• 27 November 2012

    Endosense, a pioneer and leader in force-sensing technology focused on improving the efficacy and safety of catheter ablation for the treatment of cardiac arrhythmias, has announced the close of a USD 40.3 million/CHF 37.4 million series C financing. Led by new investor NGN Capital, the round drew large participation from all existing investors, including Edmond de Rothschild Investment Partners, NeoMed Management, Gimv, VI Partners, Sectoral Asset Management, Ysios Capital Partners and Initiative Capital Romandie, as well as multiple employees. Proceeds will be used to support the growth of a new direct sales organization in Europe; commercialization of the recently introduced third-generation TactiCath Quartz forcesensing catheter in the region; development of next generation products; completion of the TOCCASTAR investigational device exemption (IDE) clinical study follow-up and FDA approval submission for the TactiCath; and, the launch of the device in the United States.

  • 16 November 2012

    Santhera Pharmaceuticals (SIX: SANN)announced today that the opinion of the Committee for Medicinal Products for Human Use (CHMP) on its Marketing Authorization Application (MAA) for Raxone® in the treatment of Leber's Hereditary Optic Neuropathy (LHON) is expected to be obtained in early 2013.

  • 8 November 2012

    NeoMed Management is pleased to announce that Vessix Vascular, Inc., an emerging medical technology company in which NeoMed has been the lead investor since 2007, has agreed to be acquired by Boston Scientific Corp., a leading US headquartered medical device company, for up to $425M. The agreement calls for an upfront payment of $125M on closing and up to $300M in clinical and sales related payments.

  • 5 November 2012

    Creabilis SA, a European biotechnology company specialising in the development of treatments in dermatology, inflammation and pain today announces that it has been granted a prestigious Biomedical Catalyst funding award, of £1.42m. Creabilis is one of the first companies to receive this award that will be used to advance the development of its clinical stage topical kinase inhibitor, CT327.

  • 30 October 2012

    Sequana Medical is pleased to announce that it has received CE mark approval for use of its alfapump® system in patients with ascites caused by cancer (malignant ascites). The alfapump® system was first introduced to the European market last year for patients with refractory ascites caused by advanced liver disease. The system is fully implantable, and automatically and continually collects ascites from the abdominal cavity and moves it to the bladder, where it is excreted naturally from the body.