410 Medical filed an SEC Form D earlier this week to disclose the sale of nearly $8 million in equity. The Durham, N.C.-based company issued the first sale of its $8 million offering on Oct. 21 and, as of this week, sold $7.6 million of the available equity, leaving $400,000 remaining to be sold. 410 […]
Zoll Medical picks up Mobilize RRS
Asahi Kasei (TYO:3407) subsidiary Zoll Medical said today that it bought Mobilize RRS and the Mobile Rescue Systems app and rescue kits it developed. The products made by Pittsford, N.Y.-based Mobilize RRS are designed to help untrained bystanders assess, manage and help patients during medical emergencies. The systems include step-by-step instructions and supplies to help bystanders […]
Zoll buys AED developer Cardiac Science
Zoll Medical said today that it inked a deal to acquire Cardiac Science Corp., and its portfolio of automated external defibrillators. Deerfield, Wis.-based Cardiac Science operates in North America, Europe and Asia. The company has installed more than 500,000 units in nearly 100 countries, according to Zoll. The two companies did not disclose financial terms […]
Reno hosts first complete AED deliveries via drone
The Biggest Little City in the World last week claimed another title when a single operator flew multiple drones delivering automated external defibrillators as part of a Federal Aviation Administration pilot program. The first flights were successfully completed using drones made by Flirtey that are designed to move heavier payloads over longer distances and for more […]
Zoll claims $5m win in AutoMedx dispute
Zoll Medical said today that it won more than $5 million with an arbitrator’s decision in its spat with former partner AutoMedx. Coppell, Texas-based AutoMedx sued the Asahi Kasei (TYO:3407) subsidiary in 2015, alleging breach of contract after Zoll’s Advanced Circulatory Control Systems business spiked a product development deal “due to AutoMedx’s failure to perform,” Zoll […]
Death prompts warning for Zoll’s LifeVest wearable AED
Asahi Kasei (TYO:3407) subsidiary Zoll Medical and the FDA are warning about an error code displayed by a model of its LifeVest wearable automatic external defibrillator that was involved in a patient’s death. Patients using LifeVest 4000 models who don’t contact the company after the device displays “Call for service: Device has a problem that may […]
Philips, Zoll Medical close in on settling AED patent spat
Royal Philips (NYSE:PHG) and Zoll Medical say they’re close to settling a long-running patent spat over automated external defibrillator technology. Zoll and Philips have battled for years in the courts over their respective AED technologies. This case began when Philips sued Zoll in 2010, according to court documents, alleging infringement of six AED patents (a later suit, filed […]
Philips settles DoJ, FDA AED case
Royal Philips (NYSE:PHG) said yesterday it inked a settlement deal with the US Dept. of Justice and the FDA relating to quality issues during production of automated external defibrillators at its Andover, Mass. and Bothell, Wash.-based facilities Through the agreement on a consent decree, Philips said it will suspend manufacturing and distribution of AEDs at those facilities, […]
Cardiac Science inks deal to supply Boston public schools with AEDs
Cardiac Science said today it inked a deal with the Boston Public Schools to supply them it its Powerheart G5 automated external defibrillators to expand the district’s AED program. The Deerfield, Wisc.-based company said the Powerheart G5 is the 1st FDA-cleared AED which combines automatic shock delivery along with dual-language rescue prompting, variable escalating energy […]
Johnson & Johnson lands $260m Defense Dept. contract for orthopedic devices
UPDATED May 15, 2017, with comment from J&J. The U.S. Defense Dept. yesterday awarded a Johnson & Johnson (NYSE:JNJ) unit a contract for orthopedic products worth nearly $260.5 million. The 1-year contract with Piscataway, N.J.-based Johnson & Johnson Healthcare System includes 4 1-year options; the total maximum value of the agreement covers the life of the contract including […]
Zoll Medical wins Health Canada nod for next-gen AEDs
Zoll Medical said this week it won approval from Health Canada for its Zoll AED 3 and Zoll AED 3 BLS automated external defibrillators and launched them in the region. Both newly-cleared AEDs provide real-time feedback to communicate appropriate timing for effective CPR through audible and visual prompts, which the Chelmsford, Mass.-based company said can be critical […]
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