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Connected Care: Software Reliability
As the number and types of connected medical devices rises, so does the … [Read More...] about Connected Care: Software Reliability
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Trusted Medical Industry Partners
Trusted Medical Industry Partners At Apple Rubber, we understand the medical industry’s need for precision, dependability, and adherence to the highest of standards. When the success or failure of a life-saving medication, vaccine, medical material, or piece of equipment can depend on the effectiveness of a single sealing device, failure just isn’t an option. How […]
Introduce New Drug Delivery Medical Devices with Lower Risk and Higher ROI
Manufacturing automation is crucial to achieving the precision, quality, and volume required in the medical device industry. Advanced robotics, AI, modular designs, and wireless technology offer the opportunity for dramatic improvements in efficiency and quality control, but leveraging these new technologies requires specific expertise. Most Medtech companies specialize in bringing life-changing products to market, not […]
Defining Modern Day “Quality Assurance” for Medical Devices
By Derek Silva, Vice President, Marketing, Intertek There once was a day when a product might have been deemed “quality checked” if a tiny paper slip fell out of its packaging, saying “Tested by Number 9”. The scrutiny back then, you could argue, was a bit less meticulous than desired. Fast forward to nearly a […]
A Point Well Made
The manufacturing of a perfect bone needle.
The need for trusted, high-quality bone needles is common. Finding a specialized needle that specifically matches your requirements can be a challenge because the procedural outcome, ease of use, and patient and clinician comfort is greatly impacted by the needle’s point geometry, cannula design and handle ergonomics. Trusted, high-quality needles are required for interventional procedures […]
Mergers & Acquisitions.
Siemens Healthineers’ Varian acquires oncology solutions company Aspekt Solutions
Varian, a Siemens Healthineers company, announced today that it acquired oncology solutions provider Aspekt Solutions. Aspekt Solutions provides medical physics, dosimetry and strategy consultation services. The acquisition aims to expand Varian’s advanced oncology solutions (AOS) offerings. Palo Alto, California-based Varian wants to increase the ability to address the rising demand for customized services and standardized […]
Enovis to acquire LimaCorporate for more than $840M
Enovis (NYSE:ENOV) announced today that it entered into a definitive agreement to acquire orthopedic implant maker LimaCorporate. Wilmington, Delaware-based Enovis — one of the 10 largest orthopedic companies in the world — values the deal at approximately $846.4 million (€800 million). The deal includes a $740.6 million (€700 million) cash payment at closing. The remaining […]
Abbott completes Bigfoot Biomedical acquisition
Abbott announced today that it completed its previously announced acquisition of Bigfoot Biomedical. Pursuant to the terms of the merger agreement, upon completion, Bigfoot became a wholly-owned subsidiary of Abbott. The companies declined to disclose financial terms. Abbott announced on Sept. 5 that it entered into a definitive agreement to acquire the smart insulin management […]
Boston Scientific targets M&A, AI to reach ‘next level’
Mike Mahoney uses fantasy football to describe Boston Scientific : He says that, if creating a medtech team, “it would be the draft you want.” Speaking at the company’s 2023 Investor Day event, the CEO set the theme as “next level.” He explained his aim to make Boston Scientific a “compelling” and “fantastic place to […]
Boston Scientific to acquire nerve ablation tech developer Relievant Medsystems for $850M
Boston Scientific announced today that it entered into a definitive agreement to acquire Relievant Medsystems. The transaction includes an upfront cash payment of $850 million. Additional payments are contingent on sales performance over the next three years. Minneapolis-based Relievant developed and commercialized the Intracept intraosseous nerve ablation system for chronic pain. The minimally invasive, FDA-cleared, […]
Inogen completes Physio-Assist acquisition
Inogen (Nasdaq: INGN) announced today that it completed its previously announced acquisition of Physio-Assist. Goleta, California-based Inogen announced its plan to acquire the French airway clearance technology developer in July. The deal includes a $32 million payment upfront and could reach up to $45 million in total. Physio-Assist develops and manufactures its Simeox technology. Simeox, […]
Bausch+Lomb launches $1.4B offering to finance XIIDRA eye drop buy
Bausch + Lomb (NYSE:BLCO) announced today that it launched an offering worth $1.4 billion in new senior secured notes. The company intends to offer the notes, due 2028, and to enter into an incremental term loan facility. Both moves aim to support the financing of the company’s pending acquisition of XIIDRA. Bausch + Lomb expects […]
