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Point-of-Care

A double bottom line doesn't have to mean half the profits

May 13, 2010 by MassDevice

Nanobiosym CEO Dr. Anita Goel on how humanitarian-focused businesses can have big profits in the long run.

World Health Medical Technology Conference logo

MassDevice.com is blogging on the topic of building innovative medical technology for the developing world, featuring some of the leading minds in the field.

This feature will continue through May 17 and the first annual World Health Medical Technology Conference at Boston University.

Inverness to pay up to $255 million for Canadian diagnostics firm Epocal

January 5, 2010 by MassDevice staff

Inverness Medical Innovations inks a series of deals with Epocal Inc. that could see it acquire the Canadian point-of-care blood testing firm for up to $255 million.

IMA logo

Inverness Medical Innovations Inc. (NYSE:IMA) inked a group of distribution-to-acquisition deals with Epocal Inc. that could lead to it paying $255 million for the of Ottawa, Canada-based blood testing equipment maker.

Waltham, Mass.-based Inverness said the arrangement starts with a deal for it to sell Epocal's Epoc rapid blood gas and electrolyte analysis platform. The point-of-care system, which won 5210(k) clearance from the Food & Drug Administration in 2006, takes about 30 seconds to deliver lab-quality results, according to a press release. Inverness said it expects the system, which has a wireless component, to win CE Mark approval in the European Union this year.

Inverness Medical shares rise on strong Q1 results, swine flu test readiness

April 27, 2009 by MassDevice staff

Waltham diagnostics maker, which says it stands ready to respond to the swine flu outbreak, posts strong first-quarter earnings and sales.

Shares of Inverness Medical Innovations Inc. jumped in early trading today as the Waltham diagnostic test maker beat analyst's first-quarter expectations and investors pumped money into companies poised to profit from the swine flu outbreak.

Magellan Bioscience

22 Alpha Road
Chelmsford
MA
01824
United States
(978) 856-2345

http://www.magellanbio.com

Product(s): 
Provides clinical-diagnostics products
Established: 
2004
President: 
Robert J. Rosenthal
CEO: 
Robert J. Rosenthal
Management: 
James P. Whelan, president-clinical diagnostics
Jasmine Gruia-Gray, president-life sciences tools
Adrian Bunce, president-automated solutions
Michael J. Mullen, CFO
Steven E. Diamond, Chief Scientific Officer
Jeffrey M. Cohen, VP-information technologies
Philip Ayers, corporate counsel
Michael Pettigrew, VP-business Development
Debra Manning Dutko, HR director

Zoe Medical Inc.

460 Boston St
Topsfield
MA
01983
United States
(978) 887-1410

www.zoemedical.com

Product(s): 
Develops patient monitoring systems
President: 
Bengt Hermanrud

Philips Respironics (formerly J.H. Emerson Co.)

22 Cottage Park Ave
Cambridge
MA
02140
United States
(617) 864-1414

www.jhemerson.com

Product(s): 
Manufactures imaging and clinical care systems, healthcare IT, patient monitoring products; provides wireless telemonitoring measurement devices and telehealth services
President: 
Geoffrey C. Waters
CEO: 
Donald J. Spence
Management: 
Craig B. Reynolds, EVP, COO
Ron Feinstein, EVP, president-Philips Lifeline
Susan Lloyd, VP-respiratory drug delivery
David P. White, CMO
Han Jansen, CFO

Nova Biomedical Corp.

200 Prospect St
Waltham
MA
02453
United States
(781) 894-0800

www.novabiomedical.com

Product(s): 
Manufactures blood gas and electrolyte analyzers
Employees: 
607 (723)
President: 
Frank Manganaro
Management: 
Lou Borrelli, VP & CFO
Jeffrey DuBois, VP Business Development
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