Scios And Medtronic To Develop Heart Failure Treatment

Scios Inc. has announced its entry into a research collaboration with Medtronic, Inc. to study the effects of Scios’ investigational agent Natrecor (nesiritide) in combination with Medtronic’s heart failure devices and implantable infusion systems. “We are excited to establish this collaboration as both Scios and Medtronic have a shared commitment to the diagnosis and management Read more about Scios And Medtronic To Develop Heart Failure Treatment[…]

Smith & Nephew Forms Joint Venture With Beiersdorf

Smith & Nephew plc and Beiersdorf AG have announced the creation of a global joint venture that will combine their traditional woundcare, casting, bandaging and phlebology businesses and have pro forma annual sales in excess of £300m. Smith & Nephew has also agreed to acquire the advanced woundcare business of Beiersdorf for £30m in cash. Read more about Smith & Nephew Forms Joint Venture With Beiersdorf[…]

Ciba Vision Completes Acquisition Of Wesley Jessen

CIBA Vision Corporation, the eye care unit of Novartis AG has completed the merger of WJ Acquisition Corp., an indirect wholly owned subsidiary of Novartis, with and into Wesley Jessen VisionCare, Inc. Wesley Jessen is now an indirect wholly owned subsidiary of Novartis. The acquisition of Wesley Jessen is an important move for CIBA Vision Read more about Ciba Vision Completes Acquisition Of Wesley Jessen[…]

Med-Design Signs World-Wide License Agreement With BD

The Med-Design Corporation has signed a Binding Letter of Agreement with respect to the material terms for the grant to BD (Becton Dickinson) of the exclusive worldwide license to utilize Med- Design’s patent rights and know-how in the manufacture and sale of safety syringe products. This agreement requires final Board approval from both companies and Read more about Med-Design Signs World-Wide License Agreement With BD[…]

Drug Delivery Device Supply Agreement For Boston Life Sciences And Codman & Shurtleff

Boston Life Sciences, Inc. has announced it has entered into an agreement with Codman & Shurtleff, Inc., a Johnson & Johnson subsidiary, related to BLSI’s development of Inosine for stroke. Under the agreement, Codman will supply BLSI with implantable pumps and catheters for BLSI’s preclinical and clinical studies for Inosine, and in exchange, Codman will Read more about Drug Delivery Device Supply Agreement For Boston Life Sciences And Codman & Shurtleff[…]

Dj Orthopedics Acquires Bone Growth Stimulation Business

dj Orthopedics, Inc., a designer, manufacturer, and marketer of products and services for the orthopedic sports medicine market, has closed its acquisition of the bone growth stimulation device business from OrthoLogic Corporation. “We are very pleased to close this important acquisition,” said Les Cross, president and CEO of dj Orthopedics. “Strategically, this acquisition opens up Read more about Dj Orthopedics Acquires Bone Growth Stimulation Business[…]

Siemens Life Support Systems Bought By Getinge For Eur150 Million

Sweden’s Getinge AB has announced it has agreed to buy Siemens Life Support Systems, a division of Siemens Medical Solutions, for about EUR150 million. In addition, Getinge said it will assume net assets worth about EUR50 million. It said the cost of integrating Siemens LSS is expected to be at most EUR25 million, resulting in Read more about Siemens Life Support Systems Bought By Getinge For Eur150 Million[…]

A.I. Software Acquires Patented Stem Cell Expansion Technology

A.I. Software, Inc., has reached an agreement with the Weitzman Institute of Science and Technion — Israel Institute of Technology to acquire the exclusive rights of stem cell expansion technology. Researchers at Israel’s top research institutions have developed a unique advanced technology in its early stages that expands stem cells from umbilical cord blood without Read more about A.I. Software Acquires Patented Stem Cell Expansion Technology[…]

Cell Robotics Signs Technology License Agreement With BD

CELL ROBOTICS INTERNATIONAL, INC. has extended its intellectual property coverage of the Lasette product line by licensing a key patent from BD (formerly Becton, Dickinson and Company) of Franklin Lakes, NJ. Specific terms and conditions of the Agreement were not disclosed. Dr. Ronald K. Lohrding, Cell Robotics’ President and CEO said, “We are delighted to Read more about Cell Robotics Signs Technology License Agreement With BD[…]

Metasensors And Masimo Sign License And Development Agreement

Metasensors, Inc, and Masimo Corporation have announced a license and development agreement to incorporate the Masimo Signal Extraction Technology (Masimo SET) with Metasensors’ microfluidic technology based products. The combined OEM products will subsequently be licensed by Metasensors and Masimo to leading companies around the world. Metasensors’ cardiac output monitor, the metaCOM, will be the first Read more about Metasensors And Masimo Sign License And Development Agreement[…]