D. Medical prices IPO below expectations; Memphis a hotspot for rising devicemakers;

 @FierceMedDev: Medtronic opens first patient care center in China to improve understanding of medical technology. Story | Follow @FierceMedDev

> Israeli medical device maker D. Medical Industries priced its initial public offering of U.S.-listed shares below expectations, raising $10.5 million, the company said. Story

> Memphis has become well known as the home of a multibillion-dollar medical device industry primarily through large, international companies including Medtronic, Smith & Nephew and Wright Medical Group Inc. But the industry is growing as these major manufacturers spawn smaller, more narrowly focused companies, many started by their former employees. News

> Abbott Laboratories released Xience V, its first drug-covered heart stent, in the summer of 2008. Within 10 weeks, it was the best-selling product of its kind in the world. The company hopes its next stent--the tiny wire-mesh tubes that keep clogged blood vessels open--will continue that winning streak. Item

> To meet the needs of their growing European client base, medical device consultancy Emergo Group has opened a new office in Hamburg, Germany. Article

> DFine, developer of minimally invasive solutions for treating vertebral pathologies, announced today the appointment of Lewis Yee to the position of CFO. DFine release

> Spencer Capital, Boston Avenue Capital and Heartland Advisors (Concerned Osteotech Stockholders), which collectively own approximately 24 percent of Osteotech's (Nasdaq: OSTE) outstanding common stock, commented today on Osteotech's second quarter 2010 financial results and management's evaluation of strategic alternatives.  Concerned Osteotech Stockholders release

> From smart phones to medical equipment, embedded processors are everywhere and getting increasingly more powerful. One University of Houston (UH) professor's work with Texas Instruments (TI) is making it easier to develop these types of systems. Barbara Chapman, a UH professor of computer science, and her team have been collaborating with design engineers at TI for two years and, for the second time, received a $100,000 grant from TI to further this research. University of Houston release

And Finally... The University of Calgary, Faculty of Medicine scientists who proved it is possible to cultivate a network of brain cells that reconnect on a silicon chip-or the brain on a microchip-have developed new technology that monitors brain cell activity at a resolution never achieved before. News