medical device guru

Diagnostics & Healthcare News

Itamar Medical Acquires Technology and Assets of Spry Health

Enables Itamar to leverage Spry’s existing FDA-cleared technology to bring to market the first device for continuous remote patient monitoring (RPM) of sleep apnea Adds the capability to monitor the longer-term accumulated disease burden of sleep apnea to complement the...

January 12, 2021

Diagnostics & Healthcare News

Hologic to Makes Second Major Acquisition of 2021, Acquires Biotheranostics for $230M

Hologic, Inc. (Nasdaq: HOLX), a global leader in women’s health, announced today that it has agreed to acquire Biotheranostics, Inc., a privately held, commercial-stage company that provides molecular diagnostic tests for breast and metastatic cancers, for approximately $230 million, subject...

January 6, 2021

Diagnostics & Healthcare News

Philips to Acquire BioTelemetry in $2.8B Deal

BioTelemetry, Inc., the leading remote medical technology company focused on the delivery of health information to improve quality of life and reduce cost of care, today announced that they have entered into a definitive merger agreement with Royal Philips (NYSE:...

December 31, 2020

Diagnostics & Healthcare News

Olympus Buys Veran Technologies for $340M

Olympus Corporation today announced that it has entered into an agreement to acquire Veran Medical Technologies, Inc. (VMT), a leading provider of advanced medical devices specializing in interventional pulmonology, for up to USD 340 million. The acquisition will be implemented through...

December 7, 2020

Diagnostics & Healthcare News

Freudenberg Medical Opens New Global Headquarters and Facility Expansion in Massachusetts

Freudenberg Medical, member of the Freudenberg Group and a global developer and manufacturer of specialty components and finished devices for the medical device industry, has completed construction of a new medical manufacturing operation in Beverly, Massachusetts. Freudenberg Medical has established the facility...

November 10, 2020

Diagnostics & Healthcare News

Itamar Medical Wins National Sleep Foundation 2020 SleepTech Award

The National Sleep Foundation (NSF) named Itamar Medical Ltd. (NASDAQ and TASE: ITMR) winner of the 2020 SleepTech Award. The SleepTech Award recognizes the year’s most innovative efforts in advancing sleep technology. Itamar Medical is a technology company focused on the...

November 6, 2020

Diagnostics & Healthcare News

Prostate Cancer Protection Company BioProtect Raises $25M

BioProtect ltd., a private company with a unique bioabsorbable polymer spacer balloon platform, announced the final closing of $25 million of its Series D equity financing from an unnamed strategic investor and Peregrine Ventures. Every year, more than 1.1 million men are...

September 23, 2020

Diagnostics & Healthcare News

Fitbit Wins FDA 510(k) Clearance and CE Mark for ECG App

Fitbit has received 510(k) clearance from the U.S. Food and Drug Administration (FDA), as well as Conformité Européenne (CE)marking in the European Union, for its electrocardiogram (ECG) app to assess heart rhythm for atrial fibrillation (AFib), a condition that affects more than...

September 14, 2020

Diagnostics & Healthcare News

AdvaMed Commends Proposed CMS Rule to Cover “Breakthrough” Medical Devices

Following today’s issuance by the Centers for Medicare and Medicaid Services (CMS) of a proposed rule on Medicare coverage of innovative technologies, the Advanced Medical Technology Association (AdvaMed) issued the following statements from President and CEO Scott Whitaker and other...

September 1, 2020