Tag: medtech

Agilent Technologies has announced a definitive agreement to acquire Proscia, a prominent provider of digital pathology software solutions, in a strategic move designed to bolster Agilent’s position in the rapidly evolving clinical diagnostics and life sciences markets. The acquisition marks a significant milestone in Agilent’s long-term strategy to integrate artificial intelligence (AI) and cloud-based workflows…

Orthofix Medical, a leading global spine and orthopedics company based in Lewisville, Texas, has officially disclosed that it has paid approximately $24 million in damages and settlements to three former C-suite executives who were abruptly terminated in late 2023. The revelation, contained in the company’s recent 10-Q filing with the Securities and Exchange Commission (SEC),…

Siemens Healthineers has announced a fundamental transformation of its ultrasound business unit, marking a definitive departure from the broad-market general imaging sector to focus exclusively on high-growth, specialized cardiovascular applications. This strategic pivot involves the discontinuation of several well-established product lines, including the Acuson Sequoia, Redwood, Juniper, and Maple systems, as the German medical technology…

Laboratory Corporation of America Holdings, commonly known as Labcorp, has officially announced a definitive agreement to acquire significant portions of BioReference Health’s clinical diagnostics business. This strategic acquisition focuses specifically on the firm’s laboratory testing assets in women’s health and reproductive health, along with its specialized 4Kscore prostate cancer test. The deal represents a calculated…

EndoQuest Robotics, a developer of innovative endoluminal robotic technologies, has announced the appointment of Jared Eben as Chief Commercial Officer, a strategic move designed to accelerate the company’s transition from a clinical-stage entity to a commercial powerhouse. Eben joins the organization at a pivotal moment as it prepares for the anticipated 2025 United States market…

The American Medical Association (AMA) has unveiled a strategic framework designed to govern the integration of agentic artificial intelligence (AI) within clinical environments, signaling a pivotal shift in how the medical establishment views autonomous technology. As healthcare systems move beyond simple generative tools toward sophisticated "agents" capable of executing multi-step clinical tasks without constant human…

The Food and Drug Administration and Edwards Lifesciences have initiated a targeted recall of specific lots of the Commander M delivery systems, a critical component used in the deployment of the company’s Sapien M3 transcatheter mitral valve replacement (TMVR) system. This regulatory action affects four distinct lots of the delivery system, totaling fewer than 200…

The medical technology landscape underwent a significant structural shift on Thursday as MiniMed officially completed its separation from Medtronic, marking the conclusion of a multi-stage divestiture process that transforms the diabetes specialist into a fully independent, publicly traded entity. The finalization of the split follows a highly successful exchange offer that saw overwhelming investor demand,…

Zimmer Biomet Holdings, Inc., a global leader in medical technology and musculoskeletal healthcare, has formally announced the extension of its exclusive distribution agreement with Think Surgical, Inc., a pioneer in the development of miniature handheld robotic systems for orthopedic surgery. This multi-year extension ensures that Zimmer Biomet remains the sole distributor of a specialized version…

In a development that could fundamentally alter the management of Type 2 diabetes for millions of Americans, a landmark study published in the New England Journal of Medicine has provided robust clinical evidence supporting the use of continuous glucose monitoring (CGM) systems for patients who do not require insulin. The study, known as the CONNECT…