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Augmedics secures $82.5M to develop an augmented reality platform for spine surgery
July 4, 2023 FDAcop

Augmedics secures $82.5M to develop an augmented reality platform for spine surgery

Augmedics, an augmented reality surgical-navigation platform, has raised $82.5 million in Series D financing led by CPMG. The funding round also included participation from Evidity Health Capital, as well as current investors Revival Healthcare Capital, H.I.G. Capital, Almeda Ventures, and others. Augmedics’ flagship product, the xvision Spine System, received FDA clearance in 2019. This system […]

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Latest News: Medical IP’s AI Body Composition Analysis Software Clears US FDA’s Roundup alongside other briefs
July 4, 2023 FDAcop

Latest News: Medical IP’s AI Body Composition Analysis Software Clears US FDA’s Roundup alongside other briefs

Medical IP, a South Korean medical imaging company, has received FDA clearance for its AI-powered body composition analysis software. The software, called DeepCatch, automatically analyzes body components through whole-body CT scans and provides 3D visual and quantitative information. Indian health tech company Augnito has introduced ambient technology for clinical documentation. The technology transcribes doctor-patient consultations […]

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CPT III code granted to icometrix, an AI-enhanced brain imaging company
July 4, 2023 FDAcop

CPT III code granted to icometrix, an AI-enhanced brain imaging company

Belgium-based AI company icometrix has received a CPT III code from the American Medical Association, allowing reimbursement for its FDA-cleared brain MRI quantification software. The software provides metrics for cerebral MRI scans to aid clinicians in diagnosing and monitoring neurological conditions such as Alzheimer’s disease, multiple sclerosis, and Parkinson’s disease. This code will enable healthcare […]

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