by admin | Sep 17, 2019 | M&A - Buy-Out
Baxter International said it agreed to acquire Cheetah Medical, the developer of a noninvasive fluid management monitoring system called the Starling SV for up to $230 million. The device’s sensor pads are applied to the chest, enabling clinicians to assess heart...
by admin | Sep 17, 2019 | M&A - Buy-Out
Stryker plans to acquire sister companies Mobius Imaging and Cardan Robotics for $370 million in upfront cash. An additional $130 million is on the table based on completion of certain development and commercial milestones. Stryker will gain Mobius’ Airo CT...
by admin | Sep 17, 2019 | FDA
GE Healthcare has received 510(k) clearance for AI algorithms designed to detect a type of collapsed lung on x-ray images. The FDA clearance covers a set of algorithms that GE has embedded in its Optima XR240amx mobile x-ray device, thereby enabling hospitals to...
by admin | Sep 16, 2019 | Funding
Incredible Health, based in San Francisco, has worked with customers like Stanford Healthcare, UCSF Medical Center, Cedars Sinai Medical Center and many others to fill their nursing staffing needs. Incredible Health raised $15 million in Series A funding led by...
by admin | Sep 15, 2019 | Funding
San Jose-based BrightInsight is a spin-off from contract manufacturer Flex and has raised funding for its internet-of-things platform for connected medical devices and drug delivery systems. Investors recently poured $25 million into BrightInsight that is looking to...