Financial & Business News
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Edwards to Spin Off Critical Care Biz in 2024
Edwards said spinning off the business will help sharpen its focus on transcatheter/surgical therapies and make new investments.Sam Brusco, Associate Editor 12.07.23
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Chronic Disease
Medtronic Terminates $738M Deal for EOFlow, Citing Agreement Breaches
Medtronic also said it doesn’t believe any termination fee is payable under the agreements.Sam Brusco, Associate Editor 12.06.23
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Cardiovascular
Kaneka Acquires Japan Medical Device Technology
JDMT is a developer of coronary stents and a leader in the development of bioresorbable stents.Sam Brusco, Associate Editor 12.06.23
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J&J Presents Its Strategy, Pipelines and Financial Outlook
The company met with the investment community at the NYSE to highlight key drivers for growth and value creation.Charles Sternberg, Associate Editor 12.06.23
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Contract Manufacturing | Molding
Nissha Medical Technologies to Buy Isometric Micro Molding
Nissha said the acquisition is expected to be completed by the end of 2023.Sam Brusco, Associate Editor 12.06.23
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Cardiovascular | Patient Monitoring
GE HealthCare, AirStrip Ink Patient Monitoring, Cardiac Deal
The duo began an agreement to commercialize integrated monitoring and cardiac data visualization for healthcare systems.Sam Brusco, Associate Editor 12.05.23
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Cardiovascular | Surgical
J&J MedTech Acquires LAA Elimination Firm Laminar for $400 Million
Laminar uses rotational motion to eliminate the LAA, unlike current catheter-based procedure devices.Sam Brusco, Associate Editor 11.30.23
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3D/Additive Manufacturing | Diagnostics | Neurological
Stratasys, Siemens Healthineers Team Up to Advance Medical Imaging
The duo aims to build new, state-of-the-art solutions to advance medical imaging phantoms.Sam Brusco, Associate Editor 11.27.23
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Surgical
CMR Surgical Raises $165 Million in Funding
Company's Versius Surgical Robotic System has now been used to perform more than 15,000 surgical cases globally in 20-plus countries.Michael Barbella, Managing Editor 11.27.23
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Patient Monitoring
GE HealthCare's New Version of Digital Expert Access Gains FDA OK
The company also began an exclusive distribution deal with Brazilian tech company IONIC Health.Sam Brusco, Associate Editor 11.22.23
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3M Unveils Solventum as the Name of Its Independent Health Care Spin-Off
The new name and branding will go into effect when the spin-off of the independent health care company occurs, which is expected in the first half of 2024.Charles Sternberg, Associate Editor 11.17.23
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Inbound Health Secures $30 Million in Series B Funding
Money will help the company accelerate the growth of its at-home advanced care programs.Michael Barbella, Managing Editor 11.17.23
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Patient Monitoring
BioIntelliSense, UC Davis Health Begin Bone Marrow Transplant Initiative
The program will leverage BioIntelliSense’s BioButton to monitor vulnerable transplant patients.Sam Brusco, Associate Editor 11.16.23
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Cardiovascular
Inari Medical Closes Acquisition of LimFlow
Inari gains LimFlow's TADV system, which treat chronic limb-threatening ischemia (CLTI).Sam Brusco, Associate Editor 11.16.23
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Electronics
Novanta to Buy Motion Solutions for $189 Million
Motion Solutions designs and manufactures high-precision, customized subsystems and components.Sam Brusco, Associate Editor 11.15.23
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Diagnostics
Amazon's Alexa Fund Backs Sunrise's Home Sleep Diagnostics
Along with UI-Investissement, the $6 million funding round will help advance the company's home sleep monitoring system.Sam Brusco, Associate Editor 11.15.23
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Contract Manufacturing | Surgical
Asensus, Flex Ink Deal for LUNA Surgical Robot Design & Manufacturing Services
Flex will provide design for manufacturing services to assess and improve LUNA’s manufacturability.Sam Brusco, Associate Editor 11.14.23
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Electronics
Millar to Acquire Sentron, Maker of Pressure and pH Sensors
Millar said the deal will establish it as a one-stop-shop for sensor development.Sam Brusco, Associate Editor 11.13.23
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Contract Manufacturing
TekniPlex to Buy Seisa Medical
The acquisition will augment the company’s material science and process technologies for minimally invasive and interventional therapy devices.Sam Brusco, Associate Editor 11.10.23
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IGS GeboJagema Acquires TerBeek Machine & Tool
Enhances its service offerings in the North American market and underscores its commitment to be closer to its customers.Charles Sternberg, Associate Editor 11.09.23
