APPLIERRS FOR POLYMER LIGATING CLIPS
Medical device giant Medtronic will lay off 35 people in Israel, or about 3% of the Israeli workforce (about 1,200 employees). Most of the layoffs in Israel will come from Mazor Robotics, which Medtronic acquired to develop robotic navigation systems for spinal surgery.
On May 10, 2024, the U.S. Food and Drug Administration (FDA) announced that Johnson & Johnson's Megadyne is voluntarily recalling its ultra-soft pediatric patient reflux electrode and discontinuing use of the product. Megadyne withdrew the product after reports of burns in patients using the electrodes. Root cause investigations include tests that show potential heat damage when multiple factors are present together.
On January 11, 2024, Mindray announced a five-year agreement with WakeMed Health & Hospitals (WakeMed), North Carolina, the 970-bed healthcare system, which has selected Mindray monitors for three of its hospitals. Including Mindray BeneVision Central Monitoring System (DMS) and BeneVision N series monitors.
Recently, Johnson & Johnson Medical Technology once again demonstrated its determination to expand its cardiovascular product line, with the acquisition of Shockwave Medical at a high price of $13.1 billion, further consolidating its leading position in the cardiovascular field. The deal follows the late 2022 acquisition of mini heart pump maker Abiomed, a $16.6 billion acquisition, and the 23-year $400 million acquisition of Laminar, a heart implant developer designed to reduce patients' long-term risk of stroke due to atrial fibrillation
On April 1, 2024, Haemonetics Corporation, a global blood technology giant, announced that it has completed the acquisition of Attune Medical, a manufacturer of esophageal cooling devices. The acquisition includes an upfront payment of $160 million, as well as certain milestone payments.