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Lemaitre’s Bold Acquisition Has Been a Long Time Coming

LeMaitre Vascular has acquired Artegraft for $90 million, including $72.5 million in cash paid at closing. The Burlington, MA-based company will pay up to $17.5 million in potential earnout payments based on future sales of the acquired business. As part of the deal, LeMaitre will continue to operate Artegraft’s manufacturing facility in North Brunswick, NJ […]

Preparing for the EU Medical Device Regulation

Despite a delay to the EU MDR, there are many changes for medical device manufacturers to put in motion now. Can freelance scientists help? The EU Parliament has adopted the EU Commission’s proposal to postpone enforcement of the EU Medical Devices Regulation (MDR) by one year until May 2021. The decision to delay was made […]

Six million more to benefit as NHS locks in the benefits of stronger partnerships

The NHS and its partners will be able to ‘lock in’ improvements to their work by putting whole-system planning at the heart of coronavirus recovery plans, the NHS’s Chief Operating Officer said today. The comments came as NHS England and NHS Improvement confirmed four new ‘integrated care systems’, together serving more than six million residents. […]

FDA Authorizes First COVID-19 Test Using Saliva Collected at Home

FDA has given the green light to Rutgers Clinical Genomics Laboratory for its COVID-19 laboratory developed test (LDT), which now offers the option of using home-collected saliva samples. The test remains prescription only. To be clear, this isn’t the first test the agency has authorised with a home-collection option, but it is the first saliva-based COVID-19 […]

Pulmonx raises $66m to commercialize minimally-invasive emphysema treatment

Pulmonx announced today that it raised $66 million in a financing round led by global life science investor Ally Bridge Group. The Redwood City, Calif.-based company also received contributions from new investors Adage Capital Management, HealthQuest Capital, Partner Fund Management and Rock Springs Capital, along with existing investors. Pulmonx secured an additional $17 million in growth […]

Covid-19 pandemic: a wake-up call for domestic production of medical devices

According to GlobalData analysis, approximately 75,000 more ventilators and 5.6 billion N95 respirator masks are in demand due to the Covid-19 outbreak in the US. The crucial reality is that demand is much higher than domestic manufacturers’ ability to deliver. Supply chains have moved abroad for many years and are highly dependent on imports. To […]

Tesla Shows Off Prototype Ventilator For COVID-19 Patients Made Out Of Electric Car Parts

The coronavirus crisis has led Elon Musk to jump into the medical device industry, with SpaceX fabricating components for Medtronic MDT ventilators, corporate donations of BiPAP breathing machines that can be modified for use as non-invasive ventilators and promising to use a Tesla TSLA factory to produce ventilators. Now Tesla engineers have designed a prototype ventilator that uses parts adapted from […]

How the UK plans to source 30,000 ventilators for the NHS

The government is pursuing a three-pronged strategy to source 30,000 ventilators for the NHS to treat Covid-19 patients, ordering newly designed models, scaling up production of existing ones and importing machines from overseas. The defence firm Babcock joined the engineering company Dyson on Thursday in revealing plans for an entirely new medical ventilator working to specifications set by the […]

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  • Jun 2020

Lemaitre's Bold Acquisition Has Been a Long Time Coming

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