- 041MarketSource · Medical Design & Outsourcing
Data breaches are killing more deals than anything else, these M&A lawyers say
M&A lawyers specializing in medical device companies report that data breaches are increasingly derailing acquisition and divestiture deals in the medtech sector. The commentary follows a year marked by significant consolidation activity and private-equity involvement among the world's largest device manufacturers, with cybersecurity risk now emerging as a critical deal-killer alongside traditional financial and operational due diligence factors.
- 042MarketSource · Medical Device Network
Everlywell and Waters team up for at-home HPV screening
Everlywell partnered with Waters Corporation to distribute the Onclarity HPV Self-Collection Kit, an at-home cervical cancer screening device. The kit uses the BD Onclarity HPV Assay for testing. The partnership expands patient access to at-home HPV screening options.
- 043MarketSource · Medical Design & Outsourcing
UltiMaker and Bioactivx advance on-demand 3D-printed wound care
UltiMaker, a professional 3D printing vendor, has signed a memorandum of understanding with Bioactivx, a Singapore medtech startup, to develop on-demand 3D-printed wound care solutions. Bioactivx has received Health Sciences Authority approval for end-use medical implants, positioning the partnership to scale personalized wound care manufacturing.
- 044MarketSource · Medical Device Network
Evvy secures $40m to validate AI-based women’s health diagnostics
Evvy raised $40 million in Series B funding to advance its AI-powered diagnostic platform for women's health. The round was oversubscribed, marking a significant capital infusion for the company to validate its diagnostic models and expand its care offerings in the women's health sector.
- 045MarketSource · Medical Device Network
BRAINBox and Prolight sign supply agreement for concussion tests
BRAINBox Solutions has signed a supply agreement with Prolight Diagnostics to obtain Psyros instruments and cartridges for delivery of concussion diagnostic and prognostic tests in point-of-care settings. The partnership enables BRAINBox to expand distribution of its concussion assessment offering.
- 046MarketSource · Medical Device Network
Apollo rumoured to be eyeing $20bn takeover of J&J’s orthopaedics business
Apollo is reportedly in talks to acquire Johnson & Johnson's orthopaedics division, DePuy Synthes, in a deal valued around $20 billion. The acquisition would occur as part of J&J's planned spin-out of the orthopaedics unit. Terms and timeline remain unconfirmed.
- 047MarketSource · MedCity News
Inspiren Rakes In $70M to Scale Its AI-Powered Senior Living Platform
Inspiren, a developer of an AI-powered senior living platform that uses ambient sensors and computer vision to predict falls, closed a $70 million Series C funding round led by NewView Capital. The funding will support scaling of the platform's predictive fall-detection capabilities for senior care facilities.
- 048MarketSource · Medical Device Network
Axogen deepens nerve repair portfolio through $200m BioCircuit takeover
Axogen acquired BioCircuit Technologies for $200 million to expand its peripheral nerve repair portfolio, adding NerveTape, a sutureless nerve repair device, to its product line. The deal aims to accelerate market adoption of the technology and strengthen Axogen's position in the nerve repair sector.
- 049MarketSource · Medical Device Network
Senphonix secures NSF grant for SleeveSense wearable development
Senphonix secured an NSF STTR Phase I grant to advance SleeveSense, a wearable vital signs monitoring platform. The funding supports continued development of the device, which monitors patient health metrics in a wearable form factor.
- 050MarketSource · Medical Design & Outsourcing
Velosity acquires Lucid to expand medtech engineering capabilities
Velosity, a portfolio company of Graham Partners, has acquired Lucid to expand its engineering and innovation capabilities for medical device manufacturers. The acquisition strengthens Velosity's service offerings from concept development through full-scale production, complementing its existing clean room injection molding expertise and outsourced manufacturing operations.
- 051MarketSource · Medical Device Network
Siemens Healthineers completes $43.6m revamp of PET detector site in Tennessee
Siemens Healthineers completed a $43.6 million upgrade of its PET detector manufacturing facility in Rockford, Tennessee, the company's sole global production site for detectors used in its PET/CT imaging systems. The investment reflects capital commitment to domestic medical imaging equipment manufacturing.
- 052MarketSource · Medical Design & Outsourcing
Ensurge relocates San Jose operations to advance microbattery development
Ensurge Micropower relocated its San Jose operations to a new facility to accelerate solid-state microbattery development and pilot-line capabilities. The move is expected to reduce facility overhead from 30% to 10% of monthly operating expenses, freeing resources for customer engagement and product advancement.
- 053MarketSource · Medical Device Network
DermaSensor completes $5m fundraise following new partnership quadruplet
DermaSensor completed a $5 million Series B funding round following the announcement of four new partnerships, including a supplier agreement with Henry Schein. The financing and partnerships expand the company's distribution and commercial reach in the dermatology equipment space.
- 054MarketSource · Medical Device Network
Labcorp acquires MLM Medical Labs to expand global central lab network
Labcorp has acquired MLM Medical Labs to expand its global central laboratory network and biomarker testing capabilities for clinical studies. The deal strengthens Labcorp's service offerings in clinical trial support and laboratory diagnostics.
- 055MarketSource · MedCity News
Forus Secures $150M Series C, Reaches $3B Valuation
Forus, an AI-powered diagnostic imaging software company, raised $150 million in Series C funding led by Bain Capital Ventures, valuing the company at $3 billion. The round included participation from Thrive Capital, General Catalyst, Accel, Redpoint, and eight other venture firms.
- 056MarketSource · Medical Device Network
OncoSil Medical secures funding for cancer device launch
OncoSil Medical has secured A$5.6 million ($4.03 million) in funding commitments to support the launch of its single-use brachytherapy device for cancer treatment. The capital raise will enable commercialization of the device.
- 057MarketSource · Medical Device Network
Boston Scientific on road to recovery following cyberattack
Boston Scientific experienced a cyberattack on August 25 that disrupted global operations. The company is now in recovery mode following the incident. No details on impact scope, systems affected, or timeline to full restoration were provided.
- 058MarketSource · MedCity News
Oracle Health Execs Subpoenaed After VA Contract Costs Nearly Triple
The House VA Committee voted unanimously to subpoena Oracle Health executives Larry Ellison and Mike Sicilia after the Department of Veterans Affairs electronic health record contract swelled from $10 billion to $27 billion. Oracle had previously pledged to Congress it would cover overages beyond the original cap. The cost escalation has triggered congressional scrutiny of the vendor's accountability and contract performance.
- 059MarketSource · Medical Device Network
IVL adoption grows, but consistency remains the real test
Intravascular lithotripsy (IVL) adoption is increasing in interventional cardiology, though widespread implementation remains limited by practical constraints. The trend reflects growing clinical acceptance, but standardization and consistency across centers will determine whether IVL becomes routine practice.
- 060MarketSource · Medical Device Network
Elucid raises $55m to advance cardiovascular diagnostic portfolio
Elucid announced a $55 million funding round to accelerate commercial expansion of its cardiovascular diagnostic platform, including its Plaque-IQ diagnostic tool. The proceeds will support scaling of the clinical platform serving cardiologists and related specialists.
- 061MarketSource · Medical Device Network
PixCell Medical and Inter Medico to distribute HemoScreen across Canada
PixCell Medical has partnered with Inter Medico to distribute its HemoScreen haematology analyser across Canada. The deal expands PixCell's geographic footprint into the Canadian market through a regional distributor agreement.
- 062MarketSource · Medical Device Network
Flosonics awarded $70m BARDA contract for wearable’s advance into trauma care
Flosonics Medical received a $70 million BARDA contract to develop FloPredict, an AI algorithm designed to support trauma care and mass casualty event response. The contract funds advancement of the company's wearable technology platform for emergency and critical care applications.
- 063MarketSource · Medical Device Network
Medtronic raises FY27 outlook after reporting strong Q1 growth
Medtronic raised its fiscal 2027 outlook following strong first-quarter results, with cardiac ablation solutions delivering 29.5% year-over-year growth as the electrophysiology business's top performer. The company's positive guidance reflects momentum across its portfolio segments.
- 064MarketSource · Medical Device Network
Scan.com secures $220m to expand US medical imaging network
Scan.com raised $220 million in combined equity and debt financing to expand its US medical imaging network. The funding will support the company's growth in diagnostic imaging services and infrastructure across the country.
- 065MarketSource · Medical Device Network
Kardium secures $22.5m funding for pulsed field system manufacturing
Kardium secured up to $22.5 million in funding from the Government of Canada to support manufacturing of its Globe Pulsed Field System in British Columbia. The pulsed field ablation technology is used for cardiac arrhythmia treatment. The funding backs production capacity expansion for the minimally invasive cardiac device.
- 066MarketSource · Medical Device Network
Boston Scientific impacted by ongoing cyberattack
Boston Scientific disclosed a cyberattack discovered on 25 August that has caused global operational disruptions. The incident affects the medical device supplier's IT systems and poses supply-chain risks to customers and distributors relying on the company's ordering, fulfillment, and support infrastructure.
- 067MarketSource · Medical Device Network
PENTAX broadens MAGENTIQ EYE partnership for global AI colonoscopy
PENTAX Medical has expanded its partnership with MAGENTIQ EYE to accelerate global deployment of AI-assisted colonoscopy technology. The collaboration aims to increase adoption of AI-enabled diagnostic capabilities across PENTAX's endoscopy portfolio in international markets.
- 068MarketSource · MedCity News
Onos Health Raises $17M to Expand AI-Powered Behavioral Health Platform
Onos Health closed a $17M Series A funding round led by Costanoa, with participation from Flare Capital Partners and CVS Health Ventures. The funding will support expansion of the company's AI-powered behavioral health platform.
- 069MarketSource · MedCity News
Cyberattack Disrupts Boston Scientific’s Operations: 7 Things to Know
Boston Scientific disclosed a cyberattack affecting its global IT systems and order-fulfillment capabilities, with no timeline given for service restoration. The incident marks the latest major breach to hit a tier-one medtech vendor in 2026, following similar attacks on Stryker, Medtronic, and Abbott. Supply chain disruptions and operational impacts remain uncertain pending system recovery.
- 070MarketSource · Medical Device Network
Hike Medical raises $22.5m to advance medical equipment supply provision
Hike Medical secured $22.5 million in funding to enhance its platform for clinician ordering workflows in durable medical equipment and orthotics supply. The capital will support technology development aimed at accelerating patient delivery timelines in the DME and orthotic space.
- 071MarketSource · Medical Device Network
IceCure and Scovas agree for ProSense distribution in Netherlands
IceCure Medical has signed an exclusive distribution agreement with Scovas Medical to supply ProSense cryoablation systems in the Netherlands. The deal expands IceCure's market reach in the region through a specialized distributor partner.
- 072MarketSource · Medical Design & Outsourcing
What private equity means for medtech OEMs, suppliers and their employees
Private equity investment in medical device manufacturers and suppliers is accelerating as investors seek higher returns than public markets offer. The trend affects OEM profitability, operational strategy, and workforce dynamics across the medtech supply chain, reshaping vendor consolidation and competitive positioning.
- 073MarketSource · Medical Design & Outsourcing
Smith+Nephew to partner with Imperial College London for robotic surgery research center
Smith+Nephew announced a five-year partnership with Imperial College London to establish a research center focused on musculoskeletal robotic surgery. The collaboration will combine the company's expertise with academic research to co-develop new robotic surgical solutions, marking the first such partnership for both organizations in this domain.
- 074MarketSource · Medical Device Network
Shape Memory Medical secures $10m to advance aortic clinical trials
Shape Memory Medical closed a $10 million funding round led by August Global Partners to advance clinical trials for its aortic device portfolio. The financing supports the company's development of cardiovascular interventions targeting aortic pathology.
- 075MarketSource · Medical Device Network
Olympus-backed MaxQ Medical raises $31.5m for prostate care platform’s advancement
MaxQ Medical, backed by Olympus, raised $31.5 million to advance its integrated prostate care platform that combines imaging with tissue-selective therapy in a single transurethral procedure. The funding supports continued development and commercialization of the technology, which addresses minimally invasive treatment of benign prostatic hyperplasia and related conditions.
- 076MarketSource · Medical Device Network
Renata Medical raises $25m to advance paediatric stent system
Renata Medical raised $25 million in funding to advance Minima, a pediatric stent system designed for congenital heart defects in children. The capital will support continued development and commercialization of the device.
- 077MarketSource · MedCity News
Happy Health Snags $75M to Support Home-Based Care
Happy Health secured $75 million in funding from ARCH Venture Partners and OpenLoop to expand home-based care operations. The round supports the company's growth in delivering medical services and support to patients in home settings.
- 078MarketSource · Medical Device Network
Perimeter and Culturewell launch hospital infection surveillance programme
Perimeter and Culturewell have launched a joint hospital infection surveillance programme that combines room-level surface sampling with building-level wastewater sequencing. The partnership pairs each company's diagnostic and monitoring capabilities to offer hospitals integrated pathogen detection across environmental and waste streams.
- 079MarketSource · Medical Device Network
Happy Health raises $75m for continuous healthcare platform’s expansion
Happy Health, whose smart ring received FDA clearance in September 2024 for obstructive sleep apnea diagnosis, has raised $75 million to expand its continuous healthcare platform. The funding will support broader development and commercialization of the wearable device and related analytics capabilities.
- 080MarketSource · Medical Design & Outsourcing
Qosina launches regulatory services for device developers and manufacturers
Qosina, a medical device component supplier, has launched regulatory services for device developers and manufacturers. The new offering addresses compliance challenges arising from unexpected supply chain changes and material substitutions, according to CEO Lee Pochter. The service expands Qosina's traditional role as a supplier into consulting and regulatory support.