Say hello to MassDevice +3, a bite-sized view of the top three medtech 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. Zoll Medical inks deal for Impact Instrumentation
Zoll Medical today said it agreed to acquire Impact Instrumentation, which makes respiratory care devices, for an unspecified amount.
West Caldwell, N.J.-based Impact makes portable and automatic emergency ventilators, portable and onboard aspirators, custom mounting systems, and specialized testing systems, according to a press release. Read more
2. Wright Medical to acquire Tornier for $3.3B in inversion deal
Wright Medical today dropped a couple of bombshells on the orthopedics market, announcing an inversion deal to pay $3.3 billion for Dutch rival Tornier in a stock-for-stock deal and revealing an approvable letter from the FDA for its Augment bone graft.
The Tornier acquisition will see Wright reincorporate in Holland, but base its lower extremities and biologics business in its Memphis home base. The upper extremities business will be based at Tornier’s Bloomington, Minn., facility with its engineering in Warsaw, Ind., according to a press release. Read more
1. Teleflex wins another $2m from the Army for Semprus tech
Teleflex said today that it landed a U.S. Army grant for the Semprus Sustain anti-microbial coating technology it was having a hard time with earlier this year.
The $2.1 million grant from the Army’s Telemedicine & Advanced Technology Research Center will fund research & development of a tibial intramedullary nail using the Semprus coating, according to a press release. Read more