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Johnson & Johnson to Acquire Shockwave Medical

Johnson & Johnson and Shockwave Medical, Inc. today announced that they have entered into a definitive agreement under which Johnson & Johnson will acquire all outstanding shares of Shockwave for $335 per share in cash, corresponding to an enterprise value of...

Medline Expands Catheter Portfolio

Medline and Consure Medical have announced a new agreement for Medline to exclusively distribute the QiVi MEC male external urine management device to help guard against catheter-associated urinary tract infections (CAUTI) and incontinence-associated dermatitis (IAD)....

FDA Clears Single-use Flexible Ureteroscope

Olympus, a global medical technology company committed to making people's lives healthier, safer and more fulfilling, announced U.S. FDA 510(k) clearance of its first single-use ureteroscope system, RenaFlex™, with full market availability to be announced at a later...

Brainlab, Fujifilm Offer Advanced Neurosurgery Capabilities

FUJIFILM Healthcare Americas Corporation and Brainlab recently announced that Brainlab will be the exclusive U.S. distributor of ARIETTA Precision Ultrasound for neurosurgery applications to be utilized with Brainlab’s surgical navigation systems. ARIETTA Precision,...

Facility Opened to Meet Demand for TWO2 Therapy Devices

AOTI Inc. announced the opening of an expanded manufacturing facility in Galway, Ireland for the production of its patented Topical Wound Oxygen (TWO2) therapy devices. The new dedicated facility will be responsible for the manufacturing of the company’s complete TWO2 therapy product range, including all the devices and associated consumables. AOTI has maintained a strong manufacturing presence in Galway, Ireland since 2007 when it first formed its manufacturing subsidiary, AOTI Ltd.

“We are delighted to invest in this new facility that will allow us to more effectively ramp up production of our unique multi-modality wound care therapy product line to meet our continually expanding supply needs,” stated Dr. Mike Griffiths, chief executive officer and president of AOTI.

AOTI is experiencing extensive growth in the demand for its products as further high-level clinical evidence is published as to TWO2 therapy efficacy and cost effectiveness, which is expected to lead to broader reimbursement being established across more market segments internationally. This growth is expected to continue exponentially and is fueling expansion of not only the company’s sales and support infrastructure, but also its logistics, administrative and manufacturing capabilities.

AOTI also announced today the hiring of Rene Cortes as its new head of sales marketing and training for the USA. Rene joins the company with 25 years of medical device sales, marketing and training experience across a broad range of companies, most recently at the leading innovative patient monitoring company, Masimo.

For more information, visit www.aotinc.net.

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