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Drug-Device Combinations

Avedro application needs more work, FDA says

March 18, 2014 By drugdelivery

Avedro application need more work, FDA says

Massachusetts ophthalmic devices maker Avedro has some issues to address before the company can move forward with an FDA New Drug Application for its light-based cross-linking product for treatment.

Filed Under: Clinical Trials, Drug-Device Combinations Tagged With: Avedro Inc., New Drug Application (NDA)

Unilife raises $60M through debt financing, shares soar

March 13, 2014 By drugdelivery

Unilife raises $60M through debt financing

Pennsylvania device maker Unilife (NSDQ:UNIS) raised $60 million through a debt financing agreement with OrbiMed Advisors, news of which sent UNIS shares soaring today.

Filed Under: Drug-Device Combinations Tagged With: OrbiMed, Unilife Corp.

Lumicell adds another $600,000 in funding

March 6, 2014 By drugdelivery

Lumicell secures over $1M in funding round

Imaging systems maker Lumicell Diagnostics amended a previously closed $1 million funding round after landing another $560,000 in financing from 2 new investors, regulatory filings show.

Filed Under: Diagnostics, Drug-Device Combinations Tagged With: Lumicell

Alimera raises $37.5M in private placement

February 18, 2014 By drugdelivery

Alimera raises $37.5M in private placement

Alimera Sciences (NSDQ:ALIM) raised $37.5 million in a recent funding round, planning on using the funds to support general corporate operations.

Filed Under: Drug-Device Combinations Tagged With: Alimera Sciences

Shareholders lawsuit against Unilife fizzles

January 23, 2014 By Brad Perriello

Shareholders lawsuit against Unilife fizzles

The plaintiff in a purported class action shareholders lawsuit against Unilife (NSDQ:UNIS) voluntarily withdrew the complaint after no other stockholders stepped up to join the suit.

Filed Under: Drug-Device Combinations Tagged With: Unilife Corp.

Medtronic acquires drug/device maker TYRX for $160M

January 6, 2014 By drugdelivery

Medtronic nabs drug/device maker TYRX for $160M

Minnesota medical device giant Medtronic (NYSE:MDT) announced today that it acquired privately owned TYRX, maker of surgical infection prevention products.

Filed Under: Drug-Device Combinations Tagged With: Minnesota, Patient Safety, TYRX Inc.

Drug delivery tech maker GeNO files for IPO of up to $50M

November 14, 2013 By drugdelivery

Drug delivery tech maker GeNO files for IPO of up to $50M

Waltham, Mass.-based GeNO LLC is hoping to raise as much as $50 million through an initial public offering, with funds slated to further development and commercialization of the company’s GeNOsyl drug delivery technology.

Filed Under: Drug-Device Combinations Tagged With: GeNO Healthcare

M&A rumor mill: Ikaria looks for a $2B exit

October 4, 2013 By drugdelivery

M&A rumor mill: Ikaria looks for a $2B exit

New Jersey critical care devices maker Ikaria Inc. is rumored to be looking for an exit, hoping to claim at least $2 billion, according to unnamed sources.

Ikaria is owned by private equity and venture capital companies including Mountain Capital LLC, ARCH Venture Partners LP and Venrock Associates LP.

Filed Under: Drug-Device Combinations Tagged With: Ikaria Inc.

Alimera's Iluvien vision repair implant wins national insurance coverage in France

July 25, 2013 By drugdelivery

pSivida
Alimera Sciences

The French National Health Authority granted Alimera Sciences (NSDQ:ALIM) national insurance coverage for the Iluvien vision repair implant, the company said this week.

Filed Under: Drug-Device Combinations Tagged With: Alimera Sciences, Insurance, pSivida Corp.

Covidien launches 2 trials to support its Stellarex drug-device combo

July 17, 2013 By drugdelivery

Covidien launched 2 trials to support its Stellarex drug-device combo

Covidien (NYSE:COV) kicked off 2 new clinical trials this week to support a global evaluation of its Stellarex drug-coated angioplasty balloon.

Filed Under: Clinical Trials, Drug-Device Combinations Tagged With: Clinical Trials, Covidien, Peripheral Artery Disease

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