Latest Headlines

Latest Headlines

GeneWeave fits China antibiotic resistance fight, Decheng says

China-focused Decheng Capital said a deal by Roche valued at $425 million for U.S.-based antibiotic diagnostic firm GeneWeave is an important milestone for the firm and the prospects of bringing a sorely needed product into the China market.

India opens medical device industry to foreign direct investment

India's medical device industry will officially open Jan. 21 to unlimited foreign direct investment as the government kicks off what is expected to be a year of vast changes in the way it regulates the products.

Panasonic's bid to sell healthcare unit stake draws huge interest

A slew of potential bidders will likely bid for Panasonic's healthcare unit, boosting the Japanese consumer electronics giant's chances of raising as much as $1 billion to grow its med tech offerings.

Top 10 Big Pharma investments in China

The largest Big Pharma investments in China are about much more than just numbers; they tell the story of the fight over the biggest game in town. Each million-dollar headline marks the latest salvo in a struggle to take control of a market that could make or break Big Pharma players. Read the full report >>

Olympus, Sony ally on endoscope, med device development

Sony ($SNE) and Olympus ($OCPNY) will partner to develop and make new endoscopes and other medical devices, the companies disclosed today.

Report: Olympus close to securing Sony investment

Japan's Olympus ($OCPNY)--one of the world's biggest makers of endoscope equipment (as well as cameras)--appears close to inking a deal with Sony to gain a badly-needed capital infusion.

NEA debuts $2.6B venture fund, with device and Dx firms (partly) in mind

New Enterprise Associates has raised $2.6 billion, closing its 14th fund, one of the largest funds of its kind ever raised. NEA will zero in on medical device opportunities, plus biopharmaceutical and healthcare companies

Med device VC deals are rising but the dollar volume remains flat

The medical devices/equipment industry attracted $700 million in venture investment during the 2012 second-quarter for 84 deals, according to the new MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters.

Medtronic reportedly eyes stake in India's Trivitron Healthcare

Medtronic is negotiating with Trivitron Healthcare for a possible equity investment in the Indian medical technology company, the Business Standard reports.

Sorin devotes $8M to Cardiosolutions

For the second time in two weeks, Italy's Sorin Group has made a targeted effort to diversify its cardiac medical device offerings. Once again, its eyes are on a small U.S. company.