Category: Wright Medical Group Inc.
Here's a look at some of the top mergers & acquisitions stories for medical device companies this week: Boston Scientific prices $1.85B debt offering; Wright Medical, Tornier schedule merger votes; Philips shareholders approve lighting biz spinout; Sorin, Cyberonics introduce post-merger leaders
Cartiva, a developer of synthetic cartilage and osteoarthritis treatments, announces an $8.3 million Series D round and adds ex-Wright Medical exec Eric Stoookey to its board.
Cartiva said it secured $8.5 million in an over-subscribed Series D financing for developing new products to treat cartilage injuries and osteoarthritis.
The round was led by new investor New Enterprise Assoc. and existing backer Windham Venture Partners, Cartiva said.
Wright Medical and Tornier schedule shareholder votes next month on their pending, $3 billion 'merger of equals.'
Here's a look at some of the top mergers & acquisitions stories for medical device companies this week: Smith & Nephew 'working hard' on acquisitions trail, CEO says; Profound Medical goes public in reverse merger; Greatbatch mulls spinout for Algostim SCS business; Wright Medical delays Augment timeline; St. Jude Medical closes Spinal Modulation buy
Here's a look at some of the top regulatory stories for medical device companies this week: FDA approves MRI-safe SCS device from St. Jude Medical; Surprise CE Mark for Stentys Xposition S stent; Wright Medical delays Augment timeline; FTC: We might force M&A divestitures in outside markets; FDA closes out CryoLife warning letter, PerClot trial launches
Wright Medical says it now expects its Augment bone graft to win FDA approval in the 2nd half of the year, not next month as previously forecast.
Wright Medical and ConforMIS settle their patent dispute over patient-specific instrumentation technology used in joint replacement procedures.