MassDevice.com +5 | The top 5 medtech stories for July 11, 2016

Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry. Get this in your inbox everyday by subscribing to our newsletters.   5. FDA approves Insightec’s Exablate Neuro focused ultrasound device The FDA said today that it approved the Exablate Neuro device made by Insightec for treating essential tremor in patients who don’t respond to drug therapy. The Exablate Neuro device uses high-intensity, focused ultrasound to thermally ablate targeted tissue, guided by continuous magnetic resonance imaging; the procedure can be performed non-invasively through an intact skull. Read more 4. AcuFocus raises $2m in new debt round AcuFocus, which makes the Kamra eye inlay for treating nearsightedness, said it raised nearly $1.9 million in a round of debt funding. Irvine, Calif.-based AcuFocus said in a regulatory filing that the round included 14 unnamed investors. The company hopes to raise a total of $2.5 million, according to the filing. The company pulled in nearly $4.1 million an another debt round in March. Read more 3. Avita Medical pulls down $9m Avita Medical said yesterday that it raised $9 million in a partially underwritten rights issue for its ReCell device, which is designed to use a pa...
Source: Mass Device - Category: Medical Equipment Authors: Tags: News Well Plus 5 Source Type: news