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Medical Device Lawsuit Alerts
- Petition for Inter Partes Review by Hamilton Technologies LLC of Fleur Tehrani’s U.S. Patent No. 7,802,571 (Inter Partes Review Instituted)
- Petition for Inter Partes Review by Materialise NV of Osteoplastics, LLC’s U.S. Patent No. 9,626,756
- Petition for Inter Partes Review by Materialise NV of Osteoplastics, LLC’s U.S. Patent No. 9,275,191
- Petition for Inter Partes Review by Materialise NV of Osteoplastics, LLC’s U.S. Patent No. 8,781,557
- Petition for Inter Partes Review by Globus Medical, Inc. of Moskowitz Family LLC’s U.S. Patent No. 8,353,913 (Inter Partes Review Denied)
Recent Medical Device News
- Siemens to acquire Varian for $16.4 Billion
- Presidio Medical Announces $30 Million Financing Round Led by Invus Opportunities
- Polares Medical Closes a $40M Financing to Complete Pilot Clinical Studies
- CVRx Raises $50 Million in New Equity Financing
- Medtronic Makes Offer for Medical Device Maker Intersect
Philips Acquires BioTelemetry for $2.8B
By Sean KimRoyal Philips NV acquired BioTelemetry, Inc. for $2.8 billion US dollars. Headquartered in Malvern, Pennsylvania, BioTelemetry provides cardiac diagnostics and monitoring tools that, according to the press release, are expected to add to Philips’ line of hospital-based patient monitoring solutions. As the COVID-19 pandemic drives up demand for telehealth and remote patient monitoring, Philips expects BioTelemetry business to contribute to sales growth and adjusted EBITA margin in 2021 and deliver double-digit growth and improve profit margins to more than 20% by 2025. According to Frans v...
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