Germany’s Fresenius (NYSE:FMS) and Britain’s Smiths Group (LON:SMIN) have emerged as the final bidders for Pfizer‘s (NYSE:PFE) infusion pump business, inherited via the Big Pharma’s September 2015 purchase of Hospira for $15 billion. The winning bid is expected to be around $1.5 billion, according to Reuters. Private equity firm Pamplona Capital Management was also interested and reportedly made a […]
Drug Pumps
Intarcia launches Medici drug delivery platform
Intarcia Therapeutics said today it launched its subcutaneous Medici drug delivery system designed for the continuous delivery of medication. The Medici system is comprised of a matchstick-sized osmotic minipump placed just under the skin to deliver medication, a placement system for implantation and stabilization technology designed for proteins, peptides, antibody fragments and other high-potency small […]
Admedus shares rise on hospital infusion pump supply deal with Arcomed
Admedus (ASX:AHZ) said today it won a supply contract with the new Royal Adelaide Hospital for the installation of the Arcomed chroma infusion pump systems. Swiss infusion technology company Arcomed’s Chroma infusion pumps are designed to provide a whole-of-hospital system and include LCD touch screens, drug error reduction systems and on-screen color coding of medication, Admedus said. […]
Milestone Scientific looks to add $2m in follow-on round
Milestone Scientific (OTC:MLSS) said today it approved a follow-on round of financing, expecting to bring in between $1.7 and $2 million. Funds in the follow-on round will come from the private placement of unregistered common stock at $2 per share from investors who participated in the company’s 2014 financing round, the Livingston, N.J.-based company said. “We […]
Hospira launches new LifeCare PCA EMR-linked infusion pump
Hospira said yesterday it is launching the LifeCare PCA 7.0 patient-controlled analgesia infusion pump designed for patient pain management. The company is touting the device as the 1st-PCA infusion pump to offer electronic medical record integration through the use of inegrated bar code identification of prefilled of pharmacy-filled drug vials. “Hospira is proud to deliver the […]
B. Braun challenges ECRI Institute infusion pump ratings
B. Braun Medical today challenged infusion pump ratings out of the ECRI Institute after its Infusomat Space 2nd-generation large volume pump was given a 2-out-of-5 star rating. The Bethlehem, Penn.-based company said that the ECRI Institute has “lax protocol test methods for rating infusion pumps” and strongly disagreed with the evaluation of the Infusomat. The […]
InfuSystems picks up InfusAid assets
InfuSystem Holdings (NSDQ:INFU) said today it bought the infusion pumps assets of Philadelphia-based ambulatory infusion pump provider InfusAid for an undisclosed amount. Madison Heights, Mich.-based InfuSystem said it will acquire approximately 400 infusion pumps from InfusAID as part of the purchase agreement. “Similar to our acquisition of Ciscura in 2015, the pumps we acquire from […]
EMED seeks injunction against ReproMed
EMED Technologies said today that it is seeking a federal court injunction against competitor Repro-Med Systems to keep the company from selling home infusion pumps and needles for subcutaneous immunoglobulin infusion. The company has retained Houston-based Hicks Thomas LLP in seeking the injunction, which it said is being carried out after the FDA determined the […]
UPDATE: FDA warns Repro-Med on Freedom Infusion set issues
Updated with comment from Repro-Med Systems The FDA today released a warning letter it sent to Repro-Med Systems over issues it found with the company’s Freedom 60 syringe infusion pump and Freedom Edge infusion pumps. The letter was in response to an earlier reply from Repro-Med, which the FDA said was “not adequate” for handling the […]
An artificial pancreas for hospital care: The Admetsys story
Admetsys, a Boston, Mass.-based start up is looking to take the math out of nursing, literally. The company has developed what it calls a first-of-its kind artificial pancreas for hospital and surgical settings, which officials say will eliminate the need for nurses to hand check glucose levels for patients at diabetic risk during his/her hospital […]
Court approves Baxter’s $43m settlement deal in shareholders suit
A federal judge last week approved the $42.5 million settlement of a class-action securities lawsuit brought against Baxter (NYSE:BAX) over the recall of its Colleague infusion pump and a too-rosy assessment of its plasma business. The lead plaintiff in the case, the National Elevator Industry Pension Fund, alleged in September 2010 that Deerfield Park, Ill.-based Baxter misled investors about […]