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12 New Articles
  • August 12, 2018 Houston Methodist Opens New State-Of-The-Art Patient Tower In Texas Medical Center
  • August 12, 2018 MiMedx Receives Regulatory Approval to Commercialize Product Portfolio in Australia
  • August 12, 2018 NuVasive and Siemens Healthineers partner to transform spine surgery
  • August 9, 2018 Boston Scientific Announces Agreement to Acquire VENITI, Inc.
  • July 29, 2018 CHA-Hollywood Presbyterian Medical Center at the Forefront of Robotic Surgical Technology
  • July 29, 2018 Abbott Begins U.S. Pivotal Trial for the Tendyne Mitral Valve Replacement System to Treat Patients with Heart Valve Disease
  • July 29, 2018 Welltower And ProMedica Complete Acquisition Of Quality Care Properties And HCR ManorCare For $4.4 Billion
  • July 25, 2018 Perflow Medical Announces the First Clinical Use of the Cascade Dynamic Non-Occlusive Remodeling Net
  • July 25, 2018 FDA approves the first nanotechnology Peek device for spinal interbody fusion
  • July 25, 2018 Ibex Medical Analytics and UPMC Join Forces for Advancing AI-based Prostate Cancer Diagnostics
  • July 25, 2018 PGDx elio Plasma Resolve Receives Breakthrough Device Designation from FDA
  • July 24, 2018 Karmanos Expands Cancer Network with Newest Location at McLaren Oakland

Monthly Archives: July 2017

Cardinal Health Completes Acquisition of Medtronic’s Patient Recovery Business

By Healthcare Review
July 30, 2017
in :  News, North America

Cardinal Health announced that it has completed the acquisition of Medtronic’s Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency business for $6.1 billion. The acquisition was funded with a combination of $4.5 billion in new senior unsecured notes, existing cash and borrowings under our existing credit arrangements. “This business provides our customers with more product offerings and includes some well-established …

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bioMérieux Receives FDA Clearance for Expanded Pathogen Identification Capability on VITEK® MS

By Healthcare Review
July 30, 2017
in :  Europe, News

bioMérieux, a world leader in the field of in vitro diagnostics announced that VITEK® MS, its MALDI-TOF1 Mass Spectrometry System for rapid pathogen identification, has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the expanded identification of mycobacteria, Nocardia and moulds. This database includes more than 15,000 distinct strains to provide extremely high accuracy and, for …

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Bracco Diagnostics Inc. Receives U.S. FDA Approval for VARIBAR® NECTAR (barium sulfate) Oral Suspension

By Healthcare Review
July 28, 2017
in :  News, North America

Bracco Diagnostics Inc. announced the U.S. Food and Drug Administration (FDA) approved VARIBAR NECTAR (barium sulfate) oral suspension for use in modified barium swallow (MBS) examinations to evaluate the oral and pharyngeal function and morphology in adult and pediatric patients with known or suspected swallowing disorders. Trouble with swallowing is a frequent cause of morbidity and disability in all age …

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Cardinal Health announced that it has completed the acquisition of Medtronic’s Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency business for $6.1 billion. The acquisition was funded with a combination of $4.5 billion in new senior unsecured notes, existing cash and borrowings under our existing credit arrangements. “This business provides our customers with more product offerings and includes some well-established brands that fit naturally within our portfolio and are complementary to our current medical products business. We know these products and many of the employees well, and have seen that our team members share a common commitment to quality, customer service and the patients who we all ultimately serve,” said George Barrett, chairman and CEO of Cardinal Health. “We are extremely excited about welcoming our new colleagues from around the world to Cardinal Health.” The Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency business encompasses 23 product categories across multiple market sites of care, including numerous industry-leading brands, such as Curity, Kendall, Dover, Argyle and Kangaroo – brands used in nearly every U.S. hospital. The company also previously announced that it expects the acquisition to be accretive to non-GAAP¹ diluted earnings per share from continuing operations by more than $0.21 per share in fiscal 2018, net of incremental annual financing-related interest expense, and includes up to $100 million of inventory step-up costs during the first few quarters following closing. As previously disclosed, the company still expects the acquisition to be accretive to non-GAAP diluted earnings per share by more than $0.55 per share in fiscal 2019, and increasingly accretive thereafter. By the end of fiscal 2020, the company assumes synergies will exceed $150 million. The Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency business will become part of Cardinal Health’s Medical segment, which is led by Don Casey, the segment’s chief executive officer. Integration efforts are off to a successful start and it is expected that all integration work and transitions will be completed over the next 18 months. Goldman, Sachs & Co. and Perella Weinberg Partners LP served as Cardinal Health’s financial advisors on this transaction, and Skadden, Arps, Slate, Meagher & Flom LLP and Jones Day served as its legal advisors.

By Healthcare Review
July 28, 2017
in :  Europe, News

TTP plc announces that they have established a non-exclusive partnership to offer services to molecular diagnostic technology developers. The new offering will include comprehensive product development services that span instrumentation, consumables and reagents. The partnership is focused on supporting customers in the molecular diagnostic and wider life science space to rapidly transition ideas into commercially successful products. The services will …

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Agfa HealthCare Receives FDA 510(k) Clearance for Advanced Clinical Applications on XERO Universal Viewer

By Healthcare Review
July 27, 2017
in :  News, North America

Agfa HealthCare announces that it has received FDA 510(k) clearance for the XERO Xtend functionalities of the Enterprise Imaging zero-footprint viewer. XERO Xtend adds 3D processing and advanced clinical applications to the XERO Viewer. It is now FDA-cleared for diagnostic viewing on desktop devices.1 The release data for 510K cleared XERO Xtend will be communicated by Agfa HealthCare’s regional sales …

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Beckman Coulter Diagnostics Introduces DxONE™ Clinical Information Management Tools

By Healthcare Review
July 27, 2017
in :  News, North America

Beckman Coulter Diagnostics introduces its DxONE information management solutions, an integrated system of technologies and capabilities, designed to ease data access and usability. DxONE is designed in response to the increasing challenges faced by laboratory technicians to expedite result times, reduce costs, maneuver personnel shortages and navigate network consolidations. The suite of next-generation technologies applies cloud-computing to provide remote-access functionality …

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Roche launches the AVENIO Millisect System for precise and efficient dissection of tissue biopsies

By Healthcare Review
July 26, 2017
in :  News, North America

Roche announced the commercial availability of the AVENIO Millisect System, a tissue dissection instrument that utilizes an automated digitally assisted process to reliably and efficiently isolate clinically relevant cells from formalin-fixed paraffin-embedded (FFPE) tissue slides. The AVENIO Millisect System addresses challenges inherent in today’s tissue dissection practice in the clinical lab workspace where manual dissection lacks consistency and precision, and …

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Blue Earth Diagnostics Appoints M2i to Manufacture and Distribute Axumin™ in Ireland

By Healthcare Review
July 26, 2017
in :  Europe, News

Blue Earth Diagnostics announced that they have entered into an exclusive manufacturing and distribution agreement for the supply of Blue Earth Diagnostics’ PET imaging product Axumin™ (fluciclovine (18F)) in Ireland. M2i, through their Dublin PET manufacturing site, will bring Axumin to market in the Republic of Ireland and in Northern Ireland. Axumin is indicated in Europe for use in PET …

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Roxwood Medical Announces Agreement with Abbott for Distribution of Products in U.S.

By Healthcare Review
July 25, 2017
in :  News, North America

Roxwood Medical Inc. announced it has entered into an exclusive agreement with Abbott for distribution of Roxwood products in the United States. “This partnership with Abbott’s vascular business is a major milestone for Roxwood that allows far more patients to benefit from our catheter portfolio used during complex coronary procedures,” said Mehrdad Farhangnia, chief executive officer, Roxwood Medical. “We have …

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Vertera Spine Announces FDA Clearance of COALESCE™ porous PEEK Lumbar Interbody Fusion Device

By Healthcare Review
July 25, 2017
in :  Asia, News, North America

Vertera Spine announced the COALESCE™ Lumbar Interbody Fusion Device has received U.S. Food and Drug Administration (FDA) 510(k) clearance for use in anterior, transforaminal, posterior, and lateral lumbar interbody fusion procedures. COALESCE features Vertera Spine’s novel proprietary porous PEEK biomaterial and is the second porous PEEK device to receive FDA clearance behind Vertera Spine’s COHERE® Cervical Interbody Fusion Device. Vertera …

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Recent Posts

  • Houston Methodist Opens New State-Of-The-Art Patient Tower In Texas Medical Center
  • MiMedx Receives Regulatory Approval to Commercialize Product Portfolio in Australia
  • NuVasive and Siemens Healthineers partner to transform spine surgery
  • Boston Scientific Announces Agreement to Acquire VENITI, Inc.
  • CHA-Hollywood Presbyterian Medical Center at the Forefront of Robotic Surgical Technology

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