December 2006

 

 
MassMEDIC Notes

December 2006


Hydrocision, Inc. recently announced it has secured an additional $12.7 million in venture financing, bringing the company’s total funding to $28 million. The funding will be used to complete a prospective controlled, randomized trial for microdisectomy and to purchase capital equipment to increase its speed to market and reduce product cost….MassMEDIC members Medical Device Consultants, Inc. (MDCI) and Boston Healthcare Associates, Inc. (BHA) have announced a joint agreement to leverage the regulatory, clinical research, marketing and reimbursement strategy strengths of both organizations to better support the growth of medical device companies. Under the terms of the agreement, MDCI and BHA will work together to deliver comprehensive marketing and reimbursement strategies to gain market access and secure payer reimbursement…Boston Scientific has received FDA approval for its FilterWire EX system. The product is designed to prevent strokes and heart attacks after stents are implanted... Modelle Corporation Auction: Joseph F. Finn, Jr., CPA, assignee for the benefit of creditors (bankruptcy trustee) of Medelle Corporation is auctioning all tangible and intellectual property of the company on Friday December 22, 2006 at Noon at the law offices of Hanify & King, One Beacon Street, Boston, MA. Medelle’s patented infertility process substitutes the laboratory incubation component of conventional In Vitro Fertilization (IVF) with in body incubation. Mr. Finn’s contact information is 781-237-8840 or jffinnjr@earthlink.net. A bid of any amount is welcomed.