Posts Tagged medical

PEEK-based implantable device from medtech startup gets investors’ vote of confidence

Friday, December 18th, 2015 | Permalink

French medtech startup Hyprevention (Bordeaux) announced this week that it had raised €750,000 ($814,000) in 2015 to continue developing its business plan in Europe and emerging markets for its novel implantable device to prevent hip fractures. Since receiving the CE mark in August 2015, Hyprevention recorded its first sale of the Y-Strut device in France and signed its first distribution agreement in Belgium. Tagging Options Domain:  All Sites Keywords:  Medical polymers read more

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PEEK-based implantable device from medtech startup gets investors’ vote of confidence

House presses pause button on medical device tax

Wednesday, December 16th, 2015 | Permalink

The Hill reported late last night that House Speaker Paul Ryan has announced to the House Republican Conference that leaders have reached a year-end deal on taxes and government funding that includes postponement of the “Cadillac tax” and a two-year moratorium on the medical device tax. The 40% levy on gold-plated healthcare benefits packages, dubbed the “Cadillac tax,” and the 2.3% medical device excise tax are key elements of the Affordable Care Act (ACA), aka Obamacare. Tagging Options Domain:  All Sites Keywords:  Medical Polymers read more

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House presses pause button on medical device tax

15 ways plastic was fantastic for medical technology in 2015

Saturday, December 12th, 2015 | Permalink

Plastic is fantastic, as we like to say around here, and that has been especially true in the medical realm in 2015. From research establishments around the world to materials suppliers and medical device OEMs, advances and even breakthroughs have been plentiful. Tagging Options Domain:  All Sites Keywords:  Medical Polymers Injection Molding Materials and Additives read more

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15 ways plastic was fantastic for medical technology in 2015

FDA warns about coatings separating from medical devices, sometimes with lethal results

Tuesday, November 24th, 2015 | Permalink

Coatings are applied to medical devices used in minimally invasive procedures to improve lubricity. Polytetrafluoroethylene (PTFE), polyvinylpyrrolidone (PVP) and silicone, among other materials, improve device maneuverability for the surgeon and minimize patient trauma and the formation of blood clots. Unfortunately, the materials also may detach from the substrate, causing serious injury and, in a handful of cases, death. This week, FDA issued a safety communication related to these coatings to make healthcare providers aware of the risks and suggest prevention techniques. Tagging Options Domain:  All Sites Keywords:  Materials and Additives read more

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FDA warns about coatings separating from medical devices, sometimes with lethal results

SurModics acquires Irish balloon catheter developer to further business transformation

Friday, November 20th, 2015 | Permalink

Medical coatings specialist SurModics Inc. (Eden Prairie, MN) announced today that it has acquired Ireland-based Creagh Medical Ltd. (Ballinasloe), a developer and manufacturer of percutaneous transluminal angioplasty (PTA) balloon catheters. The approximate purchase price of $32 million includes an upfront payment of $19 million, and up to $13 million based on achievement of revenue and value-creating operational milestones. Other terms of the agreement were not disclosed. Tagging Options Domain:  All Sites Keywords:  Medical Polymers read more

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SurModics acquires Irish balloon catheter developer to further business transformation