Skip to main content

Share story

Products

LivaNova says new oxygenator production line is operating

The Globe and Mail Image: Primary
LivaNova said during its third-quarter earnings call that its dedicated oxygenator manufacturing line is operating and production has begun. The company is building inventory and expects the line to contribute financially next year. Oxygenators are used in its cardiopulmonary business. Management expects double-digit capacity and output growth in 2027, with an agreement with Thermo Fisher supporting further expansion. Better availability of third-party components and internal manufacturing improvements have already increased oxygenator output year over year. Demand continues to exceed supply, leaving a backlog. Capital spending reached $77 million during the first nine months of 2026, compared with $49 million a year earlier, supporting manufacturing, digital health and information technology investments.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Globe and Mail and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Infrastructure AI
Infrastructure AI

Anthropic buys $3.4 billion in natural gas generators

Anthropic is spending $3.4 billion on Caterpillar natural gas generators capable of producing up to 1.7 gigawatts of electricity, TechCrunch reports, citing the Financial Times.

Infrastructure Products
Infrastructure Products

Honda commits $3B to Ohio assembly plant focused on hybrids

Honda said Monday it will invest $3B in a new Ohio vehicle assembly plant with capacity for up to 240,000 vehicles a year. Production is scheduled to begin in 2029 at the site between its Marysville and East Liberty factories.

Capital
Capital

Coframe raises $25 million for automated website experiments

Coframe announced a $25 million Series A co-led by Khosla Ventures and Hanabi Capital, bringing its total funding to $35 million. The company develops software that generates and tests variations of websites, landing pages and advertisements.

Capital Infrastructure
Capital Infrastructure

Mavria raises $130M for truck-shippable data centers

Mavria raised $130M across pre-seed and seed rounds at a $1B valuation, with Paradigm leading the financing, The Wall Street Journal reported. The company aims to build modular data centers that can be shipped by truck.