Pyng Medical (CVE:PYT) said yesterday that its shareholders approved an $8.6 million takeover offer from Teleflex (NYSE:TFX), setting the stage for the deal to close April 3. First announced in early February, the deal calls for a Canadian Teleflex subsidiary to pay 30.2¢ apiece for the roughly 28.5 million shares in Pyng, which makes intraosseous infusion technology, pelvic stabilization & […]
Battelle and Halyard Health (NYSE:HYH) snagged a $14.4 million contract from the U.S. Navy to develop a combination drug/device medical wrap that can help protect and save severely injured limbs, both at home and in the battlefield. The Office of Naval Research awarded the 4-year contract as part of its Acute Care Cover for Severely Injured […]
Zimmer Biomet (NYSE:ZBH) capped off the American Orthopedic Surgery Society’s annual meeting this week by inking a deal to distribute CelgenTek Innovations Corp.’s bone trauma technology and the launch of new Persona and OsseoTi knee components. The Warsaw, Ind.-based orthopedics juggernaut said the deal with CelgenTek includes that company’s N-Force fixation system and iN3 cement for […]
Brain-injury device developer X2 Biosystems said it sold approximately $4.2 million worth of debt and securities under a previously filed $9 million offering.
Surgical Frontiers is looking to make investments in young musculoskeletal technology companies with the $7 million fund it just secured.
The company has already promised some of the cash to 3 portfolio companies with orthopedic technologies in foot & ankle, sports medicine and trauma, the company said.