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MedTech Industry Dynamics
News Center
MedTech Industry Dynamics
Strategic Development
Trace Medical Acquires Majority Stake in LiViliti to Expand Respiratory Hygiene Portfolio
Trace Medical has acquired a majority interest in LiViliti Health Products, following FDA 510(k) clearance for LiViliti’s Paptizer 360, a Class II respiratory accessory microbial reduction device for CPAP equipment.
Products & Technologies
Okami Medical Receives FDA Expanded Indication for LOBO Vascular Occluder in Peripheral Veins
Okami Medical has received FDA expanded indication for its LOBO Vascular Occlusion System, extending its use into peripheral veins and broadening embolization options for patients with venous conditions such as pelvic venous disease and portal hypertension.
M&A
GE HealthCare to Acquire SOFIE Biosciences for $945 Million to Expand U.S. PET Radiopharmaceutical Supply
GE HealthCare has entered a definitive agreement to acquire SOFIE Biosciences, a U.S.-based PET radiopharmaceutical contract manufacturing organization, for $945 million in cash, establishing a “final mile” footprint for PET radiopharmaceutical supply and adding U.S. rights to the Phase III FAPI-74 radiotracer.
Financing
Archeon Medical Secures $9 Million Series A to Advance Ventilation System for Cardiac Arrest
Archeon Medical has closed a $9 million (€7.5 million) Series A financing round to accelerate U.S. clinical validation and commercial scale-up of EOlife, a real-time ventilation feedback device designed to improve cardiac arrest resuscitation survival and neurological outcomes.
