Mergers & Acquisitions
Cantel Medical acquires Jet Prep in closed-doors deal
Cantel Medical (NYSE:CMN) today announced the acquisition of Jet Prep Ltd, an endoscopy device company based in Herzliya, Israel.
Jet Prep is the developer of the Jet Prep Flushing Device, an endoscopic tool used for washing mucosal tissue in the gastrointestinal tract which already has regulatory clearances for the U.S. and E.U. markets.
Endo Health announces a lifesciences mega-buy and Street-beating Q3
There are big things afoot at Endo Health Solutions (NSDQ:ENDP), which announced plans to pick up specialty pharmaceuticals maker Paladin Labs in a deal valued at $1.6 billion.
Mako’s Q3 numbers drop, outlook clears in the midst of Stryker merger
Terumo acquires Turkish blood bank distributor
Terumo BCT, a subsidiary of Terumo Corp. (TYO:4543), said it acquired its onetime blood products distributor GADA Turkey for an undisclosed amount.
GADA Turkey, a subsidiary of the GADA Group Holding, was a Terumo BCT distributor to blood banks and hospitals in Turkey since 2009.
SafeStitch Medical takes TransEnterix’s name
Florida medical device maker SafeStitch Medical was reborn as TransEnterix Inc. as the companies navigated a previously announced merger.
SafeStitch shareholders approved a restated certificate of incorporation, under which the company took TransEnterix’s name more than tripled the number of authorized shares of common stock from 225 million to 750 million, according to regulatory documents.
Biomet closes Lanx buyout
Biomet said today that it closed the acquisition of spinal device maker Lanx Inc.
When the deal was announced early last month, Biomet said it would expand its spine offering with Lanx’s Timberline and Aspen spinal fusion systems. The deal was originally expected to close by Nov. 29.
Boston Scientific closes $275M buyout of Bard’s electrophysiology unit
Teleflex buys Vidacare for $263 million, Q3 profits soar
Apollo Endosurgery to buy Allergan’s obesity biz for up to $110M
Vention Medical acquires Fast Forward Medical
Medical device design & engineering firm Vention Medical acquired Fast Forward Medical and its catheter technologies for an undisclosed amount.
Salem, N.H.-based Vention, which is owned by KRG Capital Partners, said Plymouth, Minn.-based Fast Forward’s management team will stay in place after the merger.