Earlens closes $118m in mixed debt and equity round

05 June 2017

Earlens said today it closed a total of $118 million in funding, with $73 million coming from an offering of Series C preferred stock and $45 from a structured debt facility with CRG LP. The Earlens device, which won 510(k) clearance from the FDA in October 2015, uses a laser diode attached to a behind-the-ear […]

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Bicycle Therapeutics Closes £40 Million ($52 Million) In Series B Financing To Advance Clinical Pipeline

01 June 2017

Bicycle Therapeutics, a biotechnology company pioneering a new class of therapeutics based on its proprietary bicyclic peptide (Bicycle®) product platform, today announced the successful completion of a £40 million Series B financing round. Proceeds will be used to further the development of multiple drug candidates, including Bicycle’s lead molecule, BT1718, a first-in-class drug for cancers […]

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Moximed Closes Oversubscribed $50MM Financing Round

16 March 2017

Moximed®, Inc., developer of unicompartmental load absorber implants for active patients with painful knee osteoarthritis (OA), announced today an oversubscribed Series C round of $50MM with new investors Advent Life Sciences and Future Fund joining existing investors NEA, Morgenthaler Ventures, Gilde Healthcare, GBS Venture Partners, and Vertex Healthcare. As part of the financing, Shahzad Malik, […]

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Ivantis Raises $25 Million Series C to Fund Future US Commercialization of the Hydrus™ Microstent for Minimally Invasive Glaucoma Surgery (MIGS)

09 January 2017

Ivantis Inc., developer of the novel Hydrus™ Microstent device designed to lower eye pressure for glaucoma patients, announced today that it closed a $25 million Series C financing. The round was led by new investor RA Capital Management, and included new investor Mérieux Développement, as well as existing investors. The funds will extend Ivantis’ runway […]

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Surround sound technology treating high blood pressure

21 January 2016

High blood pressure is to be treated with a new surround sound system which sends ultrasound waves to the kidneys. The technique being trialled at Southampton General Hospital, called renal denervation, uses novel technology known as the Surround Sound Hypertension Therapy System to provide an alternative treatment for patients who have been unable to control […]

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Moximed Announces CE Mark and First Commercial Use of Atlas Knee System

18 November 2015

Moximed Announces CE Mark and First Commercial Use of AtlasTM Knee System Shock absorber for the knee designed to treat patients with medial knee osteoarthritis (OA) November 18, 2015 07:00 AM Eastern Standard Time HAYWARD, Calif.–(BUSINESS WIRE)–Moximed®, Inc. announced the CE Mark of the Atlas Knee System, its next-generation knee joint unloader for pre-arthroplasty patients. Coinciding […]

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Moximed Named One of the “Fierce 15” Medical Devices 2015

14 October 2015

The scoop: Moximed is shooting to change the standard of care for patients with knee osteoarthritis (OA) with its KineSpring Knee Implant System. Normally, patients with OA try to get by with pain medication and knee braces before opting for joint-altering surgery. Moximed’s product targets patients with mild and moderate knee OA whose pain is […]

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Medtronic to Acquire Twelve, Inc., Developer of Transcatheter Mitral Valve Replacement Device

25 August 2015

DUBLIN – August 25, 2015 – In support of the company’s therapy innovation strategy, Medtronic plc (NYSE: MDT) today announced that it has signed a definitive agreement to acquire Twelve, Inc. (“Twelve”), a privately-held medical device company based in Redwood City, Calif., focused on the development of a transcatheter mitral valve replacement(TMVR) device. Twelve is the twelfth […]

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Moximed Closes $33MM Financing Round

07 May 2015

Funding to Support Moximed’s Efforts to Obtain FDA Approval of KineSpring System HAYWARD, Calif.–(BUSINESS WIRE)–Moximed®, Inc., developer of the KineSpring® System, a joint unloading knee implant for pre-arthroplasty patients who hope to lead an active lifestyle, announced a round of financing of approximately $33MM that includes new investor Vertex Venture Holdings Ltd. (Vertex) and returning […]

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Holaira Named FierceMedicalDevices’ 2014 Fierce 15

01 October 2014

The scoop: Drug options for chronic obstructive pulmonary disease (COPD) are only modestly effective. Holaira is betting that its lung denervation device can improve COPD treatment, either as a replacement for drugs or in addition to them. COPD is characterized by persistent airflow limitation caused by progressive narrowing of the airways. This leads to shortness […]

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