Cook Medical today announced a collaboration with Mendaera to create solutions for needle-based interventions with handheld robotics. San Mateo, California–based Mendaera develops a handheld robotic interventional platform. Its technology includes robotics, AI, real-time imaging and virtual connectivity. The company designed it for accessibility across specialties and sites, helping to meet the growing demand for needle-based […]
Cook Medical
Cook Medical invests $3.4M in Ireland facility sustainability
Cook Medical announced that it made a $3.4 million (€3 million) investment in new technologies at its site in Limerick, Ireland. The company plans to put the investment toward renewable and energy-saving technologies in Castletroy, Limerick. This project features a new one-megawatt, ground-mounted solar PV array on the site’s grounds. It also includes 1.2 megawatts […]
Layoffs in medtech: These companies recently reduced their workforce
Medtech layoffs are picking up as 2024 draws to a close. Sean Whooley, Associate Editor, and Chris Newmarker, Editor-in-Chief The medical device industry is closing out the year with a fresh round of layoffs. At this point, MassDevice has reported on more than 22,000 medtech job cuts across the industry since mid-2022. (Have a tip […]
Merit Medical completes acquisition of Cook Medical’s lead management portfolio
Merit Medical Systems (Nasdaq:MMSI) announced today that it completed its acquisition of Cook Medical’s lead management portfolio. South Jordan, Utah–based Merit announced its agreement to buy the portfolio for $210 million in September. Merit funded the acquisition through a combination of cash on hand and borrowings under a long-term credit facility. The Cook lead management […]
Cook Medical begins distributing PillSense ingestible capsule that detects GI bleeds
Cook Medical today announced it began distribution for the PillSense GI Bleed Detection System in the U.S. PillSense is a single-use ingestible capsule with a reusable receiver that detects blood in the upper GI tract. The device, manufactured by EnteraSense, helps clinicians efficiently triage and prioritize patients with suspected gastrointestinal bleeding, allowing providers to confirm […]
Cook Medical launches IVF device in U.S.
Cook Medical announced that it launched its NestVT vitrification device for in-vitro fertilization (IVF) in the U.S. Bloomington, Indiana-based Cook designed NestVT as a secure solution for embryos and oocytes during vitrification, cryo-storage and relocation. The company says the launch coincides with an effort to become a trusted IVF partner. It plans to offer simulation […]
Merit Medical to buy Cook Medical’s lead management portfolio
Merit Medical Systems (Nasdaq:MMSI) announced today that it agreed to acquire Cook Medical’s lead management portfolio for $210 million. Cook Medical’s lead management business provides medical devices and accessories used in lead management procedures. These procedures occur in patients who need a pacemaker or an implantable cardioverter-defibrillator (ICD) lead removed or replaced. Merit Medical says […]
Cook Medical to sell Reproductive Health business
Cook Medical today announced that it signed a letter of intent to sell its Reproductive Health business (Cook ART) to a private equity firm. The Bloomington, Indiana-based company entered into the agreement with Astorg, a firm with healthcare investment experience. Its sale includes the company’s in vitro fertilization (IVF) and assisted reproductive technology (ART) products. […]
Cook Medical to distribute swallowable GI bleeding sensing device
Cook Medical announced yesterday that it agreed to become the exclusive distributor of the EnteraSense PillSense product in the U.S. Bloomington, Indiana-based Cook begins assuming sales management and marketing responsibilities for PillSense in the fourth quarter, the company announced yesterday. The company says its distribution agreement allows it to collaborate with other companies. Now, Cook […]
Cook Medical launches Ascend single-use ureteroscope in U.S., Canada
Cook Medical this week launched its Ascend Single-Use Flexible Ureteroscope in the U.S. and Canada. The launch allows the company to better serve more urology customers with a complete portfolio of stone management products. Bloomington, Indiana-based Cook Medical designed Ascend to always be ready to use. It eliminates common issues in reusable ureteroscopes, including scope […]
Cook Medical wins DOD contract for drug-eluting stents
Cook Medical announced today that the U.S. Dept. of Defense (DOD) awarded it an ECAT contract for implantable medical devices. The contract includes implantable vascular medical devices like the Zilver PTX drug-eluting peripheral stent. It also applies to the Zenith aortic endografts and associated interventional devices for treating vascular disease. Cook Medical said in a […]
