Avantis Medical Systems’ Third Eye Retroscope
This article was originally published in The Gray Sheet
Executive Summary
Expanded indication for the colon cancer detection tool gains 510(k) clearance, supporting a claim for increased detection of cancerous and pre-cancerous polyps in the colon when used in conjunction with colonoscopy, the firm announces Feb. 17. The device, initially cleared in April 2007, provides physicians a backward view of the colon that complements the forward view of the colonoscope to help them visualize blind spots in the colon where cancers may be hiding, the firm explains. The Sunnyvale, Calif.-based company recently raised $10 million in a "Series C" financing to help fund a rollout of the device this year, as well as to establish U.S. centers of excellence to facilitate the launch, to collect additional data supporting clinical utility, and for sales and marketing efforts (1"The Gray Sheet" Jan. 26, 2009, p.20)
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Financings In Brief
ReGen Biologics raises funds for Menaflex launch: U.S. launch of collagen knee cartilage repair implant in February will be supported in part by proceeds from a $10 million private placement of common stock, announced Jan. 21. The Hackensack, N.J., firm completed the first $7 million in funding on Jan. 16 and will raise $3 million more in a planned second stage, ReGen explains. The financing round was led by Sanderling Venture Partners. Menaflex gained 510(k) clearance in December (1"The Gray Sheet" Jan. 5, 2009, p. 24)
Cosmetic And Personal Care Trademark Review: 16 April
Personal care and cosmetic product trademark filings compiled from the Official Gazette of the US Patent and Trademark Office, Class 3.
Health And Wellness Weekly Trademarks Review: 16 April
Trademarks are registered and published for opposition with the US Patent and Trademark Office and are published weekly in the agency's Official Gazette.