Flosonics Medical Archives - Medical Design Sourcing

Flosonics raises $20M for wearable ultrasound patch

The FloPatch wearable ultrasound patch. [Image from Flosonics]Flosonics announced that it raised $20 million in a Series C financing round to support its wearable ultrasound technology.

New Leaf Venture Partners led the round, which had participation from existing investors Arboretum Ventures, Genesys Capital and iGan Partners. As part of the deal, Vijay Lathi of New Leaf will join the board of directors at Flosonics.

Sudbury, Ontario-based Flosonics plans to use the funds to support its FloPatch device. It hopes to accelerate commercial growth, expand indications for use and continue evidence generation. The company wants to address the growing demand for wearable AI-assisted sensors.

FloPatch, a first-in-class wearable Doppler ultrasound technology, provides hemodynamic assessments. Flosonics designed FloPatch to streamline and inform clinical diagnoses regarding fluid resuscitation and management. The wearable ultrasound could help improve patient manage…

The best medtech innovations of 2023

Recognize this medtech innovation? It was one of the nominees for the Galien Foundation’s 2023 Prix Galien USA Awards. [Image courtesy of Boston Scientific]

The Galien Foundation’s 2023 Prix Galien USA Awards recognized a first-of-its-kind cancer diagnostic and other medtech innovations.

Announced last week, the Galien Foundation’s annual Prix Galien awards highlight devices, biotechnology and pharmaceutical products designed to improve the human condition.

“The outstanding quality of the submissions is a testament to the promising future of the life sciences industries,” said former Johnson & Johnson CEO and Chair Alex Gorsky — one of the awards jurors — in a news release announcing the nominees.

Last year’s winners included Cala Health, Abbott, Edwards Lifesciences and Roche. (See all of 2022’s nominees here, including many that were nominated again in 2023.)

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The 24 best medical device innovations of 2022

The Galien Foundation recently announced its nominees of medical device innovations for its 2022 Prix Galien USA awards.

There are 24 medical technologies nominated for the annual award this year, up from 18 nominees in 2021.

The Galien Foundation’s annual Prix Galien awards highlight devices, biotechnology and pharmaceutical products designed to improve the human condition.

Nominees need to be FDA-approved for the market within the last five years and show major potential to affect healthcare. The winners will be announced in October at the Prix Galien USA Awards in New York City.

This year, the foundation nominated 24 medical device innovations, 22 biotechnology products and 33 pharmaceutical agents. The devices range from an intraocular lens to a bariatric stapler.

“Every year, evaluating and recognizing the amazing submissions that come through for the Prix Galien Awards is one of the greatest honors,” said Dr. Sue Des…