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Varian Medical Systems

Varian wins FDA IDE for Flash radiation therapy

June 27, 2022 By Sean Whooley

Varian announced today that it received FDA investigational device exemption IDE to advance its Flash clinical research program. Flash therapy, an experimental treatment modality, was designed to deliver radiation therapy at ultra-high dose rates in typically less than one second. The Siemens Healthineers company will conduct the feasibility study of Flash therapy for the treatment […]

Filed Under: Clinical Trials, Featured, Food & Drug Administration (FDA), News Well, Oncology, Radiosurgery/Radiation therapy, Regulatory/Compliance Tagged With: FDA, Siemens Healthineers, Varian, Varian Medical Systems

Siemens Healthineers’ Varian faces scrutiny over environmental cleanup at former Massachusetts site

March 1, 2022 By Sean Whooley

Varian could reportedly face penalties due to the spread of toxic chemicals relating back to its former property in Massachusetts. The Salem News reported yesterday that more than 21 years ago, Beverly, Massachusetts officials requested that Varian — which was acquired by Siemens Healthineers in a $16.4 billion deal last year — test the bedrock […]

Filed Under: Business/Financial News, Featured, Legal News, News Well Tagged With: Siemens Healthineers, Varian, Varian Medical Systems

12 of medtech’s biggest personnel changes in 2021

December 17, 2021 By Sean Whooley

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 […]

Filed Under: Business/Financial News, Featured Tagged With: Abbott, BD, Butterfly Network, Dexcom, GE Healthcare, Integra LifeSciences, iRhythm Technologies Inc., Johnson & Johnson, Medtronic, Personnel Moves, Siemens Healthineers, Stryker, Titan Medical Inc., Varian Medical Systems, Zimmer Biomet

Baxter, 3M, Abbott near the top of Newsweek’s most responsible companies list

December 3, 2021 By Sean Whooley

Several medtech, healthcare and life sciences companies, including big names like Abbott (NYSE:ABT), 3M (NYSE:MMM) and Baxter (NYSE:BAX), are among the 500 “most responsible,” according to Newsweek. The outlet published its “America’s Most Responsible Companies 2022” list, marking the third installment of the compilation (in partnership with Statista), this time expanded to include 500 of […]

Filed Under: Business/Financial News, Featured, News Well Tagged With: 3m, Abbott, Amerisource Bergen, Avanos Medical (formerly Halyard Health), Baxter, BD, Biogen, Boston Scientific, Cantel Medical Corp., Cardinal Health, Edwards Lifesciences, Gilead Sciences, Henry Schein, Hillrom, Hologic, Illumina Inc., Insulet, LabCorp, Merck, Pfizer, Quest Diagnostics Inc., ResMed, Thermo Fisher Scientific, Varex Imaging, Varian Medical Systems

Medtech M&A: The industry’s biggest mergers and acquisitions of 2021

November 5, 2021 By Sean Whooley

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 […]

Filed Under: Business/Financial News, Featured, Mergers & Acquisitions, Wall Street Beat Tagged With: Baxter, Boston Scientific, GE Healthcare, Grail, Hillrom, Illumina Inc., Medtronic, PerkinElmer Inc., Philips, Roche, Sanofi, Siemens Healthineers, Thermo Fisher Scientific, Varian Medical Systems, Vectura

Varian wins FDA breakthrough nod for cardiac radioablation system

May 26, 2021 By Sean Whooley

Varian announced today that it received FDA breakthrough device designation for its cardiac radioablation (CRA) system. Palo Alto, Calif.-based Varian, a recently acquired Siemens Healthineers company, developed the CRA system as a noninvasive therapy for select patients with refractory ventricular tachycardia (VT), according to a news release. VT, a fast, abnormal heart rate that could […]

Filed Under: Cardiovascular, Catheters, Featured, Food & Drug Administration (FDA), Regulatory/Compliance, Structural Heart Tagged With: FDA, Siemens Healthineers, Varian, Varian Medical Systems

Siemens Healthineers ticks up on Q2 earnings, raised guidance

May 3, 2021 By Sean Whooley

Siemens Healthineers (ETR:SHL) shares ticked up today on strong second-quarter results and raised guidance for 2021. The Erlangen, Germany-based company posted profits of $539 million (€447 million), or 50¢ per share, on sales of $4.8 billion for the three months ended March 31, 2021, for an 8% bottom-line gain on sales growth of 7.6%. Adjusted […]

Filed Under: Business/Financial News, Diagnostics, Featured, Imaging, MassDevice Earnings Roundup, Oncology, Wall Street Beat Tagged With: Siemens Healthineers, Varian Medical Systems

MedTech 100 roundup: Industry skies to all-time high

April 19, 2021 By Sean Whooley

The medtech industry hit a slight lull in the early stages of 2021 and, after signs of a rebound, it has soared beyond levels ever before seen. MassDevice‘s MedTech 100 Index had been building up steam in the month of April, rising from 102.16 points at the beginning of March all the way to 109.39 to […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Initial Public Offering (IPO), MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: Align Technology, Amgen, DiaSorin, Five Prime Therapeutics, Luminex, Medline Industries Inc., MedTech 100 Index, Microsoft, Nuance Communications Inc., Siemens Healthineers, Thermo Fisher Scientific, Varian Medical Systems, Vicarious Surgical

Siemens Healthineers completes Varian acquisition

April 15, 2021 By Sean Whooley

Siemens Healthineers (ETR:SHL) announced today that it completed its acquisition of Varian Medical Systems (NYSE:VAR). In August, the companies announced that Siemens would acquire Varian in a $16.4 billion deal to create what the companies said will be the most comprehensive cancer care portfolio in the industry. Varian shareholders approved the deal in October. Several personnel moves have […]

Filed Under: Business/Financial News, Diagnostics, Featured, Health Technology, Mergers & Acquisitions, Oncology, Software / IT, Wall Street Beat Tagged With: Siemens Healthineers, Varian, Varian Medical Systems

Google, Varian partner on AI to boost cancer radiation therapy

April 8, 2021 By Chris Newmarker

Varian (NYSE: VAR) announced today that it is working with Google Cloud to build an AI-based diagnostic platform. The companies’ focus is on AI models for organ segmentation — a crucial, labor-intensive step in radiation oncology that can often turn into a clinical workflow bottleneck.  It involves identifying the organs and tissues in diagnostic images […]

Filed Under: Business/Financial News, Featured, Health Technology, Oncology, Software / IT Tagged With: AI, Alphabet (Google), artificial intelligence, Google, Varian Medical Systems

Varian CFO resigning ahead of Siemens Healthineers acquisition

March 9, 2021 By Sean Whooley

Varian Medical Systems CFO J. Michael Bruff has decided to resign from the company to pursue other opportunities. In an announcement released yesterday, the company confirmed that Bruff’s decision will be made effective on March 12, 2021, with SVP, chief accounting officer and corporate controller Magnus Momsen set to serve in the role on an […]

Filed Under: Business/Financial News, Diagnostics, Featured, Oncology Tagged With: Personnel Moves, Siemens Healthineers, Varian Medical Systems

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