Boston Scientific (NYSE:BSX) announced that it completed its acquisition of Preventice Solutions that could be worth up to $1.225 billion. The transaction includes a cash payment of $925 million upfront with up to an additional $300 million in potential commercial milestone payments available. Accounting for the company’s approximately 22% equity stake in Preventice prior to the […]
Health Technology
Terumo to acquire Health Outcomes Sciences
Terumo (TSE: 4543) recently announced that it has signed a definitive agreement to acquire all assets of Health Outcomes Sciences. The financial terms of the deal were not disclosed. Phoenix-based HOS is a creator of predictive analytics and clinical decision support software. Its sePRISM content enablement platform is meant to enable healthcare organizations to deliver […]
iRhythm Zio 10 times more effective in identifying Afib, study says
iRhythm Technologies (NSDQ:IRTC) today touted study results that found its Zio device was more effective in detecting Afib than standard care. Published in JAMA Cardiology, the SCREEN-AF study showed that the use of Zio by iRhythm led to a tenfold increase in the detection of Afib when compared to patients receiving standard clinical care. One of […]
BD, Scanwell Health collaborating on smartphone-enabled, home COVID-19 rapid test
Becton Dickinson (NYSE:BDX) announced today that it is collaborating with Scanwell Health to create an at-home rapid COVID-19 test. Scanwell Health, a developer of smartphone-enabled at-home medical tests, will offer its mobile app to pair with a BD antigen test for SARS-CoV-2, the virus causing COVID-19, according to a news release. As part of the collaboration, […]
Could artificial intelligence boost surgical robotics to new heights?
Ken Goldberg thinks artificial intelligence will enable surgical robots to achieve their best function — not replacing surgeons but augmenting their work by reducing the monotony of specific subtasks like suturing. The William S. Floyd Jr. Distinguished Chair in Engineering at UC Berkeley, Goldberg and his research team have continued to advance the field. The group — which includes postdoctoral […]
New FDA medtech cybersecurity chief: Guidance to debut in 2021
The FDA’s first medical device cybersecurity chief says he will work across private and public lines to lower the threat of cyberattacks against medical devices and the healthcare systems and patients who use them. Medical device manufacturers can expect a new FDA cybersecurity draft guidance for new medical devices sometime this year, according to the […]
Google opening office near Mayo Clinic
Google announced today that it will open an office in downtown Rochester, Minn., to be close to Mayo Clinic. The tech giant plans to have an office up and running with a handful of workers as soon as possible, given the ongoing COVID-19 pandemic, according to a news release posted on the website of the […]
RhythMedix launches wearable cardiac monitor with cellular connectivity
RhythMedix announced today that it launched its next-generation RhythmStar wearable device with 4G cellular connectivity. Mount Laurel, N.J.-based RhythMedix’s next-generation RhythmStar with built-in connectivity is discreetly worn for extended remote monitoring without the need for an additional phone or communication device, according to a news release. RhythmStar is designed to enable rapid electrocardiogram (ECG) analysis […]
Henry Schein One names new CEO
Henry Schein One, a joint venture of Henry Schein (NSDQ:HSIC) and Internet Brands, this week announced that it has appointed Mike Baird as CEO. Baird will be responsible for driving the dental software business’s growth while developing more seamlessly integrated products, according to the company. “Taking on this role with Henry Schein One is an exciting […]
Butterfly Network completes merger, starts trading on NYSE
Butterfly Network (NYSE:BFLY) announced today that it completed its merger with Longview Acquisition Corp. and is now trading on the NYSE. Last week, Longview announced that its stockholders had approved the business combination, from which Butterfly received approximately $859 million before transaction fees, including $414 million held in Longview’s trust account and $175 million from […]
Butterfly Network to start trading on NYSE soon
Longview Acquisition Corp. announced today that its stockholders approved its merger with Butterfly Network, which will soon begin trading on the New York Stock Exchange. Stockholders approved the business combination with nearly 100% of the shares of Longview voted at a special meeting in favor of the merger, with a total of six proposals considered […]