Johnson & Johnson unveils presbyopia-correcting IOL in EMEA
The TECNIS PureSee IOL is said to address the common trade-offs faced by surgeons and patients. Credit: Johnson & Johnson MedTech. Johnson & Johnson MedTech has announced the availability of its TECNIS PureSee IOL in the Europe, the Middle East and Africa (EMEA) region. This next-generation lens is designed to correct presbyopia with a purely […]
AngioDynamics sells PICC portfolio to Spectrum
The company has discontinued the sale of its support catheter products. Credit: Yuliya Alekseeva/ shutterstock.com. Medical technology company AngioDynamics has completed the sale of its peripherally inserted central catheter (PICC) and Midline product portfolios to Spectrum Vascular for a sum that could reach $45m. The transaction includes AngioDynamics’ PICC, Midline, and tip location products, which […]
Private equity activity in the medical devices industry in the UK remained flat in 2023
In value terms, private equity deal activity in the UK increased by 3254% in Q4 2023 compared with the previous quarter’s total of $32.8m and rose by 8792% as compared to Q4 2022. Related deal volume remained flat in Q4 2023 versus the previous quarter and was 33% lower than in Q4 2022. The top-ranked […]
Private equity activity in the medical devices industry in the UK remained flat in 2023
In value terms, private equity deal activity in the UK increased by 3254% in Q4 2023 compared with the previous quarter’s total of $32.8m and rose by 8792% as compared to Q4 2022. Related deal volume remained flat in Q4 2023 versus the previous quarter and was 33% lower than in Q4 2022. The top-ranked […]
Earlybird Health raises $185m to propel European healthcare ventures
The Earlybird venture fund will focus on digital health, diagnostics, medical devices, research and development tools, and biopharma. Credit: Marian Weyo via Shutterstock. German health venture capital company Earlybird Health has raised $185m (€173m) to propel early-stage European healthcare ventures from initial stages to advanced technology nearing regulatory approval and commercialisation. The venture fund will […]
Q4 2023 update: private equity deals in medical devices in the UK
In value terms, private equity deal activity in the UK increased by 3254% in Q4 2023 compared with the previous quarter’s total of $32.8m and rose by 8792% as compared to Q4 2022. Related deal volume remained flat in Q4 2023 versus the previous quarter and was 33% lower than in Q4 2022. The top-ranked […]
Private equity activity in the medical devices industry in the UK remained flat in 2023
In value terms, private equity deal activity in the UK increased by 3254% in Q4 2023 compared with the previous quarter’s total of $32.8m and rose by 8792% as compared to Q4 2022. Related deal volume remained flat in Q4 2023 versus the previous quarter and was 33% lower than in Q4 2022. The top-ranked […]
UroMems champions positive results for stress urinary incontinence implant
Stress urinary incontinence is a condition characterised by urine leakage when the bladder is under pressure such as when exercising or sneezing. Image credit: Shutterstock/CHAjAMP. UroMems has reported more positive results from a trial evaluating its UroActive device for the treatment of stress urinary incontinence. The France-headquartered company stated the first female patient implanted with […]
Sparrow launches FDA-approved phone stethoscope device in the US
Sparrow’s Stethophone software was approved by the US Food and Drug Administration (FDA) in June 2023. Image Credit: SUPERMAO / Shutterstock. Sparrow BioAcoustics has launched a phone stethoscope app, Stethophone, which turns a smartphone into a medical-grade stethoscope in the US. The device was approved by the US Food and Drug Administration (FDA) as a […]
Freudenberg begins construction on second Costa Rica facility
Freudenberg Medical CEO Dr Mark Ostwald during the ground-breaking ceremony in Costa Rica. Credit: Business Wire/ Freudenberg Medical. Global contract design and manufacturing partner for the medical device and biopharma industry Freudenberg Medical has commenced construction on a second manufacturing site in Costa Rica. The new site aims to meet the growing demand for medical […]