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Hillrom Acquires Bardy Diagnostics to Expand into Ambulatory Cardiac Monitoring Segment

Hillrom (Chicago, IL, USA) has reached a definitive agreement to acquire Bardy Diagnostics, Inc. (BardyDx; Seattle, WA, USA) for a cash consideration of USD 375 million. More...
20 Jan 2021
Image: Philips Acquires Capsule Technologies to Expand Leadership in Patient Care Management Solutions for Hospitals (Photo courtesy of Royal Philips)

Philips Acquires Capsule Technologies to Expand Leadership in Patient Care Management Solutions for Hospitals

Royal Philips (Amsterdam, the Netherlands) has signed an agreement to acquire Capsule Technologies, Inc. (Andover, MA, USA), a provider of medical device integration and data technologies for hospitals and healthcare organizations. More...
20 Jan 2021
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New AI Algorithm Crunches Massive Amounts of Real-World Data to Find New Uses for Existing Medications

Scientists have developed a machine-learning method that crunches massive amounts of data to help determine which existing medications could improve outcomes in diseases for which they are not prescribed. More...
12 Jan 2021
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Hologic to Acquire Diagnostic Tests Provider Biotheranostics

Hologic, Inc. (Marlborough, MA, USA) has agreed to acquire Biotheranostics, Inc. (San Diego, CA, USA), a privately held, commercial-stage company that provides molecular diagnostic tests for breast and metastatic cancers, for approximately USD 230 million. More...
07 Jan 2021
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Hologic Acquires SOMATEX Medical Technologies

Hologic, Inc. (Marlborough, MA, USA) has completed the acquisition of SOMATEX Medical Technologies GmbH (Berlin, Germany), a leader in biopsy site markers and localization technologies, for approximately USD 64 million. More...
05 Jan 2021
Image: The Genius AI Detection software (Photo courtesy of Hologic, Inc.)

Hologic Receives FDA Clearance for Genius AI Detection Technology for Early Breast Cancer Detection

Hologic, Inc. (Marlborough, MA, USA) has received US Food and Drug Administration (FDA) clearance for its Genius AI Detection technology, a new deep learning-based software designed to help radiologists detect subtle potential cancers in breast tomosynthesis images. More...
02 Dec 2020
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COVID-19 Acceleration and Rising Severity Driving Global Ventilator Market

The global ventilator market was valued at USD 11.4 billion in 2019 and has witnessed a growth surge of up to 172% in 2020 as an exponential rise in respiratory infections due to the coronavirus pandemic has accelerated the demand for ventilators across the world. More...
10 Nov 2020
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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.