MassDevice.com +5 | The top 5 medtech stories for December 22, 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. Milestone Scientific closes $3m round Milestone Scientific‘s said today it closed a $3 million round, selling approximately 2 million shares at $1.50 per share. Each share sold includes warrants for the purchase of an additional 0.75 common shares of stock, offering an additional total 1.5 million shares. Warrants offered in the round have a 3-year term and an exercise price of $2.55 per share, according to a press release. Read more 4. ZipLine Medical wins Chinese clearance, launches Zip surgical skin closure device ZipLine Medical said yesterday that it won Chinese FDA approval for its Zip surgical skin closure device and commercially launched the device in the region. The Campbell, Calif.-based company’s Zip is a low-cost, non-invasive skin closure device designed to be alternative to suturing and stapling and to cut down on surgical site-related infections. The device has 510(k) clearance from the FDA. Read more 3. NeuroMetrix raises $27m to buy back convertible shares, warrants NeuroMetrix said today that it raised $26.5 million in a public offering. The offering was...
Source: Mass Device - Category: Medical Equipment Authors: Tags: News Well Plus 5 Source Type: news