Rhpi Medtech News Today

Bausch + Lomb said on Friday it would acquire several Novartis eye-care products for $1.75 billion as their market grows, sending the company's shares up over 8% in early trading.

The United States will provide Kyiv with a new military package worth up to $500 million, the Pentagon said on Tuesday, in a show of support for Ukraine's fight against Russia as Moscow deals with the aftermath of a mutiny by mercenary fighters.

Masimo Corp shareholders are poised to elect two director candidates proposed by Politan Capital Management, handing a win to the activist investment firm in one of the year's biggest board room challenges, sources familiar with the matter said on Monday.

China's introduction of the world's strictest nutrient standards for infant formula are likely to see scores of brands give up on a market that is shrinking along with the country's falling birth rates, industry executives and analysts say.

Japan's Omron will open its first medical device factory in India in the southern state of Tamil Nadu, two local government sources with direct knowledge said on Monday, the latest foreign manufacturer to set up operations in the region.

President Joe Biden's administration is seeking to meet with the makers of the life-saving medication naloxone used to reverse opioid overdoses, in an effort to increase access and reduce cost, a spokesperson for the White House Office of National Drug Control Policy said.

A look at the day ahead in U.S. and global markets from Mike Dolan.

The United States lifted a 17-month import ban on products from Malaysian rubber glove maker Smart Glove, saying the company has addressed exploitative labour practices.

Swedish medical equipment maker Getinge reported on Wednesday an unexpected rise in first-quarter operating profit as demand for some equipment picked up from the pandemic and component shortages eased.

Dutch health technology company Philips on Monday said it had set aside 575 million euros ($631 million) for possible litigation costs related to its global recall of respiratory machines.