In Brief: OEC Medical Systems
This article was originally published in The Gray Sheet
Executive Summary
OEC Medical Systems: Obtains worldwide distribution rights for ten years to Barwig Medizinische Systeme GmbH's compact, C-arm mobile x-ray imaging system as part of an agreement under which OEC took a 19.8% stake in Germany-based BMS. U.S. introduction of the C-arm product, to be marketed under the name Compact7600, is pending FDA clearance. OEC projects that the product "will account for up to 10% of sales within two years of introduction." The company says the deal, announced June 8, also grants it an option to increase its stake in BMS firm to 52%...
You may also be interested in...
Ultrahuman Expands Wearable Medtech Production Into US After $35M Funding Round
Firm operating in London, India and United Arab Emirates says its “Ultra Factory” will open in Indiana within the next six months with end-to-end production based on its operational facility in India.
Cochlear’s Osia System Receives Expanded FDA Clearance For Use In Younger Children
Kids ages 5 and up now can benefit from Cochlear’s Osia implant and sound processor, indicated for hearing loss, mixed hearing loss and single-sided sensorineural deafness.
MAISI: Navigating The 'Valley Of Death' In Medtech Research Translation
Translating research from proof of concept to clinical investigations is a difficult hurdle to overcome. To succeed, researchers need to design their technology for industrial standard manufacturing early on, Anne Vanhoestenberghe, director for the Manufacture of Active Implants and Surgical Instruments (MAISI), told Medtech Insight.