The Emergo Group Blog provides short updates on quality and regulatory topics that may be of interest to QA/RA professionals in the medical device and IVD industry. No fluff, just straight to the point. We hope you'll enjoy the content.
By Stewart Eisenhart, Emergo Group
Presbia, maker of the Flexiview Micro-Lens corneal implant, registers for an initial public offering worth up to $90 million.
Presbia, which makes the Flexiview Micro-Lens corneal implant to treat presbyopia, registered with the SEC for an initial public offering of up to $90 million worth of stock.
The Flexiview Micro-Lens is designed to be inserted into a pocket created in the cornea using a laser. The pocket seals itself, holding the 3mm-diameter lens in the center of the visual axis. The 10-minute procedure is reversible and does not require general anesthesia, according to Presbia's website.
Here's a look at some of the top funding stories for medical device companies this week.
Augmedix calls itself the "first and largest Google Glass startup poised to revolutionize healthcare," touting a $3.2 million venture funding round and a move to a larger headquarters in San Francisco.
Sen. Lamar Alexander (R-Tenn.) spends some time with Memphis-area medical device industry stakeholders to hone efforts to repeal the 2.3% device tax.
MASSDEVICE ON CALL — Sen. Lamar Alexander (R-Tenn.) is ramping up his opposition to the medical device tax, spending some time with his medtech stakeholders to renew his call to repeal the tax.
Smiths Group takes its medical division off of the auction block after the division's H1 earnings drop hard and a multi-billion-dollar acquisition offer from CareFusion falls through.
Playtex manufacturing launches a nationwide recall of power adapters shipped with Nurser Deluxe Double Electric Breast Pumps over concerns that they may cause electrical shocks.
FDA regulators issued a memo today warning that certain Playtex breast pumps may have been shipped with faulty power adapters that could cause electrical shocks to users.
The recall affects Playtex Nurser Deluxe Double Electric Breast Pumps with adapters that were manufactured from November 2012 through July 2013. The adapters have casings that may be prone to separation, exposing dangerous components.
Here's a look at some of the top Wall Street stories for medical device companies this week.
