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St. Jude Children's Research Hospital has agreed to spend $412 million to develop an advanced research center as part of a $1 billion capital expansion at its St. Jude campus. The center is intended to foster an environment where scientists and clinicians will pursue breakthroughs in hopes of accelerating progress in treating and curing catastrophic pediatric diseases.

Roche has agreed to pay $1.9 billion to acquire healthcare tech company Flatiron Health. Founded by two former Google employees, Flatiron developed its Health OncologyCloud platform that includes an electronic medical record for oncology, advanced analytics, patient portal and integrated billing management. Its technology is an aggregating data resource that helps researchers develop real-world evidence in oncology.

Astellas has paid $102.5 million for Universal Cells, a biotech that the company says is developing a platform technology intended to do away with the testing needed to ensure cell therapy products aren’t rejected by a patient’s immune system. It uses recombinant adeno-associated viral vectors to edit the genomes of pluripotent stem cells by switching off human leukocyte antigen expression in a way that does not cause “off-target” DNA cutting — which could lead to unintended effects. The resulting universal donor cells won’t require donor matching or immune-suppressing therapy and don’t stimulate rejection, according to the biotech.

Johnson & Johnson Medical Devices Companies have agree to acquire Orthotaxy, a privately held developer of software-enabled surgery technologies, including a differentiated robotic-assisted surgery solution. The technology is in early-stage development for total and partial knee replacement, and J&J plans to broaden its application for a range of orthopedic surgery procedures.

LivaNova PLC has agreed to acquire TandemLife, a Pittsburgh-based privately held company focused on advanced cardiopulmonary temporary support solutions. The company offers four product systems, all built around a common pump and controller. This allows hospitals to deploy a versatile platform consisting of a single pump and controller upon which all of the company’s products operate.

 

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