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How to leverage a supplier partner for change validation
By By Dan Aicher, CEO, EmbedTek, LLC Supply chain disruptions are forcing an inordinate amount of change to critical components of medical devices. The burden placed on medical device OEMs to validate these changes distracts engineering, quality, and operations teams from more strategic activities. Reacting to an unpredictable supply chain endangers new development as well […]
Sensor technology for medical devices: How fiber optic and electromechanical sensors can be used to improve patient outcomes
Medical procedures continue to advance with the development of new technology and manufacturing capabilities. These advancements led to a need for more device feedback and data during procedures to help guide clinicians to more successful patient outcomes. There are several different types of sensors that can be integrated into medical devices to measure critical inputs […]
Building it better — One component at a time
At Argon Custom Products Solutions, Every New Project Is A Challenge To Build It Better. Founded in 1972, Argon Medical Devices has long been recognized for their technical expertise in the design and manufacturing of disposable medical devices used in interventional, diagnostic and therapeutic procedures. For clients who seek to improve device quality, Argon Custom […]
Mergers & Acquisitions.
Bioventus restructures $315M CartiHeal acquisition
Bioventus (Nasdaq:BVS) amended the agreement for its pending acquisition of CartiHeal to defer a large chunk of payments. Durham, North Carolina-based Bioventus announced in April that it agreed to acquire the orthopedic implant maker in a deal worth at least $315 million. An amendment to the acquisition agreement reduces the closing payment to $50 million […]
Boston Scientific to acquire majority stake in M.I. Tech
Boston Scientific (NYSE:BSX) announced today that it agreed with Synergy Innovation to purchase its majority stake in M.I. Tech. Marlborough, Massachusetts-based Boston Scientific will acquire a stake totaling approximately 64% in the publicly traded, Korea-based manufacturer and distributor of medical devices for endoscopic and urologic procedures. According to a news release, M.I. Tech created the […]
ResMed to acquire out-of-hospital software developer Medifox Dan for $1B
ResMed (NYSE:RMD) announced today that it agreed to acquire German software company Medifox Dan in a deal worth $1 billion. Hildesheim, Germany-based Medifox Dan develops clinical, financial and operational software solutions for out-of-hospital care providers. Its offerings include care documentation, personnel planning, administration, billing and more. According to a news release, Medifox Dan’s solutions are […]
OrthoPediatrics buys Pega Medical for up to $33M
OrthoPediatrics announced today that it has agreed to acquire Pega Medical and its Fassier-Duval Telescopic Intramedullary System for osteogenesis imperfecta and other bone deformities. “Similar to OrthoPediatrics, the Pega organization has been focused exclusively on addressing unmet needs for children whose lives have been impacted by musculoskeletal disorders and diseases. Their product offerings include novel […]
Conmed completes $145M In2Bones acquisition
Conmed (NYSE:CNMD) announced today that it completed its previously announced acquisition of In2Bones Global. Largo, Florida–based Conmed announced last month that it intended to acquire upper extremities device maker In2Bones Global for $145 million. The $145 million figure was floated for the closing of the acquisition, with up to an additional $110 million in growth-based […]
Oracle closes Cerner acqisition
Oracle Corp. (NYSE: ORCL) has closed on its previously announced $28.3 billion acquisition of Cerner as it seeks to transform the electronic health records experience. The software giant announced on June 7 that the majority of Cerner shares had been validly tendered. The deal closed yesterday. Cerner is a significant provider of digital information systems […]
Henry Schein to acquire Condor Dental
Henry Schein (Nasdaq:HSIC) announced today that it signed a definitive agreement to acquire Condor Dental Research Company. Vouvry, Switzerland-based Condor Dental, a privately held dental distribution company, serves dental general practitioners, specialists and laboratories. Melville, New York-based Henry Schein has served the Swiss dental implant market through Camlog Biotechnologies GmbH, a member of the Global […]
