Medtech
Boston Business Journal pulled together a list of the 25 biggest gainers in the state for 2017, and five of them are biopharma companies.
In the wake of sexual harassment allegations, OrbiMed Advisors’ founder and managing partner Sam Isaly has stepped down from his position.
Entellus’ ENT portfolio is led by e XprESS Multi-Sinus Dilation System and the LATERA Absorbable Nasal Implant.
The investigation dates back to a probe launched in May by Israel’s version of the U.S. SEC though the subject matter of the investigation was not initially revealed.
The 3.6mm docking button is designed to allow the Nanostim device to be retrieved after implantation.
The funding round brought in nearly $4 million more than it was originally expecting.
The firm failed to submit a report to the agency of a serious injury that may have been caused by one of the company’s medical devices.
According to the report, Isaly made lewd comments to female employees, subjected them to pornographic images and made “pervasive sexist comments.”
The first round of Indiana employees are expected to be let go January 31 and continue through the end of September.
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