Healthineers’ first deal is a tie-up, not a buy up

Siemens Healthineers has made its first deal as an independent group, and while it is not a large, transformative acquisition it is an interesting move. A research and commercial collaboration with spinal device specialist Nuvasive will see the groups investigate technology for use in minimally invasive spine surgeries, with the first goal being integrating Nuvasive’s Pulse surgical automation software with Healthineers’ Cios Spin mobile C-arm device. Pulse was approved in the US in June, and Wells Fargo analysts put its price “a couple of hundred thousand dollars” above that of Nuvasive’s LessRay imaging enhancement software, which goes for around $250,000. The Cios Spin is not yet approved in the US, perhaps giving the companies time to complete the integration before launch. Healthineers has an installed base of 20,000 imaging systems globally, but its footprint in spine is small and upgrading its systems to a next-generation imaging system like Nuvasive’s could help it grow here. Meanwhile its investors will be wondering if this deal is a sign of things to come: perhaps the group’s business development efforts will take the form of partnerships rather than acquisitions, or perhaps the company is merely starting slowly.

Healthineers' Cios Spin mobile C-arm device

Share This Article