Delphinus Medical Technologies Inc. raised $30.4 million in a series D fundraising round to support worldwide commercialization of its Softvue 3D whole breast ultrasound tomography system. Both new and existing investors kicked in funds including Arboretum Ventures, Beringea, North Coast Technology Investors, Venture Investors, Hopen Life Science Ventures and Waycross Ventures. Read More
The notion that advances in artificial intelligence (AI) are a question of national economic competitiveness has been gaining currency of late, and a hearing in the U.S. House of Representatives lent more credence to the idea. Jordan Crenshaw of the U.S. Chamber of Commerce referred to the hazard of allowing dictatorships to set the standard for the use of AI as well as the ever-increasing global economic impact of these algorithms, adding that when it comes to AI, the U.S. is “in a race we must win” for both ethical and economic reasons. Read More
Fujifilm Healthcare Europe received the European CE mark for its next-generation therapeutic linear array ultrasound endoscope, the EG-740UT, designed for complex diagnostic and therapeutic endoscopic ultrasound procedures. Read More
Recognizing that academic sponsors and nonprofits are major contributors to the development of advanced therapy medical products (ATMPs) and diagnostic and delivery devices, the EMA is launching a pilot program to help them navigate the challenging regulatory requirements in the space. Read More
The individual and population-level health impact of type 2 diabetes is well documented, a fact which recently drove the U.S. Preventive Services Task Force (USPSTF) to ask whether screening among asymptomatic individuals aged younger than 18 years would be worth the effort. The answer is that the task force simply does not know, simply because the agency’s literature search turned up no studies that prospectively evaluated the benefits of screening in this population, signaling a missed opportunity for drug and device makers to intervene in this massively costly disease. Read More
The 2022 Albert Lasker Basic Medical Research Award has been awarded to Richard Hynes, of the Massachusetts Institute of Technology, Erkki Ruoslahti, of the Sanford Burnham Prebys Medical Discovery Institute, and Timothy Springer, of Harvard Medical School “for discoveries concerning the integrins, key mediators of cell-matrix and cell-cell adhesion in physiology and disease.” Read More
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Angle, Lucira Health, Mainstay Medical, Sight Sciences. Read More
Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: 3M, Aditxt, Bristol Myers, Carestream Health, Concertai, Epicore, Indigo Diabetes, Innovize, Isoray, Metame Health, Moleculight, T2 Biosystems, Viewpoint Molecular. Read More
Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Beyeonics Vision, Neosoma. Read More