Exactech Acquires XpandOrtho

UF startup Exactech, a developer and producer of bone and joint restoration products and biologic solutions for extremities, knee, and hip, announced that it has acquired XpandOrtho, a designer of soft tissue balancing instruments for knee replacement surgery. Exactech plans to incorporate XpandOrtho’s technology to enhance its ExactechGPS® computer-assisted surgery system, the only navigation system […]

Peerfit Snags $18 Million in Latest Funding Round

UF startup Peerfit, the Tampa-based digital health startup, has secured another multimillion-dollar funding deal. An $18 million Series C funding deal with Peerfit closed March 18, according to Virgo Investment Group managing director Pooja Goel in an interview with the Tampa Bay Business Journal. The investment group is based out of Silicon Valley. The clincher for the […]

Four of 16 Cade Prize Finalists Are Local

Four of the Sweet 16 finalist for the annual Cade Prize are local companies. Cade officials said in a news release Friday that the Sweet 16 finalist expo will be held April 10 and the Final Four will be honored at the Inventivity Bash May 18. The Cade Prize rewards inventors and entrepreneurs who demonstrate […]

CRO Clinipace Adds to Capital Raising With Another $4 Million

UF startup Clinipace Inc., a contract research organization, has raised $4 million by selling private equity, according to a filing Thursday with the Securities and Exchange Commission. The Morrisville-based company raised the money from 13 investors, according to the filing. Clinipace had raised $5.7 million in September 2018 and $10 million in December 2017. Learn more about CRO […]

Exactech Wins FDA Nod for Alteon Cup, XLE Liner Acetabular System

UF startup Exactech said it won FDA 510(k) clearance for its new Alteon Cup and XLE liner acetabular system. The Gainesville, Fla.-based company said that the newly released devices are integrated into its Alteon Platform system. The Alteon Cup will include multiple implant configurations and bearing options and features an asymmetric porous coating. Exactech said […]

Cannabix Technologies Provides Update on Marijuana Breathalyzer Development

UF startup Cannabix Technologies Inc., developer of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace, is pleased to report that early testing with its breath collection unit (“BCU”) has thus far provided stable and consistent results. In late January, the Company received an initial version of its portable handheld device for the collection […]

Exactech Knees Deliver Excellent Results

Exactech, a developer and producer of bone and joint restoration products for extremities, hip and knee, announced today new scientific and clinical research that documents excellent results with the Truliant® Total Knee System implants and instruments and ExactechGPS® computer-assisted technology. The studies, which also demonstrate positive surgeon experience and improved accuracy in total joint replacement, […]

How Machine Learning-Based Security Sees Risk Faster than Legacy Tools

This opinion piece by eWeek’s Zeus Kerravala discusses UF startup Red Lambda’s MetaGrid, which works in what was described as “stream time,” in which the telemetry data is constantly being analyzed, enabling risks to be found based on behaviors. Machine learning (ML) and artificial intelligence (AI) are in the process of changing almost every aspect […]

Peerfit Pushes Deeper Into Medicare Advantage Markets

Digital fitness benefits platform Peerfit, a UF startup located in Tampa, has announced that it will be launching a new service in 2020 built specifically for Medicare Advantage plan members. Peerfit Move will work much like its parent service, allowing users to book fitness appointments and gym memberships while connecting to a community of other […]

FDA Clears Advancements for Viewray MRIdian Radiation Therapy System

UF startup ViewRay Inc. received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market new soft tissue visualization capabilities for its MRIdian image-guided radiation therapy (IGRT) system. The new upgradable capabilities enhance the features of MRIdian’s SmartVISION MRI (magnetic resonance imaging), including: Expanded high-definition visualization and enhanced contrast between different tissues, to […]