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Criticare Systems Inc., the US-based manufacturer of medical equipment, has signed a definitive agreement to be purchased by leading Indian medical equipment manufacturer Opto Circuits for $70 million in an all-cash deal. Criticare manufactures vital signs monitors, anesthesia gas monitors,

Bill and Lew Allyn, grandsons of the founder of Welch Allyn, were named the 14th and 15th inductees into the Medical Distribution Hall of Fame. The two men were honored for playing a key role in bringing the medical device

DRE introduces the DRE Envoy PDM, a new, “all-in-one” central station telemetry monitor that features an intuitive patient data management system and an easy-to-use touchscreen. The DRE Envoy PDM (Patient Data Management) Wireless Telemetry System allows physicians to wirelessly monitor

US-based Medtronic Inc., manufacturer of a well-known line of defibrillators and AEDs including the popular Medtronic Physio-Control Lifepak 500 AED, has announced a joint venture with Hong Kong-based Shandong Weigao Group. Medtronic, which will own a 51% interest in this

A research study published in a recent issue of The New England Journal of Medicine reports that Americans stand a better chance of surviving a heart attack if they have it in a public place, such as a casino or

Skytron, a manufacturer of state-of-the-art medical equipment including surgical tables and surgical lights, has teamed with Clinical Engineering Consultants (CEC), located in Erlanger, Kentucky, to form Helios Technology Management. The new Helios team will perform high-level management functions such as

Philips Electronics continues to increase its presence in the medical equipment market by acquiring Respironics, a major player in the respiratory medical device industry. Two years ago Philips launched a big restructuring project, Vision 2010, intended to reshape the company

A Vietnam hospital that was struggling to provide medical services due to poor medical facilities has received a much-needed donation of medical equipment. The hospital of Na Ri district in Bac Kan province received a donation of an anesthesia machine

Royal Philips Electronics announced it will acquire US-based Emergin, Inc. This transaction is expected to close in the fourth quarter of 2007, at which time Emergin will become part of the Philips’ Healthcare sector. Philips Electronics of the Netherlands is

The U.S. District Court of Massachusetts has ruled in favor of Genlyte Thomas Group LLC, a subsidiary of The Genlyte Group Inc. , in a patent infringement suit against Arch Lighting Group Inc. and its Arch Lighting Systems division. A