MedTech

By Tammy Lovell 01:27 pm September 7, 2020
The UK government has released a proposed regime on the regulation of medical devices in Great Britain, Northern Ireland and the European Union post Brexit. Under the guidance, the Medicines and Healthcare products Regulatory Agency (MHRA) will continue to recognise CE marks and certificates issued by European Economic Area-based Notified Bodies until 30 June 2023. From 1 July, companies will...
By Sophie Porter 01:56 am August 4, 2020
Leaders from across the health sector released a joint statement underlining the potential of the recently-published draft proposal for a European Partnership for Health Innovation, or Innovative Health Initiative (IHI), released by the European Commission. The statement – which accounts for COCIR, EFPIA, EuropaBio, MedTech Europe and Vaccines Europe, all partners in the initiative – acknowledge...

Credit: Stephen Dawson

By Charles Alessi 01:34 am April 20, 2020
As COVID-19 sweeps around the world, we are starting to see countries exit from lockdown, others introducing more stringent lockdown and others relying on the resilience of their health and care systems to allow them to make changes which are more discreet and focused on trying to avoid the economic and political effects of more stringent approaches.  The explosion of data points Health and care...
By Sophie Porter 11:10 am February 18, 2020
US medical technology provider Medtronic has announced the acquisition of Digital Surgery, a UK-based company specialising in surgical AI and digital education and training. The purchase integrates Digital Surgery into Medtronic’s Surgical Robotics business, a subset of their Minimally Invasive Therapies Group. WHY IT MATTERS Medtronic is the largest medical device supplier in the world. By...
By Tammy Lovell 08:13 am December 10, 2019
Israeli MedTech venture capital fund Peregrine Ventures has just closed its fourth fund, Peregrine 4, raising $115m. Peregrine 4 will continue to invest in early stage and late stage rounds of medical technology startups. Its partners include some of the leading institutional and private equity investors from Israel, the US, Europe and Australia.  WHAT THEY DO Peregrine Ventures has been at the...
By Tammy Lovell 09:05 am September 30, 2019
Just 27% of 230 medical device makers surveyed expect to be in full compliance with the European Union’s Medical Device Regulation (MDR), which goes into effect in May next year, a study has found. The Regulatory Affairs Professionals Society (RAPS) and US tax, audit and advisory firm KPMG surveyed companies internationally, with 91% of participants from the EU and North America. Of those...

Above photo: Dr Vivian Balakrishnan (left), Minister for Foreign Affairs and Minister-in-charge of the Smart Nation initiative officiated the launch of Catalyst on August 19, 2019. Credit: Catalyst

By Dean Koh 02:46 am August 20, 2019
Singapore-based medtech startup Aardvark Labs and Padang & Co, an innovation catalyst, joined forces to launch Catalyst, a co-working space which aims to creates new partnerships that deliver real health outcomes and meaningful business impact in the healthcare industry. At Catalyst’s official launch on August 19, Memoranda of Understanding (MoUs) were signed between Aardvark Labs and...
By Leontina Postelnicu 10:40 am August 6, 2019
Munich-based venture capital firm Wellington Partners has closed its largest life sciences fund to date, at €210m, it was announced last week. German insurance company Talanx, KfW Capital, a subsidiary of KfW Group bringing together 20 VC experts, and the University of Texas/Texas A&M Investment Company participated in the fund, along with the European Investment Fund and European Investment...
By Dean Koh 05:18 am July 19, 2019
Much has happened in the healthtech landscape in the Asia Pacific (APAC) region in the first half of 2019 – according to Galen Growth Asia’s latest report for that period, APAC healthtech funding hit $2.5B across 140 deals. In this article, MobiHealth News looks at the healthtech landscape in APAC for the first half of 2019 across three broad areas: healthtech accelerators, notable funding rounds...
By Brian Dolan 02:41 am September 20, 2012
Princeton, New Jersey-based Tigerlabs announced the launch of a new healthcare IT accelerator, called Tigerlabs Health, which is located in the heart of Big Pharma in central New Jersey. The program will include mentors from leading pharma companies and likely other healthcare organizations, too. While there have been an increasing number of health accelerators launching in recent years,...