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M2M Communication Considerations in Medical Device Development
Machine-to-machine communication (M2M) refers to the sharing of information … [Read More...]
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How an integrated data platform can reshape the medical device industry
As big data grows and competition rises, stricter regulatory guidance looms Today’s medical device industry is being transformed by the generation and analysis of vast amounts of data. However, the … [Read More...]
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Mergers & Acquisitions.
Fuse + Maxim = an all-stock transaction
Fuse Medical’s (OTC: FZMD) recent purchase of Maxim Surgical was an all-stock transaction worth $3,276,488, according to a recent Securities and Exchange Commission (SEC) filing. Maxim is a spinal fusion device company and device distributor. Closed on Aug. 1, the Maxim deal was the second acquisition in the past year for Fuse, which purchased CPM Medical Consultants in […]
Avista to acquire Organogenesis
Avista Healthcare Public Acquisition group said last Friday it inked deal to acquire Organogenesis for an undisclosed amount. As part of the deal, Avista Capital Partners private equity firm will invest $92 million into the newly acquired company, which is slated to be listed on the Nasdaq under the ticker symbol “ORGO” following the closing […]
AngioDynamics acquires Surgical Specialties’ BioSentry sealant, updates on Bard antitrust suit
AngioDynamics (NSDQ:ANGO) said today it acquired Surgical Specialties’ BioSentry Tract Sealant assets for an undisclosed amount, and touted a recent legal win in a case against Becton Dickinson & Co. (NYSE:BDX) subsidiary C.R. Bard. The newly acquired BioSentry system is designed to prevent the occurrence of pneurmothorax during CT-guided percutaneous lung biopsies using a proprietary hydrogel plug which […]
Report: Smiths may abandon talks of merger with ICU Medical
Smiths Group (LON:SMIN) may walk away from talks of a $9 billion merger of its healthcare division with ICU Medical (NSDQ:ICUI), Sky News reported this week. The two groups began talks more than two months ago, but Smiths is reportedly leaning towards a decision to abandon negotiations. Get the full story at our sister site, Drug Delivery Business News.
Boston Scientific inks $160m deal for peripheral stent maker Veniti
Boston Scientific (NYSE:BSX) said today it inked a deal worth up to $160 million to acquire stent developer Veniti. Marlborough, Mass.-based Boston Scientific said it currently owns 25% of the company and will pay $108 million in up-front cash for the remaining stake in Veniti, with an additional $52 million on the line in milestone payments […]
Varian Medical acquires radiation therapy patient management system dev HumediQ
Varian Medical (NYSE:VAR) said today it acquired privately-held HumediQ, which develops the Identify automated patient identification, positioning and management system for radiation therapy, for an undisclosed amount. Palo Alto, Calif.-based Varian said the acquisition was made to expand its motion-management portfolio as part of its “long-term growth and value creation strategy.” “Varian is focused on enabling […]
Cantel Medical pays $17m for Stericycle’s clean room biz
Cantel Medical (NYSE:CMN) said today that it paid $17 million in cash to buy the clean room maintenance business from Stericycle (NSDQ:SRCL). The controlled environmental solutions business consists of the B&V Testing and Certco services, which provide testing & certification, environmental monitoring and decontamination services for clean rooms and other controlled environments. The CES business put up […]
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