Please contact Sales at: (212) 520-2765 or email PharmaNewsSales@informa.com
Latest From Toshiba Corporation
Smaller physicians’ offices often lack the resources and expertise to perform ultrasound exams to the highest standards. This realization incentivized ultrasound technician Denise Barbato to found her own company to reimagine the service offered.
New York biotech is partnering with researchers at Columbia, Kansas State and Southern Research to address the pandemic.
The plum in the middle of Philips' intense period of M&A this summer was the €1.9 billion purchase of Spectranetics, which, combined with Philips Volcano, should create a $1 billion+ devices business within the image-guided therapy group by 2020. IGT senior vice president and general manager Bert van Meurs explains the rationale behind the deal, and what's next for Philips.
Medtech companies raised $2.4 billion in the fourth quarter, the second-strongest of the year; Q4 device M&A deals totaled $9 billion in value, led by Allergan's $2.9 billion buy of Acelity's LifeCell division. Diagnostics financings finished out the year at $721 million, an increase over the previous quarter and 2016's second-highest quarter, but diagnostics M&A activity was the lowest of the year at $87 million, with only two completed acquisitions.
- Other Names / Subsidiaries
- Toshiba America Medical Systems Inc.