For the third time in the past four weeks, stocks within the medtech industry climbed to never-before-seen heights as 2021 reared its head. Previous highs have largely been a result of the FDA granting Moderna emergency use authorization for its vaccine candidate and its subsequent rollout to the U.S., joining the one made by Pfizer (NYSE:PFE) and BioNTech (NSDQ:BNTX), […]
Z-Medica
Teleflex acquires Z-Medica
Teleflex (NYSE:TFX) announced that it completed its previously announced acquisition of hemostatic product maker Z-Medica. Having announced a definitive agreement to buy Z-Medica when revealing its third-quarter financial results in October, Teleflex will acquire the company with an upfront cash payment of $500 million at closing and up to an additional $25 million upon the achievement […]
Teleflex reports better-than-expected Q3, will acquire Z-Medica for $500M
Teleflex (NYSE:TFX) posted third-quarter results today that beat the consensus forecast on Wall Street, with CEO Liam Kelly reporting an encouraging pace of recovery in the U.S. The Wayne, Pa.–based medtech company also announced that it plans to pay $500 million upfront to acquire Z-Medica and its QuikClot, Combat Gauze and QuikClot Control kaolin-impregnated gauzes […]
Z-Medica wins investment from PE firm, looks to expand QuikClot access
Hemostatic device developer Z-Medica this week received a majority investment from private equity firm Linden Capital Partners as the company looks to continue expanding the availability of its QuikClot hemostatic products. The investment places Linden Capital alongside current shareholders DW Healthcare Partners, who invested in the company in 2012, according to a statement from CEO Stephen Fanning. […]
Z-Medica wins FDA de novo nod for QuickClot Control+
Hemostatic device developer Z-Medica said today it won FDA de novo clearance for its QuickClot Control+, now indicated for temporary control of internal organ space bleeding for patients displaying Class III or Class IV bleeding. The Wallingford, Conn.-based company touted its QuickClot Control+ as the 1st and only non-absorbable hemostatic dressing with clearance for internal organ […]
Z-Medica inks 3-year, $3m QuikClot supply deal with NYPD
Hemostatic device developer Z-Medica said today it inked a 3 year, $2.7 million deal to supply the New York City police department with QuikClot belt trauma kits. The QuikClot belt trauma kit contains the company’s QuikClot combat gauze, a tourniquet, compression bandage and gloves for controlling bleeding in emergency situations, the Wallingford, Conn.-based company said. “Our […]
M&A: Z-Medica nabs TAUREON’S Novacol hemostatic products
Connecticut-based Z-Medical announced this month that it acquired the Novacol resorbable hemostatic product line from rival TAUREON, headquartered in The Netherlands.
TAUREON said that it hopes to focus more on its core businesses, giving over the Novacol line to Z-Medica and its vast distribution network. The companies did not disclose the terms of the deal.
Baxter adds 30 jobs in Malta | Medtech personnel moves for the week of Apr. 7, 2014
Report: Baxter to add 30 jobs in Malta
April 2, 2014 by Arezu Sarvestani
Malta regulators announced this week that healthcare titan Baxter plans to add 30 additional jobs in the country.
Z-Medica taps ex-Solta Medical CEO Fanning | Personnel Moves
Z-Medica said it named Stephen Fanning, the former CEO of Solta Medical, to be its new chief executive.
Wallingford, Conn.-based Z-Medica is developing blood clotting technologies it calls QuikClot.
Z-Medica enters Dutch market
Z-Medica Corp.’s blood clotting products are now available in the Netherlands.
The Wallingford, Conn.-based medical device maker signed a distribution deal with Utrecht-based Stöpler Instrumenten & Apparaten B.V for its QuikClot line of hemostatic agents.
Z-Medica signs another European distributor
Z-Medica Corp. signed an exclusive deal with Romed for sales and distribution of its QuikClot line of hemostatic agents in Belgium.
The contract is the Wallingford, Conn.-based medical device maker’s third international distribution agreement and second in the European Union. In addition to Belgium, Romed operates in Luxemburg and the Netherlands, where it’s based.
