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Business

Lumenis Plagued with Problems

As a result of a string of financial and other problems, Lumenis Ltd. has announced that its CEO, Yacha Sutton, has retired. More...
07 Jan 2003

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...
06 Jan 2003

Alliance for Molecular Bladder Cancer Detection

An agreement to sublicense exclusive worldwide diagnostic rights to develop and commercialize an immunohistochemistry test to detect the presence of the CD52 antigen in lymph nodes has been announced by Ilex Oncology, Inc. More...
02 Jan 2003

GE to Integrate CAD Software in Mammography System

In a move to enhance the early detection capability of its mammography system, GE Medical Systems has announced a development and distribution agreement with CADx Systems, Inc. More...
02 Jan 2003

Boston Scientific Buys into Intracranial Stent Technology

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...
31 Dec 2002

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...
23 Dec 2002

Boston Scientific to Acquire German Developer of Stent Technology

In a move intended to complement its drug-eluting stent program, Boston Scientific Corp. has agreed to acquire InFlow Dynamics AG, a company engaged in developing new stent technology. More...
18 Dec 2002
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HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.