Coloplast (CPH:COLO B) said last month it acquired French direct-to-consumer distribution company Lilial for approximately $42.8 million (EU €35.5 million). The France-based distribution company has approximately 80 employees and is expected to report sales of approximately $40 million for its full-year 2017, according to Denmark-based Coloplast. Coloplast said the acquisition is a continuation of its goal to […]
Distribution
Fuse Medical to acquire orthopedics distributor CPM Medical Consultants
Fuse Medical (OTC:FZMD) said yesterday that it agreed to acquire orthopedic implant distributor CPM Medical Consultants for an undisclosed amount. Richardson, Texas-based CPM stocks orthopedic implants and biologics. Fuse Medical said it expects the deal to push its consolidated sales to $35 million next year. The buyout is slated to close by the end of 2017. […]
NanoVibronix inks UK UroShield distro deal with IMS Ultrasound
NanoVibronix (NSDQ:NAOV) said today it inked a deal with the U.K.’s IMS Ultrasound to make it the exclusive U.K. distributor of its UroShield device, designed to prevent catheter-acquired urinary tract infections. The UroShield device from the Elmsford, N.Y.-based company is designed to decrease pain and discomfort associated with urinary catheter use while also preventing bacterial colonization […]
Elekta taps Brainlab as US stereotactic neurosurgery distro partner
Elekta (STO:EKTA B) said today it inked an exclusive deal with Brainlab to make it the authorized distributor of Elekta’s stereotactic neurosurgery solutions. Through the deal, Brainlab will be the authorized distributor of Elekta’s Leksell Vantage stereotactic system which won CE Mark approval in the European Union this year. The system also has FDA 510(k) clearance […]
GE’s Drawbridge Health inks collaborative deal with Thorne Research
GE Healthcare‘s (NYSE:GE) newly launched blood collection business Drawbridge Health said today it inked a strategic collaboration deal with Thorne Research to develop solutions for improving blood collection for health and wellness customers. Through the deal, Thorne Research and subsidiary WellnessFX will gain access to Drawbridge Health’s proprietary blood draw integration, collection and sample stabilization […]
Implanet inks distro deal with Korea’s L&K Biomed
France-based orthopedic implant company Implanet said today that it inked a strategic partnership with Korea’s L&K Biomed. According to the terms of the deal, Implanet America will team up with Aegis Spine, L&K Biomed’s U.S. subsidiary, to accelerate the marketing of its Jazz platform in the U.S. In Asia, L&K Biomed will be responsible for distributing […]
Hologic wins FDA 510k for Quantra 2.2, inks dev & distro deal with Clarius
Hologic (NSDQ:HOLX) said recently that it won FDA 510(k) clearance for its Quantra 2.2 breast density assessment software and that it inked a development and distribution deal with Clarius Mobile Health for its wireless, handheld ultrasound scanner. The Marlborough, Mass.-based company said the Quantra 2.2 software uses a proprietary algorithm to analyze mammography images for the […]
Align Technology expands iTero distro, integration deal with Glidewell
Align Technology (NSDQ:ALGN) said today it expanded a distribution deal with Glidewell Dental to distribute Align’s iTero Element intraoral scanning system in North America. Through the deal, San Jose, Calif.-based Align’s said its iTero Element scanner will feature Glidewell’s fastdesign.io software which serves to auto-design restorations for clinician approval and to communicate with a lab’s digital […]
Cardinal Health to deal China biz for $1.2B
Cardinal Health (NYSE:CAH) said yesterday that it agreed to a $1.2 billion deal with Shanghai Pharmaceuticals Holding for portions of its business in China. The deal covers Dublin, Ohio-based Cardinal’s pharmaceutical operations and medical distribution business in the People’s Republic, but does not include other assets there such as Cordis, the patient recovery business for which […]
Henry Schein inks distro deal with Cerebral Assessment Systems
Henry Schein (NSDQ:HSIC) said today it inked a deal with Cerebral Assessment Systems to distribute its Cognivue cognitive assessment screening device designed to detect early signs of dementia. Melville, N.Y.-based Henry Schein touted the Cognivue as the 1st such device approved by the FDA. The device is designed to allow practitioners to monitor current brain health and […]
Cardinal Health inks distro deal with Avadim Tech
Life science company Avadim Technologies said yesterday it inked a deal withCardinal Health (NYSE:CAH) to distribute Avadim’s Theraworx topical bionome therapies designed to prevent catheter-associated urinary tract infections and complications. The companies said that the Theraworx topical solution will compliment Cardinal Health’s Dover urological portfolio. “We are honored to partner with one of the most influential […]