Thermo Fisher (NYSE:TMO) said today it bought electron microscopy developer FEI Company for $4.2 billion, through the acquisition of stock at $107.5 per share in cash. FEI designs, manufactures and supports high-performance electron microscopy workflows, Thermo Fisher said. The company has more than 3,000 employees worldwide and reported revenues of $930 million last year. “We are […]
Newly minted NuVasive CEO Greg Lucier has quite the pedigree when it comes to building successful companies. Lucier, who was named permanent CEO of the San Diego, Calif.-based spinal device company in May 2015, built Life Technologies from a start up (then named Invitrogen) to a global biotech juggernaut with 12,000 employees and just under […]
Cook Medical named Rob Lyles executive vice president, the latest move in a larger management shift at the Indiana medtech maker.
Lyles was formerly vice president of Cook’s peripheral intervention division. He has been with the company since 2003 and was named division VP in 2007. Lyles’ promotion follows the advancement of Pete Yonkman to president of the Cook Medical. Mark Breedlove, a 19-year veteran of Cook Medical, will succeed Lyles as VP of the peripheral intervention division.
Thermo Fisher Scientific Inc. (NYSE:TMO) has acquired Boulder, Colo.-based picoSpin for an undisclosed amount.
The Waltham, Mass.-based Thermo Fisher will fold picoSpin into its chemical analysis business as part of the Analytical Technologies business unit, according to a prepared release.
MASSDEVICE ON CALL — A look at the top 10 medical device makers found that more than half had little to no environmental initiatives in place.
In a study conducted by Green Research, the companies with stainability initiatives were:
MASSDEVICE ON CALL — As manufacturing costs rise in western nations, BRIC countries like India and China become more alluring for med-tech makers, well-known cardiologist and professor Dr. Balram Bhargava told a Cambridge University lecture.
"There is a thinning medical pipeline in the west," Bhargava said. "Innovation centres are developing in these countries and they will probably develop devices that will ultimately be accepted by the west, be partnered by the west and therefore western companies will move to Indian soil to manufacture."