Zimmer Biomet is staking out territory in the fast-growing robotic surgery market by acquiring Medtech, a France-based company that has already commercialized robotic systems used in brain and spinal procedures.
Warsaw, IN-based Zimmer Biomet (NYSE: ZBH) paid an estimated $77... Read more »
The week started on a reflective note. Our San Diego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56.
And then the news flowed, from a fast... Read more »
Showing little concern for stock-market volatility or worries over the Brexit, venture capital firms pumped $15.3 billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity.... Read more »
Cree has made no secret of its plans to focus its business on LED lighting. Now the company is ramping up those efforts with the planned sale of a legacy business unit that did not fit that strategy.
Durham, NC-based Cree (NASDAQ:... Read more »
During a summer that’s been marred by political upheaval and horrific violence inside and outside the U.S., it’s natural for startup entrepreneurs and others immersed in the technology world—including us journalists—to wonder about the role of innovation in solving social problems.... Read more »
As the Federal Aviation Administration sets new rules for commercial operations of unmanned aircraft, legions of new startups are using drones to perform all kinds of tasks—from aerial inspections to mapping, imaging, and analysis.
Whether these new businesses can succeed will... Read more »
This week started with celebrations of America’s birthday, and it has been dominated—biotech-wise—by America’s government. The Obama administration continued its high-profile involvement in the life sciences by updating its Precision Medicine Initiative, easing limits on doctors who want to fight... Read more »
Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions.
Morristown, NJ-based Pernix (NASDAQ: PTX) will cut 60 workers, mostly from its neurology... Read more »
The Obama administration’s push to sign up one million Americans for a long-term health study will start in New York, Pittsburgh, Chicago, and Tucson, AZ, top health officials said today.
National Institutes of Health director Francis Collins (pictured) and FDA commissioner... Read more »