1. Articles in category: Other Business News

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    1. UC SD Health Center Using Tiny Optic Camera for Peripheral Artery Disease Patients

      UC SD Health Center Using Tiny Optic Camera for Peripheral Artery Disease Patients

      A catheter equipped with a tiny fiber optic camera is now being used at UC San Diego Health to treat patients with peripheral artery disease , a build-up of plaque that blocks blood flow in the arteries of the legs and feet, it was announced Monday. The technology, approved by federal authorities in March, has been used on 10 patients so far at the Sulpizio Cardiovascular Center. UCSD Health said it is the only medical group in San Diego using the device, which allows physicians to see inside arteries for the first time, and by using the visual cues, remove plaque ...

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      Mentions: Avinger
    2. New Catheter Lets Doctors See Inside Arteries for the First Time

      New Catheter Lets Doctors See  Inside Arteries for the First Time

      Cardiologists at Sulpizio Cardiovascular Center at UC San Diego Health are the first in the region to use a new, high-tech catheter that allows them to see inside arteries for the first time — cutting out only the diseased tissue. The new technology is used to remove plaque from clogged arteries, a procedure that can save and improve lives. Cardiologist Dr. Mitul Patel The new image-guided device, Avinger’s Pantheris Lumivascular atherectomy system, allows doctors to see and remove plaque simultaneously during an atherectomy – a minimally invasive procedure that involves cutting plaque away from the artery and clearing it out to ...

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      Mentions: FDA Avinger
    3. Heidelberg receives FDA clearance to market Spectralis OCT glaucoma module

      Heidelberg receives FDA clearance to market Spectralis OCT glaucoma module

      Heidelberg Engineering received 510(k) clearance from the FDA to market the Spectralis OCT Glaucoma Module Premium Edition, which creates an anatomic map unique to each patient’s eye. The module provides clinicians with objective and automatic measurement parameters for increased diagnostic accuracy, according to a company press release. It utilizes a new technology called Anatomic Positioning System, which uses the center of the fovea and the center of Bruch’s membrane opening to create an anatomic map of the eye. Each scan thereafter is automatically oriented according to each patient’s unique anatomic eye map. In addition, the module ...

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    4. Heidelberg Engineering Receives FDA Clearance to Market SPECTRALIS® OCT Glaucoma Module Premium Edition

      Heidelberg Engineering Receives FDA Clearance to Market SPECTRALIS® OCT Glaucoma Module Premium Edition

      The Glaucoma Module Premium Edition for SPECTRALIS provides a comprehensive analysis of the optic nerve head, retinal nerve fiber layer, and ganglion cell layer by precisely matching unique scan patterns to the fine anatomic structures relevant in glaucoma diagnostics. By means of a new proprietary technology called the Anatomic Positioning System, the module creates an anatomic map unique to each patient’s eye using two fixed, structural landmarks: the center of the fovea and the center of Bruch’s membrane opening. All subsequent scan protocols are automatically oriented according to each eye’s unique anatomic map, enabling a precise examination ...

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    5. SP Devices launches the world’s first 14-bit resolution digitizer for Optical Coherence Tomography (OCT) applications - e2v

      SP Devices launches the world’s first 14-bit resolution digitizer for Optical Coherence Tomography (OCT) applications - e2v

      SP Devices, an e2v company, has launched the ADQ14OCT, the first 14-bit digitizer for Swept-Source (SS) Optical Coherence Tomography (OCT) that offers unrivalled noise and distortion performance. Built on SP Devices’ original 14-bit digitizer, the ADQ14OCT has been optimised for the SS-OCT market through variable clock input compatability of 10-1000 MHz and the addition of embedded signal processing functions in the Field-Programmable Gate Array (FPGA). These changes facilitate a simplified system design that increases overall system performance to match the most challenging measurement situations. The ADQ14OCT utilizes the longest embedded Fast Fourier Transform (FFT) in OCT digitizers and sustains streaming ...

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      Mentions: e2v
    6. Optovue Launches Vault Mapping at Vision Expo West for Scleral Contact Lens Fitting

      Optovue Launches Vault Mapping at Vision Expo West for Scleral Contact Lens Fitting

      Optovue, the global leader in the development of optical coherence tomography (OCT) and OCT angiography (OCTA), introduced Vault Mapping for all iSeries OCT systems this week at the International Vision Expo West , Sept. 15-17. The new Vault Mapping software can be used to assist in scleral lens fitting by allowing visualization and mapping of the central corneal clearance (CCC), a key measurement related to how well the lens rests on the eye. Optovue also introduced its proprietary AngioVue™ Imaging System to the optometry market and announced two in-booth presentations -- one on Vault Mapping by Jeffrey Sonsino, OD, and one on ...

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      Mentions: Optovue
    7. Compact Imaging to Demonstrate Sub-dermal Fingerprint for Presentation Attack Detection At GIS2016 in Tampa

      Compact Imaging to Demonstrate Sub-dermal Fingerprint for  Presentation Attack Detection At GIS2016 in Tampa

      Compact Imaging, Inc., a Silicon Valley company developing small, low-cost optical sensors for the rapidly growing biometric security, personal health monitoring and non-destructive testing (NDT) markets, today announced that it will demonstrate its MRO™ subsurface scanning technology at the Global Identity Summit 2016 (GIS2016), Sept. 19-22, in Tampa. Compact Imaging's breakthrough MRO™ (Multiple Reference OCT) technology brings non-invasive OCT (optical coherence tomography) depth scanning to high volume field applications that require small size and low cost, such as biometric collection systems. Previously, OCT had been limited by its large size, high cost and extreme complexity in clinical and laboratory ...

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    8. Avinger Signs Agreement with HealthTrust for Lumivascular Technology

      Avinger Signs Agreement with HealthTrust for Lumivascular Technology

      Avinger, Inc. (NASDAQ: AVGR ), a developer of innovative treatments for peripheral artery disease (PAD), today announced it has signed an agreement with HealthTrust. The agreement establishes terms under which members of the HealthTrust group purchasing organization may acquire Avinger’s portfolio of technologies designed to treat PAD, including Avinger’s Pantheris TM Optical Coherence Tomography (OCT) image-guided atherectomy system, which recently received 510(k) clearance from the United States Food & Drug Administration (FDA). The agreement becomes effective September 15, 2016. Pantheris is a minimally invasive treatment for peripheral artery disease in which a catheter-based device is used to remove plaque ...

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      Mentions: FDA Avinger
    9. Avinger Signs Agreement with U.S. Department of Veterans Affairs for Lumivascular Technology

      Avinger Signs Agreement with U.S. Department of Veterans Affairs for Lumivascular Technology

      Avinger, Inc a developer of innovative treatments for peripheral artery disease (PAD), today announced the company has received an FSS Contract Award from the U.S. Department of Veterans Affairs (VA) which establishes terms under which VA hospitals across the country may acquire Avinger’s portfolio of Optical Coherence Tomography (OCT) image-guided catheters for their veterans hospitals. VA operates the nation's largest integrated health care system, with more than 1,700 hospitals, clinics, community living centers, domiciliaries, readjustment counseling centers, and other facilities. “We’re thrilled that our Lumivascular technologies will now be available to the men and women ...

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    10. Optovue Announces DualTrac Motion Correction Technology for Faster, Improved Imaging

      Optovue Announces DualTrac Motion Correction Technology for Faster, Improved Imaging

      Company to Host Educational Symposium on OCT Angiography Optovue, the global leader in the development of optical coherence tomography (OCT) and OCT angiography (OCTA), today announced the availability of DualTrac™ Motion Correction technology on the AngioVue™ Imaging System at the 34th Annual Scientific meeting of the American Society of Retina Specialists (ASRS) in San Francisco (Booth #801). DualTrac Motion Correction is a two-level approach to correcting motion artifact on patients who have difficulty focusing on a central visual point during an eye exam, which is essential for high-quality OCTA imaging. According to David Sarraf, M.D., Clinical Professor of Ophthalmology ...

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    11. Optovue Announces New Distribution Agreement With ROCOL in Colombia

      Optovue Announces New Distribution Agreement With ROCOL in Colombia

      Optovue, the global leader in the development and commercialization of optical coherence tomography angiography (OCTA), today announced a partnership with ROCOL SA, a medical equipment distributor in Colombia. ROCOL focuses on providing the highest quality products in the areas of ophthalmology, oncology, aesthetics and surgery. "Optovue is extremely proud to be partnering with one of the premier leaders in the marketing and distribution of ophthalmology products in Colombia," said John Hawley, senior vice president, global sales for Optovue. "ROCOL has superb relationships with doctors, a strong understanding of patient care, and a successful track record of representing high-end, leading technologies ...

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      Mentions: Optovue
    12. Biophotonics Market To Gain From Mounting Demand For Early Diagnosis Till 2024: Grand View Research, Inc.

      Biophotonics Market To Gain From Mounting Demand For Early Diagnosis Till 2024: Grand View Research, Inc.

      The global biophotonics market was valued at USD 34.29 billion in 2015, which is estimated to reach USD 91.31 billion by 2024, according to a new report by Grand View Research, Inc. The developments in optical technologies, increasing investigations by researchers, and mounting demand for early diagnosis are anticipated to drive the market growth over the forecast period. Biophotonics, being an evolving area of scientific research, has several applications due its ability to harnesses light for comprehending the functioning of cells and tissue in living organisms. This further aids in the better diagnosis of health problems. Biophotonics market ...

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    13. Topcon : Receives FDA Clearance for the 3D OCT-1 Maestro

      Topcon : Receives FDA Clearance for the 3D OCT-1 Maestro

      opcon Corporation, (Headquarters: Itabashi, Tokyo Japan; President and CEO: Satoshi Hirano) (referred to as 'Topcon' from hereon) today announced that the U.S. Food and Drug Administration (FDA) has cleared the 3D OCT-1 Maestro and anticipates a successful launch in the U.S. market. 3D Optical Coherence Tomography is the most advanced ophthalmology diagnosis support system that acquires the cross sectional images of the posterior segment including optic nerve head and macular area. By scanning light beam across the back part of the eye, three dimensional data is collected. By analyzing the volumetric data, variety of analysis such as visualization ...

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    14. Avinger Offers A Better Mousetrap, But A Lot Of Challenges

      Avinger Offers A Better Mousetrap, But A Lot Of Challenges

      Summary: Adding high-quality imaging to mechanical atherectomy could be a powerful combination that finally ignites a $500 million-plus market that has long frustrated med-tech watchers. Avinger is short on cash and has a lot of spending to do to drive market share into the teens and beyond; dilution seems like a certainty today. An EV/revenue multiple between 4.5x and 5x supports a $7 FV today, and high-growth med-tech stocks can trade well above 5x forward revenue during the good times.

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    15. Optical Coherence Tomography, a new tool for pre-clinical research applications

      Optical Coherence Tomography, a new tool for pre-clinical research applications

      Leica Microsystems now offers Optical Coherence Tomography (OCT), imaging systems which utilize optical interferometry, similar to holography, to produce images of internal tissue microstructures. This new and non-invasive tool can be applied to clinical ophthalmology and pre-clinical research . Besides that, it uses low-power, near-infrared light to create cross-sectional views of the target structure. Thanks to these characteristics, the Optical Coherence Tomography imaging systems provide customers with non-contact real-time imaging for enhanced visualization, publishing, examination, and diagnosis. Credit: Leica Microsystems Whether the aim is to improve productivity in translational research or reduce costs associated with pre-clinical discovery and development, the Bioptigen ...

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      Mentions: Bioptigen Leica
    16. Optovue announces new AngioVue Retina imaging option commercial availability

      Optovue announces new AngioVue Retina imaging option commercial availability

      Haag-Streit UK (HS-UK), the leading manufacturer and distributor of gold-standard optometry and ophthalmic equipment, is pleased to announce the immediate availability of Optovue AngioVue Retina, a proprietary imaging option that provides retina specialists with a non-invasive, dyeless way to quickly visualise blood flow in the retina. AngioVue Retina is configured with essential OCT-A and OCT features, designed specifically for retinal practices to allow adoption of OCT and OCT-A into the clinical workflow with minimal disruption. John Hawley, Senior Vice President of global sales for Optovue, said, “By adding AngioVue Retina to our product portfolio, we are able to help retinal ...

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      Mentions: Optovue Haag-Streit
    17. Haag-Streit UK host a successful OCT-Angiography Evening Meeting

      Haag-Streit UK host a successful OCT-Angiography Evening Meeting

      Haag-Streit UK , the leading manufacturer and distributor of gold-standard optometry and ophthalmic equipment, hosted a successful OCT-Angiography (OCT-A) Evening Meeting at Austin Court in Birmingham on Monday 23rd May. The meeting, scheduled to coincide with the Royal College of Ophthalmologists (RCO) Annual Congress Retina Day, was well-attended with some fifty delegates eager to hear an expert faculty describe the latest developments in OCT-A. Delegates were given the opportunity to have some hands-on experience with the AngioVue system before the lectures began. The meeting was chaired by Grant Duncan, HS-UK’s Clinical Training Manager. The programme started with a talk about ...

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    18. OPTOVUE ANNOUNCES NEW ANGIOVUE RETINA IMAGING SYSTEM COMMERCIAL AVAILABILITY

      OPTOVUE ANNOUNCES NEW ANGIOVUE RETINA IMAGING SYSTEM COMMERCIAL AVAILABILITY

      Optovue, the global leader in the development of optical coherence tomography ( OCT ) and OCT angiography ( OCTA ), today announced immediate availability of AngioVue™ Retina , a proprietary imaging system that provides retina specialists with a non-invasive, dyeless way to quickly visualize blood flow in the retina, the light sensitive portion in the back of the eye. AngioVue Retina is configured with essential OCTA and OCT features designed specifically for retinal practices to allow adoption of OCT and OCTA into the clinical workflow with minimal disruption. “By adding AngioVue Retina to our product portfolio, we are able to help retinal physicians acquire OCTA ...

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      Mentions: Optovue FDA
    19. Perimeter Medical Imaging Receives FDA Clearance for OTISTM Optical Tissue Imaging System

      Perimeter Medical Imaging Receives FDA Clearance for OTISTM Optical Tissue Imaging System

      Perimeter Medical Imaging, Inc., an innovative medical imaging company whose mission is to revolutionize tissue removal surgery for surgeons and patients, today announced receipt of U.S. Food and Drug Administration (FDA) 510(k) clearance for its OTIS TM 1.0 Optical Coherence Tomography System. The OTIS™ provides high-resolution, real-time imaging of the periphery of excised tissue, enabling clinicians to visualize sub-surface structures up to 2 mm below the surface. These sub-surface structures would otherwise not be evident until days – and often weeks – later when conventional histology slides are available for review. Dr. Ted James, Medical Director of Skin & Soft ...

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    20. NinePoint Medical Strengthens Sales Leadership by appointing John Temple as Vice President of Sales

      NinePoint Medical Strengthens Sales Leadership by appointing John Temple as Vice President of Sales

      NinePoint Medical, Inc., a transformative medical device company that is pioneering the clinical use of a real-time imaging platform based upon a proprietary optical coherence tomography (OCT) technology, announced today the appointment of John Temple as Vice President of Sales. Mr. Temple reports directly to NinePoint Medical’s President and CEO, Christopher R. von Jako, Ph.D. “We are delighted to welcome such an accomplished sales executive to the NinePoint Medical team. Not only does John bring tremendous commercial leadership experience, but also in-depth gastroenterology industry knowledge and relationships,” said Dr. von Jako. “John’s exceptional track record will be ...

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    21. VivoSight OCT used to visualize vascular networks in melanoma and non-melanoma skin cancers

      VivoSight OCT used to visualize vascular networks in melanoma and non-melanoma skin cancers

      Maidstone, UK, 3rd May 2016 New results have been published in Dermatology Online demonstrating that Michelson Diagnostics’ VivoSight OCT scanner can be used to image the blood vessel networks grown by skin cancers, and showing that skin lesions could be differentiated using their characteristic vascular patterns. This new technology may become a powerful tool in the dermatologists’s toolkit for the diagnosis of skin cancer and other conditions. The paper, entitled “Speckle-variance optical coherence tomography: a novel approach to skin cancer characterization using vascular patterns” was by Dr Orit Markowitz and co-workers from SUNY Downstate Medical Center, New Your Harbor ...

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    22. SS-OCT PCIe Card from Keysight Technologies

      SS-OCT PCIe Card from Keysight Technologies

      Keysight Technologies Inc. offers swept source optical coherence tomography (SS-OCT) application options for the U5303A compact, dual-channel ADC card, delivering high dynamic range and a high effective number of bits for enhanced image quality. The new options support up to 1 GS/s on the 12-bit, high-speed data acquisition peripheral component interconnect express (PCIe) card. Image acquisition is featured at a rate of 200 kHz, continuously. The real-time processing solution allows OEMs to develop SS-OCT engines using the development environment provided, which includes a graphical user interface and C++ programming language. The new options also ensure improved spurious-free dynamic range ...

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    23. Abbott Agrees to Buy St. Jude in $25 Billion Deal

      Abbott Agrees to Buy St. Jude in $25 Billion Deal

      Abbott Laboratories agreed to acquire St. Jude Medical Inc. in a cash-and-stock deal valued at $25 billion that would create one of the leading makers of heart-related devices. Under the deal, Abbott agreed to swap $46.75 in cash and 0.8708 shares for each St. Jude share. The offer values each St. Jude share at about $85, representing a 37% premium to the stock’s closing price Wednesday. Shares of Abbott fell 7% to $40.60 in early trading, while St. Jude rose 25% to $77.70. The companies said the deal merges St. Jude’s strong positions in ...

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      Mentions: St. Jude Medical
    24. Carmen A. Puliafito, MD, MBA, Former Dean of Keck School of Medicine of the University of Southern California, Joins Ophthotech as Chief of Strategic Development

      Carmen A. Puliafito, MD, MBA, Former Dean of Keck School of Medicine of the University of Southern California, Joins Ophthotech as Chief of Strategic Development

      Ophthotech Corporation (NASDAQ: OPHT) announced today the appointment of Carmen A. Puliafito, MD, MBA, as Chief of Strategic Development. As one of the world's leading experts in ophthalmology and health management, Dr. Puliafito's highly distinguished career includes serving most recently as the Dean of the Keck School of Medicine of the University of Southern California, a position that he held from 2007 to 2016. Under his leadership of 4,000 employees and 1,700 faculty members, the Keck School of Medicine has become one of the nation's preeminent research-intensive medical schools. Dr. Puliafito's prolific accomplishments at ...

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