Teleflex (NYSE:TFX) said it’s closed the $276 buyout of surgical mask maker LMA International.
The deal brings Singapore-based LMA’s branded laryngeal mask supraglottic airway and its Intavent Direct Ltd. businesses under the Teleflex umbrella.
The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Wall Street analysts are by and large predicting good things for Abbott (NYSE:ABT) after it spins out its branded pharmaceuticals division, to be named AbbVie, early next year.
But, although some are decidedly bullish on ABT, others are taking a more cautious approach until more is known about the structure of the deal.
Four medical device companies reeled in more than $70 million in recent weeks, to develop technologies including a laser scalpel for minimally invasive surgeries, a peripheral vessel stapler, a thermal ablation system and a biliary stent.
Cambridge, Mass.-based OmniGuide led the charge with a $35 million round from Orbimed Advisors. OmniGuide chairman Yoel Fink told MassDevice.com in 2010 that the device uses the mirror technology he pioneered at the Mass. Institute of Technology in the 1990s.
Two of the hospital industries leading group purchasing organizations announced a flurry of supply deals with medical device companies for wound care and hand held surgical instruments Thursday.
Mako Surgical (NSDQ:MAKO) Rio robotic surgery system needs to move from ‘nice to have’ to ‘need to have’ if it’s going to gain traction with hospitals.
That’s because the capital expenditure market is still under pressure from the weak economy, according to Leerink Swann analyst Richard Newitter, citing the un-named hospital CFO.
Group purchasing organization Premier Healthcare signed a new contract with Carestream to provide diagnostic dental imaging systems to its 86,000-plus membership.
Premier has been offering Carestream imaging systems to its members since 2010, but the new contract extends the deal for another 3 years.
The surge of rhetoric from device buyers warning that a looming 2.3% medical device tax could be a "windfall" for the industry is little more than a "manufactured issue," according to the Medical Imaging & Technology Alliance.
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