Syneron buys Pharos for $15.95M; Cook Medical looks to triple Asian sales;

> Syneron Medical has acquired privately-held Pharos Life Corporation, a leading manufacturer of home-use light therapy for aesthetic procedures, for $15.75 million. Syneron release

> Privately-held Cook Medical expects to nearly triple its sales in Asia by the middle of the decade. Report

> Medtronic has received CE Mark for the Medtronic CoreValve System to be delivered through a novel approach, which would allow access through the subclavian artery located beneath the collar bone. Release

> NinePoint Medical, which develops pathology medical devices, has licenced certain exclusive rights in multiple fields to 188 patents and patent applications owned by Massachusetts General Hospital. NinePoint release

And Finally... A study partially funded by the medical device industry finds that the FDA's slow rate of new device approval (as compared to the European Union) is stifling innovation and new products. Report

Suggested Articles

The clinical testing giant LabCorp will now begin rolling out a blood test for lung cancer developed by Resolution Bioscience.

Cognoa aims to equip pediatricians with an AI-powered app that can spot the signs of autism, allowing them to diagnose in the doctor's office.

Longitude Capital invests in what its founders call “transformative healthcare companies," working in areas they hope will increase quality of life.