Euro VC Ysios Capital seeks $134M for lifesciences fund

Ysios Capital launches fundraising efforts to pad its BioFund II lifesciences investment pool, planning on supporting up to 15 emerging companies in medtech, diagnostics and pharmaceuticals.

European venture capital firm Ysios Capital is looking to raise some $137.8 million (€100 million) in support of its lifesciences investment activities.

Ysios plans to use funds from the investment pool, which the company calls its BioFund II, to support up to 15 lifesciences companies with disruptive potential. The company in 2008 raised about $95 million (€69 million) for its BioFund I, according to a press release.

Ysios Capital

News Well, Funding Roundup, Venture Capital/Private Equity

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Abiomed hits enrollment goal in Recover Right trial

Abiomed says it hit the 30-patient mark in the Recover Right study of its Impella RP heart pump.

Abiomed (NSDQ:ABMD) said it plans to ask the FDA to allow more patients to enroll in the Recover Right trial of its Impella RP right-side heart pump, now that it's met the 30-patient goal for the study.

Food & Drug Administration (FDA), Abiomed Inc.

News Well, Clinical Trials, Cardiac Assist Devices

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Biolitec slapped with $75M judgment in AngioDynamics suit

AngioDynamics wins a nearly $75 million judgment against erstwhile partner Biolitec AG over an alleged scheme to evade U.S legal jurisdiction.

Biolitec AG, AngioDynamics Inc.

Legal News, News Well

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NinePoint Medical lands $34M for high-res organ imaging

NinePoint Medical touts a $34 million Series B funding round, slated to support U.S. commercial efforts for the company's NvisionVLE imaging system.

Massachusetts-based NinePoint Medical Imaging closed a $34 million Series B funding round, the company announced today.

NinePoint plans to use the funds to support ongoing U.S. commercial efforts for its NvisionVLE system, which provides high-res, endoscopic imaging of organs and tissues. The system can provide cross-sectional, volumetric views of organs, including tissues below the surface, the company said.

Corning Inc., NinePoint Medical Inc., Prospect Venture Partners, Third Rock Ventures LLC

News Well, Funding Roundup, Imaging, Personnel

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FDA's new acting chief scientist talks about his office's vital role

FDA's official blog brought to you from FDA's senior leadership and staff stationed at home and abroad - sharing news, background, announcements and other information about the work done at the FDA on behalf of the American public.

By: Stephen Ostroff, M.D.

Food & Drug Administration (FDA)

News Well, Blog, Food & Drug Administration (FDA), Regulatory/Compliance

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Zimmer, Draeger and Altitude tally $234M in Pentagon supply deals

Medical device makers Zimmer, Draeger Medical and Altitude Technologies collect Dept. of Defense contracts worth a collective $234.3 million.

A trio of medical device makers collected Pentagon supply deals worth a collective $234.3 million, according to recent Defense Dept. reports.

Zimmer Holdings, Altitude Technologies, Draeger Medical, U.S. Defense Dept.

News Well, Deals Roundup, Funding Roundup, Medical Supplies

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Medrobotics lands E.U. approval for Flex robotic surgery system

European healthcare regulators approve Medrobotics' Flex robot-assisted endoscopic platform for use in otolaryngology surgery.

Massachusetts medical device maker Medrobotics won CE Mark approval in the European Union for its Flex System, a robot-assisted surgical device indicated for use in otolaryngology surgery.

Medrobotics

News Well, Regulatory/Clearance, Robotics, CE Mark, Robot-Assisted Surgery

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