Financial & Business News
-
Diagnostics
Hologic, Bayer Team Up for Contrast-Enhanced Mammography
The "CEM" imaging modality aims to enhance digital mammography with a contrast agent for earlier breast cancer diagnosis.Sam Brusco, Associate Editor 09.21.23
-
FDA Awards Nearly $7.5 Million to Pediatric Device Consortium
The federal funding fosters development and commercialization of medical devices designed for children.Michael Barbella, Managing Editor 09.20.23
-
Surgical
Virtual Incision Nets Additional $30M in Funding for Mini-Surgical Robot
The company will use the Series C funding extension to support a gynecologic clinical study planned for 2024.Sam Brusco, Associate Editor 09.19.23
-
Inogen Completes Acquisition of Physio-Assist
Physio-Assist’s Simeox is a tech-enabled airway clearance and mucus management device mainly aimed at treating bronchiectasis.Sam Brusco, Associate Editor 09.18.23
-
Diagnostics
GE HealthCare Awarded $44M Grant to Develop AI-Assisted Ultrasound Tech
The Bill & Melinda Gates Foundation grant will help GE HealthCare's Caption Health develop the technology.Sam Brusco, Associate Editor 09.18.23
-
electroCore, Reliefband Technologies Sign Distribution Agreement
electroCore will disseminate Reletex to Veterans Affairs entities.Michael Barbella, Managing Editor 09.15.23
-
Diagnostics
Fortis Life Sciences Acquires International Point of Care
The union creates a customizable, end-to-end solution for the diagnostics industry.Michael Barbella, Managing Editor 09.15.23
-
NeuroSigma Establishes Singapore Subsidiary
The new entity enables strategic research partnerships and provides a platform for southeast Asia commercialization.Michael Barbella, Managing Editor 09.15.23
-
Mayo Clinic, GE HealthCare Ink Medical Imaging & Theranostics Deal
The new collaboration aims to forge an integrated innovation engine to advance the practice of radiology and care.Sam Brusco, Associate Editor 09.14.23
-
Chronic Disease
AWAK Raises $20M in Series B
The company will use the proceeds for its upcoming U.S. pivotal trial for its wearable dialysis device.Sam Brusco, Associate Editor 09.14.23
-
Surgical
Vicarious Surgical, Intermountain Health Begin Partnership
Vicarious said the partnership, if successful, could expand minimally invasive treatment options and offer enhanced tools for the best possible surgical care.Sam Brusco, Associate Editor 09.13.23
-
Rockwell Medical Buys Hemodialysis Concentrates Business From Evoqua
The $16 million deal significantly expands Rockwell Medical's geographic footprint, customer base, and product offerings.Michael Barbella, Managing Editor 09.11.23
-
Diagnostics
EDP Biotech Corp. Merges With New Day Diagnostics
The combined entity will be able to address multiple indications.Michael Barbella, Managing Editor 09.11.23
-
Philips Settles Class-Action Lawsuit Over Respirator Recall
The company will make an initial $479 million payment to settle "economic loss" claims due to recalled CPAPs, BiPAPs, and ventilators.Sam Brusco, Associate Editor 09.08.23
-
Liberate Medical Gains $6.2 Million in Series B Funding
Money will help finance the clinical trial of the company's VentFree Respiratory Muscle Stimulator.Michael Barbella, Managing Editor 09.07.23
-
Digital Health | Software & IT
GE HealthCare, Mass General Team Up on AI to Predict Missed Care Opportunities
The two said the first application will be a schedule predictions dashboard of Radiology Operations Module (ROM).Sam Brusco, Associate Editor 09.07.23
-
Surgical
Laborie to Buy Drug-Coated Balloon Maker Urotronic for Up to $600M
Urotronic's Optilume drug-coated balloon offers minimally invasive treatment of urethral strictures and benign prostatic hyperplasia.Sam Brusco, Associate Editor 09.06.23
-
Verséa Health, iRemedy Announce Strategic Joint Venture
This joint venture will offer a much-needed solution for urgent care providers.Michael Barbella, Managing Editor 09.06.23
-
Chronic Disease
Abbott and Bigfoot Biomedical Finally Get Hitched
Abbott and Bigfoot have collaborated on connected diabetes solutions since 2017.Sam Brusco, Associate Editor 09.06.23
-
Digital Health
Gleamer Raises €27 Million in Series B Funding
Money will be used to broaden the company's AI solutions portfolio and accelerate its international expansion.Michael Barbella, Managing Editor 09.05.23
