1. Articles in category: Other Business News

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    1. NKT Photonics releases World’s most affordable supercontinuum laser

      NKT Photonics releases World’s most affordable  supercontinuum laser

      NKT Photonics, the leading manufacturer of supercontinuum sources, releases new SuperK COMPACT – the World’s most affordable supercontinuum fiber laser. The new source provides single mode, fiber delivered light in the entire 450-2400nm range and, unlike most supercontinuum sources on the market, the laser can be triggered externally and synced with low jitter from single shot up to 20 kHz. The previous generation COMPACT can be found in laboratories around the World where it is the daily driver within applications like component characterization, test & measurement and spectroscopy, or simply as a general purpose laboratory white light source. However, the low ...

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      Mentions: NKT Photonics
    2. Bioptigen Introduces Dynamic 3D Tissue Flattening Software for Envisu SD-OCT Systems (See Video)

      Bioptigen Introduces Dynamic 3D Tissue Flattening Software for Envisu SD-OCT Systems  (See Video)

      Bioptigen Inc. announced today the introduction of Envisu Apps, modular image processing software for improved analysis and visualization of high resolution volumetric OCT images. The first app, named Dynamic 3D Tissue Flattening uses fully automated retinal layer segmentations for enhanced en face views. These retinal layer segmentations allow users to eliminate motion artifacts (such as respiration, cardiac, etc.) which often occur during in vivo image acquisition, thus en face views appear perfectly flat across the entire image. “Single pixel slices are possible across the whole 3D image, allowing uniform sampling of data along a warped contour that ‘cuts’ through the ...

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    3. Biomedical IR Optical Coherence Tomography (OCT) with a High Resolution

      Biomedical IR Optical Coherence Tomography (OCT) with a High Resolution

      Introduction OCT is an important spectroscopy technique, which has been used in biomedical applications for about two decades. It has developed as a standard non-invasive analysis method providing in-depth cross-sectional images of live tissues. With the availability of InGaAs detectors and cameras able to longer wavelengths in the IR spectrum, OCT scanners are now able to reach deeper into human tissue. This article discusses the technical advances in an IR line-scan camera specially designed for OCT applications.

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      Mentions: Xenics
    4. Zeiss Meditec hits growth target

      Zeiss Meditec hits growth target

      Carl Zeiss Meditec says that despite ongoing market volatility it will continue to spend heavily on research and development activity, in a bid to ensure that it stays ahead in an increasingly competitive market. The Germany-headquartered company, which specializes in photonics-based healthcare technologies, made the comments as it posted a 5 per cent increase in annual revenues in its latest financial year. Sales of €906.4 million were near the upper end of the firm’s earlier predicted range, and improved margins delivered earnings before deductions for interest and tax of €133.9 million, up from €122.9 million last ...

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    5. Phoenix Research Labs Partners with Voxeleron to Advance Technology for Eye Research

      Phoenix Research Labs Partners with Voxeleron to Advance Technology for Eye Research

      Phoenix Research Labs, Inc. today announced a partnership with Voxeleron, LLC to lead in the development of optical coherence tomography (OCT) segmentation software. The parties have entered into a strategic partnership to apply Voxeleron segmentation technology to the Phoenix Image-Guided Optical Coherence Tomography (OCT) data. This will allow users to readily analyze retinal layers, precisely measuring changes to thickness and structure over time. “We’re very excited by the opportunity to work with Phoenix. Clearly they have a strong portfolio of technologies optimized for animal eye research, so the addition of image analysis software can only strengthen their customers’ ability ...

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    6. Carl Zeiss Meditec AG: Carl Zeiss Meditec looks back on a successful financial year

      Carl Zeiss Meditec AG: Carl Zeiss Meditec looks back on a successful financial year

      Medical technology company Carl Zeiss Meditec AG met its targets in financial year 2012/2013 with revenue growth of 5.2 percent to EUR 906.4 million and an increase in its EBIT margin of 0.5 percent to 14.8 percent. The Company continued to grow in all its strategic business units and regions. Earnings before interest and tax (EBIT) climbed to EUR 133.9 million (previous year: EUR 122.9 million); boosted further by a good financial result, earnings per share rose to EUR 1.15 (previous year: EUR 0.88). After particularly positive results in the fourth ...

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    7. Wasatch Photonics launches 1300nm OCT system

      Wasatch Photonics launches 1300nm OCT system

      A new system from optical imaging company Wasatch Photonics could provide greater contrast and deeper sub-surface imaging than competitive techniques, the developer claims. The system could be used in the fields of material inspection and medical diagnosis, including cardiovascular and dermatological research, leading to faster and more accurate analyses. Wasatch Photonics, based in Logan, UT, USA, has developed a spectral-domain optical coherence tomography system in the 1300 nm wavelength range. The Utah-headquartered firm also has locations in Research Triangle Park in North Carolina and Purdue Research Park.

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    8. Wasatch Photonics takes Spectral Domain OCT to 1300 nm

      Wasatch Photonics takes Spectral Domain OCT to 1300 nm

      Wasatch Photonics Inc. announced the launch of a new spectral domain optical coherence tomography (OCT) system in the wavelength range of 1300-nm. The North Carolina-based systems division of the company adds to its repertoire of 800-nm OCT systems and OCT spectrometers. The 1300-nm OCT to date is dominated by systems using swept-source lasers. With this launch, Wasatch Photonics hopes to bring the stability and simplicity of 800-nm spectral domain systems to the 1300-nm range. The optimized spectrometer allows the long imaging range using 2048 pixel spectrometer at speeds of up to 70,000 lines/sec. “The new OCT system in ...

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    9. Optovue Launches Next Generation Widefield Enface OCT

      Optovue Launches Next Generation Widefield Enface OCT

      Optovue ( www.optovue.com ), a pioneer in spectral-domain optical coherence tomography (SD-OCT), today announced the worldwide launch and availability of Avanti Widefield Enface OCT. Avanti will make its US debut at the annual American Academy of Ophthalmology (AAO) meeting, November 16-19 in New Orleans. Avanti is a next generation diagnostic device providing an all-in-one solution for posterior and anterior high-speed, high-resolution OCT imaging offering 70,000 A-scans per second, Widefield 3D motion correction and 3 micron digital resolution (sampling). With the next wave of OCT technology innovation in mind, Avanti is designed as a scalable platform to take eye care ...

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      Mentions: Optovue Jay Wei FDA
    10. Heidelberg Engineering appoints General Manager of US Operations

      Heidelberg Engineering appoints General Manager of US Operations

      Heidelberg Engineering has appointed Lance Patton as General Manager of its US operations. Mr. Patton joined Heidelberg Engineering Inc. as a Western Regional Sales Manager in 2007 and currently serves as VP of Sales and Marketing. “Lance played an important role in building a first in class sales team known for its exceptional competencies in clinical and commercial aspects of diagnostic imaging” said Dr. Kester Nahen, Managing Director of Heidelberg Engineering GmbH. “I am excited about this appointment and look forward to drive continued growth of the US business in the years to come”, said Mr. Patton. About Heidelberg Engineering ...

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    11. Quite a Contrast: Volcano Corporation May Cancel its Intravascular OCT Product and St. Jude Medical Indicates $1B a Year Revenue Opportunity

      Quite a Contrast: Volcano Corporation May Cancel its Intravascular OCT Product and St. Jude Medical Indicates $1B a Year Revenue Opportunity

      Earlier this week it seemed Volcano Corporation Indicated it would cancel its intravascular OCT development program for a variety of reasons. The CEO made the statement “ We believe this reprioritization initiative better focuses and positions Volcano to compete more effectively in our growth markets”. See Article . Less than one week later a write from Minnesota Public Radio seemed to indicate that St. Jude’s intravascular OCT program was going well and that “ The company expects doctors will quickly embrace the procedure as they learn about it and the technology could generate $1 billion in sales each year, although industry analyst ...

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    12. Carl Zeiss faces New Competition from Haag-Streit, Nidek and Topcon in the $600 Million Diagnostic Ophthalmic Device Market, reports iData Research

      Carl Zeiss faces New Competition from Haag-Streit, Nidek and Topcon in the $600 Million Diagnostic Ophthalmic Device Market, reports iData Research

      iData Research, the leading global authority in medical device and pharmaceutical market research, has recently published a report for the U.S. diagnostic ophthalmic device markets. The report estimates a combined market value of $597 million and growing; expected to reach nearly $800 million by 2020. These markets include optical coherence tomographers (OCTs), fundus cameras, slit lamps, perimeters, tonometers, autorefractors and keratometers, binocular indirect ophthalmoscopes, ophthalmic ultrasound systems, wavefront aberrometers, corneal topographers and optical biometers. Fast-Growing Market: OCT Optical coherence tomography (OCT) is experiencing double-digit growth due to strong sales of combination OCT devices such as OCT with built-in fundus ...

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    13. Volcano Corporation Presentation At Canaccord Genuity Conference To Be Webcast

      Volcano Corporation Presentation At Canaccord Genuity Conference To Be Webcast

      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, said today that it will be participating in the Canaccord Genuity 2013 Medical Technology & Diagnostics Forum on Thursday, November 14. The presentation by John Dahldorf, chief financial officer, will begin at 10:30 a.m., Eastern Standard Time (7:30 a.m., Pacific Standard Time). The presentation will be available through http://wsw.com/webcast/canaccord12/ and via the company's website at www.volcanocorp.com . Volcano Corporation is revolutionizing the medical device ...

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    14. Will This Medical Device Maker (Volcano) Keep Sliding?

      Will This Medical Device Maker (Volcano) Keep Sliding?

      Shares of Volcano imploded at the end of October after the medical device maker reported a weaker-than-expected third quarter. The stock is now down more than 18% over the past month, and has underperformed its larger industry peers -- Boston Scientific , St. Jude Medical , and Medtronic -- by a wide margin over the past year. Source: YCharts. Will shares of Volcano continue to tumble, or is further downside limited at today's price? A disappointing third quarter For its third quarter, Volcano reported a non-GAAP loss of $0.08 per share, down sharply from a profit of $0.04 that it reported ...

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    15. Funding Dries Up for Medical Startups; Companies Are Squeezed by Venture-Capital Drought

      Funding Dries Up for Medical Startups;  Companies Are Squeezed by Venture-Capital Drought

      The medical-device industry, struggling to adapt to a thriftier health-care system, is getting squeezed by a venture-capital drought. Investment in the medical-device and equipment industry is on pace to fall to $2.14 billion this year, down more than 40% from 2007 and the sharpest drop among the top five industry recipients of venture funding, according to an analysis of data compiled by PricewaterhouseCoopers and the National Venture Capital Association. Venture money received by the biotechnology sector declined 28% over the same period, while software startups recorded a 75% increase. Firms like SetPoint Medical, a developer of a nerve-stimulation device ...

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    16. Wasatch Photonics hires director of product management and marketing

      Wasatch Photonics hires director of product management and marketing

      Nishant Mohan, Ph.D., has joined Wasatch Photonics Inc. as its director of product management and marketing. Mohan will develop and commercialize the next generation of the company's optical coherence tomography spectrometers and systems. He previously had been in research and development at Bausch + Lomb in Rochester, N.Y. Mike Sullivan, general manager of Wasatch Photonics, said Mohan has more than a decade of experience with optical coherence tomography. "Nishant played a pioneering role in employing the technology for novel applications ranging from blood flow estimation to contact lens imaging. His experience in academia and industry gives him an ...

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    17. Volcano Corporation (VOLC): Investor Activism Erupts At Volcano

      Volcano Corporation (VOLC): Investor Activism Erupts At Volcano

      While shareholder activism is a fact of life in the pharma sphere, it is less common in medtech. But this could be changing. The worrying downturn in medtech M&A over the past year means that some investors are getting restless as an exit is denied them, and more and more may take it upon themselves to ensure companies make appealing takeover targets. Volcano Corp. ( VOLC ), a cardiovascular imaging device developer, might be the bellwether. The investment fund Engaged Capital, which has a 5.1% stake in Volcano, is trying to steer the company towards a $200m share buyback and ...

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    18. Rising Incidence of Peripheral and Coronary Artery Diseases to Drive Demand for IVUS Imaging, According to New Report by Global Industry Analysts, Inc.

      Rising Incidence of Peripheral and Coronary Artery Diseases to Drive Demand for IVUS Imaging, According to New Report by Global Industry Analysts, Inc.

      GIA announces the release of a comprehensive global report on Intravascular Ultrasound (IVUS) markets. Global market for Intravascular Ultrasound (IVUS) is forecast to reach US$695.7 million by 2018, driven by rising incidence of peripheral and coronary artery diseases aggravated by poor lifestyle habits and increasing prevalence of co-morbid conditions including diabetes and obesity.

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    19. Volcano Corporation Cancels its Intravascular OCT Development Program?

      Volcano Corporation Cancels its Intravascular OCT Development Program?

      Volcano corporation recently reported on its third quarter results and announced a strategic reprioritization initiative which among other things stated that it was discontinuation development of its Optical Coherence Tomography intravascular imaging product. The report can be seen HERE . It is unclear why Volcano took this position on OCT specially since it saved a small amount of near term R&D dollars and there is a big potential market that threatens the IVUS market (a Volcano strength). But lots of potential factors could be at play including a recent big drop it is stock value (see Link ) due to investor ...

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    20. Volcano Reports Third Quarter Results

      Volcano Reports Third Quarter Results

      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 third quarter and first nine months of 2013. The company also today announced a strategic reprioritization and reallocation of resources within its distribution, research and development and clinical programs to focus on areas of strong projected growth in FFR (Fractional Flow Reserve), peripheral applications, coronary IVUS (Intravascular Imaging) driven by the ADAPT-DES clinical data and Axsun Medical. This has resulted in a corporate restructuring charge that reflects the ...

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    21. Bioptigen now shipping Envisu XHR Extreme Resolution OCT Imaging systems

      Bioptigen now shipping Envisu XHR Extreme Resolution OCT Imaging systems

      Bioptigen (www.bioptigen.com) announces today it has begun shipping the Envisu TM S4100 XHR spectral domain optical coherence tomography research system capable of producing volumetric images with unmatched 1 um axial resolution. The system is the only OCT system in the world capable of acquiring images with 1.5 um x 1.5 um x 1 um voxel size. Additionally, this resolution is delivered in full volumes up to 1000 x 1000 x 1000 pixels, designed so that researchers do not miss the earliest signatures of pathology. Bioptigen achieves this capability with a focus on precision optical design, proprietary ...

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    22. Cardiovascular Device Markets Reach Billions

      Cardiovascular Device Markets Reach Billions

      iData Research , the leading global authority in medical device and pharmaceutical market research, has published a new report series for the U.S. Cardiology Device Markets. Cardiovascular disease is much more prevalent among patients over 55 years of age; therefore as the U.S. population ages, the incidence of cardiovascular disease will increase. In addition, rising rates of obesity will also contribute to the incidence of heart disease. As the baby boomer generation in the U.S. ages, the patient population will increase. This increase in the patient population will lead to an annual 3% to 4% increase in the ...

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    23. Volcano Announces New Two-Year Results of Largest Prospective Study of Use of IVUS in Stent Placement

      Volcano Announces New Two-Year Results of Largest Prospective Study of Use of IVUS in Stent Placement

      Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of precision guided tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today announced new two-year outcomes from an analysis of use of intravascular ultrasound (IVUS) in the ADAPT-DES ( A ssessment of D ual A nti P latelet T herapy with D rug- E luting S tents) Study, the largest prospective registry of IVUS use to date. Results suggest that, in the ADAPT-DES study, use of IVUS with angiography (compared with angiography alone) in placing the current generation of drug-eluting stents (DES) was associated with reductions ...

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