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.
Analogic shareholders approve $1B go-private deal with Altaris
The $1 billion go-private deal between Analogic (NSDQ:ALOG) and private equity shop Altaris Capital Partners is slated to close tomorrow now that Analogic’s shareholders have approved the deal. Peabody, Mass.-based Analogic said that the $84-per-share deal, announced in April, is worth roughly $1.1 billion. The acquisition passed its first hurdle in the sale late in April, when the […]
Philips acquires Remote Diagnostic Technologies
Royal Philips (NYSE:PHG) said today it acquired U.K.-based Remote Diagnostic Technologies for an undisclosed amount. Remote Diagnostic Technologies develops cardiac therapy, data management and monitoring solutions for the pre-hospital market, and has a portfolio of connected emergency care solutions that Amsterdam-based Philips said will complement its therapeutic care biz. “We are committed to investing in and expanding […]
Cardinal Health deals majority stake in NaviHealth to PE shop CD&R
Cardinal Health (NYSE:CAH) said this week it divested itself of its majority stake in NaviHealth to private equity firm Clayton, Dubilier & Rice, with Cardinal Health retaining the call right to reacquire the business. NaviHealth provides post-acute car programs to hospital systems, health planst, physician groups and healthcare providers as part of value-based care programs, Cardinal […]
Sirtex accepts CDH acquisition offer, moves away from Varian
In the ongoing back-and-forth to acquire Sirtex Medical (ASX:SRX), it seems that Varian Medical‘s (NYSE:VAR) $1.2 billion bid just wasn’t enough. Varian said today that it heard from Sirtex that the company’s board couldn’t turn down the $1.41 billion unsolicited offer from China’s CDH Investments. The bid from CDH Investments came in at a 20% premium on Varian’s […]
Stryker dismisses Boston Scientific buyout rumors, sees shares rebound
Stryker (NYSE:SYK) today put the rumors that it was interested in a takeover of Boston Scientific (NYSE:BSX) to rest and has seen shares rise in response. Rumors emerged of a possible takeover bid from the Kalamazoo, Mich.-based company emerged on Monday in a Wall Street Journal report, after which both companies officially responded with statements of “no […]
Johnson & Johnson OKs $2B LifeScan sale to Platinum Equity
Johnson & Johnson (NYSE:JNJ) said today that it accepted a binding offer of more than $2 billion from private equity shop Platinum Equity for its LifeScan blood glucose monitoring business as it moves toward the exit in the diabetes market. The New Brunswick, N.J.-based healthcare conglomerate early last year announced a strategic review of its LifeScan, […]
Analysts: Stryker, Boston Scientific tie-up could create “higher growth Medtronic”
Analysts are eagerly digging into the news that Stryker (NYSE:SYK) put in a takeover bid with Boston Scientific (NYSE:BSX), though many were surprised by the news and are unsure of the obvious strategic value of the acquisition. News of the deal, which both companies have officially responded to with statemens of “no comment,” emerged yesterday at the […]
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