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Medline reportedly considering sale
 | | Medline Industries Inc. (Northfield, IL) is reportedly exploring a sale that could value the medical-supply giant at as much as $30 billion, according to The Wall Street Journal. The family-owned company has hired Goldman Sachs Group Inc. to run the process. The sources said that an IPO or … |
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COVID-19 Report: Rituals Lost, Rituals Regained
 | | Extra tissue boxes and hand sanitizer were the only visible signs that something had changed. Rose, a tenured Professor in the College of Engineering at the University of Michigan, led a February 2020 meeting about an upcoming student project. Unspoken anxiety hung heavily in the air as reports from California raised fears of a novel coronavirus. Rose’s … |
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Zoll Medical Corporation acquires Respicardia, Inc.
 | | ZOLL Medical Corporation, an Asahi Kasei company, announced it has acquired Respicardia, Inc., a provider of novel implantable neurostimulators for the treatment of moderate to severe Central Sleep Apnea (CSA). Respicardia’s remede System, a treatment for CSA, is the only implantable device approved by the U.S. Food and Drug Administration (FDA) … |
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Vizient announces new membership agreement with Intermountain Healthcare
 | | Vizient, Inc. (Irving, TX) announced that Intermountain Healthcare (Salt Lake City, UT) signed a 10-year membership agreement that they say will enable a new level of collaboration as the two companies work together to implement a wide range of solutions and services aimed at providing patients access to high-quality care at the most affordable … |
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Medtronic launches GI Genius intelligent endoscopy module
 | | Medtronic plc (Dublin, Ireland) announced that the U.S. Food and Drug Administration (FDA) granted de novo clearance for GI Genius intelligent endoscopy module in the United States. According to the company, the GI Genius module is the first and only commercially available computer-aided detection (CADe) system using artificial intelligence (AI) … |
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FDA authorizes Thermo Fisher Scientific's new high-throughput, automated system for COVID-19 test
 | | Thermo Fisher Scientific Inc. (Waltham, MA) announced that the U.S. Food and Drug Administration (FDA) has granted Emergency Use Authorization (EUA) for the Thermo Fisher Scientific Amplitude Solution with the TaqPath COVID-19 High-Throughput Combo Kit. The Amplitude Solution enables clinical and public health laboratories to scale gold standard … |
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Microsoft acquires cloud and AI software company, Nuance Communications, Inc.
 | | Microsoft Corp and Nuance Communications, Inc. (Burlington, MA) announced they have entered into a definitive agreement under which Microsoft will acquire Nuance in an all-cash transaction valued at $19.7 billion, inclusive of Nuance’s net debt. Nuance is a cloud and AI software leader representing decades of accumulated healthcare and enterprise … |
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