1. Articles in category: Other Business News

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    1. Optovue’s AngioVue Imaging System Receives FDA Clearance

      Optovue’s AngioVue Imaging System Receives FDA Clearance

      Optovue, the global leader in the development and commercialization of optical coherence tomography angiography (OCTA), today announced FDA clearance and immediate U.S. commercial availability of the AngioVue™** Imaging System, a groundbreaking technology that provides a non-invasive way to visualize abnormal blood vessels to help physicians determine an appropriate course of treatment. “We are thrilled to announce FDA clearance of our AngioVue System, which will bring the significant benefits of our innovative, non-invasive retinal imaging to patients in the U.S. who suffer from retinal diseases that lead to progressive blindness,” said Jay Wei, founder and chief executive officer at ...

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      Mentions: Optovue Jay Wei FDA
    2. Laser Zentrum Hannover develops presbyopia laser surgery model

      Laser Zentrum Hannover develops presbyopia laser surgery model

      A research effort involving Laser Zentrum Hannover (LZH) in Germany is developing a new, laser-based treatment for presbyopia – the condition that impacts near vision in people from around the age of 40 onwards. At the moment presbyopia – caused by the age-related stiffening of the lens in those affected – is usually treated with simple solutions like reading or bifocal glasses, with multi-focal contact lenses from the likes of Bausch + Lomb becoming available more recently. Some laser procedures have also been developed, but if successful the LZH-led project could lead to a "gentle" new femtosecond laser technique that makes tiny cuts in ...

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    3. Compact Imaging/NUI Galway Research Featured At Global Photonics Conference in San Francisco

      Compact Imaging/NUI Galway Research Featured  At Global Photonics Conference in San Francisco

      Researchers and technologists from Compact Imaging, Inc. (CI) and their research collaboration partner NUI Galway, who together are developing miniature optical sensors that noninvasively image and measure subsurface characteristics of human tissue, will have featured roles at the annual SPIE/Photonics West Conference, scheduled for February 13-18 at the Moscone Center in San Francisco. Prof. Martin J. Leahy, PhD, a key advisor to the Company and Chair of the Applied Physics Department at NUI Galway, will serve as a Conference chair and will present a significant paper on Compact Imaging’s innovative OCT technology, MRO™ (Multiple Reference OCT), titled, “The ...

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    4. St. Jude Medical Announces Launch of OPTIS Mobile System in Europe and Japan

      St. Jude Medical Announces Launch of OPTIS Mobile System in Europe and Japan

      St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced the launch of the company’s OPTIS™ Mobile System in Japan and Europe. The diagnostic system is designed to couple state-of-the-art optical coherence tomography (OCT) and angiography co-registration with fractional flow reserve (FFR) technology into one portable system for hospitals with multiple catheterization labs. OPTIS Mobile Integrated Lab (Photo: Business Wire) Driven by a global increase in vascular disease and enabled by advances in technology, the catheterization lab allows physicians to use minimally invasive percutaneous coronary intervention (PCI) procedures that give patients an alternative to open heart ...

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      Mentions: St. Jude Medical
    5. High resolution OCT system From NKT Photonics

      High resolution OCT system From NKT Photonics

      Optical Coherence Tomography (OCT) is a non-destructive analysis technique that can provide detailed information on refractive index variations and scattering on a micrometer scale for partly transmitting materials. Powered by our broadband SuperK EXTREME OCT laser in combination with the Thorlabs Ganymede OCT engine, the system provides an ultra high axial resolution of 1.2µm in tissue. With a lateral resolution down to 2.5µm, the system is a versatile tool for a multitude of applications ranging from tomography of small animals to non-destructive testing of industrial materials. The system is extremely flexible and allows the user to ...

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    6. Optovue Releases AngioAnalytics, World's First OCTA Blood Vessel Measurement Technology

      Optovue Releases AngioAnalytics, World's First OCTA Blood Vessel Measurement Technology

      Optovue , the global leader in the development and commercialization of optical coherence tomography angiography (OCTA), today announced commercial availability of AngioAnalytics™*, the next generation of its OCTA technology available on the AngioVue™ ** Imaging System, for use outside of the U.S. This new capability enables clinicians to quantify the density of blood flow in the retina, the light-sensitive portion of the eye, to help manage diseases that cause progressive blindness such as diabetic retinopathy or acute macular degeneration. Optovue also announced it will host an educational symposium at the World Ophthalmology Congress ( WOC 2016 ) entitled, "The Transformative Power of Quantitative ...

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    7. Optical Coherence Tomography Industry Has Provided Well Over 20,000 Person-Years of Direct Employment

      Optical Coherence Tomography Industry Has Provided Well Over 20,000 Person-Years of Direct Employment

      The field of Optical Coherence Tomography (OCT) has grown dramatically since its discovery in the early 1990’s. The commercialization and growth of OCT which has occurred over the past 25 years has been highly impactful, scientifically, clinically, and economically. Many factors have helped drive this success starting with the clinical need for new cost-effective high-resolution minimally-invasive imaging solutions for various diagnostic and therapeutic applications. But equally important to this success has been the worldwide ecosystem consisting of the intertwined role of scientists, engineers, clinicians, professional societies, government agencies, government funding, regulatory bodies, entrepreneurs, venture capitalists, and small and large ...

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    8. Leica Microsystems receives award as technology leader

      Leica Microsystems receives award as technology leader

      Frost & Sullivan recognizes subsidiary Bioptigen for their product innovation in OCT The research and consulting company Frost & Sullivan has recognized Leica Microsystems’ newly acquired Optical Coherence Tomography (OCT) company Bioptigen of Morrisville, North Carolina, USA, as a technology leader and pioneer of the North American ophthalmic imaging industry. The Frost & Sullivan Award ceremony took place January 13, 2016 in San Diego, USA. In their appraisal, Frost & Sullivan calls attention to the value represented in Bioptigen’s OCT solutions: “Frost & Sullivan recognizes the enormous value addition Bioptigen’s Envisu Spectral Domain (SD)-OCT platform brings to ophthalmic imaging.“ Particularly emphasized are ...

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      Mentions: Bioptigen FDA Leica
    9. Mirrorcle Technologies announces availability of 5.0mm diameter MEMS mirrors

      Mirrorcle Technologies announces availability of 5.0mm diameter MEMS mirrors

      Mirrorcle Technologies announces availability of 5.0mm diameter MEMS mirrors Mirrorcle Technologies introduces larger diameter MEMS mirrors at Photonics West 2016. In addition to its integrated mirrors ranging from 0.8mm to 2.4mm, and the modular ‘bonded’ mirrors from 0.8mm to 4.2mm in diameter, the company now presents devices with 5.0mm diameter size. These mirrors are able to accommodate larger beams, opening opportunities for a number of new applications as well as enhancing the capability of existing applications. Mirrorcle’s bonded MEMS mirror is a micro-assembly of a monolithically fabricated actuator ‘engine’ combined with a mirror ...

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    10. Chicago startup raises $3M for probe to prevent repeat cancer surgeries

      Chicago startup raises $3M for probe to prevent repeat cancer surgeries

      A c hicago-based company has raised $3.1 million to fund a clinical trial for its high-resolution imaging probes for cancer surgeons. Diagnostic Photonics, which launched in 2011 at the University of Illinois at Urbana-Champaign, hopes its technology will prevent multiple surgeries for cancer patients. The company is focusing efforts first on breast cancer because about 25 percent of affected women undergo multiple surgeries after lumpectomy, according to a study conducted by the University of Wisconsin Carbone Cancer Center in Madison. The repeat surgeries are often spurred by the “challenges of where does the cancer stop and normal tissues start ...

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    11. Skin Cancer Biopsied by Optical Scan

      Skin Cancer Biopsied by Optical Scan

      Apollo Medical Optics Inc. (Taipei, Taiwan) aims to revolutionize skin cancer detection without the need for invasive biopsies by using a single-crystal sapphire and yttrium aluminium garnet crystalline fibers—surrounded by glass and a flexible polymer cladding—to look-through the skin and image suspicious skin anomalies non-invasively, instead of taking a skin sample and risk releasing malignant cancer cells into the bloodstream. The current prototype, using single-crystal sapphire at its core, is being integrated into a desktop unit that physicians can use in the office to identify skin cancer in a matter of minutes, determine its size and if small ...

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    12. Zeiss Meditec sales cruise past €1BN

      Zeiss Meditec sales cruise past €1BN

      Carl Zeiss Meditec , the healthcare equipment division of the German optics giant Zeiss, has smashed its annual revenue target after posting sales in excess of €1 billion for the first time. At €1.04 billion, the publicly listed company’s revenues for the year ending September 30 were up 14 per cent on the previous 12 months . And although the weak euro currency accounts for nearly half of that growth rate, the result still saw the company’s stock price rise close to a 15-year high on the Frankfurt exchange. Leading the charge was Meditec’s surgical ophthalmology division, where ...

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    13. Leica receives FDA approval for EnFocus OCT

      Leica receives FDA approval for EnFocus OCT

      Leica Microsystems’ subsidiary Bioptigen receives FDA’s 510(k) clearance for EnFocus Leica Microsystems’ optical coherence tomography (OCT) division Bioptigen received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market its EnFocus intrasurgical OCT system. EnFocus is an upgrade solution for new and existing ophthalmic surgical microscopes, extending their capability. EnFocus allows visualization of ocular tissue microstructure during ophthalmic surgery in high-resolution, thereby providing both anterior and posterior surgeons with subsurface insight while operating. “The EnFocus intrasurgical OCT system provides excellent optical imaging performance for the surgeon employing a modular design which enables sharing between ...

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    14. Sales and profit up at Gooch & Housego

      Sales and profit up at Gooch & Housego

      Despite the closure of the its Florida operations a year ago, the G&H ranks have since swelled, with the company employing some 700 people as of September 30 (up from 664 a year earlier). In his statement, Webster highlighted a more targeted effort in research and development, where the company is now focused on a smaller number of projects run by a global R&D group. With industrial applications still representing nearly 60 per cent of G&H sales in fiscal 2015, one of the company’s ongoing priorities is to generate more revenues from the life sciences. Sales ...

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      Mentions: Gooch & Housego
    15. NinePoint, Under New Leadership, Bags $31M More For Imaging Tech

      NinePoint, Under New Leadership, Bags $31M More For Imaging Tech

      NinePoint Medical looks to have added roughly $31 million in financing to back its medical imaging technology. According to a regulatory filing , the Bedford, MA-based company has raised about $30.7 million in new venture funding and could add about $10 million more to the pot. The filing lists three investors: they appear to be founding backers Third Rock Ventures and Prospect Venture Partners, and relative newcomer Corning (NYSE: GLW ), which began investing in NinePoint when the company raised a $34 million Series B round in March 2014. Members of each of the three firms—Mark Levin (Third Rock), Russell ...

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    16. Leica Microsystems and NKT Photonics sign supercontinuum laser supply contract

      Leica Microsystems and NKT Photonics sign supercontinuum laser supply contract

      Leica Microsystems signed a 14-month supply contract with NKT Photonics to deliver significant numbers of its market-leading SuperK EXTREME supercontinuum lasers. The SuperK EXTREME powers the Leica TCS SP8 X high-end confocal microscope used globally for high-resolution bio imaging. NKT Photonics CTO, Christian Poulsen on the collaboration with Leica Microsystems: “We have worked with Leica Microsystems since 2005 and their World-renowned dedication to quality and performance has been a great benchmark for us in our product development. Today, we are proud to deliver the best supercontinuum lasers in the industry - lasers worthy of the iconic Leica logo.” CEO Basil Garabet ...

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      Mentions: NKT Photonics Leica
    17. ZEISS Presents Innovations That Support Ophthalmologists in Their Work

      ZEISS Presents Innovations That Support Ophthalmologists in Their Work

      At the 2015 Annual Meeting of the American Academy of Ophthalmology (AAO) in Las Vegas, ZEISS announces innovations for clinical excellence and practice performance in ophthalmology. In the field of retina and glaucoma, doctors can expand their treatment option based on the innovative ZEISS AngioPlex OCT Angiography that provides three-dimensional representations of the retina and the choroid, eliminating the risk of adverse reactions caused by injections into the eye: Blood vessels can now be displayed using optical coherence tomography (OCT). Furthermore, two new fundus cameras offer more detailed views in the diagnosis and follow-up of eye diseases. Cataract surgeons can ...

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    18. Avinger Successfully Completes Vision Ide Trial for Pantheris(TM)

      Avinger Successfully Completes Vision Ide Trial for Pantheris(TM)

      Avinger, Inc., (NASDAQ: AVGR ) a developer and manufacturer of image-guided, catheter-based systems for the treatment of peripheral arterial disease (PAD) and pioneer of the lumivascular approach to treating vascular disease, today announced that its Pantheris™ system has achieved all safety and efficacy endpoints in six-month follow-up data for its VISION IDE clinical trial. VISION was designed to evaluate the safety and effectiveness of Pantheris to perform directional atherectomy while for the first time ever allowing physicians to use real-time intravascular imaging to aid in the removal of plaque from diseased lower extremity arteries. VISION results from the 130 patients treated ...

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    19. Michelson Diagnostics: Use of VivoSight OCT Scanner Significantly Improves Early-Stage Diagnosis of Basal Cell Carcinoma and Reduces Need for Skin Biopsies

      Michelson Diagnostics: Use of VivoSight OCT Scanner Significantly Improves Early-Stage Diagnosis of Basal Cell Carcinoma and Reduces Need for Skin Biopsies

      Michelson Diagnostics, a medical device company focused on applications of multi-beam Optical Coherence Tomography (‘OCT’) technology, today announces data showing that use of its VivoSight OCT scanner significantly improves diagnosis of basal-cell carcinoma (BCC) at an earlier stage and reduces diagnostic biopsies by 36%. Scanning with VivoSight OCT provides clinicians with continuous images of the epidermis and superficial dermis of the skin that can be interpreted by a medical professional during the diagnostic process. The data, from a multi-centre, prospective study conducted in the US is published in the October issue of the Journal of Clinical and Aesthetic Dermatology . “The ...

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    20. Axsun Technologies announces acquisition and growth capital investment by Anzu Partners

      Axsun Technologies announces acquisition and growth capital investment by Anzu Partners

      Axsun Technologies announced that it has been successfully divested from Volcano Corporation, a subsidiary of Royal Philips, and acquired by Anzu Partners, an investment firm based in Washington DC. As part of the transaction, Axsun received a significant infusion of growth capital and an affiliate of Anzu Partners purchased the 65,000 square foot building in Billerica, MA that houses Axsun’s operations. Axsun’s experienced management team will remain in place. Jonathan Hartmann, currently VP/GM will lead the newly independent Axsun as CEO. Peter Whitney will continue as Chief Science Officer and VP of Engineering, leading technology and ...

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    21. Compact Imaging and Leading Irish University Bio-Photonics Laboratory Announce Second Extension of Innovative Research Collaboration

      Compact Imaging and Leading Irish University Bio-Photonics Laboratory Announce Second Extension of Innovative Research Collaboration

      Compact Imaging, Inc. (CI) ( www.compactimaging.com) and National University of Ireland Galway (NUI Galway) ( www.nuigalway.ie ) today jointly announced the second extension of their innovative research collaboration in MRO™ (Multiple Reference OCT), CI’s miniature low-cost optical sensor technology. MRO brings the powerful noninvasive imaging and biometry capabilities of optical coherence tomography (OCT) to high volume non-clinical applications, such as mobile health monitoring, identity verification and non-destructive testing (NDT). The original collaboration agreement was signed in 2012 and first extended in 2014. The new extension runs through 2017. “Compact Imaging’s MRO technology is highly disruptive, offering a ...

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    22. Avinger Announces Interim Six-Month VISION Trial Results at TCT 2015

      Avinger Announces Interim Six-Month VISION Trial Results at TCT 2015

      Avinger, Inc., ( AVGR ) a developer and manufacturer of image-guided, catheter-based systems for the treatment of peripheral arterial disease (PAD) and pioneer of the lumivascular approach to treating vascular disease, today announced interim six-month results for its VISION clinical trial. VISION is designed to evaluate the safety and effectiveness of the Pantheris(TM) system to perform directional atherectomy while for the first time ever allowing physicians to use real-time intravascular imaging to aid in the removal of plaque from diseased lower extremity arteries. VISION results were presented by Arne Schwindt, M.D. of St. Franziskus Hospital in Muenster, Germany, at the ...

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    23. Santec receives FDA Approval for ARGOS, Advanced Optical Biometer to measure eye parameters of patients before cataract surgery.

      Santec receives FDA Approval for ARGOS, Advanced Optical Biometer to measure eye parameters of patients before cataract surgery.

      Santec, a leading manufacturer of innovative lasers and optical components for fiber-optic telecommunications, sensing, medical and metrology markets announces that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance to market the ARGOS, Advanced Optical Biometer for use in intraocular lens (IOL) selection for patients with cataracts. The ARGOS delivers advantages of high measurement success rates, speed and accuracy to measure 9-essential parameters for IOL selection. The values acquired in less than 1-sec are: Axial Length, Corneal Thickness, Anterior Chamber Depth, Lens Thickness, Pupil Size, Corneal Diameter, K-values (K1, K2), Toric Angle. ARGOS provides a unique ...

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