GE Healthcare (NYSE:GE) announced today that it is collaborating with Boston Scientific (NYSE:BSX) on cardiac care in Southeast Asia. The companies tout the collaboration as the first of its kind. They will combine their interventional cardiology portfolios to provide a comprehensive offering ranging from diagnostic to percutaneous coronary intervention (PCI) to cardiac care centers in […]
GE Healthcare
GE Healthcare completes $1.45B acquisition of BK Medical
GE Healthcare (NYSE:GE) announced today that it completed its previously announced $1.45 billion acquisition of BK Medical. Boston-based GE Healthcare confirmed in September that the companies had entered into a definitive agreement for GE to purchase BK Medical, a developer of surgical visualization technologies. The acquisition adds real-time surgical visualization offerings to its pre-operative and […]
12 of medtech’s biggest personnel changes in 2021
As medtech companies continued to drive innovation throughout the past 12 months, a number of high-level executives led the way. Some of those companies and those executives opted for major changes over the course of 2021, though, with some high-profile moves from medtech giant to medtech giant. Here are some of the biggest personnel moves […]
The 10 largest medtech employers of 2021 – and what their employees really think
Employees of the 10 largest medtech employers are proud of working on life-saving products — with a greater appreciation for diversity and inclusion initiatives. That was one major takeaway as Medical Design & Outsourcing compiled some current and former employee reviews posted on Glassdoor. (Browse the online version of our Big 100 report.) Despite the pride, there was […]
GE Healthcare unveils new CT platform with built-in scalability
GE Healthcare (NYSE:GE) today unveiled its Revolution Apex computed tomography (CT) platform with built-in scalability. Revolution Apex was designed with onsite CT detector upgrades from 40 mm to 80 mm or 160 mm detector coverage, all without replacing the gantry. The goal is to help radiology departments to better stay ahead of the technology curve, […]
The 100 largest medical device companies in the world
Nearly half a trillion dollars — $421 billion to be exact — that’s how much the world’s 100 largest medical device companies brought in over the past year amid the COVID-19 pandemic. That’s one of the big takeaways from the Big 100, MassDevice and Medical Design & Outsourcing‘s annual analysis of the worlds’ 100 largest medtech companies. (Check […]
BREAKING: GE Healthcare to become stand-alone company in 2023
GE (NYSE:GE) announced plans today to split apart into three separate companies in coming years, including a stand-alone GE Healthcare. GE Healthcare brought in $17 billion in sales in 2020 and remains one of the 10 largest medtech businesses in the world, even after GE divested its Biopharma business to Danaher in early 2020. Boston-based […]
Medtech M&A: The industry’s biggest mergers and acquisitions of 2021
Across 2021, medtech has seen a wide range of mergers and acquisitions covering several areas of devices, pharmaceuticals and more. Some have gone off without a hitch, while others fell into serious scrutiny as mouthwatering financial figures were revealed and major technologies were acquired. Here are the 10 biggest mergers and acquisitions in medtech in […]
GE rises on Street-beating Q3, raised guidance
General Electric (NYSE:GE) shares ticked up today on third-quarter results that beat the consensus forecast. The Boston-based company posted sales of $18.4 billion for the three months ended Sept. 30, 2021, registering a year-over-year revenue decline of -0.5%. Adjusted to exclude one-time items, earnings per share were 57¢, 14¢ ahead of Wall Street, where analysts […]
GE Healthcare unveils next-gen cardiac-dedicated nuclear scanner
GE Healthcare (NYSE:GE) today announced that it has launched its MyoSpect cardiac-dedicated nuclear scanner. Chicago-based GE Healthcare designed the scanner to have an extended field-of-view processing with a new automated workflow. It features the company’s Alcyone technology and a CZT module design for a view of cardiac anatomy and pathology. “Today, the need for healthcare innovation […]
GE Healthcare launches next-gen fixed X-ray system
GE Healthcare (NYSE: GE) today announced its next-gen Definium Tempo fixed X-ray system. The Definium Tempo is a fixed, overhead tube suspension (OTS) digital X-ray system. Its creators designed it to be a “personal assistant” to radiologists and technologists. The idea is to leverage automation to reduce workflow burdens and help radiology departments boost patient […]
