October 9, 2007 - Biophan Technologies Inc., a developer of biomedical technology, announced it has closed the $11 million cash sale of a portion of its patents to Medtronic and it will invest $1.2 million in Myotech, in order to position itself in the acute heart failure treatment market.

The first transaction was completed with its note holders, providing approvals necessary to close Biophan’s deal with Medtronic for an $11 million cash sale of a portion of the Company's patents.

October 9, 2007 - Luna Innovations Inc. has entered into a joint marketing alliance agreement with Terumo Cardiovascular Systems Corp. (Terumo CVS), in which Luna and Terumo CVS will market Luna’s EDAC (Emboli Detection and Classification) Quantifier, as part of Luna's strategy to expand its presence in the U.S.

October 9, 2007 - W. L. Gore & Associates (Gore) announced that the FDA granted approval for the use of GORE HELEX Septal Occluder with a modified catheter delivery system indicated for the transcatheter closure of atrial septal defect (ASD), providing a percutaneous ASD closure solution for very young patients.

October 9, 2007 - OmniSonics Medical Technologies Inc. has received clearance from the FDA to market its catheter based OmniWave Endovascular System for the infusion of physician specified fluids, including thrombolytics, and for the removal of thrombus in the peripheral vasculature, as the company targets the deep vein thrombosis (DVT) market.

October 9, 2007 - Physio-Control Inc., a wholly owned subsidiary of Medtronic, Inc., today announced that the LUCAS Chest Compression System is available in the U.S. through an exclusive distribution partnership with JOLIFE AB, expanding its reach of its emergency medicine device portfolio.

October 8, 2007 - Drug-eluting stents were found to be most effective in reducing the need for repeat angioplasty procedures or bypass surgery in angioplasty patients at the ‘highest risk for a renarrowing of the artery around the stent, without significantly increasing the rate of death or risk of heart attack, said a new study by Ontario’s Institute for Clinical Evaluative Sciences (ICES) and McMaster University’s Program for Assessment of Technologies in Health.

October 8, 2007 - Enova Medical Technologies said today it developed new LED technology for cordless surgical headlights reaching light output levels exceeding 200,000 lux at 14 inches.
The company says this new technology provides light intensity comparable to most 300-watt fiber optic xenon headlight systems that are commonly used by “deep cavity” surgeons, such as cardio, colorectal, neuro, orthopedic, thoracic, and vascular surgeons.

October 8, 2007 - Cincinnati Sub-Zero (CSZ) Products Inc. released its Kool Kit noninvasive, integrated, whole-body hypothermia system in September.

October 5, 2007 – Royal Philips Electronics announced it will acquire U.S.-based Raytel Cardiac Services, a division of Raytel Medical Corp., and other ancillary operations from SHL Telemedicine Ltd., for approximately $110 million in cash, as part of Philips’ strategy enhance its healthcare offerings in cardiology.

October 5, 2007 - InSite One Inc. recently announced the signing of a co-marketing agreement with Technology Imaging Services (TIS), aiming to provide TIS and their clients with a comprehensive tool kit in archiving, storage and data recovery solutions for these specific data sets.

According to the company, InSite One’s InDex Archive currently contains over 1.3 billion individual medical images and records, nearly 20 million studies, for over 500 facilities nationally. On a monthly basis, the InDex Archive reportedly averages 500,000 plus new studies.

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