Raleigh firm sues over "defective" migraine devices it claims ruined a medical trial

An Indian engineering firm is firing back against a Raleigh medical device company that had accused it of ruining a clinical trial for a new migraine treatment device......»»

CTI Clinical Trial and Consulting Services, which helps companies develop drugs and medical devices to obtain regulatory approval, plans to add dozens of employees as the Covington-based firm opens new offices in Chicago and Indianapolis. In additi.....»»

SpringTide Ventures has two partners based in the Boston area and plans to invest in digital health, medical devices, life sciences and tech-enabled care delivery......»»

A Pfizer spinoff is suing a Raleigh biotechnology firm and its founder over intellectual property rights. New Jersey-based Zoetis is suing Raleigh-based Applied LifeSciences & Systems and its founder, Ramin Karimpour, claiming that Zoetis — not Kar.....»»

Brooklyn Park-based medical technology firm ShiraTronics Inc. has received a Breakthrough Device designation from the FDA for its neurostimulation therapy for treating migraine headaches it announced Monday. The program helps certain products t.....»»

The firm is planning to raise a Series B round of fundraising between $10 million and $15 million, CEO Matt Monarski said......»»

Abbott A leading antibody test was approved for use in Europe on Wednesday. Medical diagnostics firm Abbott says it will distribute millions of "IgG" tests in Europe by the end of May. These tests will likely be useful.....»»

ChemoCentryx shares more than tripled on Tuesday after the firm, in conjunction with Vifor Fresenius Medical Care Renal Pharma, announced positive topline data from its late-stage trial of avacopan........»»

Deutsche Bank has sued two offshore funds that funneled money to Bernard Madoff for 14 years, accusing them of reneging on their agreement to sell more than $1.6 billion of claims in the bankruptcy of the swindler's firm......»»

A downtown Raleigh startup says it hit unicorn status overnight. Pendo.io, a software firm that began with a handful of employees at a coworking space, has raised a whopping $100-million funding round. The company - now at 389 employees at a downto.....»»

Over six years, the institution filed 36,000 lawsuits against patients seeking a total of more than $106 million in unpaid bil.....»»

Medical claims processor EnableComp LLC is going outside the Greater Nashville area to open its newest office. The Franklin-based company plans to invest $1 million and hire 200 employees in the next five years for its new facility in Tullahoma, .....»»

A Chicago biotech claims in a new lawsuit that Cambridge venture capital firm Third Rock Ventures and bluebird bio CEO Nick Leschly worked to hinder its drug development efforts so it could more easily obtain a key part of its intellectual property. E.....»»

An Annapolis firm focused on building medical devices to monitor heart disease has raised $1.5 million to support clinical trials, as it works to bring its first product to market. Vixiar Medical Inc., a spinout of Johns Hopkins, is developing non-.....»»

Generation Investment Management, of which the former vice president serves as chairman, disclosed Thursday that it has taken large stakes in two medical-devices companies......»»

Apart from heading the medical devices company, Gopalan is also an avid angel investor.....»»

The Ministry of Science and Technology (MOST) has unveiled a trial production line of 3D-printed implantable medical devices established by government-sponsored Industrial Technology Research Institute (ITRI) in Southern Taiwan Science Park (STSP)......»»

The company alleges in its complaint that, when it was looking to increase its revenues, it began interviewing consultants......»»

U.S. medical devices company Boston Scientific said it agreed to buy British health-care firm BTG for $4.24 billion, bolstering its presence in the growing field of interventional medicine......»»

Sparton Corp.'s shares soared 38% in premarket trade Wednesday, after the maker of electromechanical devices for the medical, military and industrial sectors said it has agreed to be acquired by private-equity firm Cerberus for $18.50 a share in cas.....»»