Medtronic to acquire RF Surgical Systems

Medical electronics equipment maker Medtronic to acquire RF Surgical Systems for approximately $235 million. RF Surgical Systems is a developer of detection system for the prevention of retained surgical sponges for approximately $235 million. There are many reported cases where surgical items are left inside patients after wound closure, which are life-threatening. The proprietary detection system by RF Surgical system uses a low radio frequency (RF) signal to track and detect surgical gauze, sponges and towels (embedded with a RF tag) through blood, dense tissue and bone....