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Diagnostics & Healthcare News

Merit Medical to acquire Cianna Medical for up to $200M

Merit Medical said this week that it agreed to acquire Cianna Medical and its breast cancer localization and guidance devices for up to $200 million. Aliso Viejo, Calif.-based Cianna makes the Savi Scout wire-free breast tumor localization system, designed to produce audible and visual...

October 5, 2018

Diagnostics & Healthcare News

Former Orlando Health Surgeon Files $100M Defamation Lawsuit Against the Health System 

A former plastic surgeon at Orlando Health has filed a $100 million defamation lawsuit against the health system, alleging that the hospital fired him without cause and made false statements about him, portraying him as “mentally and emotionally unstable.” In the lawsuit,...

September 12, 2018

Diagnostics & Healthcare News

Robotic Ducks to Comfort Children in Hospitals

Aflac’s robotic therapy ducks have started waddling their way to children’s cancer hospitals nationwide after making their debut at CES earlier this year. The company is distributing the robotic waterfowl through a series of events as part of its activities for National Childhood...

September 7, 2018

Diagnostics & Healthcare News

Boston Scientific to acquire Augmenix for up to $600M

Boston Scientific said yesterday that it put $600 million on the table for Augmenix and its SpaceOar device. The deal for Bedford, Mass.-based Augmenix calls for $500 million in up-front cash and another $100 million pegged to sales-based milestones, Boston said....

September 7, 2018

Diagnostics & Healthcare News

FDA grants Breakthrough Device status for Dthera’s Alzheimer’s Treatment

Dthera™ Sciences, the leading digital therapeutic company focusing on the elderly and individuals with neurodegenerative diseases, announced today that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Device designation to the Company’s development-stage product, DTHR-ALZ. DTHR-ALZ, if granted...

August 24, 2018

Diagnostics & Healthcare News

Exact Sciences Signs Partnership with Pfizer to Market Cologuard Tests

Sales representatives of Pfizer Inc., the world’s largest pharmaceutical company, will join Exact Sciences Corp.’s sales representatives in selling the company’s non-invasive screening test for colorectal cancer to physicians and health systems under an agreement announced Wednesday. Pfizer will make...

August 23, 2018

Diagnostics & Healthcare News

FDA Clears Brainsway TMS System to Treat OCD

On Friday, the FDA said it granted de novo approval for Brainsway‘s deep transcranial magnetic stimulation system, now indicated for treating obsessive compulsive disorder. The TMS system uses magnetic fields to simulate nerves in the brain, and has been shown to...

August 20, 2018

Diagnostics & Healthcare News

First Non-Radioactive Device for Breast Cancer Receives FDA Approval

Endomag, the surgical guidance company, announced that it has received premarket approval (PMA) from the U.S. Food and Drug Administration (FDA) for Magtrace, the first non-radioactive, dual-tracer for lymphatic mapping in patients with breast cancer undergoing a mastectomy. Magtrace is...

August 3, 2018

Diagnostics & Healthcare News

IBM’s Watson Recommended “Unsafe and Incorrect” Cancer Treatments

Last year, studies presented at the American Society of Clinical Oncology’s annual meeting showed that IBM Watson was pretty darn good at creating treatment plans for cancer patients. Turns out, however, that the AI is still far from perfect: according to internal...

July 30, 2018