Mindray North America, a subsidiary of Shenzhen, China–based Mindray, said today that it has inked a U.S. distribution agreement for its Hepatus-Series transient elastography diagnostic ultrasound systems. The new strategic agreement makes Dublin, Ohio–based Aegle Medical Solutions the sole distributor of the Hepatus-Series systems. The Hepatus-Series ultrasound systems use transient elastography, a noninvasive tool for […]
Distribution
Henry Schein to buy Shield Healthcare in homecare products play
Henry Schein announced today that it will acquire a majority stake in homecare medical products supplier Shield Healthcare. Henry Schein officials see the move as bolstering the company’s commitment to facilitating a continuum-of-care delivery model. Shield Healthcare (Valencia, California) operates in the homecare medical supplies space, posting net sales of around $180 million in 2022. […]
Ra Medical says demand is rising for its noninvasive electrophysiology mapping system
Ra Medical Systems (NYSE:RMED) today announced an increase in clinical adoption for its VIVO system across hospitals. The product line falls within Ra Medical’s electrophysiology division, called Catheter Precision. Catheter Precision recently expanded its sales and clinical support team in the U.S. as part of a full product launch for VIVO. Earlier this month, Ra […]
Ra Medical announces international distribution expansion
Ra Medical Systems (NYSE:RMED) announced the undertaking of a new effort to expand its distribution outside the U.S. Last week, the company filed for CE mark approval for its LockeT device that assists in percutaneous puncture site closure. RA Medical says its expansion effort reflects its expectation of receiving CE mark during the third quarter. […]
Medline is having a leadership transition at the top
Medline announced today that it is promoting from within to fill CEO and president positions opening up at the privately-held medtech giant. Jim Boyle is taking over the corner office at Medline, effective Oct. 1. Boyle has been at Medline since 1996 and has served as EVP since 2018, managing the company’s customer base of […]
NeuroOne launches Evo sEEG electrodes in the U.S.
NeuroOne Medical Technologies (Nasdaq:NMTC) announced today that it commercially launched its Evo sEEG electrode line in the U.S. Zimmer Biomet holds exclusive worldwide distribution rights to the Evo Cortical and sEEG product lines. NeuroOne expects the line to utilize Zimmer Biomet’s Rosa One Brain robotic surgery platform for neurosurgical procedures. Zimmer paid $3.5 million to […]
Owens & Minor lays off 61 workers in Massachusetts
Owens & Minor laid off 61 employees at its distribution center in Franklin, Massachusetts, according to a WARN report filed with the state. The layoff took place on Feb. 17, according to the notice. It was more than a week before O&M announced a corporate realignment amid mixed fourth-quarter results. At the time, Owens & […]
NeuroOne begins shipping 30-day sEEG electrodes to Zimmer Biomet
NeuroOne Medical Technologies (Nasdaq:NMTC) announced today that shipped its first commercial order in an agreement with Zimmer Biomet (NYSE:ZBH). Zimmer Biomet holds an exclusive development and distribution agreement with NeuroOne for its thin film technology. It already sells NeuroOne’s earlier cortical strip and grid electrode devices. Over a year ago, Zimmer Biomet placed initial stocking […]
Medtronic, BioIntelliSense partner on distribution of wearable patient monitoring device
Medtronic (NYSE:MDT) announced today that it partnered with BioIntelliSense on distribution rights for the BioButton device. BioButton, a multi-paremter wearable for continuous, connected monitoring, measures up to 1,440 vital sign measurements per day. Its measurements include skin temperature, respiratory rate at rest, and heart rate at rest. The device, combined with advanced analytics, helps clinicians […]
Owens & Minor shares down on revised outlook
Owens & Minor (NYSE:OMI) today posted Q2 results that matched the overall consensus on Wall Street, though it revised its outlook amid macroeconomic headwinds. The Richmond, Virginia–based healthcare products and services giant reported profits of $28.6 million, or 37¢ per share, on sales of $2.5 billion for the three months ended June 30 for a […]
Henry Schein names C-level executive to drive e-commerce
Henry Schein (Nasdaq: HSIC) announced today that it’s appointed Mark Hillebrandt to the role of VP and chief digital revenue officer, leading a new Digital Revenue Team to boost e-commerce revenues. Mark Hillebrandt has held executive roles at Henry Schein since 2018. Previous positions included nearly three years as business leader for Amazon’s professional dental, […]