1. Articles in category: Other Business News

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    1. Michelson Diagnostics closes £2.5 million First Tranche of £4.0 million Series B fundraising Smith & Nephew as Cornerstone Investor

      Michelson Diagnostics closes £2.5 million First Tranche of £4.0 million Series B fundraising Smith & Nephew as Cornerstone Investor

      Michelson Diagnostics, the UK based medical device company focused on multi-beam Optical Coherence Tomography (‘OCT’) technology, is pleased to announce that it has closed the £2.5 million First Tranche of its Series B financing. This was led by strategic investor, global medical technology business Smith & Nephew and included new investor Kent County Council as well as existing investors. The £2.5 million investment will be used to expand the Michelson Diagnostics’ commercial presence in Germany; launch the Company’s next generation VivoSight OCT tissue-imaging system; complete the ongoing US multi-centre clinical biopsy avoidance study and explore further applications of ...

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    2. Smith & Nephew bets on technology that 'sees through the skin'

      Smith & Nephew bets on technology that 'sees through the skin'

      Smith & Nephew has bet on a new technology that enables doctors to "see through the skin", in the hope that it could be used by the company's growing wound care business. The med tech giant has invested £1.25m in Michelson Diagnostics, a small Kent-based business which uses laser beams to produce high resolution images of cells beneath the surface of the skin. Michelson's Vivosight system is already being used in place of biopsies to diagnose non-melanoma skin cancer , a less aggressive but more common variety of the disease compared with more deadly melanoma skin cancers. But the ...

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    3. Haag-Streit UK Unveils 2 Products from the Optovue Portfolio at 100% Optical

      Haag-Streit UK Unveils 2 Products from the Optovue Portfolio at 100% Optical

      Optovue products, the iScan and iFusion, at 100% Optical. Haag-Streit UK (HS-UK), the newly-appointed Optovue UK distributor, unveiled 2 Optovue products, the iScan and iFusion , at 100% Optical.

      The fully-automated iScan is easy-to-use and requires minimal training. It has a small footprint and is ideal for a range of clinical settings. The fully-integrated system includes a full suite of retina, optic nerve and anterior segment scans with normative database comparison. It detects the eye to be scanned, aligns the camera over the pupil and optimises the scan's signal strength. After completing scan acquisition, iScan evaluates each scan to ensure ...

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    4. Optovue Introduces Two New Configurations of Software-Assisted OCT Device

      Optovue Introduces Two New Configurations of Software-Assisted OCT Device

      Optovue, a pioneer in spectral-domain optical coherence tomography (SD-OCT), announced that it has launched two new configurations of its iScan TM software-assisted OCT system: iScan Essential and iScan Comprehensive. The two product configurations are intended to give practitioners a choice in how they bring OCT technology into their practices. Both iScan Essential and iScan Comprehensive were created to simplify OCT technology, thus making it accessible to a range of eye care professionals in any practice setting. iScan's software-assisted platform vocally guides the patient through the entire exam and requires minimal operator involvement. The system's compact footprint and tabletop ...

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      Mentions: Optovue OptiScan
    5. Voxeleron Releases Orion, Advanced OCT Analysis Software

      Voxeleron Releases Orion, Advanced OCT Analysis Software

      Orion™ is an application that offers fully-automated, rapid and accurate segmentation of seven layers in OCT images of the human retina. Currently for research use only, the award-winning software is platform independent - meaning it processes data from different OCT devices - and is now available following extensive beta testing. “We used Orion to process a considerable amount of data and found it to be a very useful research tool. The analysis tools that come with some of the OCT devices do not offer the functionality we need to do some of our fundamental clinical research, so Orion is a very powerful ...

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    6. Horizon Technology Finance Leads $15 Million Venture Loan Facility for NinePoint Medical

      Horizon Technology Finance Leads $15 Million Venture Loan Facility for NinePoint Medical

      Horizon Technology Finance Corporation ("Horizon") ( HRZN ), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries, today announced it has led a $15 million venture loan facility for NinePoint Medical, Inc. ("NinePoint"), an emerging leader in the development of medical devices for advanced optical imaging. NinePoint will use the proceeds for working capital purposes. Horizon funded an initial $5 million of its $7.5 million commitment under the venture loan facility. "We are pleased to lead a $15 million ...

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    7. Santec offers Electrically Pumped Tunable VCSEL HSL-1

      Santec offers Electrically Pumped Tunable VCSEL HSL-1

      Product Name: Tunable VCSEL Production code: HSL-1 Santec, a leading manufacturer of tunable lasers, optical instruments, and fiber-optic components, introduces the latest addition to its range of tunable lasers for spectroscopy and optical coherence tomography (OCT). The HSL-1 is based on advanced electrically pumped VCSEL (Vertical Cavity Surface Emitting Laser) technology. An attractive laser for SS-OCT applications the HSL-1 takes advantage of a number of features intrinsic to VCSELs to deliver best-in-class performance, including long coherence length, variable scan speed and low signal noise. The HSL-1 has been designed with system integration in mind; a compact, efficient package the laser ...

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      Mentions: Santec
    8. OFS Developes Optical Coherence Tomography Probes for Cardiovascular and GI Applications

      OFS Developes Optical Coherence Tomography  Probes for Cardiovascular and GI Applications

      OFS has been a part of the expanding adaptation of optical coherence tomography (OCT)—dominant in ophthalmology—using miniature optical fiber probes to see deep inside the body. The growth of applications, including cardiology, oncology, and gastroenterology, demonstrate the viability of the technology and the ultimate aim of improving our standard of healthcare. Optical Fiber Probes Supporting the adoption of OCT, OFS has developed the technology platform needed to build high quality optical fiber probes, with flexible tip lensing designs for b

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    9. Sensors Unlimited Introduces Fastest SWIR 2048-Pixel Line Scan Camera to Support Medical Diagnosis

      Sensors Unlimited Introduces Fastest SWIR 2048-Pixel Line Scan Camera to Support Medical Diagnosis

      Sensors Unlimited, a UTC Aerospace Systems business, has introduced its fastest 2k pixel shortwave infrared (SWIR) line scan camera. The GL2048R camera is specially-designed for applications in spectral-domain optical coherence tomography (SD-OCT), making it an ideal component for imaging the retina and choroid, the blood vessel below the retina. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE:UTX). The higher speed of this new SWIR camera allows the entire front of the eye – from the top of the cornea through to the bottom of the lens – to be imaged in literally the blink of an eye. Thus ...

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    10. Andy Hill Appointed Chief Executive Officer of Michelson Diagnostics

      Andy Hill Appointed Chief Executive Officer of Michelson Diagnostics

      Michelson Diagnostics, the UK based medical device company focused on multi-beam Optical Coherence Tomography (‘OCT’) technology, announces the appointment of Andy Hill as Chief Executive Officer, effective from 1 February 2015. Jon Holmes will remain with the Company and take up the newly created role of Chief Technology Officer. Andy, aged 52, has substantial commercial experience in the international medical device industry with a track record of building early stage businesses with new and disruptive technologies in a wide range of clinical settings. Most recently, Andy was CEO and co-founder of Intelligent Ultrasound, a medical imaging software spinout from the ...

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    11. Compact Imaging Granted Three New Patents for Miniature OCT Technology

      Compact Imaging Granted Three New Patents for Miniature OCT Technology

      Compact Imaging, Inc. (CI), an early stage technology company developing proprietary miniature optical sensors for the rapidly growing mobile personal health monitoring and fingerprint authentication markets, today announced that it has been granted three additional patents in the field. CI’s intellectual property base, consisting of 14 US patents and an equal number of pending US and foreign applications, is centered on MRO™, the Company’s proprietary miniature version of optical coherence tomography (OCT). OCT is a well-established, non-invasive, non-ionizing imaging technology widely used in clinical diagnostic applications, according to CEO Don Bogue. “Our miniature OCT architecture, MRO™, can be ...

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    12. Innoluce 2.5 mm Forward Looking OCT Catheter

      Innoluce 2.5 mm Forward Looking OCT Catheter

      A next step in forward looking OCT catheters has been made by Innoluce. A miniaturized MEMS mirror in the tip of the catheter allows for a forward looking OCT scan with a B-scan dimension of ~5mm. The catheter is designed to be used in liquid environment, to be started within the Bladder for cancer diagnostics, but other locations in the body are also possible. First OCT scans of a finger tip with the components showed already a good OCT image quality. Final assembly of the first forward looking OCT catheters is planned for the coming months. At the Photonics West ...

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      Mentions: Innoluce
    13. Cylite Introduces Hyperparallel Coherence Tomography

      Cylite Introduces Hyperparallel Coherence Tomography

      Metrology-level stability and accuracy meets best-in-class imaging Cylite Pty Ltd, an emergent optical technology development company, today announced its new Hyperparallel Coherence Tomography measurement and analysis platform. Hyperparallel Coherence Tomography is a unique 3D spectral imaging technology that can measure a two dimensional grid comprising in excess of a 1000 simultaneous high resolution depth scans over a 7.5 mm range at over 50 frames per second. This provides: Insensitivity to sample movement for clinical applications. Greatly enhanced frame registration due to multiple simultaneous surface measurements Dense B-scan and volumetric imaging over a very fine lateral grid. Lower cost implementation ...

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      Mentions: Cylite
    14. Heidelberg Engineering launches new software upgrade

      Heidelberg Engineering launches new software upgrade

      Heidelberg Engineering has launched new software for its Spectralis 6.00 OCT (pictured). Key features of the new software include faster image acquisition and more intuitive analysis. The company believes that the free download reinforces the benefits of the technology being an upgradeable platform. The upgrade enables Spectralis users to gain more information from both new and previously taken scans, providing full segmentation of the retinal layers and longitudinal section analysis for a top down view. It comes with a comprehensive tutorial, highlighting the access to information on the integrity of specific layers. Heidelberg Engineering clinical programme manager, Christopher Mody ...

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    15. Keysight PCIe data acquisition card has OCT capability

      Keysight PCIe data acquisition card has OCT capability

      Keysight Technologies has announced that the U5303A high-speed data acquisition 12-bit PCIe card, in collaboration with firmware firm YellowSys is available with an option dedicated to the optical coherence tomography (OCT) technology. The data acquisition card uses signal resampling to give stable ADC signal sampling with clock stability while acquiring the signal in order to avoid sampling cadence changes, which can occur when an external k-clock is used. The signal processing is done in real-time directly on the data acquisition card and not on the host PC. “OCT technology is evolving at a fast pace and we strongly believe in ...

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    16. Haag-Streit UK appointed sole distributor of the Optovue, Inc. portfolio in the UK

      Haag-Streit UK appointed sole distributor of the Optovue, Inc. portfolio in the UK

      Haag-Streit UK (HS-UK), the leading manufacturer and distributor of gold-standard optometry and ophthalmic equipment, is pleased to announce that it will be appointed sole distributor of the Optovue, Inc. product portfolio in the UK from 4th February 2015. Optovue, Inc, has a reputation for pushing the frontiers of innovation and ophthalmic medical diagnostic imaging with its Optical Coherence Tomography (OCT) product portfolio, which includes the: Angiovue OCT Angiography system, iVue, iFusion, iScan and XR Avanti OCT products. HS-UK will be taking over the UK distribution from Watford-based Grafton Optical, Optovue, Inc distributors since January 2007. Bill Shields, Vice President International ...

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    17. Adimec Demonstrates High-Resolution, High-Speed CoaXPress Cameras At Photonics West 2015

      Adimec Demonstrates High-Resolution, High-Speed CoaXPress Cameras At Photonics West 2015

      Adimec, a world leader in application-specific, leading-edge industrial camera solutions, will demonstrate several new innovations that expand what is possible with imaging including a new Quad CoaXPress high-speed area scan camera, the Q-12A180 at the SPIE Photonics West event in San Francisco, CA February 10th to 12th. The Q-12A180 camera utilizes the CMOSIS CMV12000 global shutter image sensor and is a 12 Megapixel CMOS global shutter camera that delivers images of 4096 x 3072 pixels at 187 frames per second (fps). It is equipped with the CoaXPress V1.1 Quad interface (4 x CXP-6) utilizing Adimec’s new 2 Gigapixel ...

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      Mentions: LLTech
    18. Eleven Biotherapeutics Appoints Barry Gertz, MD, PhD, and Jay S. Duker, MD, to Board of Directors

      Eleven Biotherapeutics Appoints Barry Gertz, MD, PhD, and Jay S. Duker, MD, to Board of Directors

      Eleven Biotherapeutics, a clinical-stage biopharmaceutical company discovering and developing protein therapeutics to treat diseases of the eye, today announced the election of Barry Gertz, MD, PhD, and Jay S. Duker, MD, to the company’s Board of Directors. Each of these new Board members brings more than 25 years of experience that is relevant to Eleven’s progress in advancing its pipeline of innovative therapies for ocular diseases. “We are excited to add these two highly accomplished industry and academic leaders to round out our Board. Their strategic support and guidance will be key as we continue to advance our ...

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    19. Bausch + Lomb Introduces New Software and Advanced OCT Imaging System for VICTUS® Femtosecond Laser Platform

      Bausch + Lomb Introduces New Software and Advanced OCT Imaging System for VICTUS® Femtosecond Laser Platform

      Valeant Pharmaceuticals International, Inc. (NYSE: VRX and TSX: VRX) today announced that its wholly owned subsidiary, Bausch + Lomb, has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for an advanced Swept Source OCT (Optical Coherence Tomography) imaging system and updated software for its VICTUS ® Femtosecond Laser Platform that will provide surgeons with a new, redesigned interface. The intuitive interface is designed to allow faster, simpler customized treatment planning to help surgeons improve efficiency and patient-flow during surgical procedures. "With the availability of the advanced OCT imaging and software enhancements, surgeons can monitor treatments in real-time ...

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    20. Biotech center extends loan to Morrisville eye imaging tech concern

      Biotech center extends loan to Morrisville eye imaging tech concern

      Morrisville-based Bioptigen, which already has one eye-scanning device on the market, is in the middle of developing a second such device to be used in eye surgeries. To help fund development, the N.C. Biotechnology Center kicked in a $458,000 in a loan. The Biotech Center serves as an economic developer and resource for small companies in North Carolina's life sciences industries . The group, led by CEO Doug Edgeton , uses state tax money to extend grants or loans to small North Carolina life sciences companies who can't find investments elsewhere, often because they need more cash than ...

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      Mentions: Bioptigen
    21. Bioptigen Awarded $458,000 from North Carolina Biotechnology Center to Advance Intrasurgical OCT System Development

      Bioptigen Awarded $458,000 from North Carolina Biotechnology Center to Advance Intrasurgical OCT System Development

      Bioptigen announced today that it has been awarded a Strategic Growth Loan from the North Carolina Biotechnology Center totaling $458,000 to support development of the company’s Intrasurgical OCT imaging system. Optical Coherence Tomography or ‘OCT’ is a form of highresolution imaging that has been compared to ultrasound imaging, though OCT uses light rather than sound to create the images. Bioptigen’s EnFocusTM Intrasurgical OCT system will provide 3D visualization simultaneous with and coregistered to images from surgical ophthalmic microscopes. Bioptigen is known globally for its FDA-cleared handheld OCT system for pediatric imaging, and for providing industry leading OCT ...

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    22. NIDEK launches Retina Scan Duo Optical Coherence Tomography

      NIDEK launches Retina Scan Duo Optical Coherence Tomography

      NIDEK CO., LTD., a global leader in the design, manufacturing, and distribution of ophthalmic, optometric, and lens edging equipment, is pleased to announce the launch of the Retina Scan Duo Optical Coherence Tomography (OCT) with a high definition OCT and fundus camera in one compact system. The Retina Scan Duo is a combined OCT and fundus camera system that is a user friendly, versatile unit that provides high definition images and value added features. The NIDEK 3-D auto tracking, auto shot, and user friendly interface allow rapid and easy image capturing. Once alignment is completed, both the OCT and color ...

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      Mentions: Nidek
    23. Will Acquisition By Philips Save Volcano Corp.?

      Will Acquisition By Philips Save Volcano Corp.?

      In late September, a group of Volcano Corp. shareholders castigated the company’s management and demanded Volcano bring its financials in-line by reigniting growth, streamlining costs, and bringing the business closer to profitability. The message must have gotten through loud and clear, as Volcano’s management may be positioned to accomplish all three goals by selling the company to Royal Philips for $1.2 billion. Indeed, in the eyes of some, Volcano management may have taken the company’s intravascular ultrasound (IVUS) and Fractional Flow Reserve (FFR) systems as far as it could as an independent entity. In 2013, Volcano ...

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    24. Law Firm Launches Investigation of the Board of Directors of Volcano Corporation Regarding the Fairness of the Sale of the Company to Royal Philips

      Law Firm Launches Investigation of the Board of Directors of Volcano Corporation Regarding the Fairness of the Sale of the Company to Royal Philips

      Levi & Korsinsky is investigating the Board of Directors of Volcano Corporation ("Volcano" or "the Company") (Nasdaq: VOLC ) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Royal Philips . Click here to learn more about the investigation: http://zlk.9nl.com/volcano-volc . Under the terms of the transaction, Volcano shareholders will receive $18.00 in cash for each share of Volcano stock they own. The investigation concerns whether the Board of Volcano breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter ...

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    25-48 of 920 « 1 2 3 4 5 ... 37 38 39 »
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