The National Venture Capital Association has cited the 2.3% medical device tax set to begin next year as a top priority for repeal after the recent election. The group said the Democratic Senate might want to debate the levy "in the context of overall tax reform," a vision shared by AdvaMed, which in February issued a set of principles for amending the nation's tax system.
Nihon Kohden has agreed to acquire Defibtech, a Guildford, Conn.-based maker of automatic external defibrillators, in a deal set to be finalized at the end of the month. The deal will allow the Tokyo device company to strengthen its foothold in the U.S. resuscitation technology market.
Mako Surgical, which has developed a knee and hip replacement surgical robot, hopes to obtain $42 million in a public offering of 3.04 million shares valued at $13.15 apiece. The Davie, Fla.-based company plans to use the proceeds from the offering to support its research and development efforts, among other functions.
A regulatory filing disclosed that Hansen Medical has obtained $10 million in a funding round. The Mountain View, Calif.-based company develops flexible robotics technology for clinical uses, including the Magellan Robotic System designed to aid doctors during intravascular procedures.