1. Articles in category: Other Business News

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    1. Michelson Diagnostics to present at EuroMedtech 2014

      Michelson Diagnostics to present at EuroMedtech 2014

      Michelson Diagnostics, the UK based medical device company focused on multi-beam Optical Coherence Tomography (‘OCT’) technology, today announces that Chief Executive Officer, Jon Holmes, will be presenting an overview of the Company at the 6 th Annual International Medtech Partnering Conference, EuroMedtech™ 2014, in Linz, Austria, 7-8 May 2014. EuroMedtech is Europe's leading medical technology partnering conference, providing collaboration opportunities to medtech decision makers and investors. The conference provides a platform for innovative companies interested in partnering their technologies or products, initiating strategic alliances, or tapping into the international financing network. In addition, early stage projects and small entrepreneurial ...

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    2. Voxeleron introduces Orion, advanced optical coherence tomography (OCT) analysis software.

      Voxeleron introduces Orion, advanced optical coherence tomography (OCT) analysis software.

      Voxeleron introduces Orion, advanced optical coherence tomography (OCT) analysis software. Orion is fully-automated soft-ware, rapidly and accurately segmenting seven retinal layers in OCT images. The limited functionality of existing OCT analysis tools has meant that only two or three retinal layers are analyzed, despite the overwhelming evidence for the clinical importance of the inner retinal layers in disease detection and prognosis. Orion address-es exactly this technology gap, providing researchers much needed biomarkers for the early detection and prognosis of ophthalmic and neurological diseases. Orion is device independent, processing data from different OCT vendors. Orion will be featured in two posters ...

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      Mentions: Voxeleron
    3. What Drives St. Jude Medical to Be More Diversified?

      What Drives St. Jude Medical to Be More Diversified?

      The Cardiovascular Division participates in segments of the vascular and structural heart markets. Fractional Flow Reserve (FFR) and Optical Coherence Tomography (OCT) are two emerging technologies, which provide market opportunities, like the case of the ILUMIEN. This one is a platform that combines Fractional Flow Reserve (FFR) for measuring intra-arterial pressure with intravascular Optical Coherence Tomography (OCT) for a visual look inside arteries

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      Mentions: St. Jude Medical
    4. Bioptigen Unveils the Envisu IntraSurgical OCT System for Real-time Imaging During Ophthalmic Surgery

      Bioptigen Unveils the Envisu IntraSurgical OCT System for Real-time Imaging During Ophthalmic Surgery

      Bioptigen Inc. today unveiled the Envisu IntraSurgical OCT for real-time imaging during ophthalmic surgical procedures. Key attributes of the Envisu IntraSurgical OCT include a wide, flat scan for accurate structural reproduction, and focal controls that operate independently of the microscope. These innovations will provide the surgeon with maximal versatility to assess surface and sub-surface tissue structures during surgical manipulations. Bioptigen’s Envisu IntraSurgical OCT is modularly designed for compatibility with new and existing operating microscopes to extend the power of OCT to surgical ophthalmology. "This advance brings surgeons one step closer to realizing the full value of intraoperative OCT", said ...

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    5. Funding boost for Gooch and Housego

      Funding boost for Gooch and Housego

      UK-headquartered Gooch and Housego (G&H) has won £0.8 million in government support via the UK’s Regional Growth Fund (RGF). The company, which says it will use the grant from the Department for Business, Innovation and Skills (BIS) to boost investment in its new systems technology business unit in Torbay, was one of 37 companies selected for RGF support in the fifth round of the competitive fund . In total, the RGF is expected to hand out £3.2 billion to UK businesses over seven years. “The objective is to build a multi-disciplinary team with expertise in mechanical, electronic ...

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      Mentions: Gooch & Housego
    6. Bioptigen Introduces Image-Guided SDOCT Technology to Advance Preclinical Eye Research

      Bioptigen Introduces Image-Guided SDOCT Technology to Advance Preclinical Eye Research

      Bioptigen announced today the availability of EnFace TM color fundus technology delivering image-guided SDOCT into a single, compact, handheld scan head. The new color fundus system provides multiple, integrated modalities into each of Bioptigen’s Envisu TM preclinical SDOCT systems, producing brilliant, color fundus images captured simultaneously with OCT images. The new color image-guided OCT also complements Bioptigen’s volumetric OCT image visualization, and dynamic 3D tissue flattening capabilities to create a powerful, comprehensive suite of tools designed to meet the exacting needs of the ophthalmic research community. Bioptigen's new Envisu SDOCT scan head featuring integrated color fundus camera ...

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    7. St. Jude Medical Recognized as Innovative Technology Supplier of the Year by Nation’s Largest Health Care Contracting Organization

      St. Jude Medical Recognized as Innovative Technology Supplier of the Year by Nation’s Largest Health Care Contracting Organization

      St. Jude Medical, Inc . ( STJ ), a global medical device company, was recognized by Novation as the 2013 Innovative Technology Supplier of the Year. Novation members selected the St Jude Medical ILUMIEN™ PCI Optimization System based on their experience using the technology to deliver improved patient outcomes. Novation works with its more than 100,000 members and affiliates to identify innovative technology that improves patient care or reduces the risk of harm to patients or providers, while simultaneously raising the standard of patient care and safety. “Novation’s goals of improving patient outcomes through innovative technology align with our mission at ...

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    8. Imalux Ceases Operation

      Imalux Ceases Operation

      Imalux Corporation has announced that it has ceased operations due to various challenges to become a profitable on-going business. Imalux Corporation was one of the earliest OCT startup companies and received its first seed funding in 2000. Imalux opened operations in Cleveland Ohio with a strong technology connection to the Institute of Applied Physics in Russia. With the visionary leadership of Paul Amazeen and Felix Feldchtein Imalux developed the Niris product line that offered unique endoscopy imaging capabilities. Niris systems were delivered to customer's worldwide offering physicians the ability to identify structural changes in tissues, guide surgical interventions and ...

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    9. NIDEK Announces FDA Clearance of the RS-3000 Advance

      NIDEK Announces FDA Clearance of the RS-3000 Advance

      NIDEK, Inc. a global leader in the design, manufacturing, and distribution of ophthalmic equipment, is pleased to announce FDA clearance of the RS-3000 Advance . This premier OCT system incorporating Scanning Laser Ophthalmoscope is designed for comprehensive evaluation of the retina and choroid. The RS-3000 Advance provides exquisite detail of the retinal and choroidal microstructures to assist in clinical diagnosis. Features include the choroidal mode, which allows detailed evaluation of the choroid. A wide area scan of 9 mm x 9 mm ensures excellent overall coverage of the retinal structures. Microsaccades and other involuntary eye movements are compensated by the Tracing ...

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    10. Positive top line results from clinical trial for diagnosis of basal cell carcinoma using VivoSight OCT

      Positive top line results from clinical trial for diagnosis of basal cell carcinoma using VivoSight OCT

      Michelson Diagnostics, the UK based medical device company focused on multi-beam Optical Coherence Tomography (‘OCT’) technology, announces positive top line results from the successfully completed multi-centre, prospective clinical trial for the diagnosis of basal cell carcinoma using VivoSight OCT. In the study, over 250 patients with clinically suspicious lesions for basal cell carcinoma were scanned at six centres in Germany. In each case, diagnosis using VivoSight OCT was compared with standard clinical diagnosis with and without dermoscopy. All results were verified by the gold standard of biopsy and histological analysis. Papers by Professor Dr. med. Julia Welzel, Dr. med. Martina ...

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    11. NinePoint Medical Completes $34 Million Series B Financing to Expand Commercialization of its Breakthrough NvisionVLE™ Imaging System

      NinePoint Medical Completes $34 Million Series B Financing to Expand Commercialization of its Breakthrough NvisionVLE™ Imaging System

      NinePoint Medical, Inc. , an emerging leader in the development of medical devices for advanced optical imaging, today announced it has completed a $34 million Series B financing led by Corning Incorporated (NYSE: GLW), along with founding investors Third Rock Ventures and Prospect Venture Partners. The company also announced the addition of three new members to its board of directors: Curt Weinstein from Corning, and independent directors Tom Miller and Mark Stautberg. Proceeds from the financing will support the ongoing commercial launch of the NvisionVLE Imaging System in the U.S., as well as development of the company’s expanded product ...

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    12. Groundbreaking Zeiss Kit Used in First Eye Surgeries

      Groundbreaking Zeiss Kit Used in First Eye Surgeries

      Combination of optical coherence tomography with surgical microscope gives surgeons 'unprecedented' views. Combination kit used in live surgery A new kind of surgical microscope from Zeiss that features integrated intra-operative optical coherence tomography (OCT) is now being used by ophthalmic surgeons. Said to provide those surgeons with unprecedented views of transparent ocular structures during operations, the visualization tool combines two “gold standard” techniques into a single system for the first time. According to the Germany-based optics and optical technology giant's Meditec subsidiary, as well as being able to see transparent structures of the eye during surgery, surgeons can also ...

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    13. Ultrafast Laser Systems Are Stepping Up to Meet Industry Needs

      Ultrafast Laser Systems Are Stepping Up to Meet Industry Needs

      The wide spectral bandwidth of ultrafast lasers also is useful in optical coherence tomography, widely used to provide 3-D images of tissue. Here, the very broad spectral output of supercontinuum lasers allows for very high axial resolution imaging in multiple user-defined wavelength bands optimized for the tissue being imaged. “The high power and spectral brightness of supercontinuum lasers also allows for deep-tissue imaging, such as in highly scattering media, or in vivo imaging, where signal levels can be very low,” Seaton said.

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      Mentions: Fianium
    14. Michelson Diagnostics announces completion of data collection in Vivosight OCT trial for BCC diagnosis

      Michelson Diagnostics announces completion of data  collection in Vivosight OCT trial for BCC diagnosis

      Michelson Diagnostics, the UK based medical device company focused on multi-beam Optical Coherence Tomography (‘OCT’) technology, today announces that it has completed scanning and data collection for a large 250-patient, multi-centre, prospective clinical trial of the diagnostic performance of its VivoSight™ OCT scanner in diagnosing superficial basal cell carcinoma (BCC), the most common form of skin cancer. Preliminary results from the trial are to be announced at the American Academy of Dermatology (AAD) Annual meeting in Denver, in March 2014. It is expected that full results will be published in a leading peer-reviewed journal later in the year. The study ...

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    15. Volcano Corporation Presentation At Barclays Conference To Be Webcast

      Volcano Corporation Presentation At Barclays Conference To Be Webcast

      Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of precision guided therapy tools to enhance the diagnosis and treatment of coronary and peripheral vascular disease, said today that it will be participating in the Barclays Global Healthcare Conference 2014 on Tuesday, March 11. The presentation by John Dahldorf, chief financial officer, will begin at 11:15 a.m., Eastern Daylight Time (8:15 a.m., Pacific Daylight Time). The presentation will be available through the conference website at http://cc.talkpoint.com/barc002/031114a_bc/?entity=52_3HS7I2G and via the company's website at www.volcanocorp.com . Volcano Corporation is ...

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    16. Volcano Corporation (VOLC) news: Volcano's CEO Discusses Q4 2013 Results

      Volcano Corporation (VOLC) news: Volcano's CEO Discusses Q4 2013 Results

      Our revenue growth occurred despite some difficult macro-environmental challenges during the year, many of which we expect will continue to impact our business in 2014. These include; the continued decline of stable coronary PCIs in the U.S. and Japan, along with constrained healthcare spending in the U.S., greater than anticipated FX headwind in Japan and a moderation of FFR growth rates, continued softness in Axsun telecom sector and product introduction delays by key Axsun Medical ophthalmology customers.

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    17. Volcano Reports Fourth Quarter Revenues Increase Six Percent On A Constant Currency Basis

      Volcano Reports Fourth Quarter Revenues Increase Six Percent On A Constant Currency Basis

      Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today reported results for the fourth quarter and all of 2013. For the quarter ended December 31, 2013, Volcano reported revenues of $103.3 million versus revenues of $102.5 million in the same period a year ago. On a constant currency basis, revenues increased six percent year-over-year after adjusting for a negative impact of approximately $5.5 millionfrom foreign currency. Medical segment revenues increased approximately one percent and six percent on a ...

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    18. Michelson Diagnostics to launch enhanced software for VivoSight OCT scanner

      Michelson Diagnostics to launch enhanced software for  VivoSight OCT scanner

      Michelson Diagnostics, the UK based medical device company focused on multi-beam Optical Coherence Tomography (‘OCT’) technology, today announces the launch of its upgraded VivoSight OCT scanner with a new software technology that provides additional features for dermatologists to investigate skin lesions such as non-melanoma skin cancer. The VivoSight OCT scanner enables the dermatologist to see vertical cross-sectional images of sub-surface skin tissue to depths of 1-1.5 mm in high definition, providing the clinician with important information about the type, depth and lateral spread of the skin lesion that is not possible to determine from its surface visual appearance. Our ...

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    19. Fast diagnostic cancer imaging technique displayed at Photonics West 2014

      Fast diagnostic cancer imaging technique displayed at Photonics West 2014

      One of the numerous technologies and applications being highlighted at Photonics West 2014 was a non-invasive optical imaging system used to quickly obtain images at the cellular level to assist in diagnoses and biopsies. CAReIOCA began in 2012 as a collaborative project funded by the European Commission’s Seventh Framework Programme. The project saw the development of an imaging system with the purpose of providing a medical tool for better localization and analysis of cancer biopsies in the operating room in order to "reduce failure and reoperation rates in pre-operative diagnosis." CAReIOCA’s technical partners, LLTech , CMOSIS, and Adimec collaborated ...

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      Mentions: LLTech
    20. Gould Fiber Optics: Expanding Its Product Portfolio to include a Miniaturized Sized Single-Mode (SM) and Polarization Maintaining (PM) Fiber based Variable Optical Attenuators (VOA)

      Gould Fiber Optics: Expanding Its Product Portfolio to include a Miniaturized Sized Single-Mode (SM) and Polarization Maintaining (PM) Fiber based Variable Optical Attenuators (VOA)

      Gould Fiber Optics, a leading worldwide manufacturer and supplier of premium passive fiber optic components, planar components and integrated modules; is expanding its product portfolio to include a miniaturized sized single-mode (SM) and polarization maintaining (PM) fiber based Manual Variable Optical Attenuator (MVOA). The MVOA is available in SM and PM fibers for the wavelengths regimes of 630, 780, 980, 1064, and 1310/1550 nm. It operates by manually moving a blocking element into the optical path. Gould’s variable optical attenuator is used for power adjustment in optical modules, systems and test platforms. The MVOA operates by precisely adjusting ...

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    21. Axsun Technologies Announces Volume Purchase Order for Swept Laser Engines from Michelson Diagnostics Ltd.

      Axsun Technologies Announces Volume Purchase Order for Swept Laser Engines from Michelson Diagnostics Ltd.

      Axsun Technologies, Inc., a wholly-owned subsidiary of Volcano Corporation ( VOLC ) and a leading developer and manufacturer of advanced photonic components and subsystems, has received a volume purchase order for Swept Laser OCT Engines from Michelson Diagnostics Ltd. The Axsun Swept Laser OCT Engine will power the new Michelson Diagnostics' Vivosight Multi-Beam OCT system. The Vivosight Multi-Beam OCT system is the first OCT scanner to receive FDA 510(k) clearance for imaging skin in high definition, revealing subsurface tissue structure at unprecedented detail. "Axsun's Swept Laser OCT Engines are ideally suited for real-time OCT imaging in many imaging applications," said ...

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    22. Axsun’s New Lead-Free Tunable Laser Platform Meets Requirements of ROHS2 Directive

      Axsun’s New Lead-Free Tunable Laser Platform Meets Requirements of ROHS2 Directive

      Axsun Technologies Inc., a wholly-owned subsidiary of Volcano Corporation and a leading developer and manufacturer of advanced photonic components and subsystems, has announced the Qualification of their new Lead-Free Tunable Laser packaging platform. Axsun's new Lead-Free platform provides the same performance and reliability as previous generations and meets the requirements of the Reduction of Hazardous Substances (ROHS) Directive 2011/65/EU (also known as ROHS2). This new directive eliminates exemptions for several product categories, including Medical Devices that were present in the 2002 Directive. Axsun will begin sampling new Lead-Free Engines in May 2014. "Axsun's Swept Laser OCT ...

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    23. Presentation by Fujikura on Optical Components for OCT

      Presentation by Fujikura on Optical Components for OCT

      Fujikura is a global company with 130 year history and over 52,000 employees with products in Automotive, Electronics, Power, and Telecommunications business segments. Fujikura Telecommunications segment has a long history and is a leading supplier of optical components. For a Fujikura presenation on their Optical Components for OCT click HERE . Please contact Shingo Ishii at " medical@jp.fujikkura.com " for product information.

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      Mentions: Fujikura Ltd.
    24. Wasatch Photonics launches Cobra OCT spectrometer with USB 3.0 interface

      Wasatch Photonics launches Cobra OCT spectrometer with USB 3.0 interface

      WEST LAFAYETTE, Ind., LOGAN, Utah and DURHAM, N.C. - Professionals using optical coherence tomography (OCT) for imaging applications in areas like ophthalmology, dermatology and material inspection may benefit from a new spectrometer to be demonstrated in San Francisco from Feb. 1-6. Wasatch Photonics Inc. has launched the Cobra OCT spectrometer, which provides a USB 3.0 interface. Nishant Mohan, director of product management, said the interface improves accessibility and reduces expense for OCT technology. "Cobra is the first OCT spectrometer that provides the USB 3.0 interface, to our knowledge. This will allow users to do away with expensive camera ...

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