This Week in MedTech

This Week in MedTech is part of the MTI Newswire service for MTI subscribers and followers, featuring original content linked from leading industry sources as indicated. Neither MedTech Intelligence nor MTI staff are involved in the writing of the content shared below.

J&J agrees to buy V-Wave

Johnson & Johnson announced it will acquire V-Wave for up to $1.7 billion, with an initial payment of $600 million. J&J plans to integrate the cardiovascular implant maker into its medical technology segment. Read the story: Mass device 8/19

Vyaire Ventilation Unit to be Purchased by Zoll

Zoll to acquire Vyaire Medical’s ventilator business for an undisclosed amount. “If the acquisition is successful, the addition of Vyaire’s ventilators to Zoll’s product portfolio will strengthen our ability to serve a broader range of clinicians and patients,” said Jon Rennert, Zoll’s CEO. Read the story > Mass device (19/08)

New sizes of Guard wound dressings are authorized

The FDA has granted 510(k) clearance to Guard Medical’s larger NPseal negative pressure wound therapy dressing sizes. This clearance allows the product to be used to dress closed surgical incisions in cardiothoracic, cesarean and orthopedic procedures. Read the story > Medical Device Network (8/20)

Edwards Continues M&A Spree With Genesis TAVR Technology

Edwards, which has made a series of acquisitions in recent months, is also investing $25 million in Singapore-based Genesis Medtech. Read the story > MedtechDive 8/19

FDA Approves First At-Home Syphilis Test

NowDiagnostics’ over-the-counter test can provide results in 15 minutes with just one drop of blood. Read the story > MedtechDive 8/19

Histosonics Raises $102 Million for Non-Invasive Treatment to Destroy Tumors

Using sound waves to break down tumor tissue may offer liver cancer patients an alternative to surgery, radiation therapy and chemotherapy. Read the story > MedtechDive 8/19

DuPont Acquires Donatelle Plastics for $313 Million

The acquisition of the medical device contract manufacturer comes as DuPont prioritizes its expansion into the healthcare sector. Read the story > MedtechDive 8/19

Caresyntax Raises $180 Million to Improve Hospital Operating Room Efficiency

Caresyntax has closed a $180 million Series C funding round, bringing its total Series C funding raised to $310 million. The company sells AI-powered precision surgery technology that unifies operating room data on a single platform. Read the story > MedcityNews 18/08

Stryker Acquires Smart Hospital Technology Company Care.ai

The deal comes shortly after Stryker CEO Kevin Lobo told investors to expect a “very active deal pipeline” in the second half of 2024. Read the story > MedtechDive 8/12

Baxter Agrees to Sell Kidney Care Unit to Carlyle for $3.8 Billion

Selling the business, called Vantive, rather than spinning it off, is expected to maximize shareholder value and give Baxter more flexibility to pursue other growth opportunities, the company said. Read the story > MedtechDive 8/13

Medtronic Gets FDA Approval for Deep Brain Stimulation During Sleep

Medtronic announced Monday that it is the first company to receive FDA approval to offer DBS surgery while a patient is asleep or awake. Read the story > MedtechDive 8/13

Stereotaxy obtains CE marking for new surgical robot

CEO David Fischel said the platform, called GenesisX, is designed to address challenges hospitals faced when installing the company’s first robotic systems. Read the story > MedtechDive 8/15

The article ThisWeek in MedTech – August 23, 2024 appeared first on MedTech Intelligence.