Funding Rounds
Conventional Debt, $2.2B
Integra LifeSciences (1989, Plainsboro) – Suite of medical devices
Investors: Bank of America
Series E, $105M
Livongo (2014, Chicago, $237M) – Cloud connected glucose meter to manage diabetes and an online coaching program provider
Investors: General Catalyst Partners, Kinnevik, Echo Health Ventures, DFJ, KPCB, Merck Global Health Innovation Fund, Microsoft Ventures, Sapphire Ventures, Zaffre Investments, 7wire Ventures
Series C, $70M
V-Wave Medical (2009, Caesarea, $105M) – Implantable shunt to treat heart failure
Investors: Deerfield, Endeavour Vision, Quark Venture, Aperture Venture Partners, JNJ Innovation, Edwards Lifesciences, BRM Group, Pontifax, Pura Vida Investments, Triventures, BioStar Ventures, Israel Secondary Fund
Series F, $39M
Cardiac Dimensions (2001, Kirkland, $167.3M) – Minimally invasive cardiac implant for heart failure
Investors: Hostplus, M. H. Carnegie, Arboretum Ventures, Lumira Capital, Aperture Venture Partners
Series C, $33.5M
Limflow (2012, Paris, $33.5M) – Venous arterialization of the lower limbs
Investors: Sofinnova Partners, Bpifrance
Series C, $31.7M
EryDel (2007, Urbino, $46.7M) – Drug delivery through erythrocytes
Investors: Sofinnova Partners, Genextra, Innogest Capital
Post IPO, $28M
MannKind Corp (1991, Los Angeles, $50M) – Developing new drugs through their Technosphere® formulation technology
Series E, $25M
Avedro (2007, Waltham, $204.5M) – Corneal collagen cross-linking technology
Investors: Lilly Asia Ventures, Orbimed, InterWest Partners, Health Quest Capital
Series C, $20M
Intact Vascular (2011, Wayne, $86.2M) – Implant for artery repair after angioplasty
Investors: New Enterprise Associates, HIG BioHealth Partners, Quaker Partners
Series A, $19.9M
Soundbite Medical (2013, Montreal, $22.3M) – Shockwave device to treat chronic total occlusions in the coronary and peripheral vasculature
Investors: Fidelity
Series A, $14.1M
Companion Medical (2013, San Diego, $15.9M) – A smart insulin injector pen
Series E, $13M
CardioFocus (1990, Marlborough, $139.0M) – Endoscopically guided catheter for ablation
Post IPO, $12.9M
Danaher (1969, Washington D.C.) – Portfolio of medical and dental devices
Post IPO, $12.7M
Pixium Vision (2011, Paris, $32.8M) – Bionic vision restoration systems
Venture Debt, $12M
Cardiac Dimensions (2001, Kirkland, $167.3M) – Minimally invasive cardiac implant for heart failure
Investors: Oxford Finance
M&A
- Fresenius pulls out of Akorn takeover over data integrity Reuters
- BRIEF-Analogic To Be Acquired By Affiliate Of Altaris Capital Partners For $1.1 Bln In Cash financetime.org
- Boston Scientific Announces Acquisition Of nVision Medical Corporation PR Newswire
- United Therapeutics pens $216M deal to buy SteadyMed, neutralizing pump-based threat to PAH franchise FierceBiotech
- Fresenius Medical sells U.S. Sound Inpatient for $2.15 billion Reuters
- Livongo Health Acquires Retrofit PR Newswire
- Chinese firm makes last-minute $1.4 billion offer for Australia’s Sirtex, trumps VarianReuters
- New Mountain Capital Agrees to Sell Medical Specialties Distributors to McKessonBusiness Wire
- Roche. (4/6/18). “Press Release: Roche Completes Acquisition of Flatiron Health”. BaselLife-Sciences-Germany
- Olympus Announces Intention To Acquire Lithotripsy Systems From Cybersonics Reuters
IPO
- Inspire Medical inhales $108m in IPO Global Corporate Venturing
FDA Approval
- Roche’s Hemlibra gets speedy FDA review for wider use Reuters
- 4/23/18 – Medtronic IN.PACT Admiral Drug Coated Balloon Receives FDA Approval to Treat Long SFA Lesions Pharmacy Choice
- FDA Clears A.I. Software Detecting Diabetic Eye Disease Technology News and Literature
- Lumendi Receives FDA 510(k) Clearance for Dilumen C2™ Business Wire
- BrainsWay Receives FDA Clearance of Next Generation Stimulator, Enhancing Its Current Deep Transcranial Magnetic Stimulation (Deep TMS) System for Treatment of Major Depressive Disorder GlobeNewswire
- Bayer Statement about Essure® Label Update PR Newswire
- Arthrosurface Gains FDA Clearance of OVOMotion™ Shoulder Arthroplasty System PR Newswire
- LENSAR® Laser System Receives FDA Clearance to Perform Corneal Pockets and Flaps for Corneal Inlay Procedures BioSpace
Regulatory Change
- Govt may push for regulating manufacture, sale, import of implantable medical devicesLivemint
New Product Announcement
- Fitbit Announces Health Partner Apps and Clock Faces Aimed to Improve Condition Management and Overall Health Business Wire
- Varian Launches Velocity 4.0 Cancer Imaging Software with Selective Internal Radiation Therapy Dosimetry Analysis PR Newswire
- Vayyar Imaging Unveils the World’s Most Advanced CMOS SOC for mmWave 3D Imaging Business Wire
- Curetis Launches CE-IVD Marked Unyvero Urinary Tract Infection (UTI) Cartridge at ECCMID 2018 PM360
- Medtronic Expands Focus on Interventional Oncology with Its U.S. Launch of OptiSphere(TM) Embolization Spheres PM360
- BD Launches BD FACSymphony S6 High Parameter Cell Sorter to Enable Sorting of Rare Cell Types PressReleasePoint
- BD Unveils Suite of Diagnostic Informatics and Automation Innovations PR Newswire
New Geo Entry
- Roche to launch startup in India BioSpectrum India
- Augmenix, Inc. Announces the Opening of a New Headquarters in Tokyo, Japan Business Wire
- Vision Care opens in Panadura The Associated Newspapers of Ceylon Ltd
- B&W Tek, Spinco Biotech Open Spectroscopy Center of Excellence in India Photonics Media
Business Partnership
- Tandem Diabetes Care and Movi SpA Announce Agreement for Distribution of Insulin Pump Products in Italy Business Wire
- Konica Minolta Healthcare, HydroCision Announce Distribution Agreement for TenJet System Citybizlist
Company Announcement
- J&J raises sales forecast but keeps profit outlook unchanged; shares drop Reuters
Earnings Release
- Philips first-quarter results beat estimates on strong China growth Reuters
- 1Q2018 Earnings Call Highlights Abbott’s $7.4 Billion In Sales BioSpace
Earnings Commentary
- Currency headwinds sap Bayer in Q1 Indiatimes
Research Partnership
- Gilead and Verily Announce Scientific Collaboration to Identify and Understand Immunological and Molecular Drivers of Inflammatory Diseases Business Wire
- 4DMT and ROCHE Expand Ophthalmology Partnership to Develop and Commercialize Multiple AAV Gene Therapy Products Business Wire
Key People Movement
- Clarify Medical® Announces the Appointment of George W. Mahaffey as President and Chief Executive Officer Business Wire
Lawsuit
- Johnson & Johnson wins appeal to overturn $151 million hip implant verdict Reuters