Medical device manufacturer Hologic is going from a publicly traded company to a private business as the Marlborough-based firm is to be acquired for up to $18.3 billion.
Medical device manufacturer Hologic has expanded its board, electing Martin Madaus as the Marlborough-based firm’s newest member of its board of directors, effective last Friday.
As Hologic gears up to cease operations at its Danbury, Connecticut facility in December, the Marlborough-based medical device manufacturer plans tol incrementally lay off 86 employees by the end of February.
Medical device manufacturer Hologic is broadening its focus on women’s health as the Marlborough-based firm has signed a definitive agreement to acquire the California-based medical technology manufacturer Gynesonics.
Women’s global health has not improved since the height of the pandemic, and in some cases, their health has decreased. In fact, though the U.S. has the highest healthcare spending out of all polled countries, it ranked 30th in the world in regards to women’s health.
Hologic, a Marlborough-based medical device manufacturer, is expanding its product catalog through the planned $310-million acquisition of Endomagnetics.
The filing didn’t specify where or when the layoffs would take place, except they are part of a restructuring of its diagnostics division, which has been losing money due to a drop in sale of COVID tests.