On Sunday giant medical device company Medtronic entered into a definitive agreement to acquire another big medical device company, Covidien, for $42.9 billion in cash and stock. While the deal still needs to clear the required regulatory hurdles, the combined company would mark considerable consolidation in medtech. One financial analyst who follows the companies closely said it would likely...
In 2009 when Corventis first unveiled its technology, its main offering was an innovative fluid sensor, which was part of the array of sensors embedded in its peel-and-stick patch that was eventually named PiiX. One of the grave symptoms for heart failure patients is fluid collection in the heart -- a symptom that most remote monitoring companies track by simply keeping tabs on a patient's weight...
Last week, Teladoc acquired Consult A Doctor for an undisclosed sum. This news marked the eleventh acquisition so far this year.
Four months ago, MobiHealthNews compiled a list of six acquisitions that had occurred so far in 2013, starting in January when athenahealth bought Epocrates for $293 million. Just a month after that, Jawbone acquired Massive Health to improve its wearable health device...
When Medtronic acquired Minnesota-based home health company Cardiocom last week, it was easy to get confused. Medtronic, a company whose most famous product is an implantable heart monitor, could just as easily have bought Cardiocomm Solutions (two M's), a company with a mobile ECG monitor as its flagship product.
With a boom of young companies and, apparently, only a certain number of health-...
Cardiocom's Diabetes Management System.
Minneapolis-based implantable medical device maker Medtronic has acquired Chanhassen, Minnesota-based Cardiocom, a remote patient monitoring and disease management company, for $200 million in cash. As the Wall Street Journal reported, this acquisition represents a diversification for Medtronic, from it's core offering of implantable medical devices to...
By Orion Armon, IP Litigation practice group, Cooley LLP
Until now, the mHealth industry has experienced relatively few patent infringement conflicts, and little or no litigation instituted by non-practicing entities. But these trends may be disrupted within the next few years. Companies in the medical device, computer, networking, and communications industries are all patenting in the mHealth...
