Industry News
The latest medical device regulatory news, clinical trials, and market insights

Lilly Completes $3.56 Per Share Cash Acquisition of Adverum with Additional CVR Potential
Meta description: Eli Lilly finalizes the acquisition of Adverum Biotechnologies for $3.56 per share plus contingent value rights worth up…

Procure Ai Raises $13M Seed Funding to Expand AI Procurement Platform Across Europe
Meta description: London-based Procure Ai secures $13 million seed capital to accelerate product development and expand autonomous procurement services into…

Justice Department Reviews RedSail Acquisition of Micro Merchants Systems
Meta description: The US Justice Department is reviewing RedSail Technologies’ acquisition of Micro Merchants Systems, raising potential antitrust considerations in…

US Agricultural Sector Secures Seed Funding for Expansion Amid Political Shifts
Meta description: US agriculture gains new seed funding support, signaling potential growth opportunities for the sector amid a shifting political…

Teck Secures Court Approval for Merger with Anglo American, Closing Conditions Remain
Meta description: Teck Resources wins final court approval for a merger with Anglo American, pending regulatory clearances and closing conditions.…

Medida Secures $4M Seed Funding to Scale AI-Powered Renovation Measurement Platform
Meta description: Israeli startup Medida raises $4M in Seed funding to expand its AI-driven smartphone measurement technology and targets profitability…

VSee Health Launches Series B Convertible Preferred Stock to Strengthen Capital Structure
Meta description: VSee Health introduces Series B Convertible Preferred Stock with clear conversion triggers and liquidation priority, aiming to support…

Airseekers Lands Series A Funding as Cash Flow Pressures Ease
Meta description: Airseekers, maker of robotic lawn mowers, secures Series A funding from major investors to stabilize cash flow and…

Unconventional AI Secures $475M Seed Funding, Hits $4.5B Valuation in Two Months
Meta description: Neuromorphic computing startup Unconventional AI raises $475 million in seed funding, reaching a $4.5 billion valuation within two…

SanegeneBio Raises $110M in Series B to Advance RNAi Drug Pipeline
Meta description: SanegeneBio secures over $110M in Series B funding from major investors to expand RNAi drug development for multiple…

Swissmedic Announces Therapeutic Expansion for Blenrep®: Key Updates for Regulatory Teams
On December 13, 2025, Swissmedic announced the extension of the therapeutic indication for Blenrep®, signaling a significant development in its…

FDA Grants Approval to Avance Nerve Scaffold for Treating Sensory Nerve Discontinuity
The U.S. Food and Drug Administration (FDA) has approved Avance (acellular nerve allograft-arwx), a novel nerve scaffold, for surgical implantation…