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Hospital News

Instrumentarium to Divest Cardiology Monitoring Unit

An agreement to sell the cardiology business subsidiary of its Spacelabs Medical division for US$ 24 million to Quinton Cardiology Systems, Inc. has been announced by Instrumentarium. More...
30 Nov -0001

Masimo in OximetryAlliance with Chinese Firm

A strategic alliance that will broaden the market for its oximetry products has been announced by Masimo Corp. Under the agreement, Shenshen Mindray Bio-Medical Electronics Co., Ltd. will incorporate Masimo's SET motion and low perfusion tolerant pulse oximetry in its patient monitoring products. More...
30 Nov -0001

Boston Acquires Company and Its Aneurysm Stent

In a transaction that will complement the company's own products for treating brain aneurysms, Boston Scientific Corp. has acquired Smart Therapeutics, Inc., a company focused on self-expanding stent technologies for intracranial therapies. More...
30 Nov -0001

GE to Acquire Instrumentarium for $2 Billion

In a move that will give the company a strong presence in the perioperative and critical care markets, GE Medical Systems has agreed to acquire Instrumentarium Corp. for about US$2 billion in cash More...
30 Nov -0001

Baxter to Divest Renal Services and Focus on Products

The intent to divest the majority of the services component of its renal business was announced by Baxter International, Inc. The company plans to focus primarily on products used in the treatment of kidney disease More...
30 Nov -0001

Guidant to Use LifeShirt to Develop Heart Failure Devices

Guidant Corp. has signed a contract with VivoMetrics that will permit Guidant to use the LifeShirt monitoring system of VivoMetrics over the next four years for research purposes More...
30 Nov -0001

Centerpulse to Sell Heart Valve Business

In a further move to divest its cardiovascular interests, Centerpulse Ltd. has agreed to sell its mechanical and tissue heart valve business to Snia S.p.A. for US$116 million. More...
30 Nov -0001
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