BioNano Genomics gets $53M boost to advance Irys platform | Funding round brings in $7.5M for molecular Dx startup | Hospital GPO awards supply contract to Medical Imaging Solutions International
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November 21, 2014
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BioNano Genomics gets $53M boost to advance Irys platform
BioNano Genomics, a San Diego-based developer of genome mapping platforms, has obtained $53 million in a Series C funding round led by Legend Capital and Novartis Venture Fund. The firm will use the proceeds to bolster its Irys platform and to develop other platforms and technologies. GenomeWeb Daily News (free registration) (11/20)
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Business & Market Trends
Funding round brings in $7.5M for molecular Dx startup
A round of Series A financing headed by Sherpa Ventures has pulled in $7.5 million for molecular diagnostics startup Cue. The San Diego-based company has developed Cue, a home molecular diagnostics device for identifying and monitoring flu, inflammation, fertility, testosterone and vitamin D. MedCityNews.com (11/19)
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Hospital GPO awards supply contract to Medical Imaging Solutions International
Medical Imaging Solutions International has entered into a supply agreement with Premier, a hospital group purchasing organization. The deal calls for Medical Imaging Solutions to supply the hospital GPO with its contrast-media injector syringes and disposables starting Jan. 1. AuntMinnie.com (free registration) (11/21)
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International Developments
New Zealand, Australia drop proposal to form joint regulatory body
A plan by New Zealand and Australia to create a single agency to regulate the medical device sector in both countries has been dropped after a review of the costs and progress of the plan. Australia's Therapeutic Goods Administration and New Zealand's Medicines and Medical Devices Safety Authority will continue to oversee their respective markets separately. MassDevice.com (Boston)/Emergo Group blog (11/20)
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Canada releases guidance for new medtech license applications
Medical device manufacturers are required to submit license applications for Class III and Class IV devices in Canada via one of three accepted electronic formats starting Dec. 1, according to new guidance published by Health Canada. The rule is for new and amended license applications, but the agency encourages medical device manufacturers to submit supporting documents for applications already in progress in the electronic format as well. Clinica (11/20)
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Science & Health
Firms to develop advanced sequencing technology for infection monitoring
Illumina and bioMerieux agreed to collaborate in the development of applications for microbiology sequencing technologies. Initially, the partners will develop next-generation sequencing epidemiology solutions to be used in the monitoring and control of bacterial infections. Genetic Engineering & Biotechnology News (11/18)
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Mich. health system to use firm's proton therapy system
The ProteusOne single-room proton therapy device developed by Ion Beam Applications will be installed at the Beaumont Health System in Royal Oak, Mich. Ion Beam Applications' contract with the health system includes long-term maintenance. AuntMinnie.com (free registration) (11/20)
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Emerging Technologies
SpineDriver to launch battery-powered device for drilling into spine
SpineDriver unveiled its newest battery-powered device to drill and drive pedicle screws into the spine at a spinal care conference last week. The company is negotiating with several parties that may want to adopt the technology. BeckersSpine.com (11/20)
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Industry Service Providers
Accuray reports N.Y. installation of CyberKnife M6 system
Accuray has installed its CyberKnife M6 radiosurgery system at Winthrop-University Hospital's NYCyberKnife Center in Manhattan. The firm notes that the center already has started using the system to treat patients. AuntMinnie.com (free registration) (11/18)
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Government & Regulatory
FDA OK sought by Great Basin Scientific for Group B strep test
Great Basin Scientific has submitted a 510(k) clearance application to the FDA for use of its Group B strep test in diagnosing perinatal infections. The company said the device, which analyzes rectal and vaginal swab samples from antepartum women 35 to 37 weeks into pregnancy to identify the presence of Streptococcus agalactiae, could hit the market during the second quarter of next year if cleared. GenomeWeb Daily News (free registration) (11/19)
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AdvaMed News
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Loews Madison Hotel, Washington, D.C.
Industry experts and key personnel from the FDA CDRH 510(k) staff (invited) are coming together to discuss 510(k) submissions. Topics to be discussed include FDA updates to the 510(k) process, factors to consider when assembling a submission and more. Learn more.
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Who's Hiring?
Position TitleCompany NameLocation
Area Reimbursement Manager (CT, MA, MD, ME, NH, NJ, NY, PA, VT) SI-BONE, INCMultiple Locations, United States
Senior Director Medical AffairsEdwards LifesciencesIrvine, CA
Senior Compliance AnalystACell, Inc.Columbia, MD
Sr. Principal Electrical Engineer - 14000008LRAbbottSan Jose, CA
Sr. Principal OptoMechanical Engineer - 14000008M2AbbottSan Jose, CA
Systems Test - V&V Engineer - 14000008LSAbbottSan Jose, CA
European Sales ManagerSentreHEART, Inc.Germany, Benelux, UK, International
SPECIALIST II SYSTEMS INTEGRATION - 140000033PAbbottDallas, TX
PRINCIPAL ENGINEER - R&D - 14000009CPAbbottChicago, IL
Assistant General CounselCardinal HealthColumbus, OH
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SmartQuote
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-- H. Emilie Cady,
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