Conor Hale

1 week ago | fiercebiotech.com | Conor Hale

Multiple developers of connected diabetes hardware have announced plans this week to link their insulin pumps with continuous glucose monitors from Abbott—including its current FreeStyle Libre system as well as an advanced sensor currently under development. The announcements come in the lead up to the annual scientific sessions of the American Diabetes Association, being held this weekend in Chicago.

1 week ago | fiercebiotech.com | Conor Hale

The miniaturized surgical robot maker Virtual Incision has pinched a new CEO, as it aims to expand its commercial reach following an FDA green light last year and plans to develop its next-generation system. Jim Alecxih most recently served as chief of the artificial intelligence diagnostic software company DH Medical, and has held executive roles at multiple medtechs throughout his career, including at Intuitive Surgical as a U.S. sales VP.

1 week ago | fiercebiotech.com | Conor Hale

Grail reported it collected positive initial findings from the latest large study of its multi-cancer early detection test, Galleri, with data the company said it will submit to the FDA as it seeks a full marketing approval.

1 week ago | fiercebiotech.com | Conor Hale

Caris Life Sciences bumped up the pricing of its IPO to raise more than $494.1 million in its Nasdaq debut—well over the range it first proposed last week, in the vicinity of $400 million. The Texas-based cancer testing company claimed a valuation of about $5.9 billion, while selling 23.5 million shares under the ticker CAI at $21 apiece. It had first offered stock between $16 and $18, before later increasing the price to between $19 and $20.

1 week ago | fiercebiotech.com | Conor Hale

Philips is rolling out what it describes as a next-generation point-of-care ultrasound system, designed specifically for critical care environments such as emergency rooms, intensive care units and trauma wards. The cart-based Flash 5100 POC system includes artificial intelligence-powered automation software as well as a large touchscreen, which the company said can enable rapid, on-demand scanning in high-pressure situations.