In its second acquisition this year, Nellcor will purchase a privately-owned Canadian manufacturer of sleep diagnostic products used in the sleep lab. Terms of the deal were not disclosed. Melville Software will be integrated in Nellcor's home healthcare subsidiary, EdenTec. "Melville sleep lab products are an excellent strategic fit with EdenTec portable sleep products and the recently acquired Pierre Medical therapeutic products," Nellcor's CEO Raymond Larkin says.
Nellcor adds sleep diagnostics:
In its second acquisition this year, Nellcor will purchase a privately-owned Canadian manufacturer of sleep diagnostic products used in the sleep lab. Terms of the deal were not disclosed. Melville Software will be integrated in Nellcor's home healthcare subsidiary, EdenTec. "Melville sleep lab products are an excellent strategic fit with EdenTec portable sleep products and the recently acquired Pierre Medical therapeutic products," Nellcor's CEO Raymond Larkin says.
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Medtronic announced it received expanded MRI labeling for its DBS systems, which is critical, given that almost 70% of all DBS-eligible patients will likely need an MRI at some point in their care, says Ashwini Sharan, CMO for Medtronic Neuromodulation.
In this episode, Medtech Insight reporter Natasha Barrow speaks to LungLife AI CEO Paul Pagano. Lung Life AI is a US-based AIM-listed medical technology company that has developed a liquid biopsy test for the early detection of lung cancer called Lung LB. Pagano runs through the highlights of Lung Life AI journey to date and its future ambition for a strategic partnership. He also provides advice to similar diagnostic companies seeking reimbursement andcompliance with the US FDA Lab Developed Test ruling.
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