Gearing up for a pivotal trial of its RePneu Lung Volume Reduction Coil system, Mountain View, CA-based PneumRx has $33 million in working capital commitments. Forbion Capital Partners and Endeavour Vision led the round. The company’s lung device is designed to improve lung function in emphysema patients by implanting Nitinol coils into the lungs to [...]
Researchers in the United States have developed a medical model for regenerating bladders using stem cells harvested from a patient’s own bone marrow. The research, published in Stem Cells, is especially relevant for paediatric patients suffering from abnormally developed bladders, but also represents another step towards new organ replacement therapies.
Remarkable progress in understanding how stem cell biology works has been reported by a team of leading scientists, directed by experts at UC Santa Barbara. Stem cell biology is making waves around the world with great hope for the eventual repair of parts of the body. While many scientists see these breakthroughs as viable, there [...]
The aggregated proteins strewn about the brain are the hallmark of one of the most common neurodegenerative disorders: Alzheimer’s disease. But while these irregular, gunky proteins, called amyloid-β, are believed to contribute to the deterioration of memory and cognitive ability in Alzheimer’s patients, no one knows how they lead to these symptoms, and the severity [...]
Researchers surveyed the Facebook activities of 405 postgraduate trainee doctors at Rouen University Hospital in France and found that almost three out of four had a Facebook profile. One in four logged on to the site several times a day, and half logged on several times a week.
New molecular tools developed at the University of Michigan show promise for “cleansing” the brain of amyloid plaques, implicated in Alzheimer’s disease.
Nobody ever planned on a short-lived TV series having such a lasting impact on society, but it has. And this is true whether you like Star Trek or not. It doesn’t matter that the show’s medical devices looked like scavenged pieces of plastic the Desilu studio prop department glued together on a low budget. Star [...]
Big Pharma is a global business, with a host of players scattered throughout Europe, the U.S. and Asia. But Big Biotech was born and bred in the U.S. And despite considerable international diversification, the industry still has made-in-the-USA stamped into its DNA.
While the pharmaceutical industry is cutting jobs left and right, two medical device makers this week announced hiring plans. Utah-based Merit Medical Systems plans to hire 75 employees at its Virigna site and invest $1 million more in its business over the next 18 months. The company, founded in 1987, markets interventional and diagnostic procedures, [...]
The FDA has some of its biggest decisions of the year looming in the next few months. The first new lupus drug in half a century, a blood-thinner with mega-blockbuster potential, controversial weight drugs and more are all up for regulatory decisions that can move markets and either throw a bucket of cold water or [...]
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