The medical device industry is no stranger to change, but the COVID-19 … [Read More...] about Vital Signs of the Medical Device Industry
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How to Succeed with a Hybrid Approach to Clinical Monitoring
At the start of this year, IMARC Research conducted a survey of over 100 … [Read More...] about How to Succeed with a Hybrid Approach to Clinical Monitoring
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Dreams of a Common Engineering Database During Product Development
By Chuck Smith, Principal Engineer at Sunrise Labs In working with geographically distributed teams, integration of the team members is critical to communicate effectively and to avoid … [Read More...] about Dreams of a Common Engineering Database During Product Development
Precision centerless grinding: Innovative approach to a traditional manufacturing process
Resonetics’ centerless grinding process enables a nearly limitless level of micro-scale geometries for mandrels, guide wires, core wires and catheter components. With expert process knowledge, machine … [Read More...] about Precision centerless grinding: Innovative approach to a traditional manufacturing process
Mergers & Acquisitions.
Medline Industries up for sale?
Medline Industries is looking for a buyer in a deal that could be worth $30 billion, according to a report in the Wall Street Journal. The Journal cites “people familiar with the matter” saying that Northfield, Ill.-based Medline has hired Goldman Sachs to manage the process. The people added that the company may alternatively seek to go […]
Endologix acquires PQ Bypass
Endologix today announced that it has completed its acquisition of PQ Bypass for an undisclosed amount. PQ Bypass makes the Detour platform that is designed for percutaneous femoral-popliteal bypass. FDA has designated Detour as a breakthrough device. The Detour System has the company’s Torus stent graft and the PQ Crossing Device. It is currently being […]
DiaSorin to buy Luminex for $1.8B
DiaSorin announced that it agreed to acquire Luminex in an all-cash transaction worth approximately $1.8 billion. Saluggia, Italy-based DiaSorin’s purchase at $37 per share of Luminex represents a 23.1% premium to Luminex shareholders based on the unaffected closing stock price of the company on Feb. 24, 2021, which was the date prior to press rumors […]
Microsoft spending $19.7B on Nuance and its AI for healthcare providers
Microsoft announced today that it will acquire Nuance Communications and its AI-based software used by healthcare providers. Under the agreement, Microsoft will buy Nuance at $56 per share, representing a 23% premium to Nuance’s closing price on Friday, April 9, 2021. The all-cash transaction is valued at $19.7 billion, inclusive of Nuance’s debt, according to […]
Cardiovascular Systems completes minority investment in CarePICS with option to buy
Cardiovascular Systems (NSDQ:CSII) announced that it completed a minority investment and entered into an option agreement to acquire telehealth company CarePICS. CarePICS offers a virtual care platform designed to aid in the treatment of people with peripheral artery disease (PAD), critical limb ischemia (CLI) and lower extremity wounds, according to a news release. The platform […]
Zoll Medical acquires Respicardia
Zoll Medical said today that it has acquired Respicardia and its neurostimulation tech for treating sleep apnea. The financial terms of the deal were not disclosed. Respicardia makes implantable neurostimulators to treat moderate to severe central sleep apnea (CSA). The system is FDA approved to treat severe CSA in adult patients with reduced cardiac function. […]
MedTech 100 roundup: Industry roars back
In the blink of an eye, the medtech industry exited its spring slump and neared its all-time best performance levels. MassDevice‘s MedTech 100 Index offered signs of a rebound last week and has built on that momentum, registering a final tally of 109.39 points on April 9. That represents a 2.9% increase from the 106.26-point mark […]
