Teijin Nakashima Medical Co. announced that it has agreed to acquire the orthopedic business, principally spine fixation devices and spine cages of Century Medical, Inc. Opening a new window, an importer and distributer of medical devices in Japan. The sale will be completed in early January 2018. Teijin has been expanding its commercial involvement with implantable medical devices, including by …

Advanced Medical Solutions Group announced the two companies have entered into an out-licensing agreement on a U.S. patent (“Patent”) for a collagen-based wound dressing containing Polyhexamethylene Biguanide (“PHMB”) (“Licensed Product”). Under the terms of the agreement, Organogenesis has been granted an exclusive license in the United States to the Patent.  In exchange for this, AMS will receive a minimum payment …

Nexeon MedSystems Inc announced its completion of an initial series of clinical studies evaluating the utilization of transcutaneous auricular vagus nerve stimulation (aVNS) for the relief of paroxysmal atrial fibrillation.  The Company was previously awarded a €3.4M research grant in relation to this study from the Walloon Region government of Belgium in coordination with the region’s health competitiveness cluster BioWin. …

Today, GS Solutions Inc. announced the full launch of the AnyPlus® Direct Lateral Interbody Fusion (DLIF) System after three months of an alpha launch period, and the Anterior and Posterior Disc Prep Sets. Following strong sales growth of 32% in Q2 2017 versus the prior quarter, the GSM leadership team expects continued, positive growth for Q4 2017 and FY2018, supported …

Stryker Corporation announced that it has acquired control of VEXIM, a French medical device company listed on the Euronext Growth stock exchange in France. VEXIM, headquartered in Balma, France, specializes in the development and sale of vertebral compression fracture (VCF) solutions. The company’s flagship product is the SpineJack® system, a mechanical expandable VCF implant for fracture reduction and stabilization. The …

Invacare Corporation expanded its healthcare informatics offering via the launch of the enhanced Invacare® Platinum® Mobile Oxygen Concentrator with Connectivity. This is the company’s second application of healthcare informatics following the launch of LiNX® technology on its new Invacare® TDX® SP2 power wheelchair in August 2017. With the launch of the Platinum Mobile Oxygen Concentrator with Connectivity, the company is …

Braunschweig Municipal Hospital and Siemens Healthineers are breaking new ground together by delivering high quality patient care enabled through an innovative medical technology partnership. Together, they have entered into a long-term Asset Management Services (AMS) contract. Braunschweig Municipal Hospital is one of the largest hospitals in northern Germany, with 1,499 beds and 38 clinics and institutes. Siemens Healthineers will assume …

Hospice Source announced that it has purchased certain assets of Specialized Medical Services and Premier Medical Corporation in the markets of East Tennessee, New Mexico, and Houston, Texas. This acquisition expands Hospice Source’s geographical footprint into two additional states, expanding its coverage both in the Western and Southeastern U.S. regions. Jeff West, Hospice Source CEO states, “We are tremendously excited …

Cerveau Technologies, Inc. announced a license and supply agreement with AbbVie for use of [F-18]MK-6240, an investigational imaging agent to be used in Positron Emission Tomography (PET) scans for assessing the status and progression of neurofibrillary tangles (NFTs) in the brain. NFTs made up of aggregated tau protein are a hallmark of several neurodegenerative diseases, including Alzheimer’s disease. The relationship …

Johnson & Johnson Medical GmbH announced a definitive agreement to acquire German software company, Surgical Process Institute (SPI), a leading specialist for the standardization and digitalization of surgical workflows in the operating theatre. SPI provides innovative software solutions designed to improve patient outcomes and operating room efficiency by reducing variability in surgical procedures. This acquisition underscores Johnson & Johnson Medical …