Medtronic announced today that it entered into a new strategic partnership with Corsano Health. Corsano specializes in advanced real-time remote patient monitoring solutions. Medtronic agreed to exclusively distribute the company’s wearable solution in Western Europe for hospital and hospital-at-home use. The company says it enhances remote monitoring capabilities and transforms patient care across healthcare settings. […]
Distribution
Cognixion, Blackrock Neurotech ink distro deal for BCI tech
Cognixion announced today that it agreed to a distribution deal with Blackrock Neurotech centered around brain-computer interface (BCI) technology. Blackrock Neurotech, a leading developer of implantable BCIs, agreed to act as a non-exclusive distributor of Cognixion’s Axon-R device. Cognixion developed Axon-R as a non-invasive, wearable neural interface device. It enables precise measurement and modulation of brain […]
Medtronic inks new distro agreement for Retia Medical Argos cardiac output monitor
Medtronic announced that it entered into an agreement to distribute the Retia Medical Argos cardiac output monitor. Argos provides healthcare professionals with accurate hemodynamic data to support the treatment of high-risk surgical and critically ill patients, according to the companies. Medtronic now exclusively offers Argos in the U.S. under the agreement. The medtech giant declined […]
Henry Schein gets a major private equity investment
Henry Schein announced today that private equity firm KKR is investing $250 million in the medical products manufacturer and distributor. On the stock market, news of the investment — along with an increase of $500 million to the company’s stock repurchase program — appeared to offset a preliminary Q4 revenue figure of $3.2 billion. The […]
Intuitive to establish direct presence in new European countries, analysts have Mexico questions
Intuitive announced today that it plans to establish a direct presence in Italy, Spain and Portugal. The surgical robotics leader also plans to expand into Malta, San Marino and associated territories by acquiring the da Vinci and Ion distribution businesses in those countries. Intuitive entered into an agreement with current distributors ab medica, Abex, Excelencia […]
Cardinal Health starts construction on new Texas distribution center
Cardinal Health today announced it began construction on a new distribution center in Fort Worth, Texas. The new 340,000 ft2 distribution center will support the Dublin, Ohio–based company’s at-Home Solutions business. The company is consolidating its two existing warehouses into one larger facility to create approximately 74,000 ft2 of inventory capacity. Once the facility opens, […]
Proprio, LifeHealthcare partner on AI surgical guidance
Proprio announced today that it entered into a strategic partnership with LifeHealthcare to distribute its AI surgical guidance system. Through the partnership, LifeHealthcare — a subsidiary of EBOS Group Limited — serves as a distribution partner of the Proprio Paradigm system in Australia and New Zealand. Additional phases of the agreement expand distribution of the […]
Medtronic inks stent distro deal with Contego with option to buy
Medtronic announced today that it entered into an exclusive U.S. distribution agreement with Contego Medical. Under the agreement, Medtronic serves as the sole U.S. distributor for Contego’s portfolio of commercially available products. Raleigh, North Carolina–based Contego offers products that provide revascularization treatment for carotid and peripheral vascular disease. “This strategic agreement marks a significant milestone […]
Medline takes steps toward IPO
Medline announced today that it confidentially submitted a draft registration to the U.S. SEC related to a proposed initial public offering (IPO). The Northfield, Illinois—based company submitted its Form S-1 to the SEC as it looks to commence an IPO of its common stock. The number of shares and the price range for the proposed […]
Medline president and COO is retiring
Medline announced today that President and COO Jim Pigott plans to retire from the company at the end of 2025. In addition to Pigott’s retirement, the company announced promotions for Amanda Laabs and Steve Miller. Laabs, currently EVP, Medline Brand, moves to the post of chief product officer. Miller, currently EVP, Supply Chain, received a […]
Henry Schein to acquire home care medical product supplier Acentus
Henry Schein today announced it signed an agreement to acquire Acentus, a national supplier of home care medical products. The Acentus transaction follows Henry Schein’s acquisition of Shield Healthcare in 2023 and Prism Medical Products in 2021. Financial terms of the latest deal were not disclosed. “As the delivery of health care in the U.S. […]
