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News You Need to Know Today
Boston Scientific scoops up medtech business | Doc sentenced to prison | High drug costs limit access
Monday, September 22, 2025
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Editor's Choice: Economics

Boston Scientific to purchase Elutia’s drug-eluting envelope business for $88M

The FDA-cleared EluPro bioenvelope delivers two antibiotics to patients over an extended period of time after they receive an implantable pacemaker or defibrillator to cut infection rates.

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money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.
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Boston Scientific to purchase Elutia’s drug-eluting envelope business for $88M

Share on Twitter Share on Facebook Share on Linkedin
money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.
The FDA-cleared EluPro bioenvelope delivers two antibiotics to patients over an extended period of time after they receive an implantable pacemaker or defibrillator to cut infection rates.
READ MORE >

New York cardiologist headed to prison—DOJ says he paid for referrals, performed unneeded procedures

"Today’s sentence sends a deterrent message to doctors and the healthcare industry," according to a DOJ statement. "If you abuse patient trust for profit, you will face justice."

READ MORE >
court judge gavel business man bankruptcy lawsuit
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New York cardiologist headed to prison—DOJ says he paid for referrals, performed unneeded procedures

Share on Twitter Share on Facebook Share on Linkedin
court judge gavel business man bankruptcy lawsuit
"Today’s sentence sends a deterrent message to doctors and the healthcare industry," according to a DOJ statement. "If you abuse patient trust for profit, you will face justice."
READ MORE >

Johnson & Johnson MedTech hit with permanent injunction as fallout over antitrust lawsuit continues

Johnson & Johnson MedTech was already ordered to pay $442.2 million in damages for withholding clinical support to healthcare providers. Now the company has been hit with a permanent injunction designed to stop it from being a repeat offender.

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judge court gavel justice system legal
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Johnson & Johnson MedTech hit with permanent injunction as fallout over antitrust lawsuit continues

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judge court gavel justice system legal
Johnson & Johnson MedTech was already ordered to pay $442.2 million in damages for withholding clinical support to healthcare providers. Now the company has been hit with a permanent injunction designed to stop it from being a repeat offender.
READ MORE >

Texas cardiologist to pay $1.2M for allegedly prescribing opioids to himself

The interventional cardiologist was accused of prescribing a variety of drugs to his family and friends, but then picking them up himself for his own personal use. This settlement officially resolves those allegations. 

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pain pills opioids
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Texas cardiologist to pay $1.2M for allegedly prescribing opioids to himself

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pain pills opioids
The interventional cardiologist was accused of prescribing a variety of drugs to his family and friends, but then picking them up himself for his own personal use. This settlement officially resolves those allegations. 
READ MORE >

Medtech company raises $32M for foam-based LAAO device

New Hampshire-based Conformal Medical plans on using the funds to enroll more patients into an ongoing clinical trial. 

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Conformal Medical CLAAS
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Medtech company raises $32M for foam-based LAAO device

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Conformal Medical CLAAS
New Hampshire-based Conformal Medical plans on using the funds to enroll more patients into an ongoing clinical trial. 
READ MORE >

High cost of cardiac amyloidosis drugs may limit access for low-income patients

"We cannot accept a system where only those with means can benefit from life-changing drugs. We are a wealthy nation that spends trillions on healthcare. We must ensure that income and wealth do not determine access," explained JACC Editor-in-Chief Harlan M. Krumholz, MD.

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Cardiac amyloidosis ATTR-CM drug promotion at the 2024 American Heart Association meeting.
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High cost of cardiac amyloidosis drugs may limit access for low-income patients

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Cardiac amyloidosis ATTR-CM drug promotion at the 2024 American Heart Association meeting.
"We cannot accept a system where only those with means can benefit from life-changing drugs. We are a wealthy nation that spends trillions on healthcare. We must ensure that income and wealth do not determine access," explained JACC Editor-in-Chief Harlan M. Krumholz, MD.
READ MORE >

AI company raises $55M with help from leading health systems

Ultromics plans to use the new funds to help expand its presence throughout the United States. In addition, the company is focused on developing additional AI-enabled software offerings.

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artificial intelligence heart AI
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AI company raises $55M with help from leading health systems

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artificial intelligence heart AI
Ultromics plans to use the new funds to help expand its presence throughout the United States. In addition, the company is focused on developing additional AI-enabled software offerings.
READ MORE >

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