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Business

US Hospital Buying Groups Under Attack

Large hospital purchasing groups in the United States are under attack, as they are increasingly being viewed as discouraging competition among medical suppliers and slowing the adoption of new technologies. More...
19 Aug 2002

Alliance for Defibrillator Distribution

A distribution agreement has been announced by Zoll Medical Corp. whereby the company's defibrillators will be marketed to targeted European markets through the sales channels of Draeger Medical AG More...
13 Aug 2002

Bayer to Acquire Visible Genetics, Inc.

In a move that will expand its portfolio of molecular diagnostic tests, an agreement has been announced by Bayer Corp., Diagnostics Division, to acquire Visible Genetics Inc. in a cash deal valued at US$61.4 million. More...
12 Aug 2002

Guidant Invests $10 Million in Cardiac Device Developer

A US$10 million investment has been announced by Guidant Corp. in Cardica, Inc., a company developing anastomotic devices for coronary bypass surgery. More...
12 Aug 2002

Guidant to Acquire Cook Group for Up to $3 Billion

In a move to enhance its position in the drug-eluting stent market, Guidant Corp. has agreed to acquire all of Cook Group Inc. for up to US$3 billion in stock. More...
02 Aug 2002

Distribution Alliance for Adhesion Prevention

According to a new European distribution agreement, a bioabsorbable gel for the prevention of adhesions will be marketed in Europe by Depuy AcroMed, Inc. More...
23 Jul 2002

Buoyed by a Strong Domestic Base, Brazil's Medical Device Industry Eyes Export Markets

Helped by a large and fast-growing domestic market, as well as a local-manufacture share as high as 90%, Brazil's homegrown medical device industry has been on a path of major expansion, and is now gearing itself to become a major player in the international arena. More...
17 Jul 2002
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