Butterfly Network (NYSE:BFLY) announced today that it received a $5 million grant to improve maternal and fetal health in Sub-Saharan Africa. Guilford, Connecticut-based Butterfly Network will provide 1,000 healthcare workers in Sub-Saharan Africa with its Butterfly iQ+ handheld, whole-body point-of-care ultrasound probe with the funds from the grant provided by the Bill & Melinda Gates […]
Women's Health
Hologic becomes global sponsor of women’s professional tennis
Hologic (NSDQ:HOLX) and the Women’s Tennis Association announced a partnership making Hologic the global title sponsor of the WTA Tour. The multi-year alliance represents the largest global sponsorship in WTA history, as well as Hologic’s first worldwide sponsorship. According to a news release, the partnership aims to achieve “significant progress through a shared vision of […]
Medtech Color names 10 finalists in 2022 Pitch Competition
Medtech Color recently announced the top 10 finalists for its 2022 Pitch Competition. The Medtech Color 2022 Pitch Competition is a foundational start for medical technology, early-stage startups creating innovative technologies. It focuses on startups led by Black and Brown founders to showcase products and services that directly benefit patients. Get the full story on […]
CooperCompanies to buy Cook Medical’s reproductive health business for $875M
Cook Medical has signed a letter of intent to sell its Reproductive Health business to CooperCompanies, the two companies announced today. CooperCompanies (NYSE:COO) plans to pay privately-held Cook Medical $875 million: $675 million at closing, then the remaining $200 million paid in four $50 million annual installments. The proposed deal — which could close in […]
Hologic beats the Street with first quarter earnings ahead of Super Bowl ad debut
Hologic (NSDQ:HOLX) posted fiscal first-quarter results today that beat the consensus forecast on Wall Street and increased its outlook for the rest of the year. “We expect upside from COVID-19 testing, plus organic growth in our base Diagnostics and Surgical businesses, to offset headwinds from supply chain challenges in our Breast Health business,” CFO Karleen […]
‘Itty bitty’ falloposcope imaging device used inside fallopian tubes for the first time
After years of development, University of Arizona researchers have captured their first images inside fallopian tubes with a new device that could be used to search for early signs of ovarian cancer. University of Arizona BIO5 Institute Director Jennifer Barton developed the high-resolution falloposcope, which has a diameter of only 0.8 mm. “It’s itty bitty,” […]
Hologic says Q1 results will be better than expected
Hologic (Nasdaq: HOLX) announced preliminary Q1 revenue numbers that beat its previous projections, as well as the expectations of The Street. The Marlborough, Massachusetts–based company brought in revenue of roughly $1.47 billion for the quarter ended December 25, 2021, down 8% from the same quarter a year before but well above its most recent guidance […]
Establishment Labs names former Jefferies analyst as CFO
Establishment Labs today announced that it has appointed Raj Denhoy as chief financial officer, effective immediately. Denhoy has been with the Santa Barbara, Calif.–based women’s health medtech company since February when he was appointed as head of strategy and investor relations. He has served as interim CFO since August. “Raj has quickly become a trusted […]
Medtronic’s Hugo wins Health Canada license to expand robotic-assisted surgery
Medtronic (NYSE:MDT) announced today that it received a Health Canada license for use of the Hugo robotic-assisted surgery system. The company’s Brampton, Ontario-based Medtronic Canada subsidiary received the Health Canada license for use of Hugo in urologic and gynecologic laparoscopic surgical procedures. According to a news release, those procedures make up about half of all […]
Caldera launches new Desara TVez for stress urinary incontinence
Surgical product developer Caldera Medical announced today that it launched the Desara TVez as part of its Desara portfolio. Los Angeles-based Caldera’s Desara family of products includes offerings for treating stress urinary incontinence, pelvic organ prolapse and polyps. According to Caldera’s website, Desara TVez is used through the transvaginal approach with tighter trocar curve that […]
Hologic completes $160M acquisition of Bolder Surgical
Hologic (NSDQ:HOLX) announced today that it closed its previously announced $160 million purchase of Bolder Surgical. Marlborough, Massachusetts-based Hologic said just last month that it agreed to a deal that would see it acquire Louisville, Colorado-based developer and manufacturer of advanced energy vessel-sealing surgical devices. According to a news release, Hologic’s acquisition of Bolder adds laparoscopic […]