Welch Allyn Inc (Skaneateles Falls, NY) acquired Hubble Telemedical Inc (Knoxville, TN), a privately held healthcare company that enables remote diabetic retinopathy screening and analysis in primary care and other convenient settings. Using Hubble’s network, retinal images are acquired and quality-checked at the point of care and then sent to specialists for over-read. The specialist generates a complete diagnostic report and sends it back to the ordering physician or clinic. Hubble Telemedical’s current product will continue to be developed, sourced, and sold by its existing workforce. It will be business as usual for all Hubble Telemedical partners and customers.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.