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Olympus Corporation to acquire Arc Medical Design from Norgine

Olympus Corporation to acquire Arc Medical Design from Norgine

Olympus Corporation, a Japanese optical products company, has agreed to acquire Arc Medical Design, a UK-based subsidiary of Dutch specialist pharma company Norgine for an undisclosed price. The Japanese firm said that the acquisition helps it expand its offering in gastrointestinal therapeutic devices. Besides, the transaction will help Olympus Corporation in its development of advanced […]

InnovHeart raises €20m for TMVR systems for mitral valve disease

InnovHeart, an Italian medical device manufacturer, has raised €20 million in a Series B funding round for its transcatheter mitral valve replacement systems (TMVR systems) for the treatment of mitral valve disease. Existing investor Genextra, which has been the lone investor in InnovHeart since its founding in 2015, took part in the funding round. A […]

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Siemens Healthineers to acquire cancer care technologies developer Varian Medical Systems

Siemens Healthineers acquisition of Varian Medical Systems : Germany-based Siemens Healthineers has signed an all-cash deal worth around $16.4 billion to acquire US-based cancer care technologies developer Varian Medical Systems with an objective to strengthen its oncology portfolio and bolster its position in the healthcare sector. Based in California, Varian Medical Systems is among the […]

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Topcon Healthcare acquires Henson perimeter business of Elektron Eye Technology

Topcon Healthcare, a US ophthalmic device manufacturer, has acquired the Henson perimeter business of UK-based Elektron Eye Technology (EET) for an undisclosed price. The range of perimetry products acquired includes the Henson 9000 and Henson 7000 perimetry screening devices along with the transfer of a number of Elektron Eye Technology employees to the US company. […]

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Masimo gets FDA clearance for Centroid patient monitoring sensor

Masimo, a US medical device company, has received clearance from the US Food and Drug Administration (FDA) for Centroid, the company’s wearable, wireless patient orientation, activity, and respiration rate sensor. Centroid is said to aid clinicians in monitoring patient position to avoid preventable pressure ulcers. Besides, it can alert clinicians to sudden movements like fall-like […]

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Roche gets FDA nod for cobas EZH2 Mutation Test as companion diagnostic for follicular lymphoma patients

Roche has secured approval from the US Food and Drug Administration (FDA) for its cobas EZH2 Mutation Test as a companion diagnostic for TAZVERIK (tazemetostat), developed by Epizyme. According to the Swiss healthare company, the molecular test can detect abnormalities in the EZH2, or Enhancer of Zeste Homolog 2, gene in patients having follicular lymphoma […]

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Medtronic secures $337m from Blackstone to develop diabetes technologies

Irish medical device company Medtronic has secured a $337 million product investment from Blackstone Life Sciences for advancing new, innovative products particularly designed to ease the burden of diabetes management. Through the new capital, Medtronic intends to increase research and development (R&D) funding in its diabetes group by a significant extent besides accelerating its diabetes pump […]

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RapidAI acquires aneurysm management platform developer EndoVantage

RapidAI, an AI-based medical imaging company, has acquired EndoVantage, the developer of the Find, Track and Treat cerebral aneurysm management platform for an undisclosed price. Through the acquisition, RapidAI said that it has continued to grown its scope, from ischemic stroke to hemorrhagic stroke and now to aneurysm. Last year, the medical imaging company launched […]

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Apollo Hospitals to use AI platform from Zebra Med for COVID-19 detection

Zebra Medical Vision (Zebra-Med), an Israel-based deep-learning medical imaging analytics company, said that its software will be deployed by India’s Apollo Hospitals Group to help its doctors in efficient and accurate diagnoses of COVID-19, by leveraging the former’s0 AI1 platform. The duo entered into a collaboration in March 2019 for deploying Zebra Medical Vision’s artificial […]

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Roche acquires DNA sequencing technology company Stratos Genomics

Roche acquisition of Stratos Genomics : Swiss pharma giant Roche has acquired US-based early-stage DNA sequencing technology company Stratos Genomics for an undisclosed price. The transaction is expected to help Roche advance the development of its nanopore sequencer through the access to Sequencing by Expansion (SBX), Stratos Genomics’ unique chemistry. Roche said that once developed, […]

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