Medtronic (NYSE:MDT) CEO Omar Ishrak has literally put his money where his mouth is since saying in early June that the world’s largest pure-play medtech maker would look for small-scale investments – $1.05 billion of that money, in fact. That’s Fridley, Minn.-based Medtronic’s announced spend on M&A since June 5, when Ishrak said the company would […]
Medtronic pays $150m for Medina Medical
Medtronic (NYSE:MDT) yesterday said it agreed to pay $150 million to acquire Medina Medical and its embolization coil for treating brain aneurysms. The Medina device is a self-expanding mesh designed to fill the inside of an aneurysm. Menlo Park, Calif.-based Medina won CE Mark approval in the European Union for the device in September 2014, a month after naming […]
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DePuy Synthes, Brainlab ink integration pact | Wall Street Beat
Johnson & Johnson (NYSE:JNJ) subsidiary DePuy Synthes Spine said it inked a deal with Brainlab to develop integrated surgical navigation and imaging devices.