Nuheara Limited, an Australian audio wearables company, has launched a medical device clinical trial to evaluate the safety and effectiveness of its newly developed range of hearing aid products. The hearing solutions provider said that the clinical study will support its planned expansion into clinically tested and regulatory approved medical devices. Nuheara said that under […]
Irish medical device company Medtronic has agreed to acquire Intersect ENT, an ear, nose, and throat (ENT) medical technology company, in an all-cash deal worth around $1.1 billion. Based in California, Intersect ENT is a publicly traded company, which is currently listed on NASDAQ. Intersect ENT’s steroid releasing implants are designed to give mechanical spacing […]
Probo Medical, a used ultrasound equipment company backed by Varsity Healthcare Partners, has acquired Tennessee-based medical equipment supplier Tenvision for an undisclosed price. Established in 2005, Tenvision is said to have deep expertise in ultrasound equipment. Probo Medical said that Tenvision’s field service engineers, sales representatives, and in-house repair technicians are vastly experienced in providing […]
South Korean medtech company VNTC said that it has developed a vest-like wearable hybrid scoliosis brace called Spinamic. According to VNTC, Spinamic has the benefits of both traditional rigid and soft-type scoliosis braces. The new hybrid scoliosis brace can be used by patients with mild scoliotic symptoms and also by neuromuscular disease patients who face […]
Sparta Biomedical said that its SBM-01 Biomimetic Implant has secured a breakthrough device designation from the US Food and Drug Administration for the replacement of damaged knee cartilage, as per an announcement made in March 2021. SBM-01 Biomimetic Implant is intended to be used in patients with single or multiple chondral or osteochondral defects in […]