20 March 20, 2017

Trends in Blood Collection Favor Fewer Phlebotomies, Focus on Patients

By Madeleine Johnson | March 20, 2017 NEW YORK (360Dx) – A vast array of diagnostic tests are run using blood samples, leading to an estimated 350 million needle sticks annually in the US. Although the technology for blood draws has previously remained relatively unchanged for tens, if not hundreds of years, a number of [...]

10 March 10, 2017

Going for blood, S.F. med device company – not Theranos – snags $17 million

By Ron Leuty | San Francisco Business Times | March 10, 2017 A young Bay Area company, promising to make blood draws easier, has snared $17 million in funding from a group of venture capital firms and health care providers. But if Velano Vascular Inc.’s promise of easier blood draws rings similar to that of Theranos Inc., the [...]

7 March 7, 2017

Velano Vascular Nets $17M to Roll Out Needle-Free Blood Draw

By Amirah Al Idrus | March 7, 2017 Velano Vascular raised $17 million in financing, which it will put toward scaling and commercializing its line of vascular access devices. The company scored FDA clearance for its second-generation, needle-free blood draw device last week. Inpatient blood draws are one of the most common invasive medical procedures, [...]

7 March 7, 2017

Velano Vascular Raises $17M for a Needle-Free Blood Draw Device

By Bérénice Magistretti | March 7, 2017 Blood drawing and testing may have been tainted by the Theranos scandal last year, but that hasn’t kept investors from backing Velano Vascular. The San Francisco-based startup, which has developed a needle-free device to draw blood, today announced a new investment of $17 million. This technology could reduce the [...]

27 February 27, 2017

FDA OKs Velano Vascular’s Next-Gen Needle-Free Blood Draw Device

By Amirah Al Idrus | February 27, 2017 The FDA cleared Velano Vascular’s second iteration of its needle-free blood draw device, which attaches to the peripheral IV line that most hospital patients already have, cutting down on repeated needle sticks that are the norm for blood collection. A peripheral IV, used to deliver fluids, medication or [...]

27 February 27, 2017

Velano Vascular Wins FDA 510(k) for PIVO™ Needle-Free Blood Draw Device

By Fink Densford | February 27, 2017 Velano Vascular said today it won FDA 510(k) clearance for its Pivo needle-free vascular access device designed for drawing blood. The San Francisco, Calif.-based company said its Pivo is a single-use disposable device designed to take blood samples from indwelling peripheral IV lines to reduce the amount of needle [...]

6 January 6, 2017

Silicon Valley Cash Is Still Chasing Blood Despite Theranos Bust

By Elizabeth Whitman | December 10, 2016 Patients at Sacramento, Calif.-based Sutter Health's hospitals and clinics across Northern California could soon have their blood drawn a little differently. Instead of sticking a patient with a needle, nurses will tap into existing peripheral IV lines using a device called a PIVO. Sutter has begun using the [...]

5 January 5, 2017

How to Draw Blood Without a Needle: Sutter Health to Evaluate PIVO™ System

By Elizabeth Whitman | December 10, 2016 Patients at Sacramento, Calif.-based Sutter Health's hospitals and clinics across Northern California could soon have their blood drawn a little differently. Instead of sticking a patient with a needle, nurses will tap into existing peripheral IV lines using a device called a PIVO. Sutter has begun using the [...]

30 November 30, 2016

The Wall Street Journal Online: Startups Have Ally in Health System Innovation Chiefs

CHIEF INNOVATION OFFICERS FORGE TIES WITH STARTUPS By Brian Gormley | November 30, 2016 Startups striving to land health systems as customers have a new friend: the medical system’s chief innovation officer. Health systems seek technologies to help them improve outcomes, lower costs, and deliver better patient experiences. Thanks to an explosion in medical-related venture [...]

29 November 29, 2016

Sutter Health to Offer Velano’s Needle-Free Blood Draw Device

By Amirah Al Idrus | November 29, 2016 Sacramento’s Sutter Health is piloting Velano Vascular’s needle-free blood draw technology. It is among the first health systems in the country to offer the tech, which is based on the peripheral IV line that most in-patients already have. Sutter Health joins several other health systems, including Intermountain Healthcare [...]

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