The University of Minnesota is touting makeshift ventilators made from $150 in parts as potential solutions amid the shortage of equipment at healthcare facilities during the COVID-19 outbreak. According to a report in the Star Tribune of Minneapolis, researchers tested the prototype on a pig, keeping the animal breathing for an hour and confirming the possibility of […]
MGC Diagnostics
PE firm Altus Capital to acquire MGC Diagnostics for $50m
Private equity firm Altus Capital Partners has inked a deal to acquire MGC Diagnostics Corp in a $50.3 million deal. In the deal, Altus will pay $11.03 per share for each share of MGCD, equalling out to approximately $50.3 million, representing a 44% premium on its January 24 closing price of $7.65. “We look forward […]
Wright Medical announces $200M debt offering | Wall Street Beat
Wright Medical (NSDQ:WMGI) said it’s planning a private placement for $200 million worth of senior notes due 2017.