Financings roundup: PatientSafe raises $30M in 'B-1' round led by TPG
PatientSafe Solutions (San Diego) said it has raised $30 million in Series B-1 financing. TPG Biotech, a science-based venture investment arm of the global private equity firm TPG Capital, led the round. PatientSafe develops patient safety solutions intended to help eliminate hospital-based medical errors. (Medical Device Daily)
Medical Device Daily's Medical Technology and Pandemic Threats: Swine, Avian and SARS
The only place to find a complete overview of how the med tech sector is responding to the H1N1 pandemic, giving companies a keen outlook into what competitors are doing to assess the market for potential launch of new products.
Five pitfalls to avoid when outsourcing metal tubing
Manufacturers of medical devices who outsource metal tubing should insist on validation of tubing specifications with an expert, and require realistic lead times. There's a stiff price to pay for those who choose not to consult with knowledgeable suppliers when outsourcing metal tubing for medical devices. Unless certain steps are taken to ensure that designs and specifications are accurate, the potential consequences include: exceeded R&D budgets, exorbitant production costs, delay of FDA approval, slowed speed to market, and a great deal of frustration. (MDD Perspectives)
Medtronic is doing what with stents?
"Medtronic is doing exactly what with a drug-eluting stent (DES)? They can actually do that?" These were the first two thoughts that formed in my mind when my editor assigned a story to me about Medtronic developing a
DES to treat erectile dysfunction (ED). (Medical Device Daily)
