FDA clears Prodigy thrombectomy system from Imperative Care subsidiary Truvic

Truvic Medical, a subsidiary of Imperative Care, announced today that it won FDA 510(k) clearance for its Prodigy thrombectomy system.

Campbell, California-based Truvic — which was acquired by Imperative Care in July 2021 — designed the Prodigy thrombectomy system for the treatment of peripheral vascular thrombus.

Prodigy is used to redefine peripheral vascular thrombus management by enabling single-session thrombus removal without the use of thrombolytics, according to a news release.

“We are excited to receive FDA clearance for our first thrombectomy system. We look forward to working with experts in the field to translate Prodigy’s novel design elements and features into superb clinical outcomes,” Truvic CEO Mike Buck said in the release. “This represents our first regulatory milestone as part of our strategy to advance multiple programs designed to meet patients’ needs and bring more innovative technologies to the market, faster.”

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Imperative Care launches Zoom POD for stroke treatment

[Image from Imperative Care]Imperative Care announced today that it launched its Zoom POD aspiration tubing sterile field clot filter device.

Campbell, California-based Imperative Care designed the Zoom POD to enable faster time to clot capture during critical mechanical thrombectomy procedures for ischemic stroke patients. The company touts Zoom POD as the first and only sterile field clot filter device.

Get the full story at our sister site, Medical Tubing & Extrusion.

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MedTech 100 roundup: Industry shatters all-time best with remarkable rise

The medtech industry’s steady growth provided optimism in recent weeks, but an unforeseen leap sees it hitting new heights now.

MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week (July 16) at 145.88 points, a remarkable 27.1% rise week-over-week, registering by far the greatest increase the index has seen since its inception.

Remarkably, the industry’s July 9 tally of 114.79 points a week prior had, at that point, been known to be the index’s all-time best to date. The new high set on Friday of last week totals an increase of 31.09 points.

Medtech’s performance continues to reflect an overall rebound from the struggles brought on by the COVID-19 pandemic, too, especially after this latest unpredictable rise. The industry has registered a 58% increase from the pre-pandemic high of 92.32 (set on Feb. 19, 2020), plus it has fully eclipsed 100% growth from the mid-pand…

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Imperative Care raises $260M Series D for stroke care tech, acquires Truvic Medical

Imperative Care announced today that it closed a $260 million Series D financing round to support its stroke care technologies.

Campbell, Calif.-based Imperative Care had its funding led by D1 Capital Partners, with new investors HealthCor Investments and Innovatus Capital Partners also joining the round. Existing investors Ally Bridge Group, Bain Capital Life Sciences, Ascension Ventures, Delos Capital, Rock Springs Capital and Amed Ventures participated.

As a result of the financing, James Rogers of D1 Capital Partners will join Imperative Care’s board of directors, according to a news release.

The company said it earmarked proceeds from the financing for the support of the ongoing commercialization and development efforts across its portfolio of stroke care technologies. Additionally, funds will be used to create a strategic network of wholly-owned development subsidiaries in a range of areas.

“We are grateful for the confidence our inves…

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20 medical device startups you need to know

The medtech industry isn’t immune from COVID-19 troubles, but exciting innovation continues. These 20 medical device startups have grabbed our attention.

Tom Salemi, DeviceTalks Editorial Director and Sean Whooley, Assistant Editor

A number of medical device startups continue to make waves across the space, with new technologies and eye-watering fundraising rounds highlighting some exciting prospects.

From treating children with congenital heart disease to therapy that alleviates the effects of traumatic nightmares — and with plenty more innovations between — there is no shortage of intriguing medical devices and therapies coming up through the ranks.

“Even in the face of the COVID-19 pandemic, we continue to see tremendous energy in the medtech innovation ecosystem,” said Paul Grand, CEO of MedTech Innovator. “We are noticing a strong trend of minimally invasive medical devices that improve patient outcomes and require less time spent in th…

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20 medical device startups you need to know

The medtech industry isn’t immune from COVID-19 troubles, but exciting innovation continues. These 20 medical device startups have grabbed our attention.

Tom Salemi, DeviceTalks Editorial Director and Sean Whooley, Assistant Editor

A number of medical device startups continue to make waves across the space, with new technologies and eye-watering fundraising rounds highlighting some exciting prospects.

From treating children with congenital heart disease to therapy that alleviates the effects of traumatic nightmares — and with plenty more innovations between — there is no shortage of intriguing medical devices and therapies coming up through the ranks.

“Even in the face of the COVID-19 pandemic, we continue to see tremendous energy in the medtech innovation ecosystem,” said Paul Grand, CEO of MedTech Innovator. “We are noticing a strong trend of minimally invasive medical devices that improve patient outcomes and require less time spent in th…

Read more
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