Corindus Vascular Robotics, the Israeli-founded developer of precision vascular robotics has entered into a definitive agreement to be acquired by German medtech company Siemens Healthineers, the medical robotics company announced last week. Under the agreement, Siemens Medical Solutions, a subsidiary of Siemens Healthineers, will acquire all issued and outstanding shares of common stock of Corindus […]

Magenta Medical, the heart failure solutions developer based on proprietary miniaturized blood pump technology announced they have raised funds Monday in a round led by global venture capital firm New Enterprise Associates (NEA.) No financial details of the round were disclosed, but the round is said to be NEA’s first-ever life sciences investment in Israel, […]

The Israeli Minstry of Economy and Industry and the Israel Innovation Authority announced Wednesday they were doling out over NIS 25 million ($6.9 million) in grants to innovative medical technology companies. The funding is part of an R&D program to support new and innovative medical technologies, the companies said. “As part of our overall strategy, […]

The Kfar Saba-based company received FDA approval for its FFRangio System, a non-invasive device that delivers FFR guidance to optimize PCI therapy decisions.