Acquisition - May 11, 2022
BICO acquires Allegro 3D
BICO has acquired all the shares in San Diego-based Allegro 3D for an up-front enterprise value of USD 6 million. Additionally, the shareholders can receive USD 5 million in an earnout payment contingent on Allegro 3D’s financial performance in the coming two years. The entire purchase price will be paid in cash. Allegro 3D’s patented […]
MedTech Business - April 19, 2022
GPX Medical is planning a name change
GPX Medical AB has suggested a name change in order to better gain an international position within the medtech industry and to clarify the board’s strategic focus on developing products for premature babies and neonatal intensive care. “The new name is proposed before the annual general meeting to become NEOLA Medical AB. This is important […]
MedTech Business - April 19, 2022
Getinge partners with the International Finance Corporation
Getinge is joining the International Finance Corporation’s (IFC) initiative to help health care providers in East and West Africa get better access to life-saving equipment. The IFC is partnering with medtech suppliers worldwide in an initiative called the Africa Medical Equipment Facility (AMEF), to help small and medium-sized health care providers in East and West […]
Collaboration - April 6, 2022
Elekta and GE Healthcare collaborate
The two companies have signed a global commercial collaboration agreement in the field of radiation oncology. The collaboration enables them to provide hospitals a comprehensive offering across imaging and treatment for cancer patients requiring radiation therapy, they state. “Combining GE Healthcare’s imaging solutions with Elekta’s radiation therapy solutions will result in an even more compelling […]
Acquisition - April 4, 2022
AddLife acquires O’Flynn Medical and BioCat
AddLife acquires Irish company O’Flynn Medical and German company BioCat. O’Flynn Medical is an independent distributor offering product sales, rental and technical services to the hospital sector, private customers and nursing homes in Ireland. The company will become part of the Healthcare 21 Group, which AddLife acquired to the business area Medtech in 2021. O’Flynn […]
Collaboration - March 16, 2022
Elekta enters collaboration with IBA
Elekta has entered into a collaborative agreement with IBA to optimize quality assurance (QA) solutions. Radiation therapy departments and clinics using Elekta’s treatment delivery systems will benefit from QA solutions that are designed for these devices by streamlining workflows and improving access to measurement data, states Elekta “With this agreement, IBA will provide dosimetric QA […]
