Swedish medtech company Getinge announced today that the president of its Life Science business is resigning to pursue an external opportunity. A veteran of BD, Abbott and Boston Scientific, Eric Honroth joined Getinge eight years ago. He moved up to worldwide president of Life Science in 2022. “We are thankful for Eric’s important contributions to […]
Latest News on MassDevice
Endologix is now Rhevera Medical
Endologix, maker of minimally invasive devices to treat vascular diseases, has rebranded as Rhevera Medical. In a news release posted yesterday, the Santa Rosa, California–based company said the name combines “rheo,” Greek for flow, and “vera,” Latin for true. According to the company, the name expresses its tech focus on providing true, sustained blood flow […]
iRhythm completes acquisition of VitalConnect
iRhythm (Nasdaq: IRTC) announced this week that it has completed its $287.5 million acquisition of cardiac monitoring tech company VitalConnect. In a news release posted yesterday, iRhythm CEO Quentin Blackford described the deal close as an important milestone as the San Francisco–based company evolves past being a wearable heart patch monitor company to providing a […]
Medtronic taps Siemens Healthineers exec as new Cardiac Ablations Solutions VP
Medtronic (NYSE: MDT) recently announced a new VP and GM for its fast-growing Cardiac Ablation Solutions business. Rebecca Seidel, the medtech giant’s SVP of Elecrophysiology Therapies, welcomed Felicia Kurz to the company in a LinkedIn post yesterday. Kurz has advanced up the executive ranks at Siemens Healthineers for the past 10 years, serving for the […]
Stryker will have a new CEO next year
Stryker (NYSE: SYK) says Kevin Lobo will step down as CEO at year-end, ending a more than 14-year tenure that saw him guide the orthopedic and surgical device giant through dozens of acquisitions that helped the company triple its revenue. Lobo will transition to executive chair of the company’s board, effective Jan. 1, 2027. Spencer […]
Zenflow nets $52M, Cook Medical deal for in-office enlarged prostate implant
Zenflow raised a total of $52 million to expand the reach of its in-office Spring system for treating benign prostatic hyperplasia, or BPH. Cook Medical led the Series D financing and also signed up to exclusively distribute the minimally invasive nitinol implant, which is designed to reopen a urethra blocked by an enlarged prostate through […]
Abbott to update CardioMEMS to allow patients to track pulmonary artery pressure
The FDA approved an update to Abbott’s (NYSE: ABT) heart failure monitoring platform, which will allow patients to view their implant’s readings and receive personalized medication updates through an app. Abbott’s CardioMEMS system includes a wireless blood pressure sensor placed within the pulmonary artery, to catch early signs of worsening heart failure. Previously any changes […]
Wandercraft acquires exoskeleton rival Ekso Bionics
Wandercraft has acquired fellow exoskeleton maker Ekso Bionics, with the goal of forming an international robotic mobility player. The companies say Ekso’s U.S. commercial presence will bolster Wandercraft’s footprints in Europe, the Middle East and Africa. The deal’s financial terms were not disclosed. Their respective EksoNR and Atalante X systems are currently deployed at more […]
GE HealthCare to buy Sofie Biosciences in $945M radiopharmaceutical play
GE HealthCare (Nasdaq: GEHC) aims to bolster its radiopharmaceutical supply chain with a $945 million cash deal to buy Sofie Biosciences and its U.S. network of manufacturing sites. The goal is to obtain last-mile logistics for radioactive imaging agents that have a short half-life and need to be produced as close to patients as possible. […]
Carlsmed names chief product and AI officer as it claims CMS reimbursements
Carlsmed (Nasdaq:CARL) has brought on a chief product and artificial intelligence officer, marketing the latest in a string of recent changes in the C-suite of the spine surgery company. Tony Jarc will take the newly created position as Carlsmed looks to grow its AI-powered, patient-specific implant business. He joins from Intuitive, where he was VP […]
Integra LifeSciences says Cincinnati plant flooding will cost millions
Following heavy rains and flash flooding in the Cincinnati area this past July, Integra LifeSciences (NASDAQ: IART) said it expects the water damage at one of its manufacturing facilities will lead to millions lost in revenue, with a full recovery stretching into next year. The plant, located on the city’s East Side near creeks that […]
