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Luminetx Corp signs deal with Premier Purchasing for its ‘VeinViewer Technology’
Based in Memphis, Luminetx Corp, which develops and commercializes medical products and biometric technologies, has signed an inclusion agreement with Premier Purchasing LP, a large health care read more
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VIDA Diagnostics finally gets FDA approval for its ‘Pulmonary Workstation 2.0’
IA-based VIDA Diagnostics Inc. has informed that its primary product, Pulmonary Workstation 2.0 (PW2) has obtained FDA 510(k) clearance for sale. read more
View ArticleSt. Jude acquires all outstanding shares of MediGuide Inc.
St. Jude Medical Inc. has acquired all of the outstanding shares of MediGuide Inc., including the 41.3% stake owned by Elbit Systems Ltd, for $283 million in cash and the assumption of net liabilities...
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Nihon Kohden Corp. picks 100% stake in Neurotronics Inc.
Nihon Kohden Corp. picks 100% stake in Neurotronics Inc.Nihon Kohden Corporation, Japan's leading manufacturer, developer and distributor of medical electronic equipment, has signed a mutual agreement...
View ArticleMetiscan completes acquisition of two OPD imaging facilities
Texas-based Metiscan, Inc. has informed that it has completed the acquisition of two outpatient diagnostic imaging facilities which exclusively provide Magnetic Resonance Imaging (MRI) services. The...
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Moog Inc. buys AITECS Medical UAB for $21 million
Moog Inc. buys AITECS Medical UAB for $21 millionMoog Inc, a worldwide designer, manufacturer, and integrator of precision control components and systems, has acquired AITECS Medical UAB, a medical...
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Medical devices approved without close scientific review
Medical devices approved without close scientific reviewCongressional investigators have revealed that some medical devices used for sensitive procedures from hip joints to a type of defibrillator have...
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Hologic posts 16% increase in Q1 revenue; weak Q2 outlook
Hologic Inc., a medical diagnostics companyThe Bedford, Massachusetts-based Hologic Inc., a medical diagnostics company, reported a better-than-expected first quarter profit and a 16 percent increase...
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Medtronic’s brain device receives FDA approval for severe anxiety disorder
Food and Drug AdministrationMedtronic Inc’s implantable deep brain stimulator, Reclaim DBS Therapy, has received the FDA approval for facilitating the treatment process in severe cases of...
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Medtronic acquires CoreValve; Ventor Technologies
Medtronic acquires CoreValve; Ventor TechnologiesMinneapolis-headquartered Medtronic, Inc. has signed a definitive agreement to acquire CoreValve, Inc., developer of a transcatheter, transfemoral...
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Baxa Corporation acquires ForHealth Technologies
Baxa Corporation acquires ForHealth TechnologiesBaxa Corporation, a customer-focused medical device company, has informed that it has acquired ForHealth Technologies, Inc., a Florida-based healthcare...
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Democrats move Legislation to overturn Court Ruling that Protects Medical...
FDAU. S. Democrats on Thursday moved a legislation to overturn a 2008 ruling that protected medical device companies from being sued by patients over harm from their products that were approved by the...
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New device scores over common anti-clotting drugs in reducing risk of stroke
heart-rhythm-disorder.jpgThe recent study has shown that a device placed in the heart is more effective in reducing risk of stroke due to a common heart-rhythm disorder as compared to anti-clotting...
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Medtronic’s to commence first lot of 1,400 recruitments for new diabetes center
Medtronic_Logo.jpgIn its endeavor to expand its growing diabetes business, the Minneapolis-based medical device maker Medtronic Inc. intends making 1,400 job-additions in the coming five-year period,...
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Medtronic pacemaker defect – physicians warned
medtronic-pacemaker301.jpgIn a letter to physicians, Medtronic Inc. has warned that nearly 37,000 of its pacemakers, produced late 1990s onwards, could possibly have wiring defects due to which a...
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Profit Rises for Becton Dickinson
Becton-Dickinson.jpgBecton Dickinson & Co recorded a decent increase in profit for the fourth quarter at 12 per cent. The revenue for the quarter also rose by 5 per cent all due to the high sales...
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Smith & Nephew Surpasses 3Q Net Profit Estimates; Symbolizes Market...
Smith-Nephew.jpgOn Friday, the British medical devices company Smith & Nephew Plc., reported a 73% rise in third-quarter net profit and shared the anticipation that the market for replacement hips...
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Medtronic Accepts Defects in Insulin Pumps
Insulin-Pumps.jpgMedtronic Inc has accepted that the defects in its security insulin pumps could help hackers control the device with a remote.However, company officials have notified that the 200,000...
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New $6 million scanner installed at Royal Children's Hospital in Melbourne
cutting-edge-imaging-machine.jpgA new cutting edge imaging machine has been installed at the Royal Children's Hospital in Melbourne in Australia.read more
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