- 121MarketSource · Medical Design & Outsourcing
Covestro, Insulectro expand flexible electronics access
Covestro and Insulectro announced a partnership to expand access to advanced film materials and technical support for flexible electronics manufacturers across the Americas. The collaboration targets growing demand in stretchable circuits, wearable devices, medical technologies, and robotics applications.
- 122MarketSource · Medical Design & Outsourcing
WESTPAK adds vacuum decay CCIT testing service
WESTPAK, a contract testing lab serving pharmaceutical and medical device makers for over 40 years, has added Vacuum Decay CCIT (Container Closure Integrity Testing) to its service portfolio. The non-destructive leak detection method provides faster audit-ready results as regulatory requirements tighten. The service supports manufacturers validating sealed containers and closures for drug and device products.
- 123MarketSource · Medical Device Network
Novanta outlays $1.45bn for Riverpoint Medical buyout
Novanta announced the acquisition of Riverpoint Medical for $1.45 billion. The deal expands Novanta's footprint into minimally invasive surgery and strengthens its medical consumables portfolio, representing a significant strategic move to broaden its surgical and procedural device offerings.
- 124MarketSource · Medical Device Network
Sophia Genetics and MSK join forces to develop precision oncology hub
Sophia Genetics and Memorial Sloan Kettering Cancer Center have partnered to develop a precision oncology hub focused on multimodal approaches. The collaboration aims to advance diagnostic and treatment strategies in oncology through combined expertise in genetic analysis and clinical care.
- 125MarketSource · Medical Design & Outsourcing
Cordica Medical acquires RapidWerks micro-molding capability
Cordica Medical, a medical device contract development and manufacturing organization, has acquired RapidWerks' micro-molding capabilities. The acquisition expands Cordica's precision manufacturing capacity for miniaturized medical devices, adding dedicated automated micro-molding for mass production to its integrated design and manufacturing services.
- 126MarketSource · MedCity News
CereVasc Rakes In $85M to Challenge Traditional Brain Shunt Surgery
CereVasc closed an $85 million Series C funding round to support development of its eShunt system, a minimally invasive alternative to conventional brain shunt surgery for hydrocephalus treatment. The company expects to complete a pivotal clinical trial and submit to the FDA in 2027.
- 127MarketSource · Medical Device Network
CereVasc raises $85m to advance hydrocephalus treatment
CereVasc raised $85 million to advance development of eShunt, an implantable system for treating normal pressure hydrocephalus through cerebrospinal fluid drainage. The funding supports clinical advancement and commercialization of the device.
- 128MarketSource · Medical Device Network
ResMed completes $340m Noctrix Health acquisition
ResMed completed its acquisition of Noctrix Health for $340 million. Noctrix's lead product, Nidra, is a neuromodulation device targeting peroneal nerves to treat restless leg syndrome symptoms. The deal expands ResMed's portfolio in sleep and respiratory care.
- 129MarketSource · MedCity News
Novellia Snags $18M for Its Real-World Data Platform
Novellia raised $18 million in Series A funding to expand its real-world data platform, which enables patients to consolidate medical records and share anonymized data with pharmaceutical companies. The platform aims to improve drug research by sourcing more complete healthcare datasets directly from patient sources.
- 130MarketSource · Mobi Health News
Elation Health acquires Aster to expand AI-enabled EHR capabilities
Elation Health acquired Aster, an EHR startup focused on women's health, to expand its AI-enabled electronic health record capabilities. Elation, a California-based supplier of cloud-based clinical EHRs, telehealth services, and practice management software for primary care providers, added Aster's women's health specialization to its existing portfolio of digital tools for healthcare providers.
- 131MarketSource · Medical Device Network
Subtle Medical raises $33m, appoints new CEO to advance AI image software
Subtle Medical closed a $33 million Series C funding round and appointed industry veteran Ohad Arazi as CEO to lead global commercialization of its AI imaging software. The company develops artificial-intelligence tools for medical image processing and analysis.
- 132MarketSource · Medical Device Network
Veritas Aortic Solutions raises $12m for aortic disease treatment advance
Veritas Aortic Solutions secured $12 million in funding to advance its technology for treating acute aortic root and ascending aorta pathologies without open heart surgery. The company is developing a minimally invasive approach to address aortic disease, positioning itself as an alternative to conventional surgical intervention.
- 133MarketSource · Medical Device Network
Countable Labs raises $26m for PCR technology advancement
Countable Labs closed a $26 million funding round to advance its PCR technology platform, which the company claims delivers at least tenfold sensitivity improvement over conventional PCR. The capital will support product development and commercialization of the diagnostic tool.
- 134MarketSource · Healthcare IT News
Telehealth roundup: Amazon hires Amwell founder, Teladoc expands access and more
Amazon appointed Dr. Roy Schoenberg, founder of Amwell, as senior vice president of its Health Services division. Separately, Walmart integrated Teladoc Health services into its Better Care Services platform to expand customer access to third-party providers. GoodRx launched a new subscription service for generic medications.
- 135MarketSource · Healthcare IT News
AstraZeneca, Roche to boost digital pathology uptake in APAC and more briefs
AstraZeneca and Roche Diagnostics Asia Pacific signed a three-year memorandum of understanding to promote AI-powered digital pathology and biomarker testing for breast and lung cancer across nine Asian markets. The partnership aims to expand adoption of digital pathology solutions in the region.
- 136MarketSource · MedCity News
Walmart, Teladoc Team Up to Expand Access to Virtual Care
Walmart and Teladoc Health announced a partnership integrating Teladoc's virtual care services into Walmart's Better Care Services platform, expanding access to remote clinical consultations through the retail giant's existing consumer base and healthcare infrastructure.
- 137MarketSource · Mobi Health News
Signos raises $20M for glucose monitoring system for weight management
Signos, which makes an over-the-counter glucose monitoring system marketed for weight management, raised $20 million in funding from Dexcom, Google Ventures, and Blue Cross Blue Shield of Alabama. The funding round includes a partnership with Dexcom that will make Signos available through Dexcom's direct-to-consumer continuous glucose monitoring website.
- 138MarketSource · MedCity News
Oura Files for IPO As Healthcare Ambitions Grow
Oura, maker of smart rings for health monitoring, has filed for an initial public offering as it expands beyond sleep tracking into broader healthcare applications. The move signals the company's shift from consumer wellness toward clinical-grade monitoring and reflects growing investor appetite for wearable health-tech vendors.
- 139MarketSource · Mobi Health News
Swoop acquires Nimble expanding pharmacy connectivity services
Healthcare engagement platform Swoop has acquired prescription management platform Nimble to expand its pharmacy connectivity and medication fulfillment capabilities. The acquisition adds pharmacy integration services to Swoop's omnichannel marketing and engagement platform for life sciences vendors and healthcare providers.
- 140MarketSource · Medical Device Network
Olympus agrees $270m BioProtect buyout to expand prostate cancer offerings
Olympus has agreed to acquire BioProtect for $270 million to expand its prostate cancer treatment portfolio. BioProtect's primary product is a tissue-protection spacer system used during radiation therapy for prostate cancer. The acquisition strengthens Olympus's specialty medical and oncology device offerings.
- 141MarketSource · Medical Device Network
Align Technology to establish $200m manufacturing facility in India
Align Technology announced a $200 million investment to build a new manufacturing facility in Hyderabad, India, scheduled to open in 2027. The expansion marks the company's strategy to diversify production capacity and strengthen its supply chain in the Asia-Pacific region.
- 142MarketSource · Healthcare IT News
Innovaccer acquires CaduceusHealth with an eye toward autonomous RCM
Innovaccer acquired CaduceusHealth for $66 million to expand its revenue cycle management platform with enhanced capabilities for addressing claim denials. The deal adds agentic AI functionality to Innovaccer's RCM offerings, targeting a key pain point for healthcare providers managing high denial rates.
- 143MarketSource · Medical Device Network
Harnessing medtech market alliances, ŌURA sets IPO plans in motion
Oura, maker of the Oura Ring wearable health device, is planning an initial public offering following a $900 million funding round completed in October 2025 that valued the company at $11 billion. The IPO announcement reflects growing investor interest in consumer-facing medtech platforms and wearable health monitoring.
- 144MarketSource · Mobi Health News
Oura confidentially files for IPO as revenue growth soars
Oura, maker of health-tracking rings, has confidentially filed for an initial public offering with the SEC, seven months after closing a $900 million funding round that valued the company at approximately $11 billion. The filing follows reported strong revenue growth for the Finnish-American wearable vendor.
- 145MarketSource · Medical Device Network
Neurosoft Bioelectronics raises $7.5m to progress BCI development
Neurosoft Bioelectronics has raised $7.5 million in funding to support clinical trials and US commercialisation of its brain-computer interface (BCI) technology. The capital will advance the company's development and regulatory pathway for its neurotechnology platform.
- 146MarketSource · Medical Device Network
Medtronic to acquire SPR Therapeutics for $650m
Medtronic announced an agreement to acquire SPR Therapeutics for approximately $650 million in upfront cash. The deal expands Medtronic's chronic pain treatment portfolio, adding SPR's neuromodulation and pain-management technologies to the company's existing offerings in that therapeutic area.
- 147MarketSource · Mobi Health News
Neurosoft Bioelectronics garners $7.5M for brain-computer interface technology
Neurosoft Bioelectronics closed a $7.5 million seed funding round led by Skybound Venture Capital, bringing total funding to over $20 million. The company is developing minimally invasive brain-computer interface technology. The round was oversubscribed and included participation from IAG Capital Partners, Connecticut Innovations, and PL Capital.
- 148MarketSource · Healthcare IT News
Qualtrics eyes a data engine to predict the experiences patients want
Qualtrics completed its $6.75 billion acquisition of Press Ganey Forsta and plans to expand its human-experience-management platform by leveraging what it describes as the largest HX dataset globally. The company intends to integrate AI capabilities to shift experience management from reactive measurement to predictive analytics across industries, including healthcare applications focused on anticipating patient needs and aligning delivery with consumer expectations.
- 149MarketSource · Medical Device Network
Cagent Vascular raises $41m for dual-modality IVL platform advancement
Cagent Vascular raised $41 million in funding to advance its Serranator SONIC intravascular lithotripsy (IVL) system. The capital will support completion of a pivotal clinical trial and commercial readiness for the dual-modality platform, which combines sonic and mechanical energy to treat calcified lesions in coronary and peripheral vessels.
- 150MarketSource · Medical Device Network
Endologix purchases thrombectomy system from Surmodics
Endologix acquired the Pounce mechanical thrombectomy system from Surmodics, expanding its vascular intervention product portfolio. The acquisition adds a minimally invasive clot-removal device to Endologix's existing vascular and endovascular offerings.
- 151MarketSource · Mobi Health News
Alcidion buys Telstra Health patient flow assets and more briefs
Alcidion, an ASX-listed vendor, has agreed to acquire Telstra Health's Kyra patient flow solutions suite, which includes Kyra Patient Flow Manager, Kyra Queue Manager, and Kyra IQ. The acquisition expands Alcidion's enterprise patient flow software across Australia. Kyra products support inpatient and outpatient workflows including bed management, patient check-ins, wayfinding, referral management, triage, billing, data consolidation, and operational reporting.
- 152MarketSource · Medical Design & Outsourcing
AP Technologies acquires Blueacre Technology
AP Technologies acquired Blueacre Technology, an Ireland-based specialist in laser micromachining and nitinol processing for medical devices. The deal establishes AP Technologies' first European operation and expands its catheter platform to include laser-processed metallic components for minimally invasive surgical devices.
- 153MarketSource · Medical Design & Outsourcing
Robotics expert Brian Miller on product development, AI and what he learned at Intuitive
Brian Miller, former executive vice president and chief digital officer at Intuitive Surgical, has joined Sovato as CEO. Miller spent a long career at Intuitive, the leading surgical robotics company, and is now leading Sovato's efforts to scale telesurgery platforms. The move reflects executive-level shifts in the surgical robotics and digital surgery sector.
- 154MarketSource · Mobi Health News
Commure raises $70M, boosting post-money valuation to $7B
Commure, an AI-enabled healthcare software company, raised $70 million in Series D funding led by General Catalyst, bringing total funding to $750 million and post-money valuation to $7 billion. The company and its subsidiary Athelas provide AI tools to help healthcare providers with administrative workflows.
- 155MarketSource · Medical Device Network
Boston Scientific invests $1.5bn for equity stake in MiRus
Boston Scientific announced a $1.5 billion investment to acquire a 34% equity stake in MiRus, a developer of implants and procedural solutions. The investment underscores Boston Scientific's strategy to expand its portfolio in implantable devices and minimally invasive procedural technologies.
- 156MarketSource · Healthcare IT News
Epic gains ground as acute care EHR purchasing slows
Acute care electronic health record purchasing activity declined sharply in 2025 as health systems deferred major platform decisions due to economic pressure, policy uncertainty, and increased investment in AI technologies. Epic expanded its market share during the slowdown in overall EHR procurement.
- 157MarketSource · Medical Device Network
Artivion strengthens aortic arch portfolio with $135m Endospan acquisition
Artivion has completed a $135 million acquisition of Endospan following US regulatory approval of Nexus, an endovascular device for aortic arch syndrome treatment. The deal, structured under a 2019 agreement, expands Artivion's portfolio in the aortic intervention space and adds Endospan's technology platform to its surgical and interventional cardiology offerings.
- 158MarketSource · Medical Device Network
Embecta acquires Owen Mumford for $172.6m
Embecta completed its acquisition of UK-based Owen Mumford Holdings for $172.6 million. Owen Mumford is a medical device manufacturer whose product portfolio spans injection devices, diagnostic sampling systems, and drug delivery solutions. The deal expands Embecta's capabilities in patient-centric device design and drug delivery platforms.
- 159MarketSource · MedCity News
IKS Health Acquires ARAI to Build Out Specialized AI Stack
IKS Health has acquired healthcare AI startup ARAI to expand its automation technology capabilities and reduce reliance on third-party AI models. The acquisition strengthens IKS Health's proprietary AI infrastructure for its automation tools used across healthcare operations.
- 160MarketSource · Mobi Health News
9amHealth raises $26M for virtual specialty care platform and more funding news
9amHealth, a virtual specialty care platform focused on cardiometabolic health, closed a $26 million Series B round led by Define Ventures, with participation from SemperVirens, Catalio Capital Management, and NewHealth Ventures. The funding will support platform growth and enhancement. Define Ventures' founder will join the board.