What You Should Know:
- Israeli-based G Medical Innovation has withdrawn its plans for an initial public offering (IPO) on Tuesday, Nasdaq first reports.
- The company originally filed
an IPO to raise $30 million by offering 5 million shares at a price range of $5
to $7 last month to list on the Nasdaq under the symbol GMVD.
- The recent withdrawal marks the company's second
attempt to go public in the US, previously filing in May 2019 and withdrawing
the following August. The company
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Medical Devices | FDA | News, Analysis, Insights - HIT Consultant
KLAS Spotlight on Zoom for Healthcare Examines Early Outcomes
Source: Zoom
KLAS recently issued a Spotlight on Zoom for healthcare. KLAS Spotlights are first looks at new and emerging technology. Everyone knows Zoom, but how well does the solution perform for healthcare organizations looking to handle the immediate demands created by COVID-19 as well as develop long-term strategic initiatives? In this Spotlight, KLAS examines the early outcomes and satisfaction of some of Zoom’s healthcare customers.
Zoom Key Strengths & Challenges for
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Intuitive Launches $100M Venture Fund to Accelerate Future of Minimally Invasive Care
What You Should Know:
- Technology leader Intuitive forms $100M
inaugural fund to invest in the future leaders of minimally invasive care.
- The venture fund will invest in innovative early-stage companies across digital, medical device, therapeutic, and diagnostic domains. that will support independent initiatives in the direct and adjacent fields of minimally invasive care.
Intuitive,
a Sunnyvale, CA-based technology leader in minimally invasive care and the
pioneer of
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FundamentalVR Expands VR Surgical Capabilities to Ophthalmology
What
You Should Know:
- Today, FundamentalVR, global pioneers in immersive VR
surgical skills training and skills data analytics, announced the expansion of
its surgical specialty capabilities with the addition of ophthalmology. The new
capabilities allow it to support medical device and life science companies in
improving the way they bring new tools and procedures to market.
- Powered by the company’s patented HapticVR™
technology that mimics the physical cues of surgical
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FDA Launches Digital Health Center of Excellence: 5 Things to Know
What You Should Know:
- FDA launches the Digital Health Center of Excellence within
the Center for Devices and Radiological Health (CDRH) focused on mobile health
devices, Software as a Medical Device (SaMD), wearables when used as a medical
device, and technologies used to study medical products.
- The Digital Health Center of Excellence is part of an effort to modernize digital health policies and regulatory approaches and provide efficient access to highly specialized expertise,
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Backed by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform
What You Should Know:
- Osso VR raises $14M in Series A funding led by Kaiser
Permanente Ventures (KPV) to expand its virtual reality (VR) surgical training
platform.
- Using immersive VR technology, Osso VR’s scalable platform offers a realistic, hands-on training environment that leads to real-world performance gains and ultimately improved patient outcomes.
Osso VR, a Palo Alto, CA-based validated Virtual Reality (VR) surgical training platform, today announced it has raised $14M
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Corindus Vascular Robotics CEO Departure, UPMC Enterprises’ New President, Nordic Consulting’s New CIO, Other Health IT Hires
Mark Toland, Partner, Biostar Capital
Mark Toland, CEO of Corindus Vascular Robotics (acquired by Siemens for $1.1B last year), has announced his departure and will be joining BioStar Capital, a health-tech venture capital group focused on cardiovascular and orthopedic medical devices. As a partner and entrepreneur in residence, Mark will help to identify and develop innovative companies leveraging AI, deep learning, robotics, and other transformative technologies that address a wide range of
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Redox Interoperability Platform Now Available in AWS Marketplace
What You Should Know:
- Today, Redox announced the availability of the Redox
EHR Integration in AWS Marketplace. Now, healthcare providers and vendors can
access the largest package of pre-built EHR integrations and achieve value from
applications more quickly and easily.
- The digital transformation of healthcare has gained
momentum this year, and AWS is one of many tech giants working to spur
innovation in healthcare. AWS Marketplace is a platform that helps healthcare
organizations
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Medigate Raises $30M for Medical & IoT Device Security Solution
What You Should Know:
- Medigate announced $30M in Series B financing to expand its medical and IoT device security solution to ensure patient privacy and safety.
- Medigate fuses the knowledge and understanding of
medical workflow and device identity and protocols with the reality of today’s
cybersecurity threats. With Medigate, hospital networks can safely operate all
medical devices on their network, enabling deployment of existing and new
devices to patients while ensuring privacy and
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Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital
Jim Momtazee,
Managing Partner at Patient Square Capital
What You Should Know:
- Former KKR veteran Jim Momtazee announced the launch of
Patient Square Capital, a partnership being purpose-built to become the
preeminent investment firm in healthcare.
- Patient Square will partner with best-in-class
management teams whose products, services, and technologies improve
health.
- Prior to Patient Square, he spent over 21 years
at KKR, initially joining in 1996. He helped
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