Fundings for medical technologies in April 2015 reached $615 million, led by the huge $225 million funding of Intarcia Therapeutics.
Below are the top fundings for the month.
|Intarcia Therapeutics has raised $225 million in a round of funding according to the company||Subcutaneous, osmotic pump for drug delivery in type 2 diabetes|
|Mesoblast has raised $58.5 million in a round of funding by Celgene Corp.||Precursor and stem cells for cell therapy|
|MyoKardia, Inc., has raised $46 million in a round of funding according to a regulatory filing||Genetically based treatments for cardiomyopathies|
|Scanadu has raised $35 million in a Series B round of funding according to press reports||Device that enables patients to scan and upload diagnostic information|
|Neuronetics, Inc., has completed a $34.3 million Series F funding round, according to the company||Transcranial magnetic stimulation for the treatment of depression|
|Lombard Medical, Inc., has raised $26 million in financing from Oxford Finance, LLC||Stent grafts for treatment of abdominal aortic aneurysm|
|EBR Systems, Inc., has raised $20 million in a round of funding according to the company||Wireless cardiac pacing|
For the complete list of medtech fundings in April 2015, see link.
For a historical list of the individual fundings in medtech, by month, since 2009, see link.
In 2013, energy-based tissue ablation tools and techniques were used in hundreds of millions of procedures required, generating an estimated $12.4 billion in cumulative global sales. These total sales are projected to register a healthy growth over the forecast to the year 2020, reaching $16.8 billion by that time.
A new report published by Smithers Apex covers the global market for energy-based tissue ablation products. See link.
Below is a list of the technologies under development at companies recently identified and included in the Medtech Startups Database.
- Handheld ultrasound, MRI imaging device.
- Needle-free injection drug delivery.
- Lenses designed to correct imbalance between eyes and brain that cause certain migraines.
- Continuous blood glucose monitoring in diabetes.
- Customized prosthetic aortic valve.
- Cystoscope-implanted, stent-like device to treat urinary obstruction associated with benign prostatic hypertrophy.
- Endovascular treatment for abdominal aortic aneurysm.
- Respiratory therapy device based on “high frequency chest wall oscillation” for treatment of COPD, other respiratory disorders.
- Treatment of arrhythmia.
- Medical device commercialization company active in cardiovascular care, tissue ablation, medical infusions, hand surgery and laparoscopic surgery.
- Surgical visualization systems.
- Arthroscopic bone tunneler and other orthopedic surgical instrumentation.
- Brain stimulation to treat multiple disorders.
See link for a month-by-month listing of the technologies at companies in the Medtech Startups Database.