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Home » Authors » Annette Boyle

Articles by Annette Boyle

Blocks with gears, lightbulb, target, magnifying glass

EY Pulse: Strong recovery for med tech in 2021

Sep. 27, 2021
By Annette Boyle
Ernst and Young’s (EY) annual Pulse of the Industry report released today provided proof of med tech’s strong rebound from the disruption of the pandemic. Research and development investment soared, deal activity hit new highs, venture capital poured $9.1 billion into the sector, IPOs doubled, and more than 9 out of 10 of commercial leaders reported increased revenues.
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Woman using smartphone

Woebot significantly reduces substance use during the pandemic

Sep. 24, 2021
By Annette Boyle
Reports of increased alcohol use began early in the pandemic and, with many counseling services and physicians’ offices closed or more difficult to access, therapists worried that an increasing number of patients with substance use disorders would be unable to find effective treatment. In that gloomy setting, San Francisco-based Woebot Labs Inc. reported cheering news in the October issue of Drug and Alcohol Dependence.
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Moleculight i:X device

Moleculight receives FDA clearance for detection of P. aeruginosa

Sep. 23, 2021
By Annette Boyle
Clinicians may soon be able to identify wounds likely to have difficulty healing before they deteriorate thanks to the FDA’s 510(k) clearance for Moleculight Inc.’s i:X imaging device for detection of wounds containing high levels of Pseudomonas aeruginosa (PA). The point-of-care i:X visualizes fluorescence, with wounds containing elevated levels of PA glowing cyan.
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Woman using Paige software on tablet

Paige receives FDA de novo authorization for AI product for prostate cancer detection

Sep. 22, 2021
By Annette Boyle
The FDA granted de novo marketing authorization for Paige Prostate, artificial intelligence (AI)-driven software that improves detection of prostate cancer. The clinical study submitted to the FDA demonstrated that using Paige Prostate resulted in a 7% improvement in sensitivity in correctly diagnosing cancer, increasing from 89.5% to 96.8%.
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3D illustration of Wolf device in use

Boston Scientific buying Devoro Medical for $269M, continuing its acquisition spree

Sep. 21, 2021
By Annette Boyle
Boston Scientific Corp. grabbed the remaining shares of Devoro Medical Inc. and its Wolf thrombectomy platform in a transaction valued at $269 million. Freemont, Calif.-based Devoro stands to gain an additional $67 million if the company achieves undisclosed clinical and regulatory milestones. Boston Scientific began investing in Devoro in 2019 and currently holds 16% of Devoro. The deal, the Marlborough, Mass.-based company’s fourth major transaction since the start of the second quarter, is expected to close by the end of the year. It follows the acquisitions of Preventice Solutions Inc., of Rochester, Minn., for $1.225 billion in April, which added to the company’s cardiac wearables, and Menlo Park, Calif.-based Farapulse Inc. for $295 million in June, to build out its cardiac ablation position. Boston Scientific purchased Yokneam, Israel-based Lumenis Ltd. for $1.07 billion, in a transaction that just closed three weeks ago.
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Proteomics platform in lab

Oncohost platform predicts response to lung cancer therapy

Sep. 20, 2021
By Annette Boyle
Prophet, Oncohost Ltd.’s artificial intelligence-driven proteomics profiling platform, predicted response to immune checkpoint inhibitor (ICI) therapy in non-small-cell lung carcinoma (NSCLC) patients in a study presented at the European Society for Medical Oncology Virtual Congress 2021. While ICI can generate a significant positive response in some patients with advanced NSCLC, in others the therapy promotes tumor growth, making identification of likely responders prior to treatment critical.
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Omni device diagram

Ivantis sees more legal fees in its future with Sight Sciences suit following settlement with Glaukos

Sep. 17, 2021
By Annette Boyle
Sight Sciences Inc. may have visions of a substantial settlement following Ivantis Inc.’s $60 million settlement with Glaukos Corp. this week or the Menlo Park, Calif.-based company may have its sights set on knocking a competitor out of the market entirely. Both are possible outcomes of the suit Sight Sciences announced this morning that alleges infringement of four of its patents by Ivantis for its Hydrus Microstent. Sight Sciences makes the Omni surgical system, which competes with the Hydrus and the Glaukos Istent in the minimally invasive glaucoma surgery (MIGS) space.
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Illustration of brain connections

Rune Labs’ $22.8M in series A financing symbolizes confidence in its brain data platform

Sep. 17, 2021
By Annette Boyle
Rune Labs Inc. is on a mission to make the mysteries of the brain easier to read for both clinicians and biopharma companies. Having a fresh $22.8 million in a series A financing on the books will no doubt make the goal easier to reach.
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Illustration of brain connections

Rune Labs’ $22.8M in series A financing symbolizes confidence in its brain data platform

Sep. 16, 2021
By Annette Boyle
Rune Labs Inc. is on a mission to make the mysteries of the brain easier to read for both clinicians and biopharma companies. Having a fresh $22.8 million in a series A financing on the books will no doubt make the goal easier to reach. The new round pushed total funding for development of the San Francisco-based company’s brain data software platform to $30.1 million.
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Patent gears

Eyes have it as Ivantis settles patent infringement suit with Glaukos for $60M plus royalties

Sep. 15, 2021
By Annette Boyle
After three years of litigation and nearly a decade of skirmishes, Ivantis Inc. settled with Glaukos Corp. for $60 million to be paid in two installments, with the first $30 million due by Dec. 31, 2021, and the second $30 million by Dec. 31, 2022. In addition, Irvine, Calif.-based Ivantis will pay Glaukos a 10% royalty through April 26, 2025, on sales of Ivantis’ Hydrus Microstent in the U.S. or international sales supplied out of the U.S. With just two weeks to go until their scheduled court date of Sept. 28, the companies finally saw eye-to-eye, reaching a cross-licensing agreement and hammering out a covenant to refrain from future litigation regarding the technologies involved in the Hydrus or Glaukos’s Istent, both used to treat glaucoma.
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