DJO Global said this week that it hired Jeffery McCaully as global president of its surgical business, effectively immediately. McCaulley succeeded Brady Shirley, who was named DJO’s president & CEO in November last year. McCaulley previously served as president & CEO of Smiths Medical, as well as president of Zimmer Biomet‘s (NYSE:ZBH) global reconstructive unit, where […]
GE Healthcare
Check-Cap, GE Healthcare hit X-ray capsule milestone, Check-Cap posts Street-beating Q1
Check-Cap (NSDQ:CHEK) said today that it and its collaborative partner GE Healthcare (NYSE:GE) have reached an initial milestone in their X-ray capsule manufacturing capabilities. Check-Cap also saw shares rise after it released 1st quarter earnings that topped the Street. Israel-based Check-Cap said that X-ray sources produced at GE using custom manufacturing methods passed all tests required for compliance […]
Lombard Medical CEO Hubbert, CFO Kullback step down | Personnel Moves, April 28, 2017
Lombard Medical Technologies (NSDQ:EVAR) said this month that its CEO Simon Hubbert and CFO William Kullback are stepping down from their positions, with Kurt Lemvigh stepping into the CEO role. Hubbert served as CEO for 6 years after joining the company in 2010, and will be replaced by Lemvigh, who has held positions with multiple companies, including […]
GE Healthcare, Lantheus ink PET imaging agent development deal
GE Healthcare (NYSE:GE) and Lantheus Holdings(NSDQ:LNTH) said today they inked a definitive license agreement to continue the Phase III development and commercialization of the investigational flurpiridaz F 18 imaging agent. The imaging agent is designed as a positron emission tomography myocardial perfusion imaging agent that the companies say may improve the diagnosis of coronary artery disease. […]
GE shares slide despite posting Street-beating Q1
Shares in General Electric (NYSE:GE) fell today despite the industrial conglomerate beating expectations on The Street and posting solid gains for its healthcare division. GE reported profits of $577 million, or 7¢ per share, on sales of $27.7 billion for the 3 months ended March 31, for bottom-line gains of over 400% while sales shrunk 0.7% compared with […]
GE, Hartford Healthcare ink 7-year value based care partnership
GE Healthcare (NYSE:GE) said today it is collaborating with Hartford HealthCare to launch a series of value-based healthcare projects over the next 7 years. The companies said the projects aim to improve patient care, reduce cost and increase efficiency to avoid unnecessary wait times and “traffic jams” that can delay care. The projects will use GE’s […]
Arterys CEO on deep learning and changing MRI forever
Computational imaging is a passion for Fabein Beckers. As the CEO of Arterys, Beckers believes he can revolutionize how doctors work with imaging diagnostics on a global scale. In that vein, Beckers and his team launched Arterys, which enables clinical visualization and accurate quantification of blood flow inside the body. It measures seven dimensions of data (3 […]
GE Healthcare looks to save Omniscan MRI contrast agent again
GE Healthcare (NYSE:GE) said yesterday it is looking to get its magnetic resonance imaging scanning contrast agent, Omniscan, re-cleared for use in Europe after a regulatory body recommended the suspension of it, and other certain MRI imaging agents. The European Medicines Agency’s Pharmacovigilance Risk Assessment Committee last week recommended suspending marketing of Omniscan, as well as other […]
GE Healthcare buys fetal monitor maker Monica Healthcare
GE Healthcare (NYSE:GE) said today that it paid an unspecified amount for U.K.-based Monica Healthcare. Nottingham-based Monica Healthcare makes a line of wearable, wireless fetal monitors that were used with 100,000 patients last year, GE Healthcare said. Starting in 2015, the Wauwatosa, Wis.-based health giant was the North American distributor for Monica’s Novii wireless patch, a […]
Lantheus inks deal with GE Healthcare for PET imaging agent
Lantheus Medical Imaging (NSDQ:LNTH) said today that it signed the term sheet for a deal with GE Healthcare (NYSE:GE) for the development and commercialization of a positron emission tomography myocardial perfusion imaging agent used to improve the diagnosis of coronary artery disease. According to the deal, GE Healthcare will fund a 2nd phase III trial evaluating the imaging […]
GE shares slide on sales miss, despite healthcare contributions
Shares in General Electric (NYSE:GE) slid today before the market opened before sliding a further -2% after the industrial conglomerate missed top-line expectations for the 4th quarter and full year, despite solid contributions from its GE Healthcare subsidiary. GE Healthcare put up profits of $1.03 billion, up 9.8%, on sales growth of 2.6% to $5.10 billion […]