The US Food and Drug Administration (FDA) has issued a final order to...
FDA reclassifies medical image analysers as class II devices
The US Food and Drug Administration (FDA) has issued a final order to reclassify select radiological medical image analysers, including computer-assisted detection (CADe) devices, from class III to class II devices.
BioProtect closes Series D equity financing at $13m
Bioabsorbable polymer spacer balloon company BioProtect has announced the initial closing of its Series D equity financing round at $13m.
Unwrapping the FDA’s voluntary programme for medical devices
The US FDA is introducing a voluntary program for certain medical devices and device-led combination products that could improve the safety of currently available treatments. Medical Technology takes a look at the draft legislation to see how the change will impact medical device manufacturers.
US Senate permanently repeals medical device excise tax
The US Senate has passed bipartisan legislation to permanently repeal the 2.3% medical device excise tax.
Truffle Capital raises €250m for medical venture fund
Major European venture capital fund Truffle Capital has closed two new institutional funds, BioMedTech and Fintech-Insurtech, having successfully raised €390m from international institutional investors.
Money on the mind: the biggest medtech deals stories of 2019
Medtech has seen some major funding rounds, mergers and acquisitions in 2019. Chloe Kent rounds up some of the most influential digital health deals of 2019.
3M to divest drug delivery business to Altaris Capital in $650m deal
US-based conglomerate 3M has finalised a deal to divest its drug delivery business for approximately $650m to an affiliate of investment firm Altaris Capital Partners.
Futura’s DermaSys could enter market as medical device
Pharmaceutical company Futura Medical may be able to process its DermaSys technology through a medical devices regulatory path, following surprising results from the phase III clinical trial of its erectile dysfunction (ED) gel MED2005.
Conservative win best for UK medtech, finds Verdict poll
A win for the Conservative party in Thursday’s general election would be the most promising outcome for the UK’s medtech industry, according to a poll of Verdict Medical Devices readers.
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