MedTech Business - August 21, 2024
AlgoDx receives FDA clearance
AlgoDx has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its sepsis detection software using an algorithm, NAVOY CDS. This milestone marks a major step forward in AlgoDx’s expansion into the U.S. market, states the company. NAVOY CDS NAVOY CDS is a software as a medical device (SaMD) designed to support […]
Agreement - July 1, 2024
SciBase partner with a large health care group in Los Angeles
SciBase Holding continues to expand in California with a collaboration agreement with Unified Health. Unified Health has nine clinics in Southern California. “At Unified Health, we believe in providing our patients with exceptional medical care and access to the most advance medical technology. Our experienced team of providers are committed to delivering the highest quality […]
Financing - June 19, 2024
Medfield Diagnostics files for bankruptcy
The Board of Directors of Medfield Diagnostics has decided to apply to declare the company bankrupt. The bankruptcy application was filed June 18, 2024, with the Gothenburg District Court and it has approved the file for bankruptcy of Medfield Diagnostics. The reason for the bankruptcy filing is that, despite intensive work in 2024, Medfield has not […]
Biotech Business - May 15, 2024
ArgusEye secures EUR 2.8 million
The funding round was led by Voima Ventures, with co-leadership from existing investor Eir Ventures, bringing the total raised by the company to EUR 3.45 million EUR. This funding will bolster the ongoing development of ArgusEye’s sensor platform, Auga, aimed at accelerating the bioprocessing workflow from early upstream to late formulation stages. Lene Gerlach, Partner […]
MedTech Business - May 7, 2024
Sectra and Leica Biosystems receives first-in-the-world FDA clearance
Sectra’s digital pathology solution together with Leica Biosystems, Imaging, Inc.’s Aperio GT 450 DX have received a 510(k) clearance by the FDA. This is the first time an FDA clearance within digital pathology allows the use of DICOM images for pathology diagnostics, which marks a significant step towards standardization in this field, the companies state. […]
Acquisition - April 15, 2024
Mölnlycke acquires wound cleansing manufacturer
Mölnlycke Health Care has signed an agreement to acquire P.G.F. Industry Solutions, the Austrian manufacturer of Granudacyn, a range of solutions for wound cleansing and moisturizing. Mölnlycke and P.G.F. have worked together for five years on the manufacturing and distribution of Granudacyn, a range of solution and gel products intended for use in the cleansing, […]
