NLS MedTech Business

Glycorex Transplantation has agreed a distribution deal with Grupo VIDA for its Glycosorb ABO technology in Brazil, as part of the Swedish medtech company's continued market expansion.

Neola Medical has been granted Breakthrough Device Designation by the US FDA for Neola, its non-invasive lung monitor for preterm babies, designed to give early warning of life-threatening lung collapse.

Bioretec has received FDA 510(k) clearance for ActivaScrew Cannulated COM, a new bioabsorbable compression screw that expands its Activa implant portfolio into the US market.

The company has signed a distribution agreement with Malaysian medical device distributor OneMedik for its Glycosorb ABO product, extending the company's international footprint into a new Southeast Asian market.

Episurf Medical has concluded the strategic review of its medtech operations and will now pursue an orderly wind-down of that business, accelerating its transformation into a pure-play Nordic property company.

Finnish medtech company Nexstim has received an order for its latest-generation NBS 6 navigated brain stimulation system from an existing hospital customer in Europe, as the customer upgrades from an earlier-generation platform.