Successful surgical device development is dependent on teasing out, … [Read More...]
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New Requirements for Medical EMC: IEC 60601-1-2 Edition 4
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How to Ramp Up Bioabsorbable Production While Decreasing Piece Part Price
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From Zero to Six Million – Using a Component Management Process to Scale Up Manufacturing of Drug Delivery Devices
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Mergers & Acquisitions.
Bard shareholder looks to scuttle $24B merger with BD
A shareholder of C.R. Bard (NYSE:BCR) sued yesterday to stop a $24 billion merger with Becton Dickinson (NYSE:BDX), arguing that the price tag is too low and that the sale process was flawed and seeking class-action status for the suit. Plaintiff Richard Maser filed the lawsuit in the U.S. District Court for New Jersey, seeking to […]
Pamplona Capital to acquire Parexel in $5B deal
Parexel said today that it would go private after Pamplona Capital agreed to buy the pharmaceutical research services company in a deal valued at $5 billion. Pamplona is slated to pay $88.10 per share for Parexel, which is a 5% premium to the stock’s close on Monday. Get the full story at our sister site, […]
Analysts: Stryker might not be the only bidder for Novadaq
Stryker (NYSE:SYK) might not be the only firm in the running for Novadaq Technologies (TSE:NVDQ), according to analysts responding to Stryker’s $701 million bid for the Canadian fluorescence imaging company. Mississauga, Ontario-based Novadaq yesterday agreed to the $11.75-per-share bid, which offers a 95.8% premium on NVDQ’s $6 closing price June 16. That agreement – and the high […]
PerkinElmer to buy Euroimmun in $1.3B deal
PerkinElmer (NYSE:PKI) inked a deal today to acquire Euroimmun Medical Laboratory Diagnostics for $1.3 billion in cash. The move is an effort to expand into autoimmune and allergy diagnostic markets, according to the scientific instruments-maker. Germany-based Euroimmun has 2,400 employees and is expected to bring in $310 million in revenue this year. Get the full […]
Sinclair Pharma acquires Refine’s breast-lifting tech for $11m
Sinclair Pharma today acquired the rights to cosmetic device developer Refine Medical’s Refine Support System breast lifting technology for $11.3 million. The Refine Support System is a soft and flexible suture-mesh-anchor system designed to lift and support tissue, according to London-based Sinclair Pharma. The company said that the system can be used for a variety […]
Report: Activist fund takes aim at Philips
An activist fund run by Daniel Loeb is said to be amassing a stake in Dutch healthcare giant Philips ahead of a possible proxy war next year. Third Point, named for a wave break popular with surfers off of Malibu, could be looking to acquire a “multi-billion-euro position” in Philips, anonymous sources told the Times […]
Stryker to pay $700m for Novadaq
Novadaq Technologies (TSE:NVDQ) said today that it agreed to a $700 million offer from Stryker (NYSE:SYK) for its line of fluorescence imaging technology. Mississauga, Ontario-based Novadaq said the $11.75-per-share offer is a 95.8% premium on its $6 closing price June 16, for a valuation of roughly $701 million; Stryker said that includes some $47 million in […]
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