Companies

IRVINE, Calif. - Danaher, a $150 billion U.S. company that makes tools used in developing and testing medicines, has agreed to buy Masimo for $9.9 billion, expanding in patient-monitoring devices in a surprise move outside its main focus. Read More

VANCOUVER - TELUS Corp. says it has hired TD Securities Inc. and Jefferies Securities Inc. as financial advisers to aid in the review of TELUS Health as it seeks a partner for the business. The company says the financial advisers will help with its monetization strategy for TELUS Health, which may include the identification and evaluation of potential strategic partnerships. Read More

DARTMOUTH, N.S. - MOBIA Technology Innovations and MOBIA Health Innovations have announced the launch of a unified Data & AI Enablement Practice, a new centre of excellence focused on helping organizations build the trusted data foundations required to successfully operationalize Artificial Intelligence. As part of this expansion, MOBIA has appointed Jeff MacDonald (pictured) as Practice Lead, Data & AI Enablement. Read More

ST-EUSTACHE, Que. - Christie Innomed Inc., a leader in medical imaging and health technologies, announced that Dr. Michel Vachon and Nicolas Vachon have acquired all the shares of Group Christie and its subsidiaries. This transaction, carried out with the support of the Business Development Bank of Canada (BDC), consolidates the company’s governance and strengthens its ability to pursue its long-term growth and innovation strategy. Read More

EDMONTON – PainChek, an Australian health technology company specializing in AI-assisted pain assessment solutions, has officially established its Canadian headquarters in the Edmonton Metropolitan Region, marking the company’s entry into the North American market. Read More

TORONTO - RPAutomation Inc., doing business as Cardiac Registry Support (CRS), a premier provider of cardiac registry services, has announced the successful acquisition of Lynne Thompson Consulting/Quality Health Data. The acquisition marks a significant expansion of its service portfolio and geographic reach to over 100 US hospitals and clinical research organizations. Read More

MONTREAL - Doximity, a San Francisco-based company with an app and website that connects doctors to other healthcare professionals and patients, is diving deeper into artificial intelligence by acquiring Montreal-based startup Pathway Medical for US$63 million. Read More

VANCOUVER and PALO ALTO, Calif. — MYND Therapeutics (MYNDTX), an innovative digital therapeutics company, and Hello Alpha, a virtual healthcare company, have announced a partnership to offer the Myndset, smartphone-based, AI-driven, immersive digital therapy program for weight loss and obesity care. Read More

TORONTO — Vitalhub Corp. is pleased to announce that it has acquired Novari Health Inc., a leading healthcare software provider of patient flow solutions based in Canada. VitalHub has acquired Novari for total up-front consideration of $43.6 million, plus potential performance-based consideration. Read More

TORONTO – Synaptive Medical, a global medical technology innovator, has announced the successful completion of a strategic restructuring and the closing of a significant new private investment. This milestone marks a pivotal new chapter for the company – one that strengthens its mission to revolutionize neurosurgical care in close collaboration with clinicians worldwide. Read More