• Acutus Medical: High Resolution Heart Imaging and Mapping

        Name: Acutus Medical  Location: Carlsbad, CATechnology: Acutus has developed the AcQMap High Resolution Imaging and Mapping System that can help electrophysiologists determine where cardiac tissue may be ablated for patients who suffer from atrial fibrillation. This allows them to get a full chamber, high-resolution view in real time, something that they have never been able to achieve before, the company’s website states.Money Raised: $75 millionInvestors...
  • Spirox: Minimally Invasive Treatment of Nasal Obstruction

        Name: Spirox Location: Menlo Park, CATechnology: Spirox is developing a minimally invasive system that ear, nose and throat physicians as well as plastic surgeons may use to treat patients with nasal obstruction.  Money Raised: $45 millionInvestors: Venrock, HealthQuest Capital, Aisling Capital, Aperture Venture Partners, Kohlberg Kravis Roberts & Co, and an undisclosed firmContinue >>Logo and image courtesy of SpiroxLearn more about cutting-edge...
  • VertiFlex: Minimally Invasive Spine Implants

        Name: VertiFlexLocation: San Clemente, CATechnology: VertiFlex develops minimally invasive products for the treatment of lumbar spinal stenosis. Its Superion Interspinous Spacer system was approved by the FDA last year and is “designed to deliver the implant through a single, small incision in the patient's back,” and is closed with a single suture, according to the company’s website. Given that cost effectiveness of new technology is an overwhelming...
  • Bio Theranostics: Creating Better Cancer Tests

        Name: Bio TheranosticsLocation: San Diego, CATechnology: Bio Theranostics is a molecular diagnostics company that has developed cancer tests. The Breast Cancer Index test can determine future breast cancer risk for survivors as well as the efficacy of anti-estrogen therapy beyond the five-year mark. The company has also developed the Cancer Type ID test that can identify “site of origin for cancers with indeterminate, uncertain, or differential...
  • Apnicure: An Alternative Sleep Apnea Treatment

        Name: ApnicureLocation: Redwood City, CATechnology: Apnicure has developed the Winx Sleep Therapy System to treat patients with obstructive sleep apnea. It is designed to be an alternative to the continuous positive airway pressure masks, often considered the gold standard in treating the disease though patient compliance is low. The system comprises a console, a thin tube that connects the console to a mouth piece that is worn inside the mouth creating a...
  • NiCo: Better Visualization During Brain Surgery

        Name: NiCoLocation: Indianapolis, INTechnology: NiCo is a neurological brain surgery company that has developed several products including the NiCo BrainPath. The device is aimed at improving brain surgery by providing access and visualization of lesions in the subcortical space of the brain. BrainPath received additional clearance last year allowing its use in primary and secondary brain tumors, vascular abnormalities, and secondary bleeds.Money Raised: $15.1...
  • Iowa Approach: New Catheter-based Tools for A-fib

        Name: Iowa ApproachLocation: Iowa City, IATechnology: Iowa Approach is developing a set of catheter-based tools to treat atrial fibrillation or irregular heart rhythm that can cause fatigue, shortness of breath, and other symptoms—and may even lead to stroke.Money Raised: $15 million                              ...
  • Minerva Surgical: RF-Plasma Energy Ablation

        Name: Minerva SurgicalLocation: Redwood City, CATechnology:The company has developed the Minerva Endometrial Ablation System to treat the problem of heavy menstruation in women who are pre-menopausal and do not wish to have more children. The device uses “high voltageradio frequency (RF) electrical current to ionize argon gas that is fully contained and circulated within a sealed silicone membrane of the Plasma Formation Array (PFA)” according to Minerva’s...
  • Convergent-Dental: Anesthesia-free Dental Work

        Name: Convergent DentalLocation: Natick, MATechnology: Convergent has developed the Solea computer-aided hard, soft, and osseous tissue laser. The company boasts that the laser is so fast and precise (not to mention virtually noiseless) that its dentist customers report that they don’t need to use anesthesia in the vast majority of procedures. The isotopic carbon dioxide laser vaporizes enamel, enabling dentists to work anywhere in the oral cavity and from...
  • How to Create a Medical Device Innovation Strategy

    You need your own medical device innovation A-Team that you can run through the stages of a development process. Silicon Valley–based consultant Bruce Lichorowic provides the basics when it comes to doing that.  Bruce LichorowicBruce LichorowicFew if any medical professionals have the time or inclination for creating new medical devices. Clinicians typically use devices they've learned in medical school and make do. If asked, “Is there a better way of doing this?” they'll likely agree...
  • Salt Lake City: The Little Medtech Engine That Could

        Qmed Readers Vote: 5%Salt Lake City is a fast-growing hub. But will it every catch up with the big U.S. hubs?Qmed Staff"People are highly experienced, educated, and entrepreneurial in Salt Lake City. The state is tax favorable, allowing new and existing business to flourish. People want to live here as the climate is great and recreational opportunities are abundant and close by."Utah has a fast-growing medical device industry clustered around its capital: Salt Lake City...
  • Chicago: More Than Big Headquarters?

        Qmed Readers Vote: 5%Chicago has some major medtech OEM headquarters. But can it leverage those headquarters to create a stronger medical device hub?Qmed Staff"It has a broad base of manufacturing and service capabilities. It has strong universities. It is centrally connected. It has a strong and growing tech base. And the local culture of hardworking yet approachable people makes for a great networking and community environment."Two major companies in the medical device...
  • San Diego: Mobile Health Hotbed

        Qmed Readers Vote: 5%San Diego is emerging as an innovator in the field of wireless medical technology, but medtech VC investing is lacking.Qmed Staff"Collaboration between UCSD, Salk Institute research facilities and biomedical field all contribute to medical device innovation.""Most dynamic atmosphere...many small startups""UCSD and med industry push the boundaries for medical device research."Major mobile health innovators including Sotera Wireless, which makes...
  • Los Angeles and Orange Counties: Sunny Times

        Qmed Readers Vote: 9%Edwards Lifesciences' prosperity is a bright spot for the region. Qmed Staff"Innovation is rolling here.""Largest overall group and diversity of medical device companies of all types, which feeds new ideas and cross-pollination"Like the region in general, the medical device industry in Southern California is both massive and sprawled out. There is no single city in the region that is a de facto medical device hub for the region. But most of the...
  • San Jose-Silicon Valley: Innovation Hotbed

         Qmed Readers Vote: 18%Medtech venture capital funding may be dwindling. But the biggest pool of it remains in Silicon Valley. Qmed Staff"Smartest people and newest technology""Lots of smart people""Most risk-taking"Silicon Valley leads the U.S. for venture capital funding. And while the region’s focus is still high tech, it also has a small army of innovative healthcare firms. In recent years, Apple and Google, both  based in Silicon Valley, have shown...
  • Boston-Cambridge: Research Prowess

        Qmed Readers Vote: 12%The region's medical device strength can be summed up in one phrase: R&D. Qmed Staff"Most highly regarded academics and industry leaders in one place""Highest level of game changing innovation"The Boston area is one of the top research hubs on the planet. On top of that, the area is second only to Silicon Valley when it comes to venture capital funding in the United States. Like Silicon Valley, the region is extremely innovative. A...
  • Minneapolis-St. Paul: The Heart of Medical Alley

        Qmed Readers Vote: 31%No doubt, the Twin Cities have a dominant medical device hub. But can the region maintain innovation?Qmed Staff"It's a hotbed of big-name medical device companies, much like Silicon Valley is synonymous with high-tech applications.""Manufacturers, thought leaders, labs, [contract research organizations], investors, biotech—all the right folks within reach.""The dense cluster makes knowledge sharing and collaboration second to none for...
  • The Top 7 U.S. Cities for Medtech Innovation

         Let’s just say that Qmed readers have an affinity for a city nicknamed the “Mini-Apple.”Chris NewmarkerUpdated April 21, 2016It was a scene that one would only see in a major medical device hub: a founder of a string of major medtech companies, Manny Villafaña, telling a crowd of hundreds of device enthusiasts about the bold risk-taking that built Minneapolis-St. Paul into a powerhouse in the field.How many cities in the U.S.—or the world, for that matter—could...
  • Making a Paralyzed Hand Move Again, and Play Guitar

    Researchers in Ohio have enabled a paralyzed young man to once again move his wrist and hand—and complete tasks such as strumming a guitar and swiping a credit card—all through a chip implanted in his brain.Nancy CrottiIan Burkhart can grasp a coffee mug, too. (Image courtesy of Ohio State University)Back in 2014, a paralyzed young man moved his hand for the first time in four years just by thinking about it, thanks to a chip implanted in his brain. Now he can play guitar and perform five...
  • 4 Lessons from Medtech's Greatest Innovators

    Manny Villafaña is one of the founders of Minnesota’s medical device hub. He started some of its major companies and worked with some of the industry’s greatest early innovators. Here are some important lessons he's learned along the way.Chris NewmarkerManny VillafañaManny Villafaña was a key figure in the era of heart device derring-do, in which medical device wonders blossomed amid Minnesota’s “frozen tundra” and the state’s Medical Alley became a hub of innovation.During the 1970s,...