What is a LVAD? How does it work? A left ventricular assist device … [Read More...]
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Things You Need to Consider When Designing Robots for Commercialization
When people think of robotics, they often think about warehouses or … [Read More...]
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Bioelectronic Medicine: Targeting Inflammatory Disease with Electricity
Clinical Results in RA and Crohn’s, Looking Ahead at MS By Anthony Arnold, CEO of SetPoint Medical Inflammation – it’s a term that conjures up two very different scenarios in the body: one that is … [Read More...]
Mergers & Acquisitions.
Report: Takeda raises $60B offer for Shire, nears prelim acquisition agreement
Takeda Pharmaceutical (TYO:4502) has sweetened its approximately $60 billion bid for Shire (NSDQ:SHPG) and is approaching a preliminary agreement for acquisition, according to a new report from Bloomberg. The deal could come to a head as early as today, according to the report, as both companies have been working on a tentative agreement and price for the […]
Precision Therapeutics to acquire Helomics
Precision Therapeutics (NSDQ:AIPT) said today it inked a letter of intent to acquire the remaining equity in Helomics, making it a wholly owned subsidiary. Minneapolis, Minn.-based Precision Therapeutics, which currently owns 25% of Helomics, said that it will acquire the remaining 75% equity stake in the company. Precision Therapeutics said it is hopeful that a new […]
Terumo’s Vascutek, Bolton Medical merge to form Terumo Aortic
Terumo Corp. (TYO:4543) said today its Vascutek subsidiary and Bolton Medical have merged together to form a new company, Terumo Aortic. The newly combined company is expected to have a revenue of more than $200 million, and will employ more than 1,100 individuals worldwide, Tokyo-based Terumo said. Terumo Aortic will look to accelerate its position in treating aortic […]
Orion inks $200m deal to sell diagnostics unit
Orion said today that it plans to sell its Orion Diagnostica division to an investment fund managed by Axcel Management for $200 million. The Finland-based company said its diagnostic unit operates independently from its pharmaceutical business and that the two groups have “material business synergies.” Get the full story at our sister site, Drug Delivery […]
Schein to spin out animal health biz in merger with Vets First Choice
Henry Schein (NSDQ:HSIC) said today it plans to spin off its Animal Health business and merge it with Vets First Choice to create a new combined animal health business which will operate under the moniker Vets First Corp. The new company aims to use advanced data analytics, practice management software and other specialized technology to support […]
Fresenius to deal majority investment in Sound Inpatient Physicians to PE consortium for $2.2B
Fresenius Medical Care (NYSE:FMS; ETR:FRE) said last Saturday it inked a deal to divest itself of its controlling interest in Sound Inpatient Physician Holdings in a deal worth approximately $2.2 billion (EU €1.8 billion). The company said it is divesting its holdings in Sound to a consortium led by Summit Partners, and that it expects to generate […]
Laborie Medical closes $214m Cogentix buy
Laborie Medical Technologies said today that it closed the $214 million acquisition of Cogentix Medical (NSDQ:CGNT). With about 85% of the urology and gynecology device maker’s shares tendered over the weekend, meeting the minimum tender requirement, the stage was set for the deal to close today. The $3.85-per-share cash tender pulled in some 51.5 million shares, for about $198.2 million, […]
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