Stryker (NYSE:SYK) is reportedly expanding its Stryker Communications operation in Texas as it consolidates other businesses in South Carolina and the Lone Star State. Kalamazoo, Mich.-based Stryker is expanding the communication business HQ in Flower Mound, Texas, to more than 200,000 square feet to accommodate some 200 new workers, the Dallas Business Journal reported. The […]
Hospital Care
Battling doctor shortage, Indian hospitals offer intensive care from afar
(Reuters) – A doctor at a hospital in India’s capital, New Delhi, was recently tracking a wall of monitors displaying the vital signs of intensive care patients admitted hundreds of miles away when red-and-yellow alerts rang out. The oxygen flow to a 67-year-old patient had stopped when no critical care doctors were present in a […]
Velano Vascular draws $3.5m funding round
Velano Vascular said today that it raised another $3.5 million for its needle-free blood draw device. San Francisco-based Velano said it plans to use the proceeds from the round to further develop and commercialize the device. Prior backers First Round Capital, White Owl Capital, Kapor Capital, Safeguard Scientifics, Griffin Hospital, The Children’s Hospital of Philadelphia and “a number […]
AngioDynamics wins Health Canada nod for new Celerity device
AngioDynamics (NSDQ:ANGO) said today that it won approval from Health Canada for its Celerity with Navigation tip location system for peripherally inserted central catheters. Latham, N.Y.-based AngioDynamics won approval north of the border for the 1st Celerity iteration back in September 2013. The new version is designed to allow real-time catheter tracking, the company said. “This is […]
Stryker to pay $2.8B for Sage Products ‘never event’ devices
Stryker (NYSE:SYK) said today that it inked a deal to pay nearly $2.78 billion for Sage Products and its line of disposable devices designed to reduce so-called “never events” in intensive care and surgery settings. Cary, Ill.-based Sage makes products for oral care, skin preparation & protection, patient cleaning & hygiene, turning & positioning and heel care. Sales for the […]
Spectral Medical looks to raise $10m
Spectral Medical said it inked a deal for a $10 million stock sale it plans to use to fund a clinical trial. Toronto-based Spectral makes a system designed to diagnose and remove endotoxin from the bloodstream. The offering involves the purchase of 14.3 million shares at 70¢ apiece by a consortium of underwriters, who plan […]
Boston Scientific pairs with Accenture to launch Advantics HF patient care app
Boston Scientific (NYSE:BSX) said today it partnered with Accenture to develop Advantics care pathway transformation, a cloud-based digital health platform for hospitals designed to improve outcomes and reduce cost for treating patients with chronic cardiovascular diseases. The companies said Advantics is designed to aid healthcare providers in making more informed decisions based on patient population health […]
Philips inks $90m patient care deal with Marin General Hospital
Royal Philips (NYSE:PHG) said today it signed a 15-year, $90 million patient healthcare partnership with Marin General Hospital, which serves Marin County, just north of San Francisco. The agreement is the 1st of its kind for the hospital and the 3rd for Philips in North America over the last 6 months, the company said. “We […]
ExThera wins nod for CE Mark trial for Seraph blood filter
ExThera Medical said it won approval for a CE Mark trial for its Seraph blood filter, which is designed to remove pathogens from the bloodstream. Berkeley, Calif.-based ExThera said Germany’s Bundesinstitut für Arzneimittel und Medizinprodukte approved the protocol for a trial of the Seraph device in treating dialysis patients with Staphylococcus aureus and MRSA bloodstream infections. “Certain bloodstream […]
Becton Dickinson releases 1st joint BD-CareFusion product
Becton Dickinson & Co. (NYSE:BDX) said today that it released the 1st product to combine its technologies with some of those acquired when it paid $12 billion for CareFusion in March. The product, an automated intravenous medication management system, using BD’s Cato medication workflow system and CareFusion’s SmartWorks platform. It’s designed to work with pharmacy IT systems to […]
Fed. Circ. upholds Hill-Rom patent’s invalidity
The United States Court of Appeals for the Federal Circuit today upheld a previous ruling by the Patent Trial and Appeal Board which found Hill-Rom Holdings (NYSE:HRC) patent for hospital bed monitoring systems invalid. The Court of Appeals affirmed the Board’s previous decision, which found the patent owned by Hill-Rom to be invalid for reasons […]