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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

July 17, 2020

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Berkeley Lights flies high with $178M IPO, while Renalytix AI raises $74M

Med-tech IPOs continue to make it out onto a strong stock market, even as global economic uncertainty prevails amidst the unfolding pandemic. Single-cell biology research company Berkeley Lights Inc. priced an upsized IPO to raise $178.2 million to back its tools that are used to help develop antibody therapeutics, cell therapies and, more broadly, synthetic biology products. Read More
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Digital health funding hits new high with $6.3B in H1 2020

Digital health bucked uncertainties around the COVID-19 pandemic, reeling in $6.3 billion in funding in the first half of 2020, according to a new report from Mercom Capital Group. The record-setting, global haul was 24% higher than last year’s first-half raise of $5.1 billion. Read More
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Med tech M&A values flail; COVID-19 diagnostic deal largest for year

While med-tech dealmaking in the second quarter of 2020 increased by 27% from the first quarter and is in line with the values disclosed during the same period in 2019, M&A money for the industry has fallen significantly. Read More
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Trautman: COVID-19 may hamper FDA’s efforts to further harmonize Part 820, ISO 13485

The U.S. FDA’s interest in harmonizing its regulations for medical devices with an international standard is a matter of record, but the agency has found this to be an enormously complicated task. Kim Trautman, executive vice president for medical device services at NSF International, of Ann Arbor, Mich., told BioWorld that the task of rewriting Part 820 to meet ISO 13485 in the middle is no mean feat, but also that it may be delayed again, this time because of the COVID-19 pandemic. Read More
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Rapid TB test detects multidrug resistance

The Xpert MTB/XDR test developed by the Foundation for Innovative New Diagnostics (FIND) and Cepheid Inc. quickly indicates whether a patient has a dangerous – and rapidly increasing – strain of multidrug resistant tuberculosis (TB). The new test enables clinicians to return results in 90 minutes and see immediately whether the pathogen would respond to standard first- or second-line therapies. Read More
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Koh Young aims for Kymero’s global expansion after netting first sale

HONG KONG – Seoul, South Korea-based 3D inspection device maker Koh Young Technology Inc. is looking to expand into the global market with its neurosurgical robotics system Kymero after securing its first client in its home country in June. Read More

Financings for July 17, 2020

Med-tech firms raising money in public or private financings, including: Curadigm, Deerfield Healthcare Technology Acquisitions, Genetic Technologies. Read More

In the clinic for July 17, 2020

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Nucleix. Read More

Med-tech gainers and losers for July 13-17, 2020

The top 10 med-tech stock gainers and losers for the week. Read More

Other news to note for July 17, 2020

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Bionano Genomics, Codex DNA, Empirical Spine, Gs, Helixbind, Nuvasive, Oncocyte, Perfectprime, Personalis, Progenetics, Vectracor. Read More

Regulatory actions for July 17, 2020

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Ambu, Bristol-Myers Squibb. Read More

Regulatory front for July 17, 2020

The latest global regulatory news, changes and updates affecting medical devices and technologies, including: Verathon. Read More

BioWorld MedTech’s Neurology Extra for July 17, 2020

Keeping you up to date on recent developments in neurology, including: Phantom-limb pain reduced through brain-computer interface training; Anxiety, depression in COVID-19 patients with loss of smell and taste; HBOT improves cognitive function of older adults. Read More

BioWorld MedTech Patent Highlights: Week 28

BioWorld MedTech presents Patent Highlights, an excerpt of the most important med-tech patents from this week's Cortellis Patents Gazette. Read More

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