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The Medical Device Business Journal — Medical Device News & Articles | MassDevice

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Straumann Holdings AG

Report: “Unglamorous” medtech outshines biopharma in 2019

July 31, 2019 By Nancy Crotti

Medtech merger and acquisition deal announcements slowed in the first half of 2019, but the industry got a boost from Verily’s $1 billion round of funding — the largest ever for a medtech firm. The Verily round was twice the size of the biggest-ever VC deal for a biotech company, according to the Vantage Half-Year […]

Filed Under: Blog, Business/Financial News, Featured, Funding Roundup, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: Abiomed, Danaher Corp., Dentsply Sirona, Evaluate Ltd., Exact Sciences, Siemens, Steris Corp., Straumann Holdings AG, Terumo, Verily

Align Tech, ClearCorrect parent co Straumann bury the hatchet, ink distro deal

March 29, 2019 By Fink Densford

Align Technology (NSDQ:ALGN) said today that it inked a deal with competitor ClearCorrect parent company Straumann Holding to settle all outstanding patent disputes between the companies. The deal includes a $35 million payment from Switzerland-based Straumann, as well as a 5-year global distribution deal through which Straumann will distribute 5,000 of San Jose, Calif.-based Align Tech’s iTero Element […]

Filed Under: Business/Financial News, Dental, Featured, Legal News, Patent Infringement Tagged With: aligntechnology, Straumann Holdings AG

Medical device companies: These 15 performed the best in 2017

January 5, 2018 By Chris Newmarker

Updated Jan. 5, 2018 Among the most successful medical device companies of 2017, there were two themes: innovation and breadth of services. That was the major takeaway of an MDO analysis of the stock performance of the 100 largest publicly traded medtech companies in the world. What does innovation mean? Think Align Technology (Nasdaq:ALGN) and […]

Filed Under: Business/Financial News, Contract Manufacturing, Diabetes, News Well, Structural Heart, Wall Street Beat Tagged With: Abiomed, aligntechnology, Bruker Corp., Insulet, integer, Intuitive Surgical, LivaNova, Merit Medical Systems, Straumann Holdings AG, Teleflex

Straumann Group to acquire ClearCorrect for $150m

August 17, 2017 By Fink Densford

Clear orthodontic corrective device maker ClearCorrect said today it inked a deal to be acquired by Straumann Holding for approximately $150 million. The Round Rock, Texas-based orthodontic device company said it would continue to operate out of its Texas headquarters under its ClearCorrect name, and that the acquisition will allow it to improve and expand the […]

Filed Under: Business/Financial News, Dental, Mergers & Acquisitions Tagged With: ClearCorrect, Straumann Holdings AG

Straumann inks distro deal, ups stake in Rodo Medical

April 28, 2017 By Fink Densford

Dental device developer Rodo Medical said today that it entered into a new distribution agreement with Straumann Holding, which has increased its stake in Rodo Medical from 12% to 30% for an undisclosed sum. The agreement will provide Straumann with exclusive distribution rights outside of North America and South Korea with an option to increase […]

Filed Under: Business/Financial News, Dental, Distribution Tagged With: Rodo Medical, Straumann Holdings AG

Straumann raises sales growth target after strong first half

August 23, 2016 By MassDevice

(Reuters) – Dental implant maker Straumann Holding on Tuesday raised its sales growth forecast for a 2nd time this year following a strong 1st half and bought an Indian rival to tap into a fast-growing market. The Basel-based company reported a 16% rise in 1st-half revenue to 461.2 million Swiss francs ($480.1 million), beating an average 451 […]

Filed Under: Business/Financial News, Dental Tagged With: Straumann Holdings AG

Nobel Biocare notches a mixed win in patent war with Straumann’s Neodent

November 2, 2015 By Brad Perriello

Danaher (NYSE:DHR) subsidiary Nobel Biocare notched a mixed win in the initial determination from the U.S. International Trade Commission in its patent war with a Straumann subsidiary and a Brazilian manufacturer over dental implant technology. Nobel Biocare filed a complaint in October 2014 with the ITC, asking for an investigation of the importation and sale of the Neodent DriveCM dental  implant, made […]

Filed Under: Dental, Legal News, Patent Infringement Tagged With: Danaher Corp., Instradent, Neodent, Nobel Biocare Holdings AG, Straumann Holdings AG

Stryker to pay $162 million for French alloy maker Memometal

June 6, 2011 By MassDevice staff Leave a Comment

Stryker
Memometal

Stryker Corp. (NYSE:SYK) agreed to pay $150 million in up-front cash for Memometal Technologies SA, plus another $12 million in milestone payments.

Bruz, France-based Memometal makes implants for the extremities using shape memory alloys. The $162 million value of the deal is a 5.4x multiple of the $30 million the company posted to its top line last year.

Filed Under: Mergers & Acquisitions, News Well Tagged With: AstraZeneca plc, Merge Healthcare, Nobel Biocare Holdings AG, Northern Digital Inc., Ophthalmic Imaging Systems, Roper Industries Inc., Straumann Holdings AG, Stryker, Unisyn Medical Technologies

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