Proteus snaps up $30M to take on heart failure

Proteus Biomedical Inc., a company developing microscopic electromechanical devices capable of one day treating or preventing congestive heart failure, brought in more than $30 million in its first call for fourth round financing. It’s original goal was $28.6 million, but CEO Andrew Thompson says the… Continue Reading

Life sciences briefing: Wednesday, Jan. 30, 2008

Life sciences briefing: Wednesday, Jan. 30, 2008

TODAY’S HEADLINES:

Arbor Surgical raises $20M for heart devices (release)
Small Bone Innovations acquires ankle-replacement maker Link America (release)
Active Implants adds $3M for hip and knee implants (VentureWire)
Clarian Health Partners launches VC unit with $25M (release)
Iroko Pharma acquires non-U.S. rights to Merck heart drug (release)
Remmele Engineering acquires… Continue Reading

Life sciences briefing: Monday, Dec. 31, 2007

Life sciences briefing: Monday, Dec. 31, 2007

TODAY’S HEADLINES:

PowerVision pulls in $20M for intraocular lenses (VentureWire)
Heart device maker Mitralign raises $24M (release)
LifeOnKey, electronic medical-record IT firm, draws $5M of $10M round (Globes)
Merrion Pharma withdraws IPO filing (Edgar)
Hi-Tech Pharmacal acquires Midlothian Labs for $5M (release)
Anti-infective developer Calixa receives $15M (VW)

PowerVision pulls in $20M… Continue Reading

Life sciences briefing: Wednesday, Dec. 12, 2007

Life sciences briefing: Wednesday, Dec. 12, 2007

TODAY’S HEADLINES:

Topical Botox maker Revance gets $43M, option to be acquired by Medicis (release)
Reva Medical draws $42M for resorbable stents (release)
AccentCare raises $8M for senior home-care services (VentureWire, sub req’d)
Light Dimensions aims for $6M for light-based skin treatment (VW)
Carigent pulls in $2M for nanoparticle drugs… Continue Reading

Life sciences briefing: Tuesday, Dec. 4, 2007

Life sciences briefing: Tuesday, Dec. 4, 2007

Featured companies: AgraQuest, BridgeHealth, CardioMems, Collegium Pharmaceutical, Emergin, Entegrion, gDiapers, Precision Therapeutics, PregLem

UPDATED: Expanded items on Entegrion, Collegium, and gDiapers. Added CardioMems item. New items posted on AgraQuest (link), BridgeHealth (link) and Precision Therapeutics (link).

Entegrion draws $4.7M for bleeding control — Entegrion, a Research Triangle Park, N.C.,… Continue Reading

Life sciences briefing: Monday, Sept. 10, 2007

Life sciences briefing: Monday, Sept. 10, 2007

Featured companies: BioVascular, Carefx, ClinResearch, Healthcare Management Directions, NanoCor, OxyPlus, Revitus, Spotlight Surgical, United BioSource

UPDATED: See below.

Healthcare IT provider Carefx pulls in $17.9M — Carefx, a Scottsdale, Ariz., provider of hardware and software that “aggregates” patient records, has raised $17.85 million in a third funding round, Private… Continue Reading

InnerPulse, abnormal heart rhythms treatment co., raises $50M

InnerPulse, a North Carolina company developing treatments for abnormal heart rhythms, said it has raised $50 million in new equity financing.

The syndicate of investors included Johnson & Johnson Development Corporation, Medtronic, Inc., Synergy Life Science Partners, Ascent Biomedical Ventures, Delphi Ventures and Frazier Heathcare… Continue Reading