U.S. drugstore chain operator CVS Health Corp (CVS.N) said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc (AET.N) for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies. This year’s largest corporate acquisition will combine one of the nation’s largest pharmacy benefits managers (PBMs) and pharmacy operators with one of its …

Medline completed the acquisition of Centurion Medical Products announced last month. In addition to being a market leader in minor procedure trays, Centurion manufactures an innovative portfolio of vascular insertion trays and best-in-class securement dressings that complement the Medline ERASE BSI solution. Centurion will continue to operate as a subsidiary of Medline. Centurion’s best known products include SorbaView SHIELD Securement …

Camber Spine announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market its SPIRA-C Open Matrix Cervical Interbody device, an innovative interbody fusion implant, second in the SPIRA family to employ a novel arched design as well as Surface by Design technology.  This clearance marks Camber’s second implant clearance in the SPIRA™ family …

ImpediMed Limited announced the launch of its new SOZO product, which received 510(k) clearance from the U.S. Food and Drug Administration (FDA) this summer. SOZO readings, using bioimpedance spectroscopy (BIS) and L-Dex technology by ImpediMed, are a non-invasive and sensitive method to aid in the clinical assessment and early detection of lymphedema of the limb. Lymphedema is the build-up of …

Jeffrey and Susan Brotman and Pam and Dan Baty have made a $50 million gift to create the Brotman Baty Institute for Precision Medicine that combines the research strengths and capabilities of UW Medicine, Fred Hutchinson Cancer Research Center and Seattle Children’s. This gift is, in part, a legacy: Jeff Brotman, Costco co-founder and long-time business leader, died Aug. 1, 2017. Precision medicine is an approach to research …

Check-Cap Ltd. announced it has entered the next phase of its manufacturing collaboration with GE Healthcare.  The new phase involves GE final assembly, packaging and shipping of C-Scan capsules initially to support the Company’s US pilot trial expected in 1H2018. Check-Cap will supply GE with supporting calibration and final assembly methodology and equipment. Bill Densel, CEO of Check-cap commented, “We …

Sekisui Diagnostics and Mesa Biotech Inc. announce a strategic alliance, to distribute the Mesa Biotech POC molecular system for Flu A/Flu B. Sekisui Diagnostics will assume exclusive distribution of the Mesa Biotech POC system in the U.S. and Canada, pending FDA clearance. The Mesa Biotech molecular dock and test cassette system provides physicians with rapid infectious disease diagnosis at the …

Concordia Care announces the agreement to acquire Atlantic Imaging Group (Atlantic), a quality nationwide Diagnostic Testing Network with contracted radiology facilities in 48 states. The combination of Atlantic’s long history of serving the workers’ compensation and no-fault auto accident sector, combined with Concordia’s “risk carve-out” programs for catastrophic, complex and large loss cases is compelling. The integration of Atlantic’s operational …

Iggbo and DNA Diagnostics Center (DDC) have announced a strategic partnership to empower consumers with valuable information contained in their own DNA. Since 1995, DDC has handled over 10 million DNA samples from 168 countries, offering tests for paternity, immigration, and other family relationships; ancestry; health and beauty; forensics, and genetic traits of animals. Leveraging Iggbo’s technology, DDC can now …

CryoLife announced that it has completed its previously announced acquisition of JOTEC AG, a German-based, privately-held developer of technologically differentiated endovascular stent grafts, and cardiac and vascular surgical grafts, focused on aortic repair.