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Bracco Diagnostics gets FDA nod for CardioGen-82 infusion system

Bracco Diagnostics gets FDA nod for CardioGen-82 infusion system

Bracco Diagnostics, the US subsidiary of Italian diagnostic imaging company Bracco Imaging, has secured approval from the US Food and Drug Administration (FDA) for its new CardioGen-82 infusion system. According to Bracco Diagnostics, CardioGen-82 infusion system is used for improving automation, efficiency, and simplicity in cardiac position emission tomography (PET) myocardial perfusion imaging (MPI). CARDIOGEN-82 […]

Oxford develops rapid diagnostic test to detect Covid-19 within 5mins

Oxford University claimed that scientists from its Physics department have developed an extremely rapid diagnostic test for Covid-19. The rapid diagnostic test can detect and identify viruses within five minutes, said the UK-based university. The method can be used to differentiate the SARS-CoV-2 virus from negative clinical samples and also from other common respiratory pathogens […]

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R3 Vascular raises $17.8m for devices to treat peripheral artery diseases

R3 Vascular, an early-stage US medical device company, has raised $17.8 million in a Series A financing round, led by an undisclosed corporate investor and 415 CAPITAL. The funding comprised new equity investments of $15 million and the conversion of $2.8 million of convertible notes. The Series A round also saw participation from HBM-MedFocus and Wexford […]

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Ampersand acquires majority stake in in vitro diagnostics company ALPCO

Ampersand Capital Partners, a middle-market private equity firm, has acquired a majority stake in American Laboratory Products Company (ALPCO), an in vitro diagnostics company, for an undisclosed price. Established in 1990, ALPCO started off as an importer and distributor of immunoassay-based products serving the North American life science markets. Currently, the company offers its proprietary […]

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Illumina to take full ownership of cancer screening company GRAIL in $8bn deal

Illumina acquisition of GRAIL : US sequencing company Illumina has agreed to fully acquire California-based cancer screening company GRAIL in a cash and stock deal worth $8 billion. It was Illumina which had established GRAIL in 2016. Subsequently, it was separated as an independent company driven by Illumina’s NGS technology for developing data science and […]

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Bruker acquires Missouri-based life science company Canopy Biosciences

US scientific instruments manufacturer Bruker Corporation has acquired Canopy Biosciences, a life science company engaged in providing high multiplex biomarker imaging for immunology, immuno-oncology, and cell therapy, for an undisclosed price. Bruker said that the acquisition boosts its offering in targeted multi-omics and fluorescence-based imaging techniques. The company claimed that its global presence, complementary technologies, and […]

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KA Imaging gets FDA clearance for Reveal X-ray detector

KA Imaging said that Reveal, its portable dual-energy X-ray detector has been granted 510(k) clearance from the US Food and Drug Administration (FDA). The Canadian X-ray detector manufacturer said that Reveal enables differentiation of bones and soft-tissues without motion artifacts in a single X-ray exposure, which means with a single shot, the detector simultaneously generates […]

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Evonetix, Analog Devices join forces for third gen DNA synthesis platform

Evonetix, a synthetic biology company, which is engaged in developing a desktop platform for rapid gene synthesis, has entered into a collaboration to develop a third-generation DNA synthesis platform with Analog Devices, an analog technology company. The firms will collaborate on advancing and scaling up Evonetix’s microelectromechanical systems (MEMS)-based silicon chips commercially and speed up […]

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Freudenberg Medical acquires hypotube manufacturing business of Merit Medical Systems

Freudenberg Medical has acquired the manufacturing equipment and associated assets used by Merit Medical Systems in its hypotube manufacturing business, for an undisclosed price. The company said that the acquired assets will be combined with its Ireland-based subsidiary Cambus Medical, which is a hypotube manufacturer in the minimally invasive industry. Founded in 2006, Cambus Medical […]

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Thermo Fisher scraps $11.5bn Qiagen deal after failed tender offer

Thermo Fisher Scientific has scrapped its previously planned $11.5 billion acquisition of Qiagen after its offer to buy all of the ordinary shares of the latter lapsed. The US life sciences company announced the acquisition of the Netherlands-based provider of molecular diagnostics and sample preparation technologies in March 2020 in a move to expand specialty […]

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