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Business

Siemens to Acquire CTI Molecular Imaging

Siemens Medical Solutions USA and CTI Molecular Imaging, Inc. have entered into a merger agreement under which Siemens will acquire CTI. More...
29 Mar 2005

Cardiac Science and Quinton Cardiology to Merge

In a move to combine their respective strengths in the development and marketing of cardiology devices, Cardiac Science and Quinton Cardiology Systems have agreed to merge. More...
17 Mar 2005

Encore Acquires OTI

The completion of the acquisition of Osteoimplant Technology, Inc. has been announced by Encore Medical. Encore paid about U.S.$14.5 million in cash for OTI, and will pay up to 1.5 million more in future milestone payments, as earned by OTI.
More...
13 Mar 2005

St. Jude to Acquire Velocimed

In a transaction designed to enlarge the company's line of interventional cardiology devices, St. Jude Medical, Inc. has agreed to acquire Velocimed, LLC for U.S.$82.5 million More...
11 Mar 2005

Siemens Wins Congress Awards

Siemens Medical Solutions won both first and second place honors at the 2004 Health Care Research and Innovations Congress for its Magnetom Espree MRI system and Somatom Sensation 64 CT system, respectively. More...
28 Feb 2005

ACMI Creates New Business Unit

In a move to concentrate on growth opportunities in women's health and other key surgical specialties, ACMI Corp. has created a new business unit called Gynecology and Surgical Specialties (GSS). More...
23 Feb 2005

Genzyme Acquires Verigen

In a transaction that will expand the company's orthopedic offerings, Genzyme Corp. has acquired Verigen AG for U.S.$10 million in initial payments More...
21 Feb 2005
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HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.
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