Sunday, December, 10, 2023 12:48:58
Category: Medical Devices
Reports suggest that the France based medical devices manufacturer Peters Surgical has invested more than 5 million euros (about Rs. 40 crores) for expanding its production facility in India. The investment has supposedly helped the company to grow its annual manufacturing capacity to 33 million …
Cantel Medical Corporation, a U.S.-based medical equipment company, has reportedly announced that it intends to acquire Omnia S.p.A, a renowned Italian dental surgical consumables provider. With the acquisition, Cantel Medical Corp. aims to further foray into the European market – which Omnia is a leading …
Verily, the life sciences division of Google’s parent Alphabet, has recently announced that it has halted the development of a smart contact lens designed for helping to monitor sugar levels. It was one of the company’s oldest and most high-profile projects and had begun in …
British engineering conglomerate, Smiths Group plc has recently announced plans to spin off its medical devices division to focus on emerging as a dedicated industrial technology company. As per a statement, Smiths claims that the parting will allow the medical unit, which develops artificial hip …
Several healthcare insurers have reportedly decided to participate in a new-fangled federal government program intended to lessen the time duration between the actual coverage decision for the medical equipment and the FDA approval. Sources claim that the move has been initiated in a bid to …
Software behemoth Microsoft is reportedly developing technologically advanced spectacles that incessantly monitor blood pressure all day, in a bid to reduce the risk of strokes and heart attacks. According to sources familiar with the development, these spectacles are presumed to have in-built hidden sensors at …
