Medical device regulations continue to grow more complicated. For … [Read More...] about Regulatory Transformation Demands New Business Cases and KPIs
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Precision Molding: Getting it Right the First Time
How to find the right partner Precision injection molding ensures a molded component is repeatable every time, from lot to lot, regardless of the annual production volumes. However, not every molder provides the same level of experience or awareness and is able to fully embrace the use of scientific molding principles in the pursuit of […]
Medical Device Design: The Benefits of Partnering Early with an Expert Textile Supplier
Medical textiles are critical components of implantable medical devices. Whether they’re designed for cardiovascular, general surgery, orthopedic, or neurovascular applications, implantable medical devices rely on many components that work together synchronously to enable and enhance patient quality of life. How do medical textiles fit into the big picture?
Mergers & Acquisitions.
ResMed completes $1B acquisition of Medifox Dan
ResMed (NYSE:RMD) announced today that it completed its previously announced acquisition of Medifox Dan. In June, ResMed announced an agreement to acquire Medifox Dan for €958.6 million ($984.5 million). Medifox Dan develops clinical, financial and operational software for out-of-hospital care providers. It offers care documentation, personnel planning, administration and billing, among other things. When the […]
Orthofix, SeaSpine announce CFO post-merger
SeaSpine CFO John Bostjancic will continue as the top financial officer of the to-be-named orthopedic device giant created through a merger with Orthofix. When the two companies announced their plans to merge last month, they said that Bostjancic’s present boss, SeaSpine CEO Keith Valentine, would be CEO. “John has been a key leader of SeaSpine […]
Acutus Medical achieves $20M milestone in Medtronic deal
Acutus Medical (Nasdaq:AFIB) announced today that it completed the first milestone under its asset purchase agreement with Medtronic (NYSE:MDT). Carlsbad, California-based Acutus announced in April that it agreed to sell its left-heart access portfolio to Medtronic for $50 million. It completed the first of two closings in its portfolio sale in June. The achievement of the first […]
Abiomed stock skyrockets on Q3 results ahead of Johnson & Johnson acquisition
Abiomed (Nasdaq:ABMD) shares soared before hours on third-quarter results and the news of its acquisition by Johnson & Johnson (NYSE:JNJ). Johnson & Johnson announced this morning that it agreed to buy Abiomed for $16.6 billion. Shares of ABMD skyrocketed up more than 50% at $378.30 apiece in morning trading today. MassDevice‘s MedTech 100 Index, which includes […]
Johnson & Johnson to acquire Abiomed for $16.6B
Johnson & Johnson (NYSE:JNJ) announced today that it agreed to acquire Abiomed (Nasdaq:ABMD) for approximately $16.6 billion. Under the agreement, Johnson & Johnson intends to acquire through tender offer all outstanding Abiomed shares. That amounts to an upfront payment of $380 per share in cash. Johnson & Johson plans to complete the transaction before the […]
Thermo Fisher Scientific to buy specialty diagnostics maker for $2.6B
Thermo Fisher Scientific (NYSE:TMO) announced today that it entered into a definitive agreement to acquire The Binding Site Group. The Binding Site develops specialty diagnostic assays and instruments. It designs its technology to improve the diagnosis and management of blood cancers and immune system disorders. The Binding Site’s Freelite offering aids in multiple myeloma diagnosis […]
Cordis to acquire MedAlliance for initial $235M
Cordis this week announced it will acquire MedAlliance for a total consideration of over $1 billion. Through the deal, Cordis will pay an initial investment of $35 million and an upfront closing payment of $200 million. In addition, it will pay regulatory achievement milestones of up to $125 million. Plus, commercial milestone payments could reach […]
