Glaukos scores success with Istent Inject in study
Glaukos Medical Corp. is slowly proving its stent used in the treatment of glaucoma can be used as a standalone therapy, dispelling the idea the device must be used in conjunction with cataract procedures. The San Clemente, Calif.-based company, which competes in the Micro-Invasive Glaucoma Surgery (MIGS) space, revealed hard data in the form of a 53 open-angle glaucoma patient study.
Shares of med-tech firms surge as investors warm to sector, driven by optimism
Like their biopharmaceutical colleagues, publicly listed medical technology companies have roared out of the gate this year as investors flood back into health care. Companies have benefited from record-breaking market highs being driven by a increased optimism that the U.S. economy is poised to enjoy better times ahead.
Device deals climb with a focus on cancer, cardiovascular markets
The number of medical device deals and their disclosed values appear to be rising, according to data from Cortellis Deals Intelligence (CDI). CDI reported 202 med-tech deals in 2014, compared with 237 deals in 2015 and 287 deals in 2016. The total value of deals was $22.85 million in 2014, $251.06 million in 2015 and $1.54 billion in 2016.