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Transoma Medical Device Company Closes Up – Some Cash Cows Are Leaving the Pasture

15 hours ago ago from The Medical Quack

Back in June of this year I reported on the FDA approval of their hand held device and here we are 6 months later and gone. The company had been around since 1984. 300 more people will be looking for work in Minnesota. They also had strong financial backers throughout but ran out of money. Hospitals are looking to medical device companies for relief, and perhaps some can help but not companies that are borderline on the verge of running out ...

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LifeScience Alley conference kicks off amid storm, both literal and figurative : MedCity News

7 hours ago ago from MedCity News

December 8, 2009 by Thomas Lee Leave a Comment MINNEAPOLIS, Minnesota People wishing to attend LifeScience Alley's annual convention Wednesday will first have to brave the season's first significant snow storm. It's a fitting metaphor. The medical device industry, long the backbone of Minnesota's high tech economy, faces perhaps its most challenging environment in decades. From regulatory headaches and health care reform to a ...

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No strings attached

17 hours ago ago from medtechbusiness blog

The application of Web 2.0 technologies to patient monitoring and clinical communications offers a new healthcare model that will be essential to the NHS in the coming years. Barnaby Perks, Director of ERBI Medtech, talks to Medtech Business about what wireless healthcare means for the industry. Barnaby Perks ERBI is a not-for-profit membership organisation for international life science and healthcare companies, based in Cambridge. ...

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Understanding How Hospitals Buy Medical Technology

23 hours ago ago from Zed Net

Modern hospitals depend heavily on medical technology to diagnose, treat and prevent diseases. A typical mid-sized hospital has hundreds of items of medical equipment, from simple stethoscopes and blood pressure monitors to highly sophisticated MRI machines and linear accelerators. Hospitals are complex enterprises with entire departments dedicated to technology planning, assessment, acquisition, maintenance, upgrade and replacement at the ...

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Audio Interview with Biomagnetics Diagnostics Corp. (OTCPK: BMGP)

15 hours ago ago from SmallCapVoice.com

Clayton Hardman, CEO of Biomagnetics Diagnostics Corp. (OTCPK: BMGP ), stopped by SmallCapVoice.com to explain how his company is an advanced medical device and biotechnology company. The Company’s revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do ...

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Veran Medical Receives FDA Clearance to Market Electromagnetic Navigated Bronchoscopy Product: The SPiN Drive(TM) System

21 hours ago ago from Good News Now

ST LOUIS, Dec. 8 /PRNewswire/ -- Veran Medical Technologies announced today that it received clearance (K091934) from the U.S. Food and Drug Administration (FDA) to market a product for the delivery of instruments through the pulmonary tract. "Veran is excited about this clearance as it allows the company to address a huge unmet clinical need in lung cancer diagnosis and treatment," said Jerome R. Edwards, Veran president and chief executive ...

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Frost & Sullivan Bestows Global Telematics & Navigation Product Differentiation Innovation Award on Mobile Devices

21 hours ago ago from FanHouse

LONDON, Dec. 8 /PRNewswire/ -- The Frost & Sullivan '2009 Global Telematics & Navigation Product Differentiation Innovation Award,' is presented to Mobile Devices. This award recognises the company's ability to develop products with more innovative features than its competitors. (Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO) "Mobile Devices offers four major products such as connected devices for telematics (C4 range and Dreevo ...

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Medtronic Hires Renowned Cardiologist as Vice President of Medical Affairs for Coronary and Peripheral Business

21 hours ago ago from FanHouse

Medtronic, Inc. (NYSE: MDT), today announced the hire of Prof. Martin Rothman as vice president of medical affairs for the company’s coronary and peripheral vascular business based in Santa Rosa, Calif. Prof. Rothman will join Medtronic on Jan. 4, 2009, after 37 years of clinical practice in the U.K. as an interventional cardiologist, including 27 years at the London Chest Hospital (Barts and the London NHS Trust), where he has served for ...

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Signature Devices Provides Q3 Unaudited Financials

11 hours ago ago from Good News Now

REDWOOD CITY, Calif., Dec. 8 /PRNewswire-FirstCall/ -- Signature Devices, Inc. (Pink Sheets: SDVI) ( www.signaturedevices.com ) and its subsidiary Graffiti Entertainment, Inc. ( www.GraffitiEntertainment.com ) are today providing Q3 Unaudited Financials and an update to its current business efforts. Signature Devices, Inc. has posted unaudited financial statements for the 3rd Quarter of 2009. The statements are available at ...

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8th Annual Lifescience Alley Conference & Expo Exhibitor Profiles

16 hours ago ago from Good News Now

The 8th Annual Lifescience Alley Conference & Expo takes place December 9, 2009 at the Minneapolis Convention Center in Minnesota. Business Wire is the official news wire for Lifescience Alley Conference & Expo. Breaking news releases, advisories, photos, and multimedia are available at Tradeshownews.com , Business Wire's trade show, conference, and event news resource. Listed below are 8th Annual Lifescience Alley Conference & Expo exhibitor ...

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