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Business

Eclipse Surgical Changes Name to CardioGenesis

Eclipse Surgical Technologies (Sunnyvale, CA, USA) has changed its name to CardioGenesis Corp., the name of a company acquired by Eclipse in March 1999. More...
11 Jul 2001

Philips to Acquire Marconi Medical Systems for $1.1 Billion

In a move that caps a three-year acquisition strategy directed at matching GE and Siemens as global players in the total hospital market, Royal Philips Electronics (Amsterdam, the Netherlands) has agreed to acquire Marconi Medical Systems (Cleveland, OH, USA) for US$1.1 Bill. in cash More...
10 Jul 2001

Bayer in Licensing Agreement for Heart Test

Bayer Diagnostics has agreed to licensing terms with Shionogi & Co., Ltd. for the development, manufacture, and distribution of an automated test for B-type natriuretic peptide (BNP), More...
04 Jul 2001

Falling Revenues Seen for Heart Valve Market

Around 80,000 heart valve repair procedures were performed in Europe last year, a figure estimated to grow to almost 87,000 procedures by 2007. More...
03 Jul 2001

J&J to Acquire Diabetes Care Businesses for $1.3 Billion

In a move to regain supremacy in the diabetes market, Johnson & Johnson has agreed to acquire Inverness Medical Technology, Inc. excluding certain businesses of Inverness, for about US$1.3 billion in stock. More...
08 Jun 2001

GE and Fujitsu in Alliance to Integrate Medical Imaging

An alliance to provide hospitals and other medical centers in Japan with integrated clinical imaging information systems has been announced by GE Medical Systems and Fujitsu Limited. More...
07 Jun 2001

Bayer and Matsushita in Diagnostic Alliance

A long-term strategic business relationship to jointly develop, manufacture, and market diagnostic products has been announced by Bayer Corp. and Matsushita Electric Industrial Co. More...
01 Jun 2001
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CM1200B
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Ureteral Dilatation Balloon
Dornier Equinox


HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.