Recent Press Releases

VENTURE CAPITAL DOLLARS INVESTED IN Q1 2014 REACHES HIGHEST QUARTERLY TOTAL SINCE Q2 2001, ACCORDING TO THE MONEYTREE REPORT

Dollars Invested in Software Companies Reaches $4 Billion for the First Time Since Q4 2000 WASHINGTON, April 18, 2014 – Venture capitalists invested $9.5 billion in 951 deals in the first...

FDA discourages use of laparoscopic power morcellation for removal of uterus or uterine fibroids

Procedure poses risk of spreading undetected cancerous tissue in women with unsuspected cancer In a safety communication notice issued today, the U.S. Food and Drug Administration discouraged the use...

Danaher Corporation Announces CEO Transition

WASHINGTON, April 16, 2014 -- Danaher Corporation (NYSE: DHR) today announced that Executive Vice President Thomas P. Joyce, Jr. will succeed H. Lawrence Culp, Jr. as President and Chief Executive...

Breathe Technologies, Inc. Announces FDA Clearance For NIOV System For Use With Compressed Gas

IRVINE, Calif., April 17, 2014 -- Breathe Technologies, Inc. announced today that the U.S. Food and Drug Administration (FDA) has granted the fifth 510(k) clearance for its Non-Invasive Open...

Convergent Dental, Inc. Secures $8 Million in Oversubscribed Funding Round

Natick, MA – April 16, 2014 – Convergent Dental, Inc., a privately held dental device and technology company, announced today that it had secured $8 million in an oversubscribed funding...

ForSight VISION5 Completes $15MM Series C Funding Round; Company Finishes Enrolling Phase 2 Clinical Study

ForSight VISION5 Completes $15MM Series C Funding Round; Company Finishes Enrolling Phase 2 Clinical Study MENLO PARK, Calif., April 16, 2014 /PRNewswire/ -- ForSight VISION5 is pleased to announce...

Oxford Finance Closes $15 Million Senior Credit Facility with RF Surgical Systems

ALEXANDRIA, Va. -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that a $15...

Boston Scientific Announces FDA Approval Of Innovative New Defibrillators And Heart Failure Devices

Boston Scientific Announces FDA Approval Of Innovative New Defibrillators And Heart Failure Devices NATICK, Mass., April 15, 2014 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) has...

St. Jude Medical Reports First Quarter 2014 Results

ST. PAUL, Minn.-- St. Jude Medical, Inc. (NYSE:STJ) today reported sales and net earnings for the first quarter ended March 29, 2014. First quarter highlights: Constant currency sales increased 4...

QIAGEN expands and upgrades Germantown facilities and consolidates Maryland sites into two campuses

QIAGEN today announced plans to combine its three Maryland sites into two campuses and invest an additional $10 million to accommodate expected future growth. The company will close its current site...

TriVascular Technologies, Inc. Announces Pricing of Initial Public Offering

SANTA ROSA, Calif., April 15, 2014 -- TriVascular Technologies, Inc. (Nasdaq:TRIV), manufacturer of the Ovation Prime™ Abdominal Stent Graft System, today announced the pricing of its initial...

VisionCare Appoints Industry Veterans, Mark Forchette, and John Ryan of ONSET Ventures to its Board of Directors

SARATOGA, Calif., April 15, 2014 /PRNewswire/ -- VisionCare Ophthalmic Technologies, Inc., a developer of adv

CROMSOURCE Expands European Headquarters - Opens New Office Building

CROMSOURCE, an international full service contract research organization (CRO), today announced the official opening of a new office building in Verona, Italy. (Photo:...

Kalila Medical Inc., A Shifamed Portfolio Company, Announces Strategic Funding Partnership With Merieux Developpement

CAMPBELL, Calif., April 15, 2014 -- Kalila Medical, a privately held medical device company focused on the development of next generation steerable catheter technologies, announced today that...

TransEnterix, Inc. Prices Public Offering of Common Stock

TransEnterix, Inc. Prices Public Offering of Common Stock Trading on NYSE MKT to Begin April 15, 2014 April 14, 2014 05:20 PM Eastern Daylight Time RESEARCH TRIANGLE PARK, N.C.--(...

Johnson & Johnson Reports 2014 First-Quarter Results

Sales of $18.1 Billion increased 3.5% Versus 2013 First Quarter; First-Quarter EPS was $1.64 Excluding Special Items, 2014 First-Quarter EPS of $1.54 increased 6.9%* NEW BRUNSWICK, N.J., April 15,...

Medtronic to Appeal Federal District Court Ruling

Medtronic to Appeal Federal District Court Ruling MINNEAPOLIS - April 11, 2014 - The Federal District Court of Delaware today granted in part Edwards Lifesciences' motion for a preliminary...

Syneron Receives US FDA Clearance to Market the UltraShape System for Fat Cell Destruction

Positions Syneron with Disruptive Product Offering in Fast Growing Body Contouring and Fat Treatment Market Syneron Medical Ltd. (NASDAQ: ELOS), a global market leader in the aesthetic medical...

ROX Medical completes enrollment in CONTROL-HTN trial

SAN CLEMENTE, Calif., April 14, 2014 -- ROX Medical today announced it has completed enrollment for CONTROL-HTN trial, an international multi center, prospective, randomized, controlled, blinded...

Covidien Announces U.S. Food and Drug Administration 510(k) Clearance for the Kangaroo™ Feeding Tube with IRIS Technology

DUBLIN, Ireland--()--Covidien plc (NYSE: COV) today announced U.S. Food and Drug Administration 510(k) Clearance for the Kangaroo™ feeding tube with IRIS Technology. This...