Medical Device

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…

How Astek Diagnostics Is Transforming UTI Identification and Treatment with Rapid Testing Technology

Astek Diagnostics, founded by Mustafa Al-Adhami, PhD in response to his grandfather’s experience with a urinary tract infection (UTI), is on a mission to transform diagnostic procedures. Witnessing his grandfather’s suffering, Al-Adhami recognized the urgent need for a more efficient and precise diagnostic solution. Thus, he conceived the idea of the Jiddu Analyzer, aimed at providing rapid antibiotic sensitivity testing within one…

Owen Mumford Expands Pelvic Health Portfolio with Empelvic Acquisition

Medical device company Owen Mumford has recently announced the acquisition of Empelvic, a brand specializing in pelvic floor cushion technology. This strategic move aims to bolster Owen Mumford’s pelvic and sexual health portfolio, catering to the growing demand for accessible at-home solutions for intimate health conditions. Empelvic, founded in Denmark by Gry Senderovitz and Michael Severinsen, offers a non-invasive pelvic floor cushion…

Ark Surgical Secures $1.1M in Funding to Advance Safer Surgical Solutions for Women’s Health

Ark Surgical, a medical device company dedicated to enhancing women’s health, has recently secured an additional $1.1 million in funding. This investment, acquired between December 2023 and January 2024, signifies a significant step forward for the company in its mission to provide safer surgical solutions in women’s health care. The funds will primarily support U.S. market expansion U.S. for its FDA-cleared tissue…

TMRW Life Sciences Launches CryoLink, a Digital Management Solution for Fertility Clinics’ Frozen Specimen Storage

Fertility tech company TMRW Life Sciences has introduced CryoLink, a workstation designed to facilitate the digital management of frozen specimen inventories in fertility clinics. This solution allows clinics to integrate TMRW’s Digital Specimen Management system into their existing storage infrastructure, offering a safe and efficient upgrade to their current processes. Previously, access to TMRW’s Digital Specimen Management system was limited to clinics…