Tel Aviv-based Alpha Tau Medical Ltd. raised $26 million in a series B financing. The round was led by previous investors, Savit Capital, Medison Ventures, and Ourcrowd, as well as new private and family office investors hailing from North America and Israel. The new funds will be used to continue trials of the company's Alpha DaRT (Diffusing Alpha Radiation Emitters Therapy) alpha-radiation cancer therapy for solid tumors and expand manufacturing facilities. Read More
LONDON – Base Genomics Ltd. has raised $11 million in an oversubscribed seed round to commercialize a new liquid biopsy technology for detecting DNA methylation, invented in the U.K. at the Ludwig Institute for Cancer Research at Oxford University. Read More
HONG KONG – Israel-based Vayyar Imaging Ltd. and Hong Kong-based Meditemi Co. Ltd. have teamed up to create a more intelligent care robot that provides a range of remote monitoring capabilities, including early detection of COVID-19 symptoms. Read More
Brisbane, Calif.-based Caredx Inc., which is aiming to transplant patient outcomes, saw the presentation of a host of data at the recent American Transplant Congress annual meeting. Read More
The U.S. FDA’s Accreditation Scheme for Conformity Assessment program (ASCA) seems to promise a much less burdensome approach to device performance testing, but several stakeholders have made the case that as written, the draft guidance for the ASCA pilot does little more than create another layer of review of device testing, thus defeating the point of making more extensive use of testing labs. Read More
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: American Association for Clinical Chemistry, Avita Medical, Extherid Biosciences, Insulet, Mednax, Perfectus Biomed. Read More
Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Abiomed, Medtronic, Opti Medical Systems. Read More
Keeping you up to date on recent developments in neurology, including: Wearable brain scanner technology expanded for whole head imaging; New biomarker assay demonstrates improved detection for Alzheimer's; Protecting the brain from a nasal virus infection; App promises to improve pain management in dementia patients. Read More