Remove medical-devices-diagnostics
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Alpha Technics Sold To TE Connectivity

socalTECH

Oceanside-based Alphatechnics , a developer of precision temperature sensors used in the medical device, diagnostic and life sciences, has been sold to TE Connectivity. Financial details of the sale were not announced. Alpha Technics was previously owned by private equity investor Gen Cap America.

Equity 113
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Foundry Medical Innovations Opens Startup Incubator In San Diego County

socalTECH

Carlsbad-based Foundry Medical Innovations said today that it has launched a new, medical and diagnostic device incubator in San Diego County, which it says provides a shared workspace, access to technical engineering talent, business and marketing plan support, and connections to the venture capital community.

San Diego 138
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XIFIN Acquired By GTCR

socalTECH

San Diego-based XIFIN , a developer of cloud-based software for the healthcare diagnostics market, has been acquired by private equity investor GTCR. XIFIN supplies its software in the molecular diagnostics, pain management/toxicology, anatomic pathology, radiology, hospital outreach, medical device and clinical laboratory markets.

Windward 138
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WaveTec Vision Gets $16.5M For Cataract Surgery

socalTECH

Aliso Viejo-based WaveTec Vision , which is developing diagnostic devices for cataract surgery, said monday that it has raised $16.5M The funding was led by Burrill & Company, and also included Versant Ventures, Accuitive Medical Ventures, De Novo Ventures and Gund Investment Corporation. more in funding. READ MORE>>.

Funding 154
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Gores Group Buys Therakos

socalTECH

Los Angeles based private equity firm The Gores Group is acquiring a medical device firm, Therakos , from Ortho-Clinical Diagnostics , the company said this morning. Financial terms of the buy were not disclosed. Therakos is a New Jersey developer of extracorporeal photopheresis (ECP) immune modulation therapy products.

Equity 153
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Domain, Versant Portfolio Firm Veracyte Hits IPO Market

socalTECH

Southern California venture capital investors Domain Associates and Versant Venture saw a public exit of one of their portfolio companies this morning, molecular diagnostics equipment maker Veracyte. Veracyte debuted on the NASDAQ Global Market this morning at $13.00 per share, and was trading slightly down at $12.95 this morning.

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Domain Associates In Chinese Healthcare Venture

socalTECH

Domain said the new partnership, Domain Elite , will create new companies and joint ventures in China, which will provide Western companies the financing, regulatory, medical, and marketing support and infrastructure needed to bring their breakthrough products to China.