Wednesday, March 10th, 2010

According to our friends at Mass High Tech:
Relievant Medsystems Inc., a California-based medical devices company, has raised $20 million in venture funding from investors led by Morgenthaler Ventures, which has an office in Boston.
The funding is a Series C round that also included Emergent Medical Partners, Onset Ventures and Canaan Partners, which has a location [...]

Natus Medical Incorporated (Nasdaq:BABY) today announced that it acquired privately-held Hawaii Medical LLC  of Massachusetts.    Hawaii Medical manufactures and markets single-use disposable products sold into the NICU and nursery in hospitals.
Natus acquired Hawaii Medical for a cash price of $2.9 million, with the potential for additional consideration depending upon the achievement of certain revenue targets. [...]

Ray Elliott,59, was named CEO of Boston Scientific following the retirement of Jim Tobin. Elliot has more than 35 years of experience leading health care and consumer products companies.
According to a Boston Scientific press release:
He led the orthopedics company Zimmer Holdings Inc. for 10 years, joining the company as President and rising to [...]