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Archive for December 1st, 2005

St Jude Medical to Acquire Implantable Sensor Vendor Savacor

St Jude announced today that they will pay $50 million for Savacor Inc (recently profiled on MedGadget.com). Additional terms tied to regulatory and sales milestones were not
disclosed. The acquisition is expected to close by the end of the year.
St. Jude Medical will record a $50 million in-process research and
development charge in connection with the transaction.
Savacor […]


VISICU Files $65 Million IPO

Telemedicine vendor VISICU has filed with the SEC for an initial public offering. VISICU has raised over $15 million in venture capital in their run up to the IPO.

Morgan Stanley & Co., Wachovia Capital Markets LLC, Thomas Weisel Partners LLC and William Blair & Co.
LLC are leading the offering. Visicu did not disclose the number […]


LIFECOR Wearable Defibrillator

LifeVest is the world's first wearable defibrillator for patients who
are at high risk for sudden cardiac arrest or sudden cardiac death.
LIFECOR has identified potential patient groups that may benefit from
this type of devices over an implantable defibrillator.

Post-Myocardial Infarction (MI) patients with complications
Cardiac surgery patients with complications
Heart-transplant waiting list patients
Advanced heart-failure patients
Patients undergoing drug loading with […]


Barcode and RFID Use for Improved Patient Safety

The latest issue of Premier's Safety Share email newsletter links to a bunch of online resources for barcoding, RFID and patient safety. These resources are in the form of stories in the current issue of Patient Safety and Quality Healthcare.

First up is a paper on barcodes and meds administration
prepared by University HealthSystem Consortium. The […]


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