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Mergers & Acquisitions

Allergan acquires Oculeve

Allergan to drop $125m on Oculeve

Allergan (NYSE:AGN) said today that it agreed to pay $125 million up front to acquire Oculeve and its dry eye disease device program, plus unspecified commercialization milestones. South San Francisco-based Oculeve is developing a product called OD-01, a non-invasive nasal neurostimulation device designed to increase tear production in patients with dry eye disease, Allergan said. A pair […]

Lima Corporate closes Zimmer Biomet acquisitions

Lima Corporate closes Zimmer Biomet acquisitions

Lima Corporate said last Friday that it has completed its acquisition of knee and elbow assets from the merged Zimmer and Biomet. The Italian orthopedic company said it purchased Zimmer’s unicompartmental High Flex knee implant and Biomet’s Discovery elbow system within the European Economic Area and Switzerland. Lima Corporate also acquired Biomet’s Vanguard complete knee system in Denmark and Sweden. “The completion of […]

Konica Minolta buys Brazilian X-ray maker Sawae

Konica Minolta buys Brazilian X-ray maker Sawae

Konica Minolta (TYO:4902) said today it acquired Brazilian X-ray system equipment manufacturer Sawae through its Konica Minolta Healthcare do Brazil division. The Tokyo, Japan-based company said it made the acquisition to address an increasing amount of aging X-ray and medical systems in the 200-million person Brazilian market. After acquiring Sawae, Konica Minolta will be able to utilize […]

B. Braun logo

B. Braun picks up German dialysis firm

B. Braun Medical said today that its Avitum AG dialyis subsidiary acquired Lauer Membran Wassertechnik, which makes the Aquaboss water treatment system, for an undisclosed amount. “This latest global acquisition will allow us to expand and grow our business as a full-system supplier of dialysis products and services in the U.S.,” vice president Sam Amory, said in prepared […]

DJO Global closes Zimmer Biomet buys

DJO Global closes Zimmer/Biomet buys

DJO Global said yesterday its subsidiary Encore Medical has closed on the purchase of Zimmer (NYSE:ZMH) and Biomet assets that the merging companies were unloading to satisfy U.S. anti-trust regulations. The purchase included Biomet Cobalt bone cement, Optivac cement mixing accessories, the SoftPac pouch and Discovery elbow system for the U.S. marketplace, DJO Global said. Financial details of […]

BSN Medical buys FarrowMed

BSN Medical buys FarrowMed

BSN Medical said yesterday it has acquired elastic short-stretch compression garment maker FarrowMed. The acquisition will expand BSN’s product line which is focused on the management of lymphatic and venous disorders, the Hamburg, Germany-based company said. “This acquisition benefits BSN and our customers alike, as we are now able to offer more comprehensive management solutions […]

Integra Lifesciences, TEI Biosciences

Integra LifeSciences picks up TEI Biosciences, TEI Medical for $312m

Integra LifeSciences (NSDQ:IART) said yesterday that it agreed to acquire TEI Biosciences and sister company TEI Medical for $312 million in cash in a bid to expand its footprint in reconstructive surgery and regenerative wound care. The deal, expected to close during the 3rd quarter, brings TEI’s PriMatrix dermal repair scaffold and a 125-member sales force under the […]