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Diagnostics & Healthcare News

GE Healthcare Secretly Files for IPO

GE Healthcare reportedly filed confidentially for an initial public offering as it readies a spinout of its GE Healthcare business. The Boston-based industrial giant tapped Goldman Sachs, Bank of America, Citigroup, JPMorgan Chase and Morgan Stanley for help with the...

December 19, 2018

Orthopedics and Spine

Smith & Nephew Buys Ceterix Orthopedics for up to $105M

Smith & Nephew, the global medical technology business, today announces that it has agreed to acquire Ceterix® Orthopaedics, Inc, the developer of the NovoStitch® Pro Meniscal Repair System. This unique device addresses complex meniscal tear patterns not adequately served by other repair systems. It...

December 18, 2018

Surgery and Surgical Robotics

ConMed Spending $365M on Buffalo Filter’s Surgical Technology

CONMED Corporation today announced a definitive agreement to acquire privately-held Buffalo Filter LLC (Buffalo Filter) for $365 million on a cash-free, debt-free basis. The transaction is expected to be financed through a combination of new convertible notes and an expanded and...

December 17, 2018

Orthopedics and Spine

PeekMed Receives FDA 510(k) Clearance for Orthopedic Planning System

PeekMed® reached 510(k) clearance for its orthopedic planning system, from the U.S. Food and Drug Administration (FDA), after regulatory approval in the European Union, and successfully working with more than 1100 surgeons. Developing a product in the medical field is highly demanding when it comes...

December 14, 2018

Orthopedics and Spine

Nexxt Spine Receives 510(k) for Posterior Cervical Spine System

Nexxt Spine has received FDA 510(k) clearance and has commercially launched its Saxxony Posterior Cervical Thoracic System. The system is designed to stabilize cervical (C1 to C7) and thoracic (T1 to T3) spinal segments through posterior screw fixation. “The Saxxony...

December 11, 2018

Diagnostics & Healthcare News

Itamar Medical Reports Record Third Quarter Results

Itamar Medical, a company that develops, manufactures, and markets non-invasive diagnostic medical devices for sleep apnea with a focus on the cardiology market, today reported financial results for the third quarter of 2018. “We are pleased with the solid increase...

November 28, 2018

Diagnostics & Healthcare News

FDA Releases Plan to Modernize the 510(k) Pathway

The FDA today released plans for updating its 510(k) clearance pathway, including a push to move away from using predicate devices over 10 years old and the creation of a new alternative 510(k) pathway that will allow approval based on...

November 27, 2018

Diagnostics & Healthcare News

Boston Scientific to Acquire BTG for $4.2 Billion

Boston Scientific today announced it has reached an agreement on the terms of a recommended offer to acquire BTG plc., a company headquartered in the United Kingdom, which develops and commercializes products used in minimally-invasive procedures targeting cancer and vascular diseases,...

November 20, 2018

Diagnostics & Healthcare News

Boston Scientific to Restructure, Expects $200M in Cut Costs

Boston Scientific said yesterday that it’s planning a three-year restructuring program that’s slated to cost at least $200 million. The Marlborough, Mass.-based medical device maker said it expects to maintain roughly the same number of workers, although there will be...

November 16, 2018