savvion’s Life Sciences Foundation.

30 Sep 2009

GlobalData's report on the diabetes care device market

MarketResearch.com has announced the addition of GlobalData's new report "Global Diabetes Care Devices Market Analysis and Forecasts to 2015," to their collection of Medical Device market reports.

29 Sep 2009

NovoCure initiates newly-diagnosed GBM clinical trial

NovoCure, Ltd., a privately held medical device company focused on developing the Novo-TTF device, a non-invasive portable medical device for the treatment of cancer, announced the completion of a new funding round today. Key investors in this round included Pfizer Inc, Johnson & Johnson Development Corporation and Index Ventures.

29 Sep 2009

Covidien to acquire Aspect Medical Systems

Covidien (NYSE: COV) and Aspect Medical Systems, Inc. (NASDAQ: ASPM) today announced that Covidien has reached a definitive agreement to acquire Aspect, a global market leader in brain monitoring technology.

28 Sep 2009

UTAS chooses ADI Blackfin processors to ensure high quality patient care

Analog Devices, Inc. (NYSE: ADI) today announced that UTAS, a provider of medical devices for patient monitoring and diagnostics, has selected ADI Blackfin® processors to ensure high-performance digital signal processing operations and robust functionality across its full line of products.

28 Sep 2009

Network in Canada to develop biomaterials for treatment of eye diseases

Researchers in Canada have established a new university/industry network to pursue the development of biomaterials, medical devices and drug delivery systems to treat the increasing incidence of eye disease.

26 Sep 2009

Initial clinical results for Mpathy Medical's Omnisure sling released

Mpathy Medical, a rapidly growing medical device company which has developed and brought to market a range of less invasive surgical solutions used to restore pelvic health to women, released the initial clinical results for its newest product, Omnisure™, a novel full length sling for treatment of female stress urinary incontinence (SUI) at the American Urogynecologic Society’s (AUGS) Annual Meeting.

26 Sep 2009

$4.5 million cost involved for MLSIC set up

The Michigan Economic Development Corp. (MEDC), Ann Arbor SPARK, Greater Wayne Economic Development Corporation and a private foundation have collaborated to create the Michigan Life Science and Innovation Center (MLSIC). MLSIC will connect well-funded, experienced entrepreneurs with business accelerator organizations and start-up life science companies.

25 Sep 2009

Alcon's patent infringement suit against Synergetics USA stayed

Synergetics USA, Inc., a leading medical device company that designs, manufactures, and markets innovative microsurgical instruments and other devices, today announced that the lawsuit filed by Alcon Research, Ltd. against the Company in the Northern District of Texas, Case No. 4-08CV-609-Y has been stayed in its entirety until both of the patents at issue have completed re-examination in the United States Patent and Trademark Office (“PTO”).

25 Sep 2009

FDA provides a conditional approval for Reverse Medical Corporation's ReStore Microcatheter IDE study

Reverse Medical Corporation announced today that it has received US Food and Drug Administration (FDA) conditional approval to begin a neurothrombectomy IDE study for its ReStore™ Microcatheter at twenty US centers. The study is planned to begin enrollment in US and European hospitals following investigating study center Institutional Review Board (IRB) approvals.

25 Sep 2009

PROSPECT clinical trial results announced

Abbott today announced primary results from its groundbreaking PROSPECT (Providing Regional Observations to Study Predictors of Events in the Coronary Tree) clinical trial.

25 Sep 2009

Global Med to market the Spanish verIDhemos transfusion safety system

Global Med Technologies(R), Inc. an international healthcare information technology company, today announced that it has signed a binding letter of intent with verIDentia SL of Macanet De La Selva, Girona, Spain for its verIDhemos transfusion safety system. Terms of the agreement were not disclosed.

24 Sep 2009