MARQUETTE—Officials at Marquette-based Able Medical Devices announced the launch of its Valkyrie Thoracic Fixation System, saying it’s the market’s first single-use radiolucent plating system designed to span the osteotomy and close the sternum after open heart surgery. The system’s unique material properties allow the implant to be contoured in-situ, which saves time and improves efficiency
GRAND RAPIDS—Samaritas, a health and human services nonprofit, announced a partnership with Netherlands-based 1Minuut to introduce assisted reality to care for older adults with dementia. The Samaritas Caregiver Accessible Resources Education Services (CARES) Program is delivered Glass Enterprise Edition 2, a small, lightweight non-medical wearable device with a glanceable display for hands-free work, together with 1Minuut’s Genzõ app, to
KENTWOOD - Autocam Medical Devices LLC plans to invest $60 million over the next three years to expand production capacity in West Michigan. The producer of surgical and medical components and devices expects to build a new 100,000-square-foot global headquarters and production facility at Broadmoor Avenue and 36th Street in Kentwood. Autocam Medical is working Grand
ANN ARBOR—Esperion Therapeutics Inc. announced the appointment of Sheldon Koenig as president, CEO, and board member, effective immediately. He succeeds Tim Mayleben, whom company officials said “decided to step down” after a decade as the company’s CEO. Mayleben will continue to serve as a senior advisor “to help ensure a smooth transition,” company officials said
KALAMAZOO - Stryker and Minor League Baseball have entered into a first-of-its-kind multiyear national partnership, designating the medical device company as The Official SmartRobotics Joint Replacement Partner of Minor League Baseball. Stryker is also the presenting partner of Own the Walk – the first national platform that encourages fans of all ages to stay active
DETROIT – Henry Ford Innovations, in partnership with Google Cloud and Miracle Software Systems, will launch an international competition hosted in Detroit, inviting entrepreneurs to propose their top ideas for reducing health inequities through the use of digital technology. Henry Ford Innovations is the innovations arm of Detroit-based Henry Ford Health System. The winner will
ANN ARBOR—Esperion Therapeutics, developers of a novel class of cholesterol-reducing drugs, announced that an investor group led by New York City-based Oberland Capital Management LLC agreed to provide the third and final tranche of funding under the revenue-based funding agreement totaling $50 million. The remaining funds are being released sooner than expected and in parallel
ANN-ARBOR—Genomenon, the genetics informatics company, has completed a $5.3 million financing round, company officials announced. The financing will enable the company to expand its commercial operations, which serve genetic testing labs, hospitals, pharmaceutical and biopharma companies. New investors in this round of financing included BroadOak Capital Partners LLC of Bethesda, Md., Green Park & Golf
LIVONIA – Hygieia, a digital health company for insulin therapy management, has appointed Ted Bucknam as president. Bucknam will spearhead the company’s clinical expansion, working with endocrinologists, referring physicians and clinic partners throughout Michigan and the U.S. Bucknam’s decades in healthcare operations include senior leadership positions with Concentra, Inc., a national provider of occupational medicine
ANN ARBOR - Swift Biosciences, a pioneer in the development of Next-Generation Sequencing library preparation genomics kits for academic, translational, and clinical research, has been acquired by Integrated DNA Technologies, an Iowa-based comprehensive genomics solutions provider. Terms were not announced. IDT develops and makes nucleic acid products for academic and commercial research, agriculture, medical diagnostics,
