Generex Biotechnology said yesterday that it inked a deal to acquire medical and surgical product distributor Medisource Partners in a deal worth approximately $1 million. Miramar, Fla.-based Generex said that the deal includes all assets of Medisource including its business operations, accounts receivable, inventory, contracts and real estate for $1 million worth of Generex stock, […]
ConforMIS lands $1.4 million MassDevelopment loan | Funding Roundup
ConforMIS Inc. is on a roll the announcement that it secured a $1.4 million loan from MassDevelopment’s Emerging Technology Fund.
The loan will go toward growing the Burlington, Mass.-based company’s supply chain and manufacturing capacity for its iTotal customized knee replacement system.
Practice Fusion announces first VP of product management | Personnel Moves
Here’s the latest personnel changes from medical device, diagnostics and life science companies around the nation. For more recent hirings and firings, check out MassDevice’s compilation of the latest personnel moves.
Toshiba takes one step closer to $273 Vital Images acquisition | Acquisitions roundup
Toshiba Medical Systems Corp. came one step closer the $273 million acquisition of Vital Images Inc. (NSDQ:VTAL) with the announcement that the initial tender offer period had expired.
A total of 11.9 million shares were tendered by expiration time, representing about 72 percent of Vital Images’ outstanding common stock on a fully diluted basis.
GE Healthcare signs research agreement with ImaginAb | Deals Roundup
GE Healthcare announced today that it executed a master research agreement with ImaginAb Inc. for the development of new positron emission tomography (PET) diagnostic imaging agents for cardiovascular diseases.
ImaginAb, founded in 2007 by UCLA faculty, is a biotechnology company specialized in diagnostic imaging and applications with a focused pipeline toward cancer and immunology.
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