Medtech company Bone Index has announced the successful close of its latest financing round and a new strategic partnership with Lynx Financial. This collaboration is set to enhance Bone Index’s distribution and service capabilities across North America and the Asia Pacific regions, allowing the company to meet the increasing demand for its bone health diagnostic solutions in these key markets. The funding,…
GE HealthCare has announced a new collaboration with the University of California San Diego School of Medicine to enhance imaging techniques for diagnosing and managing female pelvic diseases, such as endometriosis and ovarian cancer. This partnership, which will be conducted through the Center for Translational Imaging and Precision Medicine (CTIPM) at UC San Diego, aims to develop advanced magnetic resonance imaging (MRI)…
Materna Medical has announced the publication of clinical results in the International Urogynecology Journal. The study, titled “Effect of an intrapartum pelvic dilator device on levator ani muscle avulsion during primiparous vaginal delivery: A pilot randomized controlled trial,” highlights the safety and effectiveness of Materna’s Prep Device in reducing childbirth-related pelvic floor injuries in first-time mothers. The study reports that the use…
Canadian-based Noze, a company working on breath-based diagnostics, has secured a $5 million equity investment from the Bill & Melinda Gates Foundation. This investment anchors a new funding round for the breath-based diagnostics startup. The funding follows two previous grants from the foundation, bringing its total contribution to $6.8 million. The funding will support further development of Noze’s disease detection platform for…
Medtech company Hologic has finalized its previously announced acquisition of Endomag, a UK-based developer of breast cancer surgery technologies, for approximately $310 million. Erik Anderson, President of Breast and Skeletal Health Solutions at Hologic noted: “We are thrilled to complete the acquisition of Endomag and are looking forward to working with our new colleagues to increase access to their innovative technologies, which…
Novocuff, a medical device company focused on improving pregnancy outcomes and reducing preterm births, has successfully closed an oversubscribed $26 million Series A funding round. The round was led by AXA IM Alts, through its Global Healthcare Private Equity Strategy, with a $14 million investment. Significant participation also came from Laerdal Million Lives Fund, along with continued support from existing and new…
French healthtech company Sonio, has introduced Soniopedia, a new cloud-based AI-powered software designed for prenatal ultrasound training. This announcement was made at the World Congress of Fetal Medicine (FMF) in Lisbon. Soniopedia aims to address the training challenges in prenatal ultrasound by simulating cases from the initial ultrasound image to the necessary genetic tests within a single cloud-based platform. Prenatal medicine is…
JOGO Health, a medtech company focused on the treatment of chronic pain and neuromuscular disorders, has closed over $5.5 million in a funding round led by Hourglass Ventures. Due to high demand from investors, JOGO Health is now extending the opportunity to the public through a Regulation CF community investment round on Wefunder. This allows retail investors to participate alongside established firms…