Abiomed Successfully Completes All Impella Post-Approval Studies for High-Risk PCI, Cardiogenic Shock, Post-Cardiotomy Cardiogenic Shock and Right Heart Failure

DANVERS, Mass.–(BUSINESS WIRE)–Abiomed (Nasdaq: ABMD) announces the U.S. Food and Drug Administration (FDA) has accepted and closed the post-approval study reports related to the pre-market approvals (PMA) for Impella heart pumps. The FDA’s action is another affirmation that Impella heart pumps are safe and effective for cardiogenic shock, high-risk PCI, post-cardiotomy cardiogenic shock, cardiogenic shock … [Read more…]

Oxford Finance Provides $124.75 Million Credit Facility for the Acquisition of Four Autumn Lake Healthcare Skilled Nursing Facilities in Maryland

ALEXANDRIA, Va. & HOWELL, N.J.–(BUSINESS WIRE)–Oxford Finance LLC (“Oxford”), a leading specialty finance firm providing senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $124.75 million senior credit facility for the acquisition of four Autumn Lake Healthcare Skilled Nursing Facilities (“Autumn Lake” or “the Company”) located in Maryland … [Read more…]

VirtualHealth Launches New Care Management Solution HELIOS Essentials

Introducing HELIOS® Essentials, a New Medical Management Platform for Specialty Care Providers, Delegated Entities and Scaling Healthcare Organizations NEW YORK–(BUSINESS WIRE)–VirtualHealth is pleased to introduce HELIOS® Essentials, a new out-of-the-box configuration of their industry-leading HELIOS platform. HELIOS Essentials is uniquely designed for specialty care providers and mid-size healthcare organizations that require unparalleled configuration and powerful … [Read more…]

HighTide Therapeutics Appoints Daniel Ripley as SVP Business Development

ROCKVILLE, Md. & SHENZHEN, China–(BUSINESS WIRE)–HighTide Therapeutics, Inc. (“HighTide”), a clinical-stage biopharmaceutical company developing multifunctional therapies for metabolic and digestive diseases, today announced the appointment of Daniel Ripley as Senior Vice President of Business Development. Mr. Ripley has 25 years of experience in pharmaceutical business development. Most recently he served as Head of Global Business … [Read more…]

New Rehabilitation Hospital to Open in December under New Agreement Announced by Mercy and Lifepoint Rehabilitation

ST. LOUIS & BRENTWOOD, Tenn.–(BUSINESS WIRE)–Mercy and Lifepoint Rehabilitation, a business unit of Lifepoint Health, today announced a joint venture agreement for the new Mercy Rehabilitation Hospital South. The new facility is scheduled to open by the end of the year on the campus of Mercy Hospital South. Lifepoint Rehabilitation will manage the day-to-day operations … [Read more…]

Minnesota Experiencing Increase in Illicit Fentanyl Exposure

Millennium Health Releases Emerging Threat Intelligence™ Report to Help Prevent Opioid Overdoses SAN DIEGO–(BUSINESS WIRE)–Millennium Health announced today that illicit fentanyl positivity in Minnesota increased by 400% in patient samples from substance use disorder treatment practices tested during the first half of 2022 compared to 2019. The company released its analysis of urine drug test … [Read more…]

Rockley Photonics Appoints Healthcare Industry Veteran Richard A. “Randy” Meier President and Chief Financial Officer

Meier to focus on driving cash-efficient performance and enabling commercial production ramp OXFORD, England & PASADENA, Calif.–(BUSINESS WIRE)–Rockley Photonics Holdings Limited (NYSE: RKLY) (“Rockley”), a global leader in photonics-based health monitoring and communications solutions, today announced the appointment of Richard A. “Randy” Meier as president and chief financial officer (CFO), effective immediately. Meier will shape … [Read more…]

CitiusTech Announces Investment and Strategic Partnership from Bain Capital Private Equity

PRINCETON, N.J.–(BUSINESS WIRE)–#Kubernetes–CitiusTech (“the Company”), a leading provider of technology and consulting services to healthcare and life sciences companies, today welcomed Bain Capital Private Equity (“Bain Capital”). as an investor, joining existing shareholder BPEA EQT who acquired a majority stake in CitiusTech in 2019. Financial terms of the private transaction were not disclosed. “We are … [Read more…]

Corium and Gurnet Point Capital Announce Manufacturing Business Acquisition and a $100 Million Neuroscience Therapeutics Investment by Webster Equity Partners, Establishing Two Independent Growth Companies

Corium’s core capabilities—contract development & manufacturing and neuroscience therapeutics commercialization—sharpen focus by becoming independent companies Gurnet Point Capital and Webster will be investors in each of the two companies BOSTON & CAMBRIDGE, Mass.–(BUSINESS WIRE)–Corium, LLC (“Corium”), a commercial-stage biopharmaceutical company leading the development and commercialization of novel neuroscience therapies, and Gurnet Point Capital (“Gurnet Point”), … [Read more…]

Celera Motion Introduces World’s Smallest, Fastest Servo Drive

The new blisteringly fast Everest S is about 30% smaller, includes Dual-BISS-C feedback support and is ideal for surgical robots, exoskeletons and other applications BEDFORD, Mass.–(BUSINESS WIRE)–Celera Motion, an award-winning business unit of Novanta Inc., today announced the introduction of the world’s smallest and fastest servo drive. The new Everest S, the latest addition to … [Read more…]