1. Medtech Insight
  2. >>Archive

News In Brief

Spectrum buys majority stake in Shaser Bioscience. Sorin snaps up Neurotech. Nihon Kohden acquires Defibtech. More news briefs.

Consumer products firm Spectrum Brands Holdings Inc. acquires a 56% stake in light-based hair removal device maker Shaser Bioscience Inc. for $50 million, the firm announced Nov. 12. The deal builds on the firms’ existing commercial partnership, established in 2008, through which they jointly developed and brought to market the Remington iLight Pro light-based, home-use hair removal system. Headquartered in Boston, privately held Shaser launched the 510(k)-cleared device in the U.S. in 2011 and in Europe in 2010. The purchase dovetails with Spectrum’s plans to build a consumables business within its Remington personal care division and develop a full line of energy-based aesthetic dermatology devices and other products using Shaser technology to address signs of aging, acne and blemishes, spider veins and other aesthetic applications, Spectrum said.

Diversified diagnostics and analytical instrumentation maker PerkinElmer Inc. acquires China-based infectious disease diagnostics maker Shanghai Haoyuan Biotech Co. Ltd. on Nov. 12 for $38 million, plus potential future milestone...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Medtech Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Archive

Final Chance To Have Your Say: Take Our Reader Survey This Week

 
• By Ryan Nelson

Editor’s note: This is your final call to participate in the survey to better understand our subscribers’ content and delivery needs. The deadline is 20 September.

Shape Our Content: Take The Reader Survey

 
• By Ryan Nelson

Editor’s note: We are conducting a survey to better understand our subscribers’ content and delivery needs. If there are any changes you’d like to see in coverage topics, content format or the method in which you receive and access Medtech Insight, or if you love it how it is, now is the time to have your voice heard.

Patients With Movement Disorders Will Benefit From Medtronic’s Expanded MRI Labeling For DBS

 
• By Marion Webb

Medtronic announced it received expanded MRI labeling for its DBS systems, which is critical, given that almost 70% of all DBS-eligible patients will likely need an MRI at some point in their care, says Ashwini Sharan, CMO for Medtronic Neuromodulation.

Podcast: Lung Life AI CEO Shares Regulatory And Reimbursement Journey For Lung Cancer Diagnostic

 
• By Natasha Barrow

In this episode, Medtech Insight reporter Natasha Barrow speaks to LungLife AI CEO Paul Pagano. Lung Life AI is a US-based AIM-listed medical technology company that has developed a liquid biopsy test for the early detection of lung cancer called Lung LB. Pagano runs through the highlights of Lung Life AI journey to date and its future ambition for a strategic partnership. He also provides advice to similar diagnostic companies seeking reimbursement andcompliance with the US FDA Lab Developed Test ruling.

More from Medtech Insight

Get Ready For International Harmonization Before Approaching QMSR Deadline, Says Regulatory Expert

 
• By Brian Bossetta

During MD&M East last week, regulatory consultant Darren Reeves reminded device manufacturers that the time to get ready to comply with the new Quality Management System Regulation is now.

Handheld Diagnostics: A Resurging Category That is Here to Stay

 
• By Barnaby Pickering

Handheld diagnostics are more powerful, accessible and clinically relevant than ever. Medtech Insight spoke to companies behind such technologies to learn how they work and discuss their commercial models.

Execs On The Move: 12-23 May 2025

 
• By Medtech Insight Team

An interactive look at recent executive-level company changes and promotions in the medical device and diagnostics industries.