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Israeli Robotics System Steers Closer To European Market

XACT Robotics has secured a CE mark for its XACT image-guided robotic needle steering system for CT-guided percutaneous procedures in the abdomen. The company is hoping to formally launch XACT by 2019 while expanding the system to additional clinical indications, including spine, and lung procedures.

Approvals Commercial Companies
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Medtech Money Flow: M&A And VC Deals, Sept. 17 - 23, 2018

Find out where the medtech money is flowing in our weekly roundup. Among other deals, Medtronic makes a mammoth acquisition to buy the remaining shares of Israeli surgical robotics firm Mazor Robotics and Israeli company MeMed secures $70m to advance its point-of-care immune system diagnostic for distinguishing between bacterial and viral infections.
M & A Deals

Medtronic Buys Mazor Robotics For $1.3Bn

Medtronic is straightening up as a market leader in spinal surgery after agreeing to buy the shares of Mazor Robotics that it does not already own. The $1.3bn deal builds on an existing agreement between the companies formed in May 2016 and strengthens Medtronic as the front runner in the spine robotics field.

M & A Israel

QUOTED. Sept. 19, 2018. Martha Murray.

An anterior cruciate ligament (ACL) repair technology developed by MIACH Orthopedics has secured backing from investors, including the union for National Football League players, in a new round of financing. See what MIACH founder Martha Murray said about it here.

Quoted Financing

MIACH Orthopedics Score NFLPA Investment For ACL Repair Tech

MIACH Orthopedics, has secured $22.5m from investors including the NFL Players Association to continue US clinical trials for its Bridge-Enhanced ACL Repair (BEAR) technology.

Financing Orthopedics

Medtech Money Flow: M&A And VC Deals, Sept. 10-16, 2018

Where is the money flowing in medtech? Find out in this edition of Medtech Money Flow, which rounds up the M&A and venture financing deals, as recorded in our M&A and VC Deal Trackers, between Sept. 10-16, 2018.

M & A Deals

Stryker Takes A Shine To Photonics Firm Invuity

Just weeks after inking a billion-dollar acquisition of K2M, Stryker has announced a $190m deal to acquire photonics firm Invuity. Under the terms of the agreement, a subsidiary of Stryker will purchase all outstanding shares of Invuity for $7.40 per share in cash.

M & A Deals

NICE Endorses Sutureless Aortic Valves While LivaNova Reaches Study Milestone

A new guidance from the UK's National Institute for Health and Care Excellence (NICE) concludes that sutureless aortic valve replacement is an alternative to conventional surgical aortic valve replacement. The NICE guidance came as LivaNova announced completed enrollment in the 900-patient, randomized PERSIST-AVR trial of its Perceval sutureless aortic valv.

Clinical Trials Companies

Inivata Names Clive Morris New CEO

Inivata's Chief Medical Officer Clive Morris will take over as CEO of the liquid biopsy company. Former CEO Michael Stocum departed earlier this year.

Appointments Companies

QUOTED. Sept. 12, 2018. Steve Parker.

Creavo Medical Technologies is trying to make "magnetocardiography" a go-to tool for emergency departments in diagnosing heart disease. See what Creavo CEO Steve Parker had to say about evidence backing the technology.

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