U.K. international orthopedic company Corin Group said it will acquire Omni, a robotic knee surgery platform developer. Raynham, Mass.-based Omni developed its OmniBotics system as an imageless total knee replacement solution which combines a robotic cutting guide with a robotic tool to measure ligament function. The system allows surgeons to tailor the implant position to each […]
Permira funds to buy contract manufacturer LSNE
Private equity firm Permira announced today that it will acquire Lyophilization Services of New England (LSNE), a contract developer and manufacturer in both the pharmaceutical and medical device industries. Permira is buying the company in partnership with management. LSNE founder and CEO Matt Halvorsen will still hold a significant equity stake in the company and will […]
Bidding war heats up for Toshiba Medical
A bidding war for Toshiba (TYO:6502) subsidiary Toshiba Medical is reportedly heating up among a slew of private equity players and rival corporations. Toshiba, which said last month that it’s seeking outside investors to buy a stake in the healthcare business amid laying off nearly 7,000 workers, wants to focus on its core nuclear energy and chip businesses. Private equity shops KKR and Bain […]
