How precision and personalized medicine M&A performed in the medical devices industry in Q1 2024
In value terms, precision and personalized medicine-related deal activity decreased in Q1 2024 compared with the previous quarter and as compared to Q1 2023. Related deal volume remained flat in Q1 2024 versus the previous quarter. The top-ranked legal advisors supporting these M&A deals in Q1 2024 were CMS Legal Services EEIG; John Wood Group; […]
M&A activity in the medical devices industry in Japan increased in 2024
In value terms, M&A activity in Japan decreased by 93% in Q1 2024 compared with the previous quarter’s total of $9.9m. Related deal volume increased by 50% in Q1 2024 versus the previous quarter and was 50% higher than in Q1 2023. For further understanding of GlobalData’s Medical Devices Industry Mergers And Acquisitions Deals By […]
How ecommerce M&A performed in the medical devices industry in Q1 2024
In value terms, ecommerce-related deal activity decreased in Q1 2024 compared with the previous quarter and as compared to Q1 2023. Related deal volume remained flat in Q1 2024 versus the previous quarter and was 50% lower than in Q1 2023. The top-ranked legal advisors supporting these M&A deals in Q1 2024 were Darryl, Edward […]
Endologix hits primary endpoints in one-year follow-up data for DETOUR2 trial
There are around 6.5 million people aged 40 and older in the US living with PAD. Image credit: Shutterstock/ridersuperone. Endologix has reported positive one-year results from its DETOUR2 trial evaluating its fully percutaneous transmural arterial bypass therapy. The prospective, single-arm, multi-centre, international trial enrolled 202 patients with long-segment superficial femoral artery disease. The superficial femoral […]
Siemens Healthineers announces £250m UK MRI facility
Siemens Healthineers has said that the North Oxfordshire facility will both support more than 1,300 jobs in the area. Credit: Shutterstock / Jason Salmon Medical device giant Siemens Healthineers has announced a $250m investment in a new UK production facility aimed at manufacturing superconducting magnets to be used in Magnetic Resonance Imaging (MRI) devices. Siemens […]
Analog Devices’s Sensinel CPM system reduces heart fluid in published study
According to GlobalData, there will be 3,708,285 cases of heart failure in the seven major markets. Credit: mi_viri via Shutterstock. A study has been published highlighting that the Sensinel cardiopulmonary management (CPM) system by Analog Devices (ADI) effectively detects signs of fluid overload in the heart and could be used to monitor patients and prevent […]
Qiagen’s QIAstat-Dx respiratory diagnostic wins FDA clearance
Qiagen plans to expand its portfolio for QIAstat-Dx in the US to include a meningitis/encephalitis panel and a gastrointestinal panel, which is currently being reviewed by the US FDA. Image Credit: T. Schneider / Shutterstock. The US Food and Drug Administration (FDA) has cleared Qiagen’s QIAstat-Dx Respiratory Panel Plus syndromic test, designed for pathogen detection […]
Dementia Action Week 2024: the future of Alzheimer’s diagnostics
The focus of this year’s Dementia Action Week 2024 (13-19 May 2024) is to take action on improving dementia diagnosis rates. Credit: Orawan Pattarawimonchai via Shutterstock. Dementia Action Week 2024, which starts today, shines a spotlight on Alzheimer’s disease, the most common cause of dementia. The approval of several drugs for Alzheimer’s such as Eisai’s […]
FDA approval paves way for Masimo’s debut in OTC baby monitoring sector
The Covid-19 pandemic has significantly accelerated the pace of innovation in the healthcare IT market, as health systems worldwide have rapidly adapted to new technologies to manage unprecedented challenges. The shift towards remote healthcare and increased consumer interest in health monitoring at home has driven demand for advanced healthcare technologies, including baby monitoring systems. The […]
Triomics wins $15m for oncology GenAI software
Triomics co-founders Sarim Khan (CEO) and Hrituraj Singh (CTO) realised recent advances in GenAI created the possibility of similarly analysing the ~80% of medical data that exists in an unstructured format. Credit: angellodeco/ Shutterstock.com. Triomics has raised $15m to further develop its oncology-specialised generative AI (GenAI) platform OncoLLM. OncoLLM is designed to help cancer centres […]