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Federal prosecutors have charged two Chinese companies with conspiring to unlawfully acquire trade secrets from Philips Medical Systems. The case centers on the alleged theft of proprietary CT X-ray tube technology from the former Philips (Dunlee) facility in Aurora, Illinois.

Siemens Healthineers is expanding its U.S. parts inventory with two new "mega depots" in Dayton, New Jersey, and Manteca, California, in a move to increase parts inventory by nearly 30%.

Handheld ultrasound company Butterfly Network is going public and has set an IPO of $3.15 per share, expecting to raise approximately $75.6 million.

Bridgefield Capital, a private investment firm based in Washington, D.C., has announced a definitive agreement to acquire the Philips Emergency Care Business from Royal Philips, which operates in over 130 countries and includes more than 3 million installed AEDs and Advanced Life Support (ALS) devices.

Siemens Healthineers has commenced construction on a new R&D and manufacturing facility in Shenzhen, China with a total investment value exceeding $137 million (1 billion RMB). Since its establishment in 2002, the company's Shenzhen base has grown into one of its largest R&D and production hubs outside Germany, with over 9,000 MR systems produced and a localization rate exceeding 80%.

DOTmed's first Clean Sweep Event of 2025 is live! Bid on over 1,100 lots of quality, pre-owned medical equipment from top US hospitals today: https://lnkd.in/dWDgzgu Free storage available if you're buying from multiple events. On-site shipping experts available to help with your purchase. Pre-bidding starts now, auctions close on February 6th. Bids start at just $10. We have everything from gowns to imaging equipment.

Sutter Health and GE HealthCare have entered a seven-year imaging partnership.?According to Bloomberg, the deal is worth approximately $1 billion, making it one of the largest such agreements for GE.

In your opinion, what were the biggest medical technology mergers / acquisitions of 2024? Based on readership, here are the five biggest deals covered by DOTmed HealthCare Business News over the last year.

By 2029, the global market for digital radiography is expected to hit $1.9 billion, reflecting a CAGR of 3.5% over the forecast period. ?? With help from our friends at symplr, we've got some unique insights into which manufacturers are getting the most attention, and what kind of price quotes buyers are receiving. Take a look! ??

Radiology's big event is still underway at McCormick Place in Chicago, but at this point, most of the #RSNA24 news and product unveilings have already taken place. Although attendees may disagree about the biggest announcements from the show, everyone seems to agree that the congress was livelier and better attended than it had been in recent years. Here are our top six #RSNA stories, based on HCB News reader engagement.