Cardinal Health announced that it has entered into a definitive agreement to acquire Medtronic’s Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses for $6.1 billion in cash. The purchase price does not include cash tax benefits of at least $100 million. The acquisition is expected to be financed with a combination of $4.5 billion in new senior unsecured notes …

After nearly a decade of research and development, BIOTRONIK announced the launch of Plexa ProMRI®, the smallest (7.8F) MR conditional tachycardia lead available in the United States. The US Food and Drug Administration (FDA) approved Plexa ProMRI on February 1, 2017 for use with implantable cardioverter defibrillators (ICDs) and heart failure devices. The lead’s performance-driven, high-voltage wire design maximizes durability …

Cardiovascular Systems, announced it has initiated a voluntary recall of its 7-10014 Saline Infusion Pump. CSI initiated a customer communication of the recall by letter and informed customers that they may continue to use the affected Saline Infusion Pumps until they receive a replacement. The Saline Infusion Pumps provide saline and lubricant infusion during orbital atherectomy procedures and electrical power …

Boston Scientific Corporation announced a definitive agreement to acquire Symetis SA, a privately-held Swiss structural heart company focused on minimally-invasive transcatheter aortic valve implantation (TAVI) devices, for $435 million in up-front cash. The Symetis portfolio includes the ACURATE TA™ and ACURATE neo/TF valve* systems for use in the treatment of high-risk patients suffering from severe and symptomatic aortic valve stenosis, …

Select Medical Corporation announced a joint venture agreement with Riverside Health System to operate a long-term acute care hospital and an acute inpatient rehabilitation hospital in Newport News, Virginia.  The agreement also includes the future construction of a new freestanding inpatient rehabilitation hospital in the region. We are honored to partner with Eastern Virginia’s flagship medical system to ensure its …

Bodycad announced that it has received U.S. Food and Drug Administration (FDA) 510(k) clearance for its Bodycad Unicompartmental Knee System, enabling the commercial launch of this truly personalized orthopaedic restoration. Bodycad is the first Canadian company to receive FDA clearance for a joint reconstruction implant system. Bodycad’s revolutionary Unicompartmental Knee System is designed to optimize personalized restoration of the patient’s …

neoSurgical, LTD. is pleased to report the execution of an exclusive distribution agreement with a global partner for the commercialization of neoClose® within Europe. The partner is a world leader in laparoscopic surgery with an extensive product portfolio available worldwide. This agreement anticipates initial product launch in Europe in May 2017. Ronan Keating, neoSurgical’s CTO, stated, “This agreement is an …

Bracco Diagnostics Inc. announced the launch of its PROTOCO2L TOUCH Colon Insufflator. This device is used to inflate the colon with CO2 in patients who undergo Computed Tomography (CT) Colonography (CTC) for the detection of colon cancer. In the U.S., colon cancer is a leading cause of cancer related deaths. It is recommended that people age 50 and older be …

Northwell Health’s Peconic Bay Medical Center received approval from New York State Health Commissioner Howard Zucker, MD, to establish two laboratory cardiac catheterization and electrophysiology suites, and construct a rooftop helipad. The new “cath labs” will be the first facilities of their kind on the East End, and they have the potential to save hundreds of lives each year. They …

Patients in need of MR imaging at South County Orthopedic Specialists can look forward to high-quality images and an enhanced experience with the recent installation of Toshiba Medical’s VantageTM Elan 1.5T system. The full-service orthopedic care facility in Laguna Woods, Calif. now offers state-of-the-art MR exams that are fast and comfortable thanks to the system’s advanced features that prioritize both …