In a major upheaval, Olympus Corporation’s President and CEO, Stefan Kaufmann, resigned amid allegations of illegal drug purchases, triggering a severe market reaction. Olympus confirmed Kaufmann’s resignation, citing adherence to strict corporate ethics as it faced scrutiny over the executive’s alleged misconduct. The company, known for its global standing in medical imaging technology, saw shares […]
Getinge, a prominent Swedish medical technology company, has announced its acquisition of Paragonix Technologies, Inc., a U.S.-based leader in organ preservation and transportation products. The deal, valued at approximately USD 477 million, marks a significant strategic expansion for Getinge, enabling it to enter the fast-growing organ transplantation market. A Strategic Expansion into Organ Transplantation Paragonix […]
Stryker Corporation (NYSE: SYK), a global leader in medical technologies, has taken another significant step in expanding its interventional pain management offerings by announcing the acquisition of Vertos Medical Inc. Vertos Medical, known for its minimally invasive treatments for lumbar spinal stenosis, adds a crucial asset to Stryker’s portfolio with its mild® procedure, which offers […]
Bone Index Finland Ltd., a leading innovator in medical technology, has announced the successful completion of its latest financing round and a strategic partnership with Lynx Financial (HK) Limited. This development marks a significant milestone for Bone Index, as it aims to expand its presence and enhance its service capabilities in North America and the […]
MarinHealth has made headlines with its groundbreaking use of augmented artificial intelligence for aneurysm repair, marking a significant advancement in vascular surgery. The healthcare provider recently completed its first vascular surgical procedure utilizing the Cydar Maps AI technology, positioning its surgical team among a select few nationwide capable of employing this cutting-edge system. In a […]
HeartFlow, Inc., a leading innovator in non-invasive artificial intelligence (AI) solutions for heart care, has launched its next-generation HeartFlow Plaque Analysis platform. This advanced tool, unveiled at the Society of Cardiovascular Computed Tomography (SCCT) Annual Scientific Meeting in Washington, D.C., represents a significant leap forward in coronary artery disease (CAD) risk assessment and personalized patient […]
In the realm of medical technology, various instruments are employed to diagnose and treat disorders of the human body. These instruments are broadly categorized into diagnostic, imaging, and therapeutic tools. One of the most pivotal imaging instruments is the ultrasonic scan instrument, which plays a critical role in modern medical diagnostics. Categories of Medical Technological […]
Zynext Ventures USA LLC, the venture capital arm of Zydus Lifesciences, has made a significant investment in Promaxo Inc., a leading developer of portable low-field MRI systems and minimally invasive robotics based in the U.S. This strategic partnership aims to advance healthcare innovation, particularly in the field of prostate cancer diagnosis and treatment. Promaxo’s groundbreaking […]
In a major strategic move, Becton, Dickinson and Company (NYSE: BDX), widely known as BD, has entered into a definitive agreement to acquire the Critical Care product group from Edwards Lifesciences (NYSE: EW) for $4.2 billion in cash. This acquisition is poised to significantly bolster BD’s offerings in smart connected care solutions, leveraging Critical Care’s […]
Roche and Hitachi High-Tech have announced a significant extension of their partnership, solidifying at least another decade of collaboration in the field of in-vitro diagnostics. This renewal builds on a long-standing relationship that has consistently delivered groundbreaking medical technologies and innovations. Decades of Collaborative Success in Diagnostics Since their initial collaboration in 1978, Roche and […]