Royal Philips (NYSE:PHG) announced today that it agreed to acquire BioTelemetry (NSDQ:BEAT) in a deal worth $2.8 billion. Amsterdam-based Philips is slated to commence a tender offer to acquire all issued and outstanding shares of BioTelemetry for $72 per share, to be paid upon completion. That represents a 16.5% premium to BioTelemetry’s closing price on Dec. 17, […]
Software / IT
Corindus wins FDA clearance for robotic surgery automation tech
Corindus Vascular Robotics announced today that it launched a new set of automated robotic movements in its technIQ series for the CorPath GRX. Waltham, Mass.-based Corindus received FDA 510(k) clearance for a new software automation designed to provide predictable and consistent movements for advanced device manipulation during complex coronary peripheral procedures, according to a news […]
DHS warns on Medtronic MyCareLink smart monitor cybersecurity vulnerabilities
The U.S. Dept. of Homeland Security warned on cyber vulnerabilities with the MyCareLink made by Medtronic (NYSE:MDT). Medtronic’s MyCareLink (MCL) Smart Model 25000 patient reader is potentially vulnerable to improper authentication, heap-based buffer overflow and the time-of-check/time-of-use race condition, according to a notice from DHS. Successful exploitation of the vulnerabilities could result in an attacker being […]
Volta lands FDA clearance for AI cardiac electrophysiology software
Volta Medical announced that it received FDA clearance for its VX1 artificial intelligence software for interventional cardiac electrophysiology. Marseille, France-based Volta’s AI-based tool is a machine- and deep-learning algorithm designed to assist operators in the real-time manual annotation of 3D anatomical and electrical maps of the human atria during Afib or atrial tachycardia, according to […]
Abbott launches first VR OCT training for surgeons
Abbott (NYSE:ABT) announced today that it launched its first virtual reality-based training program for interventional cardiologists. The company’s new training program uses VR with traditional training techniques to increase experience and expertise in using Abbott’s optical coherence tomography (OCT) to improve outcomes in patients who need a stent to open clogged arteries, according to a news […]
Cyber vulnerability discovered in GE Healthcare radiological devices
CyberMDX announced that it uncovered a cyber vulnerability across a range of popular devices made by GE Healthcare (NYSE:GE). The U.S. Dept. of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) disclosed the vulnerability yesterday after CyberMDX discovered that it could affect dozens of radiological devices by allowing an attacker to gain access to sensitive data, […]
Aidoc, Imbio partner on AI to detect blood clots
Aidoc announced today that it is partnering with Imbio in an effort to provide an end-to-end AI solution for pulmonary embolism (PE). The goal of the collaboration between Aidoc and Imbio is to improve the efficiency and quality of pulmonary embolism detection and treatment, according to a news release. Get the full story at our sister site, Medical […]
5 medtech companies win coveted Tekne awards
Five medtech companies recently won some of the top technology awards in the state of Minnesota, known as one of three major medical device hubs in the U.S. The companies competed for the Minnesota Technology Association annual Tekne Awards, which included categories ranging from artificial intelligence and machine learning to “technology for good.” Get the full story on […]
Exactech acquires Muvr Labs and its digital health tech for ortho
Exactech (NSDQ:EXAC) announced today that it acquired intelligent patient wearable device developer Muvr Labs for an undisclosed amount. Muvr Labs’ portfolio is designed to help surgeons engage with joint replacement recipients throughout the care process, according to a news release. The company’s platform includes wearables, mobile device applications and chatbot texting to allow for remote monitoring […]
Philips launches its integrated Cybersecurity Services
Royal Philips (NYSE:PHG) announced today that it launched the Philips Cybersecurity Services for enhancing security for its customers. The Philips Cybersecurity Services are an end-to-end suite of technologies and services designed for safeguarding customers’ medical systems, devices and related software solutions, regardless of their manufacturer, according to a news release. Amsterdam-based Philips’ suite of technologies will […]
Canon Medical launches one-beat spectral cardiac CT
Canon Medical (NYSE:CAJ) announced today that it launched one-beat spectral cardiac CT capabilities on the Aquilion One/Prism Edition. Tustin, Calif.-based Canon Medical’s deep-learning spectral CT for cardiovascular imaging offers the one-beat spectral CT capabilities, thanks to a 16 cm-wide area detector which allows for one rotation to image the entire heart in as little as 0.275 […]