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Insulin pump maker Insulet has acquired Automated Glucose Management LLC’s belongings associated to its automated insulin supply know-how for $25 million.
The businesses have had a longtime partnership since 2016. The Calif.-based firm’s founders consulted with Insulet in the course of the improvement of its Omnipod 5 Automated Insulin Supply system.
“AGC performed a crucial function in facilitating the profitable translation of analysis into trade by collaborating intently with Dr. Frank Doyle on the College of California Santa Barbara and with Insulet. It’s thrilling to see know-how come out of the analysis lab and mature right into a business utility that improves the lives of individuals with diabetes,” Eric Benjamin, govt VP of innovation, technique and digital merchandise at Insulet, stated in a press release.
That is the second acquisition of belongings introduced by Insulet this week. The Mass.-based firm additionally acquired assets related to Bigfoot Biomedical’s pump-based automated insulin supply (AID) applied sciences for $25 million.
At-home blood assortment system maker Tasso obtained CE Mark certification for its TassoOne Plus, a liquid blood assortment system for house diagnostic testing and decentralized scientific trials.
Receipt of the CE Mark permits the Seattle-based firm to develop its providing all through the European market.
Final summer time, Tasso obtained FDA 510(k) clearance for its patch-like house blood assortment system, the Tasso+.
“The demand for handy, patient-centric care is exploding, and Tasso is on a mission to carry high-quality healthcare into houses worldwide,” Ben Casavant, CEO and cofounder of Tasso, stated in a press release. “This CE Mark unlocks clinical-grade liquid blood assortment for decentralized scientific trials and residential healthcare throughout the European Union, accelerating and increasing entry to care. Regulatory clearances like this one are a testomony to the standard and security of our merchandise.”
Digital neurotherapeutic firm MindMaze introduced the launch of Izar, a sensible peripheral for sufferers with impaired hand motor perform aimed toward bettering hand dexterity and energy.
The hand held system can detect faint ranges of a person’s finger and hand actions and has accompanying gaming content material for self-training to enhance pinch, dexterous grasp and grip.
Izar is offered within the U.S. and European international locations, comparable to France, Germany and Switzerland.
“It is rather thrilling to have a tool for the hand that has the flexibility of Izar. It may well function a controller throughout reach-to-grasp actions, as a coach of grip drive gradation, and as an assessor of dexterity,” Dr. John Krakauer, MindMaze’s chief medical director, stated in a press release. “The system can also be extremely transportable, so it may be used throughout the continuum of care, which is necessary because the higher limb, and the hand particularly, will get comparatively uncared for in neurorehabilitation.”
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