Medical-grade textiles offer the versatility and performance that medical … [Read More...] about For 40+ years, implantable medical textiles have played a pivotal role in the cardiovascular device industry.
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3D Printing: Making products better, faster, and more affordable
With help from HP’s Multi Jet Fusion 3D printing technology, Biotec … [Read More...] about 3D Printing: Making products better, faster, and more affordable
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Cutting edge balloon technology delivers best-in-class performance
By Nemanja Spasojevic – Senior Polymer Development Engineer At last, a Balloon that cuts to the heart of the problem. Our CrossCut Balloon contains a flat blade section(s), which is an integral part of the balloon wall with endless possibilities for laser cutting shapes. We can cut any profile or shape e.g., teeth for cutting, […]
Pete Doolittle reflects on a fruitful career in manufacturing: The half-century evolution of the industry and Hobson & Motzer
It was the fall of 1976 and Pete Doolittle, a skinny, long-haired kid—not long out of the machining and tooling program at H.C. Wilcox Technical High School in Meriden, CT—made his way to Hobson & Motzer looking for a job. As Pete tells it, his interest in Hobson & Motzer was piqued by his tool […]
Mergers & Acquisitions.
IBM to sell Watson Health assets
IBM (NYSE: IBM) announced today that it will sell healthcare data and analytics assets from its Watson Health business to Francisco Partners. Financial terms were not disclosed for the deal, expected to close in the second quarter of this year subject to customary regulatory clearances. But Bloomberg cites people familiar with the plans saying that […]
DarioHealth agrees to acquire computer vision tech developer Physimax
DarioHealth (NSDQ:DRIO) announced today that it entered into an agreement to acquire Physimax Technologies. Physimax develops computer vision (CV) technology for musculoskeletal (MSK) functional screening and predictive risk of injury assessment. The technology is currently used commercially by National Basketball Association and National Football League teams, the U.S. military and healthcare facilities specializing in orthopedic […]
Smith+Nephew acquires cementless partial knee maker Engage Surgical
Smith+Nephew (NYSE:SNN) announced today that it acquired Engage Surgical and its cementless unicompartmental (partial) knee system. The total cost of the acquisition will reach up to $135 million, contingent on sales performance. Smith+Nephew funded the acquisition from existing cash and debt facilities. Orlando, Florida–based Engage Surgical designed its partial knee system as a novel, modern, […]
Medtronic’s M&A strategy explained by CFO Karen Parkhill
When Medtronic (NYSE:MDT) CFO and EVP Karen Parkhill looks back at the medical device manufacturer’s performance through the COVID-19 pandemic, she recalls a key decision that rankled investors but paid off in the long run. “When I first joined Medtronic, it was shortly after the Covidien merger and we had taken on a lot of […]
Healthcare venture funding boomed in 2021; expect a slowdown in 2022
An all-time-high $86 billion of venture capital investments in the U.S. and Europe last year bested 2020’s record haul by more than 30 percent and grew more than 150 percent from 2019, according to a new analysis by Silicon Valley Bank. After record-setting quarters in the first half, however, VC investment slowed due to poor […]
Withings buys Impeto Medical
Withings announced today that it will acquire Impeto Medical and its technology for detecting and tracking peripheral neuropathies. The financial terms of the deal were not disclosed. Withings plans to first use the Impeto Medical tech in its Body Scan smart scale platform, which it announced last week at CES 2022. Body Scan boasts a […]
Alcon closes Ivantis acquisition
Alcon (NYSE:ALC) announced today that it completed its $475 million acquisition of glaucoma surgery device maker Ivantis. Geneva, Switzerland-based Alcon initially announced the acquisition of Ivantis, which develops the Hydrus Microstent minimally invasive glaucoma surgery (MIGS) device, in November 2021. Get the full story at our sister site, Medical Tubing & Extrusion.
