Dive Brief:
- Medtronic and GE HealthCare have expanded their partnership to integrate patient monitoring technologies for use at more sites of care.
- Under the deal disclosed Tuesday, GE HealthCare will integrate Medtronic technologies into devices used in settings including bedside and ambulatory monitoring.
- The partners also agreed on expanded commercial initiatives to cut costs and harmonize technology platforms.
Dive Insight:
Covidien, now part of Medtronic, struck a deal in 2012 to provide technologies for use in GE HealthCare patient monitors. The latest multi-year deal builds on the earlier agreements by extending GE HealthCare’s right to use Medtronic’s pulse oximetry, brain monitoring, capnography and regional oximetry technologies.
Medtronic named bedside monitoring, telemetry and ambulatory monitoring solutions, maternal-infant care, and advanced perioperative monitoring as areas where GE HealthCare can use its technologies. The deal brings the technologies to GE HealthCare’s FlexAcuity platforms, Carescape Canvas and Carevance monitors.
The partners have committed to expediting the incorporation of Medtronic’s next-generation Nellcor pulse oximetry and BIS Advance brain monitoring technologies into multiple GE HealthCare platforms. The R&D plan also includes an expansion into wireless wearable technologies and anesthesia airway visualization.
GE HealthCare’s patient care solutions team will work with Medtronic’s acute and monitoring group to commercialize the devices. The partners said the joint commercial initiatives are intended to accelerate clinical transformation, reduce costs and harmonize technology platforms.
The GE HealthCare alliance is part of Medtronic’s portfolio of patient monitoring deals. Medtronic lists Baxter, Philips, Siemens Healthineers and Stryker among the companies using its patient monitoring technologies.
Medtronic recently expanded its agreement with Mindray. Medtronic agreed to provide pulse oximetry, brain monitoring, capnography and regional oximetry technologies for patient monitoring devices used by ambulatory surgery centers.
