Medical Devices

Biomet reports loss on special charges

July 15, 2009
 IBJ Staff
Biomet Inc. yesterday reported a $170.9 million loss in its fiscal fourth quarter as the result of more than $300 million in special charges.
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Endocyte, Purdue develop prostate cancer treatment device

July 13, 2009
 IBJ Staff
Purdue University researcher Philip Low, also the chief science officer for West Lafayette-based Endocyte Inc., has developed a prostate cancer “homing device” to help anti-cancer agents specifically target prostate cancer tumors.

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Commercializing science takes too long, Cook saysRestricted Content

May 25, 2009
Taking science from the laboratory to the commercial market takes too much time and is littered with potential pitfalls along the way.
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Simple invention targets blanket problem for surgical patientsRestricted Content

May 25, 2009
Chris O'Malley
In a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech, given that its latest product is nothing more than a warm blanket.
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After two decades, future bright for Catheter Research Inc.Restricted Content

February 23, 2009
J.K. Wall
Catheter Research Inc. now is flying high—even in the midst of a bad economy.
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Startup NICO raises another $1.73MRestricted Content

February 16, 2009
Indianapolis-based medical-device startup NICO Corp. has raised $1.73 million from investors.
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Startup NICO Corp. hopes to commercialize brain surgery deviceRestricted Content

April 21, 2008
Peter Schnitzler
Economists call it a "virtuous cycle" when successful entrepreneurs plow their gains into new businesses. Jim Pearson calls it another day on the job. The former Suros Surgical Systems Inc. CEO is attempting to repeat what he already has done: Build a company to bring a promising medical device all the way from the drawing board to the market.
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Advantis Medical Inc. finds niche making orthopedic supplies

March 14, 2005
Ed Callahan
Advantis Medical Inc. manufactures custom trays and cases for orthopedic surgical devices. That core product line brought Advantis some $5.2 million in revenue in 2004, double the amount of the previous year, said Advantis President Jim Spencer.
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