Quidel Corporation Buys BioHelix for $10 Million+
Tue, 07 May 2013 00:00:00 GMT
Staying up-to-date has never been simpler. Sign up for the free GenePool newsletter today!SAN DIEGO, CA--(Marketwired - May 06, 2013) - Quidel Corporation (NASDAQ: QDEL), a provider of rapid...
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Quidel Completes Acquisition of BioHelix Corporation
Mon, 06 May 2013 20:05:00 GMT
SAN DIEGO, CA--(Marketwired - May 6, 2013) - Quidel Corporation (NASDAQ: QDEL), a provider of rapid diagnostic testing solutions, cell-based virology assays and molecular diagnostic systems, announced today that it completed the acquisition of BioHelix Corporation (BioHelix).
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Topera Medical Announces $25 Million Series C Financing
Fri, 26 Apr 2013 00:00:00 GMT
Staying up-to-date has never been simpler. Sign up for the free GenePool newsletter today!SAN DIEGO--(BUSINESS WIRE)-- Topera, Inc., a medical device company that has developed a novel mapping and targeting system for the identification of the sources that sustain complex cardiac arrhythmias...
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CRO Pays $22.5M to Dr. Reddy’s to Settle Lawsuit
Tue, 26 Mar 2013 21:51:59 GMT
Canada-based CRO Nordion paid $22.5 million last week to settle a lawsuit by Dr. Reddy’s Laboratories claiming Nordion breached its lab services agreement.
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The RIS is dead, long live the RWFMS?
Fri, 15 Mar 2013 20:57:47 GMT
In working with a client that is evaluating acquisition of a new PACS (Picture Archive and Communications System) and the addition of a RIS (Radiology Information System), discussions with Philips confirmed that they have discontinued their RIS! One of the premises for this is that so much of the RIS functionality has been taken over by the Electronic Medical Record (EMR) that there is no longer a need for a RIS!
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Grifols Buys 60 Pct of Progenika, Net Profit of $334 Million
Fri, 08 Mar 2013 00:00:00 GMT
Barcelona (ACN).- Grfols has bought 60% of the Basque biotechnology company Progenika Biopharmas capital, an investment of 37 million. The Catalan company is the worlds third leader in blood derivatives pharmaceutical products. The pharmaceutical company, which is based in Greater Barcelona, posted a net profit of 256.7 million for 2012, which quadruples the previous years results. In 2012, Gr...
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The Gores Group Acquires GE Healthcare Strategic Sourcing
Thu, 01 Jan 1970 00:00:00 GMT
LOS ANGELES--(BUSINESS WIRE)--The Gores Group, a leading Los Angeles-based investment firm, today announced that it has completed the acquisition of GE Healthcare Strategic Sourcing from GE Healthcare.
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Intersect nabs $30M for drug/device combo
Mon, 25 Feb 2013 16:10:59 GMT
Intersect ENT nailed down $30 million in new Series D funding that attracted major investor interest from Medtronic ($MDT) and a number of other high-profile players. Executives aren't wasting any time, and they are using the cash infusion to rapidly accelerate commercial expansion plans for the company's quarter-sized implants to treat chronic sinusitis. Story
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Illumina Completes Acquisition of Verinata Health
Thu, 01 Jan 1970 00:00:00 GMT
SAN DIEGO--(BUSINESS WIRE)--Illumina, Inc. (NASDAQ: ILMN) today announced it has completed its previously announced acquisition of Verinata Health, Inc., a leading provider of non-invasive tests for the early identification of fetal chromosomal abnormalities. As of the close, Verinata Health became a wholly owned subsidiary of Illumina. “We look forward to working with the talented team at Verinata to quickly integrate our two companies,” said Jay T. Flatley, President and Chief Executive Office
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Medtronic, Inc. Closes $66.2 Million Stake in Chinese Devicemaker
Wed, 30 Jan 2013 00:00:00 GMT
MINNEAPOLIS and Shenzhen January 30, 2013 Medtronic, Inc. (NYSE:MDT) and LifeTech Scientific Corporation (8122:HK) today announced the closing of a transaction creating a strategic alliance that brings together the resources and technologies of the world's largest medical device company with the local market expertise, brand recognition and growth potential of a recognized leader in China, which...
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Jeff Ellis, CFA 
