Noted with increasing frequency of late are the healthcare implications of the aging baby boomer generation. Everything from Medicare costs to drug development direction will be affected by this trend, and our own clients in the medical devices space are practically giddy with anticipation. Indeed, the device market is expected to double within [...]
Late last week, a little company in Newport, R.I. made a big announcement; namely, that it had nabbed $11.6 million in a Series A funding round for its snake robot technology for minimally-invasive surgical procedures. Given the severely sluggish VC market and what feels like a dearth of new deals the past two quarters, this [...]
Waltham, MA-based medical device company Augmenix has allegedly sealed up $4.7 million of a planned $7.5 million round of funding this week, according to Mass High Tech. The company, while still rather under the radar given its sparse website, sounds promising: begun by serial life sciences entrepreneur Amar Sawhney, it is developing space-filling hydrogels [...]
The Wall Street Journal published an alternative view of the ramifications of the auto industry meltdown today with a look at suppliers diversifying into new markets in the hopes of maintaining revenue. And in some cases, this means medical devices. We’ve had the opportunity to get our hands on a few different research [...]
Really cool news out of the UK today: experts there claim they are on the verge of perfecting a tiny mobile phone microchip to diagnose medical conditions on the spot. According to execs at Orla Protein Technologies and Tokyo-based Japan Radio Company, the diminutive device will read swabs and blood tests and slot into a [...]
One of the latest technologies out of MIT to draw attention popped up last week in EDN, of all places. We read EDN regularly (the pub is important to many of our clients in other practices, after all), but it’s not often we find innovations in the life sciences inside. But this one is truly [...]