Business news 2008
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Medtronic acquires remaining shares of CryoCath Technologies Inc.
31 December 2008

Medtronic acquires Influent Medical's Repose product line
Medtronic, Inc. has acquired InfluENT Medical's Repose GAHM product line for the treatment of obstructive sleep apnea. 31 December 2008

St Jude Medical acquires MediGuide
St Jude Medical, Inc. has acquired all of the outstanding shares of MediGuide Inc., including the 41.3% interest owned by Elbit Systems Ltd., for $283 million in cash. 31 December 2008

St Jude Medical acquires Radi Medical Systems
St Jude Medical, Inc (NYSE: STJ) has completed the acquisition of  Radi Medical Systems AB for $250 million in cash. 31 December 2008

U-Systems, Inc. announces technology licensing agreement with Siemens Healthcare
The U-Systems’ somo•VIEWer advanced workstation for Automated Breast Ultrasound has been licensed for use with the newly introduced Siemens’ ACUSON S2000 Automated Breast Volume Scanner (ABVS). 31 December 2008

Nihon Kohden acquires Neurotronics
Japanese company Nihon Kohden Corporation has announced the mutual agreement of acquisition of a 100% share of Florida-based Neurotronics Incorporated. 31 December 2008

Olympus enters into sales and distribution partnership with Advanced Surgical Concepts
Olympus has signed an exclusive agreement to distribute the minimally invasive surgery products of Irish company Advanced Surgical Concepts worldwide. 22 December 2008

Siemens to integrate laboratory and clinical systems at Hospital Clinic Barcelona
Siemens Healthcare has signed an agreement with Hospital Clinic in Barcelona, Spain, to integrate the use of laboratory diagnostics, imaging and information technology systems to improve management of patient care from early detection and diagnosis of diseases or conditions to patient treatment. 22 December 2008

Hidalgo physiological monitoring system gains CE approval
Produced by Jaltek Systems Equivital is an ambulatory, wearable, high performance physiological system providing continuous real-time visibility of an individual’s vital signs. 19 December 2008

St Jude Medical announces name change for neuromodulation division
St Jude Medical, Inc. (NYSE:STJ) has announced that its neuromodulation division, formerly Advanced Neuromodulation Systems, has adopted the St Jude Medical name. 17 December 2008

Global life science businesses seeking UK partners in biotechnology
UK companies have an opportunity to meet and do business with international players in the life science industry at The Biotechnology Business Exchange (BBE) in London on Monday 8 December. 4 December 2008

Philips acquires Indian x-ray manufacturer in further expansion in emerging markets
This deal follows recent healthcare technology acquisitions in India, China and Brazil. 24 November 2008

Marillion Pharmaceuticals licenses Bracco Imaging's novel targetted prostate and breast cancer treatments
Bracco’s treatment for hormone-resistant prostate and advanced (metastatic) breast cancers has unique targeting capability that enables it to home in on tumour cells and spare normal tissues.  24 November 2008

PerkinElmer realigns business to focus on human and environmental health
PerkinElmer’s Human Health Business will be based on developing diagnostics, tools and applications to fight illness, provide better medical insight and more rapidly create critical new therapies. It will include the company’s Genetic Screening, Bio-discovery and Medical Imaging operating units. 24 November 2008

ArQule and Daiichi-Sankyo in strategic partnership to develop novel anti-cancer compounds. 24 November 2008

Cabernet Pharmaceuticals and Lilly in alliance to develop patient-tailored therapeutic drugs. 20 November 2008

Developer of revolutionary non-invasive blood glucose monitor moves to UK
US company Sensys Medical, the developer of  groundbreaking non-invasive blood glucose monitoring technology, has announced that it is relocating its world headquarters to the UK. The technology is set to revolutionise the way in which diabetics monitor and manage their condition. 20 November 2008

Ingen Technologies signs distribution agreement for oxygen flow meters in Saudi Arabia
Ingen Technologies, Inc. has signed a three-year exclusive distribution agreement with Batterjee Medical Services to distribute its Oxyview and OxyAlert respiratory assist products within the Kingdom of Saudi Arabia. 18 November 2008

Nanogen partners with Menarini to market molecular diagnostic kits in Europe
Under the agreement, Menarini will commercialize CE marked IVD infectious disease kits based on Nanogen’s proprietary MGB technology. 12 November 2008

Health Robotics announces contract for its CytoCare and IV Station robots with Arabian Health Care Supply Corporation
Italian company Health-Robotics has signed an exclusive 5-year strategic partnership with Arabian Health Care Supply Corporation (AHCSC-OLAYAN), the leading medical device provider within the Gulf Cooperation Council (GCC) countries. 11 November 2008

Kinaxo and Boehringer Ingelheim to collaborate in drug discovery
Kinaxo Biotechnologies GmbH, a spin-off of the Max Planck Institute of Biochemistry, has entered into a two-year collaboration with Boehringer Ingelheim to study drug mode of action and target identification. 9 November 2008

UK leads worldwide sales of Siemens Ysio digital radiography system
The Siemens Ysio product team in the UK has achieved the highest number of sales worldwide of the new digital radiography (DR) system with wireless detector. 9 November 2008

First transplantation of lungs using Steen solution carried out in North America
Swedish company Vitrolife has announced that lung transplantations using its Steen Solution technology have been carried out in North America as part of a study being carried out as a basis for the application for sales approval in the USA and Canada. 27 October 2008

IDEX Corporation acquires optical filter producer Semrock. 27 October 2008

Pfizer and UCB form new drug-discovery company with support of UK Technology Strategy Board. 27 October 2008

Philips adds Respironics to Moore microprocessor patent license. 27 October 2008

Active Implants enters UK distribution agreement with Joint Replacement Instrumentation. 27 October 2008

Medical device markets to ride out economic crisis
Medical technology markets are resilient in times of economic downturn, providing shelter for investors worrying about drops in other, more volatile industries, according to Millennium Research Group. 23 October 2008

iMDsoft wins clinical data management contract in Norway
iMDsoft and ErgoGroup have signed a framework agreement with Helse Sør-Øst RHF (South-Eastern Norway Regional Health Authority) to provide integrated clinical data management services to the Health Trusts and related hospitals in southeast Norway. The value of the project is estimated to be up to 29 million. 20 October 2008

GE Healthcare and Boston Scientific collaborate on cardiovascular imaging
GE Healthcare and Boston Scientific Corporation have announced a collaboration that enables improved intravascular ultrasound (IVUS) workflow between the GE Healthcare Innova Cardiovascular x-ray system and the Boston Scientific iLab ultrasound imaging system. 14 October 2008

Caprion awarded $12.9M US infectious disease biomarker research contract
Caprion Proteomics Inc. has been awarded a $12.9 million contract by the US National Institute of Allergy and Infectious Diseases (NIAID), for research into biomarkers with potential for clinical use against infection from diseases caused by biodefense pathogens. 14 October 2008 Francais

LIFE Biosystems to deploy TEMIS' clinical text analysis solution Luxid
LIFE Biosystems has entered into a strategic software and services agreement with TEMIS to use TEMIS' Luxid for Life Sciences solution to expedite the analysis of clinical and molecular data from diverse textual information sources. 14 October 2008 Francais Deutsch

VWR International acquires Omnilab AG
VWR International, LLC, a laboratory supply company, has announced that it has acquired Omnilab AG, a Swiss scientific laboratory supply distributor headquartered in Mettmenstetten near Zurich. 10 October 2008

bioMérieux to develop non-invasive test for prostate cancer
French in vitro diagnostics company bioMérieux has signed a license and development agreement with German biotechnology company ProteoSys for its novel prostate cancer marker Annexin 3, which will be used to develop a urine-based, confirmatory diagnostic test for prostate cancer. 2 October 2008 Francais

BSI launches new fast track program for medical device CE marking
Quality management systems registrar BSI has launched a new fast track program, called CE-45, that expedites the review process in which most reviews are completed in 45 working days for medical devices headed to the European markets. 29 September 2008

SunTech Medical blood pressure monitor chosen by GE for cardiac stress ECG systems
GE Healthcare will offer the SunTech Tango+ blood pressure monitor with its CASE cardiac assessment system for exercise testing and CardioSoft exercise stress testing. 18 September 2008 Deutsch Espanol Francais Italiano

Merck Serono and Ablynx in agreement to research and develop nanobodies
Merck Serono, a division of Merck KGaA, has entered into an agreement with Ablynx, to co-discover and co-develop Nanobodies against two targets in oncology and immunology. 17 September 2008

Agendia and Ferrer in sales agreement for cancer diagnostic services in European markets
Agendia BV and Ferrer inCode have announced an agreement that will give Ferrer exclusive rights to sell two of Agendia's signature cancer diagnostic services in Germany, France, Italy, and Portugal. 17 september 2008

Reliant Technologies and Philips partner to develop laser products for skin treatment
Reliant Technologies Inc., developer of the Fraxel laser systems, has announced an agreement with Philips to develop skin care technologies for use in the home. 21 August 2008

Bruker AXS to acquire microscopy company Surface Imaging Systems GmbH
Bruker AXS GmbH, a subsidiary of scientific equipment supplier Bruker Corporation, has signed an agreement to take over German atomic force microscope manufacturer SIS Surface Imaging Systems GmbH. 21 August 2008

St Jude Medical's HIFU cardiac ablation system gains EU and US approval
St Jude Medical has received European and US clearance for its Epicor LP cardiac ablation system that uses HIFU (high intensity focused ultrasound) to surgically ablate cardiac tissue to disrupt abnormal electrical impulses in the heart. 21 August 2008

Medtronic shows strong growth of 19%
Medtronic, Inc. (NYSE:MDT) has recorded a revenue of $3.706 billion for the first quarter of fiscal year 2009 (ended July 25, 2008), an increase of 19% over the same period last year. 21 August 2008

Lab21 to market deCODE genetic tests for  common diseases in UK
Cambridge company Lab21 Limited has entered into a partnership with Icelandic company deCODE genetics, to offer deCODE’s tests for predisposition to a growing number of common diseases. 13 August 2008

Covidien acquires CardioDigital patient monitoring technology
Covidien has announced the acquisition of technology assets from CardioDigital Inc, a company specialising in the development of advanced signal processing for patient monitoring. 13 August 2008

iSOFT wins €8.7m new business in Europe
iSOFT has announced that it has secured new business together with renewal of contracts worth €8.7 million in the UK and central Europe over the past month. 13 August 2008

NoemaLife acquires Ferrania UK
Italian-German healthcare software specialist NoemaLife SpA has taken over Ferrania UK Limited, the UK arm of Italian medical imaging and photographic product company Ferrania Technologies SpA. 11 August 2008

Cardiac Science reports revenue up 16%
Cardiac Science Corporation has announced revenue of $52.1 million for the quarter ended June 30, 2008, a 16% growth compared to the same period last year. 6 August 2008

CHAD Therapeutics receives FDA clearance for sleep diagnostic device
Dormio Tech, a division of CHAD Therapeutics, Inc. has received 510(K) clearance from the FDA to market its FloChannel Diagnostic System in the USA. It is Dormio's first product for the sleep disorder market. 6 August 2008

GE to acquire Vital Signs for US$860m
GE Healthcare is to take over medical device manufacturer Vital Signs, Inc. for approximately US$860 million. Vital Signs shareholders will receive $74.50 per share in cash for each share they own. 2 August 2008

SonoSite and GE resolve ultrasound patent lawsuit
SonoSite has announced that a lawsuit filed against it by GE has been resolved. Following the trial court’s summary judgment rulings on July 24, 2008 the parties agreed to dismiss the remaining claims. 2 August 2008

Roche boosts RNAi capability with acquisition of Mirus Bio Corporation
Roche is to take over RNA technology company Mirus Bio Corporation for US$125m. Mirus is a privately-owned company based in Madison, Wisconsin, USA, that focuses on the discovery and development of innovative nucleic acid based technologies, including a proprietary RNAi (ribonucleic acid interference) delivery platform. 1 August 2008

iCAD records revenue growth of 73%
Computer-aided cancer detection systems supplier iCAD, Inc. has announced announced record revenue of $10.5 million for the second, quarter of 2008 up 73% over last year. 1 August 2008

Abbott invests further US$20M in Ibis Biosciences' biosensor platform
The investment will allow Ibis to further develop the Ibis T5000 Biosensor System, which offers a unique solution for rapid identification and characterization of infectious agents, such as bacteria, viruses and fungi. 30 July 2008

Three Novalis Tx radiosurgery platforms ordered by Danish cancer hospital
Varian Medical Systems and BrainLAB AG have announced that one of Scandinavia’s leading cancer centres has ordered three Novalis Tx radiosurgery platforms which combine the most advanced technologies from both companies to offer superior non-invasive radiosurgery for patients. 30 July 2008

Osmetech receives FDA clearance for warfarin sensitivity test
Molecular diagnostics company Osmetech plc has received 510(k) clearance from the US Food & Drug Administration for its eSensor Warfarin sensitivity test to be used as an aid in the identification of patients at risk for increased sensitivity to the widely used blood-thinning drug, warfarin. 30 July 2008

Agfa HealthCare appoints new head of IT division
Agfa HealthCare has appointed Dr Volker Wetekam as its new Executive Vice President for its global HealthCare IT division. He moves from Siemens Medical Solutions and will be responsible for Agfa's imaging informatics and enterprise IT business, which covers PACS, cardiovascular, hospital and clinical information systems. 30 July 2008

Light Sciences Oncology raises $40 million financing
The company has raised $40.1 million in a Series C round of financing and plans to use the funds in the continued development of Light Infusion Therapy technology. 30 July 2008

Asahi Intecc and MediGuide collaborate on guide-wire technology for cardiology
Asahi Intecc and MediGuide have signed a collaboration agreement for the development and marketing of an innovative guide wire (G-Wire) using an integrated, sub-millimetre magnetic tracking sensor for the interventional cardiology market. 30 July 2008

GE restructures business
GE has restructured its operations into four divisions from six, with healthcare now joined with Aviation, Transportation and Enterprise Solutions in the GE Technology Infrastructure 'segment'. 29 July 2008

Rentschler focuses on biotechnology
Rentschler will invest another 14 million in the expansion of Rentschler Biotechnologie GmbH at its Laupheim, Germany site and has sold Rentschler Pharma to to Riemser Arzneimittel. 17 July 2008

Agfa HealthCare integrates OrthoView into IMPAX
Agfa HealthCare and Southampton, UK based Meridian Technique Ltd have signed an agreement to integrate Meridian's orthopaedic digital planning solution, OrthoView, into Agfa HealthCare's IMPAX for Orthopaedics solution. 17 July 2008

Varian ranked first in oncology IT vendors
Varian Medical Systems was ranked the leading supplier in its class in an independent study released by KLAS, a research firm that specialises in monitoring and reporting on the performance of healthcare vendors. 16 July 2008

BD gains EU approval for Clostridium difficile diagnostic test
BD Diagnostics has gained EU approval for its GeneOhm Cdiff molecular assay for the rapid diagnosis of patients with Clostridium difficile infection (CDI). The test combines high assay sensitivity with a rapid turnaround time of less than two hours. 16 July 2008

t+ Medical acquires Vivatec Ltd
Oxford-based telecare company t+ Medical has acquired preventative telecare supplier Vivatec Ltd. The purchase of Vivatec will allow t+ Medical to expand by offering an integrated patient monitoring solution covering medical devices, communication technology and nurse call centres. 16 July 2008

Allium Medical expands stent distribution in Europe
Allium Medical Group has signed exclusive distribution deals for both its ureteral and biliary stents with MenkeMed for the German and Austrian markets and Ecce Dutoit for the Belgian, Dutch and Luxemburgian (Benelux) markets. 14 July 2008

iSOFT wins Moscow lab system contract
IBA Health Group company iSOFT has won a contract for its LabCentre laboratory information system with Gemotest, a Moscow-based private laboratory group. 26 June 2008

Johnson & Johnson acquires Swedish in vitro diagnostic technology company Amic
Johnson & Johnson Nordic AB, a Johnson & Johnson company, has acquired Amic, a privately held Swedish developer of in vitro diagnostic technologies for use in point-of-care and near-patient settings. 19 June 2008

Philips and Skytron team up to provide hybrid operating rooms
Royal Philips Electronics and Skytron have entered into a partnership to supply hybrid operating rooms for minimally invasive cardiovascular surgical procedures, combining Philips’ cardiovascular x-ray systems with Skytron’s surgery room equipment. 19 June 2008

IHA to assess value of medical devices and improve use
The Integrated Healthcare Association (IHA) of California has been awarded a $1.3m grant to implement statewide collection of comparative data, evaluate purchasing and payment systems, and develop a new episode-based payment method for medical device purchasing. 6 June 2008

Medtronic awarded $250m in patent lawsuit against Boston Scientific
Medtronic, Inc. has been awarded $250 million in damages by a US District Court that found that Boston Scientific Corporation has infringed three patents on angioplasty catheters owned by Medtronic. 3 June 2008

GE Healthcare adds M*Modal's speech understanding technology to radiology reporting
GE Healthcare has announced a partnership agreement with M*Modal to integrate its advanced speech understanding solutions into GE's Centricity radiology information system reporting module. 21 May 2008

Sorin Group to use Greatbatch’s MRI-safe technology in cardiac devices
The Sorin Group has announced that it intends to use technology from Greatbatch Inc to accelerate its programme to make its cardiac rhythm management (CRM) systems MRI compatible. 21 May 2008

Australian Safety Agency orders Elekta Synergy for radiation calibration
The Australian Radiation Protection and Nuclear Safety Agency (ARPANSA) has ordered an Elekta linear accelerator for benchmarking physics measurements. 21 May 2008

Olympus Medical to market Spiration's pulmonary device in Europe
Olympus Medical Systems Corp. and Spiration, Inc. have signed an agreement granting Olympus exclusive marketing and distribution rights in 43 European countires for Spiration’s IBV Valve System. 21 May 2008

Touch Bionics acquires Livingskin
Scottish company Touch Bionics, developer of the i-Limb bionic hand, has acquired Livingskin, the company that produces the lifelike prosthetic skin that is already used to cover the hand. 18 May 2008

Bridgehead Consulting completes due diligence study for Tyrell Inc
Bridgehead International recently completed an independent due diligence study on Tyrell Inc. as part of a fundraising programme. Tyrell Inc. develops medical devices for the treatment of skin lesions. 18 May 2008

Sandvik acquires UK medical instrument company Eurocut
Sandvik Materials Technology has acquired UK medical technology company Eurocut Ltd, manufacturer of medical instruments and implants for the orthopaedic sector. 14 May 2008

GE to supply Merck with molecular imaging agent for respiratory drug development
GE Healthcare has signed a non-exclusive agreement with Merck & Co., Inc. to share Spin Signal Technology (SST) utilizing hyperpolarized Xenon 129 gas, a molecular imaging agent that can provide high speed, quantitative imaging of the lung using MRI. 14 May 2008

Siemens and LabCorp to co-develop clinical diagnostic tests
Siemens Healthcare and Laboratory Corporation of America Holdings (LabCorp) have announced that they are exploring possibilities to co-develop new clinical diagnostic tests in the areas of companion diagnostics, metabolic syndrome, oncology and diabetes. 12 May

Boston Scientific announces EU and US approval of new pacemakers
Boston Scientific Corporation has announced US Food and Drug Administration (FDA) and CE Mark approval of its Altrua family of pacemakers. 12 May 2008

Hospira acquires point-of-care technology company Sculptor
Hospira Inc. has acquired Sculptor Developmental Technologies, a producer of barcode systems for medicines management. 9 May

vision4health acquires Molis lab system from Sysmex
Swiss diagnostics software company vision4health has acquired the Molis laboratory information system division from the Japanese Sysmex Group.

Record demand for Varian's RapidArc radiotherapy treatment
Varian Medical Systems (NYSE: VAR) has announced it has received more than 60 orders for its new RapidArc radiotherapy product for faster image-guided intensity-modulated radiotherapy (IMRT). 29 April 2008

St Jude awarded patent for neurostimulation therapy for depression
St Jude Medical, Inc. has been awarded a US patent for treating depression using neurostimulation therapy in an area of the brain known as Brodmann Area 25. The company is also evaluating whether deep brain stimulation (DBS) therapy can help people who suffer from major depressive disorder. 29 April 2008

Survey of medical device company business processes and practices
FDAnews and Industry Directions Inc., in close association with research analysis partner Cambashi Ltd, are inviting medical device manufacturers to respond to a new survey on current industry challenges and practices. 29 April 2008

3mensio Medical Imaging receives EU approval for vascular imaging workstation. 11 April 2008

Varian acquires x-ray crystallography company Oxford Diffraction
Varian, Inc. has taken over UK company Oxford Diffraction Ltd, for about US$37m, strengthening its portfolio of information-rich detection products. 8 April 2008

TomTec announces cardiology PACS
TomTec Imaging Systems, a Munich-based producer of 3D/4D ultrasound and echocardiography information management systems, has announced it will launch a cardiology picture archiving and communication system (PACS) in 2008. 7 April 2008

Mindray receives US clearance for portable ultrasound system and analyzer
Mindray Medical International Limited has received US FDA clearance for its M5 laptop-sized ultrasound imaging system and BS-200 automatic bio-chemistry analyzer. 7 April 2008

Boston Scientific sells endovascular aortic repair business
In a further restructuring move, Boston Scientific Corporation has sold Boston Scientific Santa Rosa Corp to privately held TV2 Holding Company for $30m. 7 April 2008

CardioTech sells catheter business to Essel Propack
CardioTech International has sold its subsidiary Catheter and Disposables Technology subsidiary to Tacpro, Inc. for about US$1.2m. Tacpro, a subsidiary of Mumbai-based Essel Propack, specialises in catheters and delivery systems. 1 April 2008

Chelsea and Westminster orders CT scanner via NHS Supply Chain Framework
London's Chelsea and Westminster Hospital NHS Foundation Trust has ordered the newly launched Somatom Definition AS and AS+ CT systems from Siemens via the NHS Supply Chain Framework. 31 March 2008

Smiths ambulatory infusion system gains US clearance
Smiths Medical has received US clearance for its CADD-Solis ambulatory infusion system, a clinically and technologically advanced ambulatory infusion platform that enhances patient safety and personalised care for pain management patients. 31 March 2008

Stentys completes $18 million financing for bifurcated stent production Paris-based Stentys has completed an $18 million ‘series B’ round of venture financing that will allow it to complete clinical trials and obtain EU clearance for its drug-eluting, bifurcated stent. 31 March 2008

French Fire Brigade buys Zoll AutoPulse units
The French Fire Brigade has contracted with Zoll Medical Corporation (Nasdaq GS: ZOLL) to equip all of its rescue vehicles with the AutoPulse non-invasive cardiac support pump in a deal worth US$1.1m. 28 March 2008

Philips continues buying spree with cardiac IT company Tomcat Systems
Royal Philips Electronics has announced it will acquire Northern Ireland-based Tomcat Systems Ltd. Tomcat is a privately held company producing cardiovascular information systems (CVIS). 27 March 2008

NGC signs exclusive distribution deal for Allium stents in Italy
Allium Medical Group, developer and manufacturer of non-vascular stents, has signed an exclusive distribution deal with Italian medical device distributor NGC Medical SpA for both its ureteral and biliary stents. 27 March 2008

WaveSense Europe launches Jazz glucose meter in UK
The blood glucose meter is designed to help people with diabetes gain tighter control over their blood glucose levels. 26 March 2008

Philips moving UK research labs to Cambridge
Royal Philips Electronics is moving its UK research arm, Philips Research UK, to the Cambridge Science Park in autumn 2008 after 60 years in Redhill, Surrey. Its research areas will include healthcare, consumer products and lighting. 25 March 2008

Axellis announces 'global expansion' with three acquisitions
Axellis Ltd, a UK and US based medical technology company, has announced three acquisitions, which it says are part of a strategy to become a leading, global provider of specialist hardware and software solutions to optimise treatments in oncology and cardiology. 19 March 2008

EQ2 signs UK distribution agreement with BCAS Biomedical Engineering
Medical equipment information systems software company EQ2 has signed an exclusive distribution agreement with BCAS Biomedical Engineering Ltd, a UK provider of clinical equipment services. 19 March 2008

Philips completes takeover of Respironics
Royal Philips Electronics (NYSE:PHG, AEX:PHI) has announced that it has completed the acquisition of Respironics (NASDAQ:RESP), which will now become an indirect wholly owned subsidiary of Philips. 17 March 2008

Online service for companies to improve cash management
UK bank Lloyds TSB has launched a new online service that could benefit businesses within the healthcare sector by providing 'real time' access to some of the most competitive deposit and foreign exchange rates on the international markets. 17 March 2008

Philips introduces pay-per-use model for medical technology
Royal Philips Electronics has introduced a pay-per-use approach for users of its medical technology in which it shares the risk associated with patient examinations or patient volume. 17 March 2008

Mindray acquires Datascope's patient monitoring business for US$240 million
Chinese company Mindray Medical International Limited is set to become the third-largest player in the global patient monitoring device industry. The acquisition will combine its manufacturing facilities and markets in China with an established presence in the US and Europe. 14 March 2008

Philips announces completion of tender offer to acquire Respironics
Royal Philips Electronics has announced the completion of the tender  to acquire all outstanding shares of common stock of Respironics, Inc. for $66.00 per Respironics share. Philips held over 94% of the outstanding shares of Respironics by the offer closure time. March 14, 2008

Adept Technology and Prosurgics collaborate in surgical robot development
Adept Technology and Prosurgics have agreed to collaborate in the development of the next generation of Prosurgics’ surgical robotic systems for image-guided and navigated neurological and soft tissue surgery. 11 March 2008

3D medical imaging solutions becoming more affordable in Europe
3D imaging has become one of the highest growth segments in the field of medical imaging and the European 3D imaging market is expanding as applications become increasingly affordable, according to a new report from Frost & Sullivan. 11 March 2008

Acceleware launches CT image reconstruction solution
Acceleware Corp. has moved into the medical image processing market with the launch the AxRecon computed tompography image reconstruction solution. It accelerates the reconstruction of image data and improves the quality of images without disrupting current workflow. 11 March 2008

Google and Quest Diagnostics collaborate to provide online access to diagnostic test results
Quest Diagnostics, a leading provider of diagnostic testing, information and services in the US, and Google have agreed to collaborate to facilitate communications between doctors and patients using Google's online health record system, Google Health. 6 March 2008

3mensio receives US clearance for vascular imaging software
3mensio Medical Imaging BV of the Netherlands has received US FDA 510(k) clearance to market its 3surgery vascular imaging  software in the US. 29 February 2008

Leica Microsystems expands electron microscopy business
Leica Microsystems (Wetzlar) has taken over Bal-Tec AG of Liechtenstein, a producer of instruments for sample preparation in scanning electron microscopy. 29 February 2008

ICON acquires US clinical testing facilities with acquisition of Healthcare Discoveries
Ireland-based ICON has acquired Healthcare Discoveries from Catalyst Pharma Group for an initial US$12m. The acquisition gives ICON an 85-bed clinical pharmacology testing facility in Texas. 28 February 2008

Smiths Medical to distribute Life-Tech’s nerve-stimulating catheters
Smiths Medical will distribute the catheters as an addition to their current line of peripheral nerve-block products. Stimulating catheters are used for continuous peripheral nerve blocks in orthopaedic procedures to the shoulder and knee. 28 February 2008

Agfa, InterComponentWare and Sun form Open eHealth Foundation to boost interoperability
The ehealth market is set for explosive growth, driven by growing challenges to healthcare systems in industrialized societies, as well as new medical information and communication technologies. The Open eHealth Foundation will provide software components under an Open Source license that will boost the open standards-based exchange of medical information. 27 February 2008

Philips re-structures healthcare informatics business
Royal Philips Electronics has restructured its healthcare informatics businesses to include its entire portfolio of clinical information solutions, including patient monitoring, enterprise and clinical image management, anaesthesia information, women’s health information, and cardiology information systems. 27 February

Touch Bionics expands in US to meet demand for prosthetic hand
Scottish company Touch Bionics, developer of the world’s first commercially available bionic hand, has set up a US subsidiary, Touch Bionics, Inc. to help meet the growing demand for its revolutionary prosthetic hand. This followed the opening of a new headquarters and manufacturing facility in Scotland in January. 27 February 2008

Chest to distribute Aerocrine airway inflammation detector in Japan
Swedish airway products company Aerocrine AB (STO:AERO) has entered into a distribution agreement with Chest MI Inc to market and sell Aerocrine's Niox Mino in Japan. 20 February 2008

Medrad and Possis Medical to merge
Bayer HealthCare affiliate Medrad, Inc and Possis Medical, Inc. have announced that they have agreed to merge in a deal worth about US$361 million. The merger is seen as combining complementary cardiology products: Medrad's contrast injection systems and Possis Medical's mechanical thrombectomy devices. 18 February 2008

iSOFT expands in Russian lab systems market
iSOFT Deutschland has strengthened its position in Russia with a partnership agreement with Moscow-based company ML Park to distribute and support iSOFT's laboratory information system (LIS) LabCentre. 15 February 2008

Leica Microsystems acquires Cell Analysis and Life Optics
Cell Analysis develops microscope image analysis software for histopathology while Life Optics makes head-mounted optical systems for surgery and dentistry. 15 February 2008

Acrongenomics targets Molecular Vision's microfluidics point-of-care diagnostics devices
Swiss technology investment group Acrongenomics, Inc., has announced an agreement with with Molecular Vision and The Imperial Venture Fund to acquire Molecular Vision by the end of the first quarter this year. 15 February 2008

Elekta signs brachytherapy sales sharing agreement with Xoft
Elekta will share identified sales opportunities for Xoft's Axxent electonic brachytherapy system in the radiation oncology market. The companies will also explore other areas of collaboration. 8 February 2008

Medtronic partners with MediGuide to develop surgical navigational products
MediGuide has signed an agreement with Medtronic for co-development of medical positioning system- (MPS) enabled products. The agreement is based on providing Medtronic products with MediGuide's GPS-like (MPS) navigation capabilities to enhance various procedures. 8 February 2008

Axon Lab to distribute iSOFT lab system in Switzerland
German company Axon Lab AG, a service provider for diagnostics and molecular biology in Austria, Germany and Switzerland has become a distribution partner for iSOFT's laboratory solution, LabCentre. 4 February 2008

Roche increases diagnostics capability with acquisition of Ventana
Pharmaceutical and diagnostics company Roche has bought US diagnostics company Ventana Medical Systems for about $3.4 billion. 30 January 2008

Boston Scientific gains EU approval for new defibrillators
Boston Scientific Corporation has been awarded CE Mark approval for its Cognis CRT defibrillator and Teligen ICD for treating heart failure and sudden cardiac death. 30 January 2008

Sysmex and bioMérieux form joint venture for Japanese diagnostics market
Sysmex Corporation will take a 34% equity stake in bioMérieux Japan Ltd, which will change its name to Sysmex bioMérieux Co Ltd. The new company will market bioMérieux in-vitro diagnostics products Japan. 30 January 2008

Smiths Medical receives FDA clearance for implantable injection system. 30 January 2008

Quidel and bioMérieux form alliance in rapid diagnostics
Quidel Corporation and bioMérieux have formed an alliance to market products worldwide and co-develop new rapid diagnostic tests using Quidel’s rapid test development capability and bioMérieux’s extensive library of antibodies and antigens. 16 January 2008

BD gains EU and US approval for rapid MRSA test
BD Diagnostics has gained European approval for its BD GeneOhm StaphSR assay for MRSA and SA in nasal and wound specimens and US FDA clearance to use the test on positive blood cultures. The test can give results in two hours. 16 January 2008

Varian acquires Chinese medical equipment distributor
Varian Medical Systems has taken over the largest independent distributor of medical x-ray tubes in China, Pan-Pacific Enterprises, for the purpose of marketing, sales, and distribution of Varian x-ray imaging products in China. 16 January 2008

Elekta to acquire oncology informatics supplier CMS
Elekta AB has announced it is in negotiations to acquire US oncology informatics company CMS for US$75m. The negotiations are expected to be completed by mid March 2008. 16 January 2008

US Preventive Medicine to expand into UK
US Preventive Medicine, a company that is building the first network focused on prevention in the United States and internationally has signed a letter of intent with iHealth UK Ltd. to jointly develop three preventive medicine businesses in the United Kingdom. 10 January 2008

GE Healthcare and Novavax collaborate on flu vaccine manufacturing system
The collaboration leverages GE Healthcare's bioprocess solutions and design expertise and Novavax's virus-like particle (VLP) and manufacturing platform to develop a pandemic influenza vaccine manufacturing solution for selected international countries. 10 January 2008

Philips acquires Respironics for $5.1bn
Respironics, a US maker of sleep disorder devices, has agreed to a takeover by Royal Philips Electronics (Philips) for approximately US$ 5.1 billion. The transaction is expected to be completed in the first quarter of 2008. 8 January 2008

Philips adds Visicu and Emergin to patient monitoring stable
Royal Philips Electronics announced in December two US takeovers that are expected to grow its patient-monitoring business. Emergin is a privately held company that produces medical alarm systems while Visicu supplies monitoring systems for ICU patients. 8 January 2008

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