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Amendia acquires SpineSelect assets

Amendia buys Custom Spine

Amendia said Tuesday it acquired New Jersey-based spinal technology company Custom Spine. Amendia did not disclose the details of the acquisition. Marietta, Ga.-based Amendia said the acquisition would further its focus on the spinal market and that Custom Spine’s Pathway articulating vertebral interbody technology was of specific interest to Amendia. “I’m looking forward to adding Custom […]

Sorin

Sorin’s Q2 earnings plunge on Cyberonics merger costs

Sorin Group (BIT:SRN) said yesterday that its 2nd-quarter profits plunged nearly 80% , largely due to costs from its pending, $2.7 billion merger with Cyberonics (NSDQ:CYBX). Milan-based Sorin said profits were €2.1 million ($2.3 million), down -79.0% from €10.0 million ($11.1 million) during Q2 2014. The merger with Cyberonics into a new entity called LivaNova cost €16.6 million ($18.4 […]

ResMed

ResMed buys China’s Curative Medical, gains on Q4 beat

ResMed (NYSE:RMD) yesterday said it paid an unspecified amount to acquire Chinese respiratory device maker Curative Medical and reported fiscal 4th-quarter results that beat Wall Street’s expectations. San Diego-based ResMed said Curative will operate under its own banner under founder & CEO Jason Sun. Curative’s vascular business was not a part of the deal, which is […]

Teleflex updates on Q2 earnings, FDA clerances, acquisitions, deals & study data.

Teleflex updates on Q2 earnings, FDA clearances, acquisitions, deals & study data.

Teleflex (NYSE:TFX) yesterday released a slew of new information on the company, including its fiscal 2nd quarter results, new FDA clearances, the acquisition of Australian distributor assets, details on a new group purchase agreement and data from a set of new studies.   Teleflex shares slide on Q2 report Teleflex’s shares dropped nearly 5% today after […]

Lombard Medical

Lombard purchases endograft developer Altura

Lombard Medical Technologies (NSDQ:EVAR) said today it acquired endovascular stent graft developer Altura Medical. Altura develops ultra-low profile endovascular stent graft technology intended for the treatment of abdominal aortic aneurysms, in line with Lombard’s own technologies and their flagship Aorfix endograft. The terms of the transaction between Irvine, Calif.-based Lombard and Silicon Valley-based Altura medical included the […]

Varian acquires Claymount for €50m, earnings

Varian acquires Claymount for €50m, announces Q3 earnings

Varian Medical (NYSE:VAR) yesterday released its fiscal Q3 earnings and announced it acquired Netherlands-based X-ray component manufacturer Claymount for $55 million (€50 million). The Palo Alto, Calif.-based company grew from Q3 last year but failed to meet the street on earnings and revenue. Varian reported $1.13 earnings per share for the quarter, an 11¢ increase since […]

Abbott, Tendyne, Cephea

Abbott drops $250m on Tendyne, backs Cephea in mitral valve play

CEO Miles White proved today that he wasn’t just blowing smoke last week when he said that Abbott (NYSE:ABT) has powder to burn and is ready to use it. Abbott today revealed a pair of investments aimed at building out its presence in the mitral valve replacement market, saying it put another $225 million on top of the […]