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Minute Insights

Set Alert for Digital Health

Minute Insight: Haemonetics Buys OpSens To Add Fiber-Optic Sensors For Intervention

Haemonetics will acquire Quebec-based OpSens for CAD $2.90 per share, or about US $253m at current exchange rates. Haemonetics expects OpSens' fiber-optic technology to complement its interventional cardiology portfolio.

Minute Insights M & A

Minute Insight: Best Buy Will Sell Dexcom CGM

The retail giant will sell the Dexcom G7 continuous glucose monitoring system to eligible customers through a new online platform.

Minute Insights Diabetic Care

Minute Insight: Stimdia Starts Trial Of Phrenic Nerve Stimulator For Patients On Ventilators

Stimdia is trying to restore respiratory function in ICU patients with phrenic nerve stimulation.

Minute Insights Clinical Trials

Minute Insight: Medtronic May Sell Respiratory And Monitoring Units To Private Equity

Reuters reported that global private equity firm Carlyle Group has offered to pay at least $7bn for Medtronic’s patient monitoring and respiratory interventions businesses. Medtronic announced its plan to get out of those businesses about one year ago.

Minute Insights Commercial

Minute Insight: Cordis-MedAlliance Deal Formalized, Less Than One Year After Announcement

The $1.1bn acquisition of drug-eluting balloon developer MedAlliance will help Cordis return to its roots as an innovative leader in interventional cardiology.

Minute Insights Cardiovascular

Minute Insight: Enovis Buys Lima To Create Billion-Dollar Recon Business

Enovis has agreed to buy Italian orthopedic implant manufacturer Lima from a private equity firm for €800m – about $845m. The deal will expand Enovis’ presence in the fast-growing international extremities market and improve its manufacturing and innovation facilities.

Minute Insights M & A

Minute Insight: Maestro Cues The Music With CE Mark For Moon Surgical

The Paris-based start-up has picked up a CE mark for the latest generation of its Maestro system, a tool designed to make laparoscopic surgery easier and safer.

Minute Insights Robotic Surgery

Minute Insight: Paige Strikes It Big With Microsoft Partnership

The two tech companies – one software giant, the other focused on oncology – will work together on what will likely be the largest artificial intelligence model of its kind.

Minute Insights Artificial Intelligence

Minute Insight: Illumina Seeks Stability, Names Thaysen As New CEO

The genome-sequencing giant has named Jacob Thaysen, who brings extensive experience from Agilent, as its new leader.

Minute Insights Executive Changes

Minute Insight: Hyfe Goes Physical With Wearable Partnership

The pure-play software company, which has developed a tool to record and monitor patients’ coughs, has signed a partnership to integrate its technology into a wearable.

Minute Insights Strategy

Minute Insight: Illumina Is Doing Stuff Again – More Leadership Changes

The sequencing technology company, led by an interim CEO, is further shuffling its leadership following the announcement of disappointing mid-year results.

Minute Insights Commercial

Minute Insight: FTC Pressure Kills Cooper’s Planned Deal For Cook’s Reproductive Assets

Cooper announced a plan to buy Cook’s reproductive health business in February. The deal would have been worth $675m up front and $200m in four annual installments. The US FTC determined the deal would have impaired competition in the reproductive health market.

Minute Insights M & A

Minute Insight: Guardant And Illumina Resolve Litigation, Agree To Partnership

Illumina sued Guardant last year, claiming Guardant’s founders stole trade secrets related to blood biopsy diagnostics. The companies have agreed to drop that dispute and share specimen samples for cancer research.

Minute Insights Intellectual Property

Minute Insight: Augmedics Completes Mop Up Of Surgalign Bankruptcy

Surgalign was forced into bankruptcy after falling foul of the US SEC, leaving Audmedics to pick up its digital health assets for the bargain price of $900,000.

Minute Insights Orthopedics

Minute Insight: ViewRay Is Going Out Of Business, Blames Order Backlog

ViewRay will continue to maintain its MRI-guided radiation therapy systems at customer sites, but filed for Chapter 11 bankruptcy protection and is planning to sell the business’ assets.

Minute Insights Commercial

Minute Insight: Medtronic Received Medicare Coverage For New MiniMed 780G Insulin Pump

Medtronic has secured coverage to market its recently approved MiniMed 780G insulin pump to eligible Medicare and Medicare Advantage beneficiaries, opening access to more patients after a long delay in bringing the device to the US market.

Minute Insights Diabetic Care
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