According to a recent Allego survey, 73% of salespeople in the … [Read More...]
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Avoiding regulatory escalation
There's a formula for effectively managing an adverse FDA inspection and … [Read More...]
The smallest part in the world
Micromolded parts continue to get smaller and smaller. They are also … [Read More...]
7 pitfalls to avoid in mHealth web & app design
As medical and wellness devices converge, health care providers, mHealth … [Read More...]
Mergers & Acquisitions
Thermo Fisher closes $4B buyout of electron microscopy firm FEI
Thermo Fisher (NYSE:TMO) said today that it closed the $4.2 billion acquisition of electron microscopy company FEI Co. for $107.5 per share in cash. FEI designs, manufactures and supports high-performance electron microscopy workflows, Thermo Fisher said. The company has more than 3,000 employees worldwide and reported revenues of $930 million last year. “We are pleased to complete this […]
Versa Ventures buys Syncardia out of bankruptcy
SynCardia Systems said today that it was acquired by affiliates of investment firm Versa Capital Management, with current president & CEO Michael Garippa set to keep the corner office. Tuscon-based Syncardia makes an artificial heart system designed to replace the functions of both the left and right ventricles and all 4 heart valves. On August […]
Audax deals Laborie Medical to Patricia Industries
Private equity player Audax Group said today it sold Laborie Medical Technologies to Investor AB subsidiary Patricia Industries for an undisclosed amount. Toronto-based Laborie Medical Tech develops and manufactures urological, pelvic health and gastrointestinal medical devices used for diagnosis and treatment of urinary incontinence and other urological and GI conditions, Audax Medical said. Laborie acquired the pelvic muscle […]
Johnson & Johnson to buy Abbott optics biz for $4.3B
Johnson & Johnson (NYSE:JNJ) said today that it inked a deal to pick up Abbott‘s (NYSE:ABT) medical optics business for $4.3 billion in cash. The deal for Abbott’s subsidiary Abbott Medical Optics, which reported sales of $1.1 billion, includes its portfolio of ophthalmic products covering cataract surgery, laser refractive surgery and consumer eye health. “Eye health is […]
Hamilton Thorne picks up Embryotech Labs for $7m
Laser device and imaging analysis maker Hamilton Thorne said today it picked up Mass.-based Embryotech Laboratories for $7.25 million. Get the full story at our sister site, Medical Design & Outsourcing.
Boston Scientific gets in on $10m Series C round for thermal body mapper Securus Medical
Boston Scientific (NYSE:BSX) joined a $10 million Series C round for Securus Medical Group, developer of a recently FDA-cleared thermal body mapping device. Proceeds from the round are slated to be used for product development and clinical investigation of the company’s infrared thermographic system designed for intrabody thermal measurements. The device is intended for continuous esophageal […]
Zimmer Biomet picks up imaging company Clinical Graphics
Zimmer Biomet (NYSE:ZBH) said today that it picked up novel imaging company Clinical Graphics for an undisclosed amount. Warsaw, Ind.-based Clinical Graphics produces 3D range-of-motion simulation technology designed to aid in making treatment decisions for hip conditions which require early interventions, including femoracetabular impingement and dysplasia. “3D imaging represents the next generation of treating joint pain, […]
