Axis-Shield, Abbott to develop Active-B12 test
Axis-Shield and Abbott Laboratories agree to develop and manufacture an active-B12 assay to run on Abbott’s line of Architect automated immunoassay analysers.
Thursday 18 December 2008

LabCorp stops selling OvaSure to appease FDA
Laboratory Corporation of America (LabCorp) has voluntarily stopped selling its OvaSure ovarian cancer test after the company was criticised by the FDA for marketing the product without regulatory approval.
Monday 1 December 2008

Philips swings the axe at healthcare unit as credit crunch bites into imaging sales
Philips' healthcare division to axe 1,600 jobs; rival GE posts weak Q3 results last month, fuelling speculation over job cuts.
Thursday 27 November 2008

J&J set to boost surgery business with $438m in Omrix buy
In a bid to strengthen its biosurgical products business, Johnson & Johnson agrees to purchase Omrix Biopharmaceuticals for $438m in an all-cash deal.
Thursday 27 November 2008

GE Healthcare & UPMC to export oncology model across Europe and Asia
GE Healthcare and the University of Pittburgh Medical Center (UPMC) signs a deal to jointly develop an international network of cancer care units.
Friday 14 November 2008

CSI enters public domain through replidyne merger
Privately-held medical device company Cardiovascular Systems Inc (CSI) is to make its debut on the Nasdaq via a stock-for-stock merger with Replidyne, a struggling, publicly-listed biotech firm.
Monday 10 November 2008

Thoratec warns over LVAS lead probs
Shares in Thoratec tumbled over 13% on Monday (October 27) after the company issued an urgent warning to doctors about the possibility of its HeartMate II left ventricular assist system (HM II LVAS) malfunctioning as a result of worn out electrical leads.
Tuesday 4 November 2008

Surgical sealing device co closes $18m financing deal
Salient Surgical Technologies secures $17.9m in private equity financing.
Friday 31 October 2008

£15m funding dashed as Lombard investor pulls out
UK developer of stent devices Lombard Medical Technologies is forced to continue its search for more funding, after a Middle Eastern bank pulled out of making a £15m ($26m) long-term equity investment in the company.
Friday 31 October 2008

Clinica's Guide to UK Medtech 2008
The Guide to UK Medtech 2008, to be distributed at the Medica 2008 event in Dusselfdorf, Germany, explores issues such as innovation, public-private partnership, the NIC-Darzi review, and also focuses on Wales and Northern Ireland.
Friday 31 October 2008

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