RTI Biologics (NSDQ:RTIX) hopes a $130-million acquisition of Pioneer Surgical will help strengthen distribution and allow the company to expand into metal and synthetic implants. RTI today announced its intent to acquire Pioneer in a cash deal to acquire all of Pioneer’s outstanding stock.
Mergers & Acquisitions
Teleflex nabs Eon Medical, lands E.U. win for Arrow GPSCath catheter
Bayer and Conceptus consummate a $1.1B merger
M&A: Zimmer picks up German extremities & trauma co. for undisclosed sum
Orthopedics giant Zimmer (NYSE:ZMH) announced today that it acquired Germany-based NORMED Medizin-Technik GmbH, but the companies are keeping quiet about the terms of the deal.
NORMED develops screws, plates and specialized instruments for use in foot & ankle and hand & wrist surgeries, Zimmer said.
Abbott, Boston Scientific pay almost no taxes in Ireland despite billions in profits | Wall Street Beat
GE Healthcare buys Unisyn’s ultrasound probe repair biz
GE Healthcare (NYSE:GE) said it acquired the ultrasound probe repair business of Unisyn Medical Technologies for an undisclosed amount. In a separate announcement, Unisyn said it will spin out its diagnostic imaging field service business under the Consensys Imaging Service brand.
Valeant confirms $9B acquisition of Bausch & Lomb
Maquet acquires LAAx and its TigerPaw II heart implant
Getinge (PINK:GETI B) subsidiary Maquet Cardiovascular said it bought LAAx Inc and its TigerPaw II heart implant for an undisclosed amount.
Appetite for Acquisition: Stryker CEO Lobo says medical device company is in the hunt | Wall Street Beat
Theragenics soars on private equity buyout offer
Theragenics (NYSE:TGX) said a private equity firm, Juniper Investment Co., offered to pay up to roughly $71 million for the medical device company, sending its shares to a 52-week high today on Wall Street.
Medical device M&A: Activity still strong despite Q1 declines in deal value, volume
The number of medical device merger & acquisition deals and their value fell during the 1st quarter, according to PricewaterhouseCoopers, but that doesn’t mean there wasn’t a lot of activity behind the scenes, Dimitri Drone, leader of PricewaterhouseCoopers’ Transaction Services Life Sciences sector, told MassDevice.com.