MEDICAL FAIR ASIA 2018

NEWS

Our portal can also be used as a Daily for the leading news in hospitals industry. Our editors script the healthcare industry news including mergers, breakthroughs in medical technology and treatments, innovations, splits, and all other industry specific news.Know everything from current affairs of the industry to the news important to your business.

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Quidel Corporation, a provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems, announced today that it has received clearance from the United States Food and Drug Administration (FDA) to market its Solana® respiratory syncytial virus (“RSV”) + human metapneumovirus (“hMPV”) Assay for the detection of nucleic…

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Shifamed LLC, a privately held medical device incubator, announced that Apama Medical, Inc., a Shifamed Portfolio Company, was acquired by Boston Scientific Corporation (NYSE: BSX) for $175 million in cash up-front and a maximum of $125 million in contingent payments over the period of 2018-2020, based on achievements of clinical…

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Aethlon Medical, Inc., a therapeutic technology company focused on unmet needs in global health and biodefense, announced today that it has established a collaboration with iBio, Inc. (NYSE AMERICAN: IBIO) to support potential large-scale production of the Aethlon Hemopurifier®.  iBio is a leading developer of plant-based biopharmaceuticals. The Aethlon Hemopurifier®…

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Beijing Huaye Capital Holdings Co Ltd Says its two units planned to invest 10 million yuan and 161 million yuan respectively to help to set up a medical management center (limited partnership) in Beijing, jointly with partner. Says total investment of the medical management center will be 654 million yuan.…

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The Orthopaedic Implant Company ("OIC") launched the OIC External Fixation System from the Meeting Hall in the Vancouver Convention Center, at the 2017 Annual Meeting of the Orthopaedic Trauma Association. "External fixators are one of the most expensive devices in use today. Furthermore, they provide provisional fixation which means additional…

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Today, the U.S. Food and Drug Administration cleared the first seven tesla (7T) magnetic resonance imaging (MRI) device, more than doubling the static magnetic field strength available for use in the United States. The Magnetom Terra is the first 7T MRI system cleared for clinical use in the United States.…

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To expand ultrasound capabilities in its radiology department and offer safe, less invasive imaging to its pediatric patient population, OSF HealthCare Saint Francis Medical Center purchased an Aplio™ i800 ultrasound system from Toshiba Medical, a Canon Group company. OSF Saint Francis Medical Center, part of OSF HealthCare in Peoria, Ill.,…

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Pfizer said on Tuesday it was considering the sale or spin-off of its consumer healthcare business, shaking up the industry and potentially putting a headache pill to lip balm operation worth some $15 billion up for grabs. The move comes as Germany’s Merck KGaA is also looking to divest its…

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CryoLife, Inc., a leading medical device and tissue processing company focused on cardiac and vascular surgery, announced today that it has entered into a definitive agreement to acquire JOTEC AG ("JOTEC").  JOTEC is a German-based, privately-held developer of technologically differentiated endovascular stent grafts, and cardiac and vascular surgical grafts, focused…

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Select Medical Corporation, a wholly-owned subsidiary of Select Medical Holdings Corporation (NYSE: SEM), today announced the opening of a new medical rehabilitation hospital in Beachwood, Ohio, as part of a joint venture with Cleveland Clinic. The new 60-bed inpatient hospital, Cleveland Clinic Rehabilitation Hospital, Beachwood, features private rooms and state-of-the-art…

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