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ResMed Acquires Somnoware to Expand Sleep Management Offerings

ResMed Acquires Somnoware to Expand Sleep Management Offerings

by | Jul 6, 2023 2:08 pm | Laboratories, MRI & Dialysis, Medical Devices

ResMed announced its acquisition of Somnoware, a Sunnyvale, California-based provider of sleep and respiratory care diagnostics software. Somnoware is a cloud-based platform for enhanced respiratory care management. Somnoware designed its software to streamline the processes of physicians and sleep and pulmonary function testing labs as they diagnose and evaluate sleep and respiratory care test results. Through the platform, positive airway pressure (PAP) therapy can run more efficiently. The software can electronically provide PAP information directly into a patient’s electronic health record. ResMed develops, manufactures and markets medical equipment for the diagnosis, treatment and... Read More »
Luciole Medical Acquires Spiegelberg

Luciole Medical Acquires Spiegelberg

by | Jun 28, 2023 12:52 pm | Medical Devices

Luciole Medical AG, a Swiss medical technology company, announced on June 27 that it acquired Spiegelberg GmbH & Co. KG from SHS Capital. According to data captured in the LevinPro HC database, this transaction represents the 64th Medical Devices transaction of 2023.  Spiegelberg develops, produces and distributes products for intracranial pressure measurement, cerebrospinal fluid drainage and IAP measurement in more than sixty countries. The company is based in Hamburg, Germany. SHS Capital is a private equity firm in Tübingen, Germany. It has approximately $272 million in assets under management.  Luciole Medical AG is developing a unique next-generation platform of brain... Read More »
Gemspring Capital-Backed Zavation Acquires CoreLink

Gemspring Capital-Backed Zavation Acquires CoreLink

by | Jun 27, 2023 1:50 pm | Medical Devices, Private Equity

Zavation Medical Products, LLC, a portfolio company of Gemspring Capital, announced on June 26 that it has acquired CoreLink, LLC from The Stephens Group, LLC for an undisclosed price. According to data captured in the LevinPro HC database, this transaction marks the 62nd Medical Devices acquisition of 2023. The combination of Zavation and CoreLink brings together two highly complementary product portfolios across spine and interventional pain management, geographic footprints and customer bases spanning in-patient and outpatient delivery of care. Zavation and CoreLink will continue to operate under their respective brands and the combined business will be led by Zavation CEO Jeffrey... Read More »
International Isotopes Acquires AMICI’s Line of Nuclear Lung Ventilation Products

International Isotopes Acquires AMICI’s Line of Nuclear Lung Ventilation Products

by | Jun 22, 2023 4:11 pm | Medical Devices

International Isotopes, Inc. announced on June 21 that it acquired AMICI Inc.’s line of nuclear lung ventilation products. AMICI is a leading manufacturer and distributor of diagnostic and therapeutic products for lung ventilation. This includes masks, mouthpieces, backer/virus filters and the Swirler Radioaerosol System that maximizes airflow. The company was founded in 1978.  The acquisition of AMICI’s nuclear lung ventilation products includes the manufacturing molds, device registrations, trademarks and all production rights. International Isotopes supplies sodium iodide I-131 as an FDA approved generic drug product and manufactures a full range of nuclear medicine... Read More »
Telix Expands Late-Stage Urologic Pipeline with Acquisition of Lightpoint Medical

Telix Expands Late-Stage Urologic Pipeline with Acquisition of Lightpoint Medical

by | Jun 21, 2023 10:14 am | Medical Devices

Telix Pharmaceuticals Limited announced on June 21 it has entered into an agreement to acquire Lightpoint Medical and its SENSEI® radio-guided surgery business. Lightpoint Medical is a technology leader in precision-guided robotic cancer surgery. The company develops and markets miniaturized imaging and sensing tools for advanced intra-operative cancer detection. Lightpoint Medical has developed SENSEI, a miniaturized surgical gamma probe for minimally-invasive and robot-assisted surgery. Telix Pharmaceuticals Limited is a biopharmaceutical company focused on the development and commercialization of diagnostic and therapeutic radiopharmaceuticals. Telix is developing a portfolio of... Read More »
International Isotopes Acquires AMICI’s Line of Nuclear Lung Ventilation Products

Avanos Medical Announces Agreement to Acquire Diros Technology

by | Jun 20, 2023 12:28 pm | Medical Devices

Avanos Medical, Inc. announced that it has entered into a definitive agreement to acquire Diros Technology Inc. in Markham, Canada. Diros Technology Inc. is a leading manufacturer of innovative radiofrequency products used to treat chronic pain conditions. Avanos Medical, Inc. is a medical technology company focused on delivering clinically superior breakthrough medical device solutions to improve patients’ quality of life. Headquartered in Alpharetta, Georgia, Avanos is committed to addressing some of today’s most important healthcare needs, such as reducing the use of opioids while helping patients move from surgery to recovery. Avanos develops, manufactures and markets its... Read More »