Philips inks deal with Hologic for mammography equipment

Philips and Hologic have announced a worldwide partnership agreement.  The deal will provide integrated services for women patients by bringing together Hologic’s mammography technologies and Philips’ portfolio of ultrasound, MR, CT, and X-ray systems and advanced informatics – as well as maintenance, upgrade, training and operational performance management.

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Siemens Healthineers raises $5.2B with IPO

Siemens’ healthcare division, Siemens Healthineers, began trading on Germany’s stock exchange Friday, raising $5.2 billion (4.2 billion euros) by selling 15 percent of the company. Shares of were issued at 28 euros each but opened at 29.10 euros each. The initial public offering (IPO) has been in the works for months, with numerous reports indicating it could occur by the end of March. This is widely viewed as one of the biggest public equity offerings in the history of Germany’s stock market.

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Congress delays medical device tax for two years

WASHINGTON — Almost no one got everything they wanted out of the Monday deal to reopen the government — except perhaps medical device companies, who managed to fend off an industry-wide excise tax before the first payments were due.   The stopgap spending deal that was signed by President Trump on Monday included a two-year delay of the 2.3 percent tax, which was originally included in the Affordable Care Act to help pay for the law’s health insurance subsidies.

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Siemens Tees Up Health-Care IPO in One of Biggest European Deals in Years – Listing is part of CEO’s efforts to focus company on narrower field of profitable businesses

Siemens AG, the German engineering conglomerate, is readying the most significant step yet in its years long restructuring: the listing of a big chunk of its health-care business, estimated to be worth up to $47 billion.  Siemens isn’t likely to set the exact size of the IPO yet but is targeting listing a slice of between 15% and 25%… The company has said it wants to launch the offering by the middle of next year.

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