Stryker to invest about $225M in RD&I projects at 3 Irish facilities | Orchestra BioMed, Terumo enter $35M partnership | Acumed buys Radicle's wrist repair system
June 14, 2019
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Stryker to invest about $225M in RD&I projects at 3 Irish facilities
Stryker has announced research, development and innovation investments worth around $225 million in three of its Irish facilities. The company's instruments innovation center, AMagine Institute and neurovascular business will see the investments.
BreakingNews (Ireland) (6/13) 
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Business & Market Trends
Orchestra BioMed, Terumo enter $35M partnership
Orchestra BioMed and Tokyo-based Terumo have teamed up on the development and commercialization of Orchestra's Virtue sirolimus-eluting balloon in peripheral cardiovascular and coronary interventions. Terms of the agreement include the payment of $30 million upfront and a $5 million equity commitment plus potential milestone payments from Terumo to Orchestra.
FierceBiotech (6/13) 
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Acumed buys Radicle's wrist repair system
Acumed has paid an undisclosed amount for Radicle Orthopaedics' RASL Repair System, a device intended for treating the scapholunate ligament in the wrist. The acquisition is intended to expand Acumed's hand and wrist portfolio, which includes the the Acutrak 2 Headless Compression Screw.
Becker's Spine Review (6/13) 
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Zimmer Biomet appoints chief medical officer
Zimmer Biomet has tapped orthopedic surgeon Andrew Freiberg to serve as its chief medical officer, a newly created position in the company. Freiberg, an adult reconstructive surgery expert with a focus on hip and knee arthroplasty, has led Massachusetts General Hospital's hip and knee service for more than two decades.
Orthopedics This Week (6/13) 
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New oncology informatics president named by Elekta
Sukhveer Singh has been appointed president of oncology informatics at Elekta, effective June 25. Singh has over 20 years of experience in the health care industry.
AuntMinnie (free registration) (6/13) 
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Science & Health
N.Y. health department OKs Bio-Techne's prostate cancer test
The New York State Department of Health has granted Bio-Techne a clinical laboratory permit for its liquid biopsy-based ExoDx Prostate IntelliScore test, which helps determine whether patients who have an ambiguous prostate specific antigen test result need a prostate biopsy. The test is now available in all 50 states as a result of the decision.
GenomeWeb Daily News (free registration) (6/13) 
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BD releases new infusion pump firmware to fix 2 vulnerabilities
CyberMDX researchers have found that Becton Dickinson's Alaris Gateway Workstation infusion pump could be remotely controlled by installing malicious firmware on its onboard computer, and its monitoring and configuration interfaces could also be accessed by an attacker via a web browser. The device manufacturer has advised pump owners to update the devices with the latest firmware, which comes with fixes for the two vulnerabilities.
TechCrunch (6/13) 
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Emerging Technologies
Dexcom to launch G6 diabetes system features over next year
Dexcom CEO Kevin Sayer said a number of G6 diabetes system upgrades, including a direct-to-Apple Watch version, will be released by the company throughout the next year. The company is also developing the G7 system in partnership with Alphabet subsidiary Verily and is looking to launch the G6 system to the Medicare market.
CNBC (6/13) 
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FDA clears Materialise's cardiovascular planning software
The FDA has granted Materialise clearance to market its Mimics Enlight cardiovascular planning software, which facilitates planning of transcatheter mitral valve replacement procedures by allowing the production of 3D patient-specific models.
AuntMinnie (free registration) (6/13) 
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Government & Regulatory
EU OKs eMurmur's heart murmur detection device
European regulators have granted eMurmur CE mark approval for its sensor that detects heart murmurs using machine learning, a web portal and a mobile app. The mobile device, which uses cloud technology and a third-party electronic stethoscope, also determines when a heart murmur is absent.
FDAnews (6/14) 
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