MassDevice.com +5 | The top 5 medtech stories for March 8, 2017

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. Court clears Caldera’s $12.3m transvaginal mesh settlement A California federal judge last week approved a $12.3 million deal to settle a number of insurance claims over injuries allegedly caused by Caldera Medical’s transvaginal mesh. Caldera’s insurer, Federal Insurance Co., will distribute $10.6 million to over 2,700 class members, as well as a $670,020 payment for attorney’s fees and costs in the case. Read more 4. VertiFlex closes $40m round to support expanded Superion commercialization VertiFlex said today it closed a $40 million round of financing to support its Superion indirect decompression system designed to treat moderate lumbar spinal stenosis. The round was led by newly invested Endeavour Vision and H.I.G. BioHealth Partners, and was joined by existing investors New Enterprise Associates, Thomas, McNerney & Parnters and Alta Partners. Read more 3. Virta Health looks to reverse, not treat, Type II diabetes Virta Health, founded by physicians and scientists from Stanford, MIT and Harvard, launched today with the goal to reverse Type II diab...
Source: Mass Device - Category: Medical Equipment Authors: Tags: News Well Plus 5 Source Type: news