Medical Device

Maternal and Fetal Health Company Raydiant Oximetry Secures $7.5M in Oversubscribed Series A Extension Round

Raydiant Oximetry, a clinical-stage medical device company focused on improving outcomes for mothers and babies during childbirth has closed an oversubscribed $7.5 million Series A3 extension round. The round was led by Cross-Border Impact Ventures (CBIV), a VC fund focused on the health of women and children worldwide. The round also included participation from RH Capital, Global Health Impact Fund, VCapital, and…

Lunit Acquires Volpara to Enhance AI-Driven Breast Cancer Screening and Diagnostics

Lunit, a provider of AI-powered cancer diagnostics and therapeutics, has acquired Volpara Health Technologies, a global leader in breast cancer screening software. Last year when the acquisition was first announced Lunit shared plans to acquire all Volpara shares at AUD 1.15 per share, amounting to a deal worth approximately AUD 292 million (USD 193 million). The acquisition merges Volpara’s advanced breast health…

Meditrina’s Aveta System Gains CE Mark Approval, Expands Global Reach

Meditrina, a developer of gynecologic medical devices, announces the CE Mark and UKCA Mark approval for its Aveta Hysteroscopy System. This approval, aligned with Regulation (EU) 2017/745, marks a significant achievement for Meditrina, allowing the company to expand its international footprint and further its commitment to advancing women’s health worldwide. The Aveta Hysteroscopy System features a fully disposable 4.6mm resecting hysteroscope, designed…

First Successful IUD and Transcervical Procedures with Aspivix’s Non-Traumatic Carevix Performed in the US

The first successful IUD and transcervical procedures using Aspivix’s non-traumatic Carevix were performed in the U.S. This milestone underscores the potential of Carevix to offer a gentler alternative to traditional methods. The procedures were performed by Alissa M. Conklin, MD., Assistant Professor of Clinical Obstetrics and Gynecology at Indiana University School of Medicine. She shared: “The suction was perfectly adequate and easy…

Teal Health Receives FDA Breakthrough Designation for At-Home Cervical Cancer Screening Device

Teal Health, headquartered in San Francisco (USA), has achieved a significant milestone in its mission to improve cervical cancer screening options. The company has been granted Breakthrough Device designation by the US Food and Drug Administration (FDA) for its at-home self-collect cervical cancer screening device, the Teal Wand. This designation follows the successful completion of Teal Health’s clinical trial. The trial surpassed…

Samsung Acquires French Fetal Ultrasound AI Software Company Sonio

Samsung Medison, a global medical equipment company affiliated with Samsung Electronics, has finalized an agreement to acquire 100% of the shares of France-based Sonio, a fetal ultrasound AI software company. Established in 2020, Sonio focuses on improving women and children’s health globally through medical advancements. The company specializes in developing IT solutions and AI assistant features for obstetrics and gynecology ultrasound, aiding…

Hologic to Acquire Endomag, a Breast Surgical Guidance Company, for $310 Million

Women’s health focused medical device company Hologic has announced the signing of a definitive agreement to acquire Endomag, a private company specializing in breast cancer surgery technologies, for approximately $310 million, subject to working capital and other customary closing adjustments. Endomag’s suite of solutions includes the Magseed marker for magnetic tissue localization before surgery, the Magtrace lymphatic tracing injectable for breast cancer…

Remote Pregnancy Monitoring Company Nuvo Goes Public Through Merger with LAMF Global Ventures

Nuvo Group, a remote pregnancy monitoring company, has reached a significant milestone by finalizing its business combination with LAMF Global Ventures, transitioning into a public company listed on NASDAQ under the ticker symbol NUVO. At the heart of Nuvo’s platform lies its INVU platform, an FDA-cleared pregnancy monitoring and management system that harnesses wearable technology, AI, and machine learning. INVU empowers both…