KALAMAZOO ? Medical device giant Stryker has agreed to buy Mako Surgical Corp. for $1.65 billion to add technology for robot-assisted surgery. Investors in Mako will receive $30 a share from Stryker, the companies said Wednesday in a statement. The offer carries an 86 percent premium over Fort Lauderdale-based Mako's closing price Tuesday. Mako, founded
GRAND RAPIDS ? Israeli medical device start-ups will be traveling to Michigan on October 16 looking for local partners, university collaborators and private funding. The Trendlines Group in partnership with OurCrowd will be heading back to Michigan for a day-long road show that starts in Grand Rapids and finishes in Ann Arbor. ?It?s an opportunity
LANSING - The release early Wednesday of a report on expected monthly insurance rates on the federal health care exchange, which will begin accepting enrollment on Tuesday, showed that monthly rates in Michigan will be slightly less than the national average, and the news drew praise from supporters of the controversial Patient Protection and Affordable
ANN ARBOR ? The Southeast Center for Integrated Metabolomics has been awarded a five-year, $9 million grant from the National Institutes of Health. IROA Technologies, formerly NextxGen Metabolomics, is a founding member along with the University of Florida. With the grant funding, the SECIM is developing an integrated metabolomics service to provide highquality data, user-friendly
LANSING - Attorney General Bill Schuette on Thursday announced another effort to try to better enforce regulations against compounding facilities like the New England Compounding Center largely held responsible for the national meningitis outbreaks last fall due to use of tainted pain killer drugs. In addition to a grand jury and other investigations ongoing related
KALAMAZOO ? Rob DeWitt, president and CEO of the Southwest Michigan Innovation Center, said he?s using the Internet to reach out to the life sciences industry to present a virtual visit to SMIC on its 10th anniversary. On Oct. 9, SMIC will host ?Leading Life Sciences: A Virtual Visit,? an online exploration of the incubator,
GRANDVILLE - BioLife Plasma Services is breaking ground on a third West Michigan plasma collection center In an effort to better serve patients who rely on the lifesaving therapies processed from donated human plasma. A subsidiary of Baxter Healthcare Corporation, BioLife Plasma Services is an industry leader in operating high-quality plasma donation centers throughout the
TRAVERSE CITY ? A new survey by the Ponemon Institute concludes medical identity theft and family fraud are on the rise, with the number of victims affected up 20 percent within the last year alone. The survey, sponsored by the Medical Identity Fraud Alliance with support from ID Experts, finds that medical identity theft affects
MIDLAND - Michigan Molecular Institute Research Scientist Patrick Smith was included in the 2013 class of American Chemical Society Fellows at a ceremony Monday in Indianapolis. The designation of ACS Fellow puts Smith, 63, in rarified air for an organization whose membership tops 163,000 globally; less than one percent are awarded the prestigious honor, according
GRAND RAPIDS - Michigan Health Connect, the state's largest health information exchange, and Michiana Health Information Network, one of the most mature HIEs in the nation serving healthcare providers in Indiana and Michigan, have announced a partnership to share information vital to patient health. ?This connection to Michigan Health Connect allows important health information to