Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
3. Apollo Endosurgery to buy Allergan’s obesity biz for up to $110M
Almost exactly 1 year after saying it would seek a buyer for its Lap-Band obesity device, Allergan (NYSE:AGN) said today that Apollo Endosurgery agreed to spend up to $110 million on Allergan’s obesity intervention business, which includes the Orbera intra-gastric balloon.
2. Volcano plunges on lowered 2013 outlook
Volcano Corp. shares plunge after the medical device company cuts its sales forecast for the rest of 2013.
1. 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.