Orbis and FundamentalVR today announced the launch of a new immersive VR surgical training solution for low- and middle-income countries. The companies built the tool to support students and residents learning to perform surgery to treat cataracts. They developed it with affordability, portability and scalability in mind, along with targeted functionality. FundamentalVR says it marks […]
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Brainlab, Fujifilm partner on neurosurgery navigation tech
Fujifilm Healthcare announced that it picked Brainlab to exclusively distribute its Arietta Precision ultrasound for neurosurgery applications in the U.S. The companies say Arietta Precision in conjunction with Brainlab’s surgical navigation system “becomes a powerful intraoperative neurosurgery solution.” It delivers advanced guidance and image quality for critical surgical decisions. Together, the end-to-end solution provides comprehensive […]
Johnson & Johnson to acquire Shockwave Medical for $13.1B
Johnson & Johnson announced today that it agreed to acquire Shockwave Medical (Nasdaq:SWAV) for approximately $13.1 billion. Media reports previously linked Johnson & Johnson with interest in buying the intravascular lithotripsy (IVL) technology maker last year. Suggestions of interest in a deal resurfaced just weeks ago and now the companies have reached an agreement. Under […]
Insulet applauds as UK begins artificial pancreas rollout
Insulet (Nasdaq:PODD) expressed its excitement today as a new diabetes initiative in the UK could bring artificial pancreas’ to many with diabetes. NHS England said tens of thousands of children and adults with type 1 diabetes in the country will receive an artificial pancreas. The initiative includes hybrid closed-loop automated insulin delivery systems like Insulet’s […]
Paragonix begins full U.S. launch of donor lung preservation system
Paragonix Technologies announced today that it began the full commercial launch of its Baroguard donor lung preservation system. Baroguard, a first-of-its-kind system, offers an alternative to the current practices. These practices see donor lungs preserved and transported from an inflated state between donor and recipient. Those current organ recovery techniques fail to reliably maintain and […]
Carl Zeiss completes $1B ophthalmic company buy
Carl Zeiss Meditec announced today that it completed its $1 billion acquisition of D.O.R.C. (Dutch Ophthalmic Research Center). In December 2023, Carl Zeiss entered into an agreement to acquire 100% of the shares in D.O.R.C. The Germany-based company acquired DORC from the France-based investment firm Eurazeo, valuing the deal at €985 million (approximately $1.07 billion). […]
FTC wants more info on Boston Scientific, Axonics deal with closing timeline pushed back
Boston Scientific said today that the FTC requested additional information regarding its planned $3.7 billion acquisition of Axonics (Nasdaq:AXNX). In an SEC filing, Boston Scientific said both it and Axonics received requests from the FTC (U.S. Federal Trade Commission). The agency seeks to gather more information in connection with its review of the merger. Reports […]
Henry Schein completes TriMed majority interest acquisition, adds orthopedic extremities to portfolio
Henry Schein today announced it completed the acquisition of majority interest in TriMed. Melville, N.Y.-based Henry Schein announced the acquisition in December last year. The addition of TriMed strengthens Henry Schein’s extremities portfolio. Santa Clarita, California-based TriMed makes orthopedic devices for the lower extremities (foot and ankle) and upper extremities (hand and wrist). “With this […]
Biolinq raises $58M to support intradermal glucose sensor
Biolinq announced today that it completed a $58 million financing to support the progression of its proprietary intradermal glucose sensor. Alpha Wave Ventures led the funding round. Niterra’s corporate venture capital fund jointly operated with Pegasus Tech Ventures also participated. Other contributors included existing investors RiverVest Venture Partners, AXA IM Alts, Global Health Investment Corporation, […]
Neurava raises $2.3M for epilepsy monitoring tech
Neurava announced today that it completed an oversubscribed seed financing round worth proceeds of $2.26 million. Indianapolis-based Neurava develops a novel wearable device for mitigating the risk of sudden unexpected death in epilepsy (SUDEP). The device monitors and alerts for seizures, cardiorespiratory dysfunctions, and the impending risk of SUDEP. Neurava says it’s unlike any other […]
Johnson & Johnson supports health equity initiative
Johnson & Johnson today announced its support for a collaboration with more than 100 community-led health organizations to improve health equity. The collaboration builds upon the company’s multiyear, multimillion-dollar efforts to improve health equity. Organizations involved support historically marignalized communities across the U.S., aiming to bridge the healthcare gap for people of color. “We recognize […]