ISO 13485:2016: An Introduction The international standard ISO 13485 … [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.
Sivantos, Widex merge to form 3rd largest hearing aid maker
Hearing aid maker Sivantos, formerly Siemens (NYSE:SI) audiology biz now owned by PE firm EQT, announced plans this week to merge with Danish hearing aid maker Widex in a deal that could make the merged group the third largest player in the hearing aid market, according to a Reuters report. The merged company is expected to have […]
Analogic shareholder suit seeks to block $1B sale to Altaris
A group of Analogic (NSDQ:ALOG) shareholders filed a suit looking to block the company’s $1 billion go-private sale to Altaris Capital Partners, according to court documents posted this week. Plaintiffs in the deal, led by Steve Barta, claim that Analogic did not supply shareholders with appropriate material “necessary to allow them to make an informed decision […]
J&J’s DePuy Synthes acquires Medical Enterprises Distribution assets
Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes said today it inked a deal to acquire the assets of Medical Enterprises Distribution, including its automated ME1000 surgical impactor designed for hip replacements, for an undisclosed amount. DePuy said that it expects the deal to close during the second quarter of this year, and that the deal is still subject […]
SurModics acquires Embolitech thrombectomy tech for $5m
SurModics (NSDQ:SRDX) said today it inked a deal with Embolitech to acquire its thrombectomy platform and the associated intellectual property in a deal worth $5 million up front, with additional payments based on regulatory milestones. The newly acquired tech platform is designed for use in the peripheral vasculature to remove hard blood clots, Eden Prairie, Minn.-based SurModics […]
Takeda reaches $62B deal to buy Shire
After a series of offers, Takeda (TYO:4502) said today that it reached an agreement with Shire (NSDQ:SHPG) to acquire the U.S.-based company in a deal valued at $62 billion. The merger was approved by both companies’ boards of directors, according to Takeda, and is slated to close in the first half of 2019. Takeda investors are wary of the enormous […]
Varian acquires Taiwanese distributor Cooperative CL Enterprises
Varian Medical (NYSE:VAR) said today it acquired Taiwanese radiotherapy equipment distributor Cooperative CL Enterprises for an undisclosed amount. The distribution company, based in Taipei, currently employs approximately 45 individuals and has represented and distributed Varian equipment for more than 40 years, the Palo Alto, Calif.-based company said. “With the acquisition of COOP, Varian will be able […]
NN closes $375m Paragon Medical buyout
NN Inc. (NSDQ:NNBR) said today that it closed its $375 million acquisition of orthopedic contract manufacturer Paragon Medical. NN last month agreed to put up $375 million for Pierceton, Ind.-based Paragon, which makes orthopedic case and tray kits, implants and instruments. The company posted sales growth of 11.9% to $141 million last year, NN said when it announced the deal. Paragon […]
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