Month: November 2017

Targeted Radiotherapy Combined with Immunotherapy Kills 100% of Colorectal Cancer

Researchers from Memorial Sloan Kettering Cancer Center and from MIT are reporting the development of a new combination therapy that completely eliminates colon cancer, at least in laboratory mice. The technique is a type of radioimmunotherapy, which delivers radioactive particles directly to tumors on the backs of targeting antibodies that seek out those tumors. In their […]

Ocular Therapeutix™ Reports Third Quarter 2017 Financial Results and Provides Corporate Update

BEDFORD, Mass.–(BUSINESS WIRE)–Ocular Therapeutix™, Inc. (NASDAQ:OCUL), a biopharmaceutical company focused on the development, manufacturing and commercialization of innovative therapies for diseases and conditions of the eye, today announced financial results for the third quarter ended September 30, 2017, and provided a corporate update. “In addition to refining our manufacturing process for DEXTENZA™, we are also working diligently on a continuous improvement plan that will bring our manu

Nanoporous Needles May Significantly Boost Effectiveness of Acupuncture

Acupuncture still has a way to go to prove itself useful in many clinical applications, but its effectiveness may be significantly boosted by improving the needles that are used. A study in journal Nature Scientific Reports by researchers at DGIST (Daegu Gyeongbuk Institute of Science and Technology in South Korea) introduces acupuncture needles that have minuscule holes […]

Alimera posts $5.3 million quarterly loss

Alimera Sciences reported a GAAP net loss of $5.3 million in the third quarter of 2017 compared with a loss of $9.2 million in 2016’s third quarter.
Quarterly basic and diluted net loss was $0.08 per share compared with a basic and diluted net loss of $0.16 per share last year, according to a company press release.
Consolidated net revenue rose by $1.5 million to $9.8 million in the quarter compared with net revenue of $8.3 million in the third quarter of 2016.
Operating expenses decreased to $12.6 million in the quarter compared with $15.1 million in 2016’s third quarter, while the

Medtronic’s Compact Intellis Implantable Neurostimulation System Cleared in Europe

Medtronic won European regulatory approval for its Intellis system, which can be used for either spinal cord or peripheral nerve neurostimulation to help relieve chronic pain. This is currently the smallest implantable spinal cord stimulator on the market, which was released in the U.S. only a couple of months ago. The Intellis implant delivers both […]

Exponential Medicine by Singularity University Live Streaming This Week

For those excited for, but unable to attend, Exponential Medicine 2017 conference this week organized by Singularity University, can check out the event’s live stream to tune in for a wide range of speakers, presentations, and announcements. This year’s event speakers include some perennial favorites and a couple new faces: Daniel Kraft, MD Faculty Chair for […]

microMend, a Novel and Time-Saving Wound Closure Device

Sutures and staples are the usual options for closing wounds postoperatively, but they can be painful and require surgical skills. The microMend Skin Closure Device, produced by Seattle-based KitoTech Medical, provides a potentially better alternative. The design of the microMend is conceptually similar to a bandage, like Steri-Strip. The device is made of a thin […]

Kala Pharmaceuticals submits NDA for Inveltys

Kala Pharmaceuticals has submitted a new drug application to the FDA for Inveltys, its inflammation and pain treatment candidate for those who have undergone ocular surgery, according to a company press release.
Inveltys (KPI-121 1%) is a twice-a-day topical ocular corticosteroid that utilizes the company’s proprietary mucus penetrating particle (MPP) technology, selectively sized nanoparticles with coatings that enhance drug penetration and distribution in ocular tissues, the release said.
Two phase 3 clinical trials, in which Inveltys achieved statistical significance over placebo in

ACP: Physicians must promote patient safety

Jack Ende
ACP recently published a new position paper asserting that improvements to patient safety are gravely needed in the outpatient setting while offering recommendations to address the issue.
“In recent years, much attention has been focused on improving patient safety in hospitals,” Jack Ende, MD, MACP, president of ACP, said in a press release. “We now must extend that focus to include the ambulatory setting. Medical errors that happen outside of the hospital are just as important to prevent.”
The paper, “Patient Safety in the Office-Based Practice Setting,”

NovaBay Pharmaceuticals to Hold Third Quarter 2017 Conference Call on November 14

EMERYVILLE, Calif.–(BUSINESS WIRE)–NovaBay® Pharmaceuticals, Inc. (NYSE American: NBY), a biopharmaceutical company focusing on commercializing its prescription Avenova® lid and lash hygiene product for the domestic eye care market, announces that it will report third quarter 2017 financial results after market close on Tuesday, November 14. Management will hold an investment community conference call that day to discuss financial results and provide a Company update.   DATE:   Tuesday, Novem

LumiThera secures $5.5 million in Series B financing

LumiThera has closed $5.5 million in Series B financing to support development of its LT-300 device for treating dry age-related macular degeneration, according to a company press release.
The lead investor was WaterStone Capital, with RPR Venture as a co-investor.
Proceeds from the financing will be used to continue the company’s work obtaining regulatory clearances in Europe and additional countries outside of the United States.
“We are pleased with the investor interest in the company and have oversubscribed the Series B round,” Clark Tedford, PhD, president and CEO of

trans-Tango, a Brain Network Mapping Technique to Help Understand Neuro Diseases

Researchers at Brown University have developed a practical new way of imaging the activity between individual neurons in the brain, providing scientists with a powerful tool to study neural diseases, their causes, and potential treatments. The technology has been trialed in fruit flies and has already resulted in previously unmapped neural circuits related to eating […]