Maker of Neuromodulator to Treat Heart Failure, CVRx, Raises $46M

According to Med City News, “Minneapolis’ CVRx has raised $46 million from unnamed investors in support of its implantable neuromodulator to treat high blood pressure and heart failure, bringing its total equity funding to $237 million over 5 rounds.”  For...

Abbott Agrees to Buy St. Jude Medical for $25 Billion

According to ChicagoTribune.com, “Abbott announced plans Thursday to acquire St. Jude Medical in a $25 billion deal, combining two of the larger players supplying products to patients with heart issues.”  For more information on this acquisition, please...

With Special Tax Suspended, Medical Device Firms Reap Big Savings

According to an article via NPR.org, “U.S. manufacturers of medical devices started 2016 with a windfall — a two-year suspension of a controversial tax on their revenue.  Medical devices include a wide range of products and machines used in medical care, such as...

American Medical Association Invests in Healthcare Startup

According to MDDIonline.com, “On Monday, Dr. James Madara, the chief executive officer of the American Medical Association, the country’s largest physician association, announced the launch of Health2047, a new startup that will leverage the expertise of...