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ROCHE WILL BUY FLATIRON HEALTH FOR $1.9 BILLION

Pharmaceutical giant Roche will buy New York City-based Flatiron Health. The Swiss company will pay $1.9 billion for Flatiron, adding to its existing stake of 12.6 percent in the startup. That makes the whole shebang worth about $2.1 billion. Officials…

AMAZON PREPARING TO ENTER MEDICAL SUPPLIES BUSINESS

Amazon is looking to increase its medical supplies business and turn the unit into a major supplier to U.S. hospitals and clinics, according to a Wall Street Journal report. The online mega retailer has initiated a trial of a new system…

JACKSON HEALTHCARE PUTS DR. TOM PRICE ON ADVISORY BOARD

Tom Price, MD, who resigned in September as secretary of the Department of Health and Human Services (HHS), has been named to the advisory board of an Atlanta-based staffing firm. Dr. Price, a former orthopedic surgeon and congressman, stepped down from…

SENATE COMMITTEE APPROVES ALEX AZAR TO HEAD HHS

The U.S. Senate Finance Committee voted 15-12 to approve the nomination of Alex Azar to be the next Secretary of the Department of Health and Human Services (HHS) Jan. 17. Only one Democrat, Tom Carper of Delaware, assented to Azar’s…

Industry News

3D-PRINTED LIVING BIOINK CAN FORM “LIVING TATTOOS”

Researchers at MIT have developed a living bioink for 3D printing that consists of genetically-modified bacteria and a synthetic hydrogel. The material can be printed in a variety of shapes, including as patches or “tattoos” for the skin, and…

CENTERLINE BIOMEDICAL COMPLETES FIFTH STUDY ON IOPS SURGICAL NAVIGATION SYSTEM AT CLEVELAND CLINI

Endovascular navigation startup Centerline Biomedical has successfully completed a fifth preclinical study at Cleveland Clinic facilities to see how its surgical navigation system, the Intra-Operative Positioning System (IOPS), will perform in the marketplace. The study demonstrated its ability to track IOPS…

Industry News

COOK GROUP EXPANDS BY BUYING ADJACENT VACANT GE SITE

Cook Group, through its subsidiary Cook Properties, has agreed to purchase the former GE site near Cook’s world headquarters in Bloomington, Ind. Cook Group is expanding its medical device business into the vacant GE property on Curry Pike. This…

Industry News

BECTON, DICKINSON COMPLETES ACQUISITION OF C.R. BARD

Becton, Dickinson (BD) has completed the acquisition of C.R. Bard, creating a new healthcare company with approximately $16 billion in annualized revenue. Vincent A Forlenza, chairman and CEO, said the combined company builds on BD’s position in medication management and infection…

Industry News

PRISM TRIAL EVALUATES SAFETY, EFFICACY OF INDIGO ASPIRATION SYSTE

Results of the multicenter PRISM trial were published by Richard R. Saxon, MD, et al in the Journal of Vascular and Interventional Radiology (JVIR; 2018;29:92–100). PRISM evaluated the safety and initial efficacy of a power aspiration–based extraction technique for treatment of peripheral arterial…

FDA APPROVES XABLECATH BLUNT TIP SUPPORT CATHETER

XableCath’s blunt tip support catheter has received clearance from the U.S. Food and Drug Administration (FDA). In two clinical investigator-led studies, the device was demonstrated to be a safe, effective, and easy-to-use device, enabling therapeutic options for patients with…

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