The U.S. Defense Dept. announced that Cardinal Health (NYSE:CAH) and Owens & Minor (NYSE:OMI) are among a number of companies set to receive contracts exceeding $1 billion. Dublin, Ohio-based Cardinal Health was awarded a maximum of $2.25 billion in a 30-month base contract. The company has three 30-month option periods for worldwide ordering and distribution of its […]
Becton Dickinson, Zoll win DoD contracts
Both and Zoll Medical, an Asahi Kasei (TYO:3407) subsidiary, and Becton Dickinson (NYSE:BDX) picked up contracts from the U.S. Defense Dept. within the last week. On September 20, Zoll was awarded a maximum of more than $8.4 million for its dual-aeromedical certified defibrillators and accessories. The one-year base contract has four one-year options and is slated for a […]
Philips wins $400m Pentagon deal for PACs imaging system
Philips Healthcare Informatics, a branch of Royal Philips (NYSE:PHG), won a $400 million contract from the U.S. Defense Dept. last week for its digital imaging network picture archiving communications system. The fixed-price, indefinite-delivery/indefinite-quantity contract has a five-year base with one five-year option period. Ten offers were received for the acquisition. Philips’ PACs will be used by […]
Remote Diagnostic Technologies among 35 companies selected for $100M DoD contract
The U.S. Department of Defense has named Remote Diagnostic Technologies as one of several device companies eligible to participate in a $100 million contract for patient monitoring systems, accessories and training. The five-year base contract comes with an option for a five-year extension, according to the DoD. Customers will be the U.S. Army, Navy, Air […]
Hillrom’s Welch Allyn wins $100m Defense contract
Hillrom (NYSE:HRC) subsidiary Welch Allyn won a Pentagon contract worth $100 million for patient monitoring equipment, the U.S. Defense Dept. said yesterday. Skaneateles Falls, N.Y.-based Welch Allyn beat out 35 other outfits to win the five-year contract, which has a single five-year option after June 24, 2024, the Pentagon said. The contract covers the Army, Navy, Air […]
Synchron’s thought-to-text tech starts clinical trial
Synchron said it has begun the first clinical trial for its neural interface technology designed to restore communication to people with severe paralysis. The trial will measure the safety of the company’s “thought-to-text” technology by assessing its Stentrode implant in combination with BrainOS software and the stability of high-fidelity signals from the brain to external communications […]
FDA, DoD formalize medical product development deal
The FDA said last Friday that it and the U.S. Department of Defense’s Office of Health Affairs inked a Memorandum of Understanding to support medical product development intended to support military personnel. The deal creates a framework through which the FDA and DOD can implement “enhanced engagements” that were part of a law passed by […]
FDA to speed up review of medical products for U.S. military
The U.S. FDA today announced a memorandum of understanding with the Department of Defense to accelerate regulatory assessment of medical products for military personnel. Congress last year passed a law to expedite regulatory review of products to diagnose, treat or prevent serious diseases or conditions facing U.S. military personnel. The memorandum establishes a framework to implement […]
BrainScope lands $4.5M to add vision assessment to its technology
The U.S. Department of Defense has awarded BrainScope a $4.5 million research contract to create and integrate ocular capabilities into its handheld, multi-parameter mild traumatic brain injury (mTBI) and concussion products. The Bethesda, Md.-based company’s initial product, BrainScope One, is the first FDA-cleared medical device that can assess the full spectrum of brain injury – from concussions (functional […]
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